USA, 1960 nickel-plated brass 2.75 w x 2.75 d x 3.25 h in (7 x 7 x 8 cm)
Incised signature and date to underside: [John Prip 60].
Exhibited:John Prip: Master Metalsmith, 9 October - 20 December 1987, Museum of Art, Rhode Island School of Design, Providence | 29 January - 28 April 1988, American Craft Museum, New York
Literature:John Prip: Master Metalsmith, exhibition catalog, pg. 24, pl. 15 illustrates this work
Condition of the item is not included in this description. Condition reports are available from Wright upon request. Wright strongly recommends that you review a condition report for each item on which you plan to bid. Email firstname.lastname@example.org to request a condition report.
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Regarding Condition Reports
If the condition of the item is not included in this description, they can be requested directly from Wright. Wright strongly recommends that you review a condition report for each item on which you plan to bid. Email email@example.com to request a condition report.
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In these Terms, "we," "us," "our," "Wright" or similar terms mean R. Wright, Inc. and any of its agents, and "you," "your," "buyer" or similar terms mean a person Bidding on or buying a Lot at a Wright Auction, Private Sale, Wright Now Sale or otherwise through us. Please see Section 9 below for the meanings of capitalized terms or phrases that are not defined elsewhere in these Terms.
2. BIDDING AT AUCTION
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Price of Lot Increments for Proper Bids
$25 to $500 $25 increment
$500 to $1,000 $50 increment
$1,000 to $2,000 $100 increment
$2,000 to $3,000 $200 increment
$3,000 to $5,000 $250 increment
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$10,000+ $1,000 increment or auctioneer's discretion
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(ii) Buyer's Premium (for Auction Sales); which is 25% of the Hammer Price (or part thereof) up to and including $100,000; 20% of the Hammer Price (or part thereof) in excess of $100,000 up to and including $1,000,000; and 12% of the Hammer Price (or part thereof) in excess of $1,000,000. An additional 4% premium will be added to any successful bid accepted thru a third-party online bidding platform.
(iii) any applicable sales tax, late payment charges, storage fees, Enforcement Costs or other costs, damages or charges assessed in accordance with these Terms (for all sales) ((i) ? (iii) collectively, the "Buyer Costs"). All purchases will be subject to state sales tax unless the buyer has provided us with a valid certificate of exemption from such tax.
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Breach If a buyer fails to make timely payment as required in these Terms, or breaches any other covenant, representation or warranty in this Agreement, we shall be entitled, in our discretion, to exercise any remedies legally available to us, including, but not limited to, the following:
(i) cancellation of the sale of the Lot to the non-paying buyer, including the sale of any other Lot to the same buyer (whether or not paid);
(ii) reselling the Lot, at public or private sale, with or without reserve;
(iii) retention of all amounts already paid by the buyer to Wright, which shall constitute a processing and restocking fee (which you acknowledge would be reasonable in light of the costs Wright would have to incur to process your breach and attempt to re-auction or resell the Lot);
(iv) rejection of any Bids by the buyer at future auctions;
(v) setting-off any amounts owed by Wright to the buyer in satisfaction of unpaid amounts; and/or
(vi) taking any other action we deem necessary or appropriate under the circumstances.
Confession of Judgment If you default on payment of one or more Purchase Price Bids under this Agreement, you hereby authorize any attorney to appear in a court of record and confess judgment against you in favor of Wright for the payment of such Purchase Price Bids and all related Buyer Costs. Accordingly, the confession of judgment may be without process and for any amount due on this Note including collection costs and reasonable attorneys' fees. This authorization is in addition to all other remedies available to Wright.
4. LIMITED WARRANTY
"As Is", "Where Is" Except as expressly stated below, each Lot is sold "as is" "where is", with no representation or warranty of any kind from any party (including Wright or the consignors of the Lots), express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement. Because you are responsible for satisfying yourself as to condition or any other matter concerning each purchased Lot, you are advised to personally examine any Lot on which you intend to bid prior to the auction and/or sale. As a courtesy, condition reports for any Lot are available from Wright prior to the sale, but Wright assumes no responsibility for errors and omissions contained in any such report, a Wright Catalogue or other description of a Lot that may be available on the Wright website. Any statements made by Wright with respect to a Lot (whether in a condition report, a Wright Catalogue or on the Wright website), whether orally or in writing, are intended as statements of opinion only, are not to be relied upon as statements of fact and do not constitute representations or warranties of any kind.
Authorship Warranty Subject to the following terms and conditions, Wright warrants, for a period of two (2) years following the date of sale, the information presented in a Wright Catalogue with respect to Authorship of any Lot is true and correct, so long as the name of the Author is set forth unqualifiedly in a heading in BOLD CAPITAL type in the applicable and most current Wright Catalogue. The term "Author" or "Authorship" means the creator, designer, culture or source of origin of the property, as the case may be, as specifically identified in BOLD CAPITAL type in the applicable and most current Wright Catalogue, and shall not include any supplemental text or information included in any other descriptions (whether or not in the Wright Catalogue).
Exclusions From And Conditions To The Authorship Warranty Notwithstanding, this warranty is subject to the following:
(i) The benefits of this warranty are only available to the original buyer of a Lot from Wright, and not to any subsequent purchasers, transferees, successors, heirs, beneficiaries or assigns of the original buyer.
(ii) This warranty shall not apply to any Lot for which a Wright Catalogue description states that there is a conflict of opinion among specialists as to Authorship.
(iii) This warranty shall not apply to any Lot for which, at the time of sale, the statements regarding Authorship made by Wright conformed with the generally accepted opinion of scholars, specialists or other experts, despite the subsequent discovery of information that modifies such generally accepted opinions.
