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Bao Zhen Tang Treasure Collection July 18, Friday, 2014 Shanghai

上海泓盛2014春“葆真堂”旧藏专场

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Page 1: 上海泓盛2014春“葆真堂”旧藏专场

Bao Zhen Tang Treasure Collection

200023 5/F, Tower 1, New Richport, No.763 Mengzi Road, Huangpu District Tel+86-21-23286888 Fax+86-21-53060053

WWW.HOSANE.COM

J u l y 1 8 , F r i d a y, 2 0 1 4 S h a n g h a i

Bao Zhen Tang Treasure C

ollection

B14071

Page 2: 上海泓盛2014春“葆真堂”旧藏专场

LOT 1160

LOT 1153

LOT 1162

LOT 1155

LOT 1149LOT 1561

LOT 1563 LOT 2006

LOT 1240 LOT 1336

LOT 2056

Page 3: 上海泓盛2014春“葆真堂”旧藏专场

Hosane 2014 Spring Auctions

Bao Zhen Tang Treasure Collection

Page 4: 上海泓盛2014春“葆真堂”旧藏专场

HOSANE LIVE 2014 Spring Auctions will be broadcast live at www.hosane.com

Portman Ritz-Carlton Hotel Shanghai1376 Nanjing West Road, Shanghai

Jianguo Hotel Shanghai439 Caoxi North Road, Shanghai

Auctions

Previews

Auctions

Previews

Fine Paintings and Calligraphy by Painters in Shanghai9:30 June 26, 2014

Fine Chinese Classical Paintings and Calligraphy13:00 June 26, 2014

Fine Chinese Modern Paintings and Calligraphy Following the Previous Sale June 26, 2014

Chinese Ceramics and Works of Art16:30 June 26, 2014

Oil Painting & Sculpture19:15 June 26, 2014

Trace of the Time - Important Private Collection of 20th

Century Chinese Oil PaintingFollowing the Previous Sale June 26, 2014

Contemporary ArtFollowing the Previous Sale June 26, 2014

From June 24 To One Day Before Each Sale

Bao Zhen Tang Treasure Collection9:30 July 18, 2014

Chinese Banknotes9:30 July 19, 2014

Stamps & Postal History 9:30 July 18-19, 2014

Paper Collectibles 9:30 July 20-21, 2014

Ancient Coins/ Gold & Silver Sycees

/ Milled Coinage

9:30 July 20, 2014

Gold & Silver Coins of PRC

18:00 July 20, 2014

Bronze Mirrors and Later Bronzes

10:30 July 21, 2014

Exquisite Tea Wares

13:30 July 21, 2014

From July 16 To One Day Before Each Sale

Page 5: 上海泓盛2014春“葆真堂”旧藏专场
Page 6: 上海泓盛2014春“葆真堂”旧藏专场

SHANGHAI HOSANE AUCTION CO., LTD.

Kat Wong

Head of Chinese Banknotes DepartmentTel: +86-18921048060 E-mail: [email protected]

Page 7: 上海泓盛2014春“葆真堂”旧藏专场
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第一条:适用法律 本《拍卖规则》(“本规则”) 根据《中华人民共和国拍卖法》及其他有关法律、法规,参照国际通行惯例制定。

第 条:名词解释 本规则各条款内,下列词语具有以下含义: (一)“本公司/拍卖人”指上海泓盛拍卖有限公司; ( )“竞买人”指在本公司登记并办理了必要手续,且根

据中国法律规定具有完全民事行为能力的参加竞购拍卖品的

自然人、法人或者其他组织。竞买人应当具备法律、法规规

定的条 或资格。本规则中,除非另有说明或根据文义特殊

需要,竞买人均包括竞买人的代理人;

