Auction Description

2015 December 9 European Art Signature Auction - Dallas #5229

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Heritage Auctions
1518 Slocum Street
Dallas, TX 75207
United States

Bid@HA.com

Phone:214-528-3500

Buyer’s Premium

Start Premium (%)
$0 25.00
$100,000 20.00
$1,000,000 12.00

Bid Increments

Price Increments ($)
$0 $1
$10 $2
$50 $5
$100 $10
$200 $20
$500 $50
$1,000 $100
$2,000 $200
$5,000 $500
$10,000 $1,000
$20,000 $2,000
$50,000 $5,000
$100,000 $10,000
$200,000 $20,000
$500,000 $50,000
$1,000,000 $100,000
$5,000,000 $250,000
$10,000,000 $500,000

Shipping

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Terms & Conditions

Terms and Conditions of Auction
 
Auctioneer and Auction:
1. This Auction is presented by Heritage Auctions, a d/b/a/ of Heritage Auctioneers & Galleries, Inc.,
or Heritage Auctions, Inc., or Heritage Numismatic Auctions, Inc., or Heritage Vintage Sports
Auctions, Inc., or Currency Auctions of America, Inc., as identified with the applicable licensing
information on the title page of the catalog or on the HA.com Internet site (the "Auctioneer").
The Auction is conducted under these Terms and Conditions of Auction and applicable state
and local law. Announcements and corrections from the podium and those made through the
Terms and Conditions of Auctions appearing on the Internet at HA.com supersede those in the
printed catalog.
Buyer's Premium:
2. All bids are subject to a Buyer's Premium which is in addition to the placed successful bid:
- Fifteen percent (15%) on Domain Names & Intellectual Property Auction lots;
- Seventeen and one-half percent (17.5%) on Currency, US Coin, and World & Ancient Coin Auction
lots, except for Gallery Auction lots as noted below;
- Nineteen and one-half percent (19.5%) on Comic, Movie Poster, Sports Collectibles, and Gallery
Auction (sealed bid auctions of mostly bulk numismatic material) lots;
- Twenty-two percent (22%) on Wine Auction lots;
- For lots in all other categories not listed above, the Buyer's Premium per lot is twenty-five percent
(25%) on the first $100,000 (minimum $14), plus twenty percent (20%) of any amount between
$100,000 and $1,000,000, plus twelve percent (12%) of any amount over $1,000,000.
Auction Venues:
3. The following Auctions are conducted solely on the Internet: Heritage Weekly Internet Auctions
(Coin, Currency, Comics, Rare Books, Jewelry & Watches, Guitars & Musical Instruments,
and Vintage Movie Posters); Heritage Monthly Internet Auctions (Sports, World Coins and
Rare Wine). Signature� Auctions and Grand Format Auctions accept bids from the Internet,
telephone, fax, or mail first, followed by a floor bidding session; HeritageLive! and real- time
telephone bidding are available to registered clients during these auctions.
Bidders:
4. Any person participating or registering for the Auction agrees to be bound by and accepts these
Terms and Conditions of Auction ("Bidder(s)").
5. All Bidders must meet Auctioneer's qualifications to bid. Any Bidder who is not a client in
good standing of the Auctioneer may be disqualified at Auctioneer's sole option and will not
be awarded lots. Such determination may be made by Auctioneer in its sole and unlimited
discretion, at any time prior to, during, or even after the close of the Auction. Auctioneer reserves
the right to exclude any person from the auction.
6. If an entity places a bid, then the person executing the bid on behalf of the entity agrees to
personally guarantee payment for any successful bid.
Credit:
7. In order to place bids, Bidders who have not established credit with the Auctioneer must either
furnish satisfactory credit information (including two collectibles-related business references)
or supply valid credit card information along with a social security number, well in advance of
the Auction. Bids placed through our Interactive Internet program will only be accepted from
pre-registered Bidders. Bidders who are not members of HA.com or affiliates should preregister
at least 48 hours before the start of the first session (exclusive of holidays or weekends) to allow
adequate time to contact references. Credit will be granted at the discretion of Auctioneer.
Additionally Bidders who have not previously established credit or who wish to bid in excess of
their established credit history may be required to provide their social security number or the
last four digits thereof so a credit check may be performed prior to Auctioneer's acceptance of a
bid. Check writing privileges and immediate delivery of merchandise may also be determined
by pre-approval of credit based on a combination of criteria: HA.com history, related industry
references, bank verification, a credit bureau report and/or a personal guarantee for a corporate
or partnership entity in advance of the auction venue.
Bidding Options:
8. Bids in Signature� Auctions or Grand Format Auctions may be placed as set forth in the
printed catalog section entitled "Choose your bidding method." For auctions held solely on
the Internet, see the alternatives on HA.com.
zx#biddingTutorial.
9. Presentment of Bids: Non-Internet bids (including but not limited to podium, fax, phone and mail
bids) are treated similar to floor bids in that they must be on-increment or at a half increment
(called a cut bid). Any podium, fax, phone, or mail bids that do not conform to a full or half
increment will be rounded up or down to the nearest full or half increment and this revised
amount will be considered your high bid.
10. Auctioneer's Execution of Certain Bids. Auctioneer cannot be responsible for your errors in
bidding, so carefully check that every bid is entered correctly. When identical mail or FAX bids
are submitted, preference is given to the first received. To ensure the greatest accuracy, your
written bids should be entered on the standard printed bid sheet and be received at Auctioneer's
place of business at least two business days before the Auction start. Auctioneer is not
responsible for executing mail bids or FAX bids received on or after the day the first lot is sold,
nor Internet bids submitted after the published closing time; nor is Auctioneer responsible for
proper execution of bids submitted by telephone, mail, FAX, e-mail, Internet, or in person once
the Auction begins. Bids placed electronically via the internet may not be withdrawn until your
written request is received and acknowledged by Auctioneer (FAX: 214-409-1425); such requests
must state the reason, and may constitute grounds for withdrawal of bidding privileges. Lots
won by mail Bidders will not be delivered at the Auction unless prearranged.
11. Caveat as to Bid Increments. Bid increments (over the current bid level) determine the lowest
amount you may bid on a particular lot. Bids greater than one increment over the current bid
can be any whole dollar amount. It is possible under several circumstances for winning bids to
be between increments, sometimes only $1 above the previous increment. Please see: "How can
I lose by less than an increment"" on our website. Bids will be accepted in whole dollar amounts
only. No "buy" or "unlimited" bids will be accepted.
The following chart governs current bidding increments
(see HA.com/c/ref/web-tips.zx#guidelines-increments).
Current Bid...............Bid Increment
less than $10.................................................$1
$10 - $49.......................................... $2
$50 - $99.......................................... $5
$100 - $199.................................... $10
$200 - $499.................................... $20
$500 - $999.................................... $50
$1,000 - $1,999............................ $100
$2,000 - $4,999............................ $200
$5,000 - $9,999............................ $500
Current Bid...............Bid Increment
$10,000 - $19,999.................... $1,000
$20,000 - $49,999.................... $2,000
$50,000 - $99,999.................... $5,000
$100,000 - $199,999............. $10,000
$200,000 - $499,999............. $20,000
$500,000 - $999,999............. $50,000
$1,000,000 - $4,999,999..... $100,000
$5,000,000 - $9,999,999..... $250,000
Greater than or equal to $10,000,000................... $500,000
12. If Auctioneer calls for a full increment, a bidder may request Auctioneer to accept a bid at half
of the increment ("Cut Bid") only once per lot. After offering a Cut Bid, bidders may continue
to participate only at full increments. Off-increment bids may be accepted by the Auctioneer at
Signature� Auctions and Grand Format Auctions. If the Auctioneer solicits bids other than the
expected increment, these bids will not be considered Cut Bids.
Conducting the Auction:
13. Notice of the consignor's liberty to place bids on his lots in the Auction is hereby made in
accordance with Article 2 of the Texas Business and Commercial Code. A "Minimum Bid" is
an amount below which the lot will not sell. THE CONSIGNOR OF PROPERTY MAY PLACE
WRITTEN "Minimum Bids" ON HIS LOTS IN ADVANCE OF THE AUCTION; ON SUCH LOTS,
IF THE HAMMER PRICE DOES NOT MEET THE "Minimum Bid", THE CONSIGNOR MAY PAY
A REDUCED COMMISSION ON THOSE LOTS. "Minimum Bids" are generally posted online
several days prior to the Auction closing. For any successful bid placed by a consignor on his
Property on the Auction floor, or by any means during the live session, or after the "Minimum
Bid" for an Auction have been posted, we will require the consignor to pay full Buyer's Premium
and Seller's Commissions on such lot.
14. The highest qualified Bidder recognized by the Auctioneer shall be the Buyer. In the event of
a tie bid, the earliest bid received or recognized wins. In the event of any dispute between any
Bidders at an Auction, Auctioneer may at his sole discretion reoffer the lot. Auctioneer's decision
and declaration of the winning Bidder shall be final and binding upon all Bidders. Bids properly
offered, whether by floor Bidder or other means of bidding, may on occasion be missed or go
unrecognized; in such cases, the Auctioneer may declare the recognized bid accepted as the
winning bid, regardless of whether a competing bid may have been higher. Auctioneer reserves
the right after the hammer fall to accept bids and reopen bidding for bids placed through the
Internet or otherwise.
