Photographs - Day Two - 20th, 19th C. & Latin

CONDITIONS OF SALE AND LIMITED WARRANTY Each lot in this catalogue is subject to the following Terms and Conditions of Sale, as supplemented in writing or otherwise by Ashe Auctioneers, Inc. prior to the sale. By registering to bid at the auction, or by placing a bid by any means, you agree to these Terms and Conditions of Sale. "We," "us," "our," "Ashe Auctioneers, Inc.," "AAI," and all other similar terms refer to Ashe Auctioneers, Inc. and its agents; "you," "your," "buyer," or similar terms refer to a person bidding on or buying property. Terms and Conditions of Sale Ashe Auctioneers, Inc. conducts business as an auctioneer commission-agent in its own name on behalf of its voluntary consignors and from time to time on its own behalf. Catalogue Information All auction catalogue information posted on-line at the Live Auctioneers website, or any other live bidding platform, including but not limited to the auction Cataloguing Practices, Auction Material, Duration and Time of Auction, Buyer's Premium, Condition, Types of Bidding, Payment, Shipping, Lots per Hour, Taxes, Terms & Conditions, Contract, and Registration is hereby incorporated as part of these Terms and Conditions. Any pre-sale announcements made by the auctioneer immediately prior to the start of the auction are incorporated herein as well. Description and Condition of Lots All objects put up for auction may be viewed and examined prior to the sale, by appointment. Catalogue descriptions are created with as much care as possible, but the descriptions do not fall under the statutory paragraph for guaranteed legal characteristics. Solely as a convenience, AAI may provide condition reports. Many items are of an age or nature that precludes their being in perfect condition. Some descriptions in the catalogue are given by way of a condition report (made either orally or in writing), which makes reference to damage and/or restoration. We provide this information for guidance only and the absence of such a reference does not imply that an item is free from defects or restoration, nor does a reference to particular defects imply the absence of any others. AAI is not liable for any defects. In the case of a justified claim (determined in our sole discretion), however, we will accept the responsibility to make a claim for restitution on behalf of the buyer against the consignor within a period of 12 months, running from the fall of the hammer. In the event of a successful claim, AAI will refund the hammer price plus premium to the buyer. Any representation or statement by AAI in any catalogue, brochure, or advertisement of forthcoming sales as to authorship, attribution, genuineness, origin, date, age, provenance, condition, or estimated selling price is a statement of opinion only. Every person interested should exercise his own judgment as to such matters, and neither AAI nor any of its agents are responsible for the correctness of such opinions. Except as stated under "Limited Warranty" in the paragraph below, all property is sold "as is," with no representation or warranty of any kind from AAI or the consignor. Buyers are advised to personally examine any property on which they intend to bid prior to the auction. All dimensions are approximate. The condition of frames is not guaranteed. Except as noted in this paragraph, all lots in the sale are offered for the account of a third party, without any interest (direct or indirect) of the auctioneer or AAI. Where AAI or an affiliate of AAI is the sole or partial owner of the property, there is no symbol next to the lot description. Where the lot is offered for the account of a third party, it is noted by the symbol next to the description of that lot. Under no circumstance will the Consignor receive any rebate commission. Under no circumstance may the Consignor bid upon or buy back his property. Condition Reports and Returns All lots are sold AS IS and there will be NO RETURNS BASED ON CONDITION. Catalogue descriptions are composed with as much care as possible, but are OPINION ONLY, and do not fall under any statutory paragraph for guaranteed legal characteristics. Prospective buyers or their agents are advised to personally examine any property on which they intend to bid prior to the auction. Many items are of considerable age and will exhibit wear, usage, and damage often NOT LISTED IN THE CATALOGUE ENTRY. Some descriptions in the catalogue refer to specific damage and/or restoration. We provide this information for guidance only, without legal obligation, and the absence of condition remarks in the catalogue DOES NOT mean the item is in perfect condition. We recommend that every interested party exercise the best judgment possible based on direct physical examination of the property, as there are ABSOLUTELY NO RETURNS BASED ON CONDITION. Bidding at Auction All prospective bidders are required to register with AAI in advance of the sale. We may require photo