(三)“买受人”指在本公司举办的拍卖活动中以最高应价

购得拍卖品的竞买人; (四)“委托人”指同本公司签订了委托拍卖合同、委托本

公司拍卖其可以全权处置的物品或者其他权益的自然人、法

人或者其他组织。本规则中,除非另有说明或根据文义特殊

需要,委托人均包括委托人的代理人; (五)“拍卖品”指委托人委托本公司拍卖的物品和其他可

以拍卖的权益; (六)“拍卖日”指在某次拍卖活动中,本公司公布的正式

拍卖交易日。若公布的日期与拍卖活动实际日期不一致,则

以拍卖活动实际之日为准; (七)“拍卖成交日”指在本公司举办的拍卖活动中,拍卖

师以落槌或者以其他公开表示买定的方式确认任何拍卖品达

成交易的日期; (八)“成交价”指拍卖师落槌决定将拍卖品售予买受人的价格; (九)“出售收益”指拍卖人支付委托人的款项净额,为成

交价减去按比率计算的佣金、各项费用及委托人应支付本公

司的其他款项后的余额; (十)“购买价款”指买受人因购买拍卖品而应支付的包括

成交价、佣金、应由买受人支付的其他各项费用的总和; (十一)“各项费用”指本公司对拍卖品进行保险、制作拍

卖品图录及其他形式的宣传品、包装、运输、存储等所收取

的费用以及依据相关法律、法规或本规则规定而收取的其他

费用; (十 )“保留价”指委托人提出并与本公司协商后书面确

定的拍卖品最低售价; (十三)“参考价”指在拍卖品图录或其他介绍说明文字之后

标明的拍卖品估计售价,仅供竞买人参考,不具备法律效力。

第三条:适用范围 本公司在中华人民共和国法律和 策允许的范围内,组织和

开展拍卖活动。凡参加本公司组织的拍卖活动的委托人、竞

买人、买受人和其他相关各方均应按照本规则执行。

第四条:特别提示 在本公司举办的拍卖活动中,竞买人的最高应价经拍卖师

落槌或者以其他公开表示买定的方式确认时,即表明委托

人与该竞买人之间关于拍卖品的买卖合同关系已合法生

效,该竞买人即成为该拍卖品的买受人。因此产生之法律

后果,由委托人与买受人各自承担。 本规则之规定,构成本公司以拍卖人身份与委托人及买受

人订立合约之相应条款。本规则之规定亦构成委托人与买

受人之间关于拍卖品的买卖合同之相应条款。凡参加本公

司拍卖活动的委托人、竞买人、买受人和其他相关各方必

须仔细阅读并遵守本规则,并对自己参加本公司拍卖活动

的行为负责。如因未仔细阅读本规则而引发的任何损失或

责任均由行为人自行承担。

第五条:瑕疵担保 本公司对拍卖品的真伪及/或品质不承担瑕疵担保责任。 竞买人及/或其代理人应亲自审看拍卖品原物,对自己竞投某拍卖品的行为承担法律责任。

第六条:委托程序 委托人委托本公司拍卖其物品或者其他权益时,若为自然人

的必须持有有效身份证或护照或中国 府认可的其他有效身

份证 ,并与本公司签署委托拍卖合同;若为法人或者其他

组织的,应凭有效注册登记文 、法定代表人身份证明或者

合法的授权委托证明文 ,与本公司签署委托拍卖合同。 委托人委托本公司拍卖其物品或者其他权益时,即自动授权

本公司对该物品或者其他权益自行制作照片、图示、图录或

其他形式的印刷品和影像制品。

第七条:委托人之代理人 作为委托人的代理人,委托本公司拍卖物品或者其他权益

的,应向本公司出具相关委托证明文 。委托人的代理人若

为自然人的,必须持有有效身份证或护照或中国 府认可的

其他有效身份证明文 ;若为法人或者其他组织的,应凭有

效注册登记文 、法定代表人身份证明或者合法的授权委托

证明文 。 本公司有权对上述委托事项以本公司认为合理的方式进行核查。

第八条:委托人保证 委托人就其委托本公司拍卖的拍卖品不可撤销地向本公司及

买受人保证如下: (一)委托人对该拍卖品拥有绝对的所有权或享有合法的处

分权,对该拍卖品的拍卖不会侵害任何第三方的合法权益,

亦不违反相关法律、法规的规定; ( )委托人已尽其所知,就该拍卖品的来源和瑕疵向本公

司进行了全面、详尽和如实的披露和说明,不存在任何 瞒

或虚构之处; (三)如果委托人违反上述保证,造成拍卖品的实际所有权

人或声称拥有权利的任何第三人提出索赔或诉讼,致使本公

司及/或买受人蒙受损失时,则委托人应负责赔偿本公司及/或买受人因此所遭受的一切损失,并承担因此而发生的一切费

用和支出。

第九条:保留价 除本公司与委托人另有约定的之外,所有拍卖品均设有保留

价。保留价由本公司与委托人通过协商,以书面的形式确定。

在任何情况下,对拍卖品不成交本公司都不承担任何责任。

第十条:本公司在宣传、图录、上拍方面的决定权 本公司对下列事宜拥有完全的决定权: (一)通过拍卖品图录、新闻媒体或其他合法的方式对任何

拍卖品作任何内容说明及/或评价; ( )拍卖品在图录中插图的先后次序、位置、版面大小等

安排以及收费标准;拍卖品的展览/展示方式;拍卖品在展览/展示过程中的各项安排及所应支付费用的标准; (三)除非本公司与委托人另有约定,本公司对拍卖品是否适

合由本公司拍卖,以及拍卖地点、拍卖日期、拍卖条 及拍卖

方式等事宜拥有完全的决定权。

第十一条:未上拍拍卖品

委托人已经与本公司签署委托拍卖合同,且已经将拍卖品交

付本公司之后,如果本公司认为某拍卖品不适合由本公司拍

卖的,则委托人应自收到本公司领取通知之日起三十日内取

回该拍卖品(包装及搬运等费用自理),本公司与委托人之

间的委托拍卖合同自委托人领取该拍卖品之日解除。若委托

人未在前述期限内取回拍卖品,则本公司有权将拍卖品向公

证机关办理提存公证或以本公司认为合适且符合法律规定的

方式处理拍卖品,由此产生的一切费用应由委托人承担。

第十 条:拍卖中止 出现下列情况之一,本公司有权在拍卖前的任何时间中止任

何拍卖品的拍卖活动: (一)本公司对拍卖品的归属或真实性持有异议; ( )第三人对拍卖品的归属或真实性持有异议且能够提供异

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议所依据的相关证据材料,并按照本公司规定交付担保金,同

时愿意对中止拍卖活动所引起的法律后果及全部损失承担全部

法律责任; (三)对本规则第八条所述委托人保证的准确性持有异议; (四)有证据表明委托人已经违反本规则的任何条款; (五)存在任何其他合理原因。

第十三条:委托人撤回拍卖品 委托人在拍卖日前任何时间,向本公司发出书面通知说明理

由并经本公司同意后,可撤回其拍卖品。但撤回拍卖品时,

若该拍卖品已列入的图录或其他宣传品已开始印刷,则应支

付相当于该拍卖品保留价(无保留价时,适用约定的保险金

额)百分之 十的款项并支付双方约定的其他各项费用。如

图录或任何其他宣传品尚未印刷,也需支付相当于该拍卖品

保留价(无保留价时,适用约定的保险金额)百分之十的款

项并支付双方约定的其他各项费用。

第十四条:自动受保 除委托人另有书面指示外,在委托人与本公司签署委托拍卖

合同且将拍卖品交付本公司后,所有拍卖品将自动受保于本

公司的保险,保险金额以本公司与委托人在委托拍卖合同中

确定的保留价为准(无保留价的,以该拍卖品的约定的保

险金额为准;调整拍卖保留价的,以该拍卖品原保留价为

准)。此保险金额只适用于保险和索赔,并非本公司对该拍

卖品价值的保证或担保,也不意味着该拍卖品由本公司拍

卖,即可售得相同于该保险金额之款项。

第十五条:保险费

除委托人与本公司另有约定外,拍卖成交后,委托人应支付

相当于成交价百分之一的保险费。如拍卖品未能成交,委托

人应支付相当于保留价(无保留价时,适用约定的保险金

额)百分之一的保险费。

第十六条:保险期间

如拍卖品拍卖成交,保险期限至拍卖成交日起第七日止或买

受人领取拍卖品之日止(以 者中较早者为准)。如拍卖品

拍卖未成交,则保险期限至委托人收到本公司告知其领回拍

卖品的通知之日起七日届满为止。

第十七条:委托人负责投保 如委托人以书面形式告知本公司不需投保其拍卖品,则风险

由委托人自行承担,且委托人应随时承担以下 责任(除非法院或仲裁机构另有裁定):

(一)对其他任何权利人就拍卖品损毁、灭失向本公司提出

的索赔或诉讼作出赔偿;

( )对因任何原因造成拍卖品损毁、灭失,而致使本公司

或任何权利人所遭受的全部损失及所支出的全部费用承担赔

偿责任;