15. Auctioneer reserves the right to refuse to honor any bid or to limit the amount of any bid, in
its sole discretion. A bid is considered not made in "Good Faith" when made by an insolvent
or irresponsible person, a person under the age of eighteen, or is not supported by satisfactory
credit, collectibles references, or otherwise. Regardless of the disclosure of his identity, any bid
by a consignor or his agent on a lot consigned by him is deemed to be made in "Good Faith." Any
person apparently appearing on the OFAC list is not eligible to bid.
16. Nominal Bids. The Auctioneer in its sole discretion may reject nominal bids, small opening bids,
or very nominal advances. If a lot bearing estimates fails to open for 40-60% of the low estimate,
the Auctioneer may pass the item or may place a protective bid on behalf of the consignor.
17. Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 50%-60%
of the low estimate). In the event that no bid meets or exceeds that opening amount, the lot shall
pass as unsold.
18. All items are to be purchased per lot as numerically indicated and no lots will be broken.
Auctioneer reserves the right to withdraw, prior to the close, any lots from the Auction.
19. Auctioneer reserves the right to rescind the sale in the event of nonpayment, breach of a warranty,
disputed ownership, auctioneer's clerical error or omission in exercising bids and reserves, or
for any other reason and in Auctioneer's sole discretion. In cases of nonpayment, Auctioneer's
election to void a sale does not relieve the Bidder from their obligation to pay Auctioneer its fees
(seller's and buyer's premium) and any other damages or expenses pertaining to the lot.
20. Auctioneer occasionally experiences Internet and/or Server service outages, and Auctioneer
periodically schedules system downtime for maintenance and other purposes, during which
Bidders cannot participate or place bids. If such outages occur, we may at our discretion extend
bidding for the Auction. Bidders unable to place their Bids through the Internet are directed to
contact Client Services at 877-HERITAGE (437-4824).
21. The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may
bid on those lots or any other lots. Auctioneer or affiliates expressly reserve the right to modify
any such bids at any time prior to the hammer based upon data made known to the Auctioneer
or its affiliates. The Auctioneer may extend advances, guarantees, or loans to certain consignors.
22. The Auctioneer has the right to sell certain unsold items after the close of the Auction. Such lots
shall be considered sold during the Auction and all these Terms and Conditions shall apply to
such sales including but not limited to the Buyer's Premium, return rights, and disclaimers.
Payment:
23. All sales are strictly for cash in United States dollars (including U.S. currency, bank wire,
cashier checks, travelers checks, eChecks, and bank money orders, and are subject to all
reporting requirements). All deliveries are subject to good funds; funds being received in
Auctioneer's account before delivery of the Purchases; and all payments are subject to a clearing
period. Auctioneer reserves the right to determine if a check constitutes "good funds": checks
drawn on a U.S. bank are subject to a ten business day hold, and thirty days when drawn on an
international bank. Clients with pre-arranged credit status may receive immediate credit for
payments via eCheck, personal, or corporate checks. All others will be subject to a hold of 5
days, or more, for the funds to clear prior to releasing merchandise. (Ref. T&C item 7 Credit for
additional information.) Payments can be made 24-48 hours post auction from the My Orders
page of the HA.com website.
24. Payment is due upon closing of the Auction session, or upon presentment of an invoice.
Auctioneer reserves the right to void an invoice if payment in full is not received within 7
days after the close of the Auction. In cases of nonpayment, Auctioneer's election to void a sale
does not relieve the Bidder from their obligation to pay Auctioneer its fees (seller's and buyer's
premium) on the lot and any other damages pertaining to the lot or Auctioneer, at its option,
may charge a twenty (20%) restock fee on the amount of the purchase and offset the restock fee
against any monies paid to the Auctioneer or against any of the purchaser's properties held by
the Auctioneer.
25. Lots delivered to you, or your representative are subject to all applicable state and local taxes,
unless appropriate permits are on file with Auctioneer. Bidder agrees to pay Auctioneer the
actual amount of tax due in the event that sales tax is not properly collected due to: 1) an expired,
inaccurate, or inappropriate tax certificate or declaration, 2) an incorrect interpretation of the
applicable statute, 3) or any other reason. The appropriate form or certificate must be on file at
and verified by Auctioneer five days prior to Auction, or tax must be paid; only if such form or
certificate is received by Auctioneer within 4 days after the Auction can a refund of tax paid be
made. Lots from different Auctions may not be aggregated for sales tax purposes.
26. In the event that a Bidder's payment is dishonored upon presentment(s), Bidder shall pay the
maximum statutory processing fee set by applicable state law. If you attempt to pay via eCheck
and your financial institution denies this transfer from your bank account, or the payment
cannot be completed using the selected funding source, you agree to complete payment using
your credit card on file.
27. If any Auction invoice submitted by Auctioneer is not paid in full when due, the unpaid balance
will bear interest at the highest rate permitted by law from the date of invoice until paid. Any
invoice not paid when due will bear a three percent (3%) late fee on the invoice amount. If the
Auctioneer refers any invoice to an attorney for collection, the buyer agrees to pay attorney's fees,
court costs, and other collection costs incurred by Auctioneer. If Auctioneer assigns collection
to its in-house legal staff, such attorney's time expended on the matter shall be compensated at
a rate comparable to the hourly rate of independent attorneys.
28. In the event a successful Bidder fails to pay any amounts due, Auctioneer reserves the right to sell
the lot(s) securing the invoice to any underbidders in the Auction that the lot(s) appeared, or at
subsequent private or public sale, or relist the lot(s) in a future auction conducted by Auctioneer.
A defaulting Bidder agrees to pay for the reasonable costs of resale (including a 15% seller's
commission, if consigned to an auction conducted by Auctioneer). The defaulting Bidder is liable
to pay any difference between his total original invoice for the lot(s), plus any applicable interest,
and the net proceeds for the lot(s) if sold at private sale or the subsequent hammer price of the lot(s)
less the 15% seller's commissions, if sold at an Auctioneer's auction.
29.Auctioneer reserves the right to require payment in full in good funds before delivery of the merchandise.
30. Auctioneer shall have a lien against the merchandise purchased by the buyer to secure payment
of the Auction invoice. Auctioneer is further granted a lien and the right to retain possession of
any other property of the buyer then held by the Auctioneer or its affiliates to secure payment
of any Auction invoice or any other amounts due the Auctioneer or affiliates from the buyer.
With respect to these lien rights, Auctioneer shall have all the rights of a secured creditor under
Article 9 of the Texas Uniform Commercial Code, including but not limited to the right of sale
(including a 15% seller's commission, if consigned to an auction conducted by Auctioneer). In
addition, with respect to payment of the Auction invoice(s), the buyer waives any and all rights
of offset he might otherwise have against the Auctioneer and the consignor of the merchandise
included on the invoice. If a Bidder owes Auctioneer or its affiliates on any account, Auctioneer
and its affiliates shall have the right to offset such unpaid account by any credit balance due
Bidder, and it may secure by possessory lien any unpaid amount by any of the Bidder's property
in their possession..
31. Title shall not pass to the successful Bidder until all invoices are paid in full. It is the responsibility
of the buyer to provide adequate insurance coverage for the items once they have been delivered
to a common carrier or third-party shipper.
Delivery; Shipping; and Handling Charges:
32. Buyer is liable for shipping, handling, registration, and renewal fees, if any. Please refer to
Auctioneer's website HA.com/c/shipping.zx for the latest charges or call Auctioneer. Auctioneer
is unable to combine purchases from other auctions or affiliates into one package for shipping
purposes. Lots won will be shipped in a commercially reasonable time after payment in good funds
for the merchandise and the shipping fees is received or credit extended, except when third-party
shipment occurs. Buyer agrees that Service and Handling charges related to shipping items which
are not pre-paid may be charged to the credit card on file with Auctioneer.
33. Successful international Bidders shall provide written shipping instructions, including specified
customs declarations, to the Auctioneer for any lots to be delivered outside of the United States.
NOTE: Declaration value shall be the item"(s) hammer price together with its buyer's premium
and Auctioneer shall use the correct harmonized code for the lot. Domestic Buyers on lots
designated for third-party shipment must designate the common carrier, accept risk of loss, and
prepay shipping costs.
34. All shipping charges will be borne by the successful Bidder. On all domestic shipments, any risk of
loss during shipment will be borne by Heritage until the shipping carrier's confirmation of delivery
to the address of record in Auctioneer's file (carrier's confirmation is conclusive to prove delivery
to Bidder; if the client has a Signature release on file with the carrier, the package is considered
delivered without Signature) or delivery by Heritage to Bidder's selected third-party shipper.
On all foreign shipments, any risk of loss during shipment will be borne by the Bidder following
Auctioneer's delivery to the Bidder's designated common carrier or third-party shipper.
35. Due to the nature of some items sold, it shall be the responsibility for the successful Bidder to
arrange pick-up and shipping through third-parties; as to such items Auctioneer shall have no
liability. Failure to pick-up or arrange shipping in a timely fashion (within ten days) shall subject
Lots to storage and moving charges, including a $100 administration fee plus $10 daily storage
for larger items and $5.00 daily for smaller items (storage fee per item) after 35 days. In the event
the Lot is not removed within ninety days, the Lot may be offered for sale to recover any past due
storage or moving fees, including a 10% Seller's Commission.
