Fine Asian Decorative Art

BUYERS GUIDE If you have not bought from Dunbar Sloane before, please read the following notes. They are set out in the order you are likely to come across them in the process of buying at auction. Staff will be pleased to answer any questions you may have. BEFORE THE AUCTION CONDITIONS OF BUSINESS The terms and conditions under which the buyer acts at a sale are detailed as follows. We recommend that you read and understand these conditions of business before registering to bid at an auction. This sale is subject to the conditions of business that follow and to the reserves (if any). VIEWING All lots are available for inspection prior to the sale. Although staff will endeavour to answer your enquiries, and give advice, the final decision to bid is at your discretion and liability. PRE-SALE ESTIMATES The estimated prices printed below the catalogue descriptions are in New Zealand dollars and are the approximate prices expected to be realised, excluding buyers premium. They are not definitive, they are prepared well in advance of the sale and they are subject to revision. CONDITION REPORTS Dunbar Sloane (Auckland) Ltd will provide a condition report if you would like an opinion on any particular lot prior to purchasing. Our staff are not museum trained experts and as such we accept no liability for errors or omissions. All goods are sold 'as is' and it is up to the buyer to satisfy themselves as to the condition of an item before the auction. THE AUCTION Registration for buyers closes 2 hours before the auction. No registration will be accepted after this time. Buyers Premium Successful buyers using the Live Auctioneers online platform pay a premium of 18% of the hammer price plus GST (15%) on this premium, effectively adding a total of 20.25% to the hammer price. AFTER THE AUCTION Payment Payment for purchase is due in New Zealand dollars within 48 hours from the date of sale by credit card or international bank transfer (credit card transactions will incur a fee). Payment can be made by telegraphic transfer direct to our bank: Please add $25 NZD to cover New Zealand bank charges. ANZ Bank of New Zealand, The Terrace, Wellington Branch Credit 06 0501 0846856 00 Swift Code ANZBNZ22 Payee Dunbar Sloane (Auckland) Ltd Please include details of sale date and lot numbers with all payments. COLLECTION OF PURCHASES Property purchased can be collected as soon as full payment has been received. Any items not collected within seven days of the auction may be subject to a storage and insurance fee. Items must be paid for straight away. If applicable, packing and courier fees will be invoiced separately at a later date. NATIONAL & INTERNATIONAL PACKAGING & TRANSPORTATION For international and national packing and courier services, we recommend Pack & Send. Pack & Send, email: newmarket@packsend.co.nz. Quote lot number, correct auction house (Dunbar Sloane Auckland or Wellington) and date of the auction. Insurance of purchases while in transit is the responsibility of the buyer. TERMS AND CONDITIONS 1. The highest Bidder is deemed to be the Buyer, and if during the Auction the Auctioneer considers that a dispute has arisen, the Lot so in dispute shall be immediately put up again for sale. 2. The Auctioneer has the right to refuse any bid and to advance the bidding at his absolute discretion. 3. a) The Seller shall be entitled to place a reserve on any Lot and the Auctioneer shall have the right to bid on behalf of the Seller for any Lot on which a reserve has been placed. b) Dunbar Sloane (Auckland) Ltd have the right to withdraw or divide any Lot or to combine any two or more Lots at their sole discretion. 4. a) The Buyer shall forthwith upon the purchase give in his/her name and permanent address. b) The Buyer may be required to pay down forthwith the whole or any part of the Purchase Money, and if he/she fails to do so, the Lot may at the Auctioneers absolute discretion be put up again and resold. c) The Buyer shall pay to Dunbar Sloane (Auckland) Ltd a premium of 18% on the hammer price (when using the Live Auctioneers platform) together with GST at the standard rate on the premium, and agrees that Dunbar Sloane (Auckland), when acting as agent for the Seller, may also receive commission from the Seller. 5. a) Each Lot sold by the Seller thereof with all faults and defects therein and with all errors of description and is to be taken and paid for whether genuine and authentic or not and no compensation shall be paid for the same. b) Dunbar Sloane (Auckland) Ltd act as agents only and neither they nor the Seller are responsible for any faults or defects in any Lot or the correctness of any statement as the authorship, origin, date, age, attribution, genuineness, provenance or condition of any Lot. c) All statements in the Catalogues, Advertisements or Brochures of forthcoming sales as to any of the matters specified in (b) above are statements of opinion, and are not to be relied upon as statements of representations of fact, and intending purchasers must satisfy themselves by inspection or otherwise as to all of the matters specified in (b) above, as to the physical description of any Lot, and as to whether or not any Lot has been repaired. d) The Seller and Dunbar Sloane (Auckland) Ltd do not make or give, nor has any person in the employment of Dunbar Sloane (Auckland) Ltd any authority to make or give, any representation or warranty. e) In any event neither the Seller nor Dunbar Sloane (Auckland) Ltd are responsible for any representation or warranty, or for any statement in the Catalogues, Advertisements or Brochures of forthcoming sales. 6. a) To prevent inaccuracy in delivery, and inconvenience in settlement of Purchase, no Lot can be taken away during the times of sale, nor can any Lot be taken away unless it has been paid for in full. b) All Lots are to paid for and taken away at the Buyer's expense within TWO days from sale. 7. On failure of a Buyer to take away and pay for any Lot in accordance with Condition 6, Dunbar Sloane (Auckland) Ltd reserves any other right or remedies. i) To resell the Lot or cause it to be resold by public sale, any money paid in part payment being forfeited, any deficiency attending such resale after deducting all costs incurred in connection with the Lot to be made good by the defaulting Buyer, and any surplus to be the Seller's or: ii) To store the Lot or cause it to be stored whether at their own premises or elsewhere at the sole expense of the Buyer, and to release the Lot only after payment in full of the purchase price together with interest there on of 5% above Bank minimum lending rate, the accrued cost of removal, storage and insurance (if any) and all other costs incurred in connection with the Lot. iii) If the Lot has been in store pursuant to (ii) for more than 6 months, to remove the Lot from store and to exercise the right set out in (i).

Total Buyer's Premium of 20.25% includes NZ GST Service Tax.