(三)将本条所述的赔偿规定通知该拍卖品的任何承保人

第十八条:保险免责 因委托人的原因自然磨损、固有瑕疵、内在或潜在缺陷、物

质本身变化、自燃、自热、氧化、锈蚀、渗漏、鼠咬、虫

蛀、大气(气候或气温) 变化、湿度或温度转变、正常水位变化或其他渐变原因以及因地震、海啸、战争、类似战争行

为、敌对行为、武装冲突、恐怖活动、谋反、 变、罢工、

暴动、民众骚乱及核裂变、核聚变、核武器、核材料、核辐

射以及放射性污染对拍卖品造成的任何毁损、灭失,以及由

于任何原因造成的图书框架或玻璃、囊匣、底垫、支架、装

裱、插册、轴头或类似附属物的毁损、灭失,本公司不负赔

偿责任。

第十九条:保险赔偿和修复 凡属因本公司为拍卖品所购保险承保范围内的事 或灾害所

导致的拍卖品毁损、灭失,应根据拍卖人与保险公司签署的

保险合同的约定以及中华人民共和国有关保险的法律和规定

处理。本公司在向保险公司进行理赔,并获得保险赔偿后,

将保险赔款扣除本公司费用的余款支付给委托人。在任何情

况下,本公司均无义务就拍卖品在由委托人交付给本公司之

前所发生的修复和损害承担任何责任。

第 十条:竞投限制

委托人不得竞投其本人委托本公司拍卖的物品,也不得委托

他人代为竞投。若违反本条规定,委托人应自行承担相应之

法律责任,并赔偿因此给本公司造成的全部损失。

第 十一条:佣金及费用 除委托人与本公司另有约定外,委托人授权本公司按成交价

百分之十扣除佣金并同时扣除其他各项费用。

第 十 条:未成交手续费 除委托人与本公司另有约定外,如拍卖品因竞投价低于保留

价而未能成交的,本公司将向委托人收取相当于保留价百分

之三的未拍出手续费,及其他各项费用,包括但不限于保险

费、宣传费、保管费等。

第 十三条:支付出售收益

如买受人已按本规则第四十四条的规定向本公司付清全部购

买价款,则本公司应自拍卖成交日起三十五天后以人民币将

出售收益支付委托人。

第 十四条:延迟付款 如本规则第四十四条规定的付款期限届满,本公司仍未收到

买受人的全部购买价款,竞买人应承担由此所产生的一切法

律责任;本公司将在实际收到买受人支付的全部购买价款之

日起七个工作日内(但该时限亦应在拍卖成交日起三十五天

后)将出售收益支付委托人。

第 十五条:交易撤销

拍卖成交日起三十五天后,如买受人仍未向本公司付清全部

购买价款,委托人有权撤销交易。但委托人须向本公司发出

书面通知,并经本公司同意。本公司将在作出同意委托人撤

销交易的决定之日起七个工作日内向买受人发出撤销交易的

通知。如委托人将撤销交易的通知送达本公司之前,买受人

已付清全部购买价款,委托人撤销交易的通知视为自动废

止,相关交易应按照本规则第 十四条等规定继续履行,委

托人应予以必要的配合并不得就此提出任何异议。如委托人

撤销交易,则委托人应自收到本公司领取通知之日起三十日

内取回该拍卖品(包装及搬运等费用自理)。如委托人未在

前述规定的期限内取回拍卖品,则本公司有权将拍卖品向公

证机关办理提存公证或以本公司认为合适且符合法律规定的

方式处理拍卖品,由此产生的一切费用应由委托人承担。

第 十六条:纳税义务

如委托人所得的出售收益应向 府纳税,则由委托人自行负

责办理并承担相应税费。根据国家和地方的有关税务规定,

本公司有权从出售收益中直接扣除委托人应交税款。

第 十七条:协助收取拖欠款项 如买受人在拍卖成交日起七日内未向本公司付清全部购买价

款,本公司有权按照本规则第五十一条之规定向买受人追索

其应付的酬金及其他各项费用,并有权在本公司认为实际可

行的情况下,采取适当措施,协助委托人向买受人收取拖欠

的款项,但本公司不代表委托人向买受人提起诉讼。

第 十八条:本公司之决定权 本公司有权接受委托人授权(由委托人支付费用)并视具体

情况决定下列事项: (一)同意以特殊付款条 支付购买价款; ( )根据本规则有关条款,解决买受人提出的索赔或委托

人提出的索赔; (三)采取其他必要措施收取买受人拖欠委托人的款项。

第 十九条:拍卖品未成交 如拍卖品未成交,委托人应自收到本公司领取通知之日起

三十日内取回该拍卖品(包装及搬运等费用自负),并向本公司支付未拍出手续费及其他各项费用。本公司与委托人之间

的委托拍卖合同自委托人领取该拍卖品之日解除。若在上述

期限,委托人未取走拍卖品的,则本公司与委托人之间的委

托拍卖合同自上述期限届满之日即告解除。若在委托拍卖合

同解除后七日内,委托人仍未取走拍卖品的,本公司有权以

公开拍卖或以其他本公司认为合适的方式及条 出售该拍卖

品,处置所得在扣除第一次拍卖中委托人应支付的未拍出手

续费及其他各项费用及再次出售该拍卖品的全部费用后,若

有余款,则余款由委托人自行取回。

第三十条:风险承担 委托人应对其超过本规则规定期限未能取回其拍卖品而在该

期限后所发生之一切风险及费用自行承担责任。如委托人要

求本公司协助退回其拍卖品,退回的风险及费用由委托人承

担,除非特别指明并负担保险费外,一般在运输中不予投

保。

第三十一条:拍卖品图录 本公司有权制作拍卖品图录,对拍卖品之状况以文字及/或图片进行说明陈述。拍卖品图录中的文字、参考价、图片以

及其他形式的影像制品和宣传品,仅供竞买人参考,本公司

有权于拍卖前修订。这些说明不表明本公司对拍卖品的真实

性、价值、色调、质地、有无缺陷等进行担保。

第三十 条:图录等说明文字 因印刷或摄影等技术原因造成拍卖品在图录及/或其他任何形式的图示、影像制品和宣传品中的色调、颜色、层次、形态等

与原物存在误差者,以原物为准。 本公司及其工作人员或其代理人对任何拍卖品用任何方式(包

括证书、图录、幻灯投影、新闻载体、网络媒体等)所作的介

绍及评价,均为参考性意见,不构成对拍卖品的任何担保。本

公司及其工作人员或其代理人毋需对上述之介绍及评价中的不

准确或遗漏之处负责。

第三十三条:竞买人责任 本公司对拍卖品的真伪及/或品质不承担瑕疵担保责任。竞买人应在拍卖日前,亲自审看拟竞投拍卖品之状态,自行判断

该拍卖品是否符合其描述,而不应依赖本公司拍卖品图录以

及其他形式的影像制品和宣传品之表述做出决定。

第三十四条:竞买人登记 竞买人为自然人的,应在拍卖日前凭有效身份证或护照或中

华人民共和国认可的其他有效身份证 填写并签署登记文

 ;竞买人为法人或者其他组织的,应在拍卖日前凭有效的

注册登记文 、法定代表人身份证明或者合法的授权委托证

明文 填写并签署登记文 ,领取竞投号牌。

第三十五条:保证金 竞买人参加本公司拍卖活动,应在领取竞投号牌前交纳保证

金。保证金的具体数额由本公司在拍卖日前公布。若竞买人

未能购得拍卖品,保证金在拍卖结束后五个工作日内,全额

无息返还竞买人;若竞买人购得拍卖品,抵作购买价款的一

部分。若有余额,在竞买人领取拍卖品时,一并返还。

第三十六条:本公司选择权 本公司有权酌情拒绝任何人参加本公司举办的拍卖活动,或

在拍卖会现场进行拍照、录音、摄像等活动。

第三十七条:异常情况处理 当拍卖现场出现异常情况,本公司有权根据实际情况做出相应

处理。如拍卖现场出现任何争议,本公司有权予以协调解决。

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第三十八条:以当事人身份竞投 除非某竞买人在拍卖日前向本公司出具书面证明并经本公司

书面认可,表明其身份是某竞买人的代理人,否则每名竞买

人均被视为竞买人本人。

第三十九条:拍卖师决定权 拍卖师有权代表本公司提高或降低竞价阶梯、拒绝任何竞

投,在出现争议时,将拍卖品重新拍卖。

第四十条: 影像显示及货币兑换显示本公司为方便竞买人,可能于拍卖中使用投影或其他显示方

式,所示内容仅供参考。无论投影或其他形式的显示所示之数

额、拍卖品编号、拍卖品图片或参考外汇金额等均有可能出现

误差,本公司对因此误差而导致的任何损失不负任何责任。

第四十一条:拍卖成交 最高应价经拍卖师落槌或者以其他公开表示买定的方式确认

时,该竞买人竞投成功,即表明该竞买人与委托人之间达成

了关于该拍卖品的买卖合同。

第四十 条:拍卖记录 本公司进行拍卖时,制作拍卖记录,拍卖记录由拍卖师、记

录人签名。 在本公司举行的拍卖活动中,最高应价经拍卖师落槌或者以

其他公开表示买定的方式确认后,买受人应当在成交确认书

上签名。

第四十三条:酬金及费用 竞买人竞投成功后,即成为该拍卖品的买受人。买受人应支

付本公司相当于落槌价百分之十五的酬金,同时应支付其他

各项费用。

第四十四条:付款时间 拍卖成交后,买受人应自拍卖成交日起七日内一次付清购买

价款并领取拍卖品(包装及搬运等费用自负),否则应承担

违约责任。

第四十五条:支付币种 所有价款应以本公司指定的货币人民币支付,如买受人以本

公司指定的货币以外的其他货币支付,应事先通知本公司财

务部门并按照本公司财务部门根据开户银行公布的汇率折

算。买受人十五日内付款均以拍卖日公布的汇率为准,买受

人在拍卖会十五日后付款,以本公司财务部门根据开户银行

公布的汇率为准。本公司为将买受人所支付之该种外币兑换

成人民币所引致之所有银行手续费、佣金或其他费用,均由

买受人承担。

第四十六条:所有权转移 买受人全额支付购买价款后,即可获得拍卖品的所有权。

第四十七条:风险转移 竞投成功后,下列任何一种情形发生后,拍卖品的风险即由

买受人承担: (一)买受人已领取所购拍卖品;

