金玉天珍－古代宣爐彝器藝術 Chinese Bronze Censers

金玉天珍 - 古代宣爐彝器藝術 A SPECIAL SELECTION OF CHINESE BRONZE CENSERS

SPRING AUCTION 2 JUNE, 2015 HONG KONG

I N T E R N A T I O N A L

A R T

G R O U P

IMPORTANT NOTICE TO BUYERS The auction will strictly abide by the rules and regulations set out by Ravenel Auction Hong Kong Ltd. Prior to participating in the auction, bidders are advised to read and understand the following regulations: 1. Interested parties must complete the registration procedures with valid personal identifications (i.e. Identification card, Passport, etc.). The completion of a registration form and the payment of a security deposit are required.

2. Security deposit in the amount of HK $100,000.

3. The security deposit must be transferred to Ravenel's specified Bank account prior to 26th May 2015, details as follow: Beneficiary's Name: Ravenel Auction Hong Kong Limited Beneficiary Bank's Name: Â The Hongkong and Shanghai Banking Corporation Limited Beneficiary Bank Address: 1 Queen's Road Central, Hong Kong SWIFT Code: HSBCHKHHHKH Beneficiary's Account No:Â 808-347959-292 (HKD) The bank should be notified that the transfer must be exactly the amount of security deposit. The payer will be responsible for any associated bank service fees.

4. After the 26th May 2015, parties interested in obtaining a paddle number must submit a cash security deposit during the Hong Kong previews (From 1st to 2nd, June 2015). Acceptance will cease on 2nd of June by noon (No other forms of payment will be accepted).

5. Telephone/written/ internet bids: In the event that the bidder chooses not to be present at venue on the day of the auction, the bidder may place a bid through means of a telephone, written or internet bid. A registration form must be completed and the security deposit transferred to Ravenel's specified Bank account before the 26th May 2015.

6. If the security deposit has been transferred prior to the 26th May 2015, suitable proof or documentation is required.

Once this information is verified, the payer will be contacted for details of his/her paddle number.

7. If the payment of the security deposit is made on the day of the auction, the payer may obtain his/her paddle number with valid personal identification (i.e. Identification Card, passport, etc.) for purposes of verification.

8. Return of the Security Deposit:

(1) Completed Transaction: For successful bidder with a security deposit made through wire transfer, the hammer price and buyer's premium will be deducted from the security deposit, any remaining value will be returned to the successful bidder within 14 business days through means of a wire transfer. For bidders with security deposit made

by Cash, the hammer price and buyer's premium will be deducted from the security deposit, any remaining value will be returned to the successful bidder on the same day after the auction for a cash refund.

(2) Nil Transaction: For individuals with a security deposit transferred by wire, the security deposit will be returned within 14 business days through means of a wire transfer. Cash security deposit will be returned to individuals on the same day after the auction.

9. Successful bidder must settle the payment (hammer price with buyer's premium) prior to receiving the lot(s) on site. If the price exceeds the amount of the security deposit, the successful bidder may settle the outstanding balance through the following means:

(1) A cash payment in HKD. (2) A credit or China UnionPay payment: The credit payment must not exceed HK$500,000. The holder of the credit card or China UnionPay must be the s uccessful bidder, credit payments from any title except for the successful bidder will not be permitted nor accepted.

10. Ravenel Auction Hong Kong Ltd. retains full discretion to accept or decline a payment in the event of any unforeseen disputes or discrepancies.

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Contact Person HONG KONG Vivi He vivihe@ravenel.com +852 2889 0859 ext.711 TAIPEI Masa Chen masachen@ravenel.com +886 2708 9868 ext.687

給予買家的重要通知

本拍賣會依據「羅芙奧香港拍賣有限公司拍賣規則」舉行，請在參加拍賣會之前仔細閱讀，充分理解以下 規則： 1.

有意參與競投的買家需事前辦理登記申請手續：請出示有效證件 ( 如：身份證明、護照…) 並填寫登記 文件以及繳納保證金。

2.

保證金 : 港幣拾萬元。

3.

保證金需於 2015 年 5 月 26 日以前完成匯款至本公司指定帳號如下 : Beneficiary's Name: Ravenel Auction Hong Kong Limited Beneficiary Bank's Name: The Hongkong and Shanghai Banking Corporation Limited Beneficiary Bank Address: 1 Queen's Road Central, Hong Kong SWIFT Code: HSBCHKHHHKH Beneficiary's Account No: 808-347959-292 (HKD) 匯款時請指示銀行本公司需實收保證金全額 , 銀行手續費請匯款人負擔。

4.

2015 年 5 月 26 日之後，若欲參與競投領取牌號者需於香港拍賣預展期間 (2015 年 6 月 1 日至 2 日 ) 以 港幣現鈔支付 ( 恕不接受除現金之外之其他繳納方式 )，收款將於 6 月 2 日中午 12 點截止。

5.

電話 書面 網路競投 : 競投者如不能出席拍賣會，可透過電話 書面 網路方式進行競投。登記申請 手續以及保證金之繳納亦需在 2015 年 5 月 26 日以前完成匯款至本公司指定帳號。

6.

如於 2015 年 5 月 26 日以前完成保證金匯款，請提供我方可證明已匯款的證明文件。確認收到保證金匯 款後，我們將與競投者聯繫並與之確認其競標牌號。

7.

拍賣當天已繳納保證金之競投者欲領取所登記的牌號時，請出示有效證件 ( 如：身份證明、護照…) 以 確認身份。

8.

保證金退還方式 : (1) 有成交 : 保證金以「匯款」方式完成者 , 扣除應支付予本公司之款項 ( 包含落槌價、佣金及其他費用 ) 後 , 若有餘額需退還，本公司將於拍賣日後十四個工作天內以匯款方式退還給買家。保證金以「現 金」方式完成者 , 扣除應支付予本公司之款項 ( 包含落槌價、佣金及其他費用 ) 後 , 若有餘額需退還， 本公司將於拍賣當日以現金退還給買家。 (2) 未成交 : 保證金以「匯款」方式完成者 , 本公司將於拍賣日後十四個工作天內以匯款方式退還給買家。 保證金以「現金」方式完成者 , 本公司將於拍賣當日以現金退還給買家。

9.

若成功得標買方欲現場取貨，買方之應付款項 ( 落槌價與佣金 ) 金額超過保證金金額時，買方得以下列 方式結清帳款 : (1) 港幣現鈔。 (2) 信用卡與銀聯卡 : 刷卡上限為港幣伍拾萬元。信用卡與銀聯卡持有人必需是買家本人 , 本公司不接受 他人之信用卡。

10. 羅芙奧香港拍賣有限公司有權在發生任何不可預見的糾紛或矛盾的狀況之下，對於接受或拒絕付款（包 含保證金）保留全部的決定權。

諮詢 香港 何

瑩

vivihe@ravenel.com +852 2889 0859 ext.711

台北 陳砥翰 masachen@ravenel.com +886 2708 9868 ext.687

RAVENEL SPRING AUCTION 2015 HONG KONG A Special Selection of Chinese Bronze Censers

羅芙奧香港 2015 春季拍賣會 金玉天珍 - 古代宣爐彝器藝術

AUCTION

拍賣日期 / 地點

Tuesday 2 June 2015, 6:00pm Renaissance Hong Kong Harbour View Hotel (Mezzanine Floor) 1 Harbour Road, Wanchai, Hong Kong

2015年06月02日（二） 下午 6:00

PREVIEWS

預展日期 / 地點

Taipei

台北

香港萬麗海景酒店閣樓 香港灣仔港灣道1號

Saturday, 9 May 2015, 10:00am - 6:00pm Sunday, 10 May 2015, 10:00am - 6:00pm Fubon National Conference Centre B2, No.108, Sec. 1, Dunhua South Road, Taipei, Taiwan

2015年05月09日（六） 上午10:00至下午6:00 2015年05月10日（日） 上午10:00至下午6:00 富邦人壽大樓國際會議中心 台北市敦化南路一段108號B2

Hong Kong

香港 2015年06月01日（一） 下午2:00至下午8:00 2015年06月02日（二） 上午10:00至下午12:00 香港萬麗海酒店閣樓 香港灣仔港灣道1號

Monday, 1 June 2015, 2:00pm - 8:00pm Tuesday, 2 June 2015, 10:00am - 12:00pm Renaissance Hong Kong Harbour View Hotel (Mezzanine Floor) 1 Harbour Road, Wanchai, Hong Kong

As requested by the Buyer, we are delighted to offer the condition reports of all the auction items, provided, however, such items will be sold “as is”. In addition, the Buyer is requested to take note of the transaction agreement and the explanations of the provisions regarding the notice of noguarantee. This auction catalogue: HK$ 300 per copy |

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Arthur WANG 王鎮華

Chairman 董事長

Clara KUO 郭倩如

Vice Chairman 副董事長

Lorries CHANG 張增偉

C.E.O. 執行長

陳啟正 James Chen 古文物部 總監 Head of Chinese Works of Art Department

陳砥翰 Masa Chen

吳博峯 Tommy Wu

專家

總務處 協理 營運部 Senior Manager, General Affairs Operation Department

Specialist

林恒如 Nina Lin 行政助理 Assistant

何瑩 Vivi He 業務發展部 總監 Head of Business Development Department

RAVENEL STAFF AND SERVICES FOR THIS SALE

CONSULTANTS

CATALOGUE SUBSCRIPTION

COLLECTION AND SHIPPING

Head of Chinese Works of Art Dept James Chen

Taiwan

Taiwan

Nina Lin Tel: +886 2 2708 9868 ext.388 Email: ninalin@ravenel.com

Nina Lin Tel: +886 2 2708 9868 ext.388 Email: ninalin@ravenel.com

Hong Kong, International

Hong Kong, International

Aly Choi Tel: +852 2889 0859 ext.763 Email: alychoi@ravenel.com

Aly Choi Tel: +852 2889 0859 ext.763 Email: alychoi@ravenel.com

Beijing

China

Walter Zhu Tel: +86 10 8587 8099 ext. 23 Email: yizhu@ravenel.com

Jason Dong Tel: +86 10 8587 8099 ext.22 Email: jasondong@ravenel.com

Tel: +886 2 2708 9868 ext. 381 Email: jameschen@ravenel.com Specialist Masa Chen Tel: +886 2 2708 9868 ext. 687 Email: masachen@ravenel.com

PHONE BIDS AND WRITTEN BIDS Taiwan Masa Chen Tel: +886 2 2708 9868 ext. 687 Email: masachen@ravenel.com

Hong Kong, International Vivi He Tel: +852 2889 0859 ext. 711 Email: vivihe@ravenel.com

Beijing Walter Zhu Tel: +86 10 8587 8099 ext. 23 Email: yizhu@ravenel.com

Shanghai Xiu Lee Tel: +86 21 2411 9575 Email: xiulee@ravenel.com Remarks: If you are unable to attend the auction in person, you may tender the bid by phone or you may use the absentee bid forms attached at the back of the auction catalogue to tender your bid. It is also possible to bid online for selected lots. Please refer to ravenel.com for more information.

In view of the limited phone line services at the auction, please inform us 24 hours prior to the auction for arrangements. Particularly for those of you who need foreign language assistance of the bidding.

ONLINE BIDS Register at LiveAuctioneers www.liveauctioneers.com/sign-up

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Shanghai Xiu Lee Tel: +86 21 2411 9575 Email: xiulee@ravenel.com The catalogues are available for subscription.

For details of subscription, please refer to the explanations of the catalogue or contact the above persons.

Remarks: All the items auctioned may be collected upon receipt of payments. The Buyers are requested to arrange for collection as soon as possible to facilitate warehouse inventory circulation and centralize management. We accept personal and corporate checks, however collection may be made only when such checks are honored.

We apologize for no acceptance of traveler’s checks. Other items may be collected at the Ravenel Ltd. The business hours are 9:30 am to 6:30 pm, Monday to Friday.

Our professional administration department may make recommendations of arrangement or the most appropriate transportation for you.

Ravenel is glad to provide you with the condition report of any of the items at the auction, however, the buyers must note that all the items at the auction are sold “as is”. Please refer to the Transaction Agreement at the back of the catalogue. Please refer to the “Transaction Agreement to the Buyers”.

羅芙奧香港 2015 春季拍賣會服務部門及連絡人

諮詢專家

目錄訂閱

取貨及運輸事宜

陳啟正 電話：+886 2 2708 9868 轉 381 電子信箱：jameschen@ravenel.com

台灣

台灣

林恒如 電話：+886 2 2708 9868 轉388 電子信箱：ninalin@ravenel.com

林恒如 電話：+886 2 2708 9868 轉388 電子信箱：ninalin@ravenel.com

香港．國際

香港．國際

蔡梓軒 電話：+852 2889 0859 轉 763 電子信箱：alychoi@ravenel.com

蔡梓軒 電話：+852 2889 0859 轉 763 電子信箱：alychoi@ravenel.com

北京

中國

朱毅 電話：+86 10 8587 8099 轉23 電子信箱：yizhu@ravenel.com

董戈 電話：+86 10 8587 8099 轉22 電子信箱：jasondong@ravenel.com

陳砥翰 電話：+886 2 2708 9868 轉 687 電子信箱：masachen@ravenel.com

電話書面競標聯絡人 台灣 陳砥翰 電話：+886 2 2708 9868 轉 687 電子信箱：masachen@ravenel.com

上海 香港．國際 何瑩 電話：+852 2889 0859 轉 711 電子信箱：vivihe@ravenel.com

北京 朱毅 電話：+86 10 8587 8099 轉23 電子信箱：yizhu@ravenel.com

上海 李政希 電話：+86 21 2411 9575 電子信箱：xiulee@ravenel.com 註一：如您無法親臨拍賣現場，可以電話投 標方式競標；亦可利用附在此目錄後面之委 託競投表格；或可參與網上競投，詳情請洽 羅芙奧官方網頁。 註二：鑑於拍賣現場電話有限，欲以電話投 標方式競標的投標者，請於拍賣前24小時通 知我們為您安排，尤其對需用外國語言服務 之投標者。

網上競投 請前往 LiveAuctioneers 註冊 www.liveauctioneers.com/sign-up

李政希 電話：+86 21 2411 9575 電子信箱：xiulee@ravenel.com 本目錄開放各界訂閱，詳細訂閱辦法，請參 照目錄之說明或請洽上述聯絡人。

註一：所有拍品在貨款結清後，即可取貨； 買家請儘早通知安排取貨事宜，以利倉庫存 貨流通和集中安排辦理，本公司接受個人及 公司支票付款，惟需在兌現後始能提貨。恕 不接受旅行支票付款。其他各項貨品可在羅 芙奧辦公室提領，上班時間為週一至週五上 午9:30至下午6:30。 註二：我們的專業行政部門可為您建議或安 排最適當的運輸方式。 羅芙奧樂意提供您本次拍賣當中任何一項 拍品的狀況報告書，惟準買家需注意拍品 均是以「當時認定」之狀況賣出，相關細 項請參照目錄後之業務規則。請參照買家 需注意事項。

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目次 / Contents 2

給予買家的重要通知

IMPORTANT NOTICE TO BUYERS 4

羅芙奧春季拍賣會

SALE INFORMATION 6

羅芙奧之服務

RAVENEL SERVICES 10

金玉天珍 - 古代宣爐彝器藝術

A SPECIAL SELECTION OF CHINESE BRONZE CENSERS 105

業務規則

TRANSACTION AGREEMENT 111

委託競投表格

ABSENTEE BID FORM 113

中國歷代年表

CHRONOLOGY

9001 A BRONZE DRAGON EARS CENSER Qing Dynasty D: 11 cm W: 1041g

HK$ 30,000-45,000 NT$ 121,000-182,000 US$ 3,900-5,800 清 銅蚰龍耳圈足爐

The whole body is of an excellent copper casting, with a flat rimmed round mouth extending into a beamed neck and sloping shoulders.

Both sides have dragon handles and an oblate abdominal which gradually slims downwards. At its base, the mark, "Made in the Xuande Period of the Ming Dynasty," is written across three rows.

