20TH / 21ST CENTURY FINE ART

The best way to receive a quick response to requests for condition reports and additional photos is to contact us directly or call us at 610-558-1800 to speak to a staff member. Opinions of grading and condition for all lots in this sale are stated for informational purposes only! Please examine lots carefully before bidding, no returns are accepted!! The best way to receive a quick response to requests for condition reports and additional photos is to contact us directly or call us at 610-558-1800 to speak to a staff member. This will assure the most rapid response possible. We only accept credit cards for domestic purchases under $1000. International purchases must be paid for by wire transfer. Only bidders with LONGSTANDING RECORDS OF CREDIT WITH US WILL BE EXCEPTED FROM THIS RULE.All payments must be made within 10 banking days of the sale. *Please keep in mind when bidding we do NOT offer any in-house shipping.* Any lots which remain on Bunch's premises longer than 10 business days following the sale will incur a charge for storage and handling of $5.00 per day for each lot. WE are not responsible for damage to items once they leave our premises!!! Have your insurance in place or take your chances!!!!! We use third party shippers. Please read the shipping paragraph above for details. If you would like to pick up your items or make your own shipping arrangements, please notify our office as soon as possible and we will hold your items at our warehouse accordingly. For an estimate on shipping costs please contact Mail Service Center at 610-872-5662 They seem to provided the best response time according to some of our buyers. To the best of our ability, all works of art are described in accordance with industry standard cataloging terms with respect to authorship. Due diligence should be performed prior to bidding, not after. Returns and refund will not be considered unless the request for a return and refund is accompanied by a notarized statement from a generally accepted authority on a particular work. By registering for and participating in this auction, you agree that you have read and will abide by these and all other terms of sale as stated here and elsewhere by the auctioneer. All State, Federal, and International Laws pertaining to trade in endangered species will be obeyed. There are many items containing parts of endangered species that cannot be shipped out of the Commonwealth of PA. Buyers Premium 25% of Hammer Price includes the 5% Live Auctioneers fee for online buyers at LiveAuctioneers We accept Visa/MC/Discover only for US purchases of $1000 and less. All other payments must be by wire transfer. Wire Transfers are required for overseas transactions. Exceptions may be made for longstanding customers of William Bunch Auctions. All balances must be made within 10 banking days of the sale. William H. Bunch, Auctions & Appraisals, LLC will offer the property described in this catalogue, which description may be amended by salesroom notice or announcement, for sale on behalf of various consignors. Unless otherwise indicated in the catalogue, William H. Bunch, Auctions & Appraisals, LLC will offer all property as agent for the seller. These CONDITIONS OF SALE and the LIMITED WARRANTY and ABSENCE OF OTHER WARRANTIES set forth below, together with any glossary contained herein, constitute the complete and exclusive statement of the terms and conditions on which all property is offered for sale. William H. Bunch, Auctions & Appraisals, LLC reserves the right to vary terms of sale and any such variance shall become a part of these conditions of sale. By bidding at auction, whether present in person or by agent, by written bid, telephone or other means, the buyer agrees to be bound by these conditions of sale. 1. As used in these conditions of sale, the term "final bid" means the highest bid acknowledged by the auctioneer and the term "purchase price" means the sum of the final bid plus the premium payable by the buyer, as set forth in Condition 4. 2. The highest bidder acknowledged by the auctioneer shall be the buyer. The auctioneer has the right to reject any bid, to advance the bidding at his absolute discretion and in the event of any dispute between bidders to determine the successful bidder, to continue the bidding or to re-offer and resell the lot in dispute. In the event of any dispute after the sale, William Bunch Auctions & Appraisals, LLC record of final sale shall be conclusive. 3. William Bunch Auctions & Appraisals, LLC reserves the right to withdraw any lot before the sale. 4. The purchase price payable by all internet buyers shall be the sum of the final bid plus a premium of 25% of the final bid which includes the 5% Live Auctioneers fee for online buyers at LiveAuctioneers.com. In addition, buyers are required to pay any sales tax, which may be due, unless exempted by law. 5. Title to the offered lot shall pass to the buyer upon the fall of the auctioneer's hammer and announcement by the auctioneer that the lot has been sold, subject to compliance by the buyer with all other conditions of sale. The buyer shall forthwith assume full risk and responsibility for the lot and shall pay the full purchase price or such part thereof as the auction house, in its sole discretion, shall require. In addition, the buyer may be required to sign a confirmation of purchase. 