( ) 拍卖成交日起七日届满。

第四十八条:领取拍卖品 买受人须在拍卖成交日起七日内前往本公司或本公司指定的

其他地点领取所购买的拍卖品。若买受人未能在拍卖成交日

起七日内领取拍卖品,则因逾期造成对该拍卖品的搬运、储

存及保险费用均由买受人承担,且买受人应对其所购拍卖品

负全责。即使该拍卖品仍由本公司或其他代理人代为保存,

本公司及其工作人员或其代理人对任何原因所致的该拍卖品

的毁损、灭失,不负任何责任。

第四十九条:包装及搬运 本公司应买受人要求代为包装及处理购买的拍卖品,本公司

可酌情决定是否提供此项 务,若因此发生任何损失均由买

受人自负。在任何情况下,本公司对因任何原因造成的玻璃

或框架、囊匣、底垫、支架、装裱、插册、轴头或类似附属

物的损坏不负责任。此外,对于本公司向买受人推荐的包装

公司及装运公司所造成的一切错误、遗漏、损坏或灭失,本

公司亦不承担责任。

第五十条:拍卖品出境 根据《中华人民共和国文物保护法》及其他法律、法规规

定,本公司将在拍卖品图录或拍卖会现场说明限制出境的拍

卖品。 根据《中华人民共和国文物保护法》及其他法律、法规规

定,允许出境的拍卖品,买受人应根据国家有关规定自行办

理出境手续。

第五十一条:未付款补救方法 若买受人未能按照本规则第四十四条规定的时间足额付款,

本公司有权采取以下之一种或多种措施: (一)竞买人购得拍卖品后,若未按照规定时间缴付购买价

款,保证金不予退还。同时还应按照本规则规定承担相应责

任。保证金归拍卖人所有。若买受人以同一竞投号牌同时拍

得多 拍卖品的,拍卖成交后,若买受人未按规定时间支付

任一拍卖品的购买价款,则全部保证金均不予退还;若保证

金不足以弥补本公司所遭受的全部损失,买受人应进一步向

本公司赔偿保证金与实际损失的差额部分; ( )拍卖成交后,如买受人未按本规则第四十四条的规定

向本公司付清全部购买价款,本公司有权将买受人全部或部

分资料、信息提供给与本公司有合作关系的第三方机构,委

托该机构代为向买受人催要欠付的全部或部分购买价款; (三)在拍卖成交日起七日后,如买受人仍未足额支付购买

价款,本公司则自拍卖成交日后第八日起就买受人未付款部

分按照日息千分之一收取利息,直至买受人付清全部款项之

日止,买受人与本公司另有协议者除外; (四)对买受人提起诉讼,要求赔偿因其违约造成本公司的

一切损失,包括因买受人迟付或拒付款项造成的利息损失; (五)留置本公司向同一买受人拍卖的该 或任何其他拍卖

品,以及因任何原因由本公司占有该买受人的任何其他财产

或财产权利,留置期间发生的一切费用及/或风险均由买受人承担。若买受人未能在本公司指定时间内履行其全部相关义

务,则本公司有权根据中华人民共和国相关法律法规之规定

处分留置物。处分留置物所得不足抵偿买受人应付本公司全

部款项的,本公司有权另行追索; (六)拍卖成交日起三十五日内,如买受人仍未向本公司付

清全部购买价款,本公司有权撤销或同意委托人撤销在同一

或任何其他拍卖中向同一买受人售出的该 或任何其他拍卖

品的交易,并保留追索因撤销该笔或任何其他交易致使本公

司所蒙受全部损失的权利; (七)经委托人同意,本公司可再行拍卖或以其他方式出售

该拍卖品。原买受人除应当支付第一次拍卖中买受人及委托

人应当支付的酬金/佣金及其他各项费用并承担再次拍卖或以其他方式出售该拍卖品所有费用外,若再行拍卖或以其他方

式出售该拍卖品所得的价款低于原拍卖价款的,原买受人应

当补足差额。

第五十 条:延期领取拍卖品之补救方法 若买受人未能按照本规则第四十四条规定的时间领取其购得

的拍卖品,则本公司有权采取以下之一种或多种措施: (一)将该拍卖品储存在本公司或其他地方,由此发生的一

切费用及/或风险均由买受人承担。在买受人如数支付全部购买价款后,方可领取拍卖品(包装及搬运等费用自负); ( )对该拍卖品行使留置权,若买受人延迟领取该拍卖品

超过三十日时,本公司有权视具体情况以公开拍卖或以其他

本公司认为合适的方式及条 出售该拍卖品,处置所得在扣

除本公司垫付的保管费、保险费、搬运费、公证费及本公司

因处置该拍卖品而产生之全部费用后,若有余款,则余款由

委托人自行取回。

第五十三条:保密责任 本公司根据中华人民共和国法律和本规则为委托人、竞买人

及买受人保守秘密。

第五十四条:鉴定权 本公司认为需要时,可以对拍卖品进行鉴定,鉴定费用由委

托人承担。鉴定结论与委托拍卖合同载明的拍卖品的状况不

符的,本公司有权变更或者解除委托拍卖合同,且无需承担

任何责任。

第五十五条:著作权 本公司有权自行对委托人委托本公司拍卖的任何物品制作照

片、图示、图录或其他形式的影像制品,并依法享有上述照

片、图示、图录或其他形式的影像制品的著作权,有权对其

依法加以使用。

第五十六条:责任免除

本公司对委托人或买受人的任何违约行为不承担责任。

第五十七条:关于通知 竞买人及委托人均应将其固定有效的联络地址和联络方式告

知本公司,若有改变,应立即书面告知本公司。本规则中所

提及之通知,仅指以邮 信函或传真形式发出的书面通知。

如以邮 信函形式发出,则信函交付邮 部门之日起,就表

明公司已发出该通知,同时应视为收 人已按正常邮递程序

收到该通知。如以传真方式发出,则传真发送当日为收 人

收到该通知的日期。

第五十八条:条款可分割性

如本规则之任何条款或部分因任何理由被中国 府有关机构

认定无效、不合法或不可强制执行,本规则其他条款或部分

仍然有效,相关各方必须遵守、执行。

第五十九条:争议解决 因依照本规则参加本公司拍卖活动而发生的任何争议,相关

各方应向中国法院提起诉讼或提请中国仲裁机构予以仲裁。

第六十条:语言文本 本规则以中文为准,英文文本仅供参考,不具有法律效力。

中英文如有任何不一致的地方,以中文本为准。

第六十一条:版权所有 本规则版权归本公司所有。

第六十 条:单数词语与复数词语 在本规则条款中,根据上下文的需要,单数词语和复数词语

所指可能相同。

第六十三条:修改权 本规则如有修改,本公司将依法以本公司认为合适的方式公

示,本公司有权不予另行单独通知。

第六十四条:施行时间

本规则于2007年12月20日起施行。

第六十五条:投诉举报

本次拍卖会如有违反拍卖法的情况,致使您的权利遭受侵

害,可以向上海工商行 管理机关(0086-21-54236686)投诉举报。

第六十六条:解释权 本规则的解释权属于泓盛拍卖有限公司

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Chapter I General Provisions Article 1 Governing Law This Conditions of Business (hereinafter referred to as the "Conditions") are made in accordance with the Auction Law of People's Republic of China, other relevant laws and regulations with reference to international auction business practices.

Article e nitions and Interpretation The terms used in these conditions and other documents of our company shall have the following meanings: (1) "Our Company/We/us/Auctioneer" means Shanghai Hosane Auction Co., Ltd.. (2) "the Bidder" means a natural person, legal person or any other organization that has gone through necessary formalities and has full capacity of civil rights to bid at auction according to provisions of Chinese laws. The Bidder shall satisfy the requirements of any provision set by Chinese Laws. In these Conditions, the Bidder shall include any of its agents unless otherwise provided there under or in a particular context. (3) "the Buyer" means the person who offers the highest bid accepted by the Auctioneer. (4) "the Consignor" means a natural person, legal person or any other organization who consigns Lots to us for auction in accordance with this Conditions. The Consignor shall include any of its agents unless otherwise provided there under or in a particular context(5) "Lot" means any item(s) deposited with us for sale at auction.(6) "Auction Date" means the published date on which the auction will formally begin. In the case of any discrepancy between the actual date of auction and the published date, the actual date of auction shall prevail. ( ) "Sale Date" means the date on which the auctioneer con rms the sale of any Lot by striking his hammer or in any other openly showed manners. (8) "Hammer Price" means the amount of the highest bid accepted by the auctioneer in relation to a Lot. (9) "Proceeds of Sale" means the net amount owed to the Consignor, which includes Hammer Prices less commission pro rata, all expenses and other amount owed to us by the Consignor. (10) "Purchase Price" means the total amount payable by Buyer for its bid, including Hammer Price, commission and other expenses payable by Buyer as well as the charges caused by Buyer's defaults. (11) "Expenses" means charges and expenses including but not limited to expenses with respect to Lot insurance, catalogue and other advertisement, package, transportation and storage and any other expenses pursuant to relevant laws, regulations and provisions hereof. (12) "Reserve" means the price below which we agree with the Consignor in writing that the Lot cannot be sold. (13) "Reference Price" means the price of the Lot provided in the catalogue or other descriptive materials and estimated prior to the Auction. Subject to possible changes from time to time, the Reference Price can not be deemed as the xed sale price. The reference price is for the reference only and has no legal binding effect.

