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Lots 1 - Garth's Auctions, Inc.

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GARTH’S POLICY<br />

GUARANTEE:<br />

Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. continues to be committed to providing thorough descriptions that reflect our belief in service through honesty, integrity and<br />

attention to detail. Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. guarantees the authenticity of origin as stated in the first bold line of the catalogue description, with the<br />

exception of amendments by any oral or written notices or announcements at the time of the auction. “Origin” is defined as the creator, period, culture,<br />

or source, as set forth in the first bold line of a lot in the catalog. Exclusions – Notwithstanding any other provision of these Terms of Guarantee, Garth’s<br />

<strong>Auctions</strong>, <strong>Inc</strong>. does not guarantee the names or patterns of any Oriental rugs. All rug dimensions are approximate. Garth’s does not guarantee the<br />

authenticity of any item created before 1500. Regarding all jewelry, all weights, grades, sizes, and metal content(s) are approximate. Regarding colored<br />

stones: purchasers are reminded that colored stones and diamonds may be enhanced by using one or more techniques, including but not limited to:<br />

clarity enhancements, resins, and heat treatment. Garth’s makes no warranty express or implied to the buyer as to whether a natural stone has been<br />

enhanced. Additionally, antiques, by the very nature of their age, have wear that reflects their years of use. As a result, honest wear earned from use is<br />

to be expected and is sometimes the proof that an item is an antique. Normal wear will not be listed. Buyers who would like to know the fine points<br />

regarding condition should call prior to the auction. We would prefer that you examine the items before you place a bid. All other guarantees of<br />

authenticity of authorship, expressed or implied, are hereby disclaimed. There is no other warranty, express or implied. Each and every lot is sold “as is”.<br />

BUYING FOR OUR ACCOUNT:<br />

The owners and employees of Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. never have, nor ever will buy any item at our auction for ourselves.<br />

LIABILITY:<br />

Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. guarantees the authenticity of origin of a lot for a period of twenty-one days from the date of the auction and only to the original<br />

purchaser of record at the auction. If it is determined to Garth’s <strong>Auctions</strong>, <strong>Inc</strong>.’s satisfaction that the first bold line is incorrect, the sale will be rescinded<br />

provided the lot is returned to Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. in the same condition in which it was at the time of the auction. It is also Garth’s <strong>Auctions</strong>, <strong>Inc</strong>.’s<br />

policy to have the purchaser obtain, at the purchaser’s expense, the opinion of one (or two in some cases) recognized experts in the field, mutually<br />

acceptable to Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. and the purchaser, before Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. determines whether to rescind the sale under the above guarantee.<br />

The purchaser’s sole remedy in the event of disputed authenticity of origin of any lot shall be the rescission of the sale and return of the original purchase<br />

price and premium paid by the purchaser. Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. accepts no liability of any kind for an item after the gavel has fallen.<br />

WITHDRAWN LOTS:<br />

Garth’s Auction, <strong>Inc</strong>. reserves the right to withdraw any property before the auction and shall have no liability whatsoever for withdrawal of the property.<br />

SUCCESSFUL BIDDERS:<br />

The highest bidder acknowledged by the auctioneer is the buyer. The auctioneer is the sole determinant as to who is the successful bidder. Once the<br />

auctioneer’s gavel falls, the successful bidder immediately assumes full risk and responsibility for the purchased lot.<br />

DISPUTED AND REJECTED BIDS:<br />

The auctioneer reserves the right to re-open the bidding on the disputed lot. The auctioneer also reserves the right to reject nominal bids and to withdraw<br />

from the auction items that do not receive a bid reflective of an item’s worth. We make every attempt, for the benefit of both seller and buyer, to create<br />

lots that reflect the quality of our cataloged merchandise. Therefore, any lot not receiving an opening bid of at least $50.00 will be passed.<br />

ESTIMATES & RESERVES:<br />

Presale estimates are intended as guides and may not be reflective of actual gavel price. Some of the items in this auction are subject to a reserve. The<br />

reserve is a confidential minimum price agreed upon by the consignor and Garth’s <strong>Auctions</strong>, <strong>Inc</strong>. The reserve will not be higher than the low estimate.<br />

DEFINITIONS OF STATEMENTS:<br />

a) “Attributed to” – work is of the period of the named artist and may be the work of that artist, but not definitely so. b) “Circle of” – work of the period<br />

closely associated with the artist or from his studio. c) “School of” – work by a pupil or follower of the artist, in his style. d) “After” – in our opinion, a<br />

copy of the work of the artist. e) “Signed” – has a signature that in our opinion is the signature of the artist. f) “Bears signature” – has signature that in our<br />

opinion might be the signature of the artist.<br />

PREVIEWS:<br />

We encourage our clients to come and examine the items before each auction. Preview times are listed in the forward of each catalog. The stage is closed<br />

during the auction.<br />

148 | GARTH’S September 2 - 3, 2011

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