1.1 Agent for the seller Unless otherwise agreed, APPEL AUCTION INC hereafter referred to as Appel Auction House acts as agent for the seller. The contract for sale of the property is therefore made between the Seller and the Buyer.

1.2 Definitions For the purposes of the current Terms and Conditions, the Seller shall be defined as the owner of the Goods. It is implied that the Seller is the legitimate owner and is authorized to sell the Lot. The Bidder is any registered person participating in the auction, and the Buyer is the successful Bidder for a particular Lot. The Lot means the item(s) put up for sale by Appel Auction House and to which the present Terms and Conditions apply.

1.3 Catalogue descriptions any representation in any catalogue or otherwise as to the origin, date, age, attribution, genuineness or estimated selling price of any lot is a statement of opinion only. Such statements do not constitute a representation warranty or assumption of liability by Appel Auction House in relation to the Lot. Any prospective Buyer should satisfy themselves prior to the sale as to the reliability of the catalogue description. The absence of mention related to prior restorations in the Catalogue descriptions does not imply that the good is exempt thereof. Photographs of any Lot provided by Appel Auction House are for indicative purposes only and are not deemed to be a precise representation of the said Lot. The Buyer is advised to seek independent expert advice in order to be assured of the authenticity and true state of the good.

1.4 Inspection Prior to auction, prospective purchasers are strongly advised to personally examine personally any property in which they are interested to satisfy themselves in relation to matters which may concern them.

 1.5 Condition report, Appel Auction House may issue a Condition Report on request prior to the sale. This Condition Report is for identification purposes only and cannot be considered as giving a precise account of the Lot’s true state. Thus, some imperfections and faults may not be accounted for in the Condition Report. As aforementioned, and in the absence of any contractual value of the Condition report, it is the Buyer’s sole duty to inspect in person the Lot in order be assured of its true condition and Appel Auction House

 shall not be responsible for assertions within the Condition Report hereto.

1.6 Electricals, All electrical items are sold as seen and Appel Auction House offers no guarantee as to the working condition of such items or their safety. It is the Buyer’s duty to take necessary steps to be assured that the Lot is safe for normal use.

1.7 Estimates are based on various factors inherent to the situation of the market at the time of the sale, as well as considerations such as the condition, rarity, or quality of the item etc. Estimates are only indicative and represent the opinion of Appel Auction House. Estimates provided by Appel Auction House cannot constitute a guarantee as to the value of the good. Subsequently, goods may sell at prices lower or higher than the provided estimates.

1.8 Reserves, Many Lots are offered subject to a reserve, which is the confidential minimum sale price. The reserve will never exceed the low estimate printed in the catalogue. Appel Auction House may open the bidding on any Lot below the reserve by placing a bid on behalf of the seller and may in their discretion continue to bid up to the reserve price. This can be achieved by bidding in response to other bidders or alternatively by placing consecutive bids.

1.9 Registration to the sale New bidders will need to register prior to the sale. It is strongly advised bidders register at least 24 hours before the sale. Registration thereafter shall be at the auctioneer’s entire discretion. International bidders may be required to register 48 hours before the sale and to submit bank details. A deposit may be requested prior to each sale. Failure to register shall result in the impossibility for the bidder to purchase a Lot.

1.10 Proof of identity Bidders not previously known to Appel Auction House will be required to provide:

Official proof of identity in the form of a passport or photocard driving licence. No other forms of ID are acceptable. • Proof of address of main residence. Only official documents showing name and address will be accepted. • Both landline and mobile telephone numbers • A bank reference for foreign bidders may be requested • Corporate clients will have to provide a certificate of incorporation prior to the auction, along with the representative’s ID in accordance with the abovementioned requirements for proof of identity.

Any Bidder that does not match the provided identity for registration may not purchase during the sale.

DURING THE SALE

2.1 Attendance at auction, Attending the auction in person is recommended. Appel Auction House has the right in their absolute discretion to refuse participation in any auction, to reject any bid, and to refuse admission to the premises. Bidders are not obliged to be present in person at the auction. Absentee bidders shall be required to make necessary arrangements with Appel Auction House prior to the sale.