The bottom reveals a beautiful golden copper whilst the outer wall is of a deep maroon coloration. As this item has aged, its mottled appearance has resulted in a breathtaking display of light and shadow. 通體精銅鑄造，圓口平唇，束頸溜肩，肩兩側出線條凝鍊的蚰龍為 耳鋬。廣圓腹，腹下漸收，下承外撇寬圈足，底署方框「大明宣德 年製」三行六字楷書陽文款。是器底部外露金黃色澤的優美銅質， 外壁滿罩棗紅色皮，唯皮色因年代斑剝之故，更顯光影搖曳的流動 氣息，予人無限遐想！

Mark

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9002 A BRONZE TRIPOD CENSER Qing Dynasty D: 12.5 cm W: 930 g

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600 清 銅鬲式三乳足爐

Excellent pure copper with a relatively good color. A round mouth with a flat rim extending into a beam neck. Slightly flat drum abdominal and a flat bottom. Held up by three legs, the bottom displays the mark, "Made in the Xuande Period of the Ming Dynasty" written across three rows. Nicely colored, straight inscriptions weave densely around the body. Solid, heavy copper emits a bright chestnut shine whilst contours run in accord with the item's scale. I could be said that this censer is superbly proportioned. 銅質精純，皮色姣好。圓口平唇，束頸鼓腹，腹形略扁，平底，下 承三乳足，底部中央署方框「大明宣德年製」三行六字楷書陽文 款。款識結體疏密有致，朗潤挺拔。又銅質細潤沉實，皮色粟紅亮 麗，搭配肥瘦合宜的身姿線條，堪稱絕美比例。

Mark

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9003 A BRONZE DRAGON EARS CENSER Qing Dynasty D: 11 cm W: 990 g

Refined copper casting of medium thickness. It has a round mouth

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600

gradually slims downwards. The bottom is flat and rests on a circular

清 銅蚰龍耳圈足爐

with a flat rim, sloping shoulders, and a pair of dragon-shaped ears positioned on either side. Meanwhile, a drooping abdominal foot. On the bottom is written in three rows, "Made in the Xuande Period of the Ming Dynasty". The censer is various shades of bright golden chestnut coloration. Within the Dragon Ears Censer style, this is a classic item. 精銅鑄造，厚薄適中。圓口細唇，溜肩，肩兩側出一對蚰龍耳。垂 腹，腹下漸收，平底，下承廣圈足，底部中央署方框「大明宣德年 製」三行六字陽文楷書款。是件銅爐皮色如金黃熟栗，斑斕之中猶 顯亮麗清輝，為蚰龍耳爐中的典型佳器。

Mark

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9004 A BRONZE TRIPOD CENSER WITH SKYWARD EARS Qing Dynasty D: 14.5 cm W: 1250 g

The whole body is made of solid and heavy, refined copper. This

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600

shoulders which extend into a flat drum abdominal. Held up by three

清 銅冲耳三乳足爐

confidence.

censer has a round mouth with a protruding rim that merges into a pair of skyward pointing ears. There is a beam neck with sloping legs, the bottom reveals four characters in a square frame which, from right to left, read "Made in the Xuande Period". Along the edge of the rim and ears, the plump contour meanders wonderfully.

The full body emerges as a firm and steady display, bristling with

通體沉實，精煉銅質。圓口起唇，口沿兩側上端起一對冲耳。束頸 溜肩，扁鼓腹，下承三乳足，底部署方框橫書「宣德年製」四字篆 體陽文款。是爐冲耳與唇緣的豐腴線條蜿蜒絕妙，全器造型飽滿， 展現穩健合度的十足自信。

Mark

9005 A BRONZE FLAT MOUTH BOWL CENSER Qing Dynasty D: 16 cm W: 2374 g

HK$ 75,000-120,000 NT$ 304,000-486,000 US$ 9,700-15,500 清 銅平口缽式爐

The copper is meticulously refined and feels heavy whilst the lip of the censer's round mouth inclines inwards. The neck is vertical whilst the drum abdominal dramatically tapers off. It rests on a circular foot, where the four characters of the manufacturer's seal are written "Fāng Xiāng Jìng Jiāng" in two rows on the bottom. It is a bowl censer of classical beauty and elegance. The lines are simple and the drum abdominal is high. This item is of a bright maroon coloring. It truly warms the heart and refreshes the mind. 銅質綿密精實，手感沉重。圓口，唇緣內斜。豎頸，鼓腹，腹下急 斂，下承圈足，足底中央署方框「芳香靜彊」雙行四字楷書陽文 款。是件缽式爐造型古雅，線條簡潔凝鍊，鼓腹凌空，伴以棗紅的 璀璨皮色，實有沁人心脾之幽致。

Mark

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9006 A BRONZE TRIPOD CENSER WITH BRIDGE EARS Qing Dynasty D: 11 cm W: 1304 g

HK$ 100,000-160,000 NT$ 405,000-648,000 US$ 12,900-20,600 清 銅橋耳三足爐

The whole body is sedately bright and smooth whilst the mouth is round with a protruding rim. A pair of bridge-shaped ears can be found on the edge of the mouth. The mouth's edge flows into a beam neck and a gently tapering drum abdominal. The piece is supported by three legs. The bottom bears a square framed mark with "Xuande" written in a horizontal script. The inscription, read from right to left, is written in square, evenly distributed characters.

The shape and the scale of the censer are in perfect harmony. Since this item has bridge ears shaped like a tiger's eyes, it is therefore aptly referred to as being Tiger Eye Bridge Eared. 通體亮麗沉穩，渾圓瑩潤。圓口起唇，口緣上起一對蜿蜒似玉帶的 橋耳，口緣下束頸鼓腹，腹下漸斂，下承三乳足。底部署方框「宣 德」二字橫書篆體款，款識結體方正，筆畫均勻，能與銅爐身形比 例相得益彰。是件銅爐的橋耳線條渾圓如虎眼，故也稱虎眼橋耳。

Mark

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9007 A BRONZE CENSER WITH HALBERD EARS Qing Dynasty D: 18 cm W: 3335 g

HK$ 120,000-180,000 NT$ 486,000-729,000 US$ 15,500-23,200 清 銅戟耳簋式爐

The copper is meticulously smooth with a rouge complexion. The wide, low body of the item make it an imposing and, indeed, rare and beautiful piece. The whole body has a round mouth with a flat rim, a beam neck, and a wide abdominal which gently tapers off.

The bottom features a wide circular foot which has a slightly smaller diameter than the mouth. From the outer wall protrude a pair of cylindrical halberd blade ears. On the bottom is written in three rows of characters "Made in the Xuande Period of the Ming Dynasty".

Halberd Blade censers originally represented peace and stability and were used by the Board of Punishments. This particular bright, patternless item will leave people in awe. 銅質細緻平滑，皮色艷如胭脂，又比例寬矮沉雄，誠為難得美器。 通體圓口平唇，束頸廣腹，腹下漸斂，下承廣圈足，圈足直徑略小 於口緣，腹壁兩側起一對圓柱式戟耳，底部署方框「大明宣德年 製」三行六字楷書陽文款。戟耳爐原有執戟安邦之意，為刑部陳設 用器，然是類戟耳爐多數光素無紋，能以素風懾人心魄。

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9008 A BRONZE CENSER WITH TWO ELEPHANT HANDLES Qing Dynasty D: 11.9 cm W: 1213 g

This censer has a chestnut colored exterior with a reddish inside. The

HK$ 100,000-150,000 NT$ 405,000-607,000 US$ 12,900-19,300

the sides of the outer wall representing peace and tranquility. The

清 銅象首耳圈足爐

mouth is round with a flat rim. The shoulders slope into a drooping abdominal which is slightly flattened. A pair of elephant heads adorn bottom is a wide circular foot which is almost the same diameter as the mouth. On the bottom is written "Yù Táng Qīng Wán" in two rows. Due to the classically beautiful color, this censer would be a dignified item which can be displayed on one's desk. 銅爐色栗，底蘊泛紅。圓口平唇，溜肩垂腹，腹略扁，兩側鑄一對 象首耳，寓意「太平有象」。廣圈足，圈足直徑與口緣略同，底部 署方框「玉堂清玩」雙行四字篆體陽文款。是爐皮色古雅，造型端 莊穩健，堪為案頭綽約陳設。

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9009 A BRONZE TRIPOD CENSER WITH TWO EARS Qing Dynasty D: 9 cm W: 709 g

Superior quality copper radiating a deep chestnut color. The whole

HK$ 130,000-200,000 NT$ 526,000-810,000 US$ 16,800-25,800

outside wall. The abdominal dramatically tapers off and the bottom

清 銅扳耳押經爐

hold it feel that they cannot put it down.

body has a round mouth with a flat rim and shoulders that slope into a hanging abdominal. A pair of handles are on either side of the is supported by three legs. At the bottom, inside a square frame, are the characters "Xiù Xuě Jū". This censer has a fat abdominal with a round, sagging belly held up by three fat legs. The delicate handles add to the graceful beauty of the piece, making so as that those who

銅質精良，皮色栗紅，厚澤如脂。通體圓口平唇，溜肩垂腹，肩兩 側起一對扳耳，腹下急斂，下承三乳足，底部署方框橫書「袖雲 居」三字篆體陽文款。是件押經爐肥腹圓肚，整體重心下垂，搭配 肥碩的三乳足，撐起全器重量。惟略顯纖細的扳耳，又讓穩重的器 形，增添飛動的輕盈美感，故能令人愛不釋手。

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9010 A BRONZE TRIPOD CENSER WITH ORIGINAL STAND Qing Dynasty D: 12.7 cm W: 1486 g、854 g (stand)

HK$ 170,000-260,000 NT$ 688,000-1,053,000 US$ 21,900-33,500 清 銅扳耳押經爐暨原底托

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Made of pure copper with a heavy, solid feel. Maroon in coloration as if enshrouded by rosy clouds, the whole body has a round mouth topped with a flat rim. The shoulders are sloping with a drooping abdominal. A pair of ears protrude from the sides. The abdominal dramatically tapers off whilst three legs support the body. At the bottom, two rows of characters in a square frame read "Shàng Gǔ Shān Rén". The censer comes with the original three-legged Drifting Cloud style stand. This precious censer's dignified model and elegant lines complement perfectly with the rising spirit of the ears and the stout legs. 銅質精純，手感沉實，皮色棗紅，若紅霞氤氳。通體圓口平唇，溜 肩垂腹，肩兩側起一對扳耳，腹下急斂，下承三乳足，底部署方框 「上谷山人」雙行四字篆體陽文款，爐下附原配如意雲頭三足流雲 式底托。是爐寶蘊光彩，造型端莊沉穩，線條優雅舒暢，特別是扳 耳的飛揚氣韻與乳足的肥碩穩重，更是相得益彰。

9011 A BRONZE TRIPOD CENSER WITH TWO EARS Qing Dynasty D: 10.2 cm W: 987 g

HK$ 50,000-80,000 NT$ 202,000-324,000 US$ 6,400-10,300 清 銅扳耳三乳足爐

The wonderful coloration is like that of a birchleaf pear. It has a round mouth with protruding rimmed edges and an oblique abdominal with a drooping belly. A pair of ears adorn the sides. Three legs extend from the underneath. On the bottom, two rows of characters, "Shī Jiā Gǔ Zhì," are displayed in a square frame. This censer has skilfull lines and a graceful appearance. It is unlike other censers with its own individual style. 銅皮如棠梨，古雅清妙。全器圓口起唇緣，坡腹垂肚，腹壁兩側安 鑄一對扳耳，底面下承三乳足，三乳足間署方框「施家古製」雙行 四字篆體陽文款。是件銅爐線條圓熟，具輕盈之姿，比起線條方折 沉重的押經爐，另有一番不同風味。

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9012 A BRONZE CENSER WITH TWO LION HEAD EARS Qing Dynasty D: 11.2 cm W: 1411 g

HK$ 80,000-120,000 NT$ 324,000-486,000 US$ 10,300-15,500 清 銅獅首耳圈足爐

Made from refined copper casting, this item has a sleek, maroon-colored look.

The mouth is round with a flat rim and the shoulders slope into a drooping abdominal. The shoulder line is higher than the drum abdominal section's line. Two lion heads on the sides serve as ears. The abdominal tapers off on the inside. In the middle of the wide circular foot is a square frame with the characters "Sōng Yuè Lǚ". It is a circular, curved censer with thick casting, providing an elegant visual impression. 精銅鑄成，皮色棗紅，潤澤瑰麗。通體圓口平唇，溜肩垂腹，肩線高度比大於 鼓腹，肩壁兩側貼鑄獅首為耳，腹下內斂，下承廣圈足，底部署方框橫書「松 月侶」三字篆體陽文款。是件銅爐圓曲有度，胎體厚實，予人高雅沉穆的視覺 觀感。

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9013 A BRONZE TRIPOD CENSER WITH ARABIC SCRIPT Qing Dynasty D: 9 cm W: 677 g

HK$ 75,000-120,000 NT$ 304,000-486,000 US$ 9,700-15,500 清 銅扳耳開光阿拉伯文押經爐

Refined copper casting. The mottled mix of leather and chestnut colors supply a lovely visual impression. The mouth is round with a flat rim and the sloping shoulders merge into a wide abdominal. Two ears protrude from the shoulders. Whilst the outside wall is decorated in Begonia style with sumptuous and lively Arabic writing, three legs extend from the underneath.

At the bottom is a square frame displaying in two rows of characters, "Made in the Zhengde Period". The plump body and the upward rising ears are in harmony with the contours of the hanging abdominal section, making it a perfectly balanced item. 精銅鑄造，銅皮蠟茶色原底上間有栗紅浮動，形成斑斕典雅的視覺妙趣。全 器圓口平唇，溜肩廣腹，肩兩側出線條方折的扳耳，腹壁外飾海棠式開光， 開光內做珍珠錦地，錦地上飾陽起阿拉伯文，文字線條豐腴鮮活，底面下承 三乳足，三乳足間署方框「正德年製」雙行四字篆體陽文款。是件銅爐造型 飽滿，扳耳璫的反向上揚，恰與腹部的下垂曲線，成形恰到好處的拉鋸張 力，故稱完美。

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9014 A BRONZE TRIPOD CENSER WITH SKYWARD EARS Qing Dynasty D: 21 cm W: 3124 g

HK$ 160,000-240,000 NT$ 648,000-972,000 US$ 20,600-30,900 清 銅冲耳三乳足爐

The copper is smooth with a chestnut coloration while the inside is of a dark brown. It has a round mouth with a protruding rim. On the edge of the rim is a pair of skyward ears. The beam neck is short whilst the gently slimming abdominal section is flat and wide. There are three legs at the bottom as well as the mark, "Made in the Xuande Period of the Ming Dynasty," in a square frame. The inscription is written in wide, evenly-spaced characters which wander like lines through jade. This item's simple yet elegant character, even though it has no decorative pattern, will make people ruminate time and again, like an echo in an empty valley. 銅質細滑光潤，皮色栗紅，間有深褐色斑斕。圓口起唇，口緣兩側頂 面出一對冲耳。短束頸，扁廣腹，腹下漸斂，下承三乳足，底面中央 署方框「大明宣德年製」三行六字楷書陽文款。款識結體寬疏有度， 如玉筋走勢，流轉端莊。全器氣韻渾成，線條簡潔優雅，雖無任何紋 飾，卻有如空谷回音的裊裊餘韻，讓人玩味再三。

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9015 A GOLD-SPLASHED BRONZE TRIPOD CENSER WITH DRAGON EARS Qing Dynasty D: 16 cm W: 3125 g

HK$ 340,000-550,000 NT$ 1,377,000-2,227,000 US$ 43,800-70,900 清 銅點金螭龍耳三足爐

Made of pure, thick and heavy copper. Yellowish-brown serves as the base color for this item whilst specks of gold fragmentally decorate the outside wall. Its body of rosy, cloud speckled gold will really knock people over. The mouth is round with an inclining rim and its beam neck slopes into a flat and round abdominal. The outer wall of the abdominal section has a pair of Chi dragons. These Chi dragons appear to be climbing whilst their bodies flow onto the outside wall, adding to the item's elegant style. The abdominal tapers off inside and the body is supported by three legs. The bottom reveals the mark "Made in the Xuande Period". This item is of excellent copper casting and is a spectacularly elegant ornament. The gold specks and Chi dragons add to what is already a magnificent item. 銅質精純，厚重沉穆。全器以黃褐為底色，底色之上飾以點金裝 飾，點金錯落有致，形塑赤霞灑金，讓人目不暇給。通體圓口斜 唇，束頸溜肩，扁圓腹，腹壁兩側鑄一對相向而視的螭龍耳，螭龍 做攀附貌，姿體流轉輕盈，脊骨畢露，增添莊重肅穆的典雅氣息。 腹下內斂，下承三乳足，底面下署方框橫書「宣德年製」四字篆體 陽文款。是件銅爐於精鑄之餘，又能兼重引人曙目的清雅裝飾，其 中點金與螭龍的優美搭配，更有錦上添花的瑰麗妙趣。

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9016 A BRONZE FOUR-LEGGED SQUARE CENSER WITH TWO EARS Qing Dynasty L: 9.7 cm W: 1202 g

HK$ 150,000-240,000 NT$ 607,000-972,000 US$ 19,300-30,900 清 銅扳耳四足方爐

The censer features a pure bronze body with waxed-brown skin.

Geometric patterns are carved on the protruding outer rim of the flat square mouth. With dropped shoulders and a vertical abdominal, a pair of Ban ears adorns either side of the shoulders.

Four short legs extend from underneath the body. On the bottom, two rows of four characters "Elegant Trinket Full of Charm" are written in Seal Script and displayed in a square frame. This beautiful censer has an unique design with both straight and curved contours, making it an exceptional vessel. 銅胎精純，蠟茶色皮。方口平唇，口緣外起一道凸沿，凸沿外鐫一 圈幾何紋。溜肩垂腹，肩壁兩側出一對扳耳，腹下四邊角承四矮蹄 足，足面四方，底部署方框「雅賞幽香」雙行四字篆體陽文款。是 件銅爐方折圓熟，造型俊美，款識獨特，能臻佳器之流。

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9017 A BRONZE TRIPOD CENSER WITH HALBERD EARS Qing Dynasty D: 11.7 cm W: 1577 g

Made from refined bronze with a reddish chestnut-colored coat, the

HK$ 150,000-240,000 NT$ 607,000-972,000 US$ 19,300-30,900

Halberd handles adorns the sides. The ears are slightly raised, exuding

清 銅戟耳深腹三足爐

piece is gracefully charming. The mouth is round with a slanted rim that extends into a beamed neck and a deep belly, while a pair of a sense of vitality. The circular bottom is held up by three short legs.

