5, 7 and 9d, for $14,840,000 during Sotheby’s Contemporary Art Evening Auction, achieving the top sale slot and setting a new record for the most valuable post-war Alfa Romeo sold as a single lot at auction and one of the most valuable of any Alfa Romeo ever sold. Introduction.1.1. For that reason, Sotheby’s condition report is not an alternative to taking your own professional advice regarding the condition of the Lot. If any dispute arises after the sale, RMS’ sale record is conclusive. Moscow had earlier said the masterpiece was stolen from a private collection in 1997. By participating in the auction, the Bidder represents and warrants that any bid placed by them, or on their behalf, is not the product of any collusive or other anti-competitive agreement and is otherwise consistent with applicable competition law. (c) Information provided to Bidders in respect of any Lot, including any estimate, whether written, online, or oral and including information presented online or in any online, PDF, or printed catalogue, condition or other report, commentary or valuation, is not a representation of fact but rather is a statement of opinion genuinely held by Sotheby’s. (a) If the Buyer is an EU/UK Consumer and the Seller is an Trader, the Buyer shall have the right to cancel the sale contract which exists directly between the Trader (as Seller) and the EU/UK Consumer (as Buyer) during the Studio Sale Cancellation Period for any reason provided that (i) the EU/UK Consumer duly informs Sotheby’s during the Studio Sale Cancellation Period of their intention to cancel the purchase of the Lot; and (ii) the EU/UK Consumer returns the Lot to Sotheby’s without undue delay and in any event not later than fourteen (14) calendar days from the day after the EU/UK Consumer has communicated their intention to cancel the purchase of the Lot to Sotheby’s. Minimum Price Guaranteed for Consignor. Sotheby’s introduced its contemporary art evening sale in 2017 in Hong Kong, split 50/50 between Western and Asian contemporary art. Any estimate may not be relied on as a prediction of the selling price or value of the Lot and may be revised from time to time in Sotheby's absolute discretion. Making for a truly unique sale, Sotheby’s auctioneer, Oliver Barker, taking bids from a global audience of specialists from New York, London, and Hong Kong, marked the second time in which a truly unique automotive was offered at a Sotheby’s Contemporary Evening Auction. RMS reserves the right to make the reasonable determination as to whether a Consignor meets the definition of Business. 12.3. The sale included 41 … Following the Baltimore Museum's withdrawal of two major works by Clyfford Still and Brice Marden, Giacometti and Van Gogh led Sotheby's $283 M. October evening sale Cancel/rescind the sale of a Lot(s). The Bidders agree to allow RMS to use their personal information in accordance with RMS’ Privacy Policy. Also newly on offer at Sotheby’s evening auction will be Vija Celmins ’ Night Sky #7, 1995, an oil on canvas representing a dark, starlit night. The auction was the last marquee evening sale of the year for Sotheby’s, and pushed the auction house’s global public and private sales of impressionist, modern, and contemporary art to over $2.75 billion in total for the year. A Celebration of Art Deco: Masterworks from the Collection of Dr. Stephen E. Kelly Evening Sale. 3. "ARR" is applicable artist resale right royalty payable by the Buyer on the qualifying Property; "Bidder" is any person considering, making or attempting to make a bid, by whatever means, and includes Buyers; "Buyer" is the person who makes the highest bid or offer accepted by the auctioneer, and includes such person's principal when bidding as agent; "Buyer's Expenses" are any costs or expenses due to Sotheby's from the Buyer, including an amount in respect of any applicable VAT thereon, and any ARR payable in respect of the sale of the Property; "Buyer's Premium" is the commission payable by the Buyer on the Hammer Price at the rates set out in the guide to Buying at Auction plus any applicable VAT or an amount in lieu of VAT; “Buyer’s Shipping Costs” are any packing, handling and shipping costs and charges (including any costs covering transit insurance) payable by the Buyer to Sotheby’s for provision of delivery services of the purchased Lot to the Buyer; “Consumer Contracts Regulations” means the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 (as amended) which came into force in the UK on 6 April 2013; "Counterfeit" is as defined in Sotheby's Authenticity Guarantee; “EU/UK Consumer” is an individual habitually residing in the European Union or the United Kingdom who purchases a Lot and who is acting for purposes which are wholly or mainly outside that individual’s trade, business, craft or profession; "Hammer Price" is the highest bid accepted by the auctioneer by the fall of the hammer, (in the case of wine, as apportioned pro-rata by reference to the number of separately identified items in that Lot), or in the case of a post-auction sale, the agreed sale price; “Lot” is an item to be offered for sale at a Studio Sale (and “Lots” shall be construed accordingly). 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