CONDITIONS OF SALE

William H. Bunch, Auctioneer & Appraiser, LLC will offer the property described in this
catalog, of which, the description may be amended by saleroom notice or
announcement, for sale on behalf of various consignors. Unless otherwise indicated in
the catalog, William H. Bunch, Auctioneer & Appraiser, 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 of which all property is offered for sale. William H. Bunch, Auctioneer &
Appraiser, LLC
reserves the right to vary the terms of sale and any such variance shall
become a part of these conditions of sale. By bidding at auction, whether present in
person, by agent, by written bid, telephone bid, online bid, 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 5.


2. The highest bidder acknowledged by the auctioneer shall be the buyer. The
auctioneer has the right to reject any bid, and to advance the bidding at his absolute
discretion. In the event of any dispute between bidders, the auctioneer has the right 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, the William H. Bunch Auctioneer &
Appraiser, LLC
clerked, written record of final sale shall be used to determine the
successful bidder.


3. The sale’s catalog is published with the opinion of William H. Bunch Auctioneer &
Appraiser, 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 published well in
advance of the sale and are subject to revision. The estimates presented in the auction
catalog do not include the buyer’s premium.


William H. Bunch Auctioneer & Appraiser, LLC reserves the right to withdraw any lot
before the sale. Any bids left on the removed lot will be considered null and void.


4. Absence of a condition report does not deem the material without flaw. If you are
unable to preview the lots in person, William H. Bunch Auctioneer & Appraiser, LLC will
be pleased to provide a condition report for any lot upon request. If a condition report

request is submitted once the sale has begun, William H. Bunch Auctioneer &
Appraiser, LLC
cannot guarantee that request’s completion. Prospective buyers are
reminded that each lot is sold “as is”, and their attention is drawn to the Important Notice set forth below.


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 catalog, 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 be viewed by prospective
buyers to evaluate the condition of the property offered for sale.


5. When bidding on the in-house platform, bunchauctions.com, the purchase price
payable by a buyer shall be the sum of the final bid plus a premium of 18% of the final
bid. The buyer’s premium is discounted to 15% if payment is made by cash or check.
When bidding on a third party platform (LiveAuctioneers, Invaluable, etc.) the buyer’s
premium is 23% regardless of payment method. In addition, buyers are required to pay
any sales tax, which may be due, unless exempted by law.


In the case of a specialty sale, when bidding on the in-house platform,
bunchauctions.com, the purchase price payable by a buyer shall be the sum of the final
bid plus a premium of 20% of the final bid. The buyer’s premium is discounted to 17% if
payment is made by cash or check. When bidding on a third party platform
(LiveAuctioneers, Invaluable, etc.) the buyer’s premium is 25% regardless of payment
method. In addition, buyers are required to pay any sales tax, which may be due, unless exempted by law.


Specifications of the buyer’s premium can be found in the auction description for each
individual sale.


6. 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 as the auction house,
in its sole discretion, shall require. In addition, the buyer may be required to sign a
confirmation of purchase.

7. Payment for all lots purchased must be made within 10 business days of the date of
the sale. No lot may be removed from William H. Bunch Auctioneer & Appraiser, LLC
premises until the buyer has paid in full the purchase price, 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 5:00 p.m. of the tenth business day following the sale. The buyer of any lot
which remains on Bunch’s premises later than 5:00 p.m. of the 10th business day
following the sale will incur a charge for storage and handling of $5.00 per day for each lot. Time required to arrange shipping on absentee and internet purchases will be
considered, but payment is due within ten business days.


8. All items picked up by the buyer are by appointment only, and can be scheduled
online at bunchappointments.as.me. Buyers picking up large furniture may schedule
online or call the office at 610-558-1800 to schedule their pickup appointment. As stated previously, all items are expected to be removed from William H. Bunch Auctioneer & Appraiser, LLC within ten business days of the sale. Any item that is left at William H. Bunch Auctioneer & Appraiser, LLC for more than 90 days will be considered abandoned property, and will be disposed of at the sole discretion of William H. Bunch Auctioneer & Appraiser, LLC. After 90 days, William H. Bunch Auctioneer & Appraiser, LLC has the right to dispose of any abandoned property at its sole discretion, without warning to the buyer.


9. William H. Bunch Auctioneer & Appraiser, LLC does not offer in-house shipping under any circumstances. The buyer must pick up their items, or work with a third party
shipping company to handle the packing and shipping of items won at auction. The
buyer is responsible for contacting third party shipping companies for cost estimates, as
well as for making the shipping company aware that they will be picking up on the
buyer’s behalf, and that they need to do so within ten business days of the sale. Full
payment to William H. Bunch Auctioneer & Appraiser, LLC is required before any item
will be released to the buyer’s chosen shipper. The buyer will be responsible for all
shipping costs, and will pay their chosen shipper directly for all costs associated with the pickup, packaging, and shipment of items won at auction. A list of preferred shippers can be found at bunchauctions.com/shippers. As stated previously, all items are expected to be removed from William H. Bunch Auctioneer & Appraiser, LLC within ten business days of the sale. William H. Bunch Auctioneer & Appraiser, LLC is not
responsible for any damages that occurred in the packing and shipping process by any
third party shipping company. Any item that is left at William H. Bunch Auctioneer &
Appraiser, LLC
for more than 90 days will be considered abandoned property, and will
be disposed of at the sole discretion of William H. Bunch Auctioneer & Appraiser, LLC.