6. No lot may be removed from William Bunch Auctions & Appraisals, LLC premises until the buyer has paid in full the purchase price thereof or has satisfied such terms as the auction house, in its sole discretion, shall require. Subject to the foregoing, all lots are to be paid for and removed from Bunch's premises at the buyer's expense no later than 4:30 p.m. of the third business day following the sale. The buyer of any lot which remains on Bunch's premises later than 4:30 p.m. of the third business day following the sale will incur a charge for storage and handling of $5.00 per day for each lot. In addition to other remedies available by law, auction house reserves the right to impose a late charge of 1 % per month on the purchase price if the buyer does not make payment in full in accordance with these conditions of sale. Time required to arrange shipping on absentee and internet purchases will be considered, but payment is due in 10 business days. 7. Bids which are submitted to William Bunch Auctions & Appraisals, LLC in writing or are otherwise left with Bunch's prior to an auction for execution at or below a specified price, as well as telephone bids, shall be entertained and executed by William Bunch Auctions & Appraisals, LLC for the convenience of bidders not present at auction, but William Bunch Auctions & Appraisals, LLC shall not be responsible for failing to execute such bids or for errors relating to its execution of such bids. 8. Unless exempted by law, the buyer shall be required to pay any applicable Federal excise tax and state and local sales tax on the purchase price. 9. If the buyer fails to comply with any of these conditions of sale, Bunch's may in addition to asserting all remedies by law, including the right to hold such defaulting buyer liable for the purchase price, (I) cancel the sale, retaining as liquidated damages any payment made by the buyer, (ii) resell the property without reserve at public auction or privately on seven days notice to the buyer or (iii) take such other action as it deems necessary or appropriate. If William Bunch Auctions & Appraisals, LLC resells the property, the original defaulting buyer shall be liable for the payment of any deficiency in the purchase price and all costs and expenses, including warehousing, the expenses of both sales, reasonable attorneys' fees, commissions, incidental damages and all other charges due here listed. In the event that such buyer pays a portion of the purchase price for any or all lots purchased, William Bunch Auctions & Appraisals, LLC shall apply the payment received to such lot or lots that William Bunch Auctions & Appraisals, LLC in its sole discretion, deems appropriate. Any buyer who fails to comply with these conditions of sale will be deemed to have granted William Bunch Auctions & Appraisals, LLC a security interest in, and Bunch's may retain a collateral security for such buyer's obligations to William Bunch Auctions & Appraisals, LLC any property in William Bunch Auctions & Appraisals, LLC possession owned by such buyer. William Bunch Auctions & Appraisals, LLC shall have the benefit of all rights of a secured party under the Uniform Commercial Code adopted in the state where the auction is held. 10. The respective rights and obligations of the parties with respect to the conditions of sale and the conduct of the auction shall be governed and interpreted by the laws of the state of Pennsylvania. By bidding at an auction, whether present in person or by agent, by absentee bid, telephone or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the courts of the state and Federal courts sitting in the state. 11. William Bunch Auctions & Appraisals, LLC does not provide an in-house shipping service. Bunch Auctions may, in its discretion and as a service to buyers, arrange to have purchased lots packed, insured, and forwarded by a third-party shipper at the request, expense, and risk of the buyer. Bunch's assumes no responsibility for acts or omissions in such packing or shipping by Bunch's or other packers or carriers, whether or not recommended by William H. Bunch, LLC. It shall be the potential buyer's sole responsibility to research and satisfy the requirements of any laws and regulations that apply to the import and export of property as described in the aforementioned paragraphs. Prospective buyers must also note that the inability or delay in obtaining permits, licenses or other permissions to import or export property containing potentially regulated wildlife material will not constitute a basis for rescission or cancellation of the sale of said property or the delay in payment of purchased items in accordance with the Conditions of Sale. 13. Jewelry Sold at William Bunch Auctions & Appraisals, LLC: It is the responsibility of the bidder to examine carefully any item(s) of potential interest. For all the jewelry sold at William Bunch Auctions & Appraisals, LLC the following applies: All gemstone weights are approximate. Items identified as 14K, 18K, sterling, or other specific assays are stamped as such and are described accordingly. We generally test unmarked metals with 14K acid and those items that test positive are called "unmarked gold." When we say "tests as high karat" we mean that the metal tested positive with 18 K acid, but no warranty is given as to the actual karat assay of any metal under any circumstance. We are aware of the many types of treatments and/or enhancements used today on diamonds and colored stones. The purpose is to improve their appearance i.e. color and/or clarity. Techniques like heat treatments, color diffusion, irradiated, HTHP, oiling, resin, bleaching, dying and impregnation are just a few techniques known today. Some treatments combined. Some treatments are not detectable using standard gemological procedures. Not all treatments are permanent. Prospective buyers are therefore reminded that unless otherwise noted in the description(s), it must be assumed that some form of enhancement may have been used. Regarding laboratories certification: The certifications mentioned in the descriptions only reflect the opinions of the laboratory. From one laboratory to another they do differ on the degrees of grading and/or treatments. And if a stone has a certificate from a laboratory we cannot guarantee this grading. 