33022
Cased, Inscribed and Custom Made Set of Colt Model 1851 Navy and Model 1855 Pocket Sidehammer Revolv
Currency:USD
Category:Antiques / Firearms & Armory
Start Price:1.00 USD
Estimated At:500,000.00 - 750,000.00 USD
SOLD
500,000.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2011 Sep 18 @ 10:51UTC-5 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
Cased, Inscribed and Custom Made Set of Colt Model 1851 Navy and Model 1855 Pocket Sidehammer Revolvers, Property of Loren Ballou, a Trusted Employee of Colonel Samuel Colt The Model 1851 Navy revolver bears serial no. 37301 and is a London-made revolver. The backstrap bears the inscription, "L. Ballou/London." On the Model 1855 Sidehammer revolver, instead of a serial number marking, the name "L. Ballou" is stamped within the cartouche on the cylinder, and on the buttstrap.Both revolvers have the special and unusual finish of case-hardening: The Model 1851 has a case-hardened cylinder, as well as frame, hammer and loading lever, with the barrel browned, and the steel gripstraps plated in silver. The grips are varnished walnut, of a select, best quality grain and finish. The Model 1855 has an equally rare combination of a casehardened frame, loading lever and hammer, with blued cylinder and barrel.Barrel marking of the Model 1851 Navy is - Address. Col: Colt. London -while that on the Model 1855 is Address Col. Colt/New-York U.S.A.The latter's cylinder scene is the standard stagecoach holdup, with .31 caliber and 5-shots. The round barrel of 4 1/2-inch length has a blued steel front sight on dovetailed base. The grip is of oil-finished walnut.The Model 1851 Navy bears London proofmarks on the left side of the barrel lug, as well as on the cylinder breech. The cylinder has identical proofmarks on the breech, and bears the standard naval engagement roll scene. Its 7 1/2-inch octagon barrel has a similar front sight to the Model 1855, blued steel blade on a steel base, dovetailed at the muzzle.Rare and unusual oil-finished brassbound walnut case, lined in burgundy velvet, with embossed Navy size stand of arms powder flask, blued steel double cavity bullet molds for .31 and .36 calibers, one packet each of combustible envelope cartridges. tin of Eley Bros. percussion caps with green paper label and paper wrapping, blued L-shaped screwdriver/nipple wrench, pewter oil bottle, and miscellaneous lead projectiles. The lid of the case is inlaid with an escalloped brass plaque, inscribed"L. Ballou/London."Background and History of Loren Ballou and His ColtsThe cased set is accompanied by artifacts, documents, records and a three-ring binder with letters, photo-copies and other material. All this records in some detail the career of Loren Ballou (b. August 24, 1828, Hinsdale, NH; d. August 18, 1880, Syracuse NY; he was then employed by the W.H. Baker Gun Co., as foreman of the factory). Beginning as early as 1851, Loren Ballou served as a trusted and well-placed employee with Colonel Colt and his company, not only in Hartford, but in London. Ballou's rare Engineer's and Contractor's Pocket Book for 1858 (inscribed and dated to him by Colonel Colt) and Ballou's passport are among the memorabilia.Quoting from a highly detailed five-page letter dated November 25, 1964, from author and historian R.L. Wilson (then Curator of Firearms, at what is today known as the Wadsworth Atheneum Museum of Art, Hartford): ". . . L. Ballou was an important Samuel Colt representative and employee in whom the Colonel placed great trust and for whom he obviously had great respect."Ballou was in the company's employee as late as 1878, at which time his eighth, and last, child was born. As recorded in Ballou History and Genealogy, Loren Ballou was a "very ingenious mechanic" and "his talents and skills were in demand in various prominent localities."With Colt's, Loren Ballou was a manufacturing engineer. His years of service are believed to have begun c. 1851. In approximately May 1856 and continuing through March of 1860, various records provide more details on his services. The Colt factory Ledger Books and Journals bear record of him again, beginning November 1861, and ending February 1866. The gap in 1860 and 1861 may be due to illness; his granddaughters, the Misses Doty of Newington, Connecticut, advised Wilson that "L. Ballou had been in a hospital for a long period. Or, it may be that he was then with another company."According to Wilson's research: "L. Ballou was in Europe from approximately May 1856 to February 1859, and I believe he was involved in straightening out the details of the closing-up of Colt's factory [operations] in London, as well as acting as Colt's European representative with a major responsibility of investigating other manufacturing possibilities for the company."The Wilson documenting letter lists Ballou's salaries with Colt's in 1856, 1857, 1858, 1859, 1860, 1862, 1863, 1864, 1865 and 1866. The figures ranged from $1,500 to $2,000. Quoting the Wilson letter:A comparison of salaries paid through the above period confirms the estimated importance of Ballou at Colt's. In 1857, his salary ranked third beneath E.K. Root, Vice President (@$5000), and L.P. Sargeant, Secretary (@$3000). In 1862, the pay scale ranked Ballou above Sergeant (@$1500), and third only to Root, now President (@$5000) and Hugh Harbison, Secretary (@$1800). The 1866 scale had W.B. Franklin, Vice President, @$6000, and Harbison next @$2500; Ballou was third @$2000.On leaving Colt's in 1866, the company saw fit to present Ballou with a shotgun. Quoting from Colt's Journal B, page 342:Presentation a/c [account]30 in 75/c Shotgun and Appendagespresented to Loren (sic.) BallouThe same Journal B (page 352), documents a presentation by the factory to Ballou of a Sidehammer (New Pocket) Pistol:Presentation a/c3 ½ in NM Pocket Pistol and AppendagesPresented to Loren BallouAs to the New Pocket Pistol, in the cased set, Wilson notes:The Colt-Root Sidehammer pistol . . . was . . . custom made at Ballou's personal request. It is the only Colt percussion weapon I have ever seen with a name marked in place of a serial number. It is further distinguished by the case-hardened frame, and the unfinished walnut grips. Both characteristics add to the uniqueness of this weapon. The 2806 on the bottom of the barrel is the [production] serial. "L.BALLOU" on the butt and the cylinder is in place of the normal serial markings. The Wilson letter further describes Ballou's Model 1851 or Old Model Navy revolver:Cased with Ballou's personal Sidehammer pistol was a London-made 1851 Navy. This weapon has L. Ballou [inscribed] on the backstrap, in identical lettering to that on [the Colt-Root Pocket] pistol. The use of block letters in the percussion period is another great rarity (script was the customary[inscription] marking). On the Navy's barrel is a custom reddish-brown finish, the likes of which I have never seen on a Colt percussion revolver [except for cutaway examples, as on Model 1851 Navy serial no. 68684 on pages 192-193 of Magnificent Colts Selections from the Robert M. Lee Collection]. [The Loren Ballou Model 1851 Navy] was exhibited in our . . . Samuel Colt Presents [exhibition], though it is not in the catalogue because it [arrived] too late to be included. Had I known then of this Ballou Sidehammer . . . it would have been exhibited in Samuel Colt Present as well.These special features on your Root and the Navy are, to my knowledge, unique for these models. Custom finished and markings as above are indicative of Ballou's closeness with the manufacturing end of the Colt operation.In date, the Navy would be c. 1856, the Root c. 1860. Ballou must have had the Navy made for him at the Colt London factory, and the Sidehammer made for him here in Hartford. They represent his work for Colt in the Colonel's European and American operations. Ballou had these weapons fitted in a double case-as scarce a Colt combination (Navy and Sidehammer) as the famous "book casings." The lid was inlaid with an escutcheon on which was engraved "L. Ballou."Wilson goes on to state that:The entire cased set was in the possession of the Ballou family until approximately fifteen years ago [c. 1949], when it was sold to Alec Redfield, of Hartford. At present, the case is in a Midwestern collection while the 1851 Navy is still in the collection of Mr. Redfield.Matched Pair of Superbly Cast Steel Rampant Colt Sculptures Made for Colonel Samuel ColtMounted on select walnut bases using Colt pistol grip wood of the highest quality. Each sculpture is of gun metal steel, and was given a special patina finish, simulating bronze, and perhaps the same as a browned finish on steel. Each figure stands 5 7/8-inches high and measures 5 5/8-inches wide. The bottom of each varnished select walnut base is covered with a tan fabric, much like that used for firearms case linings. The bases are 3/4-inches thick, and 5-inches long by 3 3/4-inches wide. Quality throughout is exquisite, and the chased castings are a tribute to the quality of Colt's casting shop and finishing workmen. According to the Ballou family, from which most of the collection of documents and memorabilia (see the Historic Loren Ballou Cased, Inscribed and Custom Made Set of Colt Model 1851 Navy and Model 1855 Pocket Sidehammer Revolvers), was purchased over many years, the Rampant Colt Sculptures were presented to Ballou by a grateful Colonel Samuel Colt.No other known set of rampant colt sculptures like these has survived from 19th century Colt history and artifacts. Rare Book Presented by Colonel Colt to Loren Ballou, and other ArtifactsEntitled The Engineer's and Contractor's Pocket Book, this volume has a special significance and is a fitting companion to the cased Sidehammer and Model 1851 Navy revolvers. The inscription inside the cover testifies to the friendship of Colonel Colt and Ballou, and its subject points out the nature of Ballou's services to the Colonel. To quote Wilson: To my knowledge, this is the only Samuel Colt presentation-inscribed book in existence. Until recently this rare volume belonged to L. Ballou's granddaughers.Tea Chest, Traveling Desk Set, Sewing Box and Trunk of Ballou or His Wife A tea chest and traveling desk set, and a sewing box and trunk are also part of the Ballou firearms and artifacts collection. Manufacture of these items was by the casemaker employed by Colt's for its firearms casings. Wood for the tea chest, traveling desk set and sewing box incorporates the three types of wood most often employed on the company's London gun casings: oak, mahogany and birdseye maple. Further, the brass fixtures, including hinges and lid inlays, were as used on the London Colt firearms cases.The tea chest was made at Ballou's request for his wife. The selected wood was that used most often for firearms cases: oak. Like the gun cases, the tea chest was reinforced with brassbound corners and other mountings. Inlaid on the lid is a brass escutcheon, inscribed "H. Ballou/London."Built by the same casemaker, again for Mrs. Ballou, was a sewing chest, primarily of varnished birdseye maple, with brass corners and mountings. The escalloped brass lid plaque was inscribed "H. Ballou/London." The interior is intricately and superbly outfitted, in matching woods, and fabrics, again sharing several similarities to the London Colt firearms casings.Ballou's portable writing desk, of brassbound varnished mahogany, was yet another masterfully built case by the Colt London case maker. The writing desk bears many similarities to some of the best single and double cases made for the London Model 1851 Navy, Pocket and Dragoon revolvers. Inlaid in the lid is a brass escutcheon, inscribed "H. Ballou/London."Accompanied by artifacts, documents