UNRESERVED SOUTHERN ESTATES AUCTION

CONDITIONS OF SALE: 1. All Sales are Final. 2. All merchandise must be paid for immediately after each auction. There will be no release of any merchandise until full and final payment has been made. 3. Terms: Cash; checks will be considered cash provided release of any merchandise until full and final payment has been made. 4. The highest bidder shall be the buyer. Any disputation will result in the merchandise being held until the check clears. 5. All lots are sold as shown and as is, with all faults, imperfections, and errors of description. Neither Charlton Hall Galleries, Inc., its employees and/or agents are responsible for errors of description or genuineness or authenticity of any lot, or for any fault or defect in any lot. No warranties or representations whatsoever are given by Charlton Hall Galleries, Inc., its employees and/or agents, to any buyer in respect to any lot. 6. We reserve the right to withdraw any property before sale. 7. The Seller shall be entitled to place a reserve on any lot, which is a minimum price below which such lot will not be sold. Charlton Hall Galleries, Inc. may implement such reserves by bidding on behalf of the Seller. 8. In the event that the buyer fails to comply with any of the above conditions or fails to pay for or take away any lot in accordance with Conditions 2 and 3, Charlton Hall Galleries, Inc., in addition to other remedies available to us and the Seller by law, including without limitation, the right to hold the buyer liable for the total purchase price, plus reasonable attorney's fees connected therewith, may at our option either (a) cancel the sale, retaining as liquidated damages all payments made by the buyer, or (b) resell the property at public auction without reserve, and the initial defaulting buyer will be liable for any deficiency, costs, including handling charges, expenses of both sales, our commission for both sales at our regular rates, and all incidental damages. 9. We reserve the right, in our discretion, to execute order bids or accept telephone bids as a convenience to clients who are not present at any auctions. Such bids must be accompanied by a 25% deposit to be refunded if the bid is unsuccessful. Charlton Hall Galleries, Inc., is not responsible for any errors or omissions in connection with such absentee bids. Charlton Hall Galleries, Inc., does not guarantee the bid and assumes no responsibility for notifying an absentee bidder of the results of the auction. 10. Charlton Hall Galleries, Inc., reserves the right to allow its employees to bid competitively at all auctions. 11. Notwithstanding any terms of the Conditions of Sale, if within 5 working days of the sale, (1) Charlton Hall Galleries, Inc. has received notice in writing from the buyer of any jewelry that the jewelry has been misdescribed as to the physical qualities of the jewelry and (2) such misdescription is confirmed by a certified letter from an appraiser satisfactory to Charlton Hall Galleries, Inc. then Charlton Hall Galleries, Inc. will set aside the sale and refund to the buyer the amount paid by the buyer for the lot. Physical qualities of the jewelry is limited to descriptions of karat (the quality of gold), weight of metal, type of stone or metal, carat (weight of stone), and cut of stone. The above provisions allowing return and refund will not be applicable upon evidence of any physical removal or tampering. 12. A 5% South Carolina sales tax applies to each lot. 13. A premium of 17% of the successful bid price will be added thereto and is payable by the purchaser as part of the total purchase price of each lot. REMOVAL OF ITEMS: 1. Unless different arrangements have been agreed upon, all purchases must be removed by the buyer by 5:00 P.M. on the 5th business day following the sale. Purchases not removed will be subject to a handling charge of $2.00 per day. 2. Charlton Hall Galleries, Inc., or its employees will assist you in the handling and packing of your purchases, but this is undertaken solely as a courtesy for the convenience of our clients. Charlton Hall Galleries, Inc. and/or its employees will not accept any risk or responsibility for any damages or breakage that may occur; this is the purchaser's sole responsibility.