Fine Antique Decorative & Collectible Oriental Rugs

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LIVE AUCTION: Monday, December 17, 2018, 11AM ET Exhibition: December 14-16, 11AM-4PM

material culture 4700 Wissahickon Avenue | Philadelphia, PA 19144 | 215-438-4700

materialculture.com

Lot 61. Open Blue Field Bakshaish Rug, Persia, circa 1880

Fine Antique Decorative & Collectible Oriental Rugs


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Fine Antique Decorative & Collectible Oriental Rugs LIVE AUCTION: Monday, December 17, 2018, 11AM ET Exhibition: December 14-16, 11AM-4PM

Browse the Auction Catalog and Bid Live on these Portals:

Absentee Bid Form | Telephone Bid Form | Terms and Conditions (PDF)

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Fine Antique Decorative & Collectible Oriental Rugs LIVE AUCTION: Monday, December 17, 2018, 11AM ET

1. Two Lakai Embroideries, Uzbekistan, late 19th C. Silk on cotton. Ranging in Size from: 28’’ x 19’’ (71 x 48 cm); to 37’’ x 5’’ (94 x 13 cm). $1000-1500

2. 19th C. Tashkent Suzani, Uzbekistan, silk embroidery on cotton ground. Size: 84’’ x 43’’ (213 x 109 cm). $1000-1500

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3. Tibetan Khaden Rug; 3 Coin Design on Blue ground, circa 1900. 2’8’’ x 5’0’’ (81 x 152 cm). $400-600

6. Tibetan Shigatse Single Square Meditation Rug, circa 1900, 2’1’’ x 2’3’’ (64 x 69 cm). $200-400

4. Tibetan Khaden Rug, 3 Coin Design on Blue 5. Shigatse Double Meditation Rug, Ground with Cloudbands, circa 1900, South Tibet, circa 1900, 2’9’’ x 4’8’’ (84 x 142 cm). $400-600 2’3’’ x 5’2’’ (69 x 157 cm). $400-600

7. Three Antique Tibetan Rugs, all with blue ground, one with coin design, one with auspicious symbolsof Tibetan Buddhism and one with flower motif. Largest: 2’0’’ x 3’7’’ (61 x 109 cm). $400-600

8. Two Antique Tibetan Rugs, both with orange ground, one with floral motif and the other with Buddha, deer and phoenix imagery. 2’0’’ x 3’3’’ (61 x 99 cm). $200-400

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9. Bidjar Sampler/Wagireh, Persia, late 19th c., 3’11’’ x 4’7’’ (119 x 140 cm). $800-1200

10. Bakhtiari Sampler/Wagireh, Persia, circa 1913, with inscription in upper right corner, 4’0’’ x 4’0’’ (122 x 122 cm). $800-1200 6


11. Bidjar Sampler/Wagireh, Persia, circa 1900, 4’6’’ x 7’4’’ (137 x 224 cm). $1000-1500 7


12. Bidjar Rug, Persia. circa 1890, 5’2’’ x 9’11’’ (157 x 302 cm). $2000-2500 8


13. Sarouk Ferahan Rug, Persia, circa 1900, 4’ x 7’ (122 x 213 cm). Center City Philadelphia estate. $2000-2500 9


14. Kashan Pictorial Rug, Persia, circa 1900. Excellent condition. Size: 4’4’’ x 6’2’’ (132 x 188 cm). $3000-4000

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15. Fine Isfahan Pictorial Rug, Persia, late 19th c. Depicting two royal gatherings. Upper section: the court of Shah Abbas (1571–1629) filled with attendants and dancers. Lower section: a similar scene inthe court of Hoshang Shah (Alp Khan) (1406-35), the first formally appointed Islamic king of the Malwa region of Central India. Inscription at the top of the upper section credits Master Weaver Morteza. Size: 4’9’’ x 7’2’’ (145 x 218 cm). Very good condition, a small bit of pile loss in the lower left corner. $6000-8000 11


16. Lavar Kerman Pictorial Rug, Persia, late 19th c, of Khosrow and Shirin, figures in the tragic romance by the poet Nizami Ganjavi (1141–1209), who also wrote Layla and Majnun. It tells a highly elaborated fictional version of the story of the love of the Sasanian king Khosrow II for the Armenian princess Shirin, who becomes queen of Persia. Size: 4’7’’ x 6’8’’ (140 x 203 cm). $5000-7000 12