and records, revealing the career of Loren Ballou with the Colt company, not only in Hartford, but in London. Ballou's rare Engineer's and Contractor's Pocket Book for 1858 (inscribed and dated to him by Colonel Colt), and Ballou's passport are among the memorabilia and papers.The painted green wooden foot locker measures 38 1/2-inches wide by 16 1/4- inches deep by 13 3/4-inches high. On the front the painted name, "L. Ballou." Hinged lid, with steel handles at each end.Documenting Letters, Envelope, and Passport of Loren BallouA letter dated London 1853 requested Loren Ballou's services as Foreman of the Machine Shop of the London operation of Colt's Armory, as well as "General Assistant throughout the Manufactory." The letter indicates that both Colonel Colt and Elisha Root were trying to hire Ballou for the London operation. Note the assurance of great potential in the proposed employment.An envelope addressed by Colonel Colt, to "Mr. Ballou," and a letter dated November 10 1856, from Brussells, from Colonel Colt, was attempting to arrange a meeting by Colt with Ballou.U.S. Passport No. 3908, is dated 24 and 25 October 1856, with the signature of Loren Ballou at the lower left, and that of U.S. President James Buchanan, at the lower right. Notes in the left margin provide Ballou's physical features.A letter dated April 17, 1866, from Hartford, grants permission to L. Ballou to travel to Europe and return any time within one year period, beginning April 17. Ballou left Colt's in February of that year.Manila Folder with Various DocumentsIncluded with the Ballou records are numerous papers, composed of correspondence between Al Cali and R.L. Wilson, as the latter pursed extensive research relating to the Ballou Colt revolvers. The folder includes several letters from the Doty sisters, granddaughters of Loren Ballou, which led ultimately to Cali's purchase of all the letters, records and memorabilia. The correspondence also led to Cali's purchase of the matched pair of rampant colt steel sculptures, mounted on deluxe, select walnut gunstock wood bases, featured in another lot of the present sale.Among the correspondence and data: Letter dated February 22nd 1965 from H. Arline Doty, Newington CT, including reference to: "Mr. Wilson had told us some months ago that he was in communications with 'someone' on the West Coast who was interested in Grandfather. In fact, he brought along a book I believe is the one you mention - presented by Sam Colt. . . . The truth of the matter is that Larry knows more about him than my sister and I do . . . ." The letter goes into some detail about the family, particularly in regard to their grandfather, Loren Ballou. And notes: ". . . . My sister and I have a double connection with Colonel Colt, for he and our Grandfather Doty were such good friends that our father was named for him . . . Samuel Colt Doty!"Letter posted April 17th 1968 to Mr. and Mrs. Al Cali, from H. Arline Doty.Letter posted April 22nd 1968 to Mr. and Mrs. Al Cali, from Miss H. Arline Doty.Christmas card posted December 22nd 1968 to Mr. and Mrs. Al Cali, from the Misses H. Arline Doty and Margorie B. Doty. In this card is stated: "Are you still interested in the Colts? . . . ." It was that query, noted by Mrs. Cali to her husband, which led to their purchase of the pair of cast gunmetal steel rampant colt sculptures.Letter posted May 11, 1969 to Mr. and Mrs. Al Cali from Miss Margorie B. Doty. Photocopy of letter from Alfred J. Cali to Joseph G. Rosa, author and researcher on Colonel Colt London, in regard to Mr. Rosa researching Loren Ballou, on behalf of Mr. Cali.Letter of August 30, 1967, from L.C. Jackson, Dallas TX, to Al Cali, in regard to acquisition of the double brassbound walnut case for the Loren Ballou set of the Model 1855 Sidehammer revolver and the matching Model 1851 London Navy. With related papers.Several letters from R.L. Wilson to A.J. Cali, on the letterheads of the Wadsworth Atheneum Museum of Art and of the Colt factory, reporting on the progress of various research by Wilson on the Loren Ballou firearms and memorabilia. Dating from as early as June of 1964 and as late as June 23, 1965.Photocopies of letter hand-delivered from Samuel Colt dated Brussels (Belgium) Nov. 10 1856, from Hotel deBelle Obue, to Loren Ballou, with notation "the Bearer awates an answer."Copy of document from Connecticut Mutual Life Insurance Co., Hartford, April 17, 1866, regarding Loren Ballou life insurance policy no. 45141.Three-page letter to Loren Ballou, from the Colt company, London, May 1853, urging him to accept offer of assignment in London at Colt's factory, of Colonel Colt.Photocopy from page 924 of book of genealogy on "Descendants of Abner Ballou," regarding Loren Ballou, including statement: "Loren Ballou was a very ingenious mechanic, and rose to be a trusted superintendent of several important mechanical establishments, viz., Colt's Armory in London, Eng., another in Syracuse, N.Y., & c. We have been favored with only a very meager outline of his characteristics, but infer from this that a full delineation would give him a rich record. It seems that his talents and skill were demanded in various prominent localities. . . ."Photocopies from An Elaborate History and Genealogy of the Ballous in America . . . ., by Adin Ballou, n.d.Letter from Onondaga Historical Association, Syracuse NY, to R.L. Wilson, dated 27 November 1964, with research data on Loren Ballou and W.H. Baker & Co. gunmakers.Extra sets (three), photocopies, of R.L Wilson documenting five-page letter on the Ballou Colts and related matters, dated November 25, 1964.Various extra photocopy pages from the letters on life insurance policy, Syracuse research, and the letter to Ballou of May 1853, urging him to accept business offer from Colonel Colt.And several miscellaneous papers and documents.Conclusion:No ensemble from the days of Colonel Samuel Colt has the same appeal, content and fascination as the unique Loren Ballou Cased Model 1851 Navy and Model 1855 Sidehammer Pocket revolvers. This historic grouping within the Cali Collection contributes a great deal of information on the workings of Samuel Colt's factory. It also shows how important Colt's trusted lieutenants were in making the Colt Armory enterprise into the foremost privately owned firearms factory in the world at that time.Literature:References to the cased set of revolvers and memorabilia:R.L. Wilson, Samuel Colt Presents A Loan Exhibition of Presentation Percussion Colt Firearms. 1961. Pages 124-125 illustrate and describe a Model 1851 Navy (with attachable carbine breech) and a Model 1855 Sidehammer revolver, cased together. Serial nos. 69640 (Navy) and 4473 (Pocket). R.L. Wilson. American Arms Collectors Percussion Colt Revolvers and Their Rivals The Al Cali Collection. Pp. 54-57.References to the Matched Pair of Superbly Cast Steel Rampant Colt Sculptures Made for Colonel Samuel Colt:R.L. Wilson. American Arms Collectors Percussion Colts and Their Rivals The Al Cali Collection, pictured, on the half title, title page, and pages vi-vii and x, as well as on page 54.. R.L. Wilson, The Rampant Colt The Story of a Trademark. 1969Provenance:Loren BallouBallou family heirs, Margorie B. Doty and H. Arline DotyJonathan M. PeckRobert AllanThe Model 1851 Navy in the collection of Alec Redfield, Hartford, ConnecticutThe case in the L.C. Jackson collectionAl Cali
Auction Location:
3500 Maple Avenue, Dallas, Texas, 75219, United States
Previewing Details:
September 9-11, 2011 Ukrainian Institute of America at The Fletcher-Sinclair Mansion
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September 16-18, 2011 Heritage Auctions
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at: http://coins.ha.com/c/ref/sales-tax.zx for more details.) Bidder agrees to pay Auctioneer
the actual amount of tax due in the event that sales tax is not properly collected due to: 1) an
expired, inaccurate, inappropriate tax certificate or declaration, 2) an incorrect interpretation of
the applicable statute, 3) or any other reason. The appropriate form or certificate must be on file
at and verified by Auctioneer five days prior to Auction or tax must be paid; only if such form or
certificate is received by Auctioneer within 4 days after the Auction can a refund of tax paid be
made. Lots from different Auctions may not be aggregated for sales tax purposes.
26. In the event that a Bidder’s payment is dishonored upon presentment(s), Bidder shall pay the
maximum statutory processing fee set by applicable state law. If you attempt to pay via eCheck
and your financial institution denies this transfer from your bank account, or the payment
cannot be completed using the selected funding source, you agree to complete payment using
your credit card on file.
27. If any Auction invoice submitted by Auctioneer is not paid in full when due, the unpaid balance
will bear interest at the highest rate permitted by law from the date of invoice until paid. Any
invoice not paid when due will bear a three percent (3%) late fee on the invoice amount or
three percent (3%) of any installment that is past due. If the Auctioneer refers any invoice to an
attorney for collection, the buyer agrees to pay attorney’s fees, court costs, and other collection
costs incurred by Auctioneer. If Auctioneer assigns collection to its in-house legal staff, such
attorney’s time expended on the matter shall be compensated at a rate comparable to the hourly
rate of independent attorneys.
28. In the event a successful Bidder fails to pay any amounts due, Auctioneer reserves the right to sell
the lot(s) securing the invoice to any underbidders in the Auction that the lot(s) appeared, or at
subsequent private or public sale, or relist the lot(s) in a future auction conducted by Auctioneer.
A defaulting Bidder agrees to pay for the reasonable costs of resale (including a 10% seller’s
commission, if consigned to an auction conducted by Auctioneer). The defaulting Bidder is liable to
pay any difference between his total original invoice for the lot(s), plus any applicable interest, and
the net proceeds for the lot(s) if sold at private sale or the subsequent hammer price of the lot(s) less
the 10% seller’s commissions, if sold at an Auctioneer’s auction.
29. Auctioneer reserves the right to require payment in full in good funds before delivery of the
merchandise.
Terms and Conditions of Auction
30. Auctioneer shall have a lien against the merchandise purchased by the buyer to secure payment
of the Auction invoice. Auctioneer is further granted a lien and the right to retain possession of
any other property of the buyer then held by the Auctioneer or its affiliates to secure payment
of any Auction invoice or any other amounts due the Auctioneer or affiliates from the buyer.
With respect to these lien rights, Auctioneer shall have all the rights of a secured creditor under
Article 9 of the Texas Uniform Commercial Code, including but not limited to the right of sale. In
addition, with respect to payment of the Auction invoice(s), the buyer waives any and all rights
of offset he might otherwise have against the Auctioneer and the consignor of the merchandise
included on the invoice. If a Bidder owes Auctioneer or its affiliates on any account, Auctioneer
and its affiliates shall have the right to offset such unpaid account by any credit balance due
Bidder, and it may secure by possessory lien any unpaid amount by any of the Bidder’s property
in their possession.
31. Title shall not pass to the successful Bidder until all invoices are paid in full. It is the responsibility
of the buyer to provide adequate insurance coverage for the items once they have been delivered
to a common carrier or third-party shipper.