The words, "Qing Feng Dui Yin", are embossed in Seal Script across two rows in a square frame on the bottom. The beautifully styled bronze censer has glossy exterior. The deep abdominal and halberd handles seem to be engaged in a profound dialogue, conveying the praise. This is the only worthy work in both ancient times and the present. 精煉美銅，皮色如熟栗，嫣紅嫵媚。全器圓口斜唇，束頸深腹，腹 壁兩側出一對下戟式的尖頭戟耳，耳璫微揚，氣韻生動。圜底，下 承三乳足，底面下署方框「清風對飲」雙行四字篆體陽文款。是件 銅爐造型秀美，皮色凝膩，深腹與戟耳的款款對話，激盪出「古今

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珍玩，只此可人」的美哉讚嘆。

9018 A BRONZE FOUR-LEGGED SQUARE CENSER WITH RUYI EARS Qing Dynasty L: 10.9 cm W: 1786 g

The bronze body has a waxed-colored glossy exterior with a flat

HK$ 95,000-150,000 NT$ 385,000-607,000 US$ 12,300-19,300

on either side of the neck. The round bottom is held up by four legs

清 銅如意耳四足方爐

square rim, a beam neck, dropped shoulders and a squared circular abdominal. A pair of Ruyi ears with simple contours is positioned turned outward, giving off the appearance of water droplets. At the bottom, embossed a square frame, are the characters "Song Yue Lu" written in Seal Script. This bronze censer features a deep abdominal with an appearance that is similar to the sacrificial vessels of the Shang and Zhou Dynasties. Simple yet elegant, it features an exquisite image of abstract lines. 胎質亮潤，皮呈蠟茶色。方口平唇，束頸斜肩，方圓腹，頸壁兩側 出一對線條簡潔的如意耳。圜底，腹下四邊角承四蹄足，足底外 翻，足面呈水滴貌。底部中央署方框橫書「松月侶」三字篆體陽文 款。是件銅爐深腹，觀其造型有商周鼎彝禮器的遺韻，惟造型一任 素雅，具有抽象線條的清麗意象。

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9019 A BRONZE CYLINDRICAL CENSER WITH ARABIC SCRIPT Qing Dynasty D: 8.5 cm W: 797 g

HK$ 130,000-200,000 NT$ 526,000-810,000 US$ 16,800-25,800 清 銅開光阿拉伯文筒式爐

Made with golden bronze, the censer has a solid feel in hand.

The purplish-red body shows patches of peeling. This piece consists of a flat and round mouth and a cylindrical belly with three sets of begonia blessings on the walls. The pattern of blessings are filled with precious adornments and an embossed Arabic script. The flat bottom is held up by three short Drifting Cloud legs. On the bottom, embossed are two lines of fourcharacter Seal Script read "Made in the Zhengde Period" in Chinese. The overall style of the censer is modest and simple.

With the use of Arabic script for decoration, the piece deepens the reminiscence of ancient times. 銅質金黃，手感沉實，通體呈棗紅皮色，局部有斑剝痕跡。爐 做圓口平唇，筒形腹，腹壁外做三組海棠式開光，開光內滿飾 珍珠錦地，錦地之上隱起阿拉伯文。平底，下承三矮雲頭式 足，底面中央署方框「正德年製」雙行四字篆體陽文款。是件 銅爐唇口內有凹沿，全器造型古拙，特別是在阿拉伯文裝飾的 襯托下，幽古情思越發獲得彰顯。

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9020 A BRONZE SEAWATER CLOUD DRAGON CENSER Qing Dynasty L: 13.1 cm W: 1973 g

HK$ 120,000-180,000 NT$ 486,000-729,000 US$ 15,500-23,200 清 銅海水雲龍紋薰爐

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Cast in refined bronze, the censer features a maroon-colored coat.

This vessel is comprised of three sections - the lid, the censer, and the base. The lid is in a bowl shape with an oval opening. The rim angles outward with a wide lip. The abdominal wall features hollowed-out patterns of dragons and phoenixes. A dragon sits proudly on top of the slightly flat lid. Broad lips cover the rim of the oval mouth.

The body features wide shoulders, a wide belly that sharply narrows into a high cinched waist and a circular foot angling outward. The handles are made in the form of two beasts decorating either side of the abdominal wall. The seawater cloud dragon patterns on the outer walls are made with the high relief technique. The outer walls of the circular feet are embossed with a circle of lotus petal patterns.

On the bottom, the Chinese characters for "Made in the Qianlong Period" are inscribed in seal script and divided across two lines. The base features a straight neck and angled belly. On abdominal walls are reliefs of lotus petal patterns. The base is held up by four short legs. This censer is elaborately decorated, bearing a vigorous style. It is indeed a treasure worthy of the royalties. 通體銅鑄，皮呈紫紅色。器分蓋、爐與底座三部分。蓋做覆碗貌， 橢圓式口，口緣外撇起寬帶唇，腹壁做鏤空龍鳳雲紋，蓋頂略平， 上置昂首坐龍為鈕。爐做橢圓形口，口緣外壁亦起一道寬帶唇，坡 肩廣腹，腹下急斂，下承高束腰外撇圈足。腹壁兩側鑄獸首銜環為 耳，外壁飾高浮雕式的海水雲龍紋，圈足外壁浮飾一圈蓮瓣紋。底 足內署「乾隆年製」雙行四字陰刻篆體款。底座直頸坡腹，腹壁浮 飾一圈蓮瓣紋，四邊角下承四矮足。是件薰爐裝飾繁縟，造型雄 渾，堪為齋格陳設華麗佳器。

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9021 A BRONZE HALBERD EARS CENSER WITH ORIGINAL STAND Qing Dynasty D: 10.3 cm W: 512 g、161 g (stand)

HK$ 150,000-240,000 NT$ 607,000-972,000 US$ 19,300-30,900 清 銅戟耳圈足爐暨原銅座

Fine quality pure bronze with a dark brown textured skin covering the entire surface, beautiful with classic elegance. The piece has a round opening, a narrowed neck and a round abdominal. A pair of round halberd handles extend from either side. From below the abdominal section, it gradually narrows onto a round foot, the diameter of which is much smaller than that of the opening. On the bottom, the four characters, "Treasure of the Ancient World," are written in seal script across two rows and embossed in a square frame. Also attached to the censer are a round base and graceful contours, all held up by three short legs. Not only does this delicate censer ingeniously pair a narrow circular foot and round base, the piece also exudes a celestial sense of beauty and harmony. 銅質精純，皮色呈深咖啡色，表面滿布橘皮，俊美古雅。全器圓口 起唇，束頸圓腹，頸壁兩側出一對圓頭式戟耳，腹下漸斂，下承圈 足，圈足直徑遠小於口緣直徑，底部署方框「世古之寶」兩行四字 篆體陽文款。是件銅爐另附有圓盤式底座，底座線條優美，下承三 矮足。整體觀之，銅爐除秀麗的氣息外，窄圈足與圓盤式底座的巧 妙搭配，更有一種天地圓融的和諧之美。

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9022 A BRONZE ROUND BELLY BESTIAL TRIPOD CENSER Qing Dynasty D: 6.5 cm W: 572 g

HK$ 50,000-75,000 NT$ 202,000-304,000 US$ 6,400-9,700 清 銅平口圓腹三獸足爐

Cast in fine bronze with a chestnut red body, the piece is smooth and serene. The round opening with a raised rim drops smoothly down to a round abdominal. From below the abdominal section, it gradually narrows into a round bottom supported by three bestial legs. On the bottom, the three rows of characters, "Made in the Xuande Period of the Ming Dynasty," are written across three lines in regular script and are embossed in a square frame. The bronze censer has a spherical abdominal with three plump bestial legs supporting the entire weight of the piece. Cleverly, the delicate outline of the round opening with a raised rim cancels out the overall weighty look. In other words, the entire piece prevails through its contours. It is a highly artistic vessel for incense burning. 精銅鑄胎，通體栗紅，凝潤沉靜。全器圓口起凸唇，溜肩圓腹，腹 下漸收，圜底，下承三獸足，底部中央署方框「大明宣德年製」三 行六字楷體陽文款。是件銅爐爐腹呈飽滿的圓球形，三獸足的豐腴

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線條，撐起全身重量，但口圓凸唇的細線條卻適巧消彌了銅爐過於 笨重的視覺觀感，也就是說，通體以線條取勝，是一件藝術性頗高 的香道佳器。

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9023 A BRONZE DRAGON EARS CENSER Qing Dynasty D: 14 cm W: 1845 g

Beautiful quality pure bronze with a crab-shell like green skin. A

HK$ 80,000-120,000 NT$ 324,000-486,000 US$ 10,300-15,500

and abdominal section, showing simple and graceful contours. A

清 銅蚰龍耳圈足爐

diameter of the opening is quite proportional to that of the round

round opening with a flat rim drops down smoothly from the straight neck. A pair of dragon handles reach out from either side of the neck flat drum abdominal gradually narrows into a wide, round, outward turning foot. On the bottom, the three rows of characters, "Made in the Xuande Period of the Ming Dynasty," are written across three lines in regular script and are embossed in a square frame. The foot. Due to the curves of the flat drum abdominal, the piece gives off a calm and solemn look. This abstract outline is precisely what captures the heart of collectors. 銅質純美，皮呈蟹殼青。圓口平板唇，直頸溜肩，頸腹壁兩側出一 對蚰龍耳，蚰龍線條簡練優美。扁鼓腹，腹下漸斂，下承外撇廣圈 足，底面中央署方框「大明宣德年製」三行六字篆體陽文款。是件

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銅爐口緣與圈足的直徑比例相當，在扁鼓腹的曲線連動下，形塑一 種安定肅穆的視覺觀感，這也是宣爐抽象線條令人醉心的最大關 鍵。

9024 A BRONZE CYLINDRICAL TRIPOD CENSER WITH ARABIC SCRIPT Qing Dynasty D: 8.5 cm W: 755 g

HK$ 120,000-180,000 NT$ 486,000-729,000 US$ 15,500-23,200 清 銅開光阿拉伯文筒式三足爐

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Made with sturdy bronze, the piece feels solid in the hand. The censer

銅質緊密，手感沉實。圓口平唇，筒形腹，腹壁外做三組海棠式開

has a round opening with a flat rim and a cylindrical abdominal. On

光，開光內滿飾珍珠錦地，錦地之上隱起阿拉伯文，平底，下承三

the walls of the abdominal are three sets of extravagant blessings

矮雲頭式足，底面中央署方框「正德年製」兩行四字篆體陽文款。

in Begonia style with Arabic carvings. The vessel has a flat base

是件銅爐皮色古雅，造型秀美能注重細部線條的安排，能稱佳器。

supported by three Short Cloud style legs. On the bottom, the four characters "Made in the Zhengde Period" are written across two lines in seal script and are embossed in a square frame in the middle. This censer is an exceptional vessel with classic color, elegant shape and detailed placement of contours.

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9025 A BRONZE ROUND BELLY TRIPOD CENSER WITH RUYI EARS Qing Dynasty D: 14.5 cm W: 1933 g

HK$ 170,000-260,000 NT$ 688,000-1,053,000 US$ 21,900-33,500 清 銅如意耳圓腹三足爐

Fine quality pure bronze with a purplish red body, it is a decent and classic beauty. This piece has a round opening with a flat, inward slanting rim, a narrowed neck and a round abdominal.

Extending out from either side of the abdominal is a pair of Ruyi ears, followed by a round base supported by three short legs. On the bottom, the four characters, "Plaything of the Jade Hall," are written across two lines of seal script and are embossed in a square frame. It is a censer of beautiful coloration and a rich glow. The perceived gravity of the abdominal dropping downward and ending with the three stout legs gives the piece the perfect proportionality. 銅質精純，通體呈棗紅色，端莊典麗。全器圓口，內斜平唇，束 頸圓廣腹，腹壁兩側出一對如意耳，圜底，下承三矮柱足，底部 中央署方框「玉堂清玩」兩行四字篆體陽文款。是件銅爐皮色絕 美，晶瑩潤澤之餘亦兼重整體曲線的營造。腹壁重心下垂的視覺 重力剛好被碩實的三柱足抵銷，激盪出圓曲合度的完美比例。

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9026 A BRONZE CENSER WITH ELEPHANT EARS AND ORIGINAL STAND Qing Dynasty D: 14.2 cm W: 2475 g、1057 g (stand)

HK$ 650,000-1,000,000 NT$ 2,632,000-4,049,000 US$ 83,800-128,900 清 銅象首耳圈足爐暨原銅底座

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The rich and pure piece with purplish red skin is beautiful and princely.

It starts with a round opening and flat rim on top before narrowing at the neck into a round abdominal. A pair of elephant-head ears with relief carvings embellish either side of the neck. With big flappy ears, long and pointy curved tusks, a curved nose and glaring eyes, the piece captures both the form and spirit of the animal. The slightly flat drum abdominal narrows into a round, outward facing foot. On the bottom, the four-characters "Made in the Xuande Period" are written in seal script and embossed in a square frame in the middle.

This censer also includes a round stool base comprised of five Ruyi clouds. The piece is round, thick and solid with the elephant head adding more solemnity. However, the lightness of the flower-shaped base minimizes the heaviness of the censer, eliminating all doubts of visual imbalance. With such thought gone into the design, the piece embodies perfect proportion and harmony. 胎厚質純，棗紅色皮，雍容大器。圓口平板唇，束頸鼓腹，頸壁兩 側飾高浮雕式的象首耳，象首大耳飄招，長牙彎尖，曲鼻為鋬，雙 眼炯炯，形神俱備。鼓腹略扁，腹下漸斂，下承外撇廣圈足，底部 中央署方框橫書「宣德年製」四字篆體陽文款。是件銅爐另附有圓 几式五如意雲頭足底座，全器渾圓碩實，在象首意象的襯托下尤顯 肅穆穩重，不過花几式底座的輕盈氛圍，又大大稍減銅爐或許過重 的視覺疑慮，敢情完美和諧的比例，只在一點更細微的巧思。

9027 A BRONZE ROUND BELLY TRIPOD CENSER WITH RUYI EARS Qing Dynasty D: 11.3 cm W: 2357 g

HK$ 100,000-150,000 NT$ 405,000-607,000 US$ 12,900-19,300 清 銅如意耳圓腹三足爐

This bronze censer has a golden tint that glistens and is silky smooth. The piece has a round opening with flat rim, a narrowed neck and a deep round abdominal. A pair of Ruyi handles extend out from either side of the neck and abdominal. The abdominal narrows onto a round base supported by three small legs. On the bottom, the three-characters, "The Xuande Period," are written in seal script and embossed horizontally in a square frame in the middle. The censer has a plumpness with contrasting Ruyi ears on either side and complementary distinct contours. This model is a rare piece due to the three-character inscriptions made in the Xuande Period. 銅質金黃，亮麗綿滑。圓口平唇，束頸，深圓腹，頸腹兩側出一 對上下出頭的如意耳，腹下漸斂，圜底，下承三乳足，底部中央 署方框橫書「宣德年」三字篆體陽文款。是件銅爐造型圓熟豐 腴，二出頭的如意耳補足爐身的線條不足，三字款的宣德年號尤 屬少見。

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9028 A BRONZE TRIPOD CENSER WITH BRONZE STAND Qing Dynasty D: 11 cm W: 1220 g、 650 g (stand)

HK$ 80,000-120,000 NT$ 324,000-486,000 US$ 10,300-15,500 清 銅扳耳三足爐暨銅底座

Made of pure bronze with a tawny bronze skin, the piece has a rich color that shines beautifully. It starts with a round opening with flat rim before narrowing at the neck into a drum abdominal. A pair of Ban handles extend out from either side of the neck and the abdominal. The drum abdominal is slightly flat with a round base that continues onto three small legs. On the bottom, the four-characters "Forever the Treasure of the Precious Abode" are written across two lines in seal script and embossed horizontally in a square frame in the middle. This censer also includes a base comprised of three curled Ruyi clouds. The entire piece is even and smooth with graceful contours. 銅質精良，蠟茶色銅皮，滋厚瑩美。全器圓口平唇，束頸鼓腹，頸 腹兩側出一對扳耳，鼓腹略扁，圜底，下承三乳足，底部中央署方 框「珍舍永寶」兩行四字篆體陽文款。是件銅爐並附有雲捲式三如 意雲頭足底座，通體平整合度，線條優雅。

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9029 A BRONZE TRIPOD CENSER WITH BRIDGE EARS Qing Dynasty D: 14.7 cm W: 1225 g

Fine quality pure bronze with a yellowish brown skin that emanates

HK$ 70,000-110,000 NT$ 283,000-445,000 US$ 9,000-14,200

and a round abdominal that narrows sharply into a round base with

清 銅橋耳三足爐

graceful curves, this censer really is a beautiful vessel, full of charm.

a great sense of age. The piece has a round opening with a pair of bridge handles lifted from the rim. This proceeds into a cinched neck three small legs. On the bottom, the six-characters, "Made in the Xuande Period of the Ming Dynasty," are written in seal script and are embossed in a square frame in the middle. The style is straight and neat with power and depth. As dynamic arcs follow lines of

銅質精純，銅皮褐黃帶綠斑，古意盎然。全器圓口起唇，口緣兩側 上端起一對橋耳。束頸，扁圓腹，腹下急斂，圜底，下承三乳足， 底部中央署方框「大明宣德年製」三行六字楷書陽文款。款識結體 方正有度，挺拔有力。爐式線條垂弧流轉，綽約有致，是一件韻味 十足的美器。

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9030 A BRONZE TRIPOD CENSER WITH TWO EARS Qing Dynasty D: 9.5 cm W: 872 g

Made with thick and solid bronze with purplish red skin, this piece

HK$ 65,000-100,000 NT$ 263,000-405,000 US$ 8,400-12,900

handles extend out from either side of the neck and the abdominal.