17. Lavar Kerman Pictorial Rug, Persia, late 19th c, of Layla and Majnoun, figures in the narrative poem composed in 584/1188 by the Persian poet Ni ami Ganjavi based on a semi-historical Arab story about the 7th century Bedouin poet Qays ibn Al-Mulawwah and his lover Layla bint Mahdi (or Layla al- Aamiriya). Size: 4’4’’ x 6’3’’ (132 x 191 cm). $6000-8000

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18. Lavar Kerman Pictorial Rug, Persia, late 19th c. Depicting the Court of the Jewish Queen Esther and Persian King Ahasuerus. Size: 4’1’’ x 6’1’’ (124 x 185 cm). $4000-6000


19. Lavar Kerman Pictorial Rug, Persia, mid 19th C. Size: 4’3’’ x 6’7’’ (130 x 201 cm). $3000-5000 15


20. Lavar Kerman Persepolis Pictorial Rug, Mid 19th C. Size: 4’4’’ x 6’11’’ (132 x 211 cm). $800-1200 16


21. Fine Pictorial Peking Rug, China, circa 1900, 10’3’’ x 14’2’’ (312 x 432 cm). $5000-7000 17


22. Khotan Saf Rug, East Turkestan, circa 1800, 3’3’’ x 11’4’’ (99 x 345 cm). $10,000-15,000

23. Khotan Saf Rug, East Turkestan, circa 1800, 3’3’’ x 10’4’’ (99 x 315 cm). $5000-10,000

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24. Khotan Rug, East Turkestan, first half 19th century, 4’2’’ x 6’8’’ (127 x 203 cm). Provenance: ex. Murray Eiland collection. $400-800

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25. Lavar Kerman Rug, Persia, circa 1890, 15’2’’ x 18’10’’ (462 x 574 cm). Inscription at top center. Provenance: New York estate, ex: Beauvais Carpets, New York. $6000-8000 20


26. Kerman Rug, commissioned by OCM, Persia, circa 1915, 10’8’’ x 14’6’’ (325 x 442 cm). Provenance: New York estate, ex: Beauvais Carpets, New York. Note: The Oriental Carpet Manufacturers (OCM) was a London-based company involved in the production of, and trade with, Oriental carpets. $4000-6000 21


27. Ziegler Sultanabad Rug, Persia, circa 1890, 4’7’’ x 6’4’’ (140 x 193 cm). $2500-3500 22


28. Bakshaish Rug, Persia, circa 1890, 7’9’’ x 12’1’’ (236 x 368 cm). $5000-7000 23


29. Serapi Rug, Persia, late 19th c., 11’5’’ x 13’7’’ (348 x 414 cm). $10,000-15,000 24


30. Northwest Persian Gallery Carpet, late 19th c., 7’1’’ x 16’1’’ (216 x 490 cm). Center City Philadelphia estate. $2000-2500 25


31. Bergama Rug, Northwest Anatolia, circa 1870, 5’0’’ x 6’8’’ (152 x 203 cm). $2000-3000 26


32. Bergama Rug, Northwest Anatolia, mid 19th c., 5’9’’ x 6’3’’ (175 x 191 cm). $3000-5000 27


33. East Anatolian Kurd Yuruk Rug, circa 1880, 3’4’’ x 5’6’’ (102 x 168 cm). $3000-3500 28


34. Cal Yatak Rug, Northwest Anatolia, mid 19th c., 5’11’’ x 6’0’’ (180 x 183 cm). $8000 -10,000 29


35. 18th C. Cappadocia Long Rug, Central Anatolia, 4’1’’ x 10’2’’ (124 x 310 cm). $6000-8000 30


36. 18th C. Sivas Rug, Northeast Anatolia, 5’5’’ x 7’2’’ (165 x 218 cm). $6000-8000 31


37. East Anatolian Kurd Rug, late 19th c., 4’1’’ x 7’4’’ (124 x 224 cm). $1000-1500 32


38. Kazak Rug, Caucasus, late 19th c., 4’7’’ x 8’0’’ (140 x 244 cm). $2000-3000 33


39. Cloudband Kazak Rug, Caucasus, circa 1880, 4’2’’ x 6’8’’ (127 x 203 cm). $2500-3500 34


40. Kazak Rug, Caucasus, circa 1870, 3’9’’ x 7’1’’ (114 x 216 cm). $3000-4000 35


41. Kuba Rug, Caucasus, mid 19th c., 3’3’’ x 5’4’’ (99 x 163 cm). Three inscribed cartouche panels, two at the top of the central field and another in the upper right corner of the main border. $8000-12000 36


