WASHINGTONIAN ASIAN ART SUMMER SALE 202001

Payment & Bidder Agreement The following, as amended by any posted notices or announcements during the sale, constitutes the entire terms and conditions on which property listed in the catalog shall be offered for sale or sold by Washingtonian Auction (WA). PLEASE READ THIS ENTIRE AGREEMENT. TERMS AND CONDITIONS OF SALE 1. All items are sold AS IS, WHERE IS with all faults. ALL SALES ARE FINAL - NO REFUNDS AND NO EXCHANGES. WE AND THE CONSIGNOR DISCLAIM ANY AND ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. NO WARRANTIES ARE MADE THAT ANY OF THE MERCHANDISE COMPLIES WITH ANY APPLICABLE GOVERNMENTAL RULES, REGULATIONS OR ORDINANCES OF ANY KIND OR NATURE WHATSOEVER. All items are available for inquiries prior to bidding. Written and oral descriptions are our opinions and should in no way be construed as a guarantee of any kind as to authenticity, age, condition, materials or any other feature of items being sold. WA attempts to catalog every lot correctly and will attempt to point out any defects but will not be responsible or liable for the correctness of the catalog or other descriptions of the lot. By placing a bid, either by phone, absentee or via the Internet, you signify that you have known the items as fully as you desire to or that you have chosen not to examine them. If you require absolute certainty in all areas of authenticity, and the results of your evaluation leave uncertainty in your mind, we recommend you have an expert examine the lot for you or do not bid on the item in question. 2. All property is sold AS IS, WHERE IS and neither WA nor the consignor makes any warranties or representations of any kind or nature with respect to property or its value, and in no event shall be responsible for the correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of property or estimate of value. No statement (oral or written) in this catalog, at the sale, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. All measurements are approximate. 3. The successful bidder is the highest bidder acknowledged by the auctioneer. In the event of any dispute between bidders, or in the event of doubt on WA's part as to the validity of any bid, the auctioneer will have the final discretion either to determine the successful bidder or to re-offer and resell the article in dispute. If any dispute arises after the sale, WA's sale record is conclusive. 4. The purchaser assumes full responsibility for items at the fall of the hammer. 5. A 21% for online buyer's premium, plus 5% Live Auctioneers fee will be added to the hammer price on each lot sold. 6. For all residents of Maryland, 6% sales tax will be added to your invoice. 7. PAYMENT: We accept bank wire transfers, personal or company check, cashier's check, money order, Visa, Master Card. We also accept Pay Pal payments. For items purchased online, you will be emailed an invoice within 24 hours after the auction. It is your responsibility to contact us at 301-515-5925, 301-219-8568 or email us at WashingtonianAuction@gmail.com. If paying by check, money order, or cashier's check, WA reserves the right to hold all purchases until the check has cleared to the satisfaction of WA and its bank. IF THERE EVER IS A CASE OF A REFUND BEING ISSUED, YOU WILL BE CHARGED A 15% RESTOCKING FEE AND YOU WILL BE RESPONSIBLE TO PAY SHIPPING FEES AND BUYER'S PREMIUMS WILL NOT BE REFUNDED. PLEASE BID RESPONSIBLY AND ASK ALL QUESTIONS PRIOR TO PLACING A BID. 8. WA reserves the right to withdraw any lot at any time before, during, or after the auction without liability. 9. The auctioneer reserves the right to reject any bid at any time and as his sole discretion. 10. A range of estimates is given on each lot with a low and a high estimate. Estimates should not be relied on as a prediction of the actual selling or resale price. 11. On the fall of the auctioneer's hammer, ownership of the offered lot will pass to the highest bidder acknowledged by the auctioneer, subject to fulfillment by such bidder, of all the conditions set forth herein, and such bidder thereupon a) assumes full risk and responsibility thereof, but not limited to, insurance, fire, theft, removal and storage or damage from any and all causes, and b) will pay the full purchase price thereof or such part as we may require. In addition to other remedies available to us by law, we reserve the right to impose a late charge of 1 1/2% per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. REGARDING ANY PURCHASER WHO IS REPRESENTED BY A BIDDER: BIDDERS ARE PERSONALLY AND INDIVIDUALLY RESPONSIBLE FOR ANY OBLIGATIONS OF THE PURCHASER SET FORTH IN THE TERMS AND CONDITIONS OF SALE. If any applicable conditions herein are not complied with by the purchaser, in addition to other remedies available to us and the Consignor by law, including, without limitation, the right to hold the purchaser liable for the total purchase price, we at our option may either, a) cancel the sale, retaining as liquidated damages all payments made by the purchaser, or b) resell the property at public auction without reserve, and the purchaser will be liable for any deficiency costs including handling charges, the expenses of both sales, our commissions on both sales at our regular rates, reasonable attorney's fees, incidental damages, and all other charges due hereunder. In the event that such a buyer pays a portion of the purchase price for any or all lots purchased, MAG shall apply the payment received to such lot or lots that MAG in its sole discretion deems appropriate. In the case of default, purchaser shall be liable for legal fees and expenses. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. 12. In the unlikely event we lose our Internet connection, WA reserves the right in its sole and absolute discretion to cancel the remainder of the auction. 13. **Auctioneer has final discretion on sale of an item. His word is final.** **IMPORTANT - PLEASE READ*** AS YOU HAVE ACKNOWLEDGED BY AGREEING TO THE TERMS OF THIS AUCTION, THERE ARE NO REFUNDS OR EXCHANGES. IN THE EVENT THAT YOU REQUEST AND ARE GRANTED BY WA A RETURN, CANCELLATION, OR REFUND, YOU AGREE THAT YOU ARE STILL RESPONSIBLE TO PAY A 15% RESTOCKING FEE BASED ON THE FINAL SALE PRICE (I.E. THE HAMMER PRICE) OF EACH ITEM THAT IS RETURNED PLUS THE ENTIRE BUYER'S PREMIUM FOR EACH ITEM AS WELL AS ALL OF THE SHIPPING/HANDLING CHARGES. THIS MEANS THAT THE RESTOCKING FEE, BUYERS' PREMIUM AND SHIPPING/HANDLING CHARGES ARE NEVER ELIGIBLE FOR A REFUND OR RETURN. Will Call of items is not allowed. Coming to our offices to view items is also not allowed. ***IMPORTANT*** - All items are shipped insured. Please be sure that you understand our shipping policies prior to bidding. If you are unclear, please contact us at WashingtonianAuction@gmail.com for clarification. If you are still unsure, please enjoy the auction however, please do not bid. IMPORTANT Notices & Disclaimers - Please Read Regarding Appraised Jewelry and Loose Stones - WA sends them out to a third party for Retail Replacement Value Appraisals, which are the most common. These types of evaluations are written for insurance needs. This would be the cost to replace the jewelry with an item of equal quality and kind, considered to be the current market price or the replacement value. This type of appraisal is done to protect you in the event of damage or loss of a valuable item. Our appraisals are conducted by independent 3rd Party appraisal firms that utilize Certified GIA Gemologist. Appraisals should be used for verification of gemstone and/or metal weight, size, and grade only, not actual value. Appraisal value should be considered for insurance purposes only, not actual value, as price varies greatly from retail locations thru out the world. Items should not be purchased with the expectation to resell for appraisal price, or for profit. Again, Terms & Conditions 1.) All items are sold "As is and Where is", with all faults. There are no warranties or representations of merchantability or fitness, nor of any other kind, express or implied. All items are available for your examination prior to bidding. Your bidding will signify that you have examined the items as fully as you desire, or that you have chosen not to examine them. Written and oral descriptions are our opinions and should be in no way construed as a guarantee of any kind as to age, condition, materials or any other feature of items being sold. Our goal is to provide prospective bidders with accurate and detailed information. We recommend prospective bidders examine all items in which they have an interest. If you require absolute certainty in all areas of authenticity; and the results of your evaluation leave uncertainty in your mind; we recommend you do not bid on the item in question. We do not give refunds and All Sales are Final. No statement written or oral made by the auctioneer and /or its staff shall be deemed a warranty or assumption of liability by Washingtonian Auction or by any seller represented by Washingtonian Auction. 2.) If a lot is offered with a reserve, the reserve maybe printed following the description and bidding will typically begin at that price. However, the Auctioneer may at his or her discretion open the bidding at a lower amount. 3.) Once we declare that an item is "Sold", we cannot reopen the bidding. It is the bidder's responsibility to get our attention prior to the Auctioneer saying "Sold". We reserve the right to reject any bids deemed inappropriate. If an item is withdrawn from the auction it maybe offered again, but only at the auctioneer's discretion. 4.) Payment must be made by cash (In House Only), approved check, bank wire transfer, Visa, MasterCard, Discover, American Express, or Paypal. We reserve the right to require bank checks for large purchases. Buyers not known to us who wish to write a check, must first provide a current letter of credit from their bank guaranteeing funds for that account. Credit arrangements must be made by the Friday prior to the day of the auction so bank statements can be verified. We reserve the right to not issue a buyers' number or to withhold merchandise, if appropriate credit has not been established. 5.) Payment for all purchases is expected at the time of purchase. Payment for successful absentee, phone bids and Internet bids are required within five (5 -10) business days of the auction. 6.) We are pleased to offer absentee bidding for prospective bidders who cannot attend our auctions. Absentee bids left with us are executed competitively and confidentially. In the case of identical bids left with us, the bid received first will prevail. Bids that are left on LiveAuctioneers are not executed until the item is offered in the live auction and the order in which they are received is not a factor.

If you have not contacted Washingtonian Auction to arrange payment within 3 days of the time that invoice is sent, we will charge the credit card you used to register for the auction for the amount of your invoice.