36A. The laws of various countries regulate the import or export of certain plant and animal
properties, including (but not limited to) items made of (or including) ivory, whalebone, turtle
shell, coral, crocodile, or other wildlife. Transport of such lots may require special licenses for
export, import, or both. Bidder is responsible for: 1) obtaining all information on such restricted
items for both export and import; 2) obtaining all such licenses and/or permits. Delay or failure
to obtain any such license or permit does not relieve the buyer of timely compliance with
standard payment terms. For further information, please contact Ron Brackemyre at 800- 872-
6467 ext. 1312.
36B. California State law prohibits the importation of any product containing Python skin into the
State of California, thus no lot containing Python skin will be shipped to or invoiced to a person
or company in California.
36C. Auctioneer shall not be liable for any loss caused by or resulting from:
a. Seizure or destruction under quarantine or Customs regulation, or confiscation by order of any
Government or public authority, or risks of contraband or illegal transportation of trade, or
b. Breakage of statuary, marble, glassware, bric-a-brac, porcelains, jewelry, and similar fragile
articles
37. Any request for shipping verification for undelivered packages must be made within 30 days of
shipment by Auctioneer.
Cataloging, Warranties and Disclaimers:
38. NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH RESPECT TO ANY
DESCRIPTION CONTAINED IN THIS AUCTION OR ANY SECOND OPINE. Any description
of the items or second opine contained in this Auction is for the sole purpose of identifying the
items for those Bidders who do not have the opportunity to view the lots prior to bidding, and
no description of items has been made part of the basis of the bargain or has created any express
warranty that the goods would conform to any description made by Auctioneer. Color variations
can be expected in any electronic or printed imaging, and are not grounds for the return of
any lot. NOTE: Auctioneer, in specified auction venues, for example, Fine Art, may have express
written warranties and you are referred to those specific terms and conditions. .
39. Auctioneer is selling only such right or title to the items being sold as Auctioneer may have by
virtue of consignment agreements on the date of auction and disclaims any warranty of title to
the Property. Auctioneer disclaims any warranty of merchantability or fitness for any particular
purposes. All images, descriptions, sales data, and archival records are the exclusive property
of Auctioneer, and may be used by Auctioneer for advertising, promotion, archival records, and
any other uses deemed appropriate.
40. Translations of foreign language documents may be provided as a convenience to interested
parties. Auctioneer makes no representation as to the accuracy of those translations and will not
be held responsible for errors in bidding arising from inaccuracies in translation.
41. Auctioneer disclaims all liability for damages, consequential or otherwise, arising out of or in
connection with the sale of any Property by Auctioneer to Bidder. No third party may rely on any
benefit of these Terms and Conditions and any rights, if any, established hereunder are personal
to the Bidder and may not be assigned. Any statement made by the Auctioneer is an opinion and
does not constitute a warranty or representation. No employee of Auctioneer may alter these
Terms and Conditions, and, unless signed by a principal of Auctioneer, any such alteration is
null and void.
42. Auctioneer shall not be liable for breakage of glass or damage to frames (patent or latent); such
defects, in any event, shall not be a basis for any claim for return or reduction in purchase price.
Release:
43. In consideration of participation in the Auction and the placing of a bid, Bidder expressly
releases Auctioneer, its officers, directors and employees, its affiliates, and its outside experts
that provide second opines, from any and all claims, cause of action, chose of action, whether at
law or equity or any arbitration or mediation rights existing under the rules of any professional
society or affiliation based upon the assigned description, or a derivative theory, breach of
warranty express or implied, representation or other matter set forth within these Terms and
Conditions of Auction or otherwise. In the event of a claim, Bidder agrees that such rights
and privileges conferred therein are strictly construed as specifically declared herein; e.g.,
authenticity, typographical error, etc. and are the exclusive remedy. Bidder, by non-compliance
to these express terms of a granted remedy, shall waive any claim against Auctioneer.
44. Notice: Some Property sold by Auctioneer are inherently dangerous e.g. firearms, cannons, and
small items that may be swallowed or ingested or may have latent defects all of which may cause
harm to a person. Purchaser accepts all risk of loss or damage from its purchase of these items and
Auctioneer disclaims any liability whether under contract or tort for damages and losses, direct
or inconsequential, and expressly disclaims any warranty as to safety or usage of any lot sold.
Dispute Resolution and Arbitration Provision:
45. By placing a bid or otherwise participating in the auction, Bidder accepts these Terms and
Conditions of Auction, and specifically agrees to the dispute resolution provided herein.
Consumer disputes shall be resolved through court litigation which has an exclusive Dallas,
Texas venue clause and jury waiver. Non-consumer dispute shall be determined in binding
arbitration which arbitration replaces the right to go to court, including the right to a jury trial.
46. Auctioneer in no event shall be responsible for consequential damages, incidental damages,
compensatory damages, or any other damages arising or claimed to be arising from the auction of
any lot. In the event that Auctioneer cannot deliver the lot or subsequently it is established that the
lot lacks title, or other transfer or condition issue is claimed, in such cases the sole remedy shall be
limited to rescission of sale and refund of the amount paid by Bidder; in no case shall Auctioneer's
maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes the
value of the lot. After one year has elapsed, Auctioneer's maximum liability shall be limited to any
commissions and fees Auctioneer earned on that lot.
47. In the event of an attribution error, Auctioneer may at its sole discretion, correct the error
on the Internet, or, if discovered at a later date, to refund the buyer's purchase price without
further obligation.
48. Exclusive Dispute Resolution Process: All claims, disputes, or controversies in connection
with, relating to and /or arising out of your Participation in the Auction or purchase of any
lot, any interpretation of the Terms and Conditions of Sale or any amendments thereto, any
description of any lot or condition report, any damage to any lot, any alleged verbal modification
of any term of sale or condition report or description and/or any purported settlement whether
asserted in contract, tort, under Federal or State statute or regulation or any claim made by
you of a lot or your Participation in the auction involving the auction or a specific lot involving
a warranty or representation of a consignor or other person or entity including Auctioneer {
which claim you consent to be made a party} (collectively, "Claim") shall be exclusively heard
by, and the claimant (or respondent as the case may be) and Heritage each consent to the Claim
being presented in a confidential binding arbitration before a single arbitrator administrated
by and conducted under the rules of, the American Arbitration Association. The locale for all
such arbitrations shall be Dallas, Texas. The arbitrator's award may be enforced in any court of
competent jurisdiction. If a Claim involves a consumer, exclusive subject matter jurisdiction for
the Claim is in the State District Courts of Dallas County, Texas and the consumer consents to
subject matter and in personam jurisdiction; further CONSUMER EXPRESSLY WAIVES ANY
RIGHT TO TRIAL BY JURY. A consumer may elect arbitration as specified above. Any claim
involving the purchase or sale of numismatic or related items may be submitted through binding
PNG arbitration. Any Claim must be brought within two (2) years of the alleged breach, default
or misrepresentation or the Claim is waived. Exemplary or punitive damages are not permitted
and are waived. A Claim is not subject to class certification. Nothing herein shall be construed
to extend the time of return or conditions and restrictions for return. This Agreement and any
Claim shall be determined and construed under Texas law. The prevailing party (a party that
is awarded substantial and material relief on its damage claim based on damages sought vs.
awarded or the successful defense of a Claim based on damages sought vs. awarded) may be
awarded its reasonable attorneys" fees and costs.
49. No claims of any kind can be considered after the settlements have been made with the
consignors. Any dispute after the settlement date is strictly between the Bidder and consignor
without involvement or responsibility of the Auctioneer.
50. In consideration of their participation in or application for the Auction, a person or entity
(whether the successful Bidder, a Bidder, a purchaser and/or other Auction participant or
registrant) agrees that all disputes in any way relating to, arising under, connected with, or
incidental to these Terms and Conditions and purchases, or default in payment thereof, shall
be arbitrated pursuant to the arbitration provision. In the event that any matter including
actions to compel arbitration, construe the agreement, actions in aid or arbitration or otherwise
needs to be litigated, such litigation shall be exclusively in the Courts of the State of Texas, in
Dallas County, Texas, and if necessary the corresponding appellate courts. For such actions,
the successful Bidder, purchaser, or Auction participant also expressly submits himself to the
personal jurisdiction of the State of Texas.
51. These Terms & Conditions provide specific remedies for occurrences in the auction and delivery
process. Where such remedies are afforded, they shall be interpreted strictly. Bidder agrees
that any claim shall utilize such remedies; Bidder making a claim in excess of those remedies
provided in these Terms and Conditions agrees that in no case whatsoever shall Auctioneer's
maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes
the value of the lot.
Miscellaneous:
52. Agreements between Bidders and consignors to effectuate a non-sale of an item at Auction,
inhibit bidding on a consigned item to enter into a private sale agreement for said item, or to
utilize the Auctioneer's Auction to obtain sales for non-selling consigned items subsequent to
the Auction, are strictly prohibited. If a subsequent sale of a previously consigned item occurs in
violation of this provision, Auctioneer reserves the right to charge Bidder the applicable Buyer's
Premium and consignor a Seller's Commission as determined for each auction venue and by the
terms of the seller's agreement.