清 銅扳耳三足爐

gives out the charm of plump and perfect roundness.

is elegant yet solemn. It starts with a round opening and flat rim before narrowing at the neck into a drum abdominal. A pair of Ban This censer has a slightly flattened round abdominal and a round base supported by three small legs. On the bottom, two characters, "Precious Tripod," are written in seal script and are embossed in a square frame. Through the fat abdominal and legs, this bronze censer

銅胎厚實，呈棗紅色皮，典麗肅穆。全器圓口平唇，束頸圓腹，頸 腹兩側出一對扳耳，扳耳線條方折。爐身圓腹略扁，圜底，下承三 乳足，底部署方框「寶鼎」二字篆體陽文款。是件銅爐胖肚肥足， 通體豐腴，具渾圓之姿。

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9031 A BRONZE CENSER WITH HALBERD EARS Qing Dynasty D: 9.1 cm W: 1008 g

Thin walls made of hard material with a leathery, wax covered

HK$ 85,000-130,000 NT$ 344,000-526,000 US$ 11,000-16,800

tightening up again toward the bottom and finishing with a circular

清 銅戟耳簋式爐

vessel is simple and natural with an elegant charm.

surface, intricate and serene. Starting with a round mouth, a closed neck curves down from the shoulders into a round abdominal before bearing ring. Twin cylindrical halberd shaped handles can be seen on each side of the shoulders. The lines of the handles intertwine in an elegant yet powerful manner. Stamped on the bottom in the middle are the words "Zhong Xiang" in Zhuanti style characters. The entire

壁薄質堅，蠟茶色皮，細潤沉靜。圓口，束頸溜肩，圓鼓腹，腹下 漸收，下承圈足。頸肩兩側出一對圓柱式戟耳，戟耳線條屈曲流 轉，簡潔有力。底部中央署「種香」二字篆體陽文款，全器古樸自 然，具素雅的韻致。

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9032 A BRONZE BOWL CENSER WITH RING EARS Qing Dynasty D: 9.6 cm W: 2415 g

HK$ 180,000-280,000 NT$ 729,000-1,134,000 US$ 23,200-36,100 清 銅棋首垂環鉢式爐

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Exquisite bronze with red, purple coloration that exudes an aura of

銅質精美，皮色呈紅紫色，典雅高潔。全器圓口起唇緣，豐肩深圓

elegance and nobility. The censer features a round mouth, flared

腹，腹壁兩側浮飾棋首垂環。腹下漸收，臥圈足，底面微凹，中央

lip, abundant shoulders, and a deep abdominal flanked by two

署方框「玉堂珍玩」兩行四字篆體陽文款。是件銅爐造型飽滿，以

ornamental ring handles. The abdominal gradually closes downwards

各種不同的圓弧線條，形塑鉢式銅爐渾圓溢美的雍容氣度。

towards a slightly concave round base. In the center are the four characters, "Yu Tang Zhen Wan," written in Yang Wen calligraphy.

This bronze censer's plump form and many circular contours express an exquisite aesthetic.

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9033 A PAIR OF GILT-SPLASHED BRONZE TRIPOD CENSERS WITH DRAGON HANDLES Qing Dynasty D: 15.5 cm W: 2530 g、W: 2180 g PROVENANCE: 1. Christie's South Kensington 18 May, 2012, lot1108 2. Sotheby's London 24 October, 1967, lot36 3. The Fryers Collection of Chinese Art

HK$ 800,000-1,200,000 NT$ 3,239,000-4,858,000 US$ 103,200-154,700 清 銅點金螭龍耳三足爐一對

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A pair of bronze censers sharing a similar style to one another.

These meticulously crafted bronze works come in a color redolent of Buddhist sculpture and are decorated with gilt. They feature a flat mouth, narrow neck, low shoulders, drum abdominal, round base, and and three tapered, cylindrical legs. At the center of the base are the six characters, "Made in the Xuande Period of Ming Dynasty," arranged in two rows and columns. The mouths of the censers are flanked by two decorative dragons whose backs are facing outward to serve as handles. These dragons have their four paws gripping the rim of the censer's mouth and feature slender bodies, protruding spins, structured scales, and two-pronged tails. The mighty yet mysterious dragons feature lion noses, horns, spindle eyes, and long whiskers, imbuing these works with a unique quality. Most bronze censers are created in a minimalist style and Qing censers also echo the aesthetic values of their era. Aside from its simplicity and elegance, this pair of bronze censers push artistic boundaries with their unique dragon handles and gilt decorations, giving the work its luxurious quality. This is what sets these censers apart from other works of their kind. 銅爐一對，造型、尺寸雷同。銅質精良，通體近藏經色皮，間飾以 點金裝飾。全器圓口平唇，束頸，溜肩鼓腹，腹下急斂，圜底，下 承三乳足，底部中央署方框「大明宣德年製」三行六字楷書陽文 款。是爐口緣兩側頂面飾以背對外視的一對螭龍，螭龍身軀上拱如 橋耳，四足攀附於口沿，修長的身軀鱗片規整，脊骨畢露，尾巴向 兩側分叉。獅鼻，獨角，梭形眼，頷下一綹長鬚，整體線條流暢， 情態威猛神秘，十足讓三足爐的藝術評價加分不少。銅爐多數以素 雅簡練見長，惟清代的摹古銅爐往往能於造型的模擬外，又加諸具 時代特色的審美風情。據此觀之，是對銅爐追求素雅之餘，又能於 螭龍與點金加綴典麗的富貴元素，敢於與眾不同的藝術追求，正是 銅爐不同凡響的價值所在。

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9034 A BRONZE SQUARE CENSER WITH HALBERD HANDLES Qing Dynasty L: 10.3 cm W: 920 g

HK$ 140,000-220,000 NT$ 567,000-891,000 US$ 18,100-28,400 清 銅戟耳馬槽爐

Polished bronze censer with a uniform brown color and sleek texture.

This work features a rectangular mouth, flat ribbon-like lip, square abdominal, and a pair of square halberd shaped handles. The lower abdominal curves inward where it meets the base, which features four "L" shaped legs. On the bottom are the four characters, "Shan Xing Zhuo Qi," written across two lines in seal script. Unlike most censers, this piece does not feature a round body, but a square one, making this piece rather rare. Furthermore, this piece is one of a private collection, making it even more exclusive. 銅質精純，蠟茶色皮，通體皮色完整，潤澤溢彩。全器長方形口， 口緣齊平如寬帶，方形腹，腹壁兩側出一對下戟式方頭戟耳。腹下 至底部略內收，平底，四邊角承四個「L」形方角足，底面中央署方 框「山形卓起」兩行四字篆體陽文款。宣爐以圓弧線條居多，故方 形爐如馬槽式者本屬少見，惟馬槽爐款署私家款者更屬難得，欣賞 本器，亦作如是觀。

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9035 A BRONZE TRIPOD CENSER WITH BEAST HANDLES Qing Dynasty D: 15.5 cm W: 4246 g

HK$ 340,000-550,000 NT$ 1,377,000-2,227,000 US$ 43,800-70,900 清 銅獸首耳三足爐

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Solid bronze censer with a ripe chestnut color and elegant form. The

銅質精純，厚潤沉實，銅皮呈熟栗色，淡雅卓穆。全器圓口薄唇，

work features a round mouth with thick lips, narrow neck, and round

束頸，圓腹，頸腹之間因減地之故，似起一道寬凸弦紋，兩側面浮

abdominal. The neck is short, creating a concave space between the

飾一對狻猊首耳。腹下急斂，圜底，下承三乳足，底面署方框橫書

mouth and shoulder, which is flanked by two beast handles. Towards

「飛雲閣」三字篆體款。所署款識字體娟秀，俊俏飛動，又狻猊首

the bottom, the abdominal rapidly closes into the round base, where

耳造型細膩，凹凸有致，誠為箇中美品。

three tapered cylindrical legs support the structure. On the bottom are the three characters, "Fei Yun Ge," written in graceful and handsome calligraphy. The beast handles are crafted in a delicate, refined, and orderly fashion, making this work aesthetically pleasing.

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9036 A BRONZE DRAGON EARS CENSER WITH ORIGINAL STAND Qing Dynasty D: 14.5 cm W: 1874 g、888 g (stand)

HK$ 130,000-200,000 NT$ 526,000-810,000 US$ 16,800-25,800 清 銅蚰龍耳圈足爐暨原銅座

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Fine quality pure bronze with a chestnut colored body and contrasting

銅質精純，通體呈栗殼色，局部有褐斑，參差相映，目不暇給。圓

brown patches, truly a feast for the eyes. The piece has a round

口平唇，束頸，扁鼓腹，腹下漸斂，下承外撇廣圈足，底面署方框

opening with a flat rim, a cinched neck and a flat drum abdominal

橫書「宣德年製」四字篆體陽文款。是件銅爐兩側做蚰龍耳式，圈

that narrows into a round, outward facing foot. On the bottom, the

足下附原配有束腰三雲頭矮足圓盤底座，全器線條圓弧有度，玲瓏

four-characters, "Made in the Xuande Period," are written in seal

合律，是蚰龍耳圈足爐中的典型佳器。

script and embossed in a square frame. This bronze censer features a pair of dragon handles on each side, a round foot with cinched waist and a round base supported by three short cloud legs. With distinct curves, a delicate style and a true classical form, this piece is an excellent model amongst other dragon handle, round foot censers.

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9037 A BRONZE TRIPOD CENSER Qing Dynasty D: 10.6 cm W: 823 g

HK$ 70,000-120,000 NT$ 283,000-486,000 US$ 9,000-15,500 清 銅鬲式爐

Fine quality bronze with glowing chestnut colored skin. The piece consists of a plate-like opening, a narrowed neck, a flat round abdominal and a round base supported by three short elephant legs. On the bottom, the four-characters, "Precious Toy to be Kept Forever," are written in seal script and embossed in a square frame.

The elegant bronze censer features three distinct lines formed by the rim of the plate-like opening and the concave contour where the neck narrows. Such beautiful curves are precisely the most important characteristic of the Li Style censer. 銅質精良，栗殼色皮，瑩潤光亮。盤口，束頸，扁圓腹，圜底，下 承三短象腿足，底面署方框「永存珍玩」雙行四字篆體陽文款。是 件銅爐造型古雅，盤口周緣的唇線與頸壁由一道凹弦紋所製造出的 三道弦紋視覺效果，是鬲式爐展現圓弧之美的重要亮點。

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9038 A BRONZE DRAGON EARS CYLINDRICAL CENSER WITH RUYI LOTUS-PETAL PATTERNED Qing Dynasty D: 10.9 cm W: 1197 g

HK$ 75,000-120,000 NT$ 304,000-486,000 US$ 9,700-15,500 清 銅如意蓮瓣紋夔龍耳筒式爐

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Delicate bronze with chestnut red skin, the piece is smooth with a solemn resonance. It starts with a round opening, a flat rim and a cylindrical abdominal with a pair of Kui dragon handles extending out from the abdominal area before narrowing gradually at the bottom onto a round foot. On the bottom, the four characters, "Study Hall of Swaying Willows," are written across two lines in seal script and are embossed in a square frame in the middle. There are two wide stripes on the wall near the opening and at the bottom. Below the top stripe is a circle of Ruyi clouds. Above the bottom stripe is a circle of lotus petals. In addition to the stylish contours, this vessel charms with its distinct Ruyi style lotus petals. 銅質細沉，栗紅色皮，凝潤肅穆。圓口平唇，筒式腹，腹壁兩側出 一對夔龍耳，近底部漸斂，下承淺圈足，底部中央署方框「瀾柳書 堂」雙行四字篆體陽文款。是件銅爐近口緣外壁與底部各飾有兩道 寬帶紋，上端寬帶紋下飾一匝如意雲頭紋，下端寬帶紋之上壓飾一 圈蓮瓣紋。全器除造型線條外，刻意以如意蓮瓣紋增添華彩，別有 不同風味。

9039 A BRONZE CENSER WITH CAPRICORN EARS Qing Dynasty D: 10.5 cm W: 659 g

HK$ 850,000-1,300,000 NT$ 3,441,000-5,263,000 US$ 109,600-167,600 清 摩羯魚耳圈足爐

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Pure quality bronze with a blushing red surface and dark brown patches. On the bottom, a more reddish, yellow bronze is visible.

The entire piece is glowing, smooth and tender. Starting with the round opening, the lip is slanted slightly inward yet is still round and smooth. Moving down, there is a narrowed neck, a round abdominal and a pair of assuming capricorn heads with pointy noses on either side of the neck. On the bottom, the eight characters, "Made in the Xuande Period by Wu Bang Zuo," are written across two lines of regular script and are embossed in a rectangular frame. The strokes of the calligraphy are smooth and the form is both delicate and beautiful. This bronze censer is simple with soft lines, yet bold with its perfect roundness, especially with the beautiful and lively elephant heads imbuing it with charm and spirit.

Wu Bang Zuo was a famous bronze craftsman during the Xuande Period, although his date of birth and death are unknown. It is said that not only was he the official supervisor of the craftsmen, but also the designer of all the different styles and colors of the censers. Wu Bang Zuo made a great amount of bronze vessels for the royal and common temples. At the same time, he "illegally" made some bronze censers for sale, too. His bronze censers are absolutely exquisite and widely cherished. 銅質精純，表面呈胭脂紅，局部有深褐色斑，底部露出赤黃色銅 胎，通體寶光漫溢，滋潤柔美。圓口，唇面微內斜，惟圓滑依舊。 束頸圓腹，頸壁兩側出一對尖鼻昂揚的摩羯魚耳。腹部造型飽滿， 腹下漸斂，下承高圈足，圈足內署長方框「宣德五年吳邦佐造」雙 行八字楷書陽文款，款識筆法圓柔，結體俊秀。是件銅爐造型簡 練，線條柔美，但清秀之餘又有一分渾圓的自信氣度。特別是摩羯 魚神秘的瑰麗意象，更令全器展現一種魅力四射的肅穆動感。 吳邦佐，宣德時期鑄銅名匠。生卒年不詳。據悉為冶煉、鑄造宣德 爐的督造官，也是爐式、款式、色種的設計者。吳邦佐曾為宮廷宗 廟、社堂，鑄造了大批銅器，但同時亦「私鑄」了銅爐出售，所造 銅爐精妙絕倫，為世人所珍。

9040 A BRONZE TRIPOD CENSER Qing Dynasty D: 9 cm W: 899 g

HK$ 65,000-100,000 NT$ 263,000-405,000 US$ 8,400-12,900 清 銅鬲式爐

Made with solid bronze, this beautiful yet simple piece has a fine skin and dark pear coloration. It starts with a plate-like opening with raised rim, narrowed neck and full shoulders, followed by a flat drum abdominal and a round base supported by three small short legs. On the bottom, the four characters, "Plaything of the Jade Hall," are written across two lines in seal script and are embossed in a square frame. This elegant and solid bronze censer exhibits the principal rules of harmony with its form and contours. It therefore possesses a fitting aesthetic essence for censers. 胎實皮佳，通體呈古梨皮色，典麗古樸。盤口起邊唇，束頸豐肩， 扁鼓腹，圜底，下承三短乳足，底部署方框「玉堂清玩」雙行四字 篆體陽文款。是件銅爐雅巧碩實，造型與線條皆以和諧圓融為最高 指導原則，符合宣爐的美學旨趣。

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9041 A BRONZE BOWL CENSER Qing Dynasty D: 8.2 cm W: 741 g

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600 清 銅鉢式圈足爐

Smooth and fine with tea colored skin, this beautiful and elegant censer feels solid in the hand. Starting from the top is a round opening with a raised rim and full shoulders, followed by a round abdominal that narrows gradually into a shallow round foot. On the bottom, two characters, "Elegant Plaything," are written in seal script and embossed in a rectangular frame. The unadorned censer has a simple elegance with ever-changing curves, leaving behind a lingering charm. 質地精潤細密，手感沉穩，蠟茶色銅皮，清麗古雅。圓口起唇緣， 豐肩圓腹，腹下漸收，下承淺圈足，圈足內署長方框「雅玩」二字 篆體陽文款。是爐素雅光潔，不施任何裝飾紋樣，然變化萬千的圓 弧線條，已然令人意味綿長。

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9042 A BRONZE SUNFLOWER-PETAL BELLY TRIPOD CENSER WITH BRIDGE EARS Qing Dynasty D: 10 cm W: 762 g

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600 清 銅橋耳葵瓣腹三足爐

Fine quality bronze with chestnut colored skin, smooth and glowing.

The piece has a round opening with a pair of bow-shaped bridge handles protruding from the rim. The outline of the bridge handles flows delicately. Below the rim is a narrowed neck and bent shoulders. The wall of the abdominal is made in the shape of six sunflower petals, giving the vessel a lively and plump sense of nature.

Under the round bottom supported by three small legs, the three characters, "Hall of Swaying Willows," are written across two lines in seal script and are embossed in a square frame in the middle. 銅質精純，皮色呈栗殼色，潤澤瑩華。通體圓口，口緣兩側上端出 一對弓彎的橋耳，橋耳線條纖細流轉。口緣下束頸折肩，腹壁做葵 瓣腹，葵瓣六朵，形塑鮮活豐腴的自然意象。圜底，下承三乳足， 底面中央署方框「瀾柳堂」雙行三字篆體陽文款。

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9043 A BRONZE TRIPOD CENSER WITH TWO EARS Qing Dynasty D: 12.7 cm W: 1764 g

HK$ 60,000-90,000 NT$ 243,000-364,000 US$ 7,700-11,600 清 銅扳耳押經爐

Dense and solid bronze, the censer has a pear colored façade with a hint of red amidst the brown. It is stately and strong piece consisting of a round opening with a flat rim, narrowed neck and shoulders that drop into a flat round abdominal. Below the abdominal, it gradually narrows onto a round base with three small legs. On the bottom, the four characters, "Made in the Xuande Period," are written in seal script and are embossed horizontally in a square frame. A pair of square-ish Ban handles extend out from either side of the censer.

