Christie's flagship Americas saleroom sits at Rockefeller Center in Manhattan, and the overwhelming majority of its U.S. auctions, private sales, and consignment agreements are governed by New York law and channeled to New York forums. When a lot sells for six or seven figures and something goes wrong — a later attribution downgrade, a title claim, a bidding error, or unpaid proceeds — the outcome usually turns on the fine print of Christie's own Conditions of Sale and Consignment Agreement, read against New York's Uniform Commercial Code and Arts & Cultural Affairs Law. This page explains how those terms actually operate and where New York law gives buyers and consignors leverage.
Unlike a general "as is" disclaimer, Christie's provides a limited Authenticity Warranty in its Conditions of Sale. In broad terms, if a lot proves to be a forgery — a work created with the intent to deceive — Christie's will typically rescind the sale and refund the purchase price, but only within a defined period (historically five years from the auction date) and subject to strict conditions. Those conditions commonly include that the description was not qualified by hedging language such as "attributed to," "circle of," "studio of," or "manner of"; that the buyer is the original purchaser of record and still owns the lot free of third-party claims; and that the buyer return the lot in the same condition and provide supporting scholarly opinion.
The distinctions matter enormously. The warranty covers forgery, not mere authenticity downgrades, condition surprises, or changes in scholarly consensus. A later de-attribution by a catalogue raisonné committee — devastating to value — may fall entirely outside the warranty. That is why the exact wording of the lot's catalogue entry, the version of the Conditions of Sale in effect on the auction date, and the timing of your discovery are the first things a New York art attorney examines.
Possibly — but the path depends on which theory applies. If the work meets the warranty's definition of a counterfeit and you are inside the time limit and satisfy the other conditions, the contractual remedy is rescission and refund. If the warranty does not apply, a buyer may still have claims under New York law:
Deadlines are unforgiving. Under CPLR 214, most fraud claims run three years (with a discovery-based extension under CPLR 213(8)), conversion claims run three years, and breach-of-contract claims run six years under CPLR 213. Contractual notice periods embedded in the Conditions of Sale can be far shorter and are frequently enforced by New York courts.
The hammer price is only part of what a buyer owes. Christie's adds a tiered buyer's premium calculated as a percentage of the hammer price on a sliding scale, plus applicable New York sales and use tax and, for certain lots, artist resale or other charges. Disputes commonly arise from disagreements over the total invoiced, alleged bidding errors (including online and telephone bidding malfunctions), and late-payment interest and storage fees that accrue quickly. The Conditions of Sale give Christie's aggressive remedies for non-payment — cancellation, resale of the lot, and recovery of the shortfall plus costs — so a buyer facing a collection demand should have the invoice, bidding record, and contract reviewed before responding.
When you consign a work, the Consignment Agreement — not the public Conditions of Sale — controls your relationship with Christie's. Key negotiated terms include the reserve (the confidential minimum below which the lot will not sell), the seller's commission and any waiver, catalogue and marketing costs, insurance and risk of loss, guarantee or irrevocable-bid arrangements, and the settlement timeline for remitting net proceeds after the sale. Consignor disputes typically involve delayed or short payment, sales below an agreed reserve, damage in Christie's custody, or a claim that the house breached fiduciary-style or contractual duties. Because these agreements are heavily drafted in the auctioneer's favor, close reading before signing — and before litigating — is essential.
Christie's does not guarantee unencumbered title beyond limited contractual representations. Third-party ownership claims — from heirs, prior owners, or foreign states asserting cultural-property or Nazi-era restitution claims — can surface years after a sale. New York is a demanding jurisdiction for good-faith purchasers: under longstanding New York case law, a thief cannot convey good title, and the statute of limitations on a replevin claim against a good-faith purchaser generally runs from demand and refusal, not from the theft. These disputes intersect with provenance research, the Holocaust Expropriated Art Recovery (HEAR) Act, and federal customs and import rules.
Christie's contracts typically specify New York governing law and a New York forum, and may route certain disputes to arbitration or mediation. Whether an arbitration or forum-selection clause is enforceable — and against whom — is a threshold question that shapes strategy and cost. New York courts generally enforce such clauses in commercial agreements, but there are recognized exceptions. We assess these clauses before filing and, where appropriate, handle matters through arbitration or mediation.
High-value art transactions in New York carry due-diligence and reporting expectations. Auction houses conduct know-your-customer checks, and both buyers and sellers can face frozen funds, canceled sales, or delayed settlement if documentation is incomplete. Structuring a transaction cleanly at the outset — and understanding how sales and use tax applies to a New York delivery or an out-of-state export — avoids penalties later.
The Law Offices of Albert Goodwin handle contract and business disputes in New York City, including high-value art and auction-house matters involving Christie's. Our work in this area includes reviewing Conditions of Sale and consignment agreements before you sign, analyzing whether the Authenticity Warranty applies to a disputed lot, responding to non-payment and post-sale charge demands, and litigating or arbitrating breach-of-contract, breach-of-warranty, fraud, and conversion claims under New York law. Because Christie's disputes turn on document-specific terms and short deadlines, early review is critical.
For related matters, see our pages on art transaction and dispute representation and breach of contract litigation in New York City.
Christie's Authenticity Warranty has historically run for a limited period (commonly five years) from the auction date and applies only to forgeries, not attribution changes or condition issues. The exact term and conditions appear in the version of the Conditions of Sale in effect when the lot sold, which should be reviewed against New York's statutes of limitations under CPLR 213 and 214.
It can be. Under NY Arts & Cultural Affairs Law Article 13, certain statements of authorship by dealers and auctioneers create express warranties, and UCC Article 2 also recognizes express warranties by description — though Christie's contract attempts to qualify and disclaim many representations. The specific wording controls.
Sometimes. The buyer's premium, tax, and default charges are governed by the Conditions of Sale, but disputes over bidding errors, platform malfunctions, or improperly calculated charges may be contestable. Preserve the invoice and bidding record and seek review before the shortfall and fees grow.
It depends on the clause in your specific agreement. New York courts generally enforce arbitration and forum-selection clauses in commercial contracts, but enforceability and scope must be assessed case by case.
If you are facing a dispute with Christie's as a buyer or consignor, contact the Law Offices of Albert Goodwin for a consultation. Call 212-233-1233 or email [email protected].
This page is attorney-authored general information about New York law and Christie's contract terms and is not legal advice. Auction-house conditions change over time; the terms applicable to your transaction are those in effect on your sale date. No attorney-client relationship is formed until we agree to represent you in writing.