53. Acceptance of these Terms and Conditions qualifies Bidder as a client who has consented to be
contacted by Heritage in the future. In conformity with "do-not-call" regulations promulgated
by the Federal or State regulatory agencies, participation by the Bidder is affirmative consent to
being contacted at the phone number shown in his application and this consent shall remain in
effect until it is revoked in writing. Heritage may from time to time contact Bidder concerning sale,
purchase, and auction opportunities available through Heritage and its affiliates and subsidiaries.
54. Rules of Construction: Auctioneer presents properties in a number of collectible fields, and as
such, specific venues have promulgated supplemental Terms and Conditions. Nothing herein
shall be construed to waive the general Terms and Conditions of Auction by these additional
rules and shall be construed to give force and effect to the rules in their entirety.
State Notices:
Notice as to an Auction in California. Auctioneer has in compliance with Title 2.95 of the California
Civil Code as amended October 11, 1993 Sec. 1812.600, posted with the California Secretary of State
its bonds for it and its employees, and the auction is being conducted in compliance with Sec. 2338
of the Commercial Code and Sec. 535 of the Penal Code.
Notice as to an Auction in New York City. These Terms and Conditions of Sale are designed to
conform to the applicable sections of the New York City Department of Consumer Affairs Rules
and Regulations as Amended. This sale is a Public Auction Sale conducted by Heritage Auctioneers
& Galleries, Inc. # 41513036. The New York City licensed auctioneers are: Sam Foose, #095260;
Kathleen Guzman, #0762165; Nicholas Dawes, #1304724; Ed Beardsley, #1183220; Scott Peterson,
#1306933; Andrea Voss, #1320558, who will conduct the Sale on behalf of itself and Heritage
Numismatic Auctions, Inc. (for Coins) and Currency Auctions of America, Inc. (for currency). All
lots are subject to: the consignor's rights to bid thereon in accord with these Terms and Conditions
of Sale, consignor's option to receive advances on their consignments, and Auctioneer, in its sole
discretion, may offer limited extended financing to registered bidders, in accord with Auctioneer's
internal credit standards. A registered bidder may inquire whether a lot is subject to an advance
or a reserve. Auctioneer has made advances to various consignors in this sale. On lots bearing an
estimate, the term refers to a value range placed on an item by the Auctioneer in its sole opinion but
the final price is determined by the bidders.
Notice as to an Auction in Texas. In compliance with TDLR rule 67.100(c)(1), notice is hereby
provided that this auction is covered by a Recovery Fund administered by the Texas Department of
Licensing and Regulation, P.O. Box 12157, Austin, Texas 78711 (512) 463-6599. Any complaints may
be directed to the same address.
Notice as to an Auction in Ohio: Auction firm and Auctioneer are licensed by the Dept. of Agriculture,
and either the licensee is bonded in favor of the state or an aggrieved person may initiate a claim
against the auction recovery fund created in Section 4707.25 of the Revised Code as a result of the
licensee's actions, whichever is applicable. Rev.2-9-2015
Rev. 8-14-2014
Additional Terms & Conditions:
MEMORABILIA & HISTORICAL AUCTIONS
MEMORABILIA & HISTORICAL TERM A: Signature� and Grand Format Auctions of Autographs,
Sports Collectibles, Music, Entertainment, Political, Americana, Vintage Movie Posters and
Pop Culture memorabilia are not on approval. When the lot is accompanied by a Certificate of
Authenticity (or its equivalent) from an third-party authentication provider, buyer has no right
of return. On lots not accompanied by third-party authentication or under extremely limited
circumstances not including authenticity (e.g. gross cataloging error), a purchaser who did not
bid from the floor may request Auctioneer to evaluate voiding a sale; such request must be made
in writing detailing the alleged gross error, and submission of the lot to Auctioneer must be
pre-approved by Auctioneer. A Bidder must notify the appropriate department head (check the
inside front cover of the catalog or our website for a listing of department heads) in writing of the
Bidder's request within three (3) days of the non-floor bidder's receipt of the lot. Any lot that is to be
evaluated for return must be received in our offices within 35 days after Auction. AFTER THAT 35
DAY PERIOD, NO LOT MAY BE RETURNED FOR ANY REASONS. Lots returned must be in the
same condition as when sold and must include any Certificate of Authenticity. No lots purchased by
floor bidders (including those bidders acting as agents for others) may be returned. Late remittance
for purchases may be considered just cause to revoke all return privileges.
MEMORABILIA & HISTORICAL TERM B: On any lot presented with a Letter of Authenticity
("LOA") issued by Auctioneer or its Heritage affiliates, that warranty inures only to the original
purchaser (as shown in Auctioneer's records) "Purchaser". Purchaser may not transfer the rights
afforded under the LOA and it is null and void when Purchaser transfers or attempts to transfer
the lot. The LOA warranty is valid from date of the auction in which Purchaser was awarded
the lot to four (4) years after its purchase. The LOA warranty is valid as to its attribution to the
person or entity described or to the lot's usage, e.g. game worn. Claim procedure: Purchaser must
contact the Auctioneer prior to submission of the lot as to his intent to make a claim and arrange
secure shipment. If a lot's authenticity is questioned by Purchaser within the warranty period,
Purchaser must present with the claim, authoritative written evidence that the lot is not authentic
as determined by a known expert in the sports field. If Auctioneer concurs that the lot is not as
represented, Purchaser shall be refunded their purchase price. If the Auctioneer denies the claim,
the Purchaser may file the dispute with the American Arbitration Association with locale in Dallas,
Texas, before a single arbitration under expedited rules. The LOA does not provide for incidental
or consequential damages or other indirect damages. Any lot sold with a certificate of authenticity
or other warranty from an entity other than Auctioneer or Heritage's affiliates is subject to
such issuing entity's rules and such conditions are the sole remedy afforded to purchaser. For
information as to third party authentication warranties the bidder is directed to: PSA/DNA, P.O.
Box 6180 Newport Beach, CA 92658 (800) 325-1121. James Spence Authentication (JSA), 2 Sylvan
Way, Suite 102 Parsippany, NJ 07054 (888) 457-7362; or as otherwise noted on the Certificate.
MEMORABILIA & HISTORICAL TERM C: As authenticity and provenance are not warranted, if
a Bidder intends to challenge, authenticity or provenance of a lot he must notify Auctioneer in
writing within thirty-five (35) days of the Auction's conclusion. Any claim as to provenance or
authenticity must be first transmitted to Auctioneer by credible and definitive evidence or the
opine of a qualified third party expert and there is no assurance after such presentment that
Auctioneer will validate the claim. Authentication is not an exact science and contrary opinions
may not be recognized by Auctioneer. Even if Auctioneer agrees with the contrary opinion of such
authentication and validates the claim, Auctioneer's liability for reimbursement for any opine by
Bidder's expert shall not exceed $500. Acceptance of a claim under this provision shall be limited to
rescission of the sale and refund of purchase price; in no case shall Auctioneer's maximum liability
exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the lot.
While every effort is made to determine provenance and authenticity, it is the responsibility of the
Bidder to arrive at their own conclusion prior to bidding.
MEMORABILIA & HISTORICAL TERM D: In the event Auctioneer cannot deliver the lot or
subsequently it is established that the lot lacks title, or other transfer or condition issue is claimed,
Auctioneer's liability shall be limited to rescission of sale and refund of purchase price; in no case
shall Auctioneer's maximum liability exceed the high bid on that lot, which bid shall be deemed
for all purposes the value of the lot. After one year has elapsed from the close of the Auction,
Auctioneer's maximum liability shall be limited to any commissions and fees Auctioneer earned
on that lot.
MEMORABILIA & HISTORICAL TERM E: On the fall of Auctioneer's hammer, buyer assumes full
risk and responsibility for lot, including shipment by common carrier, and must provide their own
insurance coverage for shipments.
MEMORABILIA & HISTORICAL TERM F: Auctioneer complies with all Federal and State rules
and regulations relating to the purchasing, registration and shipping of firearms. A purchaser is
required to provide appropriate documents and the payment of associated fees, if any. Purchaser is
responsible for providing a shipping address that is suitable for the receipt of a firearm.
MEMORABILIA & HISTORICAL TERM G: Firearms. All firearms, antique, modern, or collectible,
are sold "AS IS". Auctioneer has not inspected the lot for damage or defect patent or latent that
may affect the firing or attempted firing of the lot. Purchaser assumes the obligation to inspect
the lot before an attempted firing. Auctioneer suggests that each lot be thoroughly inspected by
a professional gunsmith. Heritage specifically disclaims any warranty of fitness for a particular
purpose or any warranty express or implied or otherwise stated. Auctioneer disclaims any liability
pertaining to the lot. Purchaser assumes all RISK of LOSS in the handling of the firearm.
MEMORABILIA AND HISTORICAL TERM H: Screen Shot. Screen shots included in the catalog or
on the Heritage Internet are provided for reference only. Important Notice: Many identical versions
of props and costumes are created for film and television productions in the normal course of a
production. Heritage does not warrant or represent that the screen shots referenced are exact
images of the offered item (unless specifically noted in the written description). Use of a screen
shot does not constitute a warranty or representation of authenticity or provenance. There is not a
right of return or refund based upon a claim arising out of or pertaining to any reference to a
screen shot.