Along with the plump legs and drooped abdominal, these elements give the bronze censer a heavy and solid look that leaves viewers in awe. 銅質密實，表面呈熟棠梨色，褐中閃紅，端莊穩健。全器圓口平 唇，束頸溜肩，扁圓腹，腹下漸收，圜底，下承三乳足，底面署方 框橫書「宣德年製」四字篆體陽文款。是件銅爐兩側出一對線條方 折的扳耳，又足腿豐腴，腹部略顯下垂，種種條件共同營造出押經 爐沉重厚實的視覺觀感，美哉。

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9044 A BRONZE CENSER WITH BRIDGE EARS Qing Dynasty D: 12.5 cm W: 955 g

HK$ 50,000-75,000 NT$ 202,000-304,000 US$ 6,400-9,700 清 銅橋耳三足爐

Fine quality pure bronze, glistening with gold like scrolls of Tibetan scripture. The piece has a round opening with a raised rim. A pair of bridge handles pull out from either side of the rim, as lively and beautiful as that of a jade belt. Below the rim is a short neck and shoulders that drop straight to a drooped abdominal, followed by a round base supported by three small legs. On the bottom, the six characters, "Made in the Xuande Period of the Ming Dynasty," are written across three lines in seal script and are embossed in a square frame. 銅質精純，通體呈藏經紙色，金光閃閃，晶瑩深邃。全器圓口起唇 緣，口緣兩側上端出一對橋耳，橋耳線條玉帶美形，俊逸飛動。口 緣下短頸溜肩，腹部重心下垂，圜底，下承三乳足，底面署方框 「大明宣德年製」三行六字楷書陽文款。

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CHINESE WORKS OF ART (HONG KONG)

The following provisions are entered into by and between Ravenel Auction Hong Kong Limited, , as the auctioneer(hereinafter referred to as “the Company”) and the Seller (hereinafter referred to as the “Seller”). This Agreement is also entered into by and between the Company as the agent of the Seller and the Buyer (hereinafter referred to as the “Buyer”). The Prospective Buyer, the Buyer and the Seller must carefully review and completely agree all provisions hereunder and any revisions from time to time. The Buyer should pay special attention to Article 2, Section 5which provides limitations as to the legal responsibilities of the Company.

Article 1.Definition Some of the phrases commonly seen herein are defined as follows: 1. “The Buyer” shall mean highest bidder accepted by the Company.

2. “The Prospective Buyer” shall mean any potential bidder willing to attend the auction sale hosted by the Company.

3. “The Seller” shall mean the mandator who provides the Lot and agrees to appoint the Company as its exclusive agent to sell the Lot at the Auction and participate, and cooperate, in exhibitions prior to the Auction if so required by the Company.

4. “The Lot” shall mean the item delivered to the Company to be sold in an auction, especially the single or multiple pieces of items numbered in the catalogue.

5. “Hammer price” shall mean the highest bid with respect to one particular auction item accepted by the auctioning party.

6. “The Buyer’s Premium paid by the Buyer” shall mean the fee based on a certain percentage of the Hammer price paid by the Buyer; the percentage shall be as prescribed in Article 2, Section 4a.

7. “The Reserve Price” shall mean the lowest price agreed by the Company and Seller. The Lot cannot be sold at a price lower than such price.

8. “Counterfeit” shall mean the Lot constitutes imitation and the original concept of the imitation and its overall execution result in fraud to cause deception in connection with the author, history, year, age, culture or origin of the Lot, for which the accurate description is not reflected in the catalogue and the value of the Lot on the auction day is far less than the value it should have according to the description in the catalogue. Therefore, no auction item will become a counterfeit as a result of any damage and/or any repairing in any manner (including repaints).

9. "Insured amount" shall mean the value of the insurance purchased for the Lot which the Company considers necessary under its absolute power from time to time (regardless whether such insurance is purchased by the Company).

Article 2.The Buyer 1. The Company as the Agent The Company, as the auctioning party, shall act as the agent of the Seller. Except otherwise provided, items successfully sold in the auction held by the Company shall be bound by the agreement made by and between the Seller, through the agency of the Company, and the Buyer.

2.Prior to the Auction a. Authentication We strongly recommend that the prospective buyers conduct their own authentication for the items they are interested in bidding prior to the auction. We provide no guarantees to the buyer including but without limitations whether the Lot is a counterfeit or the authentication of the Lot’s certificates (with the exception of the guarantee with regard to counterfeits as defined in Article 1 of the Transaction Agreement). b. Important Notice Attention, the Prospective Buyers: As far as possible, the descriptions of auction items will mention obvious defects of the items; however, they do not necessarily include all flaws, defects, or incomplete aspects. The Company does not guarantee that the Lots on auction are in good working condition and the descriptions in the catalogue must not be construed as implying such. The description of the auction items also do not imply that the items have not gone through readjustment or repair or allude anything about the current state or storage conditions of the items. Any omission in the catalogue description regarding the current condition or the appraisal of defects in the items by no means represent that those items are in good condition, function normally, or that there will be any free repair or replacement of parts. We strongly recommend the Prospective Buyers to personally view the items for which they plan to bid before the auction itself. If a Prospective Buyer is unable to view an item for whatever reason, then in our role as a service provider, we would be more than happy to offer our opinion of an item’s special characteristics and current condition. However, the Company is not a professional restorer of the Lots; therefore, any description in the catalogue or any statement provided by the Company is purely the Company’s subjective opinion and not a statement of fact, not for representations or warranties.

The Prospective Buyer completely understands and acknowledges that all of the items on auction are being sold in “as is” condition.The Company does not provide any representation or guarantee as to the conditions of any of the items. Unless otherwise stated in laws of Hong Kong, the Company does not provide any warranty with the items. c. Symbol Key The following key explains the symbol you may see inside this catalogue.  Premium Lot In order to bid on “Premium Lots” the Buyer must complete the required pre-registration application and deliver to The Company such necessary financial references, guarantees, deposits and / or such other security as The Company’s may in its absolute discretion require for your bid. The Companydecision whether to accept any pre-registration application shall be final. We recommend you complete and return the Lot pre-registration form in this catalogue in the manner required therein or contact the Company at least 5 working days prior to the relevant sale in order to process the pre-registration. Please bear in mind that we are unable to obtain financial references over weekends or public holidays. The Company will provide a special paddle number for the register of “Premium Lot”. ○ Guaranteed Property The Seller of the Lots with this symbol next to the Lot number has been guaranteed a minimum price from one auction or a series of auctions. This guarantee may be provided by the Company, by a third party or jointly by the Company and a third party. A guarantee may be in the form of an irrevocable bid provided by a third party. Third parties providing or participating in a guarantee may benefit financially if a guaranteed Lot is sold successfully and may incur a loss if the sale is not successful. If third parties providing or participating in a guarantee is the successful bidder for the guaranteed Lot, they should be required to pay the full Buyer’s Premium.

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d. Catalogue Explanations Any statement of the author, history, date, year, size, material, ownership, authenticity, origin, condition of preservation or estimated selling price of any of the Lots and certificates thereof shown in the catalogue or the authentication opinion made by the Company, or any other verbal or written statements made separately shall be solely statements of opinions and shall not be deemed the basis for the statements of actual fact. The photographs shown in the catalogue shall serve as reference only and shall not be deemed as the basis for determining the color or tone of any Lots or disclosure of the defects of such item. The estimates of the auction price shall not be deemed the price at which such item will be successfully sold or the statement of the value of the item for other purposes.

Many auction items fail to maintain their perfect condition because of time and other environmental factors. Some of the explanations in the catalogue or the authentication opinions will state defects and/or the repair background of the Lots. Such information is meant for reference only. Missing information in the statements does not mean the Lot has no defects or has not been repaired. Any statement of one particular defect does not mean there is no any other defect. e. Responsibility of the Buyer The Buyer is responsible for clarifying and satisfying himself about the condition of the items and any related matters stated in the catalogue descriptions and making his/her own judgment or estimation independently regarding the items.

3. In the Auction a. Refusal of Admission The auction is held at the premises of the Company or any location where the Company has control of for the auction. The Company has full discretion to exercise the right to refuse entry to the premises for the auction or to prevent participation in the auction. b. Registration Prior to the Bidding The Prospective Buyers must fill in and sign the registration forms prior to the bidding and provide personal identification. The Prospective Buyers should also note that the Company may be requested to conduct credit checks against Buyers. c. The Bidder is the Buyer Unless a written agreement has been made upon registration that the bidder will be the agent who acts on behalf of a third person and such third person is accepted by the Company, the bidder will be deemed as the Buyer who will bear individual legal responsibilities. d.Commission Bids The Company will make the proper effort to bid for the Prospective Buyers who instruct us to bid on their behalf by using the forms attached to the explanations of the catalogue; provided, however, bid commission instructions are delivered to the Company prior to the auction. If the Company receives several commission bids for one particular item, with all bid prices being equal and of the highest bid price at the auction, priority shall be given to the Buyer whose bid commission is delivered to the Company first. Commission bids are subject to auction conditions. The situation at the auction may prevent the Company from making the bid as commissioned. This is a free service provided by the Company to the Prospective Buyers pursuant to the provisions prescribed. The Company will not be held legally liable if it fails to make the bid as commissioned. The Prospective Buyers should attend the auction in person if they wish to ensure a successful bid. e. Bid by Phone The Company will make proper effort to contact the bidder so he can participate in the auction by phone if the Prospective Buyer makes arrangements with the Company prior to the auction. However, the Company will bear no responsibilities to the Seller or any Prospective Buyer if no contact is made or any failure to participate in the auction by phone under any circumstances. f. Online Bids via LiveAuctioneers If the bidder cannot attend the auction, it may be possible to bid online via LiveAuctioneers for selected Lots to bear individual buyers’ responsibilities. This service is free and confidential. For information about registering to bid via LiveAuctioneers, please refer to ravenel.com.

Bidders using the LiveAuctioneers service are subject to the additional terms and conditions for online bidding via LiveAuctioneers, which can be viewed at ravenel.com and be revised by the Company from time to time. g. Exchange Rate Conversion Board There will be an exchange rate conversion board operating at the auctions. The exchange rate is calculated at the exchange rate of the one-month future goods reported to the Company from the bank when starting business on the day of the auction. Nonetheless, the auction will still be conducted in HKdollars. The exchange rate conversion board is not absolutely reliable and for the reference only. The accuracy of either the Lot numbering shown on the board or the equivalent of the bid price in any foreign currency is not within the control of the Company. The Company will not be responsible for any losses caused by the reliance of the Buyer on the exchange rate conversion board. h. Recorded Images There is image projection in the auctions; however, errors may occur during the operation.

The Company is not liable for the color accuracy of the reproduced image and whether the projected image corresponds to the item being auctioned. i. Determining Power of the Auctioneer The auctioneer has the absolute power to reject any bid, push for bids at his discretion, withdraw any auction items, separate or combine two or more auction items, and if there is any error or dispute, re-auction the items.If the auctioneer announcethe points for attention before the auction or the bidding, the Buyer shall pay attention for any announcement as its own responsibility. j. Successful Bids Under the sole discretion of the auctioneer, the fall of the hammer indicates the acceptance of the highest bid price, i.e., the Seller and the Buyer enter into a successful auction agreement.

The Buyer shall be responsible to the Seller for performing the obligations and responsibility of a Buyer.

4. Following the Auction a. The Buyer’s Premium of Each Lot Payable by the Buyer (1)The Buyer should pay the hammer price and, in addition, the Buyer’s Premium to the Company. For hammer price below HK$ 8,000,000 (inclusive), the Buyer’s Premium should be calculated at 20% of the hammer price.

(2)For hammer price higher than HK$ 8,000,000, total amount of the Buyer’s Premium should be that the first HK$ 8,000,000 of the hammer price should be calculated at 20% and the rest of the amount of the hammer price should be calculated at 12%. b. Taxes All the payments payable by the Buyer to the Company do not include any government tax any commodity or service taxes or any other value added taxes. The Buyer should be responsible for paying any applicable taxes as required by the law. c. Payment The Buyer should provide his name and permanent address to the Company upon the successful bid. Relevant bank information, including but without limitations the payment account, should also be provided upon request. All payments due (including the hammer price,

Buyer’s Premium and any applicable taxes) should be paid within 7 days following the auction date. The aforesaid provision also applies if the Buyer intends to export the Lot and (may) need the export permit.

If the Buyer fails to pay to the Company all the payments due, the Buyer will not acquire the ownership of the Lot even if the Company has delivered such item to the Buyer. If the payment to The Company are made in any currency other than HK dollars, the Company will collect from the Buyer any foreign exchange expense incurred therefrom, including bank charges and foreign exchange Buyer’s Premiums. The exchange rate of the payments to the Company in any currency other than HK dollars should be the exchange rate reported by the Hong Kong and Shanghai Banking Corporation (HSBC) to the Company on the auction date and should be based on the certificates issued by the Company according to such exchange rate. d. Collection of the Lot Sold Unless otherwise agreed by the Company, the Company will hold temporarily the successfully sold Lots until all payments to the Company are made in full. The Lot will be covered by the insurance of the Company from the auction date for 7 days during the temporary holding period. The insurance coverage will terminate upon earlier collection of such item. The Buyer should be responsible for all risks following expiration of the said 7-day period or the collection (whichever is the earlier). e. Packaging and Transportation The Buyer is requested to note that he should bear all the risks after expiration of the said 7 days period or from collection of such items(whichever is the earlier), without prejudice to the Company’s right. f. Referral of Packaging or Transportation Companies The shipping department of the Company may act as the agent of the Buyer to arrange for delivery. Although we can refer freight forwarders upon special request, the Company will not be held liable for any legal responsibilities in this regard.And the Buyer shall prepay the freight charges. g. Remedies for Non-Payment of Items Sold The Company is entitled to exercise one or more of the following rights or remedies if the Buyer fails to make payment within 7 days following the auction date: (1)An interest at the annual rate of no higher than 10% plus the base interest rate of Hong Kong and Shanghai Banking Corporation (HSBC) will be imposed on all of the payment due if payment is not made within 7 days following the auction date. Besides, we have the right of charging also 1% selling price (including of hammer price and the commission) multiplied by the number of delayed days as fine for the default. The payment to be made by the Buyer mayoffset any payment owed by the Company or its subsidiaries to the Buyer for any other transactions upon the Company’s sole decision.

(2)To exercise lien of any items owned by the Buyer and held by the Company for any purposeincluding but without limitations other transactions. The Company may arrange to sell such items after serving a 14-day notice to the Buyer about his non-payment. The proceeds shall make up for the payment due.

(3)If the Buyer owes the Company several payments as a result of different transactions, the payments will setoff any payments due in any particular transaction, regardless of whether the Buyer specifies to setoff such payments.

(4)Refuse the Buyer to make, or to make on behalf of others, bids in any future auctions and/ or to require a security deposit from the Buyer before accepting any future bids from him.

If the Buyer fails to make payment within 35 days, the Company is entitled to exercise one or more of the following rights in addition to the aforementioned: (a)To bring legal proceedings against the Buyer on behalf of the Seller to claim the entire payment due and the legal fees and attorney fees resulting from such proceeding based on a total claim. (b)Cancel the transaction of Lots bid by the Buyer or any other auction items sold to the Buyer at the same or any other auctions. (c)To arrange a public or private re-sale of the Lot. If the re-selling price is lower, the difference will be claimed against the Buyer together with any cost incurred as a result of the non-payment by the Buyer. h. No Collection of the Lot Sold The Company will arrange for the storage of the Lot if such item sold is not collected within 7 days following the successful auction, regardless of payment. Such storage cost will be borne by the Buyer. Only when the storage, shipping, insurance cost and any other expenses together with any other payments due to the Company are paid in full can the sold Lot be collected. i. Export Permit Except where otherwise agreed in writing by the Company, the fact that the Buyer’s wishes to apply for an export permit does not affect the Buyer’s responsibility to make the payments in 7 days following the auction date; nor does it affect the Company’s right to impose interest on delayed payments.

If the Buyer requests that the Company applies for the export permit on his behalf, the Company is entitled to collect monies made in connection with such an application and any miscellaneous expenses together with any relevant value added taxes.

If the Buyer makes the payment regardless of the fact that an export permit is needed, the Company is not responsible for returning to the Buyer any interest or other expenses incurred therefrom.

5. The Legal Responsibility of the Company The Company is responsible for returning payment to the Buyer pursuant to Article 2, Section 6.

Otherwise, whether the Buyer, the Company, any employees or agents of the Company will not be held liable for any statements of the author, history, date, year, ownership, authenticity or origin of any auction item or any errors with respect to any explanations and any flaws or defects of any auction item. The Buyer, the Company, the employees or the agents of the Company make no guarantee impliedly or explicitly with respect to any auction items. Any warranty of any kind shall not be included herein.

6. Return of Payments for Counterfeits The transaction will be cancelled and payments made before remit to the Seller will be returned to the Buyer if the Lot of the Company is confirmed to be a counterfeit by the professional appraisal party agreed and recognized by the Company in writing. However, if: a. The catalogue explanations or the notice at the auction distributed on the auction day corresponds to the opinions generally accepted by the academic or professional fields or explicitly indicates it conflicts with the opinions generally accepted by the academic or professional fields; or b. The method used to prove that the Lot is a counterfeit is a scientific procedure not generally accepted for use before the publication of the catalogue or a procedure unreasonably expensive on the day of the auction, or impractical, or may cause damage to the Lot; the Company is not liable for the return of any payment under any circumstances. In addition, the Buyer’s payment can only be refunded when the following terms are met: 1. The Buyer must notify the Company in writing within 10 days following the auction day that he considers the relevant auction item a counterfeit. The Buyer must return the Lot to the Company within the following 14 days after notice and the said notice and the condition of the item must be the same as on the auction day and without any damage.