Article 3 InurementWe organize auction pursuant to Chinese laws, regulations and policies. This Conditions shall inure to the benefit of and be binding upon the Consignor, Bidder, Buyer and any other concerned parties participating in the auction held by us.

Article 4 Special Notice When the auctioneer con rms the highest bid by striking his/her hammer or in any other openly showed manners, the Bidder with the highest bid shall be the Buyer of the Lot and the sale contract concerning the Lot between the Consignor and the Buyer shall come into effect immediately. Any legal effect accrued thereupon shall be born by the Consignor and the Buyer respectively. These conditions are the terms on which we contract, as the Auctioneer, with the Consignor and with the Buyer as well as the terms on which the Consignor and the Buyer conclude a contract concerning the Lot. Therefore, any Consignor, Bidder, Buyer and other concerned parties participating in the auction should read the Conditions carefully and conform to the provisions hereof. All parties shall be liable for its own actions at auction and any loss caused by failure to read the Conditions carefully.

Article 5 Exclusion of Liability We shall undertake no guarantee for the authenticity and/or quality of any Lot. The Bidder and/or its agent shall bear the responsibility of carrying out its own inspection and investigations as to the nature of the Lot and shall be liable for its bid.

Chapter II Conditions Mainly Concerning the Consignor Article 6 Consignment Procedures When arranging for consignment, the Consignor shall hold a valid identity card or passport or other certificates approved by the Chinese government in the case of the Consignor being a natural

person. A valid certi cate of registration, ID of legal representative or other legal authorization documents is required in the case of the Consignor being a legal entity or other organization, and sign a consignment contract with us. When the Consignor arranges for consignment, we shall be automatically authorized to make pictures, illustrations, catalogue, or other video images of the Lot. Our company shall have the copyright on all of such pictures, illustrations, catalogue and other video images.

Article 7 The Consignor's Agent When arranging for consignment, the Consignor's Agent shall submit to us a relevant authorization letter and hold a valid identity card or passport or other certificates approved by the Chinese government in the case of a natural person. A valid certi cate of registration, ID of legal representative or other legal authorization documents is required in the case of a legal person or other organization. We reserve the right to examine and amend the above arrangement in any manner we consider reasonable.

Article 8 The Consignor's Warranties The Consignor hereby makes irrevocable warranties as follows to us and the Buyer with respect to the consigned Lot: (1) the Consignor has exclusive and absolute ownership and legal right to dispose of the Lot. Without prejudice to any legal interest (including copyright) of any third party, the auction of the Lot shall not violate any relevant law and regulation; (2) the Consignor has, to the best of its knowledge, made a full, complete and truthful disclosure and described to us with respect to the origin and any aw or defect of the Lot without any concealment and fabrication; and (3) the Consignor shall indemnify and hold us and/or the Buyer from and against any claims, losses and damages or actions incurred or brought by the actual owner or any third party who claims to be the actual owner of the Lot and all expenses and costs incurred in connection therewith arising out of or in any way attributable to any breach of the above warranties.

Article 9 Reserve All Lots are offered subject to a Reserve, unless otherwise agreed by the Consignor and us. The Reserve shall be determined by the Consignor and us in writing and no modi cation or amendment of the Reserve shall be binding upon the parties unless subject to prior written consent of the other party.

In no circumstances, shall we accept any liability for failure in sale due to bidding lower than the Reserve at the auction.

Article 10 Our Discretion We may decide the followings at our absolute discretion: (1) explanation and appraisal of any Lot made by the catalogue of Lot and/or news media and/or in other ways; (2) the arrangement of the order, location, page size of illustration of the Lot in Catalogue and relevant expenses incurred therefore; specific means of exhibition/display of the Lot and all relevant arrangement and expenses incurred therefore. (3) Unless otherwise agreed by the Consignor and us, we shall at our own discretion decide on whether the Lot is appropriate to be auctioned by us as well as the place of auction, the date of auc-tion, the conditions of auction and the way of auction.

Article 11 Unauctionable Lot After the Consignor has signed the sales contract with and de-livered the Lot to us, if for any reason we believe that the Lot is not suitable for auction, the Consignor must collect the Lot within 30 days from the date of our notice being dispatched (fees for the packaging and handling shall be paid by the Consignor), the contract between the Consignor and us will cease on the date the Consignor collects the Lot. In the case that the Consignor fails to collect the lot within the aforesaid period, our Company is entitled either to escrow the lot with a notary of ce or to dispose of the lot by any means that our Company considers appropriate. The Con-signor shall bear all costs and expenses caused by such disposal.

Article 12 Suspension of Auction We may suspend any auction at any time under any one of the following situations and are entitled to request the Consignor to bear corresponding legal responsibilities: (1) we have objection to the ownership and authenticity of the Lot; (2) any third party has objection to the ownership and authenticity of the Lot with undertakings to provide relevant evidence, make security pursuant to our provisions and take all legal responsibil-ities for all legal repercussions and losses due to suspension of auction; (3) we have objection to the explanation of the Consignor or the accuracy regarding the Consignor's warranty provided in Article 8; (4) we have any evidence to prove the Consignor has already violated or is to violate any term of this Conditions; and (5) any other reasonable causes.

Article 13 Withdrawal of Lots by Consignor The Consignor may withdraw the Lot at any time prior to the Auction Date subject to our consent and a written notice stating the reasons. In the case that the catalogue or any other advertise-

CONDITIONS OF BUSINESS

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ments of the Lot have begun to print upon the Consignor’s with-drawal, the Consignor shall pay an amount equal to 20% of the Reserve of the Lot (if no Reserve, the agreed insurance amount shall be applicable) and other Expenses in connection therewith. In the case that the catalogue or other advertisement has not been printed, the Consignor shall pay an amount equal to 10% of the Reserve of the Lot (if no Reserve, the agreed insurance amount shall be applicable) and other related Expenses.No dispute or claim arising out of the Consignor's withdrawal shall be born by auctioneer.

Article 14 Insured Automatically Unless otherwise instructed by the Consignor in writing, all the Lots will be automatically covered under the insurance of our company as soon as the Consignor signs the consignment contract with us and delivers the Lot to us. The insurance pre-mium shall be borne by the Consignor. The insured value shall be based on the Reserve agreed by the Consignor and us in the consignment contract (if no Reserve, the insured value is the one agreed by both parties; if the Reserve is adjusted, the insured value shall be the original Reserve). The insured value is only subject to insurance and claim other than our warranty or security for the value of the Lot and the Hammer Price of the Lot.

Article 15 Insurance Premium Unless otherwise agreed by the Consignor and us, the Consignor shall pay the insurance premium equal to 1% of the Hammer Price of the Lot after sale. In the case that the Lot fails to sell, the insurance fee payable by the Consignor shall be 1% of the Reserve (if no Reserve, the agreed insurance amount shall be applicable).