Delivery; Shipping; and Handling Charges:
32. Buyer is liable for shipping and handling. Please refer to Auctioneer’s website www.HA.com/
common/shipping.php for the latest charges or call Auctioneer. Auctioneer is unable to combine
purchases from other auctions or affiliates into one package for shipping purposes. Lots won will
be shipped in a commercially reasonable time after payment in good funds for the merchandise
and the shipping fees is received or credit extended, except when third-party shipment occurs.
33. Successful international Bidders shall provide written shipping instructions, including specified
customs declarations, to the Auctioneer for any lots to be delivered outside of the United States.
NOTE: Declaration value shall be the item’(s) hammer price together with its buyer’s premium
and Auctioneer shall use the correct harmonized code for the lot. Domestic Buyers on lots
designated for third-party shipment must designate the common carrier, accept risk of loss, and
prepay shipping costs.
34. All shipping charges will be borne by the successful Bidder. On all domestic shipments, any
risk of loss during shipment will be borne by Heritage until the shipping carrier’s confirmation
of delivery to the address of record in Auctioneer’s file (carrier’s confirmation is conclusive to
prove delivery to Bidder; if the client has a Signature release on file with the carrier, the package
is considered delivered without Signature) or delivery by Heritage to Bidder’s selected thirdparty
shipper. On all foreign shipments, any risk of loss during shipment will be borne by the
Bidder following Auctioneer’s delivery to the Bidder’s designated common carrier or third-party
shipper.
35. Due to the nature of some items sold, it shall be the responsibility for the successful Bidder to
arrange pick-up and shipping through third-parties; as to such items Auctioneer shall have no
liability. Failure to pick-up or arrange shipping in a timely fashion (within ten days) shall subject
Lots to storage and moving charges, including a $100 administration fee plus $10 daily storage
for larger items and $5.00 daily for smaller items (storage fee per item) after 35 days. In the event
the Lot is not removed within ninety days, the Lot may be offered for sale to recover any past due
storage or moving fees, including a 10% Seller’s Commission.
36. The laws of various countries regulate the import or export of certain plant and animal
properties, including (but not limited to) items made of (or including) ivory, whalebone,
turtleshell, coral, crocodile, or other wildlife. Transport of such lots may require special licenses
for export, import, or both. Bidder is responsible for: 1) obtaining all information on such
restricted items for both export and import; 2) obtaining all such licenses and/or permits. Delay
or failure to obtain any such license or permit does not relieve the buyer of timely compliance
with standard payment terms. For further information, please contact Ron Brackemyre at 800-
872-6467 ext. 1312.
37. Any request for shipping verification for undelivered packages must be made within 30 days of
shipment by Auctioneer.
Cataloging, Warranties and Disclaimers:
38. NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH RESPECT TO ANY
DESCRIPTION CONTAINED IN THIS AUCTION OR ANY SECOND OPINE. Any description
of the items or second opine contained in this Auction is for the sole purpose of identifying the
items for those Bidders who do not have the opportunity to view the lots prior to bidding, and
no description of items has been made part of the basis of the bargain or has created any express
warranty that the goods would conform to any description made by Auctioneer. Color variations
can be expected in any electronic or printed imaging, and are not grounds for the return of any
lot. NOTE: Auctioneer, in specified auction venues, for example, Fine Art, may have express
written warranties and you are referred to those specific terms and conditions. .
39. Auctioneer is selling only such right or title to the items being sold as Auctioneer may have by
virtue of consignment agreements on the date of auction and disclaims any warranty of title to
the Property. Auctioneer disclaims any warranty of merchantability or fitness for any particular
purposes. All images, descriptions, sales data, and archival records are the exclusive property
of Auctioneer, and may be used by Auctioneer for advertising, promotion, archival records, and
any other uses deemed appropriate.
40. Translations of foreign language documents may be provided as a convenience to interested
parties. Auctioneer makes no representation as to the accuracy of those translations and will not
be held responsible for errors in bidding arising from inaccuracies in translation.
41. Auctioneer disclaims all liability for damages, consequential or otherwise, arising out of or in
connection with the sale of any Property by Auctioneer to Bidder. No third party may rely on any
benefit of these Terms and Conditions and any rights, if any, established hereunder are personal
to the Bidder and may not be assigned. Any statement made by the Auctioneer is an opinion and
does not constitute a warranty or representation. No employee of Auctioneer may alter these
Terms and Conditions, and, unless signed by a principal of Auctioneer, any such alteration is
null and void.
42. Auctioneer shall not be liable for breakage of glass or damage to frames (patent or latent); such
defects, in any event, shall not be a basis for any claim for return or reduction in purchase price.
Release:
43. In consideration of participation in the Auction and the placing of a bid, Bidder expressly
releases Auctioneer, its officers, directors and employees, its affiliates, and its outside experts
that provide second opines, from any and all claims, cause of action, chose of action, whether at
law or equity or any arbitration or mediation rights existing under the rules of any professional
society or affiliation based upon the assigned description, or a derivative theory, breach of
warranty express or implied, representation or other matter set forth within these Terms and
Conditions of Auction or otherwise. In the event of a claim, Bidder agrees that such rights
and privileges conferred therein are strictly construed as specifically declared herein; e.g.,
authenticity, typographical error, etc. and are the exclusive remedy. Bidder, by non-compliance
to these express terms of a granted remedy, shall waive any claim against Auctioneer.
44. Notice: Some Property sold by Auctioneer are inherently dangerous e.g. firearms, cannons, and
small items that may be swallowed or ingested or may have latent defects all of which may cause
harm to a person. Purchaser accepts all risk of loss or damage from its purchase of these items and
Auctioneer disclaims any liability whether under contract or tort for damages and losses, direct
or inconsequential, and expressly disclaims any warranty as to safety or usage of any lot sold.
Dispute Resolution and Arbitration Provision:
45. By placing a bid or otherwise participating in the auction, Bidder accepts these Terms and
Conditions of Auction, and specifically agrees to the dispute resolution provided herein.
Consumer disputes shall be resolved through court litigation which has an exclusive Dallas,
Texas venue clause and jury waiver. Non-consumer dispute shall be determined in binding
arbitration which arbitration replaces the right to go to court, including the right to a jury trial.
46. Auctioneer in no event shall be responsible for consequential damages, incidental damages,
compensatory damages, or any other damages arising or claimed to be arising from the auction of
any lot. In the event that Auctioneer cannot deliver the lot or subsequently it is established that the
lot lacks title, or other transfer or condition issue is claimed, in such cases the sole remedy shall be
limited to rescission of sale and refund of the amount paid by Bidder; in no case shall Auctioneer’s
maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes the
value of the lot. After one year has elapsed, Auctioneer’s maximum liability shall be limited to any
commissions and fees Auctioneer earned on that lot.
47. In the event of an attribution error, Auctioneer may at its sole discretion, correct the error on
the Internet, or, if discovered at a later date, to refund the buyer’s purchase price without further
obligation.
48. Dispute Resolution for Consumers and Non-Consumers: Any claim, dispute, or controversy in
connection with, relating to and /or arising out of the Auction, participation in the Auction,
award of lots, damages of claims to lots, descriptions, condition reports, provenance, estimates,
return and warranty rights, any interpretation of these Terms and Conditions, any alleged
verbal modification of these Terms and Conditions and/or any purported settlement whether
asserted in contract, tort, under Federal or State statute or regulation shall or any other matter:
a) if presented by a consumer, be exclusively heard by, and the parties consent to, exclusive
in personam jurisdiction in the State District Courts of Dallas County, Texas. THE PARTIES
EXPRESSLY WAIVE ANY RIGHT TO TRIAL BY JURY. Any appeals shall be solely pursued
in the appellate courts of the State of Texas; or b) for any claimant other than a consumer, the
claim shall be presented in confidential binding arbitration before a single arbitrator, that the
parties may agree upon, selected from the JAMS list of Texas arbitrators. The case is not to be
administrated by JAMS; however, if the parties cannot agree on an arbitrator, then JAMS shall
appoint the arbitrator and it shall be conducted under JAMS rules. The locale shall be Dallas
Texas. The arbitrator’s award may be enforced in any court of competent jurisdiction. Any party
on any claim involving the purchase or sale of numismatic or related items may elect arbitration
through binding PNG arbitration. Any claim must be brought within one (1) year of the alleged
breach, default or misrepresentation or the claim is waived. This agreement and any claims
shall be determined and construed under Texas law. The prevailing party (party that is awarded
substantial and material relief on its claim or defense) may be awarded its reasonable attorneys’
fees and costs.
49. No claims of any kind can be considered after the settlements have been made with the
consignors. Any dispute after the settlement date is strictly between the Bidder and consignor
without involvement or responsibility of the Auctioneer.
50. In consideration of their participation in or application for the Auction, a person or entity
(whether the successful Bidder, a Bidder, a purchaser and/or other Auction participant or
registrant) agrees that all disputes in any way relating to, arising under, connected with, or
incidental to these Terms and Conditions and purchases, or default in payment thereof, shall
be arbitrated pursuant to the arbitration provision. In the event that any matter including
actions to compel arbitration, construe the agreement, actions in aid or arbitration or otherwise
needs to be litigated, such litigation shall be exclusively in the Courts of the State of Texas, in
Dallas County, Texas, and if necessary the corresponding appellate courts. For such actions,
the successful Bidder, purchaser, or Auction participant also expressly submits himself to the
personal jurisdiction of the State of Texas.
51. These Terms & Conditions provide specific remedies for occurrences in the auction and delivery
process. Where such remedies are afforded, they shall be interpreted strictly. Bidder agrees
that any claim shall utilize such remedies; Bidder making a claim in excess of those remedies
provided in these Terms and Conditions agrees that in no case whatsoever shall Auctioneer’s
maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes
the value of the lot.
Miscellaneous:
52. Agreements between Bidders and consignors to effectuate a non-sale of an item at Auction,
inhibit bidding on a consigned item to enter into a private sale agreement for said item, or to
utilize the Auctioneer’s Auction to obtain sales for non-selling consigned items subsequent to
the Auction, are strictly prohibited. If a subsequent sale of a previously consigned item occurs in
violation of this provision, Auctioneer reserves the right to charge Bidder the applicable Buyer’s
Premium and consignor a Seller’s Commission as determined for each auction venue and by the
terms of the seller’s agreement.
53. Acceptance of these Terms and Conditions qualifies Bidder as a client who has consented to be
contacted by Heritage in the future. In conformity with “do-not-call” regulations promulgated
by the Federal or State regulatory agencies, participation by the Bidder is affirmative consent to
being contacted at the phone number shown in his application and this consent shall remain in
effect until it is revoked in writing. Heritage may from time to time contact Bidder concerning sale,
purchase, and auction opportunities available through Heritage and its affiliates and subsidiaries.