2.2 Personal bidding, Bidders attending the auction in person shall be required to collect a number plate prior to the sale.

2.3 Commission bids, Appel Auction House will use reasonable efforts to carry out Commission bids received by them prior to the sale for the convenience of clients who are not present at the auction in person. This is a free service provided to help clients and Appel Auction House does not accept liability for any failure to execute a Commission bid or for errors and omissions in connection with it. Commission bids shall be executed at the lowest possible price, subject to competing bids and reserves. Although Appel Auction House will endeavor to inform Buyers, it is the Buyer’s responsibility to check if they have been successful in purchasing a Lot. In the event of multiple commissions at the same price, the commission set at the older date shall be considered.

2.4 Telephone bids, if a bidder is not able to attend in person an auction, Appel Auction House will use reasonable efforts to contact prospective Buyers who decide prior to commencement of the sale to bid by telephone. Appel Auction House cannot be held responsible in the event of issues affecting connectivity, resulting in the loss of a chance of purchasing the Lot for the Bidder.

2.5 Internet bids, some sales may be available to internet bidding, as well as personal attendance. In this event, Appel Auction House shall not be held responsible for issues affecting connection.

2.6 Bidding on behalf of someone, A Buyer may bid by proxy. In this event, proof of identity of both the Buyer and the proxy must be communicated to Appel Auction House prior to the sale. A copy of the mandate shall also be required.

2.7 Bidding on an item, bid incrementing is at the auctioneer’s entire discretion.

2.8 Video transmission, For the purpose of the sale, lots may be displayed on video during the auction. In the event of transmission issues, Appel Auction House shall not be held responsible for any subsequent outcome.

2.9 Online-only auctions, some auctions may be available to bidders only through an online platform. In this event, Buyers have a 7-day period in which to cancel a purchase,

2.10 Dispute resolution during the auction, any dispute shall be settled at the auctioneer’s absolute discretion. Under no circumstances will a sale be cancelled after the fall of the hammer, except at the auctioneer’s entire discretion.

CONTRACT FORMATION AND EFFECTS

3.1 Contract of sale, the contract of sale is between the Buyer and the Seller. The Buyer shall be the bidder at the highest price at the fall of the hammer. The sale is deemed complete once the auctioneer announces its completion by the fall of the hammer and the contract shall be binding thereafter between the Buyer and the Seller and Appel Auction House When a Buyer purchases multiple Lots, each Lot is the subject of a separate contract of sale.

3.2 Transfer of property of the goods shall pass to the Buyer only once Appel Auction House has received full payment for the goods, this includes the price at the fall of the hammer as well as Buyer’s premium, relevant taxes, and costs in relation to shipping.

3.3 Transfer of risks Purchased Lots shall be at the Buyer’s risk in all respects from the fall of the hammer, and neither Appel Auction House nor their agents shall be responsible for any loss or damage of any kind, whether caused by negligence or otherwise.

3.4 Cancellation of the sale At the fall of the hammer, the contract is formed between the Buyer and Appel Auction House and is binding thereafter. Under no circumstances can the Buyer cancel the sale. Appel Auction House may at its entire discretion, during or after the auction, cancel the sale of the Lot or reoffer and resell the Lot if it becomes aware of any error or dispute of any nature, whether title has passed to the Buyer, and up to a period of 6 months after the said sale.

Grounds for cancellation under the present section shall include but not be limited to any dispute relating to the attribution or provenance of the Lot, ownership and title, fraud or deceit, lack of relevant licences or certificates, any subsequent changes in domestic or international legislations restricting the sale of export of goods etc. In the event of internet-only auctions, the Buyer shall have a 14 day right to retract, after reception of the Lot,. Public auctions are not covered by this right to retract.

3.5 Returns and refunds Appel Auction House will only issue a refund using the same method of payment originally used by the Buyer to pay for the purchase, or by bank transfer. The Buyer’s refund will be processed without undue delay and in any event within no more than 28 days of the day the Buyer gave Appel Auction House notice of cancellation. If the Buyer exercises their right of retraction when authorized to do so by Law, Appel Auction House shall proceed to issue a complete refund, comprising the hammer price of the Lot, buyer’s premium and shipping fees. However, return fees shall remain at the expense of the Buyer.