(iv) The buyer must provide written notice of any claim under this warranty to Wright (validated by no fewer than two (2) written opinions of experts whose principal line of business is the appraisal and authentication of art, antiquities, design objects or other valuable objects similar to the Lot) not later than thirty (30) days after becoming aware of the existence of such a claim, an in any event no later than two (2) years following the date of sale, and must return the Lot subject to such claim to Wright in the same condition as at the time of the original sale. Wright reserves the right to appoint two independent specialists to examine the Lot and evaluate the buyer's claim prior to buyer's receipt of any remedy pursuant to this warranty.
Buyer's Only Remedy For Authorship Warranty Breach The buyer's sole remedy, and Wright's sole liability, under this warranty shall be the cancellation of the sale of the Lot in question, or (if the sale has already concluded) the refund of the purchase price originally paid by such buyer for the Lot in question (not including any late fees, taxes, shipping, storage or other amounts paid to Wright in accordance with these Terms). Buyer hereby waives any and all other remedies at law or equity with respect to breaches of this warranty.
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5. RECISSION/VOIDING OF SALE BY WRIGHT
If we become aware of an adverse claim of a third party relating to a Lot purchased by you, we may, in our discretion, rescind the sale. Upon notice of our election to rescind a sale, you will promptly return such Lot to us, at which time we will refund to you the Hammer Price and Buyer's Premium paid to us by you for such Lot. This refund will represent your sole remedy against us and/or the consignor in case of a rescission of sale under this paragraph, and you agree to waive all other remedies at law or equity with respect to the same. If you do not return such Lot to us in accordance with this paragraph, you agree to indemnify, defend and hold Wright, its officers, directors, employees, agents and their successors and assigns, harmless from any damages, costs, liabilities or other losses (including attorney's fees) arising as a result of such third party claim.
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If any provision of these Terms is held by any court to be invalid, illegal or unenforceable, the invalid/illegal/unenforceable aspect of such provision shall be disregarded and the remaining Terms enforced in accordance with the original document and in accordance with applicable law.
8. GOVERNING LAW
These Terms shall be governed by and interpreted in accordance with the law of the State of Illinois and, by Registering to Bid or Bidding in the Wright Auction (whether personally, by telephone or by agent), the you agree to submit to the exclusive jurisdiction of the state and federal courts located in Cook County, Illinois in connection with any matter related to these Terms, the Wright Auction or other sale of a Lot to you by Wright.
In addition to the foregoing, you agree to pay to Wright or Seller on demand the amount of all expenses paid or incurred by Wright and Seller, including attorneys' fees and court costs paid or incurred by Wright or Seller in exercising or enforcing any of its rights hereunder or under applicable law, together with interest on all such amounts at 1.5% per month (the "Enforcement Costs") within thirty (30) days of the buyer's receipt of Wright's invoice for such Enforcement Costs.
The following terms have the following meanings:
"Author" and "Authorship" have the meanings given in Section 4.
"Bidding", "Bid" or "place a Bid" means a prospective buyer's indication or offer of a price he or she will pay to purchase a Lot at a Wright Auction which conforms with the provisions of Section 2.
"Buyer Costs" has the meaning given in Section 3.
"Buyer's Premium" means the following for any Lot: (i) 25% of the Hammer Price (or part thereof) up to and including $100,000; (ii) 20% of the Hammer Price (or part thereof) in excess of $100,000 up to and including $1,000,000; and (iii) 12% of the Hammer Price (or part thereof) in excess of $1,000,000. An additional 4% premium will be added to any successful bid accepted thru a third-party online bidding platform.
"Hammer Price" means the price for a Lot established by the last bidder and acknowledged by the auctioneer before dropping the hammer or gavel or otherwise indicating the bidding on such Lot has closed.
"Lot" means the personal property offered for sale by Wright, whether at a Wright Auction, Private Sale, Wright Now Sale or otherwise.
"Passed Lot" a Lot which does not reach its reserve or otherwise fails to sell at a Wright Auction.
"Private Sale" a non-public, discrete sale of a Lot (such Lot typically not being exhibited by Wright).
"Purchase Price Bid" means the bid submitted by a Buyer for a Lot which is accepted as the Hammer Price, or in the case of Private Sales or Wright Now Sales, the price accepted by Wright for the sale of such Lot.
"Register to Bid" or "Registering to Bid" means providing Wright with your complete, accurate contact information (including address, phone and email) and a current, valid credit card number (including security code), and (i) in the case of phone or absentee bidders, a properly completed Wright bid form, links to which can be found under "Bid Form" here http://www.wright20.com/buying/how-to-bid/; (ii) in the case of online bidders, registration with such authorized third-party online auctioneer service providers described here http://www.wright20.com/buying/how-to-bid/.
"Reserve" has the meaning given in Section 2.
"Sale Date" means, in the case of Wright Auctions, the date of the closing of bidding for a particular Lot and acceptance of the Purchase Price Bid for such Lot; in the case of all other sales by Wright, the date Wright agrees in writing to sell a Lot to a buyer.
"Security Interest" has the meaning given in Section 3.
"Seller" means the owner of a Lot offered for sale at a Wright Auction, Private Sale, Wright Now Sale or other sale administered by Wright.
"Terms" has the meaning given in the Introduction to this Agreement.
"Wright Auction" means the sale of Lots to the public through competitive bidding administered by Wright (including sales administered through a third-party Internet auctioneer authorized by Wright).
"Wright Catalogue" means the design catalogues published by Wright which features Lots available at particular Wright Auctions.
"Wright Now Sale" is a sale of a Lot valued less than $10,000 consigned to Wright by a third party, either posted on Wright's website directly or solicited after a Lot fails to sell at auction.