54. Rules of Construction: Auctioneer presents properties in a number of collectible fields, and as
such, specific venues have promulgated supplemental Terms and Conditions. Nothing herein
shall be construed to waive the general Terms and Conditions of Auction by these additional
rules and shall be construed to give force and effect to the rules in their entirety.
State Notices:
Notice as to an Auction in California. Auctioneer has in compliance with Title 2.95 of the California
Civil Code as amended October 11, 1993 Sec. 1812.600, posted with the California Secretary of State
its bonds for it and its employees, and the auction is being conducted in compliance with Sec. 2338
of the Commercial Code and Sec. 535 of the Penal Code.
Notice as to an Auction in New York City. These Terms and Conditions of Sale are designed to
conform to the applicable sections of the New York City Department of Consumer Affairs Rules
and Regulations as Amended. This sale is a Public Auction Sale conducted by Heritage Auction
Galleries, Inc. #41513036. The New York City licensed auctioneers are: Sam Foose, #095260;
Kathleen Guzman, #0762165; Nicholas Dawes, #1304724; Ed Beardsley, #1183220; Scott Peterson,
#1306933; Andrea Voss, #1320558, who will conduct the Sale on behalf of Heritage Numismatic
Auctions, Inc. (for Coins and Currency) and Heritage Auction Galleries Inc. (for other items). All
lots are subject to: the consignor’s rights to bid thereon in accord with these Terms and Conditions
of Sale, consignor’s option to receive advances on their consignments, and Auctioneer, in its sole
discretion, may offer limited extended financing to registered bidders, in accord with Auctioneer’s
internal credit standards. A registered bidder may inquire whether a lot is subject to an advance
or a reserve. Auctioneer has made advances to various consignors in this sale. On lots bearing an
estimate, the term refers to a value range placed on an item by the Auctioneer in its sole opinion but
the final price is determined by the bidders.
Notice as to an Auction in Texas. In compliance with TDLR rule 67.100(c)(1), notice is hereby
provided that this auction is covered by a Recovery Fund administered by the Texas Department of
Licensing and Regulation, P.O. Box 12157, Austin, Texas 78711 (512) 463-6599. Any complaints may
be directed to the same address.
Notice as to an Auction in Ohio: Auction firm and Auctioneer are licensed by the Dept. of
Agriculture, and either the licensee is bonded in favor of the state or an aggrieved person may
initiate a claim against the auction recovery fund created in Section 4707.25 of the Revised Code as
a result of the licensee’s actions, whichever is applicable.
Rev. 7-25-11
Additional Terms & Conditions:
Coins & Currency
COINS and CURRENCY TERM A: Signature® Auctions are not on approval. No certified material may
be returned because of possible differences of opinion with respect to the grade offered by any thirdparty
organization, dealer, or service. No guarantee of grade is offered for uncertified Property sold
and subsequently submitted to a third-party grading service. There are absolutely no exceptions to
this policy. Under extremely limited circumstances, (e.g. gross cataloging error) a purchaser, who
did not bid from the floor, may request Auctioneer to evaluate voiding a sale: such request must be
made in writing detailing the alleged gross error; submission of the lot to the Auctioneer must be
pre-approved by the Auctioneer; and bidder must notify Ron Brackemyre (1-800-8726467 Ext. 1312)
in writing of such request within three (3) days of the non-floor bidder’s receipt of the lot. Any lot
that is to be evaluated must be in our offices within 30 days after Auction. Grading or method of
manufacture do not qualify for this evaluation process nor do such complaints constitute a basis to
challenge the authenticity of a lot. AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE RETURNED
FOR REASONS OTHER THAN AUTHENTICITY. Lots returned must be housed intact in their
original holder. No lots purchased by floor Bidders may be returned (including those Bidders acting
as agents for others) except for authenticity. Late remittance for purchases may be considered just
cause to revoke all return privileges.
COINS and CURRENCY TERM B: Auctions conducted solely on the Internet THREE (3) DAY RETURN
POLICY: Certified Coin and Uncertified and Certified Currency lots paid for within seven days of the
Auction closing are sold with a three (3) day return privilege. You may return lots under the following
conditions: Within three days of receipt of the lot, you must first notify Auctioneer by contacting
Client Service by phone (1-800-872-6467) or e-mail (Bid@HA.com), and immediately ship the lot(s)
fully insured to the attention of Returns, Heritage, 3500 Maple Avenue, 17th Floor, Dallas TX 75219-
3941. Lots must be housed intact in their original holder and condition. You are responsible for the
insured, safe delivery of any lots. A non-negotiable return fee of 5% of the purchase price ($10 per
lot minimum) will be deducted from the refund for each returned lot or billed directly. Postage and
handling fees are not refunded. After the three-day period (from receipt), no items may be returned
for any reason. Late remittance for purchases revokes these Return privileges.
COINS and CURRENCY TERM C: Bidders who have inspected the lots prior to any Auction, or attended
the Auction, or bid through an Agent, will not be granted any return privileges, except for reasons
of authenticity.
COINS and CURRENCY TERM D: Coins sold referencing a third-party grading service are sold “as
is” without any express or implied warranty, except for a guarantee by Auctioneer that they are
genuine. Certain warranties may be available from the grading services and the Bidder is referred
to them for further details: Numismatic Guaranty Corporation (NGC), P.O. Box 4776, Sarasota, FL
34230; Professional Coin Grading Service (PCGS), PO Box 9458, Newport Beach, CA 92658; ANACS,
6555 S. Kenton St. Ste. 303, Englewood, CO 80111; and Independent Coin Grading Co. (ICG), 7901
East Belleview Ave., Suite 50, Englewood, CO 80111.
COINS and CURRENCY TERM E: Notes sold referencing a third-party grading service are sold “as
is” without any express or implied warranty, except for guarantee by Auctioneer that they are
genuine. Grading, condition or other attributes of any lot may have a material effect on its value,
and the opinion of others, including third-party grading services such as PCGS Currency, PMG, and
CGA may differ with that of Auctioneer. Auctioneer shall not be bound by any prior or subsequent
opinion, determination, or certification by any grading service. Bidder specifically waives any
claim to right of return of any item because of the opinion, determination, or certification, or lack
thereof, by any grading service. Certain warranties may be available from the grading services
and the Bidder is referred to them for further details: Paper Money Guaranty (PMG), PO Box 4711,
Sarasota FL 34230; PCGS Currency, PO Box 9458, Newport Beach, CA 92658; Currency Grading
& Authentication (CGA), PO Box 418, Three Bridges, NJ 08887. Third party graded notes are not
returnable for any reason whatsoever.
COINS and CURRENCY TERM F: Since we cannot examine encapsulated coins or notes, they are sold
“as is” without our grading opinion, and may not be returned for any reason. Auctioneer shall not be
liable for any patent or latent defect or controversy pertaining to or arising from any encapsulated
collectible. In any such instance, purchaser’s remedy, if any, shall be solely against the service
certifying the collectible.
COINS and CURRENCY TERM G: Due to changing grading standards over time, differing
interpretations, and to possible mishandling of items by subsequent owners, Auctioneer reserves the
right to grade items differently than shown on certificates from any grading service that accompany
the items. Auctioneer also reserves the right to grade items differently than the grades shown in the
prior catalog should such items be reconsigned to any future auction.
COINS and CURRENCY TERM H: Although consensus grading is employed by most grading services,
it should be noted as aforesaid that grading is not an exact science. In fact, it is entirely possible that
if a lot is broken out of a plastic holder and resubmitted to another grading service or even to the
same service, the lot could come back with a different grade assigned.
COINS and CURRENCY TERM I: Certification does not guarantee protection against the normal
risks associated with potentially volatile markets. The degree of liquidity for certified coins and
collectibles will vary according to general market conditions and the particular lot involved. For
some lots there may be no active market at all at certain points in time.
COINS and CURRENCY TERM J: All non-certified coins and currency are guaranteed genuine, but
are not guaranteed as to grade, since grading is a matter of opinion, an art and not a science,
and therefore the opinion rendered by the Auctioneer or any third party grading service may not
agree with the opinion of others (including trained experts), and the same expert may not grade
the same item with the same grade at two different times. Auctioneer has graded the non-certified
numismatic items, in the Auctioneer’s opinion, to their current interpretation of the American
Numismatic Association’s standards as of the date the catalog was prepared. There is no guarantee
or warranty implied or expressed that the grading standards utilized by the Auctioneer will meet the
standards of any grading service at any time in the future.
COINS and CURRENCY TERM K: Storage of purchased coins and currency: Purchasers are advised
that certain types of plastic may react with a coin’s metal or transfer plasticizer to notes and may
cause damage. Caution should be used to avoid storage in materials that are not inert.
COINS and CURRENCY TERM L: Storage of purchased coins and currency: Purchasers are advised that
certain types of plastic may react with a coin’s metal or transfer plasticizer to notes and may cause
damage. Caution should be used to avoid storage in materials that are not inert.
COINS and CURRENCY TERM M: NOTE: Purchasers of rare coins or currency through Heritage have
available the option of arbitration by the Professional Numismatists Guild (PNG); if an election is
not made within ten (10) days of an unresolved dispute, Auctioneer may elect either PNG or A.A.A.
Arbitration.
COINS and CURRENCY TERM N: For more information regarding Canadian lots attributed to the
Charlton reference guides, please contact: Charlton International, PO Box 820, Station Willowdale
B, North York, Ontario M2K 2R1 Canada.
COINS and CURRENCY TERM O: Some of the lots offered herein have been assigned to 1031 Services,
Inc. for the purpose of consignor’s tax deferred exchange.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 6-6-11
Additional Terms & Conditions:
MEMORABILIA & Historical AUCTIONS
MEMORABILIA & HISTORICAL TERM A: Signature® and Grand Format Auctions of Autographs,
Sports Collectibles, Music, Entertainment, Political, Americana, Vintage Movie Posters and
Pop Culture memorabilia are not on approval. When the lot is accompanied by a Certificate of
Authenticity (or its equivalent) from an third-party authentication provider, buyer has no right
of return. On lots not accompanied by third-party authentication or under extremely limited
circumstances not including authenticity (e.g. gross cataloging error), a purchaser who did not
bid from the floor may request Auctioneer to evaluate voiding a sale; such request must be made
in writing detailing the alleged gross error, and submission of the lot to Auctioneer must be
pre-approved by Auctioneer. A Bidder must notify the appropriate department head (check the
inside front cover of the catalog or our website for a listing of department heads) in writing of
the Bidder’s request within three (3) days of the non-floor bidder’s receipt of the lot. Any lot that
is to be evaluated for return must be received in our offices within 35 days after Auction. AFTER
THAT 35 DAY PERIOD, NO LOT MAY BE RETURNED FOR ANY REASONS. Lots returned must
be in the same condition as when sold and must include any Certificate of Authenticity. No lots
purchased by floor bidders (including those bidders acting as agents for others) may be returned.