identification and bank references for registration. By bidding at the auction, a buyer assumes personal responsibility to pay the purchase price bid, plus the buyer's premium and any additional charges that become due and payable in connection with the purchase of property. On the fall of the auctioneer's hammer, title to the offered lot will pass to the acknowledged bidder. At that time, the buyer assumes all risk of loss and damage to the property, and in addition any obligations, costs, and expenses relating to the handling, shipping, insurance, tax, and export of property. The highest bidder acknowledged by the auctioneer shall be deemed the buyer. The successful buyer is obliged to accept and pay for the lot. Ownership only passes to the buyer when full payment has been received. The buyer, however, immediately assumes all risks when the goods are knocked down to him. In case of identical bids, determination of the winning bidder shall be left to the sole discretion of AAI. AAI has the right, in its absolute discretion, to determine the conduct of the sale as it sees fit. It reserves the right to advance bidding, to reject bids, to combine lots, to split lots, to re-offer and resell lots, and to withdraw lots before the actual final sale. In any such case, the judgment of AAI is final, and shall be binding upon all participants. In the case of a written bid, the bidder commissions AAI to place bids on his behalf during the auction. In cases where there is a discrepancy between number and title in a written bid, the number shall prevail. We assume no responsibility for failure to execute any such bid, or for errors or omissions made in connection with the execution of any such bid. If requested prior to the sale, we will use reasonable efforts to contact the buyer by telephone to conduct a phone bid on the day of the sale, but we assume no responsibility for errors or omissions made in connection with any such arrangement. As a convenience to buyers who cannot be present on the day of the sale, we will use reasonable efforts to execute, on a competitive basis, bids left with us via the Internet, whether by absentee or a live bidding program. We assume no responsibility for failure to execute any such bid, or for errors or omissions made in connection with the execution of any such bid. All lots may be offered subject to a reserve, which is the confidential minimum price below which the lot will not be sold. AAI may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. AAI may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. The pre-sale estimates provided are intended as a guide to bidding. The figures are educated guesses, based on recent values. A bid between the listed figures would, in our opinion, have a chance of success (at the time that the catalogue was prepared). The estimates are exclusive of the buyer's premium, and may be revised at any time prior to the auction. Buyers are advised that there may be additional terms and conditions governing the use of Internet bidding services including, but not limited to, those providing for additional charges and fees relating to the execution of such bids. Buyers are therefore advised to familiarize themselves with any such terms and conditions prior to utilizing any Internet bidding service. The sale generally will be conducted in the following increments: From $0 to $99 = $10 increment From $100 to $499 = $25 increment From $500 to $999 = $50 increment From $1,000 to 2,499 = $100 increment From $2,500 to $4,999 = $250 increment From $5,000 to $9,999 = $500 increment From $10,000 and above = $1,000 increment or auctioneer's discretion Payment Upon the fall of the auctioneer's hammer, the buyer assumes all risk of loss and damage to the property, and in addition, any obligations, costs, and expenses relating to the handling, shipping, insurance, tax, export, and storage of property. A buyer's premium of 22 1/2% on the hammer price will be paid by the purchaser on lots sold for less than $50,000, and 10% on lots sold at $50,000 and above. All purchases will be subject to state sales tax unless the buyer has provided us with a valid certificate of exemption from such tax. Buyers are required to pay for purchases immediately following the auction unless other arrangements have been made in advance of the auction. Payments must be made in US Dollars, in any of the following acceptable forms of payment: -Wire (Bank) Transfer -Money Orders or Cashier's Checks -Personal or corporate checks -Visa or MasterCard credit cards Purchases over $1,000 may require payment by cash, check, money order, cashier's check, or wire transfer. Please contact the auction house for further information. No surcharge will be charged to the buyer for payments made via credit card. We reserve the right to delay delivery of any property until clearance or collection of funds in connection with any payment and, in any event, title to the property shall not pass to the buyer until