42. Shirvan Rug, Caucasus, circa 1870, 4’1’’ x 8’6’’ (124 x 259 cm). Philadelphia estate. $500-800 37


43. Northwest Persian Rug, late 19th c, 4’7’’ x 6’3’’ (140 x 191 cm). $500-1000 38


44. Fine Ferahan Sarouk Rug, Persia, circa 1900, 12’7’’ x 18’4’’ (384 x 559 cm). $20,000-30,000 39


45. Fine Teheran Rug, Persia, late 19th c., 6’10’’ x 9’7’’ (208 x 292 cm). $15,000-20,000 40


Front View

Reverse View

46. A Rare 17th C. Moghul Silk Velvet Rug, India. Size: 4’2” x 7’ (127 x 213 cm). $2000-4000 41


47. Silk Heriz Rug, Persia, circa 1880, 4’6” x 5’9” (137 x 195 cm). $8000-12,000

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48. A fine and stunningly attractive early Zareh Penyamin Kum Kapi silk and gold brocade prayer rug, Northwest Anatolia, circa 1905, with the calligraphic signature mark of Zareh Penyamin. Ex. Mishioff collection, Zurich. Size: 4’3” x 6’2” (130 x 186 cm). $80,000-100,000 43


49. A Fine Silk Keshan Prayer Rug, Persia, circa 1900, Size: 4’1” x 6’7” (125 x 200 cm). $10,000-14,000 44


50. A Fine Kumkapi Silk Rug, Northwest Anatolia, early 20th c. Size: 4’3” x 6’ (130 x 183 cm). $15,000-25,000 45


51. Art Deco Rug, Early 20th C, China: 9’11’’ x 13’5’’ (302 x 409 cm). Florida estate. $1000-1500 46


52. Art Deco Rug, Early 20th C, China: 9’9’’ x 11’5’’ (297 x 348 cm). $1000-1500 47


53. Art Deco Rug, Early 20th C, China: 9’10’’ x 13’6’’ (300 x 411 cm). $1000-1500 48


54. Art Deco Rug, Early 20th C, China: 8’0’’ x 9’6’’ (244 x 290 cm). $1000-1500

55. Art Deco Rug, Early 20th C, China: 7’11’’ x 9’8’’ (241 x 295 cm). $500-1000 49


56. Mid 20th C. Beni Ourain Rug, Morocco, 4’10’’ x 7’4’’ (147 x 224 cm). $500-700

57. Mid 20th C. Beni Ourain Rug, Morocco, 6’ x 10’2’’ (183 x 310 cm). $800-1200 50


58. Tulu Rug, Central Anatolia, late 19th/early 20th c., 3’6’’ x 6’9’’ (107 x 206 cm). Weight: 10 lbs. $1200-1600 51


59. Heriz Rug, Persia, circa 1900, 9’6’’ x 11’2’’ (290 x 340 cm). $4000-6000

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60. Heriz Rug, Persia, circa 1900, 9’5’’ x 11’7’’ (287 x 353 cm). $4000-6000

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61. Open Blue Field Bakshaish Rug, Persia, circa 1880, 9’0’’ x 11’0’’ (274 x 335 cm). $15,000-20,000

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62. Bakshaish Rug, Persia, circa 1890, 9’0’’ x 11’4’’ (274 x 345 cm). $6000-8000

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63. Sultanabad Rug, Persia, circa 1890, 10’9’’ x 18’1’’ (328 x 551 cm). $4000-6000

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64. Oushak Rug, West Anatolia, late 19th c., 16’11’’ x 17’10’’ (516 x 544 cm). $30,000-40,000

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65. Mansion-Size Antique Persian Patchwork Carpet, 14’7’’ x 25’7’’ (445 x 780 cm). A large estate carpet composed of late 19th c. Persian rug fragments skillfully arranged decades ago within the border and field of a Persian Doroksh rug. $1000-2000 58


