Guarantee

We guarantee the authenticity of authorship and medium on the terms and conditions set forth below.

Definition of authorship – “Authorship” means the identity of the creator, the period, culture, source of origin of the property, as the case may be, as set forth in the line entitled “Artist.”

Definition of Medium – “Medium” means the type of art (including but not limited to all forms of printmaking, i.e. lithography, intaglio, woodcut/block, linocut, etc.; all forms of photography; all forms of drawings, paintings, and sculpture) and attribution to the artist, if known, who executed the specified medium if different from the person identified in the line entitled “Artist”, as the case may be, as set forth in the line entitled “Medium.”

Guarantee Coverage – If within the lifetime of the purchaser of record of any lot or purchase, the original lot purchaser of record tenders to us a purchased lot in the same condition as when sold through us; and it is established that the identification of authorship and medium (as defined above) of such lot set forth by the information provided on the verso is not substantially correct based on a fair reading of the information provided verso including the terms of our standard glossary, the sale of such lot will be rescinded and the original purchase price refunded.

Non-Assignability – It is specifically understood that the benefits of the guarantee are not assignable and shall be applicable only to the original purchaser of the lot from us and not to the subsequent owners or others who have acquired an interest therein.

Sole Remedy – It is further specifically understood that the remedy set forth herein, namely the rescission of sale and refund of original purchase price paid for the lot, is exclusive and in lieu of any other remedy which otherwise might be available as a matter of law.

Exclusions – The guarantee covers on the correctness of the description of authorship and medium (as defined in paragraph 1 +2 of the terms of the guarantee) as identified verso in the lines entitled “Artist” and “Medium”; but does not extend to titles or other identification of offered lots or descriptions of physical condition or size, quality, rarity, importance, provenance, exhibitions and literature of historical relevance, which information appears verso. Although our best judgement is used in descriptions and due care is taken to insure the correctness of the supplemental material which appears exclusive from the lines “Artist” and “Medium” Guarantee does not extend to any possible errors or omissions therein. Any representation of value represents our opinion of fair market value assuming normal gallery circumstances. That is the level at which a willing seller (typically a gallery) will sell to a willing buyer with neither being under a compulsion to sell or buy. We do not rely on any auction prices to arrive at any value stated or presented to purchaser. We specifically exclude all auction prices in the value process.