2. Upon returning the Lot, the Buyer must present evidence as soon as possible to convince the Company that the Lot is a counterfeit (The Company has the final and sole discretion and decision and such decision shall not be objected in this regard). The Buyer may also assign the good ownership of the Lot to the Company, which shall not concern any third party claim.

Under no circumstances is it necessary for the Company to pay the Buyer an amount more than what the Buyer pays in connection with the Lot and the Buyer can not claim interests.

The interests of the warrantee cannot be assigned and belong solely to the Buyer who receives the original invoice on which such Buyer’s name is recorded from the Company when the Lot is sold.

Such Buyers shall remain the owner of the auction Lot and cannot assign any interest of the Lot to any other person. The Company is entitled to ascertain that the Lot is not a counterfeit based on a scientific procedure or any other procedure, regardless of whether such procedure is being used on the day of the auction.If the result of appraising and verifying whether the Lot is a counterfeit by the Company conflicts with the evidence provided by the Buyer, the Company’s said result shall prevail over the evidence provided by the Buyer.

Article 3.The Seller 1. The Company as the Agent The Company acts as the agent of the Seller at a public auction. The Closing Agreement of the Lot is the agreement by and between the Buyer and the Seller, through the agency of the Company on behalf of the Seller. The Seller shall be responsible to the Buyer for performing the obligations and responsibility of a seller.

2. Expenses The Seller shall bear costs relating to the following: a. Packing of the Lot and shipping to the Company for the auction b. Any applicable shipping insurance c. The packaging and shipping if the item is delivered back to the Seller. Any applicable custom duties d. Insured under the Company art relic insurance policy (explained in detail later) indicate cohere (we point below) e. Any repairs made to the Lot as per prior agreement with the Seller f. Authentication made by independent professionals appointed by the Company which the Company believes to be necessary in preparing the catalogue explanations. g. Any independent professional opinions appointed by the Company which the Company deems proper h. The storage, loading and unloading and custody of the Lot after the auction (if applicable) i. The administration cost of the Company reaches the total amount of 10% of all the expenses and 10% of the damages incurred as a result of client services provided. j. Any marketing and promotional expenses 3. Insurance Coverage to be Arranged by the Company a. Unless otherwise agreed by the Company, the Lot will be automatically insured under the the Company art relic policy in the amount as deemed appropriate and estimated by the Company.

However, the insured amount is not the amount the Company undertakes to be successfully reached during the auction. b. The Company will collect 1% of the hammer price from the Seller or 1% of the Reserve Price if the Lot is not successfully auctioned as the insurance fee. If the shipping is arranged by the Company, an additional amount will be collected by the Company from the Seller as the shipping insurance. Such amount varies depending on the individual condition of each auction item. The Company will refer a freight forwarder if necessary. However, in no event shall the Company be not responsible for any legal responsibilities and liabilities incurred therefrom. c. The Lot will remain insured up to 7 days after the auction date. If the Lot has not been sold, it will be at the Seller’s risk upon the expiry of 7 days. d. We are unable to accept responsibility for damage caused by woodworm or changes in atmospheric conditions, moisture, force majeure or unforeseeable conditions, or any reason not attributable to the Company.

4. Insurance Purchased by the Owner If the Seller instructs the Company specifically that it is unnecessary to purchase insurance for the Lot, the risks shall be borne entirely by the Seller until the Buyer makes all the paymentsand the Lot is delivered to the Buyer. The Seller must indemnify the Company, the employees and agents of the Company and the Buyer (if applicable) any claims in connection with the auction against the Company, the employees and agents of the Company and the Buyer, regardless of the cause of such claim, without any conditions. The Buyer must be responsible and also pay for the expenses incurred as a result of such claim if requested by the Company, the employees and agents of the Company and the Buyer, even if such expenses are made as a result of negligence by the Company, the employees and agents of the Company and the Buyer without proof of legal responsibility. The Seller must informby himself/herself the underwriter of the Seller the provision herein.

5. Commitments Made by the Seller with Respect to the Lot The standards for the Company to handle the Lots are provided hereunder. These standards also stipulate and limit the sale relationship between the Seller and Buyer. In the event such standards are incorrect in any aspect, the Company or the Buyer may bring legal actions against the Seller.

The Company should base the purchase and handling of auction items on the following undertaking made by the Seller: a. The Seller is the only legal owner of the Lot and has the unlimited rights to assign his ownership to the Buyer which should not concern any third party right or claim (including but without limitations copyright claims, liens, mortgage). b. The Seller complies with all the laws in connection with the import and export of auction items and any other laws and has notified the Company in writing any failure to comply with such rules in the past. c. The Seller has notified the Company in writing of any major modifications in the Lot to the best of his knowledge and any concern the third party has raised with respect to the ownership of the Lot and the condition.

In the event of any inaccuracy of the above a, b and c now or in the future, the Seller must guarantee, if requested, to identify fully the Company and/or the Buyer all the claims, legal fees, attorney fees or other costs and expenses arising herefrom, whether caused by the Lot or the auction proceeds.

6. Auction Arrangements a. The Company has absolute discretion over the description of the auction in the catalogue, display layouts, authentication opinions, location and method of the auction, who will be allowed to bid and the acceptance of the bid price, whether to seek professional opinion and whether to combine or separate the Lots. b. Any price estimates, whether verbal or written are strictly opinions and shall not serve as a guarantee of the final price for the Lot to be sold. c. The Seller cannot withdraw the sale of the Lot without obtaining the prior written consent from the Company. The Company reserves the right to withdraw, suspend, or terminate the sale and authorization of the Lots for the following reasons. These reasons include: 1. The Company is doubtful about the definition or authenticity of the Lot or the accuracy of the statement referred to in Articles 5a, b. or c; or 2. Any violations of the Transaction Agreement; or 3. The Company deems it inappropriate to include the Lot in the auction.

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d. Withdrawal of Mandate or Authorization (1)The Seller may not withdraw, suspend or terminate his/her/its mandate for the Item(s) or the authorization to the Company under this Agreement without prior written consent of the Company.

(2)In the case of such withdrawal, suspending or termination stated in paragraph A, the Seller shall pay the Company an amount equivalent to 40% of the Reserve Price as punitive damages in addition to the compensation for damages or economic loss to the Company.

(3)In case of default or breach of this Agreement, the Company may cancel or terminate this Agreement anytime and the Seller shall also pay all costs and expenses incurred by the Company under this Agreement.

7. Auction Rules a. The Company will auction the item according to the Reserve Price. The Reserve Price may not be higher than the minimum of the estimates set in the catalogue except otherwise if the Reserve Price agreed is in a currency other than HK dollars and the ReservePrice is higher than the minimum of the estimates caused by the exchange rate fluctuation between the Reserve Price agreement day and the auction day. Under such circumstances, except where otherwise agreed by the Company, the ReservePrice shall be in HK dollars calculated by the exchange rate at the closing of the market the day immediately before the successful auction. b. If the bid price is lower than the ReservePrice, the Company is in no way to be held liable; however, the Company is entitled to auction the item at a price lower than the ReservePrice. If the Company so auctions the item, the Company is responsible to pay the Seller the difference between the closing price and the ReservePrice. c. The Seller may not increase the price with his own or other third parties’ name, nor participate in the bidding of his/her/its auction item(s)with his own or other third parties’ name, however, The Company is authorized to bid on behalf of the Seller at the price not higher than the Reserve Price.

8. After the Successful Auction a. Settlement Upon the successful auction, the Company will request the Buyer to make full payment no later than within 7 days following the auction date, including the compensation payable by the Buyer. Upon payment by the Buyer, unless the Company receives a notice claiming such auction item is a counterfeit (as defined in Article 2 of the Transaction Agreement) or other necessary conditions, the Company will remit to the Seller within 60 workdays following the successful auction day an amount equal to the closing price taking away all the expenses payable by the Seller. In the event the Buyer delays the payment, the Company will remit to the Seller within 7 workdays following the payment in full by the Buyer.

Unless otherwise instructed by the Seller in writing, the Company will make its payment in HK dollars. If the Seller requests to pay in currencies other than HK dollars, the exchange rate should be according to what the Hong Kong and Shanghai Banking Corporation (HSBC) reports and the Company announces on the auction date. b. Closing of the Transaction and Handling Fee (1)The transaction is closed when the Buyer has paid the Company in full after the auction.

(2)The handling fee is payable to the Company after the closing of the transaction. c. Non-payment by the Buyer If the Buyer fails to make all the payments due within 7 days following the auction day, the Company is entitled to negotiate special terms in connection with the payments, storage, and insurance on behalf of the Seller and act as deemed necessary by the Company to collect payments payable from the Buyer.Any and all damages, costs, expenses or fees incurred shall be borne by the Seller. However, the Company is not responsible for making payment to the Seller nor for bringing any legal actions on behalf of the Seller. The Company will discuss with the Seller to adopt appropriate actions to claim auction payments from the Buyer. d. Counterfeits If the Buyer convinces or make the Company doubt that the Lot is a counterfeit (as defined in Article 1 of the Transaction Agreement) or stolen good or involved in any illegality within ten (10) days after the Buyer settles all payments and collects the Lot from the Company, the Company will return the hammer price (The Company may deduct the reasonable expenses and fees incurred) received from the Buyer and the Lot will be returned to the Seller or forwarded to the Police for handling. The Seller shall not object to the Company’s decision and handling in accordance with this Lot and make any claim or allegation. The Company will notify the Seller of such matter and the Seller shall return to the Company without objection the entire payment received within three (3) days of such notification, and shall pay the Company fees and expenses, and any and all losses, damages or related expenses and fees. In case that the Seller’s failure of payment and compensation obligations, the Seller shall pay the interest for delay of the entire payment by the best saving rate of the Hong Kong and Shanghai Banking Corporation (HSBC)plus ten percent (10%) per annum.

In addition, the Company may collect one percent (1%) of the total amount of the hammer price plus the Buyer’s Premium paid by the Buyer as the compensations for breach of contract. The Company may decide to offset the Seller’s payment payable to the Company from the Company’s or other subsidiaries’payments due to the Seller in other transactions. e. Items Not Successfully Auctioned (1)Any items not successfully auctioned, not included in the auction or withdrawn from the auction for any reason must be collected by the Seller within 35 days upon notification by the Company to the Seller that he must reclaim the Lot. (2)A storage fee of HK$300 per day per piece will be imposed on each item not collected after such 35 day period together with an additional charge for purchasing insurance coverage.

The Seller may not reclaim such item until all the payments due are made.

(3)Such items may be removed to a third party warehouse if not collected in 60 days after the notification of collection is issued. The expenses arising therefrom shall be borne by the Seller.

(4)The Company may dispose of the Lot in the manner it deems appropriate if such item is not collected within 90 days following the auction date or the notice date (whichever is the earlier). Such disposal includes removing the item to a third party warehouse with the associated expenses borne by the Seller and to auction such items under terms deemed appropriate by the Company (including the terms of estimates and the ReservePrice). The Company will pay the Seller the auction proceeds after payments owed are offset.

(5)The Company is authorized to act as the sole agent of the Seller within 2 months following the auction for any auction item withdrawn from the auction or not sold. The Company may auction in private the item based on net amount the Seller may receive (the amount after deducting all the expenses payable by the Seller) or sell such item in private at a lower price agreed upon by the Company and the Seller. The Company has the rights to offset all expenses payable by the Seller in advance. Under such circumstances, the Seller’s responsibilities and liabilities to the Company are the same as during an auction.

9. Photographs and Display The Seller agrees the Company have rights to make the photographs, illustration, recordings and other reproduced images of the Lot. The Company owns all rights to the photographs, illustration,recordings and other reproduced images of the Lot made by the Company. All the rights(including but without limitation the copyright) of such images shall belong to the Company and the company is entitled to use such images in any manner it deems appropriate,and the Seller has no objection.

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10. Taxes a. According to the tax laws of Hong Kong, The Company shall submit to the competent revenue agency the name of the Sellerand other relevant documents supplied by the Seller. b. If the Seller is a Hong Kong resident (corporation or individual), according to the tax laws of Hong Kong, no withholding amount of the profit tax will be deducted. However, The Company shall reserve the rights to claim for the tax amount and other related expenses (including but not limited to interests, penalty) from the Seller if the representation made or document provided by the Seller is not true. c. Where the Seller is a foreigner, the Seller agrees that The Company may deduct an amount equivalent to 0.5% of the hammer price or the Reserve Price (if the Reserve Price is higher than hammer price) and submit the deducted amount as Profits tax to the competent revenue agency. The amount to be withheld by The Company shall be subject to change once the applicable tax rate is adjusted.

Article 4.Terms Applicable to Both the Buyer and the Seller 1. Intellectual Property Rights Intellectual property rights (including but without limitations, the copyright or patent) of all the images, photographs and written material in connection with the Lot shall maintain and belong to the Company at any time. The Buyer or any person may not use such items without obtaining prior written consent from the Company.

2. Notices All the notices distributed according to the Transaction Agreement herein shall be made in writing. Any notice shall be deemed served to the recipient on the second day following delivery if sent by mail. If the recipient is abroad, the notice shall be deemed served on the fifth working day following delivery by mail.

3. Severability a. If any part of the Transaction Agreement is deemed invalid, illegal or unenforceable by any court, such part can be ignored and the rest of the Transaction Agreement continues to be valid and enforceable to the maximum extent permitted by the law. b. The conditions of the Buyer under Article 2 exclusively apply to the relationship between the Company and the Buyer, which the Seller shall not apply. And the conditions of the Seller under Article 3 exclusively apply to the relationship between the Company and the Seller, which the Buyer shall not apply.

4. This Agreement is entered into the parties in English and Chinese. If there is any conflict with two versions, the Chinese version shall prevail.

5. This Agreement may be revised or modified by the Company from time to time, and the Prospective Buyer, the Buyer andthe Seller agree to obey the revision or modification.

6. Jurisdiction The Transaction Agreement is governed under the Hong Kong laws and the interpretation and effect of the Rules shall be subject to the laws of Hong Kong. The Buyer and Seller shall submit themselves to the exclusive jurisdiction of the Hong Kong courts for the interests of the Company.