Article 16 Insurance Period In the case that the auction of the Lot succeeds, the insurance period shall terminate on the earlier of expiry of seven days after Sale Date and the date when the Buyer collects the Lot. In the case that the auction fails, the insurance period shall terminate upon the expiry of seven days after the Consignor has received our notice to take back the Lot.

Article 17 Insurance by Consignor In the event that the Consignor noti es us not to arrange insur-ance for the Lot in writing, it shall undertake to bear all the risks and the following liabilities (unless otherwise judged by court or arbitration commission): (1) to indemnify us from and against any claims or actions in-

curred or brought by any third party with respect to the losses or damages of the Lot;

(2) to hold us and/or any other parties from and against any loss-es and expenses in relation to the damages and/or losses of the Lot caused by any reason; and

(3) to notify the terms of indemnity hereunder to any insurer of the Lot.

Article 18 Uninsured We will not be liable for the damages or losses of the Lot caused by the Consignor, the Bidder, the Buyer, natural wear, inherent flaws, inherent or potential defects, inherent material changes, self-combustion, self-warming, oxidation, rust, leakage, rat-bite, woodworm, changes in atmospheric (climate, temperature or humidity) conditions, changes in normal water level, or other rea-sons of natural changes and caused by earthquake, tsunami, war, actions similar to war, hostile actions, armed con icts, terrorism, rebellion, coup, strike, riots, or nuclear ssion, nuclear fusion, nu-clear weapon, nuclear radiation, or radioactive pollution. We will also not take responsibility for any damages to or any losses of frames, glass, drawer, bottom mat, trestle, mounting, insert pages, roller or other similar accessories caused by any reason.

Article 19 Insurance Indemnity and RepairAny damages or losses of the Lot caused by incidents or disasters covered by insurance we purchased for the Lot shall be handled in accordance with the contract between us and the insurance company and Chinese laws and regulations regarding insurance. We shall pay insurance indemnities less all expenses incurred by us (except for commissions) to the Consignor after we obtain such indemnities from insurance company. In no circumstance shall we be responsible for any repair or damages occurred before the delivery of lot from the Consignor to us.

Article 20 Non-Bidding The Consignor shall not bid for the Lot consigned to us by itself, nor authorize any other person to bid on its behalf. The Consignor shall be liable for and indemnify us for any losses and damages caused by violation of this provision.

Article 21 Commission and Expenses Unless otherwise agreed upon by the Consignor and us, the Con-signor shall authorize us to deduct 10% of the Hammer Price as commission and any other Expenses from the Hammer Price. Nevertheless we act as the agent of the Consignor, the Consignor agree that we may be entitled to the Buyer's remuneration and other Expenses payable by the Buyer in accordance with provi-sions in Article 48 hereof.

Article 22 Service Fee for Unsold Lot In the case that the auction of the Lot fails to be sold because the bidding price is lower than the Reserve, our Company will charge the Consignor a service fee of unsuccessful auction equal to 3% of the Reserve and other expenses payable by the Consignor, including but not limited to insurance premium, advertising fee, catalog fee and storage fee.

Article 23 Payment Proceeds of Sale In the case that the Buyer makes full payment to us in accordance with provisions in Article 48 hereof, we shall pay the Proceeds of Sale to the Consignor in RMB after 35 days since the Sale Date.

Article 24 Deferred Payment If full payment by the Buyer is not received by the expiration of the payment period under ARTICLE 44 thereof, the Buyer shall bear all legal responsibilities caused by such deferred payment. Our company will pay the Sales Proceeds to the Consignor within seven (7) business days (meanwhile such payment shall be made after 35 days of the Sale Date as well) after receiving the full pay-ment from the Buyer.

Article 25 Cancellation In the event that the Buyer not making full payment to us within 30 days from Sale Date, the Consignor is authorized to cancel the transaction after giving us a notice in writing and receiving prior approval from us. A cancellation notice is to be dispatched to the Buyer within seven (7) working days after such decision approving the cancellation is made by us. In the event that the Buyer make full payment and/or nish collect procedure before the service of the cancellation notice of the Consignor to us, such notice should be deemed to be terminated automatically, and the transaction is to be carried out in accordance with regulations stipulated in Article 24, on which the Consignor should cooperate with us and under no circumstance to raise any objection. In the event that the Consignor cancel the transaction, the Consignor must collect the Lot within 30 days from the date of our notice being dispatched (fees for the packaging and handling shall be paid by the Con-signor). In the event that the Consignor fails to collect the Lot within the aforesaid period, we shall be entitled to escrow the Lot with a notary of ce or to dispose of the lot by any means that our company considers appropriate.

Article 26 Taxes The Consignor shall be solely responsible for paying any tax im-posed on its Sale Proceeds in accordance with the relevant law. We are entitled to deduct the tax from Sale Proceeds directly in accordance with the relevant taxation law of the nation and dis-trict.

Article 27 Assistance in Collecting Deferred Payments In the event the Buyer fails to make full payment to us within sev-en days of the Sale Date, we are entitled to recover the remunera-tion and other Expenses payable by the Buyer in accordance with provisions in Article 51 hereof and to take necessary measures to assist the Consignor in collecting deferred payments upon the Consignor's request as soon as practicable. However, we shall have no obligation to sue the Buyer on behalf of the Consignor in any circumstances.

Article 28 Our Discretion We may determine the following matters, as the case maybe, upon authorization of the Consignor (at the Consignor's expense): (1) to agree special terms on how to make the payment of Pur-chase Price; (2) to remove, store and arrange insurance for sold Lot; (3) to settle claims brought by the Buyer or the Consignor in ac-cordance with relevant terms and conditions hereof; (4) take other necessary steps to collect the deferred payment by the Buyer to the Consignor.

Article 29 Unsold Lot In the event that the Lot is not sold in its rst offering, the Con-signor shall take back the Lot within 30 days after receipt of our notice (packing and shipping at the Consignor's own expense) and pay us fees for failed auction and all other expenses. If the Consignor fails to do so, we reserve the right to resell the Lot by public auction or in other ways under the conditions we consider appropriate and pay to the Consignor the Sale Proceeds, after having deducted the all agreed upon fees and other expenses accrued in the rst auction and all costs incur in the resale of the Lot.

Article 30 Risks and Losses The Consignor shall take liability for any risk and /or loss occurred after the period mentioned above in case of failure in taking back the Lot in such period. In the case that the Consignor requires us to assist in returning the Lot, the Consignor shall be liable for all risks and/or all losses, bear all the expenses. Generally, we are not responsible for arrangement of transportation insurance un-less the Consignor speci cally instructs us to do so and bears the insurance premium.

Chapter III Conditions Mainly Concerning the Bidder and the Buyer Article 31 Catalogue of Lot We will prepare a catalogue to introduce the status of the Lot with words and/or pictures for the convenience of Bidders and Con-signors. The words, Reference Price, pictures of the catalogue and other images and advertisements are only for reference for Bidders and are subject to revision before auction. We provide no guarantee for the authenticity, value, tone, quality and aw or defect of any Lot.

Article 32 Uncertainty of Catalogue In case that the tone, color, graduation and shape shown in cat-alogue and/or any other illustrations, images and advertisements differ from those of the original of the Lot due to print, photograph and other technical reasons, the original shall apply. Any statement and appraisal in any ways (including but not lim-ited to the certi cate, catalogue, slide show, news media) of any Lot made by us and our employees or their agents are only for reference and should not relied on as any guarantee for the Lot. We and our employees or its agents shall undertake no liability for any inaccuracy and omission in the statements and appraisal mentioned above.

Article 33 Inspection by Bidder We hold no responsibility for guaranteeing the authenticity and/or quality of a Lot. It is the responsibility of the Bidder and/or its agents to personally inspect and investigate the actual status regarding the Lot. The Bidder shall judge the Lot themselves in addition to the catalogue, other images, and advertisements of the Lot issued.