Late remittance for purchases may be considered just cause to revoke all return privileges.
MEMORABILIA & HISTORICAL TERM B: On any lot presented with a Letter of Authenticity
(“LOA”) issued by Auctioneer or its Heritage affiliates, that warranty inures only to the original
purchaser (as shown in Auctioneer’s records) “Purchaser”. Purchaser may not transfer the rights
afforded under the LOA and it is null and void when Purchaser transfers or attempts to transfer
the lot. The LOA warranty is valid from date of the auction in which Purchaser was awarded
the lot to four (4) years after its purchase. The LOA warranty is valid as to its attribution to the
person or entity described or to the lot’s usage, e.g. game worn. Claim procedure: Purchaser
must contact the Auctioneer prior to submission of the lot as to his intent to make a claim and
arrange secure shipment. If a lot’s authenticity is questioned by Purchaser within the warranty
period, Purchaser must present with the claim, authoritative written evidence that the lot is not
authentic as determined by a known expert in the sports field. If Auctioneer concurs that the
lot is not as represented, Purchaser shall be refunded their purchase price. If the Auctioneer
denies the claim, the Purchaser may file the dispute with the American Arbitration Association
with locale in Dallas, Texas, before a single arbitration under expedited rules. The LOA does
not provide for incidental or consequential damages or other indirect damages. Any lot sold
with a certificate of authenticity or other warranty from an entity other than Auctioneer or
Heritage’s affiliates is subject to such issuing entity’s rules and such conditions are the sole
remedy afforded to purchaser. For information as to third party authentication warranties the
bidder is directed to: PSA/DNA, P.O. Box 6180 Newport Beach, CA 92658 (800) 325-1121. James
Spence Authentication (JSA), 2 Sylvan Way, Suite 102 Parsippany, NJ 07054 (888) 457-7362; or as
otherwise noted on the Certificate.
MEMORABILIA & HISTORICAL TERM C: As authenticity and provenance are not warranted, if
a Bidder intends to challenge, authenticity or provenance of a lot he must notify Auctioneer in
writing within thirty-five (35) days of the Auction’s conclusion. Any claim as to provenance or
authenticity must be first transmitted to Auctioneer by credible and definitive evidence or the
opine of a qualified third party expert and there is no assurance after such presentment that
Auctioneer will validate the claim. Authentication is not an exact science and contrary opinions
may not be recognized by Auctioneer. Even if Auctioneer agrees with the contrary opinion of
such authentication and validates the claim, Auctioneer’s liability for reimbursement for any
opine by Bidder’s expert shall not exceed $500. Acceptance of a claim under this provision shall
be limited to rescission of the sale and refund of purchase price; in no case shall Auctioneer’s
maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes
the value of the lot. While every effort is made to determine provenance and authenticity, it is the
responsibility of the Bidder to arrive at their own conclusion prior to bidding.
MEMORABILIA & HISTORICAL TERM D: In the event Auctioneer cannot deliver the lot or
subsequently it is established that the lot lacks title, or other transfer or condition issue is
claimed, Auctioneer’s liability shall be limited to rescission of sale and refund of purchase
price; in no case shall Auctioneer’s maximum liability exceed the high bid on that lot, which bid
shall be deemed for all purposes the value of the lot. After one year has elapsed from the close
of the Auction, Auctioneer’s maximum liability shall be limited to any commissions and fees
Auctioneer earned on that lot.
MEMORABILIA & HISTORICAL TERM E: On the fall of Auctioneer’s hammer, buyer assumes full
risk and responsibility for lot, including shipment by common carrier, and must provide their
own insurance coverage for shipments.
MEMORABILIA & HISTORICAL TERM F: Auctioneer complies with all Federal and State rules
and regulations relating to the purchasing, registration and shipping of firearms. A purchaser is
required to provide appropriate documents and the payment of associated fees, if any. Purchaser
is responsible for providing a shipping address that is suitable for the receipt of a firearm.
Memorabilia and Historical Term G -Screen Shot . Screen shots included in the
catalog or on the Heritage Internet are provided for reference only. Important Notice: Many
identical versions of props and costumes are created for film and television productions in
the normal course of a production. Heritage does not warrant or represent that the screen
shots referenced are exact images of the offered item (unless specifically noted in the
written description). Use of a screen shot does not constitute a warranty or representation of
authenticity or provenance. There is not a right of return or refund based upon a claim arising
out of or pertaining to any reference to a screen shot.
Special Term H Guitars : Bidders are urged to make a personal inspection of any guitar
that they intend to bid on as there is a limited right of return. Heritage makes a visual
inspection of the guitars to determine whether there are patent defects and whether the date
and manufacturer corresponds to the description. Returns are not accepted for latent defects,
structural issues, or mechanical and sound reproduction issues. It should be assumed that set
up, adjustments and normal maintenance are necessary.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 1-21-11
Additional Terms & Conditions:
FINE & DECORATIVE ARTS AUCTIONS
FINE AND DECORATIVE ARTS TERM A: LIMITED WARRANTY: Auctioneer warrants authorship,
period or culture of each lot sold in this catalog as set out in the BOLD-face type heading in the
catalog description of the lot, with the following exclusions. This warranty does not apply to:
i. authorship of any paintings, drawings or sculpture created prior to 1870, unless the lot is
determined to be a counterfeit which has a value at the date of the claim for rescission which is
materially less than the purchase price paid for the lot; or
ii. any catalog description where it was specifically mentioned that there is a conflict of specialist
opinion on the authorship of a lot; or
iii. authorship which on the date of sale was in accordance with the then generally accepted opinion of
scholars and specialists, despite the subsequent discovery of new information, whether historical
or physical, concerning the artist or craftsman, his students, school, workshop or followers; or
iv. the identification of periods or dates of execution which may be proven inaccurate by means of
scientific processes not generally accepted for use until after publication of the catalog, or which
were unreasonably expensive or impractical to use at the time of publication of the catalog.
The term counterfeit is defined as a modern fake or forgery, made less than fift y years ago with the
intent to deceive. The authenticity of signatures, monograms, initials or other similar indications
of authorship is expressly excluded as a controlling factor in determining whether a work is a
counterfeit under the meaning of these Terms and Conditions of Auction.
FINE AND DECORATIVE ARTS TERM B: GLOSSARY OF TERMS: Terms used in this catalog have the
following meanings. Please note that all statements in this catalog, excluding those in BOLD-face
type, regarding authorship, attribution, origin, date, age, provenance and condition are statements
of opinion and are not treated as a statement of fact.
1. THOMAS MORAN
In our opinion, the work is by the artist.
2. ATTRIBUTED TO THOMAS MORAN
In our opinion, the work is of the period of the artist which may be whole or in part the work of the
artist.
3. STUDIO, (CIRCLE OR WORKSHOP) OF THOMAS MORAN
In our opinion, the work is of the period and closely relates to his style.
4. SCHOOL OF THOMAS MORAN
In our opinion, the work is by a pupil or a follower of the artist.
5. MANNER OF THOMAS MORAN
In our opinion, the work is in the style of the artist and is of a later period.
6. AFTER THOMAS MORAN
In our opinion, this work is a copy of the artist.
7. ASCRIBED TO THOMAS MORAN
In our opinion, this work is not by the artist, however, previous scholarship has noted this to be a
work by the artist.
8. SIGNED (OR DATED)
The work has a signature (or date) which is in our opinion is genuine.
9. BEARS SIGNATURE (OR DATE)
The work has a signature (or date) which in our opinion is not authentic.
FINE AND DECORATIVE ARTS TERM C: PRESENTMENT: The warranty as to authorship is provided
for a period of one (1) year from the date of the auction and is only for the benefit of the original
purchaser of record and is not transferable.
FINE AND DECORATIVE ARTS TERM D: The Auction is not on approval. Under extremely limited
circumstances (e.g. gross cataloging error), not including attributions in BOLD-face type, which
are addressed in Term F below, a purchaser who did not bid from the floor may request Auctioneer
to evaluate voiding a sale; such request must be made in writing detailing the alleged gross error,
and submission of the lot to Auctioneer must be pre-approved by Auctioneer. A bidder must notify
the appropriate department head (check the inside front cover of the catalog or our website for
a listing of department heads) in writing of the purchaser’s request within three (3) days of the
non-floor bidder’s receipt of the lot. Any lot that is to be evaluated for return must be received
in our offices within 40 days after Auction. AFTER THAT 40-DAY PERIOD, NO LOT MAY BE
RETURNED FOR ANY REASON. Lots returned must be in the same condition as when sold
and must include any Certificate of Authenticity. No lots purchased by floor bidders (including
those bidders acting as agents for others) may be returned. Late remittance for purchases may be
considered just cause to revoke all return privileges.
FINE AND DECORATIVE ARTS TERM E: The catalog descriptions are provided for identification
purposes only. Bidders who intend to challenge a BOLD-face provision in the description of a
lot must notify Auctioneer in writing within forty (40) days of the Auction’s conclusion. In the
event Auctioneer cannot deliver the lot or subsequently it is established that the lot lacks title or
the BOLD-face section of description is incorrect, or other transfer or condition issue is claimed,
Auctioneer’s liability shall be limited to rescission of sale and refund of purchase price. In no
case shall Auctioneer’s maximum liability exceed the successful bid on that lot, which bid shall
be deemed for all purposes the value of the lot. After one year has elapsed from the close of the
Auction, Auctioneer’s maximum liability shall be limited to any commissions and fees Auctioneer
earned on that lot.
FINE AND DECORATIVE ARTS TERM F: Any claim as to authorship, provenance, authenticity, or
other matter under the remedies provided in the Fine Arts Terms and Conditions or otherwise
must be first transmitted to Auctioneer by credible and definitive evidence within the applicable
claim period. Auctioneer, in processing the written claim, may require the Purchaser to obtain the
written opinion of two recognized experts in the field who are mutually accepted by Auctioneer
and Purchaser. Upon receipt of the two opinions, Auctioneer shall determine whether to rescind
the sale. The Purchaser’s claim must be presented in accord with the remedies provided herein
and is subject to the limitations and restrictions provided (including within the described time
limitations). Regardless of Purchaser’s submissions there is no assurance after such presentment
that Auctioneer will validate the claim. Authentication is not an exact science and contrary
opinions may not be recognized by Auctioneer. Even if Auctioneer agrees with the contrary
opinion of such authentication and provides a remedy within these Terms and Conditions or
otherwise, our liability for reimbursement for bidder’s third party opines shall not exceed $500.