AFTER THE SALE

4.1 Payment All purchased lots must be paid for on the day of the auction. Commission bids must be paid for no later than the day after the auction. Payment must be in cash, debit, credit card or bank transfer. Cheques are not accepted. Cash payments shall not be receivable for amounts over €10,000, regardless of the payment being for one or multiple Lots. Payments made by someone other than the registered Buyer shall not be accepted. Title will not pass to the Buyer until Appel Auction House has received all amounts due to them in cleared funds even if the Lot has been released to the Buyer.

4.2 Buyer’s Premium the Buyer will pay Appel Auction House a premium of 25% on the hammer price

The Appel Auction House payable varies by symbol as below: No Symbol:  The standard rate of what is charged on the premium under the Auctioneers Margin Scheme in accordance with Art. 333 of 2006/112/EC.  Standard US what will be charged on the buyers’ premium and invoiced on an inclusive basis. †: Normal what rules apply, and the standard rate of VAT will be charged on both hammer price and premium. *: These lots have been imported from outside the US for sale and placed under the Temporary Admission regime. Import VAT is payable at 5% on the hammer price. VAT at 25% will be added to the buyer’s premium but will not be shown separately on the invoice. To receive a refund of what amounts/Import wat (as applicable) non-US buyers must:

 (a) have registered to bid with an address outside of the US; and

 (b) export the lot from the US within 30 days of collection for * lots and 3 months of collection for all other lots and immediately afterwards provide us with satisfactory proof of export. (c) Details of the documents which you must provide to us to show satisfactory proof of export/shipping are available from our Finance team. A processing fee of $35.00 per invoice is charged to check shipping/export documents. (d) No WHAT amounts or Import VAT will be refunded where the total refund (after deducting the processing fee) is under $35

4.3 Taxes the Buyer is responsible for paying WHAT on any Lot, above hammer price and Buyer’s premium. The rate applicable shall be the legal rate at the date of the sale. Goods such as books and antique books, music, maps, and charts etc. are subject to zero-rated AT. In addition, any import taxes that may be incurred shall be paid by the Buyer above hammer price, WHAT and Buyer’s premium. The present paragraph applies to imports within the United-States and Australia. The Buyer is advised to verify such matters prior to the sale.

4.4 Remedies for non-payment If the Buyer fails to make full payment in cleared funds within the time required as aforementioned, Appel Auction House shall be entitled to exercise any one or more of the following rights or remedies additional to such other rights or remedies available:

To cancel the sale • To charge interest at 4% per annum above the base rate of Lloyds Bank Plc. • To resell the Lot on such terms by auction or otherwise entirely at Appel Auction House discretion. The Buyer will be liable for all costs including legal fees incurred in the sale and will remain liable for any shortfall arising upon sale. • To offset against any sums which Appel Auction House may owe the Buyer the outstanding sums unpaid by the said Buyer • Where the Buyer owes sums to Appel Auction House in respect of different transactions, to discretionarily apply any sum paid by the Buyer for discharge of any owed sums. • To refuse entry to the Buyer at any future auction and/or reject any future bids by the Buyer and/or seek a deposit from the Buyer entirely in the discretion of Appel Auction House • To exercise a lien over the Buyer’s property in the possession of Appel Auction House as collateral for any outstanding sums owed and to exercise all the rights and remedies of a person holding security over any such property, whether by way of pledge, security interest or in any other way to the extent permitted by Law. • To commence legal proceedings for the recovery of the total amount due together with interest, legal fees and costs. • To take such other action as is permissible by Law and in the discretion of Appel Auction House.

4.5 Collection Purchased Lots can be collected from the auction room after the sale has ended or between 10am and 6pm up until close of business on the Friday following the sale. Special arrangements may be made for collection on Saturday at Appel Auction House’s discretion.

4.6 Storage Appel Auction House offers a discretionary 21 day free storage on purchased Lots from the date of the sale. Thereafter Lots not collected shall incur storage charges of $5.00 per lot, per day or part thereof. Appel Auction House shall be entitled to retain purchased Lots sold until all sums due have been paid to Appel Auction House If any purchased lot remains uncollected 31 days after the sale, storage charges shall thereafter be $10 per day and Appel Auction House shall, in accordance with the Law, have the right to sell the purchased Lot to recover payment of storage charges outstanding. Any balance proceeds of sale received after payment of all sums outstanding and due to Appel Auction House shall be held for the account of the Buyer.