66. Tabriz Rug, Persia, circa 1900, 13’6’’ x 20’4’’ (411 x 620 cm). Upstate New York estate. $20,000-30,000 59


67. Oushak Rug, West Anatolia, circa 1890, 12’0’’ x 15’8’’ (366 x 478 cm). $10,000-15,000

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68. Sarab Rug, Persia, circa 1890, 3’9’’ x 14’9’’ (114 x 450 cm). Very good condition. $2000-2500

69. Camel Field Sarab Rug, Persia, circa 1890, 3’0’’ x 13’3’’ (91 x 404 cm). Pennsylvania estate. $800-1200 61


70. Oushak Rug, West Anatolia, circa 1890, 12’1’’ x 16’5’’ (368 x 500 cm). $5000-7000 62


71. Sultanabad Rug, Persia, circa 1900: 11’5’’ x 21’3’’ (348 x 648 cm). Provenance: Doris Leslie Blau Collection of Rugs and Tapestries, Sotheby’s, New York, 2002, lot 102. $12,000-16,000 63


72. Malayer Rug, Persia, circa 1900, 8’9’’ x 11’5’’ (267 x 348 cm). $3000-4000 64


73. Agra Rug, India, circa 1880, 11’7’’ x 14’10’’ (353 x 452 cm). $15,000-25,000 65


74. Heriz Rug, Persia, circa 1900, 9’9’’ x 12’9’’ (297 x 389 cm). $1000-2000 66


75. Serapi Rug, Persia, circa 1890, 9’6’’ x 12’10’’ (290 x 391 cm). $5000-7000 67


76. Fine Mansion Size Hadji Jalili Tabriz Rug, Persia, circa 1900, 17’10’’ x 27’9’’ (544 x 846 cm). $30,000-40,000 68


77. Kashan Rug, Persia, circa 1930, 10’5’’ x 13’7’’ (318 x 414 cm). New Jersey estate. $1500-2500 69


78. Large Ziegler Sultanabad Rug, Persia, late 19th c., 11’8’’ x 17’2’’ (356 x 523 cm). $10,000-14,000 70


79. Senneh Rug, Persia, circa 1900, 7’1’’ x 20’1’’ (216 x 612 cm). $4000-6000 71


80. Hadji Jalili Tabriz Rug, Persia, circa 1900, 11’6’’ x 17’6’’ (351 x 533 cm). $15000-20000 72


81. Karabagh Rug, Caucasus, circa 1890, 4’2’’ x 13’4’’ (127 x 406 cm). Florida estate. $1000-1500 73


82. Fine Palace Size Hadji Jalili Tabriz Rug, Persia, 13’4’’ x 19’10’’ (406 x 605 cm). $15,000-25,000 74


83. Bakshaish Rug, Persia, circa 1890, 11’9’’ x 14’4’’ (358 x 437 cm). $10,000-15,000 75


84. Oushak Rug, West Anatolia, circa 1890, 16’10’’ x 19’8’’ (513 x 599 cm). $10,000-15,000 76


85. Oushak Rug, West Anatolia, late 19th c., 12’1’’ x 16’3’’ (368 x 495 cm). Pennsylvania estate. $2000-2500 77


86. Hadji Jalili Tabriz Rug, Persia, circa 1900, 8’2’’ x 12’9’’ (249 x 389 cm). $8000-12,000 78


87. Fine Palace Size Malayer Rug, Persia, 14’3’’ x 23’6’’ (434 x 716 cm). $10,000-14,000 79


88. Serapi Rug, Persia, circa 1890, 11’1’’ x 18’9’’ (338 x 572 cm). $10,000-15,000 80


89. Sultanabad Rug, Persia, circa 1900, 11’2’’ x 16’8’’ (340 x 508 cm). $8000-12,000 81


90. Bakshaish Rug, Persia, circa 1890, 11’4’’ x 13’2’’ (345 x 401 cm). $10,000-14,000 82


91. Oushak Rug, West Anatolia, circa 1900, 9’11’’ x 18’1’’ (302 x 551 cm). $15,000-20,000 83


92. Tabriz Rug, Persia, circa 1900, 12’3’’ x 17’2’’ (373 x 523 cm). $10,000-15,000 84


93. Oushak Rug, West Anatolia, circa 1890, 10’7’’ x 12’8’’ (323 x 386 cm). $4000-6000 85


94. Fine Bakshaish Rug, Persia, circa 1880, 11’5’’ x 17’3’’ (348 x 526 cm). Ex. Philadelphia Main Line estate. $20,000-25,000 86