14. To Prospective Buyers of Clocks and Watches The description of the condition of clocks and watches in this catalogue, including references to defects and repairs, is provided as a service to prospective buyers, but such description is not necessarily complete. While William Bunch Auctions & Appraisals, LLC will furnish a condition report on any lot to a prospective purchaser upon request, any such report may also be incomplete and may not specify all mechanical replacements or defects. Accordingly, all clocks and watches should be viewed personally by prospective buyers to evaluate the condition of the property offered for sale. All lots are sold "as is," and the absence of any reference to the condition of a clock or watch does not imply that the lot is in good condition and without defects, repairs or restorations. Virtually all clocks and watches have been repaired in the course of their normal useful lifetime and may now incorporate parts not original to them. Furthermore, William Bunch Auctions & Appraisals, LLC makes no representation that any clock or watch is in working order. 15. Asian Arts Disclaimer: We are aware of the many types of treatments and/or enhancements used today on jade. The purpose is to improve their appearance, i.e. color and/or clarity. Techniques like bleaching, dying and impregnation are just a few techniques known today. These treatments are not detectable using standard gemological procedures. Not all are permanent. Prospective buyers are therefore reminded that unless otherwise noted in the description(s),* it must be assumed that some form of enhancement may have been used. * Accompanied by a laboratory report stating natural, no evidence of treatment. 16. Buyer's Premium and Sales Tax Bidders are reminded that the purchase price to be paid by the highest bidder shall be the sum of the final bid plus 18% of the final bid which includes the 5% Live Auctioneers fee for online buyers at LiveAuctioneers. In addition, buyers are required to pay any sales tax, which may be due, unless exempted by law. 17. Price Range Estimates This catalogue may be published with the opinion of William Bunch Auctions & Appraisals, LLC as to the estimated price range for each lot. These estimates are the approximate prices expected to be realized at auction. They should not be relied upon as a prediction or guarantee of the actual selling price. They are well in advance of the sale and are subject to revision. The estimates printed in the auction catalogue do not include the buyer's premium. 18. Bidding Generally The auctioneer will accept bids from bidders present in the salesroom, absentee bidders participating in the auction by telephone or internet and absentee bidders who leave written, or order, bids with William Bunch Auctions & Appraisals, LLC in advance of the auction. Some lots offered may be subject to a reserve. The reserve is a confidential minimum price agreed upon by the consignor and William Bunch Auctions & Appraisals, LLC below which the lot will not be sold. A representative of William Bunch Auctions & Appraisals, LLC will execute such reserves by bidding for the consignor. Reserves are set at or below the estimated range. Under no circumstances will reserve amounts be disclosed to prospective bidders. 19. Absentee Bids When bidders are unable to attend the sale, the auction house will be pleased to enter their absentee bids. These bids should always be made or confirmed in writing by fax or internet bid. Such bids will be executed at the lowest price taking into account the reserve price and other bids. If two or more parties have entered matching bids, the first bid received shall take preference. The auctioneer may execute bids for absentee bidders directly from the podium. 20. Telephone Bids Telephone bids will also be executed for absentee bidders who wish to participate in the auction. Arrangements for telephone bidding must be confirmed in advance with the office, 610-558-1800. The staff will execute telephone bids from designated areas in the salesroom. 21. Condition Report William Bunch Auctions & Appraisals, LLC will be pleased to provide a condition report for any lot on request. Nevertheless, prospective buyers are reminded that each lot is sold "as is," and their attention is drawn to the Important Notice set forth below. 22. Important Notice All property is sold "as is," and neither William Bunch Auctions & Appraisals, LLC nor the seller makes any express or implied warranty or representation as to the condition of any lot offered for sale, and no statement made at any time, whether oral or written, shall constitute such warranty or representation. Descriptions or conditions are not warranties. The descriptions of the conditions of articles in this catalogue, including all references to damages or repairs, are provided as a service to interested persons and do not negate this paragraph. Accordingly, all lots should viewed by prospective buyers to evaluate the condition of the property offered for sale.

To the best of our ability, all works of art are described in accordance with industry standard cataloging terms with respect to authorship. Due diligence should be performed prior to bidding, not after. Returns and refund will not be considered unless the request for a return and refund is accompanied by a notarized statement from a generally accepted authority on a particular work. By registering for and participating in this auction, you agree that you have read and will abide by these and all other terms of sale as stated here and elsewhere by the auctioneer.