Notice to Buyers
     
 
1   We will not provide any warranty as to the authenticity and/or conditions of the Lots. The Bidders or their agents shall verify the conditions of the Lots, and be responsible for all his/her actions associated with the auction. We strongly recommend the Bidders and his/her agents to inspect or examine the original Lots, and determine whether the descriptions are true and accurate, and should not be rely upon the Sale Catalogue or any of our illustrations, images or advertisements.

2   All Bidders shall obtain a Bidding Number Tag at least 30 minutes before auctions starts by presenting his/her ID card or valid passport and place a deposit of HK$50,000 (accept cash or remit only). If the bidder finishes the auction without any successful bid, the deposit will be returned immediately after the auction. If the bidder had successful bids, the deposit shall be applied to the settlement of the account. Any balance shall be returned when the Buyer collects the Lot(s). Should the Buyer fail to settle the account as required, the deposit will be forfeited.

3   All Bidders shall keep the Number Tag under his/her safe custody, and shall not lend the same to any other person(s). Otherwise, he/she shall bear all the responsibilities associated with the use of his/her Number Tag for bidding or any other use.

4   The striking of the hammer represents the acceptance of the highest bid, at which moment the Buyer shall bear all the obligations associated with the successful bid. We will notify the “written bid” buyers in writing accordingly.

5   We will only provide insurance for the Lots for seven (7) days after the auction ended. After the expiry of such insurance, the Buyer shall bear all the risks related to the Lots purchased.

6   All payments or settlements shall be made in Hong Kong Dollars. Buyers shall only collect the Lots after full payments are made. Should payments be made by cheque or draft, Lots will only be released after bank clearance

    Sino Art Auctioneers Ltd.