香港古董業務規則

本業務規則，為羅芙奧香港拍賣有限公司 (「本公司」)作為拍賣公司與賣家訂立合約之條 款，亦作為賣家之代理人與買家訂立合約之條款。準買家、買家及賣家務須細讀各項規則並 完全同意遵守本業務規則。準買家、買家請特別留意第二條第5項，其對本公司之法律責任作 了限定。 一. 本業務規則所用詞彙之定義 在本業務規則中，某些常用詞彙需加以解釋。此等詞彙定義如下： 1.「買家」：指本拍賣公司所接受之出價最高之自然人或法人。 2. 「準買家」：指任何有意參加本公司舉辦拍賣之任何自然人或法人。 3. 「賣家」：指將拍賣品獨家委託本公司於本公司舉辦之拍賣會參與拍賣之自然人或法人。 4.「拍賣品」：指交予本公司以供拍賣出售之物品，尤其在任何目錄內以任何編號描述之一 項或多項物品。 5.「落槌價」：指本拍賣公司就某一拍賣品而接受之最高出價之價款。 6.「買家佣金」：指買家按拍賣落槌價之某一百分比而支付之費用；收費率如第二條第4a項 所列。 7.「底價」：指本公司與賣家協定之最低價格，拍賣品不能以低於該價之價格售出。 8.「贋品」：指拍賣品構成模仿，而模仿之原構想及其整體執行均具有欺詐意圖，以就拍賣 品之作者、來歷、年代、時期、文化或來源進行欺騙，而對此等事項之正確描述並未在目 錄之描述上反映出來，而拍賣品在拍賣當日之價值，遠低於按照目錄之描述所應有之價 值。按此定義，任何拍賣品均不會因為有任何損壞及 或任何形式之修整而成為贗品。 9.「保險值」：指本公司不時按其絕對決定權認為拍賣品所應購買之保險之價值（不論保險 是否由本公司安排購買）。 二.買家 1. 本公司作為賣家之代理人 作為拍賣公司，本公司以作為賣家代理人之身分行事。除另行協定外，在本公司之拍賣中 成功拍賣之物品，即產生賣家通過本公司之代理與買家達成之合約。 2.拍賣前 a. 鑑定物品 本公司鄭重建議，準買家應於拍賣進行之前親自鑑定其有興趣競投之物品。除香港法例 (如商品說明條例)另有規定外，本公司不會就拍賣品及其證明文件之真偽對買家作任何 保證。 b. 拍賣品狀況之重要注意事項 請準買家注意，在可能的範圍內，目錄中對於拍賣品特性上之描述，皆已提及顯著的損 壞，惟不包括所有的缺陷、瑕疪與不完整。對任何拍賣品之描述亦不應視作表示其無經 過重整或修理，亦不應視作對拍賣品狀態或保存情況的陳述或保證。在目錄中若有狀態 陳述的缺乏或損害鑑定的缺乏，並不代表拍賣品是為良好狀態。本公司鄭重建議，準買 家在拍賣進行之前，對於有興趣競投之拍賣品狀況應經由親自檢閱，不應依據目錄中的 描述或陳述，因為任何在目錄中所列出的描述或陳述是為純粹本公司的主觀意見，並非 提供聲明或擔保。準買家知悉並瞭解所有拍賣品均以「現狀」售出。除香港法例(如商 品說明條例)另有規定外，本公 司對於任何拍出之拍賣品狀態不作任何承諾或保證。 c. 符號表示 以下為目錄中所載符號之說明 高估價拍賣品 為對「高估價拍賣品」（ ）作出競投，買家必須填妥拍賣品預先登記表，並向本公司 交付所需的財務狀況證明、擔保、存款證明及 或本公司可絕對酌情要求買家為競投須 作出的其他抵押。本公司對是否接受任何預先登記申請有最終決定權。本公司建議買家 在有關拍賣日期至少五個工作日前聯絡本公司，以進行預先登記。請注意本公司不能在 週末或公眾假期期間取得財政狀況證明。「高估價拍賣品」登記競投者，本公司將提供 特殊的競投牌號參與競投。 ○ 保證項目 拍賣品編號旁註有○ 符號者，表示賣家已取得本公司保證，可在一次或一連串拍賣中得 到最低出售價格。此保證可由本公司、第三方或由本公司與第三方共同提供。保證可為 由第三方提供之不可撤銷競投之形式做出。若保證拍賣品成功售出，提供或參與提供保 證之第三方可能會取得財務利益；惟銷售不成功時，則可能會產生虧損。若提供或參與 保證之第三方成功競投保證拍賣品時，他們仍需支付全額的買家佣金。 d. 目錄說明 本公司於目錄或鑑定意見書內對任何拍賣品及其證書之作者、來歷、日期、年代、尺 寸、材質、歸屬、真實性、產地、保存狀況或估計售價之陳述，或另行對此等方面之口 頭或書面陳述，均僅屬本公司主觀意見之陳述，不應依據為確實事實之陳述，亦不應視 為本公司對於任何拍賣品之狀態所作之承諾或保證。目錄圖示亦僅作為參考而已，不應 作為任何拍賣項目之依據，藉以決定其顏色或色調，或揭示其缺陷。拍賣價格之估計， 不應依據為拍賣品會成功拍賣之價格或拍賣品作其他用途之價值陳述。 許多拍賣品基於其年代或性質，使其未能有完美之狀況，目錄內有些說明或鑑定意見書 會提述拍賣品之損壞及 或修整資料。此等資料僅作為參考而已，如未有提述此等資 料，亦不表示拍賣品並無缺陷或修整，如已提述特定缺陷，亦不表示並無其他缺陷。 e. 買家之責任 有關拍賣品之狀況以及目錄說明所提述之事項，買家有責任自行查明並了解，並就拍賣 品為自己獨立之判斷及評估，確使自己感到滿意。 3.拍賣時 a. 拒絕入場 拍賣於本公司之場地進行，或於本公司為拍賣而具有控制權之場地進行，本公司具有完 全之決定權，可行使權利拒絕任何人進入拍賣場地或參與拍賣而無須作出任何解釋。 b. 競投之前作出登記 每一準買家在作出競投之前，必須填妥及簽署登記表格，並提供身分證明。準買家應注 意，本公司通常會要求對買家作出信用核查。 c. 競投者為買家 競投者將被視為買家而須承擔獨立之法律責任，除非登記時已經與本公司書面協定，競 投者僅為第三人之代理人，且該第三人須為本公司所同意接受者。

d. 委託競投 如準買家使用印於目錄說明之後之表格指示本公司代其競投，本公司將盡適當努力代 其競投，但代為競投指示須於拍賣前送抵本公司。如本公司就某一拍賣品而收到多個 委託競投之相等競投價，而在拍賣時此等競投價乃該拍賣品之最高競投價，則該拍賣 品會歸其委託競投最先送抵本公司之人。委託競投之承擔受拍賣時之其他承諾所限， 而拍賣進行之情況可能使本公司無法代為競投。由於此項承擔乃本公司為準買家按所 述條款提供之免費服務，如未能按委託作出競投，本公司將不負任何法律責任。準買 家如希望確保競投成功，應親自出席競投。 e. 電話競投 如準買家於拍賣前與本公司作好安排，本公司將盡適當努力聯絡競投者，使其能以電 話參與競投，但在任何情況下，如未能聯絡或無法參加電話競投，本公司對賣家或任 何準買家均不負任何責任。 f. 即時網上競投 若準買家未能出席拍賣會，或可透過 LiveAuctioneers 網上競投服務於網上競投指 定拍品，而承擔買方獨立責任。此項服務乃免費及保密。有關透過 LiveAuctioneers 網上競投服務登記，進行網上競投之詳情，請參閱本公司網頁 ravenel.com。使用 LiveAuctioneers 網上競投服務之準買家須接受透過 LiveAuctioneers 網上競投服務進行 即時網上競投之附加條款（可參閱羅芙奧 ravenel.com），以及適用於該拍賣之業務規 則所規範，本公司得隨時修改該業務規則。 g. 匯率轉換顯示板 拍賣會中，本公司會使用匯率轉換顯示板，然而競投仍會以港幣進行。匯率轉換顯示 板僅供參考，不論是顯示板所示之拍賣品編號或是港幣競投價之相等外匯，其準確程 度均可能會出現非本公司所能控制之誤差。買家因依賴匯率轉換顯示板（而非因以港 幣競投）所導致而蒙受之任何損失，本公司概不負責。 h. 錄映影像 在拍賣中會有影像投射，但其操作或會出現錯誤。不論影像是否與成功拍賣之拍賣品 相配合，或是如翻版影像之質素，本公司對買家均不負任何責任。 i.拍賣官之決定權 拍賣官具有絕對決定權，包括但不限於有權拒絕任何競投、以其決定之方式推動出 價、將任何拍賣品撤回或分批、將任何兩件或多件拍賣品合併拍賣，以及如遇有誤差 或爭議，將拍賣品重新拍賣。拍賣官會於拍賣開始前或於相關拍賣品競標前對應注意 事項作出通告，買家須自行注意此等通告。 j. 成功競投 在拍賣官之決定權下，下槌即顯示對最高競投價之接受，視為賣家與買家之成功拍賣 合約之訂立。買家即應對賣家負擔買受人之義務及責任。 4.拍賣後 a. 買家支付每件拍賣品之佣金費率 (1)買家除支付落槌價外，另須支付買家佣金予本公司，落槌價於港幣捌佰萬元以下 者（含港幣捌佰萬元），以20％計算。 (2)落槌價於港幣捌佰萬元以上者，採分二級計價，其中港幣捌佰萬元以20％計算， 超過港幣捌佰萬元之部份再以12％計算，加總計算佣金金額。 b. 稅項 買家應付予本公司之所有款項均不包括任何國家或地區稅賦、貨物或服務稅或其他稅 款。如有任何此等稅項適用，買家須負責按有關法律所規定之稅率及時間，自行繳付 此稅款。 c. 付款 成功拍賣後，買家須向本公司提供其姓名及永久地址。如遇要求，買方亦須提供付款 銀行之詳情，包含但不限於付款帳號。買方應於拍賣日期後起算七天內悉數支付應付 予本公司之款項（包含落槌價、佣金，以及任何適用之稅款及其他費用）。即使買家 希望將拍賣品出口並需要（或可能需要）出口許可證，此一付款條件亦適用。 買家如未向本公司支付應付之全部款項，則不能取得拍賣品之所有權，即使本公司已 將拍賣品交付予買家亦然。如支付予本公司之款項為港幣以外之貨幣，本公司將向買 家收取所引致之任何外匯費用。這包括銀行收費與兌換貨幣之規費及匯差。 以港幣以 外之貨幣付款予本公司之匯率，依拍賣日現場由香港匯豐銀行公佈之匯率，並以本公 司就此兌換率而發出之憑證為準。 d. 領取已購拍賣品 除非本公司另有特別相反協定，否則本公司將暫時保留已成功拍賣之拍賣品，直至所 有應付予本公司之款項已悉數由買家支付為止。拍賣品在暫時保留期間，由成功拍賣 日後起算七天將受保於本公司之保險，如屆時拍賣品已被領取，則受保至領取時為 止。七天期滿後或自領取時起（以較早者為準），拍賣品之風險全由買家承擔。 e. 包裝及搬運 本公司謹請買家注意，成功拍賣日後起算七天期滿後或自領取時起，拍賣品之風險全 由買家承擔，但不得損及本公司之權益。 f. 介紹裝運及運輸公司 本公司之貨運部門在買家要求下可為買家介紹運輸公司、安排付運及購買特定保險， 但本公司在此方面不負任何法律責任。買家必須預先繳付運送費用。 g. 不付款之補救辦法 如買家並未有在成功拍賣日後起算七天內付款，本公司即有權行使下述一項或多項權 利或補救辦法： (1)在成功拍賣日後起算七天仍未付款，則按不超過香港匯豐銀行最優惠利率加10%之 年利率收取整筆欠款之利息。此外本公司可同時按日收取依賣價（含佣金）1％計 算之違約金。本公司亦得自行選擇將買家未付之款項，用以抵銷本公司或其他附屬 公司在任何其他交易中欠下買家之款項，買方絕無異議。 (2)對任何屬於買家所有而因任何目的（包含但不限於其他交易）而由本公司管有之 物品行使留置權，並在給予買家有關其未付之欠繳之14天通知後，安排將該物品出 售並將收益用以清償該未付之欠款。 (3)如買家因多項不同之交易而欠下本公司數筆款項，將所付之款項用以清償就任何 特定交易而欠下之任何款項，而不論買家是否指示用以清償該筆款項。 (4)在將來的任何拍賣中，拒絕買家作出或由他人代其作出之競投，或在接受其任何 競投之前先收取買家一筆保證金。如買家未有在三十五天內付款，本公司除上述者 外，另有權為下述一項或多項權利或補救辦法： (a)代賣家針對買家進行法律程序，以追討整筆欠款，連同此項以悉數賠償為基準 之法律程序之訴訟費及律師費等相關費用。 (b)取消同一次或任何其他拍賣中買家競投得之拍賣品或任何其他售予買家之拍賣 品之交易。 (c)安排將拍賣品公開或私下重售，如重售所得價格較低，就差額連同因買家未有 付款而引致之任何費用一併向買家索償。 h. 未有領取已購拍賣品 如已購得之拍賣品未有被買家在成功拍賣日後起算七天內領取，則不論是否已付款， 本公司將安排貯存事宜，費用由買家承擔。而買方在付清所引起之貯存、搬運、保險 及任何其他費用，連同欠本公司之所有其他款項付清後，買家才可領取已購得之拍賣 品。

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i. 出口許可證 除本公司另有書面同意外，買家希望申請出口許可證之事實，並不影響買家在成功拍 賣日後起算七天內付款之責任，亦不影響本公司對延遲付款收取利息之權利。 如買家要求本公司代為申請出口許可證，本公司有權向其收回與此項申請有關之付出款 項及零碎開支連同任何有關之稅款。 如買家不管需要有出口許可證之事實而作出付款，本公司並無責任退還買家因此而引致 之任何利息或其他開支。 5. 本公司之法律責任 本公司僅在第二條第6項所列之情況下，得將退還款項予買家。除此之外，不論賣家或本 公司，或本公司任何僱員或代理人，對任何拍賣品之作者、來歷、日期、年代、尺寸、 材質、歸屬、真實性、產地、保存狀況或估計售價之陳述，或任何拍賣品之任何缺陷， 均不負有任何責任。賣家、本公司、本公司之僱員或代理人，不論明示或暗示，均無就 任何拍賣品作出任何保證。 6. 贗品/贓物之退款 如經本公司拍賣之拍賣品，經本公司書面認可之專業鑑定機構出具鑑定報告證實為贗品 或贓物，則交易將取消，已付之款項於交付賣方前將退還予買家。但如： a. 在拍賣日發出之目錄說明或拍賣場通告符合當時學者或專家普遍接納之意見，或清楚 表明有抵觸當時學者或專家普遍接納之意見，或 b. 證明拍賣品為贗品之方法，只是一種在目錄出版前仍未普遍獲接納使用之科學程序， 或是一種在拍賣日仍屬昂貴得不合理或並不實際或很可能會對拍賣品造成損壞之程 序，則本公司無論如何並無責任退還任何款項。此外，買家只在滿足下述條件下方可 獲得退款： 1. 買家必須在付款領取拍賣品後的十日內以書面通知本公司，說明買家認為有關拍賣 品乃贗品或贓物之詳細理由及證據，並通知後十四日內及將拍賣品送還本公司，而 其狀況應維持與拍賣當日相同，不得有任何損壞；及 2. 送還拍賣品時，買家須出示證據，足以使本公司確信拍賣品乃贗品或贓物(本公司保 有最終及不可異議的決定權)。在任何情況下，本公司均毋須向買家支付多於買家就 有關拍賣品而支付予本公司之款項，而買家亦不能索取利息或任何賠償。 本條款之利益不能轉讓，完全屬於拍賣品成功拍賣時獲本公司發給正本發票之買家所有 (該買家名稱確係被記載於發票上)，該名買家並須自拍賣後一直保持拍賣品擁有人之身 分，而且並無將拍賣品之任何利益讓予任何第三人。本公司有權依據任何科學程序或其 他程序確定拍賣品並非贗品，不論該程序在拍賣當日是否已使用或已在使用，如本公司 驗證拍賣品是否屬於贗品之結果與買家出示證據相衝突者，應以本公司驗證結果為準。 三.賣家 1. 本公司作為代理人 本公司在公開拍賣會中，以作為賣家代理人身份行事。拍賣品成功拍賣後，即產生賣家 通過本公司之代理與買家達成之合約，由賣家負責向買家履行出賣人義務及責任。 2. 開支 賣家須負責與下述各項有關之費用： a. 將拍賣品包裝並運予本公司作拍賣。 b. 任何適用之運送保險。 c. 如拍賣品交回賣家其包裝與付運。若拍賣品由海外進口，付運費與進口適用之稅項。 d. 受保於本公司之精品保險單（下文另有解釋）。 e. 預先與賣家協定之對拍賣品作出之任何修整。 f. 本公司為擬定目錄說明指定需由外界專家作出之鑑定。 g. 本公司指定之任何外界專家意見。 h. 拍賣品拍賣前後之裝卸、貯存及保管等費用。 i. 本公司之行政費用，金額為因賣家而引致之一切費用及損害金額之10%。 j. 任何市場之推廣及廣告費用。 3. 由本公司安排保險事宜 a. 除非與本公司另有協定外，否則拍賣品將自動受保於本公司藝術品精品保險單，保險 值為本公司自行評估 當時認為適當者。然而保險金額並非本公司承諾拍賣品會成功拍 賣之款額。 b. 本公司將向賣家收取拍賣落槌價之1%或若未拍賣成功時以拍賣品底價之1%，作為保險 費。如由本公司安排運送，本公司將向賣家收取額外款項，作為運送保險費，款額視 每宗拍賣品之特定情況而定。如有需要，本公司可建議/介紹承運人，但不論於何種情 況下，本公司均不承擔任何有關此方面之運送法律責任。 c. 拍賣品在成功拍賣日後起算七天內保險仍然有效。如拍賣品未能成功拍賣，保險屆期 以後風險全由賣家承擔。 d. 由蛀木蟲、空氣、水份情況轉變或其他不能預見或人力不可抗拒情況而對拍賣品造成 之損壞，或其他非可歸責於本公司之事由所致之損壞，本公司不承擔任何法律責任。 4. 物主購買保險 如賣家特別指示本公司毋須為拍賣品購買保險，風險全由賣家承擔，直至拍賣品交付予 買家為止。賣家無條件同意須保障本公司、本公司之僱員與代理人，以及買家（如適 用）免負因拍賣品而針對本公司、本公司之僱員與代理人，以及買家索償之賠償責任， 而不論索償因何引起。賣家亦同意應本公司、本公司之僱員與代理人，以及買家所要 求，負責償還因此種索償而引致之開支，縱使本公司、本公司之僱員與代理人，以及買 家有疏忽之處，而未證明有任何法律責任而作出之付款，亦須償還。賣家須自行將本條 條款揭露予賣家之承保人。 5. 賣家就拍賣品所作之承諾 本項列出本公司處理拍賣品之基準，規範賣家與買家之間的買賣關係。如此基準在任何 方面有不確實之處，本公司或買家可採取針對賣家之法律行動。本公司處理拍賣品及購 買拍賣品，均以賣家所作之下述承諾及擔保為基準，賣家承諾及擔保如下： a. 賣家為拍賣品之唯一所有權人及/或合法持有人，具備將其所有權及相關所有權利(於無 質押、無產權負擔及無涉及第三人權益或申索的情況下)轉讓予買家之無限制權利。 b. 賣家已遵守一切與拍賣品之進出口有關之法律或其他方面之規定，並已將過去任何第 三人未能遵守此等規定之事以書面通知本公司。 c. 賣家已將其所知之有關拍賣品之任何重大修改以及第三人就拍賣品之所有權、狀況或 歸屬所表示之任何關注以書面通知本公司。 如上述a、b或c等三項擔保有任何不確實之處，賣家須應本公司及/或買家之要求，完全負 責及彌償本公司及 或買家一切因此而引起之損失索償、訴訟費、律師費、所有費用及 開支，而不論是因拍賣品還是因拍賣收益而引起。