95. Large Bidjar Rug, Persia, circa 1900, 11’4’’ x 17’8’’ (345 x 538 cm). $3000-4000 87


96. Oushak Rug, West Anatolia, circa 1890: 13’9’’ x 16’6’’ (419 x 503 cm). $10,000-15,000 88


97. Sultanabad Rug, Persia, circa 1900, 13’10’’ x 16’2’’ (422 x 493 cm). $12,000-16,000 89


98. Bakshaish Rug, Persia, late 19th c: 10’1’’ x 14’8’’ (307 x 447 cm). $8000-12,000 90


99. Bidjar Rug, Persia, circa 1900, 11’7’’ x 18’8’’ (353 x 569 cm). $8000-12,000 91


100. Oushak Rug, Turkey, late 19th c, 13’6’’ x 19’2’’ (411 x 584 cm). $15,000-20,000 92


101. Serapi Rug, Persia, circa 1890, 10’7’’ x 17’0’’ (323 x 518 cm). $6000-8000 93


102. Sultanabad Rug, Persia,late 19th c: 13’3’’ x 17’5’’ (404 x 531 cm). $6000-9000 94


103. Sultanabad Rug, Persia, circa 1890, 10’4’’ x 13’8’’ (315 x 417 cm). $7000 -10,000 95


104. Sultanabad Rug, Persia, circa 1900, 10’7’’ x 11’8’’ (323 x 356 cm). $3000-4000 96


105. Ziegler Sultanabad Rug, Persia, circa 1900, 10’0’’ x 14’2’’ (305 x 432 cm). $3000-4000 97


106. Agra Moghul Rug, India, late 19th c., 11’7’’ x 17’5’’ (353 x 531 cm). $8000-12,000 98


107. Palace Size Tabriz Rug, Persia, circa 1910, 14’0’’ x 24’0” (427 x 732 cm). $8000-12,000 99


108. Meshed Rug, Persia, circa 1910, inscription at top center, 8’3’’ x 11’8’’ (251 x 356 cm). $1500-2500

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109. Malayer Rug, Persia, circa 1900, inscription at top center, 3’8’’ x 16’11’’ (112 x 516 cm). $800-1200

110. Palace Size Indo-Persian Rug, circa 1910, 11’10’’ x 23’2’’ (361 x 706 cm). $2000-4000 101


111. Tabriz Rug, Persia, circa 1900, 8’11’’ x 12’7’’ (272 x 384 cm). $1000-1500 102


112. Senneh Gallery Rug, Persia, late 19th c., 7’2’’ x 15’10’’ (218 x 483 cm). Philadelphia estate. $500-1000 103


113. Worn Ziegler Sultanabad Rug, Persia, circa 1890, 8’8’’ x 11’10’’ (264 x 361 cm). $600-900 104


114. Mohtashem Kashan Silk Rug, Persia, late 19th c, 9’11’’ x 16’0’’ (302 x 488 cm). Worn, splits. Florida estate. $500-1000 105