collection of funds has occurred. If after seven (7) days from the auction date we have not received payment for lots purchased at auction, we reserve the right to charge the buyer's credit card on file. We may also report all outstanding balances to the credit bureaus. If after thirty days (30) from the auction date we have not received payment for lots purchased at auction, we reserve the right to cancel the sale of the lot(s) to the buyer. Auction lots, without exception, will only be handed over after payment has been made. Storage and dispatch are at the expense and risk of the buyer. Charges for dispatch, packing and insurance are billed separately. All property must be removed from AAI by the purchaser, at his expense, no later than fourteen (14) days following its sale, and if not so removed will accrue storage fees and/or interest at the seller's discretion. The purchaser shall be liable for all actual expenses incurred plus a storage charge of 5% of the purchase price. If fully paid for property is not picked up, or buyer has not arranged for shipping by AAI, within sixty (60) days following the auction sale date, the property may be considered abandoned and revert to the consignor or AAI. All property purchased by the buyer, whether at auction or in an after-sale, must be paid for in full before any of the property is released to the buyer. In the case of multiple purchases at auction and/or aftersale, the buyer may not rescind part of the transaction, by choosing to pay for one lot but not another. All purchases of any kind whatsoever must be paid in full, and then all purchases will be released in full. All items purchased are subject to payment of the City of Phoenix and State of Arizona sales taxes on the total purchase price (final bid plus the Buyer's Premium) unless the purchaser presents proof of exemption. Property not claimed by the buyer within two months (60 days) of the sale date may revert to the seller. Purchases shipped outside of Arizona are not subject to sales tax. The buyer is liable for acceptance of goods and for payment. In case of delayed payment the purchaser will be held responsible for all resultant damages, in particular interest and exchange losses. In such an event, AAI reserves the right to annul the purchase contract without further notice, and to claim damages from the buyer for non-fulfillment. Accordingly, AAI may re-auction the goods at the buyer's expense, in which case the buyer is liable for any loss incurred. The buyer shall have no claim if a higher price has been achieved. The buyer will not be permitted to bid on the re-offered lot. The place of fulfillment and jurisdiction is Phoenix, Arizona. Seller's Commission AAI generally charges a flat 10% commission on the hammer price of an item sold at its auctions. There is no additional charge to the seller for insurance, photography, color printing in the catalogue, buy-in fee, etc. The seller is liable only for shipping the item to AAI, and in the event it goes unsold, the shipping, handling, and packing costs of sending the item back to the seller. Limited Warranty We warrant the authenticity of each lot catalogued herein under the terms and conditions set forth below. Unless otherwise indicated in the respective catalogue descriptions (which are subject to amendment by oral or written notices or announcements made by AAI prior to the sale): (a) With respect to autographed material (letters, historic documents, literary and musical manuscripts, inscribed books, and signed photographs), we warrant without time limit the authenticity of each lot catalogued herein; (b) With respect to books, maps and atlases, and any other works not included in (a) above, unless physical inspection would reveal self-evident lack of authenticity, we warrant for a period of three (3) years from the date of the sale the authenticity of each lot catalogued herein. Except noted above, or unless otherwise indicated in the respective catalogue description, we warrant for a period of thirty (30) days from the date of sale to the original buyer of record, that each book or manuscript is complete in text and illustration and generally is in physical condition as may be reasonably expected considering the age and provenance. This warranty does not cover damages to binding, stains or foxing, wormholes, short leaves of text or plates or any defect not affecting the completeness of the text. Moreover, this warranty does not cover the lack of inserted advertisements, blank leaves, cancels, or subsequently published volumes. Serial publications, books in original parts, extra-illustrated books, made up "albums," and lots described as sold "as is," "sold not subject to return," "not collated," "collection of" or "group of," and any lot containing more than three (3) items, are sold "as is" and therefore not covered by these warranties. Books, manuscripts, prints, drawings, photographs, signatures, or any other property offered in a lot comprising