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6.拍賣安排 a.本公司對目錄內拍賣品之描述與圖示方式、鑑定意見書、拍賣地點與方式、讓何人進場 競投以及競投價之接受、是否應尋求專家意見，以及將物品合併或分開拍賣等均有完 全之決定權。 b.任何估價，不論口頭或書面，均只屬意見，而非拍賣品最終可賣得的價錢之保證。 c.未得本公司事前書面同意，賣家不可撤回拍賣品之委託。但本公司保留隨時因後述原因 而撤回、中止或終止拍賣品委託授權之權利。此等原因為： (1)本公司對拍賣品之界定或真實性或上述第5a、 b或c項所指之承諾之準確性有懷疑； 或 (2)有任何違反本業務規則之情況；或 (3)本公司認定將拍賣品納入或繼續執行拍賣並不適當者。 d. 撤銷委託或授權條款 (1)非經本公司事前書面同意，賣家不得撤回、中止或終止對於標的作品之委託或授予 本公司之權利。 (2)賣家依前項規定撤回、中止或終止拍賣品之委託或授與本公司之權利者，委託者除 應對本公司負損害賠償或經濟上損失賠償責任外，尚須支付委託底價之40%作為懲 罰性違約金付與本公司。 (3)如賣家有任何違約情事，本公司有權隨時終止委託事項，賣家須支付本公司所有之 前為履行委託或授權工作所產生之費用及開支。 7. 拍賣守則 a. 本公司將會參照底價進行拍賣品之拍賣程序。底價不得高於拍賣目錄所印登載估價之 下限，但如所同意之底價為港幣以外之貨幣，並因協定底價之日與成功拍賣之日上匯 率波動而致底價高於估價下限，則不在此限。在此情況下，除本公司另行同意外，底 價須為相等於以緊接成功拍賣前一個工作天之收市匯率計算之港幣款項。 b. 如競投價不能達到底價，本公司在任何情況均不負有任何責任，但本公司有權決定將 拍賣品以低於底價拍賣。如本公司如此將拍賣品拍賣，本公司將有責任向賣家支付成 交價與底價之差額。 c. 賣家不得以自己或第三人名義隨意哄抬競投價格，不得以自己或第三人名義參與競標 拍賣品，亦不得聘請任何人代賣家參與競投，惟本公司有權代理賣家參與競投。 8.成功拍賣後 a. 結算 成功拍賣後，本公司協助賣方要求買家最遲於成功拍賣日後7日內全數付款。在買家付 款後，除非本公司收到通知謂拍賣品為贗品，否則，本公司會於成功拍賣日期後60個 工作天，將一筆相等於成交價減去賣家應支付之所有費用之款額匯予賣家。如遇買家 延遲付款，則本公司將在買家付款後7個工作天內匯款予賣家。如因任何理由而使本公 司在買家付款前即已付款予賣家，則本公司即獲得拍賣品之完整之擁有權與所有權。 但在本公司因拍賣品為贗品而被迫向買家收回拍賣品下，賣家方須將已收取之拍賣收 益退還予本公司。 除賣家另有書面指示外，本公司將以港幣付款。如賣家要求以港幣以外之貨幣付款， 依拍賣現場由香港匯豐銀行公佈之匯率計算付款金額。 b.賣家支付每件拍賣品之手續費： (1)本公司之拍賣須至拍賣完成後買家實際付清所有款項予本公司時，視為交易完成。 (2)當交易完成，賣家須依約定支付本公司手續費。 c. 買家不付款 如買家在成功拍賣日後起算7天內未支付應付之全部款項，本公司即有權代理賣家就 付款、貯存與保險而協定特別條款，並有權代理賣家採取本公司認為適當的任何步驟 以向買家收取其應付之款項，因而產生之相關費用及損害，概由賣家自行承擔。但本 公司並未承擔任何付款責任，亦無義務代理賣家採取任何行動(包括但不限於法律行 動)。但本公司將與賣家討論如何採取適當行動以向買家追討拍賣款額。 d. 贗品/贓物 如買家於付款領取拍賣品後之十日內，使本公司相信或懷疑拍賣品為贗品或贓物或涉 及任何不法情事者，本公司得自行決定無條件買家交付之拍賣落槌價(本公司得扣處因 此所致之相關處理費用)予買家時，而拍賣品將由本公司退回賣家或送交警方處理，賣 家不得異議或對本公司主張任何權利或請求，賣家並應於本公司通知後，於三日內無 條件退還其所得之全數金額予本公司，賣家並應於十日內付清相關基本支出費用，及 賠償本公司因此所致之所有損失、損害及相關費用等。逾期退還、給付者，賣家應另 外支付按不超過香港匯豐銀行最優惠利率加10%之年利率收取整筆欠款之利息。此外 本公司可同時按日收取依賣價（含佣金）1％計算之違約金。本公司亦得自行選擇將賣 家未付之款項，用以抵銷本公司或其他附屬公司在任何其他交易中欠下賣家之款項， 賣家絕無異議。 e. 未能成功拍賣之拍賣品 (1)任何拍賣品如未能成功拍賣，或不包括在拍賣之內，或因任何理由而撤回、中止或 終止拍賣，則在本公司發出通知予賣家要求賣家領回拍賣品後之35天內，賣家必須 領回拍賣品。 (2)任何此等拍賣品如在35天過期後仍未領回，本公司可向委託者徵收每天每件標的作 品參佰港元 (HK$300)貯存費，並收取額外費用以購買保險。賣家須在付清所有未付 費用後，方可領回拍賣品。 (3)此等拍賣品如在發出領回通知後之60天內仍未領回，則可被移往第三人之貨倉貯 存，開支費用由賣家承擔。 (4)任何此等拍賣品如在拍賣日期後或上述通知日期後之90天內（以較早之日期為準） 未被領回，則本公司可視乎是否合適而將該拍賣品處置。處置包括將拍賣品移往第 三人之貨倉而開支費由賣家承擔，以及將該拍賣品按本公司認為適當之條款（包括 有關估價與底價之條款）公開拍賣。本公司其後會將拍賣收益扣除所有欠款後支付 予賣家。 (5)任何拍賣品如在拍賣中收回或未能成功拍賣，則本公司有權代理賣家在拍賣後的兩 個月內作為賣家之獨家代理人，按賣家可收取之淨款額（即扣除賣家應付之一切費 用後之款額），私下出售拍賣品。本公司得事前扣除所致之費用。在此情況下，賣 家就該拍賣品而對本公司所負有之責任、義務及付款條件等，與拍賣品成功拍賣時 一樣。 9. 圖片與圖示 賣家同意本公司有權對拍賣品制作照片、圖示、錄像或其他形式的影像制品，此等照 片、圖示、錄像及影像制品之著作權及其他一切權利均屬本公司所有，且本公司有權以 任何本公司認為適合之方式使用之，賣家絕無異議。

10.稅制 a. 依香港稅法規定，拍賣品成交後委託者須提供報稅名單及相關資料，由本公司提報稅 捐單位。 b. 如果賣家為香港公司或香港居民，根據香港稅法，本公司毋須向賣家代扣香港利得 稅。如果本公司其後發現賣家之聲明及文件不實，本公司保留向賣家追討香港稅款及 其他相關費用（如利息、罰款及律師費等）的權利。 c. 若委託者非香港本地人士，委託者並同意本公司直接代扣落槌價或底價(如底價高於落 槌價)之0.5%，作為拍出後之利得稅，由本公司代為申報並繳交稅捐單位。由本公司 扣除的款項將隨著當時的稅率而調整。 四.買家與賣家均適用之條件 1. 智慧財產權 與拍賣品有關之一切影像、圖示與書面材料之相關智慧財產權(包括但不限於著作權、 專利等)，於任何時候均屬於本公司之財產及所有。未得本公司事先書面同意，賣家、 買家或任何人均不得使用。 2. 通知 a. 根據本業務規則發出之通知，均須以書面發出。如採用郵遞發出，則在付郵寄出後第 二個工作天，視為收件人已合法收受；如收件人在海外，則為付郵寄出後第五個工作 天，視為收件人已合法收受。 b. 本公司根據本業務規則、委託授權書或買家所提供之聯絡資料對賣家或買家發出之通 知，凡已依據委託授權書後附或買家所提供資料上所載的地址、電子郵件地址或傳真 號碼統稱「聯絡方式」)以書面發出該通知者，均視為該通知已有效發出。若賣家或 買家之聯絡方式有變更時，應立即以書面通知本公司。 3.可分割性 a. 如本業務規則有任何部份遭任何法院認定為無效、不合法或不可強制執行，則該部分 可不予理會，而本業務規則之其他條款仍繼續有效及可強制執行。 b. 本業務規則第二條買家條款項下之各條款，專屬適用本公司與買家間法律關係，賣家 不得主張適用。本業務規則第三條賣家條款項下之各條款，專屬適用於本公司與賣家 間法律關係，買家不得主張適用。 4.本業務規則同時存在中文及英文版本，如二版本內容有所歧異，應以中文版條文為準。 5. 本業務規則得隨時由本公司修改，買方及賣方均同意遵守修改後之業務規則。 6. 法律及管轄權 本業務規則受香港法律規範，本業務規則之解釋與效力均適用香港法律。賣家與買家須 服從香港法院之排他性管轄權。

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ABSENTEE BID FORM The absentee bid forms must be delivered to the Customer Service Department at least 24 hours before the auction begins. The bid forms may be faxed to: Hong Kong Tel: +852 2889 0859 Fax: +852 2889 0850 Taipei Tel: +886 2708 9868 Fax: +886 2708 8955 Bidder’s Details Name ID number Address

Auction

Date Sale No. Location

Address

RAVENEL AUTUMN AUCTION 2015 HONG KONG A SPECIAL SELECTION OF CHINESE BRONZE CENSERS Tuesday, 2 June, 2015, 6:00pm HC1503 Renaissance Hong Kong Harbour View Hotel (Mezzanine Floor) 1 Harbour Road, Wanchai, Hong Kong

1. Interested parties must complete the registration procedures with valid personal identifications (i.e. Identification card, Passport, etc.).

The completion of a registration form and the payment of a security deposit are required.

2. In the event that the bidder chooses not to be present at the venue on the day of the auction, the bidder may place an absentee bid through means of a telephone, written or internet bid. A registration form must be completed and the security deposit transferred to Ravenel’s specified Bank account before the 26th May 2015 in order to obtain a paddle number for the purposes of placing a telephone/ written/internet bid(s).

Post code Tel Mobile Fax Email Signature (We must have your signature to execute this bid.)

It is requested hereby that Ravenel tenders the bid on my behalf for the following auction items within the bidding range described hereunder.

I understand that Ravenel provides such bid services for the convenience of customers and Ravenel shall not be held liable for any failure to execute a bid. If Ravenel receives more than one commission of the same bid price with regard to a particular auction item, priority will be given to the person whose bid is first received.

I understand that if my bid is successful, I shall pay the final hammer price together with the Buyer’s Premium and any applicable sales tax. The Buyer’s Premium shall be calculated as 20% of the final hammer price (not applicable to wines). For detail please refer to Articles 4a, c and d of the Transaction Rules to the Buyer. (4a. The Buyer’s Premium of Each Lot Payable by the Buyer: (1) The Buyer should pay the hammer price and, in addition, the Buyer’s Premium to the Company. For hammer price below HK$ 8,000,000 (inclusive), the Buyer’s Premium should be calculated at 20% of the hammer price.

(2) For hammer price higher than HK$ 8,000,000, total amount of the Buyer’s Premium should be that the first HK$ 8,000,000 of the hammer price should be calculated at 20% and the rest of the amount of the hammer price should be calculated at 12%.)

The bid shall be subject to the Transaction Rules prescribed in the catalogue. Please note especially the limited guarantee and exclusive warrantees that may be provided for certain items.

PLEASE PRINT LEGIBLY Auction item number (in numerical order)

Title

Bid price (HK$) (excluding buyer’s premium)

Interested buyers should provide Ravenel with their current bank and/or other relevant material to ensure all bids will be accepted and the delivery of the auction item will not be delayed, and authorize us to verity the provided informations with the bank. Kindly provide this information for processing in advance of the auction date.

Bank Reference Approval Name of the bank Address of the bank

Name of the account Account number Contact of the bank Tel. No.

Ravenel Auction Hong Kong Limited Room 1307A, 13/F, 39 Healthy Street East, North Point, Hong Kong Tel: +852 2889 0859 Fax: +852 2889 0850 ravenel.com

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委託競投表格 委託競投表格須於拍賣24小時前送抵客戶服務部。競投表格可傳真至： 香港 電話：+852 2889 0859 傳真：+852 2889 0850 台北 電話：+886 2708 9868 傳真：+886 2708 8955 投標者資料 客戶編號 （如有） 姓名 身份證號碼 地址 郵碼 電話 傳真 簽名

拍 賣 名 稱：羅芙奧香港 2015 春季拍賣會 金玉天珍 - 古代宣爐彝器藝術專場 拍 賣 編 號：HC1503 香港拍賣日期：2015 年 06 月 02 日（星期二） 下午 6:00 香港萬麗海景酒店閣樓 香港灣仔港灣道 1 號

1. 有意參與競投的買家需事前辦理登記申請手續：請出示 有效証件 ( 如：身份証明、護照…) 並填寫登記文件以及 繳納保証金。 2. 競投者如不能出席拍賣會，可通過電話 書面方式進行 競投。登記申請手續以及保証金之繳納亦需在 2015 年 5 月 26 日以前完成匯款至本公司指定帳號。以取得電話 書面競標牌號。

行動電話 電郵

（本公司在取得閣下之簽名後方才接受競標）

茲請求羅芙奧就下列拍賣品於下列競投價範圍內投標。 本人亦明白，羅芙奧為方便顧客而提供代為投標的服務，羅芙奧不因怠於投標而負任何責任。倘羅芙奧就同一項拍賣品收到相同競價之委託，以 最先收到者優先辦理。 本人知悉如投標成功，本人應付之購買價款為最後之落槌價加上買家佣金（連同該最後落槌價及買家佣金之營業稅）買家佣金依最後落槌價乘以 佣金費率得之。詳見業務原則規定第 4 條 a,c,d 之規定。（4a. 買家支付每件拍品之買家佣金費率：（1）買家除支付落槌價外，另須支付買家佣金 予本公司，落槌價於港幣捌佰萬元以下者（含捌佰萬元）以 20％計算；（2）落槌價於港幣捌佰萬元以上者，採分二級計價，其中港幣捌佰萬元 以 20％計算，超過港幣捌佰萬元之部份以 12％計算；加總計算佣金金額。） 本競投，本人同意並遵守本目錄所載所有業務規則（特別是有限保證、不負其他瑕疵擔保等規定）。

請用正楷填寫清楚 拍賣品編號 （按數字順序）

名

競投價（港元） （買家佣金不計在內）

稱

為確保所有投標均得以接受及拍賣品之送交不延誤，有意買家應向羅芙奧提供往來銀行或其他適當之參考資料，並予以授權羅芙奧得向銀行查證。 該等資料應及時提供，以便在拍賣前著手處理。

銀行證明 銀行名稱 銀行地址 羅芙奧香港拍賣有限公司 香港北角健康東街39號13樓1307A室 Tel: +852 2889 0859 Fax: +852 2889 0850 ravenel.com

銀行帳戶名稱 銀行帳號 銀行聯絡者 銀行電話

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CHRONOLOGY 中國歷代年表

新石器時代 商 周 秦 漢 三國 晉 南北朝 隋 唐 五代 遼 宋 北宋 南宋 西夏 金 元 明 洪武 建文 永樂 洪熙 宣德 正統 景泰 天順 成化 弘治 正德 嘉靖 隆慶 萬曆 泰昌 天啟 崇禎 清 順治 康熙 雍正 乾隆 嘉慶 道光 咸豐 同治 光緒 宣統

10th - early 1st millennium BC NEOLITHIC 16th Century - C. 1050 BC SHANG DYNASTY C. 1050 - 221 BC ZHOU DYNASTY 221 - 206 BC QIN DYNASTY 206 BC - AD 220 HAN DYNASTY AD 220 - 265 THREE KINGDOMS AD 265 - 420 JIN DYNASTY AD 420 - 589 SOUTHERN AND NORTHERN DYNAST1ES AD 581 - 618 SUI DYNASTY AD 618 - 907 TANG DYNASTY AD 907 - 960 FIVE DYNASTIES AD 907 - 1125 LI AO DYNASTY AD 960 - 1279 SONG DYNASTY AD 960 - 1127 Northern Song AD 1127 - 1279 Southern Song AD 1038 - 1227 XIXIA DYNASTY AD 1115 - 1234 JIN DYNASTY AD 1279 - 1368 YUAN DYNASTY AD 1368 - 1644 MING DYNASTY AD 1368 - 1398 Hongwu AD 1399 - 1402 Jianwen AD 1403 - 1424 Yongle AD 1425 Hongxi AD 1426 - 1435 Xuande AD 1436 - 1449 Zhengtong AD 1450 - 1456 Jingtai AD 1457 - 1464 Tianshun AD 1465 - 1487 Chenghua AD 1488 - 1505 Hongzhi AD 1506 - 1521 Zhengde AD 1522 - 1566 Jiajing AD 1567 - 1572 Longqing AD 1573 - 1619 Wanli AD 1620 Taichang AD 1621 - 1627 Tianqi AD 1628 - 1644 Chongzhen AD 1644 - 1911 QING DYNASTY AD 1644 - 1661 Shunzhi AD 1662 - 1722 Kangxi AD 1723 - 1735 Yongzheng AD 1736 - 1795 Qianlong AD 1796 - 1820 Jiaqing AD 1821 - 1850 Daoguang AD 1851 - 1861 Xianfeng AD 1862 - 1874 Tongzhi AD 1875 - 1908 Guangxu AD 1909 - 1911 Xuan tong

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