The right of rescission, return, or any other remedy provided in these Terms and Conditions, or
any other applicable law, does not extend to authorship of any lot which at the date of Auction was
in accordance with the then generally accepted opinion of scholars and specialists, despite the
subsequent discovery of new information, whether historical or physical, concerning the artist, his
students, school, workshop or followers. Purchaser by placing a bid expressly waives any claim or
damage based on such subsequent information as described herein. It is specifically understood
that any refund agreed to by the Auctioneer would be limited to the purchase price.
FINE AND DECORATIVE ARTS TERM G: Provenance and authenticity, excluding attributions in
BOLD-face type, are guaranteed by neither the consignor nor Auctioneer. While every effort is
made to determine provenance and authenticity, it is the responsibility of the Bidder to arrive at
their own conclusion prior to bidding.
FINE AND DECORATIVE ARTS TERM H: On the fall of Auctioneer’s hammer, Buyers of Fine Arts and
Decorative Arts lots assumes full risk and responsibility for lot, including shipment by common
carrier or third-party shipper, and must provide their own insurance coverage for shipments.
FINE AND DECORATIVE ARTS TERM I: Auctioneer complies with all Federal and State rules and
regulations relating to the purchasing, registration and shipping of firearms. A purchaser is
required to provide appropriate documents and the payment of associated fees, if any. Purchaser is
responsible for providing a shipping address that is suitable for the receipt of a firearm.
Heritage Auction Galleries strongly encourages in-person inspection of lots by the Bidder. While
Heritage is not obligated to provide a condition report of each lot, Bidders may feel free to contact
the department for a Condition Report and Heritage will attempt to furnish one, but shall not be
liable for failing to do so. Condition is often detailed online, but is not included in our catalogues.
The Bidder should review online descriptions as the descriptions supercede catalog descriptions
and those condition reports otherwise provided. Statements by Heritage regarding the condition of
objects are for guidance only and should not be relied upon as statements of fact, and do not constitute
a representation, warranty, or assumption of liability by Heritage. All lots offered regardless of a
condition report are sold “AS IS”.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev.12-23-10
Additional Terms & Conditions:
SPORTS COLLECTIBLES AUCTIONS
SPORTS COLLECTIBLES TERM A: Signature® Auctions are not on approval. No certified material may
be returned because of possible differences of opinion with respect to the grade offered by any thirdparty
organization, dealer, or service. No guarantee of grade is offered for uncertified Property sold
and subsequently submitted to a third-party grading service. There are absolutely no exceptions to
this policy. Under extremely limited circumstances, (e.g. gross cataloging error) a purchaser, who
did not bid from the floor, may request Auctioneer to evaluate voiding a sale; such request must
be made in writing detailing the alleged gross error, and submission of the lot to the Auctioneer
must be pre-approved by the Auctioneer; A bidder must notify the appropriate department head
(check the inside front cover of the catalog or our website for a listing of department heads) in
writing of such request within three (3) days of the mail bidder’s receipt of the lot. Any lot that is to
be evaluated must be in our offices within 30 days after Auction. Grading does not qualify for this
evaluation process nor do such complaints constitute a basis to challenge the authenticity of a lot.
AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE RETURNED FOR REASONS OTHER THAN
AUTHENTICITY. Lots returned must be housed intact in the original holder. No lots purchased by
floor Bidders (including those Bidders acting as agents for others) may be returned. Late remittance
for purchases may be considered just cause to revoke all return privileges.
SPORTS COLLECTIBLES TERM B: Auctions conducted solely on the Internet THREE (3) DAY
RETURN POLICY. All lots paid for within seven days of the Internet-only Auction closing are sold
with a three (3) day return privilege. You may return lots under the following conditions: Within
three days of receipt of the lot, you must first notify Auctioneer by contacting Client Service by
phone (1-800-872-6467) or e-mail (Bid@HA.com), and immediately mail the lot(s) fully insured to
the attention of Returns, Heritage, 3500 Maple Avenue, 17th Floor, Dallas TX 75219-3941. Lots must
be housed intact in their original holder and condition. You are responsible for the insured, safe
delivery of any lots. A non-negotiable return fee of 5% of the purchase price ($10 per lot minimum)
will be deducted from the refund for each returned lot or billed directly. Postage and handling
fees are not refunded. After the three-day period (from receipt), no items may be returned for any
reason. Late remittance for purchases revokes all Return privileges.
SPORTS COLLECTIBLES TERM C: Bidders who have inspected the lots or had the opportunity to
Inspect the lots prior to any Auction will not be granted any return privileges.
SPORTS COLLECTIBLES TERM D: Sportscards sold referencing a third-party grading service are
sold “as is” without any express or implied warranty. Certain warranties may be available from
the grading services and the Bidder is referred to them for further details: Professional Sports
Authenticator (PSA), P.O. Box 6180 Newport Beach, CA 92658; Sportscard Guaranty LLC (SGC)
P.O. Box 6919 Parsippany, NJ 07054-6919; Global Authentication (GAI), P.O. Box 57042 Irvine, Ca.
92619; Beckett Grading Service (BGS), 15850 Dallas Parkway, Dallas TX 75248.
SPORTS COLLECTIBLES TERM E: On any lot presented with a Letter of Authenticity (“LOA”) issued
by Auctioneer or its Heritage affiliates, that warranty inures only to the original purchaser (as
shown in Auctioneer’s records) “Purchaser”. Purchaser may not transfer the rights afforded under
the LOA and it is null and void when Purchaser transfers or attempts to transfer the lot. The LOA
warranty is valid from date of the auction in which Purchaser was awarded the lot to four (4) years
after its purchase. The LOA warranty is valid as to its attribution to the person or entity described
or to the lot’s usage, e.g. game worn. Claim procedure: Purchaser must contact the Auctioneer
prior to submission of the lot as to his intent to make a claim and arrange secure shipment. If a lot’s
authenticity is questioned by Purchaser within the warranty period, Purchaser must present with
the claim, authoritative written evidence that the lot is not authentic as determined by a known
expert in the sports field. If Auctioneer concurs that the lot is not as represented, Purchaser shall
be refunded their purchase price. If the Auctioneer denies the claim, the Purchaser may file the
dispute with the American Arbitration Association with locale in Dallas, Texas, before a single
arbitration under expedited rules. The LOA does not provide for incidental or consequential
damages or other indirect damages. Any lot sold with a certificate of authenticity or other warranty
from an entity other than Auctioneer or Heritage’s affiliates is subject to such issuing entity’s rules
and such conditions are the sole remedy afforded to purchaser. For information as to third party
authentication warranties the bidder is directed to: PSA/DNA, P.O. Box 6180 Newport Beach, CA
92658 (800) 325-1121. James Spence Authentication (JSA), 2 Sylvan Way, Suite 102 Parsippany, NJ
07054 (888) 457-7362; or as otherwise noted on the Certificate.
SPORTS COLLECTIBLES TERM F: Bidders who intend to challenge authenticity or provenance of a
lot must notify Auctioneer in writing within thirty (30) days of the Auction’s conclusion. In the
event Auctioneer cannot deliver the lot or subsequently it is established that the lot lacks title,
provenance, authenticity, or other transfer or condition issue is claimed, Auctioneer’s liability shall
be limited to rescission of sale and refund of purchase price; in no case shall Auctioneer’s maximum
liability exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the
lot. After one year has elapsed, Auctioneer’s maximum liability shall be limited to any commissions
and fees Auctioneer earned on that lot.
SPORTS COLLECTIBLES TERM G: Auctioneer shall not be liable for any patent or latent defect or
controversy pertaining to or arising from any encapsulated collectible. In any such instance,
purchaser’s remedy, if any, shall be solely against the service certifying the collectible.
SPORTS COLLECTIBLES TERM H: Due to changing grading standards over time, differing
interpretations, and to possible mishandling of items by subsequent owners, Auctioneer reserves
the right to grade items differently than shown on certificates from any grading service that
accompany the items. Auctioneer also reserves the right to grade items differently than the grades
shown in the prior catalog should such items be reconsigned to any future auction.
SPORTS COLLECTIBLES TERM I: Although consensus grading is employed by most third-party
services, it should be noted as aforesaid that grading is not an exact science. In fact, it is entirely
possible that if a lot is broken out of a plastic holder and resubmitted to another grading service or
even to the same service, the lot could come back with a different grade assigned.
SPORTS COLLECTIBLES TERM J: Certification does not guarantee protection against the normal risks
associated with potentially volatile markets. The degree of liquidity for certified collectibles will
vary according to general market conditions and the particular lot involved. For some lots there
may be no active market at all at certain points in time.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 1-21-11
Additional Terms & Conditions:
COMICS & COMIC ART AUCTIONS
COMICS & COMIC ART TERM A: Signature® Auctions are not on approval. No certified material may
be returned because of possible differences of opinion with respect to the grade offered by any thirdparty
organization, dealer, or service. No guarantee of grade is offered for uncertified Property sold
and subsequently submitted to a third-party grading service. There are absolutely no exceptions to
this policy. Under extremely limited circumstances, (e.g. gross cataloging error) a purchaser, who
did not bid from the floor, may request Auctioneer to evaluate voiding a sale; such request must be
made in writing detailing the alleged gross error, and submission of the lot to the Auctioneer must
be pre-approved by the Auctioneer. A bidder must notify the appropriate department head (check
the inside front cover of the catalog or our website for a listing of department heads) in writing of
such request within three (3) days of the non-floor bidder’s receipt of the lot. Any lot that is to be
evaluated must be in our offices within 30 days after Auction. Grading does not qualify for this
evaluation process nor do such complaints constitute a basis to challenge the authenticity of a lot.
AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE RETURNED FOR REASONS OTHER THAN
AUTHENTICITY. Lots returned must be housed intact in the original holder. No lots purchased by
floor Bidders may be returned (including those Bidders acting as agents for others). Late remittance
for purchases may be considered just cause to revoke all return privileges.
COMICS & COMIC ART TERM B: Auctions conducted solely on the Internet have a THREE (3) DAY
RETURN POLICY: Lots paid for within seven days of the Auction closing are sold with a three (3)
day return privilege. You may return lots under the following conditions: Within three days of
receipt of the lot, you must first notify Auctioneer by contacting Client Service by phone (1-800-
872-6467) or e-mail (Bid@HA.com), and immediately mail the lot(s) fully insured to the attention
of Returns, Heritage, 3500 Maple Avenue, 17th Floor, Dallas TX 75219-3941. Lots must be housed
intact in their original holder and condition. You are responsible for the insured, safe delivery of
any lots. A non-negotiable return fee of 5% of the purchase price ($10 per lot minimum) will be
deducted from the refund for each returned lot or billed directly. Postage and handling fees are not
refunded. After the three-day period (from receipt), no items may be returned for any reason. Late
remittance for purchases revokes all Return-Restock privileges.