SPECIAL TERM I - GUITARS: Bidders are urged to make a personal inspection of any guitar that
they intend to bid on as there is a limited right of return. Heritage makes a visual inspection of
the guitars to determine whether there are patent defects and whether the date and manufacturer
corresponds to the description. Returns are not accepted for latent defects, structural issues, or
mechanical and sound reproduction issues. It should be assumed that set up, adjustments and
normal maintenance are necessary.
MEMORABILIA & HISTORICAL TERM J: Financing. Auctioneer offers various extended payment
options to qualified pre-approved persons and companies. The options include Extended Payment
Programs (EPP) Flexible Payment Program (FPP) and Dealer Terms. Each program has its specific
terms and conditions and such terms and conditions are strictly enforced. Each program has to be
executed by the purchaser. Auctioneer reserves the right to alter or deny credit and in such case
these auction terms shall control.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.3-23-2015
Rev.8-14-2014
Additional Terms & Conditions:
FINE & DECORATIVE ARTS AUCTIONS
FINE AND DECORATIVE ARTS TERM A: LIMITED WARRANTY: Auctioneer warrants
authorship, period or culture of each lot sold in this catalog as set out in the BOLD-face type
heading in the catalog description of the lot, with the following exclusions. This warranty does
not apply to:
i. authorship of any paintings, drawings or sculpture created prior to 1870, unless the lot is
determined to be a counterfeit which has a value at the date of the claim for rescission which is
materially less than the purchase price paid for the lot; or
ii. any catalog description where it was specifically mentioned that there is a conflict of specialist
opinion on the authorship of a lot; or
iii. authorship which on the date of sale was in accordance with the then generally accepted
opinion of scholars and specialists, despite the subsequent discovery of new information,
whether historical or physical, concerning the artist or craftsman, his students, school,
workshop or followers; or
iv. the identification of periods or dates of execution which may be proven inaccurate by means
of scientific processes not generally accepted for use until after publication of the catalog, or
which were unreasonably expensive or impractical to use at the time of publication of the
catalog.
The term counterfeit is defined as a modern fake or forgery, made less than fift y years ago
with the intent to deceive. The authenticity of signatures, monograms, initials or other similar
indications of authorship is expressly excluded as a controlling factor in determining whether
a work is a counterfeit under the meaning of these Terms and Conditions of Auction.
FINE AND DECORATIVE ARTS TERM B: GLOSSARY OF TERMS: Terms used in this catalog
have the following meanings. Please note that all statements in this catalog, excluding those
in BOLD-face type, regarding authorship, attribution, origin, date, age, provenance and
condition are statements of opinion and are not treated as a statement of fact.
1. THOMAS MORAN In our opinion, the work is by the artist.
2. ATTRIBUTED TO THOMAS MORAN
In our opinion, the work is of the period of the artist which may be whole or in part the
work of the artist.
3. STUDIO, (CIRCLE OR WORKSHOP) OF THOMAS MORAN
In our opinion, the work is of the period and closely relates to his style.
4. SCHOOL OF THOMAS MORAN
In our opinion, the work is by a pupil or a follower of the artist.
5. MANNER OF THOMAS MORAN
In our opinion, the work is in the style of the artist and is of a later period.
6. AFTER THOMAS MORAN
In our opinion, this work is a copy of the artist.
7. ASCRIBED TO THOMAS MORAN
In our opinion, this work is not by the artist, however, previous scholarship has noted this to
be a work by the artist.
8. SIGNED (OR DATED)
The work has a signature (or date) which is in our opinion is genuine.
9. BEARS SIGNATURE (OR DATE)
The work has a signature (or date) which in our opinion is not authentic.
FINE AND DECORATIVE ARTS TERM C: PRESENTMENT: The warranty as to authorship is
provided for a period of one (1) year from the date of the auction and is only for the benefit of
the original purchaser of record and is not transferable.
FINE AND DECORATIVE ARTS TERM D: The Auction is not on approval. Under extremely
limited circumstances (e.g. gross cataloging error), not including attributions in BOLD-face
type, which are addressed in Term F below, a purchaser who did not bid from the floor may
request Auctioneer to evaluate voiding a sale; such request must be made in writing detailing
the alleged gross error, and submission of the lot to Auctioneer must be pre-approved by
Auctioneer. A bidder must notify the appropriate department head (check the inside front
cover of the catalog or our website for a listing of department heads) in writing of the
purchaser's request within three (3) days of the non-floor bidder's receipt of the lot. Any lot
that is to be evaluated for return must be received in our offices within 40 days after Auction.
AFTER THAT 40-DAY PERIOD, NO LOT MAY BE RETURNED FOR ANY REASON. Lots
returned must be in the same condition as when sold and must include any Certificate of
Authenticity. No lots purchased by floor bidders (including those bidders acting as agents for
others) may be returned. Late remittance for purchases may be considered just cause to revoke
all return privileges.
FINE AND DECORATIVE ARTS TERM E: The catalog descriptions are provided for identification
purposes only. Bidders who intend to challenge a BOLD-face provision in the description of
a lot must notify Auctioneer in writing within forty (40) days of the Auction's conclusion. In
the event Auctioneer cannot deliver the lot or subsequently it is established that the lot lacks
title or the BOLD-face section of description is incorrect, or other transfer or condition issue
is claimed, Auctioneer's liability shall be limited to rescission of sale and refund of purchase
price. In no case shall Auctioneer's maximum liability exceed the successful bid on that lot,
which bid shall be deemed for all purposes the value of the lot. After one year has elapsed from
the close of the Auction, Auctioneer's maximum liability shall be limited to any commissions
and fees Auctioneer e arned on that lot.
FINE AND DECORATIVE ARTS TERM F: Any claim as to authorship, provenance, authenticity,
or other matter under the remedies provided in the Fine Arts Terms and Conditions or
otherwise must be first transmitted to Auctioneer by credible and definitive evidence within
the applicable claim period. Auctioneer, in processing the written claim, may require the
Purchaser to obtain the written opinion of two recognized experts in the field who are
mutually accepted by Auctioneer and Purchaser. Upon receipt of the two opinions, Auctioneer
shall determine whether to rescind the sale. The Purchaser's claim must be presented in
accord with the remedies provided herein and is subject to the limitations and restrictions
provided (including within the described time limitations). Regardless of Purchaser's
submissions there is no assurance after such presentment that Auctioneer will validate the
claim. Authentication is not an exact science and contrary opinions may not be recognized
by Auctioneer. Even if Auctioneer agrees with the contrary opinion of such authentication
and provides a remedy within these Terms and Conditions or otherwise, our liability for
reimbursement for bidder's third party opines shall not exceed $500. The right of rescission,
return, or any other remedy provided in these Terms and Conditions, or any other applicable
law, does not extend to authorship of any lot which at the date of Auction was in accordance
with the then generally accepted opinion of scholars and specialists, despite the subsequent
discovery of new information, whether historical or physical, concerning the artist, his
students, school, workshop or followers. Purchaser by placing a bid expressly waives any
claim or damage based on such subsequent information as described herein. It is specifically
understood that any refund agreed to by the Auctioneer would be limited to the purchase
price.
FINE AND DECORATIVE ARTS TERM G: Provenance and authenticity, excluding attributions in
BOLD-face type, are guaranteed by neither the consignor nor Auctioneer. While every effort
is made to determine provenance and authenticity, it is the responsibility of the Bidder to
arrive at their own conclusion prior to bidding.
FINE AND DECORATIVE ARTS TERM H: On the fall of Auctioneer's hammer, Buyers of Fine Arts
and Decorative Arts lots assumes full risk and responsibility for lot, including shipment by
common carrier or third-party shipper, and must provide their own insurance coverage for
shipments.
FINE AND DECORATIVE ARTS TERM I: Auctioneer complies with all Federal and State rules
and regulations relating to the purchasing, registration and shipping of firearms. A purchaser
is required to provide appropriate documents and the payment of associated fees, if any.
Purchaser is responsible for providing a shipping address that is suitable for the receipt of a
firearm.
FINE AND DECORATIVE ARTS TERM J: Right of Inspection and Return on Certain Lots.
Framed Lots estimated at $1000 or less shall not be unframed for inspection and may not be
returned based on condition and are sold "AS IS".
Further to paragraph 36A in the Terms and Conditions of Auction, please note that items
containing ivory may not be shipped internationally or in some cases, domestically. By placing
a bid the bidder acknowledges that he is aware of the restriction and takes responsibility in
obtaining and paying for any license or permits relevant to the delivery of the product. Heritage
Auctions does not accept liability for errors or for failure to mark lots containing protected or
regulated species.
Heritage Auctions strongly encourages in-person inspection of lots by the Bidder. While Heritage
is not obligated to provide a condition report of each lot, Bidders may feel free to contact the
department for a Condition Report, and Heritage will attempt to furnish one, but shall not be liable
for failing to do so. Condition is often detailed online, but is not included in our catalogues. The
Bidder should review online descriptions, as the descriptions supersede catalog descriptions and
any condition reports otherwise provided. Heritage condition statements whether appearing in
the catalog, online, or at a person's request are based on a visual inspection and are for guidance
only and should not be relied upon as statements of fact, and do not constitute a representation,
warranty, or assumption of liability by Heritage. Please note that we do not de-frame lots estimated
at $1,000 or less and may not be able to provide additional details for lots valued under $500. All
lots offered regardless of a condition report are sold "AS IS".
