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Description of an imperial Buddhist album titled 'Ershiwu Yuantong', created during the Qing Dynasty, including details about its illustrations, provenance, and historical significance.
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How to fill out soformbys auction document
How to fill out Sotheby's Auction Document
01
Gather necessary information: Collect details about the item(s) you wish to auction, including descriptions, provenance, and condition.
02
Complete the seller's information section: Fill out your personal details, including name, address, phone number, and email.
03
Provide item details: List each item you are consigning with a detailed description, including dimensions, materials, and any notable features.
04
Set reserve prices if applicable: Indicate any minimum price you are willing to accept for each item.
05
Sign the document: Review the terms and conditions, then sign and date the document to confirm your agreement.
06
Submit the document: Send the completed Sotheby's Auction Document to the designated Sotheby's office either by email or postal mail.
Who needs Sotheby's Auction Document?
01
Sellers who wish to consign items for auction at Sotheby's.
02
Collectors seeking to sell art, antiques, or luxury items.
03
Estate executors managing the sale of inherited assets.
04
Individuals or organizations looking to liquidate high-value items.
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People Also Ask about
What percentage does Sotheby's take at auction?
At the moment, Sotheby's official position is that "Sotheby's standard seller's commission is 10% of the hammer price" — that the seller generally ends up receiving only 90% of the hammer price.
What is the English auction format?
Typically, an English auction begins with an inspection period for potential bidders, followed by the auctioneer introducing items for sale and setting a starting bid. As the auction progresses, bidders can place higher bids, with the auctioneer facilitating the process until only one bidder remains.
What is the difference between Christie's and Sotheby's?
Christie's is privately owned by François Pinault, a French billionaire, while Sotheby's was a publicly listed firm. Because of Christie's private existence, it is only permitted to announce its final sales to the press. On the other hand, Sotheby's was held responsible for disclosing details to its shareholders.
Can you just go to a Sotheby's auction?
All of Sotheby's auctions are free and open to the public.
What is the auction draft format?
“Auction” (sometimes called “salary cap”) is a unique league format for fantasy football. Here's how it works: Rather than taking turns selecting players via a “snake draft,” everyone in your league acquires players by bidding on them. Place the highest bid, and you get the player, just like any auction.
How do UK auctions work?
Many auctions follow the English auction format, where participants actively bid against one another, with sale prices rising as the process continues. These price rises cause consumer demand to fall until no one bids further, the most recent bidder being declared the winner.
What is an example of an English auction?
One example is the eBay auction. Once a product's been placed for sale on eBay, buyers are allowed a specific time frame within which to place their bid. The buyer with the highest bid at the close of the bidding becomes the winner and takes possession of the item after paying their current bid price.
What is the English auction method?
Typically, an English auction begins with an inspection period for potential bidders, followed by the auctioneer introducing items for sale and setting a starting bid. As the auction progresses, bidders can place higher bids, with the auctioneer facilitating the process until only one bidder remains.
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What is Sotheby's Auction Document?
The Sotheby's Auction Document is a formal record used by Sotheby's to document the details of items being sold at auction, including descriptions, provenance, and pricing information.
Who is required to file Sotheby's Auction Document?
Sellers who consign items to Sotheby's for auction are required to file the Sotheby's Auction Document.
How to fill out Sotheby's Auction Document?
To fill out the Sotheby's Auction Document, sellers should provide accurate information about the item, including its description, condition, estimated value, and any provenance details. Instructions for submission are typically included with the document.
What is the purpose of Sotheby's Auction Document?
The purpose of the Sotheby's Auction Document is to provide a clear and comprehensive record of the auction items, ensuring transparency and accuracy in the auction process and for potential buyers.
What information must be reported on Sotheby's Auction Document?
The information that must be reported on the Sotheby's Auction Document includes a detailed description of the item, its estimated auction value, provenance details, condition report, and seller's information.
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