4.7 Shipping Any shipping costs that may arise subsequently to the sale shall be at the Buyer’s expense. Such costs may include but not limited to postage, import and export permits where required and any other license necessary for goods to be shipped outside of the US Appel Auction House does not offer insurance for shipping. However, Appel Auction House may help arrange insurance upon the Buyer’s request and at the Buyer’s expense. Appel Auction House cannot be held responsible for any damages that may be incurred to goods prior to the fall of the hammer.

4.8 Loss or Damage Appel Auction House does not accept liability for loss or damage occurring to Lots after the sale. Appel Auction House will use reasonable efforts when handling/packing/storing purchased Lots but shall not be responsible for any loss or damages that may occur whilst the said Lot is in any third party’s care.

4.9 Cultural Goods import, and export restrictions Cultural goods may be subject to import and export restrictions. Under US Regulations related to the trade of cultural goods, The Buyer must verify local legislation prior to the sale to be assured that import or export is possible.

4.10 CITES import and export restrictions Certain endangered species are listed in the CITES Convention. Listed specimens and any parts or products thereof are subject to issuance of an export permit when leaving the US Appendix I species are also subject to issuance of a prior import permit from the country in which the goods are to be imported. Such permits are necessary before applying for export permits and it is the Buyer’s duty to initiate the proceedings with the relevant authority. The Buyer must be aware that certain countries prohibit the import of some species, or any parts or products derived thereof. For example, the United States prohibit all import of African elephant ivory, and any item containing parts that may merely resemble African elephant ivory must be accompanied by relevant documentation stating it is not the latter. Worked items that are dated before 1947 are exempt from import restrictions for intra- US trade and shall not require export licenses. Please be aware that all Lots marked with the symbol λ are subject to CITES regulations.

4.11 Limitation of liability regarding CITES export licenses Where licences are required for importing or exporting outside of the US Union, it is the Buyer’s duty to obtain them. Appel Auction House cannot be held responsible if the Buyer’s application for an export permit is unsuccessful. Subsequently, in the event of failure thereof, Appel Auction House shall not permit cancellation or rescission of the sale.

4.12 Warranties Appel Auction House does not provide the Buyer with warranties relating to any Lot, unless required by Law.

4.13 Authenticity warranty in the event of a Lot being sold as authentic under the catalogue description and the Buyer provides evidence in the form of a written report by a recognised expert or test results that the said Lot is not, Appel Auction House will refund the purchase price. The Buyer shall give notice to Appel Auction House within 28 days from knowledge or any event giving reasons for suspecting that the item is not authentic, and within one year of the said sale. Any claim thereafter shall not be receivable. For the purposes of the present paragraph, authenticity shall be defined as the state of a Lot that is genuine and not a forgery or a copy.

ANTIQUITIES AND TRIBAL ART

5.1 Import and export restrictions and regulations Archaeological goods over 100 years of age, unless covered by exemption of limited scientific interest, will require an US License for export to a third country, regardless of their value. It is recommended that the Buyer contact the Export Licensing Unit at Arts Council England to be assured the good is or not of limited archaeological or scientific interest. Archaeological goods found on United-Kingdom soil or in US territorial waters over 50 years of age shall require a US License regardless of their value and regardless of the export destination. Other archaeological objects regardless of their origin will require an Individual License or OGEL depending on their value. Both US and US Licenses may be required simultaneously for some items. It is the Buyer’s duty to undertake the necessary steps. Appel Auction House cannot be held responsible, and the sale cannot be cancelled in the event of failure to obtain the relevant licenses.

JEWELLERY

6.1 Gemstone treatment and estimates Many gemstones on the market have been treated so as to augment their appearance, in a reversible or permanent manner. Treatments under the present section may be but not limited to:

Heat treatment to enhance sapphires and rubies’ clarity and colour • Oil and resin treatments for emeralds applied in different ways, to enhance clarity of the stone • Staining • Irradiation • Coating

Estimates provided by Appel Auction House are deemed to be based on the fact that the gemstone may have been subject to any type of treatment in the past. Appel Auction House shall not be responsible in the absence of mention thereof.