Article 34 Registration of Bidders The Bidder shall register and receive a paddle af xed with num-ber before the Auction Date with a valid identity card, or passport or other certi cates approved by the People’s Republic of China in the case of a natural person, or a valid certi cate of registration, ID of legal representative or other legal authorization certi cates in the case of a legal entity or other organization, otherwise it will not be deemed as a legal Bidder. The paddle af xed with number is the only evidence of the Bid-der’s participation in bid. Each Bidder shall take good care of his or her paddle af xed with number and may not lend it to any third person. In case of losing such paddle, the Bidder shall go through the procedure for report of losing in the form of writing agreed by the Company. The person holding the paddle is deemed to be the registered owner of the paddle, whatever he/or she is entrusted by the Bid-der or not. The Bidder shall be liable for using his or her paddle bid in the auction process, unless the Bidder goes through the procedure for report of losing in the form of writing agreed by our Company and such paddle af xed number has been cancelled by the auctioneer’s announcement in the auction process.

Article 35 Deposit We will charge a deposit before the Bidder receives bidding number. The amount of deposit will be announced before Auction Date. We will refund all the deposit mentioned above with no in-terest to the Bidder within ve business days after auction in case it fails in auction. In the event that the Bidder succeeds at auction, the deposit will be taken as part of Purchase Price payable by the Buyer and the balance (if any) will be refunded with no interest at collection.

Article 36 Our Option We may forbid any one from participating in auction, taking a pic-ture , making sound recording or making a video recording during auction.

Article 37 Abnormal Events In case of any abnormal events at auction, we may take neces-sary actions. In case of any dispute at auction, we have rights to mediate and settle.

Article 38 Bidding as Principal Any person who bids shall be deemed as principal, unless the Bidder represents to us a written certi cate showing that it is the agent of a principal and subject to our approval in written before Auction Date.

Article 39 Auctioneer's Discretion The auctioneer is entitled to represent us to increase or decrease the bidding ladder, refuse any bidding, or restart auction in case any dispute arises.

Article 40 Screen of Video Images At some auctions, there will be a video screen or other screens in operation for the convenience of Bidders, which is only for reference. However, there are maybe errors in amounts, numbers or pictures of the Lot, or foreign exchange rate on the screen. We shall not be liable for any losses and damages caused by such errors.

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Article 41 Successful Bid When the highest bidding is con rmed by striking the auctioneer's hammer or in other openly showed manners, the Bidder with the highest bidding succeeds in the bid and the sale contract of the Lot between the Buyer and the Consignor is concluded.

Article 42 Auction Record We will prepare a written record of the auction signed by the auctioneer and the recorder. In case of conclusion of auction, the buyer shall also sign the record.At the auction, the Buyer shall sign the written record showing the successful bid after the highest bid is con rmed the Auctioneer.

Article 43 Remuneration and Expenses The Bidder will be deemed the Buyer of the Lot after succeeding in bidding and shall pay us a remuneration equal to 15% of Ham-mer Price and other Expenses.

Article 44 Payment The Buyer shall make full payments in a lump sum and collect the Lot (package and transportation at the Buyer's expense) within seven (7) days after the Sale Date; otherwise, the Buyer shall be liable for breach of contract.

Article 45 Currency All payments shall be made in the currency, Chinese RMB, as designated by our Company. In the event that the Buyer wishes to make payment in a currency other than Chinese RMB, the buyer shall inform our Company in advance, and the currency shall be converted by our Financial Department at the rate announced by the bank of deposit. The Buyer shall reimburse our Company for any bank charges, commission, and other expenses incurred while converting a foreign currency into Chinese RMB.

Article 46 Passing of Title The Buyer will acquire ownership of the Lot after having paid full Purchase Price.

Article 47 Transfer of Risks After a successful bid, any Lot purchased shall be entirely at Buy-er's risk as early as one of the following appears: (1) the Buyer collects the Lot purchased; or (2) the Buyer pays to us full Purchase Price for the Lot; or (3) expiry of seven days after Sale Date.

Article 48 Collection The Buyer shall collect the purchased Lot at our company’s domi-cile or other place appointed by us no later than seven days after Sale Date. In case of failure to do so, the Buyer shall be solely re-sponsible for all risks and losses of the Lot and bear all expenses for transportation, storage and insurance in connection therewith due to delay. Nevertheless the Lot is still preserved by us or any other agents, we and our employees or its agents shall not be lia-ble for any losses and damages of the Lot caused by any reason.

Article 49 Package and Transportation We may arrange packing and handling of the purchased Lot on behalf of the Buyer as the case maybe on its request and the Buyer shall be liable for any loss arising thereupon. In no circum-stances shall we take any liability for any damages or losses of glass, frames, drawer, bottom mat, trestle, mounting, insert pag-es, roller or other similar accessories arising out of any reason. In addition, we shall undertake no liability for any fault, omissions, damages and losses caused by the packers or carriers we recom-mended.

Article 50 Export of Lot We will make explanation in the catalogue or at the auction to the Lot prohibited to be exported pursuant to the Protection Law of Cultural Relic of the People's Republic of China and other relevant laws and regulations. The Buyer shall be responsible for applying for export license in accordance with Chinese laws for the Lot permitted to be export-ed pursuant to the Protection Law of Cultural Relic of the People's Republic of China and other relevant laws and regulations.

Article 51 Remedies for Non-payment In the case that the Buyer fails to make full payment within the pe-riod provided in Article 44 hereof, we shall be entitled to exercise one or more of the following remedies: (1) not to refund the deposit and the ownership of the deposit shall transfer to our Company, if the Buyer fails to make full pay-ment within the stipulated period and the Buyer shall undertake any liability that may occur in accordance with this Conditions. In the event that the Buyer fails to pay any one purchase price of the lot on time according to the Conditions after successful bidding on seeral lot with the same one paddle af xed with number, all of the deposit shall not be refunded. In the event that the deposit is insufficient to cover all losses suffered by our Company, the Buyer shall make further compensation for the balance between the deposit and the actual losses suffered by our Company ; (2) If following a successful bid the Buyer fails to pay us the purchase price in full according to Article 44 of these Conditions of Busi-ness, we shall have the right to provide all or part of the data or information about the Buyer to any third party in cooperation with

us for purposes of entrusting such third party to collect all or part of the default payment from the Buyer; (3) charge the Buyer an interest rate of 0.1% per day on the due and unpaid amount until such payment is made in full, to the ex-tent it remains unpaid for more than seven (7) days after the Date of Sale, unless otherwise agreed upon by both the Buyer and us. (4) commence lawsuit proceedings against the Buyer for any damages caused by the Buyer's breach of contract, including but not limited to the losses of interest on deferred or unpaid payment by the Buyer. (5) exercise a lien on the purchased Lot or other properties of the Buyer which may be in our possession for any reason. The Buyer is responsible for all expenses or risks occurred during the period of lien. In case the Buyer fails to perform all relevant obligations hereunder within the period we designated, we shall have the right to dispose of such property in accordance with relevant laws and regulations. In case the proceeds cannot cover the amount outstanding, we are entitled to claim for the balance; (6) in the event that the Buyer not making full payment to us with-in 35 days from Sale Date, to cancel or approve the Consignor to cancel the sale of the Lot and/or other Lots sold to the same Buyer at this auction or any other auctions and reserve the right to claim for any losses caused by such cancellation. (7) carry out a re-sale of the Lot by public auction or other ways according to this Conditions subject to the consent of the Con-signor. The original Buyer shall be liable to the Consignor for the remuneration/commission and other Expenses occurred at such auction as well as all Expenses for re-sale by public auctions or other ways. In addition, the original Buyer shall also be liable for the difference, if the Purchase Price actually received by the Consignor for re-sale by public auctions or other ways of such Lot is lower than the original Purchase Price that would have been receivable hereunder had the Buyer made the full payments.