more than three (3) items, whether or not such items are individually named, constitute "Grouped Lots." Such "Grouped Lots" are not subject to return for any reason. The benefits of these warranties are not assignable, are applicable only to the original buyer of the lot, and are conditioned on the buyer returning the work in the same condition in which it was received at time of sale and in the time period specified. The buyer's sole remedy under these warranties shall be the rescission of the sale and refund of the original purchase price paid for the item, and this remedy shall be exclusive and in lieu of any other remedy which might otherwise be available to the buyer as a matter of law. With respect to autographed material or any print, poster, drawing, painting, gouache, watercolor, photograph, sculpture, ceramic, or antique, in the event that a buyer claims that an item is not authentic, AAI shall have no obligation to rescind the sale unless the buyer has obtained, at the buyer's expense, the opinion of two recognized experts in the field, who are mutually agreeable to AAI and the buyer, that a lot or portion thereof is not authentic. Recession of Sale by Ashe Auctioneers If we become aware of an adverse claim by a third party relating to property purchased by the buyer, we may, in our discretion, rescind the sale. The buyer will promptly return the property to us, at which time we will refund the hammer price and the buyer's premium with respect to the property. This refund will represent the buyer's sole remedy against us and/or the consignor in case of a rescission of sale under this paragraph. After-Sales & Private Sales These Terms and Conditions of Sale shall govern any private sale of property by us not made through auction, including all transactions conducted at after-sale. This includes objects not offered for sale in the immediately prior auction as well as any objects that AAI has in its possession, whether consigned to AAI or owned outright by AAI, that AAI is offering for sale. All private and after-sale purchases are subject to the 22 1/2% buyer premium, as well as all costs related to shipping and handling. Shipping IT IS THE FULL RESPONSIBILITY OF THE WINNING BIDDER TO ARRANGE AND PAY FOR ALL PICK-UP, PACKING, AND SHIPPING SERVICES (including getting shipper's quotes for shipment of goods, especially furniture) related to the transport of lots purchased at auction and/or after-sale. Any such services provided or arranged by us are at the buyer's sole risk and expense; we assume no responsibility for any errors or omissions in connection with any such service or reference. Purchases shipped out of state are exempt from sales tax. IN-HOUSE SHIPPING IS AVAILABLE for qualified lots. Generally, qualified lots consist of "flat" artwork such as paintings, prints, and photographs, and do not include antiques and estate items, especially furniture. Shipping Costs will be individually calculated according to location and size of the object(s). Artwork will be packed by specialized experts. Additional fees may apply in the case of oversize and/or overweight objects, and if insurance is required. IN-HOUSE SHIPPING IS AVAILABLE FOR INTERNATIONAL ORDERS AS WELL (PLEASE INQUIRE FOR PRICE QUOTES). PLEASE CONTACT US TO ARRANGE FOR YOUR ITEMS TO BE SHIPPED IF YOU WISH US TO SHIP FOR YOU. While many shipments will be delivered within several weeks after each auction, it may take THREE TO FOUR WEEKS after PAYMENT is made before your order LEAVES our office due to the high volume of lots sold and requests for in-house shipping services. If you prefer to receive your auction items on a timelier basis, or to organize shipping for lots that do not qualify for in-house shipping, please contact the auction house for a list of local shipping agents. Copyright Notice All images and text contained in this catalogue or in any other publication by us in whatever form, shall remain the property of their respective owners, and the buyer shall have no right of ownership, use or reproduction of any such material by virtue of any purchase of property or otherwise. Governing Law By making a bid, either verbally in the auction, or by telephone, or written by letter, or fax, or email, or via the Internet, the bidder confirms that he has taken notice of these terms of sale by auction and accepts them. Agents who act on behalf of a third party are jointly and separately liable for the fulfillment of this contract on behalf of their principals. These conditions of sale will also apply to all purchases made out of this catalogue after the regular sale. The rights and obligations of the parties shall be governed by the laws of the State of Arizona. All bidders and the purchaser submit to the personal jurisdiction of the Arizona State courts and their rules and procedures in case of any dispute. Should one or the other of the above terms of sale become wholly or partly ineffective, the validity of the remainder is not affected.