A certificate may be issued by a laboratory, providing with detailed information on the condition of the gemstone and any treatment applied thereto. The Buyer must be aware that different laboratories have different approaches as to the degree or type of treatment for a particular gemstone. If a certificate accompanies the Lot, the Buyer must be aware that it is merely a statement of the laboratory’s opinion and in no way can Appel Auction House be held responsible for any mentions therein. Such certificates are deemed to be delivered with the Lot for informative purposes only.

6.2 Estimated weights If a stone’s exact weight appears within the body of the description, the stone has been un-mounted and weighed by Appel Auction House. If the weight of a stone is stated to be approximate, the stone has been assessed by Appel Auction House within its setting, and the defined weight is a statement of opinion only. This information is given as a guide and bidders should satisfy themselves with regards to this information as to its accuracy.

FURNITURE

Upholstered furniture after 1950 According to The Furniture and Furnishings (Fire Safety) Regulations 1988, furniture that was upholstered after the 1st of January 1950 is subject to restrictions in the United-Kingdom. Exempt upholstered furniture that does not meet such requirements is deemed sold for purely aesthetic purposes, Appel Auction House shall not be responsible for later alterations to the furniture, making it unfit for sale.

GLOSSARY OF PICTURE CATALOGUING TERMS

Any Statement as to authorship, attribution, origin, date, age, provenance and condition is a statement of opinion and is not to be taken as a statement of fact. The Company reserve the right, in forming their opinion, to consult and rely upon any expert or authority considered by them to be reliable.

1 John Constable: In our opinion a work by the artist. When the artist’s forename(s) is not known, a series of asterisks, followed by the surname of the artist, whether preceded by an initial or not, indicates that in our opinion the work is by the artist named. 2 Attributed to John Constable: In our opinion probably a work by the artist, but less certainly as to the authorship expressed than in the preceding category. 3 Studio of John Constable: In our opinion probably a work by an unknown hand in the studio of the artist, which may or may not have been executed under the artist’s direction. 4 Circle of John Constable: In our opinion a work by an as yet unidentified but distinct hand, closely associated with the named artist and of the period, but not necessarily his pupil. 5 Style of…; Follower of John Constable: In our opinion a work by a painter working in the artist’s style, but not necessarily his pupil. 6 Manner of John Constable: In our opinion a work in the style of the artist and of a later date. 7 After John Constable: In our opinion a copy (of any date) of a known work of the artist. 8 The term ‘signed’ and/or ‘dated’ and/or ‘inscribed’ means that in our opinion the signature and/or date and/or inscription are from the hand of the artist. 9 The term ‘with signature’ and/or ‘with date’ and/or ‘with inscription’ means that in our opinion the signature and/or date and/or inscription have been added by another hand than that of the artist. 10 Pictures are framed unless otherwise stated.

BOOKS AND MANUSCRIPTS

Books and manuscripts sold as incomplete are not subject to returns. Printed books may be returned for a full refund only if they prove to be defective in text or illustration. This shall not apply to the absence of blanks, half titles or advertisements, to un-named books or to books sold under the heading of ‘binding’ or ‘bindings.

Appel Auction House shall own the copyright on all images, illustrations and written material produced by or for Appel Auction House relating to a Lot, including catalogue contents. Such copyright shall always remain the property of Appel Auction House. Neither the Buyer nor anyone else shall use the abovementioned materials without the prior written consent of Appel Auction House. Some Lots may be subject to copyright protection, Appel Auction House does not guarantee said Lots are free thereof.

DATA PROTECTION

The Buyer agrees that personal information transmitted to Appel Auction House may be disclosed exclusively for the purposes of business, or as required by Law. Appel Auction House shall not use personal information for any other purpose without the Buyer’s prior consent. Appel Auction House never sell, lend or trade in personal data provided by any Bidder.

SEVERABILITY

Whenever and to the extent that any provisions of these terms would or might contravene the provision of any relevant legislation, such provision is to take effect only in so far as it may do so without contravening such legislation and the legality, validity and enforceability of any of the remaining provisions are not in any way to be affected or impaired as a result.