COMICS & COMIC ART TERM C: Bidders who have inspected the lots prior to the auction will not be
granted any return privileges.
COMICS & COMIC ART TERM D: Comic books sold referencing a third-party grading service are
sold “as is” without any express or implied warranty. Certain warranties may be available from
the grading services and the Bidder is referred to them for further details: Comics Guaranty
Corporation (CGC), P.O. Box 4738, Sarasota, FL 34230.
COMICS & COMIC ART TERM E: Bidders who intend to challenge authenticity or provenance of a
lot must notify Auctioneer in writing within thirty (30) days of the Auction’s conclusion. In the
event Auctioneer cannot deliver the lot or subsequently it is established that the lot lacks title,
provenance, authenticity, or other transfer or condition issue is claimed, Auctioneer’s liability shall
be limited to rescission of sale and refund of purchase price; in no case shall Auctioneer’s maximum
liability exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the
lot. After one year has elapsed, Auctioneer’s maximum liability shall be limited to any commissions
and fees Auctioneer earned on that lot.
COMICS & COMIC ART TERM F: All comics are guaranteed genuine, but are not guaranteed as to
grade, since grading is a matter of opinion, an art and not a science, and therefore the opinion
rendered by the Auctioneer or any third party grading service may not agree with the opinion of
others (including trained experts), and the same expert may not grade the same item with the same
grade at two different times.
COMICS & COMIC ART TERM G: Since we cannot examine encapsulated comics, they are sold “as
is” without our grading opinion, and may not be returned for any reason. Auctioneer shall not be
liable for any patent or latent defect or controversy pertaining to or arising from any encapsulated
collectible. In any such instance, purchaser’s remedy, if any, shall be solely against the service
certifying the collectible.
COMICS & COMIC ART TERM H: Due to changing grading standards over time, differing
interpretations, and to possible mishandling of items by subsequent owners, Auctioneer reserves
the right to grade items differently than shown on certificates from any grading service that
accompany the items. Auctioneer also reserves the right to grade items differently than the grades
shown in the prior catalog should such items be reconsigned to any future auction.
COMICS & COMIC ART TERM I: Although consensus grading is employed by most grading services, it
should be noted as aforesaid that grading is not an exact science. In fact, it is entirely possible that if
a lot is broken out of a plastic holder and resubmitted to another grading service or even to the same
service, the lot could come back with a different grade assigned.
COMICS & COMIC ART TERM J: Certification does not guarantee protection against the normal risks
associated with potentially volatile markets. The degree of liquidity for certified collectibles will
vary according to general market conditions and the particular lot involved. For some lots there
may be no active market at all at certain points in time.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 8-30-10
Additional Terms & Conditions:
JEWELRY & WATCH AUCTIONS
JEWELRY & WATCH TERM A: JEWELRY: As most jewelry sold at auction has been worn, and may
have been previously repaired, altered, or embellished, ALL LOTS are sold AS IS. Such wear, repairs
or changes may display varying levels of evidence, so it is the responsibility of each prospective
bidder to fully inspect each lot before bidding and rely upon their own judgment prior to placing
a bid. Bidder acknowledges that the absence of any reference to their condition does not imply the
absence of wear, repairs, or defects.
JEWELRY & WATCH TERM B: WATCHES: As most watches sold at auction have been worn, and may
have been previously repaired, altered, or embellished, ALL LOTS are sold AS IS. Such wear, repairs
or changes may display varying levels of evidence, so it is the responsibility of each prospective
bidder to fully inspect each lot before bidding and rely upon their own judgment prior to placing
a bid. Bidder acknowledges that the absence of any reference to their condition does not imply the
absence of wear, repairs, or defects.
JEWELRY & WATCH TERM C: All descriptions and statements in this catalog and subsequent invoices
regarding measurement, authorship, source or origin, or other aspects are qualified opines and
do not constitute a warranty or representation, and are provided for identification purposes only.
Auctioneer warrants only such authorship, period or culture of each lot is as set out in the BOLD
faced type heading in the catalog description of the lot, with the following exclusions: this warranty
does not apply to any catalog description where it was specifically mentioned that there is a conflict
of specialist opinion on the authorship of a lot; or authorship which on the date of Auction was
in accordance with the then generally accepted opinion of scholars and specialists, despite the
subsequent discovery of new information, whether historical or physical, concerning the artist or
craftsman, his students, school, workshop or followers; or opines which may be proven inaccurate
by means of scientific processes not generally accepted for use or which were unreasonably
expensive or impractical to use at the time of publication of the catalog. Such limited warranty as
to authorship is provided for a period of one (1) year from the date of the auction and is only for
the benefit of the original purchaser of record and is not transferable, and any claim regarding a
bold-faced provision must be accompanied by two written letters by independent and authorized
appraisers in support of the claim. It is specifically understood that any refund agreed to by the
Auctioneer would be limited to the purchase price.
JEWELRY & WATCH TERM D: The Auction is not on approval. Under extremely limited
circumstances not including authenticity (e.g. gross cataloging error), a purchaser who did not
bid from the floor may request Auctioneer to evaluate voiding a sale; such request must be made
in writing detailing the alleged gross error, and submission of the lot to Auctioneer must be
pre-approved by Auctioneer. A bidder must notify the appropriate department head (check the
inside front cover of the catalog or our website for a listing of department heads) in writing of the
purchaser’s request within three (3) days of the non-floor bidder’s receipt of the lot. Any lot that is to
be evaluated for return must be received in our offices within 30 days after Auction. AFTER THAT
30 DAY PERIOD, NO LOT MAY BE RETURNED FOR ANY REASONS. Lots returned must be in the
same condition as when sold and must include any Certificate of Authenticity. No lots purchased by
floor bidders may be returned (including those bidders acting as agents for others). Late remittance
for purchases may be considered just cause to revoke all return privileges.
JEWELRY & WATCH TERM E: Pre-auction estimates of value or “bidding estimates” are opines
provided solely as a convenience to clients, and should only be used as approximations of current
market value. Estimates do not include Buyer’s Premiums or sales tax.
JEWELRY & WATCH TERM F: In the event Auctioneer cannot deliver the lot or subsequently it is
established that the lot lacks title or the bold faced section of description is incorrect, or other
transfer or condition issue is claimed, Auctioneer’s liability shall be limited to rescission of sale and
refund of purchase price; in no case shall Auctioneer’s maximum liability exceed the high bid on
that lot, which bid shall be deemed for all purposes the value of the lot. After one year has elapsed,
Auctioneer’s maximum liability shall be limited to any commissions and fees Auctioneer earned
on that lot.
JEWELRY & WATCH TERM G: Provenance and authenticity are not guaranteed by the consignor
or the Auctioneer. While every effort is made to determine provenance and authenticity, it is the
responsibility of the Bidder to arrive at their own conclusion prior to bidding. Provenance or other
information regarding history of ownership may be provided if known, or may be excluded at the
request of the consignor.
JEWELRY & WATCH TERM H: On the fall of Auctioneer’s hammer, Buyers assume full risk and
responsibility for lot, including shipment by common carrier or third-party shipper, and must
provide their own insurance coverage for shipments.
JEWELRY & WATCH TERM I: Watches in waterproof and water-resistant cases have been opened
to identify type and condition. Auctioneer cannot guarantee that the watches are waterproof
or water-resistant at the time of purchase. Buyers are advised to have the watches checked by a
competent watchmaker with respect to such attributes.
JEWELRY & WATCH TERM J: All dimensions in catalog descriptions are approximate.
JEWELRY & WATCH TERM K: Condition reports are provided as a service to clients. Buyers should
note that descriptions of property are not warranties and that watches may need general service,
change of battery or further repair work for which the buyer is solely responsible.
JEWELRY & WATCH TERM L: Watch bands made from protected species (i.e. alligator, crocodile) and
items made of ivory and tortoise may be subject to restrictions in certain countries.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 8-30-10
Additional Terms & Conditions
WINE AUCTIONS
Wine Auction Term A: Bidder’s Age: You must be at least 21 years of age to participate in our
auctions.
Wine Auction Term B: Descriptions: While Auctioneer has attempted to describe all property
as accurately as possible, such description is based upon a physical inspection and observation.
Auctioneer does not warrant or represent, and denies responsibility for the accuracy of the
descriptions, encompassing but not limited to, vintage, provenance, authenticity, quality and
condition as may be stated on the site. Any and all statements made relating to the property
offered on the site are merely statement of opinion and at no time can be construed as warranties
and representations of fact or assumptions of any liability on the part of Auctioneer. Auctioneer
reserves the right to amend the description of any lot by means of an announcement either oral or
electronic. And may withdraw any lot.
Wine Auction Term C: Lots sold “AS IS” “WHEREAS”: Buyer accepts all purchases “AS IS” and
“WHEREAS”, notwithstanding any other terms of the Conditions of Sale.
Wine Auction Term D: Notice: The wine industry estimates a seven percent (7%) age of all wine
sealed with natural corks are ruined because of a natural fungus in corkwood that produces the
chemical compound trichloroanisole. In almost all cases of “corked” wine, the aroma of the wine is
reduced significantly, and a heavily tainted wine is completely undrinkable. Since all of our wine is
consigned, and much of it very rare, we cannot replace wines that have been ruined because of cork
taint. We do not accept returns of corked wine nor do we refund for corked wine.
Wine Auction Term E: Shipping: All items will be available to the Buyer for pickup up or
shipment upon Buyer’s payment of the purchase price and prepaid shipping charges. All lots
are delivered by Buyer’s preferred method of shipping or by Auctioneer’s selection if no Buyer
preference is indicated. Buyer shall assume full responsibility for shipping expenses. This includes
shipping costs, packing and handling. Buyer need to be aware that many states impose restrictions
on the quantity of alcoholic beverages purchased or brought into its jurisdiction from another
state. Special permits may be required; Auctioneer takes no responsibility for any shipment to any
state outside of California nor any confiscation of a shipment to any state.
Wine Auction Term F: Risk of Loss: The sale of the wine between Auctioneer and Buyer
takes place at Auctioneer’s California facility. Risk of Loss passed to Buyer upon Auctioneer’s
determination of the winning bid. Auctioneer will not reimburse Buyers for lost or damaged
shipments. Auctioneer will take precautions to package the wine according to industry standards
to minimize the possibility of damage. Auctioneer does not cover any loss or damage due to
exposure to temperature variations, shipping delays or defect in or failure of any cork or other
bottle closure.