TERMS AND CONDITIONS OF SALE The property offered and sold through New Material Culture, Inc.’s (hereinafter MC) public auctions (hereinafter the Property) shall be offered and sold pursuant to the terms and conditions set forth below (hereinafter the Agreement). This Agreement constitutes the complete statement of the terms and conditions pursuant to which all Property is offered for sale. By bidding at the auction,whether in person, by agent, in writing, by telephone, internet bid or any other means, the buyer of the Property (hereinafter the Buyer) agrees to be bound by this Agreement. PROPERTY SOLD AS IS. All Property is sold as is, where is, with all faults. Neither MC nor any consignor makes any guarantees, warranties or representations, expressed or implied with respect to the Property or the correctness of the catalogue or any other description of the Property. In no event shall MC or the consignor be responsible for the correctness, nor be deemed to have made any representation or warranty, of description, genuineness, authorship, attribution, provenance, period, culture, source, origin or condition of the Property. No statement made at the sale, or in the bill of sale, or invoice or elsewhere shall be deemed such a guarantee, warranty or representation. WITHDRAWAL OF PROPERTY. MC reserves the right to withdraw any Property at any time for any reason and to default any sale in the event of an error or dispute. COPYRIGHT AND REPRODUCTION RIGHTS. MC and its consignors make no warranty or representation, express or implied, that the Buyer will acquire any copyright or reproduction rights to any Property sold. MC expressly reserves the right to reproduce any image of the Property sold in the catalogue. The copyright in all images, illustrations and written material produced by or for MC relating to Property, including the contents of the catalogue, is, and shall remain at all times, the property of MC and shall not be used by the Buyer, nor by anyone else, without MCs prior written consent. EXAMINATION OF PROPERTY. All Property is available for examination prior to bidding. The Buyers bidding signifies that the Buyer has examined the Property as fully as desired or has chosen not to examine the Property. MC recommends that prospective bidders examine all items in which they have an interest prior to bidding. BIDDING. RESERVES . Some of the Property in the sale is offered subject to a reserve. The reserve is a confidential minimum price agreed upon by the consignor and MC below which the lot will not be sold. In most cases, the reserve will be set below the estimated range, but in no case will it exceed the low estimates listed. Bidding will begin at a price appropriate in the auctioneers discretion. The auctioneer always reserves the right to withdraw Property for any reason he deems appropriate. ORDER OF BIDS. Unless otherwise announced by the auctioneer, all bids are per lot as numbered in the catalogue. MC reserves the right to determine any and all matters regarding the order, precedence or appropriate increment of bids or the constitution of lots. ABSENTEE AND PHONE BIDDING. Absentee and phone bidding are permitted by prospective bidders who cannot be present at the auction. Please complete the Absentee Bid and/or Phone Reservation form. Absentee bids are executed competitively and confidentially. All reservations for phone bidding are held in the strictest confidence and must be received by 5 pm EST the day before the auction. No additional phone bids will be accepted at such time including additions when speaking with a staff person on the phone. Written absentee bids may be submitted on the Absentee Bid Form up to 30 lots before the item comes up for auction. Leaving an absentee or phone bid on a lot indicates your willingness to open the bidding at one half the printed estimate, and gives the auctioneer the authority to open the bidding at that level, or to open the bidding on a lot with a printed reserve at the reserve price. In the case of identical absentee bids, the bid received first will prevail. Bids left on internet portals are not executed until the item is offered in the live auction and the order in which they are received is not a factor. CUT BIDS. We do not accept cut bids, (bids less than the last interval) from the floor or from absentee bidders including phone and internet bidders. Thus, it is possible that a lot could go to another bidder for less than an absentee bid. For example, if the bids are progressing in $10 dollar increments and an absentee falls at a $5 increment we will not take the bid since it is less than the $10 increment. Following are general guidelines for bidding increments: $0-$100 by $10 increments $100-$500 by $25 increments $500-$1,000 by $50 increments $1,000 $3,000 by $100 increments $3,000-$5,000 by $250 increments $5,000-$10,000 by $500 increments $10,000-$30,000 by $1,000 increments $30,000-$50,000 by $2,500 increments $50,000-$100,000 by $5,000 increments $100,000-$200,000 by $10,000 increments Above $200,000 auctioneers discretion 106