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Additional Terms & Conditions:
SPORTS COLLECTIBLES AUCTIONS
SPORTS COLLECTIBLES TERM A: Signature� Auctions are not on approval. No certified material may
be returned because of possible differences of opinion with respect to the grade offered by any thirdparty
organization, dealer, or service. No guarantee of grade is offered for uncertified Property sold
and subsequently submitted to a third-party grading service. There are absolutely no exceptions to
this policy. Under extremely limited circumstances, (e.g. gross cataloging error) a purchaser, who
did not bid from the floor, may request Auctioneer to evaluate voiding a sale; such request must
be made in writing detailing the alleged gross error, and submission of the lot to the Auctioneer
must be pre-approved by the Auctioneer; A bidder must notify the appropriate department head
(check the inside front cover of the catalog or our website for a listing of department heads) in
writing of such request within three (3) days of the mail bidder's receipt of the lot. Any lot that is to
be evaluated must be in our offices within 30 days after Auction. Grading does not qualify for this
evaluation process nor do such complaints constitute a basis to challenge the authenticity of a lot.
AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE RETURNED FOR REASONS OTHER THAN
AUTHENTICITY. Lots returned must be housed intact in the original holder. No lots purchased by
floor Bidders (including those Bidders acting as agents for others) may be returned. Late remittance
for purchases may be considered just cause to revoke all return privileges.
SPORTS COLLECTIBLES TERM B: Auctions conducted solely on the Sunday Internet Sales THREE
(3) DAY RETURN POLICY. All lots paid for within seven days of the Sunday Internet-only Auction
closing are sold with a three (3) day return privilege. You may return lots under the following
conditions: Within three days of receipt of the lot, you must first notify Auctioneer by contacting
Client Service by phone (877-HERITAGE (437-4824)) or e-mail (Bid@HA.com), and immediately
mail the lot(s) fully insured to the attention of Returns, Heritage, 3500 Maple Avenue, 17th Floor,
Dallas TX 75219-3941. Lots must be housed intact in their original holder and condition. You
are responsible for the insured, safe delivery of any lots. A non-negotiable return fee of 5% of the
purchase price ($10 per lot minimum) will be deducted from the refund for each returned lot
or billed directly. Postage and handling fees are not refunded. After the three-day period (from
receipt), no items may be returned for any reason. Late remittance for purchases revokes all Return
privileges. The return policy for all other sports auctions including Signature Sales and Signature
Internet Sessions remain as stated in the standard Terms and Condition of Auction which precedes
the Special terms section.
SPORTS COLLECTIBLES TERM C: Bidders who have inspected the lots or had the opportunity to
Inspect the lots prior to any Auction will not be granted any return privileges.
SPORTS COLLECTIBLES TERM D: Sportscards sold referencing a third-party grading service are
sold "as is" without any express or implied warranty. Certain warranties may be available from
the grading services and the Bidder is referred to them for further details: Professional Sports
Authenticator (PSA), P.O. Box 6180 Newport Beach, CA 92658; Sportscard Guaranty LLC (SGC)
P.O. Box 6919 Parsippany, NJ 07054-6919; Global Authentication (GAI), P.O. Box 57042 Irvine, Ca.
92619; Beckett Grading Service (BGS), 15850 Dallas Parkway, Dallas TX 75248.
SPORTS COLLECTIBLES TERM E: On any lot presented with a Letter of Authenticity ("LOA") issued
by Auctioneer or its Heritage affiliates, that warranty inures only to the original purchaser (as
shown in Auctioneer's records) "Purchaser". Purchaser may not transfer the rights afforded under
the LOA and it is null and void when Purchaser transfers or attempts to transfer the lot. The LOA
warranty is valid from date of the auction in which Purchaser was awarded the lot to four (4) years
after its purchase. The LOA warranty is valid as to its attribution to the person or entity described
or to the lot's usage, e.g. game worn. Claim procedure: Purchaser must contact the Auctioneer
prior to submission of the lot as to his intent to make a claim and arrange secure shipment. If a lot's
authenticity is questioned by Purchaser within the warranty period, Purchaser must present with
the claim, authoritative written evidence that the lot is not authentic as determined by a known
expert in the sports field. If Auctioneer concurs that the lot is not as represented, Purchaser shall
be refunded their purchase price. If the Auctioneer denies the claim, the Purchaser may file the
dispute with the American Arbitration Association with locale in Dallas, Texas, before a single
arbitration under expedited rules. The LOA does not provide for incidental or consequential
damages or other indirect damages. Any lot sold with a certificate of authenticity or other warranty
from an entity other than Auctioneer or Heritage's affiliates is subject to such issuing entity's rules
and such conditions are the sole remedy afforded to purchaser. For information as to third party
authentication warranties the bidder is directed to: PSA/DNA, P.O. Box 6180 Newport Beach, CA
92658 (800) 325-1121. James Spence Authentication (JSA), 2 Sylvan Way, Suite 102 Parsippany, NJ
07054 (888) 457-7362; or as otherwise noted on the Certificate.
SPORTS COLLECTIBLES TERM F: Bidders who intend to challenge authenticity or provenance of a
lot must notify Auctioneer in writing within thirty (30) days of the Auction's conclusion. In the
event Auctioneer cannot deliver the lot or subsequently it is established that the lot lacks title,
provenance, authenticity, or other transfer or condition issue is claimed, Auctioneer's liability shall
be limited to rescission of sale and refund of purchase price; in no case shall Auctioneer's maximum
liability exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the
lot. After one year has elapsed, Auctioneer's maximum liability shall be limited to any commissions
and fees Auctioneer earned on that lot.
SPORTS COLLECTIBLES TERM G: Auctioneer shall not be liable for any patent or latent defect or
controversy pertaining to or arising from any encapsulated collectible. In any such instance,
purchaser's remedy, if any, shall be solely against the service certifying the collectible.
SPORTS COLLECTIBLES TERM H: Due to changing grading standards over time, differing
interpretations, and to possible mishandling of items by subsequent owners, Auctioneer reserves
the right to grade items differently than shown on certificates from any grading service that
accompany the items. Auctioneer also reserves the right to grade items differently than the grades
shown in the prior catalog should such items be reconsigned to any future auction.
SPORTS COLLECTIBLES TERM I: Although consensus grading is employed by most third-party
services, it should be noted as aforesaid that grading is not an exact science. In fact, it is entirely
possible that if a lot is broken out of a plastic holder and resubmitted to another grading service or
even to the same service, the lot could come back with a different grade assigned.
SPORTS COLLECTIBLES TERM J: Financing. Auctioneer offers various extended payment options to
qualified pre-approved persons and companies. The options include Extended Payment Programs
(EPP) Flexible Payment Program (FPP) and Dealer Terms. Each program has its specific terms and
conditions and such terms and conditions are strictly enforced. Each program has to be executed
by the purchaser. Auctioneer reserves the right to alter or deny credit and in such case these auction
terms shall control.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.10-14-2014
Additional Terms & Conditions:
COMICS, COMIC ART, & ANIMATION ART AUCTIONS
COMICS, COMIC ART, & ANIMATION ART TERM A: Signature� Auctions are not on approval.
No certified material may be returned because of possible differences of opinion with respect to
the grade offered by any third-party organization, dealer, or service. No guarantee of grade is
offered for uncertified Property sold and subsequently submitted to a third-party grading service.
There are absolutely no exceptions to this policy. Under extremely limited circumstances, (e.g.
gross cataloging error) a purchaser, who did not bid from the floor, may request Auctioneer to
evaluate voiding a sale; such request must be made in writing detailing the alleged gross error, and
submission of the lot to the Auctioneer must be pre-approved by the Auctioneer. A bidder must
notify the appropriate department head (check the inside front cover of the catalog or our website
for a listing of department heads) in writing of such request within three (3) days of the non-floor
bidder's receipt of the lot. Any lot that is to be evaluated must be in our offices within 30 days after
Auction. Grading does not qualify for this evaluation process nor do such complaints constitute
a basis to challenge the authenticity of a lot. AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE
RETURNED FOR REASONS OTHER THAN AUTHENTICITY. Lots returned must be housed intact
in the original holder. No lots purchased by floor Bidders may be returned (including those Bidders
acting as agents for others). Late remittance for purchases may be considered just cause to revoke all
return privileges.
COMICS, COMIC ART, & ANIMATION ART TERM B: Auctions conducted solely on the Internet
have a THREE (3) DAY RETURN POLICY: Lots paid for within seven days of the Auction closing
are sold with a three (3) day return privilege. You may return lots under the following conditions:
Within three days of receipt of the lot, you must first notify Auctioneer by contacting Client Service
by phone (877-HERITAGE (437-4824)) or e-mail (Bid@HA.com), and immediately mail the lot(s)
fully insured to the attention of Returns, Heritage, 3500 Maple Avenue, 17th Floor, Dallas TX 75219-
3941. Lots must be housed intact in their original holder and condition. You are responsible for the
insured, safe delivery of any lots. A non-negotiable return fee of 5% of the purchase price ($10 per
lot minimum) will be deducted from the refund for each returned lot or billed directly. Postage and
handling fees are not refunded. After the three-day period (from receipt), no items may be returned
for any reason. Late remittance for purchases revokes all Return-Restock privileges.
COMICS, COMIC ART, & ANIMATION ART TERM C: Bidders who have inspected the lots prior to the
auction will not be granted any return privileges.