After 90 days, William H. Bunch Auctioneer & Appraiser, LLC has the right to dispose of any abandoned property at its sole discretion, without warning to the buyer.

10. The auctioneer will accept bids from bidders present in the saleroom (when
applicable,) absentee bidders participating in the auction by telephone, and internet
bidders participating on our web platform or 3rd party platforms when applicable for the convenience of bidders not present at auction. William H. Bunch Auctioneer &
Appraiser, LLC
shall not be responsible for failing to execute such bids or for errors
relating to its execution of such bids.


Some lots offered may be subject to a reserve. The reserve is a confidential minimum
price agreed upon by the consignor and William H. Bunch Auctioneer & Appraiser, LLC
below which the lot will not be sold. A representative of William H. Bunch Auctioneer &
Appraiser, 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.

 

When bidders are unable to attend the sale, the auction house will accept absentee bids through our web platform. 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 precedence. The auctioneer may execute bids for absentee bidders directly from the podium.


Telephone bids will also be executed for absentee bidders who wish to participate in the live auction. Arrangements for telephone bidding must be confirmed in advance with the office. Please complete the telephone bidding form on our website. Once the form is
completed, a confirmation will be sent to the email address provided to confirm receipt.
When the sale is live, a staff member will call you 3-5 lots before the intended lot.
Please note, the phone number you are called from will not necessarily be the office
number for William Bunch Auctions & Appraisals, LLC. William H. Bunch Auctioneer &
Appraiser, LLC
shall not be responsible for failing to execute such bids or for errors
relating to its execution of such bids.

11. Unless exempt by law, the buyer shall be required to pay any applicable Federal
excise tax and state and local sales tax on the purchase price. If a buyer has a valid
sales tax exemption certificate, they must present it to William H. Bunch Auctioneer &
Appraiser, LLC
. The staff at William H. Bunch Auctioneer & Appraiser, LLC verifies each
sales tax ID number with the State of issuance. If the tax ID number given by the buyer

is not an active and valid account in the buyer’s name, William H. Bunch Auctioneer &
Appraiser, LLC
will attempt to notify the customer. The buyer then has 2 weeks to
provide a valid sales tax ID number. The buyer will be responsible to pay the sales
taxes owed if a valid sales tax ID number is not provided or cannot be verified. William
H. Bunch Auctioneer & Appraiser, LLC
will make the buyer aware of any issues
regarding their tax exemption status and will resubmit the buyer’s certificate once the
buyer has resolved any issues with their state. An administrative fee of $25.00 will be
applied to the buyer’s account for every subsequent time a tax exemption certificate
needs to be sent into the appropriate state for verification after the initial submission and
resubmission.

12. If the buyer fails to comply with any of these conditions of sale within the allotted
time frame, William H. Bunch Auctioneer & Appraiser, LLC reserves the right to cancel
the sale without notice to the buyer. If a sale must be canceled due to the lack of
payment within the expected 10 business days, William H. Bunch Auctioneer &
Appraiser, LLC
reserves the right to deny the defaulting buyer from participating in any
future auctions. Furthermore, if a dispute is filed against a buyer on any bidding platform
(BunchAuctions, LiveAuctioneers, Invaluable, etc.) William H. Bunch Auctioneer &
Appraiser, LLC
reserves the right to leave the dispute against the bidder open, even
after the sale has been canceled. Disputes filed against bidders will only be closed if the defaulting buyer completes the transaction before the sale is canceled, and the items
resold.

Conditions of Sale, Specific to Items Sold at Auction

Property Made From or Containing Materials From Endangered or Protected

Species

Property that contains any percentage of material made or potentially made from
endangered and/or other protected species of wildlife are sold only subject to the
following terms. William H. Bunch Auctioneer & Appraiser, LLC does not accept any
responsibility or liability for failing to mark such lots. Such material includes, but is not
limited to, ivory, tortoise shell, crocodile skin, whalebone, rhinoceros horn, furs, some
species of coral and certain woods.


Prospective buyers are advised that several countries completely prohibit importation of
property made, all or in part, of the aforementioned materials. Some countries require

special permits, such as a CITES permit, from the relevant regulating authority in the
countries of exportation and importation. Potential buyers intending to import the
property into another state and/or country should be familiar with the relevant customs
laws and regulations prior to bidding on property containing wildlife material.
Regulations may vary as the United States prohibits importation of articles containing
material(s) from species it has designated endangered or threatened if the articles are
less than 100 years old.


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.


Art & Works on Paper

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.


Jewelry

It is the responsibility of the bidder to examine carefully any item(s) of potential interest.
For all the jewelry sold at William H. Bunch Auctioneer & Appraiser, 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. William H. Bunch
Auctioneer & Appraiser, LLC
generally tests unmarked metals with 14K acid and those
items that test positive are called “unmarked gold”. When it is stated as “tests as high
karat” it means that the metal tested positive with 18K 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 are combined, and 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 used to do the testing. Opinions on the degree of
treatments used and grading vary from laboratory to laboratory, and if a stone has a
certificate from a laboratory we cannot guarantee this grading.


Clocks & Watches

The description of the condition of clocks and watches, including references to defects
and repairs, is provided as a service to prospective buyers, but such description is not
necessarily complete. While William H. Bunch Auctioneer & Appraiser, 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 H. Bunch Auctioneer & Appraiser, LLC makes no representation that any clock or watch is in working order.


Asian Arts Sold at William H. Bunch Auctioneer & Appraiser, LLC


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.