HIGHEST BIDDER. The highest bidder as determined by the auctioneer shall be the Buyer. In the case of a disputed bid, the auctioneer shall have sole discretion in determining the Buyer and may also, at his or her election, withdraw the Property or reoffer the Property for sale. The auctioneer shall have sole discretion to refuse any bid, or refuse to acknowledge any bidder. At such time as the auctioneer has declared Property sold to a given Buyer, said Buyer thereupon assumes full risk and responsibility for the Property, agrees to sign any requested confirmation of purchase, and agrees to pay the full price, plus Buyers Premium, therefore or such part, upon such terms as MC may require. PAYMENT. Payment is due within 7 business days. Payment must be made by cash, approved check, or wire transfer. We also accept Visa, MasterCard, Discover and Paypal for invoices totaling under $5,000. Credit card transactions will not be accepted for international clients. MC reserves the right to require bank checks for purchases over $5,000. Personal checks will be acceptable only if credit has been established with MC or if a bank authorization has been received guaranteeing a personal check. MC reserves the right to hold Property purchased by personal check until the check has cleared the bank. Buyer agrees to pay MC a handling charge of $25.00 for any check dishonored by the drawee. MC reserves the right to not issue a Buyers number or to withhold merchandise if appropriate credit has not been established. Credit arrangements must be made by the Friday prior to the day of auction so bank statements can be verified. Any bidder that plans on spending in excess of $100,000 should make arrangements with the MC accounting department at least five (5) days in advance of the sale, as a deposit may be required to participate. All Property purchased must be paid for no later than 5 pm EST on the seventh business day following the sale. MC may impose, and the Buyer agrees to pay, a monthly interest charge of 1.5% of the purchase price of any Property not paid by the Buyer within thirty (30) days of the date of sale. MC reserves the right to rescind any sale of Property in the event payment is not received within seven (7) business days of the sale. BUYERS PREMIUM. A 25% buyer’s premium will be added to the hammer price on each lot sold on a house paddle, including telephone and absentee bidding; 27% will be added to lots purchased online. REMOVAL OF PROPERTY. All items must be picked up, or shipping arrangements made, within two weeks of the day of sale. Items not collected or shipped by the 15th day following the sale will incur storage fees at a rate of $5.00 per lot per day regardless of the size or value of the lot. Items not collected by the 30th day following the sale may be sold by MC or sent by MC to a public warehouse at the sole risk of, and charge to, the Buyer and MC may prohibit the Buyer from participating, directly or indirectly, as a bidder or purchaser in any future sale. No Property may be removed from MCs premises until the Buyer has paid in full the purchase price including Buyers premium. MC shall have no liability for any damage to Property left on its premises after the auction. A defaulting Buyer will be deemed to have granted and assigned to MC a continuing security interest of first priority in any Property or money of, or owing to such Buyer in MCs possession, and MC may retain and apply such Property or money as collateral security for the obligations due to MC. MC shall have all of the rights accorded a secured party under the Pennsylvania Uniform Commercial Code. PACKING AND SHIPPING. Buyer agrees that packing and shipping are done at the Buyer’s risk and that Buyer will pay in advance all packing expenses, materials, carrier fees and insurance charges. Shipping is the sole responsibility of the Buyer. Neither MC nor any of its consignors will have liability for any loss or damage to shipped items. Upon request, MC will provide a list of shippers who deliver to destinations within the United States and overseas. TAXES. All purchases are subject to applicable sales tax unless the Buyer possesses an applicable sales tax exemption number. Buyer is responsible for any and all tariffs, taxes and assessments that might be made on the Property. International Buyers are responsible for tariffs, taxes, or assessments of shipped items to the Buyers country. IMPORT/EXPORT RESTRICTIONS. Some property that is sold at auction can be subject to laws governing export from the United States, such as items that include material from some endangered species. Import restrictions from foreign countries are subject to these same governing laws. Granting of licensing for import or export of Property from local authorities is the sole responsibility of the Buyer. Denial or delay of licensing will not constitute cancellation or delay in payment for the total purchase price of said Property. BUYERS BREACH. If the Buyer breaches any of its obligations under this Agreement, including its obligation to pay in full the purchase price of all Property for which it is the highest successful bidder, MC may exercise all of its rights and remedies under the law including, without limitation, (a) canceling the sale and applying any payments made by the Buyer to the damages caused by the Buyers breach, and/or (b) offering at public auction, without reserve, any lot or item for which the Buyer has failed to pay in full the purchase price, holding the Buyer liable for any deficiency plus all costs of sale. GOVERNING LAW. These conditions of sale shall be governed by the laws of the Commonwealth of Pennsylvania (excluding the laws applicable to conflicts or choice of law). The Buyer agrees that any suit for the enforcement of this Agreement may be brought, and any action against MC in connection with the transactions contemplated by this Agreement shall be brought, in the courts of the Commonwealth of Pennsylvania or any federal court sitting therein. The Buyer consents to the nonexclusive jurisdiction of such courts and waives objections that it may now or hereafter have to the venue of any such suit. AMENDMENTS TO TERMS AND CONDITIONS. No claimed modification or amendment of this Agreement on the part of any party shall be deemed extant, enforceable or provable unless it is in writing that has been signed by the parties to this Agreement. No course of dealing and no delay or omission on the part of MC in exercising any right under this Agreement shall operate as a waiver of such right or any other right and waiver on any one or more occasions shall not be construed as a bar to or waiver of any right or remedy of MC on any future occasion. © 2018 Material Culture, All Rights Reserved 107


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Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.