COMICS, COMIC ART, & ANIMATION ART TERM D: Comic books sold referencing a third-party
grading service are sold "as is" without any express or implied warranty. Certain warranties may be
available from the grading services and the Bidder is referred to them for further details: Certified
Guaranty Company, LLC (CGC), P.O. Box 4738, Sarasota, FL 34230; Comic Book Certification
Service (CBCS), P.O. Box 33048, Saint Petersburg, FL 33733-8048.
COMICS, COMIC ART, & ANIMATION ART TERM E: Bidders who intend to challenge authenticity
or provenance of a lot must notify Auctioneer in writing within thirty (30) days of the Auction's
conclusion. In the event Auctioneer cannot deliver the lot or subsequently it is established that the
lot lacks title, provenance, authenticity, or other transfer or condition issue is claimed, Auctioneer's
liability shall be limited to rescission of sale and refund of purchase price; in no case shall
Auctioneer's maximum liability exceed the high bid on that lot, which bid shall be deemed for all
purposes the value of the lot. After one year has elapsed, Auctioneer's maximum liability shall be
limited to any commissions and fees Auctioneer earned on that lot.
COMICS, COMIC ART, & ANIMATION ART TERM F: All comics are guaranteed genuine, but are not
guaranteed as to grade, since grading is a matter of opinion, an art and not a science, and therefore
the opinion rendered by the Auctioneer or any third party grading service may not agree with the
opinion of others (including trained experts), and the same expert may not grade the same item
with the same grade at two different times.
COMICS, COMIC ART, & ANIMATION ART TERM G: Since we cannot examine encapsulated
comics, they are sold "as is" without our grading opinion, and may not be returned for any reason.
Auctioneer shall not be liable for any patent or latent defect or controversy pertaining to or arising
from any encapsulated collectible. In any such instance, purchaser's remedy, if any, shall be solely
against the service certifying the collectible.
COMICS, COMIC ART, & ANIMATION ART TERM H: Due to changing grading standards over time,
differing interpretations, and to possible mishandling of items by subsequent owners, Auctioneer
reserves the right to grade items differently than shown on certificates from any grading service
that accompany the items. Auctioneer also reserves the right to grade items differently than the
grades shown in the prior catalog should such items be reconsigned to any future auction.
COMICS, COMIC ART, & ANIMATION ART TERM I: Although consensus grading is employed by
most grading services, it should be noted as aforesaid that grading is not an exact science. In fact, it
is entirely possible that if a lot is broken out of a plastic holder and resubmitted to another grading
service or even to the same service, the lot could come back with a different grade assigned.
COMICS, COMIC ART, & ANIMATION ART TERM J: Certification does not guarantee protection
against the normal risks associated with potentially volatile markets. The degree of liquidity
for certified collectibles will vary according to general market conditions and the particular lot
involved. For some lots there may be no active market at all at certain points in time.
COMICS, COMIC ART, & ANIMATION ART K: Financing. Auctioneer offers various extended payment
options to qualified pre-approved persons and companies. The options include Extended Payment
Programs (EPP) Flexible Payment Program (FPP) and Dealer Terms. Each program has its specific
terms and conditions and such terms and conditions are strictly enforced. Each program has to be
executed by the purchaser. Auctioneer reserves the right to alter or deny credit and in such case
these auction terms shall control.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.3-30-2015
Additional Terms & Conditions:
JEWELRY, WATCH & LUXURY ACCESSORY AUCTIONS
JEWELRY, WATCH & LUXURY ACCESSORY TERM A: JEWELRY: As most jewelry sold at auction has
been worn, and may have been previously repaired, altered, or embellished, ALL LOTS are sold AS
IS. Such wear, repairs or changes may display varying levels of evidence, so it is the responsibility of
each prospective bidder to fully inspect each lot before bidding and rely upon their own judgment
prior to placing a bid. Bidder acknowledges that the absence of any reference to their condition does
not imply the absence of wear, repairs, or defects.
JEWELRY, WATCH & LUXURY ACCESSORY TERM B: WATCHES: As most watches sold at auction
have been worn, and may have been previously repaired, altered, or embellished, ALL LOTS
are sold AS IS. Such wear, repairs or changes may display varying levels of evidence, so it is the
responsibility of each prospective bidder to fully inspect each lot before bidding and rely upon
their own judgment prior to placing a bid. Bidder acknowledges that the absence of any reference to
their condition does not imply the absence of wear, repairs, or defects. No item shall be considered
eligible for return unless its original Heritage security tag remains attached and intact.
JEWELRY, WATCH & LUXURY ACCESSORY TERM C: All descriptions and statements in this
catalog and subsequent invoices regarding measurement, authorship, source or origin, or other
aspects are qualified opines and do not constitute a warranty or representation, and are provided
for identification purposes only. Auctioneer warrants only such authorship, period or culture of
each lot is as set out in the BOLD faced type heading in the catalog description of the lot, with
the following exclusions: this warranty does not apply to any catalog description where it was
specifically mentioned that there is a conflict of specialist opinion on the authorship of a lot; or
authorship which on the date of Auction was in accordance with the then generally accepted
opinion of scholars and specialists, despite the subsequent discovery of new information, whether
historical or physical, concerning the artist or craftsman, his students, school, workshop or
followers; or opines which may be proven inaccurate by means of scientific processes not generally
accepted for use or which were unreasonably expensive or impractical to use at the time of
publication of the catalog. Such limited warranty as to authorship is provided for a period of one (1)
year from the date of the auction and is only for the benefit of the original purchaser of record and
is not transferable, and any claim regarding a bold-faced provision must be accompanied by two
written letters by independent and authorized appraisers in support of the claim. It is specifically
understood that any refund agreed to by the Auctioneer would be limited to the purchase price.
JEWELRY, WATCH & LUXURY ACCESSORY TERM D: The Auction is not on approval. Under
extremely limited circumstances not including authenticity (e.g. gross cataloging error), a
purchaser who did not bid from the floor may request Auctioneer to evaluate voiding a sale; such
request must be made in writing detailing the alleged gross error, and submission of the lot to
Auctioneer must be pre-approved by Auctioneer. A bidder must notify the appropriate department
head (check the inside front cover of the catalog or our website for a listing of department heads)
in writing of the purchaser's request within three (3) days of the non-floor bidder's receipt of the
lot. Any lot that is to be evaluated for return must be received in our offices within 30 days after
Auction. AFTER THAT 30 DAY PERIOD, NO LOT MAY BE RETURNED FOR ANY REASONS.
Lots returned must be in the same condition as when sold and must include any Certificate of
Authenticity. No lots purchased by floor bidders may be returned (including those bidders acting as
agents for others). Late remittance for purchases may be considered just cause to revoke all return
privileges.
JEWELRY, WATCH & LUXURY ACCESSORY TERM E: Pre-auction estimates of value or "bidding
estimates" are opines provided solely as a convenience to clients, and should only be used as
approximations of current market value. Estimates do not include Buyer's Premiums or sales tax.
JEWELRY, WATCH & LUXURY ACCESSORY TERM F: In the event Auctioneer cannot deliver the lot
or subsequently it is established that the lot lacks title or the bold faced section of description is
incorrect, or other transfer or condition issue is claimed, Auctioneer's liability shall be limited to
rescission of sale and refund of purchase price; in no case shall Auctioneer's maximum liability
exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the lot. After
one year has elapsed, Auctioneer's maximum liability shall be limited to any commissions and fees
Auctioneer earned on that lot.
JEWELRY, WATCH & LUXURY ACCESSORY TERM G: Provenance and authenticity are not
guaranteed by the consignor or the Auctioneer. While every effort is made to determine provenance
and authenticity, it is the responsibility of the Bidder to arrive at their own conclusion prior to
bidding. Provenance or other information regarding history of ownership may be provided if
known, or may be excluded at the request of the consignor.
JEWELRY, WATCH & LUXURY ACCESSORY TERM H: On the fall of Auctioneer's hammer, Buyers
assume full risk and responsibility for lot, including shipment by common carrier or third-party
shipper, and must provide their own insurance coverage for shipments.
JEWELRY, WATCH & LUXURY ACCESSORY TERM I: Watches in waterproof and water-resistant
cases have been opened to identify type and condition. Auctioneer cannot guarantee that the
watches are waterproof or water-resistant at the time of purchase. Buyers are advised to have the
watches checked by a competent watchmaker with respect to such attributes.
JEWELRY, WATCH & LUXURY ACCESSORY TERM J: All dimensions in catalog descriptions are
approximate.
JEWELRY, WATCH & LUXURY ACCESSORY TERM K: Condition reports are provided as a service
to clients. Buyers should note that descriptions of property are not warranties and that watches
may need general service, change of battery or further repair work for which the buyer is solely
responsible.
JEWELRY, WATCH & LUXURY ACCESSORY TERM L: Watch bands made from protected species (i.e.
alligator, crocodile) and items made of ivory and tortoise may be subject to restrictions in certain
countries.
JEWELRY, WATCH & LUXURY ACCESSORY TERM M: Any property made of or incorporating
endangered or protected species or wildlife may have import and export restrictions established
by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
These items are not available to ship Internationally or in some cases, domestically. By placing a bid
the bidder acknowledges that he is aware of the restriction and takes responsibility in obtaining and
paying for any license or permits relevant to delivery of the product. Lots containing potentially
regulated wildlife material are noted in the description as a convenience to our clients. Heritage
Auctions does not accept liability for errors or for failure to mark lots containing protected or
regulated species.
