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For clients who wish to bid on Chinese Painting and Calligraphy, are required to deposit RMB ONE MILLION (RMB1,000,000) and obtain a  shape paddle. The  shaped paddle is also valid for bidding on auction lots of other categories.

In the payment of any purchase made by the Buyer during the China Guardian 2012 Autumn Auctions, before and up to and including Nov. 15, 2012, the Buyer’s commission will be charged at 13.5% of the Hammer Price. From Nov. 16 and up to and including Nov. 30, 2012, the Buyer’s commission will be charged at 14% of the Hammer Price. The commission discount policy ends by the close of business on Nov. 30, 2012. Any deduction between the Buyer’s payment and the Seller’s payment shall not apply to this policy. The Buyers are to make full payment to collect the auction lots.

Please note the following information regarding the sale of Treasures from Yuan Yu Xuan Collection for China Guardian’s 2012 Autumn Auctions:

According to the requirements stated in the "Official Authorization to Auction Cultural Relics at China Guardian's 2012 autumn Auction" issued by the Bureau of Cultural Relics (Beijing Cultural Relics [2012] no. 1358), the lot 3862, lot 3863, lot 3866 to be auctioned by the Treasures from the Yuan Yu Xuan Collection department in China Guardian's 2012 autumn Auction is classified as "first-class objects" and is therefore subject to the "People's Republic of China Protection of Cultural Relics Law" regulation no. 58 which states that China's government organizations engaged in collecting cultural relics have preferential purchase power.

Within seven days following the auction of this object, this company will contact the relevant buyer with the government organization's decision whether or not it to exercise its power to purchase said objects.

2012/10/28