Local taxes apply if the item(s) are not shipped out of state.

Condition, like beauty, is in the eye of the beholder. When we list condition information for a lot, it is our opinion only. The absence of condition information does not mean the item is in perfect condition. Certain objects, such as prints, photographs, and photogravures, may be affixed to mounting boards or support sheets, either contemporary or modern. We urge you to request a full condition report for any items in which you have an interest. Please refer to our Terms Conditions for more detail about Condition.

The following are some of the practices used by Ashe Auctioneers, Inc. in the cataloging of individual lots for sale: 1. Authorship of lots. Authorship for each lot is indicated using the following descriptions: Henri Matisse: In our opinion, a work by the artist. Henri Matisse (attributed to): In our opinion, probably a work by the artist but less certainty as to authorship is expressed than in the preceding category. Henri Matisse (studio of): In our opinion, a work by an unknown hand in the studio of the artist which may or may not have been executed under the direction of the artist. Henri Matisse (circle of): In our opinion, a work by an unknown hand closely associated with the named artist but not necessarily his student. Henri Matisse (style of) or (follower of): In our opinion, a work by an unknown, nearly contemporary or contemporary hand working in the artists style but not necessarily his student. Henri Matisse (manner of): In our opinion, a work in the style of the artist and of a later date. Henri Matisse (after): In our opinion, a copy of a work of the artist. 2. Dates. Dates are ascribed as closely as possible, with no guarantee as to their absolute accuracy. 3. Dimensions. Measurements are generally in 116 of an inch, height before width, with no guarantee as to their absolute accuracy. Intaglio prints are measured from the platemark; planographic prints, drawings, etc. are measured from the image. 4. Photogravures. There are numerous methods for producing a gravure from a photograph, including but not limited to Photogravure, Heliogravure, Neogravure, etc. Since even for experts it is sometimes difficult to distinguish between them, and the fact that gravure is a term of art in French often referring to an intaglio print such as an etching, we have chosen to catalogue all the gravure methods listed above, as well as any others, as Photogravures.

We accept floor bids, absentee (leftorder) bids left directly with us before or during the auction, telephone bids during the auction, and internet bids (either left with Live Auctioneers before or during the auction or bidding live during the auction). We do not accept unlimitedbuy bids. If you wish to attend the auction, please contact us (602-266-0893; infoasheauctioneers.com) for the auction location. For absentee bids to leave with us directly, you can print out the bidder's form from our website and fax, email, or mail it to us, or you can call to leave bids directly with us. To arrange telephone bidding, please consult the absenteetelephone bid form found at our web site and then call us. Likewise, if you have questions on absentee or telephone bidding, please feel free to call or email us. All lots in our auctions, regardless of pre-sale estimate prices, are available for telephone bidding. Please note, however, that if you are approved for telephone bidding you are expected to bid at least the published starting bidopening price (generally the reserve) of the lot(s) you have registered to bid on. A limited number of telephones are available, so please sign up for telephone bids as soon as possible. Registered bidders are responsible for all bidding activity on their Live Auctioneers account.

We generally sell approximately 150-200 lots per hour. Please be prepared to bid quickly when your lot(s) come up for sale.

Please note that this sale is a traditional auction and not a timed auction. We start with lot 1 at 8:00am PDT and continue in numerical lot order until we sell the last lot. Some lots sell quickly, others take a while. We sell approximately 150 to 200 lots per hour, so you should be able to calculate roughly when the lot(s) you are interested in will be up for sale. The duration of the auction is approximately three to four hours long, not 12 hours, and we have no way of knowing precisely at what hour or minute your lot(s) will be up for sale.

Our two day Photography auction begins on Saturday, January 29th, 2011, with 20th Century photographs. The following day, Sunday, January 30th, 2011, we continue with more 20th Century material, then Latin American photographers, followed by 19th Century, and conclude with Karl Blossfeldt.