JEWELRY, WATCH & LUXURY ACCESSORY TERM N: Descriptions of Handbags, Purses, and
Wallets may denote that the hardware is "gold" or 'silver". Such terms refer to the metal color of
the hardware, rather than that the hardware is made of a precious metal. Unless there is specific
mention as to carat weight or precious metal weight of the hardware, all descriptions using the
terms "gold" or 'silver" are descriptive of color of the hardware, not a reference to the hardware
being made or platted with a precious metal.
JEWELRY, WATCH & LUXURY ACCESSORY TERM O: California State law prohibits the importation
of any product containing Python skin into the State of California, thus no lot containing Python
skin will be shipped to or invoiced to a person or company in California.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.3-25-2015
Additional Terms & Conditions
WINE AUCTIONS
WINE AUCTION TERM A: Bidder's Age: You must be at least 21 years of age to participate in our
auctions.
WINE AUCTION TERM B: Descriptions: While Auctioneer has attempted to describe all property
as accurately as possible, such description is based upon a physical inspection and observation.
Auctioneer does not warrant or represent, and denies responsibility for the accuracy of the
descriptions, encompassing but not limited to, vintage, provenance, authenticity, quality and
condition as may be stated on the site. Any and all statements made relating to the property
offered on the site are merely statement of opinion and at no time can be construed as warranties
and representations of fact or assumptions of any liability on the part of Auctioneer. Auctioneer
reserves the right to amend the description of any lot by means of an announcement either oral
or electronic. And may withdraw any lot.
WINE AUCTION TERM C: Lots sold "AS IS" "WHEREAS": Buyer accepts all purchases "AS IS" and
"WHEREAS", notwithstanding any other terms of the Conditions of Sale.
WINE AUCTION TERM D: Notice: The wine industry estimates a seven percent (7%) age of all
wine sealed with natural corks are ruined because of a natural fungus in corkwood that produces
the chemical compound trichloroanisole. In almost all cases of "corked" wine, the aroma of the
wine is reduced significantly, and a heavily tainted wine is completely undrinkable. Since all of
our wine is consigned, and much of it very rare, we cannot replace wines that have been ruined
because of cork taint. We do not accept returns of corked wine nor do we refund for corked wine.
WINE AUCTION TERM E: Shipping: All items will be available to the Buyer for pickup or shipment
upon Buyer's payment of the purchase price and prepaid shipping charges. Please note that due
to the temperature-sensitivity of wine and complicated wine shipping regulations, we do not
automatically ship wine lots. Please contact the Wine department at WineAuctionShipping@
HA.com or (310) 492-8635 to make your shipping arrangements. All lots are delivered by Buyer's
preferred method of shipping or by Auctioneer's selection if no Buyer preference is indicated.
Buyer shall assume full responsibility for shipping expenses. This includes shipping costs,
packing, and handling. Buyers need to be aware that many states impose restrictions on the
quantity of alcoholic beverages purchased or brought into its jurisdiction from another state.
Special permits may be required; Auctioneer takes no responsibility for any shipment to any state
outside of California nor any confiscation of a shipment to any state.
WINE AUCTION TERM F: Risk of Loss: The sale of the wine between Auctioneer and Buyer
takes place at Auctioneer's California facility. Risk of Loss passed to Buyer upon Auctioneer's
determination of the winning bid. Auctioneer will not reimburse Buyers for lost or damaged
shipments. Auctioneer will take precautions to package the wine according to industry standards
to minimize the possibility of damage. Auctioneer does not cover any loss or damage due to
exposure to temperature variations, shipping delays or defect in or failure of any cork or other
bottle closure.
WINE AUCTION TERM G: Shipment outside of California: The primary means of distribution will
be common carrier. All wines are to be sold in California by Seller and title passes to Buyer in
California. Auctioneer makes no representation as to the rights of anyone to import wine into
any state that restricts the personal importation of wine, the wine will be held at Auctioneer's
facility on behalf of Buyer until Buyer makes arrangements to ship the lot to an address in a state
that permits such shipments or receives Buyer's other written instructions.
STORAGE CHARGES: Wines not picked up within one (1) months of the auction will accrue charges
of $10.00 per case or partial case per month. Charges will be applied on the first day of the
subsequent month and each month thereafter. Wines will not be released or shipped to customers
until storage fees are paid.
WINE AUCTION TERM H: Weather: When the weather is too hot or too cold to safely ship wines,
Auctioneer will temporarily store Buyers? wines at no charge.
WINE AUCTION TERM I. Change in Condition: Though every effort is made to describe or measure
the levels of older vintages, corks more than twenty (20) years old begin to lose their elasticity
and levels can change between cataloging and sale. Old corks occasionally fail during or after
shipment. Buyers must understand that there is always a risk of cork failure with old wines.
Under no circumstances can an adjustment of price or credit be made after delivery.
WINE AUCTION TERM J: License: Heritage Collectibles, Inc. licensed in the State of California and
holds Type 17 and 20 licenses No 5000295.
WINE AUCTION TERM K: Financing. Auctioneer offers various extended payment options to
qualified pre-approved persons and companies. The options include Extended Payment Programs
(EPP) Flexible Payment Program (FPP) and Dealer Terms. Each program has its specific terms and
conditions and such terms and conditions are strictly enforced. Each program has to be executed
by the purchaser. Auctioneer reserves the right to alter or deny credit and in such case these
auction terms shall control.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.8-14-2014
Additional Terms & Conditions
DOMAIN NAMES & INTELLECTUAL PROPERTY AUCTIONS
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM A: A domain name must be registered
with the current domain registrar for at least 60 days before being transferred to another
registrar. Transfers within the current registrar are not limited. Heritage will facilitate the
transfer of domains from the consignor, and, separately, to the Buyer. Transfer of domain
ownership may take up to 14 days after payment has been verified. Any transfer and/or renewal
fees (which vary by registrar) are to be paid by the Buyer to the registrar.
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM B: If the change of ownership cannot be
completed for any reason, Buyer acknowledges and agrees that Auctioneer shall have no liability
or responsibility regarding the same. In the event that the domain name cannot be registered
with any registrar through no fault of the Buyer and settlement with the consignor has been
made, any action to rescind or negate the purchase shall be solely between the Buyer and the
consignor.
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM C: Statistics about domains may be
provided by Auctioneer in the catalog and online descriptions (e.g. Google Search Results,
Google PPC Rate, Domain Age, Year of Registration, traffic and earnings statements, etc.). This
information was valid to the best of Auctioneer's belief based upon third-party information at the
time of cataloging, and does not represent a guarantee in any way.
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM D: Buyer is responsible for ensuring that
your use of the domain name does not infringe upon any third-party rights, relevant laws, or
regulations.
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM E: Buyer agrees that country code top
level domain names ("ccTLDs") may have unique requirements for ownership. Before you bid on
any ccTLD, you should review the registry rules, policies, and agreements for the ccTLD to ensure
that you can be in compliance with all eligibility requirements.
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM F: Buyer shall in all registration
processes accurately complete the application form(s) throughout the process, and Auctioneer
and consignor shall not be liable for any false or misleading information provided in the
application process
DOMAIN NAMES & INTELLECTUAL PROPERTY TERM G: S To the extent that the Properties are
subject to dispute resolution either under the "UDRP" or the "DMCA", Buyer agrees to be joined
into such dispute resolution procedures as a party and/or with the consignor. If there is a dispute
by the Buyer as to his election of registrar, neither the consignor nor Auctioneer shall be involved
in that dispute resolution.
For wiring instructions call the Credit department at 877-HERITAGE (437-4824)
or e-mail: CreditDept@HA.com
Rev.11-12-13
New York State Auctions Only
Notice as to an Auction in New York City. These Terms and Conditions of Sale are designed
to conform to the applicable sections of the New York City Department of Consumer Affairs
Rules and Regulations as Amended. This sale is a Public Auction Sale conducted by Heritage
Auctioneers & Galleries, Inc. #1364738. The New York City licensed auctioneers are: Samuel
Foose 0952360; Robert Korver 1096338; Kathleen Guzman 0762165; Michael J. Sadler 1304630;
Scott Peterson 1306933; Andrea Voss 1320558; Nicholas Dawes 1304724; Ed Beardsley 1183220;
Bob Merrill 1473403; Paul Minshull 2001161; Fiona Elias 2001163; Brian Nalley 2001162;
Jennifer Marsh 2009623; Alissa Ford 2009565, who will conduct the Sale on behalf of itself
and Heritage Auctioneers & Galleries, Inc. All lots are subject to: the consignor's rights to
bid thereon in accord with these Terms and Conditions of Sale, consignor's option to receive
advances on their consignments, and Auctioneer, in its sole discretion, may offer limited
extended financing to registered bidders, in accord with Auctioneer's internal credit standards
or receive a guaranty. A registered bidder may inquire whether a lot is subject to an advance, a
reserve, or a guaranty. Auctioneer has made advances to various consignors in this sale and a
guaranty. On lots bearing an estimate, the term refers to a value range placed on an item by the

 

Auctioneer in its sole opinion but the final price is determined by the bidders. Rev 3-23-2015