Article 52 Remedies for Deferred CollectionIn case the Buyer fails to collect the purchased Lot within the pe-riod provided in Article 44 hereof, we shall be entitled to exercise one or more of the following remedies: (1) arrange storage of the Lot at our company or any other places at Buyer's risk and expense. The Buyer shall not collect the Lot unless the full Purchase Price is paid (package and transportation at the Buyer's expense); (2) exercise a lien on the purchased Lot. After 30 days from the delayed collection by the Buyer, we may, as the case maybe, dispose of such Lot in accordance with relevant laws and regula-tions and apply the proceeds to compensate for the amount out-standing owed to us including but not limited to fees of storage, insurance, transportation, notarization and all expenses occurred in relation to disposal of the Lot. The Buyer should collect the bal-ance (if any) at its own expenses.

Chapter IV Miscellaneous Article 53 Con dentiality We shall be obligated to maintain the con dentiality of any infor-mation provided to us, and indemnify all legal rights of Consignor, Bidder, Buyer and our company against any damages according to the relevant laws and regulations of the People's Republic of China.

Article 54 Identi cation We may identify the Lot if necessary, as the case maybe, at our own discretion. All expenses in with respect to the identi cation shall be borne by the Consignor. In case of any discrepancy with respect to the status of such Lot between the identi cation and the consignment contract, we shall be entitled to modify or rescind the consignment contract without bearing any responsibilities.

Article 55 Copyright We shall be entitled to take photographs, make illustrations, catalogue or other images relating to the Lot consigned to us for auction and shall have the copyright for such photographs, illus-trations, catalogue or other images mentioned above.

Article 56 Exemption We shall undertake no liability for any breach of contract by the Buyer or the Consignor.

Article 57 Notice in Written Both the Bidder and Consignor shall notify us their valid and reg-ular contacting address and . No change in any of the particulars will be effective until it has been noti ed in writing as soon as pos-sible. All notices referred in this agreement shall be in writing and shall be delivered by post or transmitted by fax. A notice sent by post shall be deemed to have been sent on the date we give it to post of ce and received by the addressee via normal mail service. A notice sent by fax, shall be deemed to be received on the date when it is faxed.

Article 58 SeverabilityIf any provision or part of this Conditions is deemed invalid, un-lawful or unenforceable by a competent agency of Chinese gov-ernment, this Conditions shall be ineffective to the extent of such unlawfulness or unenforceability without invalidating or affecting the validity or enforceability of the remaining provisions of this

Conditions.

Article 59 Settlement of DisputesIf any dispute arises from participation in the auction pursuant to this Conditions, all concerned parties shall submit such dispute to a Chinese court or of the place where our Company domiciles.

Article 60 LanguageThis Conditions is written in Chinese and English. The English version is only for reference and is not legally valid. In case of any discrepancy between the Chinese version and English version, the Chinese version shall prevail.

Article 61 Copyright of these ConditionsWe have the copyright of these Conditions.

Article 62 Singular and PluralIn the provisions of this Conditions, the singular includes the plural and vice versa where the context requires.

Article 63 Right to alternationIn case of any alternation to this Condition, our Company has the right to publish the altered version in any way the laws permit. We will not inform each individual who has read the former versions of conditions.

Article 64 Date of EffectivenessThis Conditions of Business takes effect on December 20, 2007.

Article 65 Contact InformationAs for this auction, if you have any complaints, you can report to Commercial and Adminstative Authorities of Shanghai (0086-21-54236686).

Article 66 Right to InterpretWithin the permission by laws, our Company has the right to inter-pret these Conditions at our own discretion.

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竞买人因故无法参加现场竞投,兹委托代理人就表列编号拍卖品按不高于表列

委托价格的价格(如写明)代为竞投,并作如下承诺:

一、上海泓盛拍卖有限公司对拍卖标的的真伪及/或品质不承担瑕疵担保责任。 、若竞投成功,竞买人须自拍卖成交日起七日内向上海泓盛拍卖有限公司

(以下简称“本公司”)一次性支付成交价及相当于落槌价百分之十五的酬金

及其他各项费用,并领取拍卖品(包装及搬运等费用自理);

三、为使得出价得以接受而不延误,竞买人须不迟于拍卖日前 十四小时向本

公司出具本授权书,并同时缴纳拍卖保证金。如在规定时间内本公司尚未收到

保证金或汇款凭证传真,恕不接受竞买人及/或其代理人参加现场拍卖;四、竞买人承诺本人及代理人已仔细阅读并愿意遵守本公司印在本图录上的

《拍卖规则》之各项条款。

代理人: ___________________ 竞买人:___________________

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Page 213: 上海泓盛2014春“葆真堂”旧藏专场

ABSENTEE BID FORMConsignor’s Name _______________________________________ ID/Passport No._________________________________________ Address________________________________________________ City____________ State ____________ Zip Code_____________Telephone/Home_____________ Business___________________ Phone______________________ Date______________________Fax_________________ Email____________________________

Agent’s Name _________________________________________ ID/Passport No._________________________________________ Address_______________________________________________ City____________ State ____________ Zip Code_____________Telephone/Home_____________ Business___________________ Phone______________________ Date______________________Fax_________________ Email___________________________

Title Description

RMB

RMB

RMB

RMB

RMB

RMB

RMB

RMB

RMB

Lot Number

Please bid on my behalf at the above sale for the following Lot(s) up to the price(s) mentioned below. 1.Shanghai Hosane Auctions Co., Ltd. assumes no liability for the au-thenticity and or uality or aws of any lot.2. If any bid is successful, I agree to pay a buyer’s premium on the ham-mer price at the rate of 15% and other expenses within 7 days after the sale. The package and delivery expenses are on me. 3. To secure the bidding, this form has to be delivered to the company 24 hours before the sale date. 4. I have read the Conditions of Business and notices printed in the sale catalogue and agree to be bound by them.

Consignor Signed ____________________________

Agent Signed ____________________________

Please check your bids carefully before sent. We do not take responsibility for any written error. If there are two or more identical highest bids, the priority will go to the earliest Absentee Bid Form we received.

Bid Price(disclusive of buyer’s premium)

PLEASE MAIL OR FAX TOShanghai Hosane Auction Co., Ltd5F, No.763 Meng Zi Road, Shanghai, ChinaTel: +86-21-23286888Fax: +86-21-53060053

Hosane’s Bank Account Account Name: Shanghai Hosane Auction Co., LTD.Account No.: 03389800040009551 Bank of Account: AGRICULTURAL BANK OF CHINA, SHANGHAI XUHUI SUB-BRANCH

Account Name: Shanghai Hosane Auction Co., LTD.Account No.: 121908653610701Bank of Account: CHINA MERCHANTS BANK, SHANGHAI XUJI AHUI SUB-BRANCH

Hosane 2014 Spring Auctions

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Page 215: 上海泓盛2014春“葆真堂”旧藏专场

泓盛2014年春季拍卖会

预展: 2014年7月16日至拍卖前一日拍卖: 2014年7月18日-21日预展及拍卖地点:上海建国宾馆 (上海市漕溪北路439号)

预展: 2014年6月24日至拍卖前一日 拍卖: 2014年6月26日预展及拍卖地点:上海波特曼丽嘉酒店 (上海市南京西路1376号)

Page 216: 上海泓盛2014春“葆真堂”旧藏专场

14070220-1-硫酸纸.indd 1 14-7-8 下午5:10

Page 217: 上海泓盛2014春“葆真堂”旧藏专场

LOT 1160

LOT 1153

LOT 1162

LOT 1155

LOT 1149LOT 1561

LOT 1563 LOT 2006

LOT 1240 LOT 1336

LOT 2056

Page 218: 上海泓盛2014春“葆真堂”旧藏专场

Bao Zhen Tang Treasure Collection

200023 5/F, Tower 1, New Richport, No.763 Mengzi Road, Huangpu District Tel+86-21-23286888 Fax+86-21-53060053

WWW.HOSANE.COM

J u l y 1 8 , F r i d a y, 2 0 1 4 S h a n g h a i

Bao Zhen Tang Treasure C

ollection

B14071