Wine Auction Term G: Shipment outside of California: The primary means of distribution will
be common carrier. All wines are to be sold in California by Seller and title passes to Buyer in
California. Auctioneer makes no representation as to the rights of anyone to import wine into any
state that restricts the personal importation of wine, the wine will be held at Auctioneer’s facility
on behalf of Buyer until Buyer makes arrangements to ship the lot to an address in a state that
permits such shipments or receives Buyer’s other written instructions.
Storage Charges : Wines not picked up within one (1) months of the auction will accrue charges
of $10.00 per case or partial case per month. Charges will be applied on the first day of the
subsequent month and each month thereafter. Wines will not be released or shipped to customers
until storage fees are paid.
Wine Auction Term H: Weather: When the weather is too hot or too cold to safely ship wines,
Auctioneer will temporarily store Buyers’ wines at no charge.
Wine Auction Term I. Change in Condition: Though every effort is made to describe or measure
the levels of older vintages, corks more than twenty (20) years old begin to lose their elasticity
and levels can change between cataloging and sale. Old corks occasionally fail during or after
shipment. Buyers must understand that there is always a risk of cork failure with old wines. Under
no circumstances can an adjustment of price or credit be made after delivery.
Wine Auction Term J: License: Heritage Collectibles, Inc. licensed in the State of California and
holds Type 17 and 20 licenses No 5000295.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 1-25-11
Additional Terms & Conditions:
STAMPS & PHILATELIC ITEMS
STAMPS & PHILATELIC ITEMS TERM A: Signature® Auctions are not on approval. No certified
material may be returned because of possible differences of opinion with respect to the grade
offered by any third-party organization, dealer, or service. No guarantee of grade is offered for
ungraded Property sold and subsequently submitted to a third-party grading service. There
are absolutely no exceptions to this policy. Under extremely limited circumstances, (e.g. gross
cataloging error) a purchaser, who did not bid from the floor, may request Auctioneer to evaluate
voiding a sale: such request must be made in writing detailing the alleged gross error; submission
of the lot to the Auctioneer must be pre-approved by the Auctioneer; and bidder must notify Jessica
Bennett (1-800-872-6467 Ext. 1156) in writing of such request within three (3) days of the non-floor
bidder’s receipt of the lot. Any lot that is to be evaluated must be in our offices within 30 days after
Auction. Grading does not qualify for this evaluation process nor do such complaints constitute
a basis to challenge the authenticity of a lot. Lots returned must be housed intact in their original
holder. No lots purchased by floor Bidders may be returned (including those acting through
agents). Late remittance for purchases may be considered just cause to revoke all return privileges.
STAMPS & PHILATELIC ITEMS TERM B: Auctions conducted solely on the Internet THREE (3)
DAY RETURN POLICY: Certified Stamps, and Certified and Uncertified Philatelic Items paid for
within seven days of the weekly or monthly Internet Auction closing are sold with a three (3) day
return privilege. You may return lots under the following conditions: Within three days of receipt
of the lot, you must first notify Auctioneer by contacting Client Service by phone (1-800-872-6467)
or e-mail (Bid@HA.com), and immediately ship the lot(s) fully insured to the attention of Returns,
Heritage, 3500 Maple Avenue, 17th Floor, Dallas TX 75219-3941. Lots must be housed intact in
their original holder and condition. You are responsible for the insured, safe delivery of any lots. A
non-negotiable return fee of 5% of the purchase price ($10 per lot minimum) will be deducted from
the refund for each returned lot or billed directly. Postage and handling fees are not refunded. After
the three-day period (from receipt), no items may be returned for any reason. Late remittance for
purchases revokes these Return privileges.
STAMPS & PHILATELIC ITEMS TERM C: Multiple stamp / item lots, including sets, collections, large
lots, and small group lots, whether certified or not, are not sold on approval, and are sold “As Is”
Without Warranty. There are absolutely no exceptions to this policy.
STAMPS & PHILATELIC ITEMS TERM D: Stamps and Philatelic Items sold referencing a thirdparty
certification or grading service are sold “As Is” Without Warranty. Bidder shall solely
rely upon warranties of the authentication provider issuing the Certificate or opinion. Grading,
condition or other attributes of any lot may have a material effect on its value, and the opinion of
others, including third-party grading services such as PSE, PF, and APEX may differ with that of
Auctioneer. Auctioneer shall not be bound by any prior or subsequent opinion, determination, or
certification by any grading service. Bidder specifically waives any claim to right of return of any
item because of the opinion, determination, or certification, or lack thereof, by any grading service.
Certain warranties may be available from the grading services and the Bidder is referred to them
for further details: Professional Stamp Experts (PSE), P.O. Box 6170, Newport Beach, CA 92658;
Philatelic Foundation (PF), 70 West 40th St., 15th Floor, New York, NY 10018; American Philatelic
Expertising Service (APEX), 100 Match Factory Place, Bellefonte, PA 16823; or, for other services,
as otherwise noted on the Certificate. Third party graded stamps are not returnable for any reason
whatsoever. Auctioneer shall not be liable for any patent or latent defect or controversy pertaining
to or arising from any encapsulated collectible. In any such instance, purchaser’s remedy, if any,
shall be solely against the service certifying the collectible.
STAMPS & PHILATELIC ITEMS TERM E: In the event Auctioneer cannot deliver the lot or
subsequently it is established that the lot lacks title, or other transfer or condition issue is claimed,
Auctioneer’s liability shall be limited to rescission of sale and refund of purchase price; in no case
shall Auctioneer’s maximum liability exceed the high bid on that lot, which bid shall be deemed
for all purposes the value of the lot. After one year has elapsed from the close of the Auction,
Auctioneer’s maximum liability shall be limited to any commissions and fees Auctioneer earned
on that lot.
STAMPS & PHILATELIC ITEMS TERM F: Grading is a matter of opinion, an art and not a science,
and therefore the opinion rendered by the Auctioneer or any third party grading service may not
agree with the opinion of others (including trained experts), and the same expert may not grade the
same item with the same grade at two different times. Although consensus grading is employed by
most grading services, it should be noted as aforesaid that grading is not an exact science. In fact, it
is entirely possible that if a lot is broken out of a plastic holder and resubmitted to another grading
service or even to the same service, the lot could come back with a different grade assigned.
STAMPS & PHILATELIC ITEMS TERM G: Auctioneer does not warrant provenance of a stamp
or philatelic item; it is the responsibility of the Bidder to arrive at their own conclusion prior to
bidding.
STAMPS & PHILATELIC ITEMS TERM H: Due to changing grading standards over time, differing
interpretations, and to possible mishandling of items by subsequent owners, Auctioneer reserves
the right to grade items differently than shown on certificates from any grading service that
accompany the items. Auctioneer also reserves the right to grade items differently than the grades
shown in the prior catalog should such items be reconsigned to any future auction.
STAMPS & PHILATELIC ITEMS TERM I: Certification does not guarantee protection against the
normal risks associated with potentially volatile markets. The degree of liquidity for certified and
graded stamps and collectibles will vary according to general market conditions and the particular
lot involved. For some lots there may be no active market at all at certain points in time.
STAMPS & PHILATELIC ITEMS TERM J: Storage of purchased stamps and philatelic items:
Purchasers are advised that certain types of plastic may react with a stamp’s ink(s), gum and/or
paper or transfer plasticizer to stamps and may cause damage. Caution should be used to avoid
storage in materials that are not inert.
STAMPS & PHILATELICS TERM K: Extension Policy:
a. The successful bidder may request the Auctioneer to have a Property or Properties authenticated by
an expertizing service set forth in Auctioneer’s preapproved expertizing committees. The extension
shall be governed by this section.
b. As a condition precedent to the request to place a Property on extension the successful bidder must
either deposit the purchase price of the Property with Auctioneer or have a preapproved credit limit
covering at least the amount of the successful bid.
c. Properties auctioned at a Signature Auction that do not have certificates or have certificates dated
more than five (5) years prior to the auction are eligible for expertizing.
d. The successful bidder may submit a lot for authentication to an expertizing service accepted by
Heritage.
e. The successful bidder’s election to submit a Property for expertizing must be made in writing and
such writing must be received by Heritage in writing within 30 days of last day of the auction along
with a photocopy of the application to the expertizing committee.
f. The Successful bidder shall notify Auctioneer immediately that a submitted Property has cleared,
failed, or had a no opinion certificate issued by the appointed expertizing committee and thereafter
immediately pay for Property or approve the release of the Property’s deposit if applicable.
g. The failure of the expertizing service to render an opinion is not grounds for return of the Property
and the successful bidder shall have their deposit transferred to auctioneer or if credit had been
extended pay for the Property immediately.
h. No Property sent to an expertizing committee in the United States may be eligible for a refund or
cancellation of its invoice after 120 days following the last day of the sale. Properties sent to an
overseas expertizing committee may not be returned after 180 days following the last day of the
sale. If the expertizing committee either domestically or overseas fails to issue an opinion in the
foregoing time periods, the successful bidder is responsible to immediately pay for the Property.
i. The Property must be returned to the Auctioneer in the same condition as when delivered to
the successful bidder. The Successful Bidder until a Property is returned shall assume all risk
of loss and damage to the Property. In the event of loss or damage the successful bidder shall be
responsible for the amount of his successful bid and costs of collection.
j. In the event of an unfavorable opinion, Heritage will refund the cost of the lot (if the successful
bidder has made a deposit or if on credit cancel the invoice), plus the expertizing fees up to $650.00.
k. On Properties subject to this section, the successful bidder waives any and all other claims
pertaining to the auction, the Property or otherwise except as expressly stated herein.
For wiring instructions call the Credit department at 1-800-872-6467
or e-mail: CreditDept@HA.com
Rev. 8-30-10
New York State Auctions Only
These Terms and Conditions of Sale are designed to conform to the applicable sections of the
New York City Department of Consumer Affairs Rules and Regulations as Amended. This
sale is a Public Auction Sale conducted by Heritage Auction Galleries, Inc. #41513036. The
New York City licensed auctioneers are: Sam Foose, #095260; Kathleen Guzman, #0762165;
Nicholas Dawes, #1304724; Ed Beardsley, #1183220; Scott Peterson, #1306933; Andrea Voss,
#1320558, who will conduct the Sale on behalf of Heritage Numismatic Auctions, Inc. (for
Coins and Currency) and Heritage Auction Galleries Inc. (for other items). All lots are
subject to: the consignor’s rights to bid thereon in accord with these Terms and Conditions
of Auction, consignor’s option to receive advances on their consignments, and Auctioneer,
in its sole discretion, may offer limited extended financing to registered bidders, in accord
with Auctioneer’s internal credit standards. A registered bidder may inquire whether a lot is
subject to an advance or a reserve. Auctioneer has made advances to various consignors in
this sale. On lots bearing an estimate, the term refers to a value range placed on an item by the
Auctioneer in its sole opinion but the final price is determined by the bidders.
Rev 6-20-11