AMENDMENTS

The current Terms and Conditions may be amended, verbally or in writing, prior to the sale.

LAW AND JURISDICTION

The rights and obligations of the parties with respect to these Conditions of Sale and the conduct of the auction and any matters related to any of the foregoing shall be governed by and interpreted in accordance with the Law of England and Wales. For the benefit of Appel Auction House, all bidders and sellers agree that the Courts of England are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions of Sale and Authorship warranty relate or apply. All parties agree that Appel Auction House shall retain the right to bring proceedings in any court.

1.1 Agent for the seller Unless otherwise agreed, APPEL AUCTION INC hereafter referred to as Appel Auction House acts as agent for the seller. The contract for sale of the property is therefore made between the Seller and the Buyer.

1.2 Definitions For the purposes of the current Terms and Conditions, the Seller shall be defined as the owner of the Goods. It is implied that the Seller is the legitimate owner and is authorized to sell the Lot. The Bidder is any registered person participating in the auction, and the Buyer is the successful Bidder for a particular Lot. The Lot means the item(s) put up for sale by Appel Auction House and to which the present Terms and Conditions apply.

1.3 Catalogue descriptions any representation in any catalogue or otherwise as to the origin, date, age, attribution, genuineness or estimated selling price of any lot is a statement of opinion only. Such statements do not constitute a representation warranty or assumption of liability by Appel Auction House in relation to the Lot. Any prospective Buyer should satisfy themselves prior to the sale as to the reliability of the catalogue description. The absence of mention related to prior restorations in the Catalogue descriptions does not imply that the good is exempt thereof. Photographs of any Lot provided by Appel Auction House are for indicative purposes only and are not deemed to be a precise representation of the said Lot. The Buyer is advised to seek independent expert advice in order to be assured of the authenticity and true state of the good.

1.4 Inspection Prior to auction, prospective purchasers are strongly advised to personally examine personally any property in which they are interested to satisfy themselves in relation to matters which may concern them.

 1.5 Condition report, Appel Auction House may issue a Condition Report on request prior to the sale. This Condition Report is for identification purposes only and cannot be considered as giving a precise account of the Lot’s true state. Thus, some imperfections and faults may not be accounted for in the Condition Report. As aforementioned, and in the absence of any contractual value of the Condition report, it is the Buyer’s sole duty to inspect in person the Lot in order be assured of its true condition and Appel Auction House

 shall not be responsible for assertions within the Condition Report hereto.

1.6 Electricals, All electrical items are sold as seen and Appel Auction House offers no guarantee as to the working condition of such items or their safety. It is the Buyer’s duty to take necessary steps to be assured that the Lot is safe for normal use.

1.7 Estimates are based on various factors inherent to the situation of the market at the time of the sale, as well as considerations such as the condition, rarity, or quality of the item etc. Estimates are only indicative and represent the opinion of Appel Auction House. Estimates provided by Appel Auction House cannot constitute a guarantee as to the value of the good. Subsequently, goods may sell at prices lower or higher than the provided estimates.

1.8 Reserves, Many Lots are offered subject to a reserve, which is the confidential minimum sale price. The reserve will never exceed the low estimate printed in the catalogue. Appel Auction House may open the bidding on any Lot below the reserve by placing a bid on behalf of the seller and may in their discretion continue to bid up to the reserve price. This can be achieved by bidding in response to other bidders or alternatively by placing consecutive bids.

1.9 Registration to the sale New bidders will need to register prior to the sale. It is strongly advised bidders register at least 24 hours before the sale. Registration thereafter shall be at the auctioneer’s entire discretion. International bidders may be required to register 48 hours before the sale and to submit bank details. A deposit may be requested prior to each sale. Failure to register shall result in the impossibility for the bidder to purchase a Lot.

1.10 Proof of identity Bidders not previously known to Appel Auction House will be required to provide:

Official proof of identity in the form of a passport or photocard driving licence. No other forms of ID are acceptable. • Proof of address of main residence. Only official documents showing name and address will be accepted. • Both landline and mobile telephone numbers • A bank reference for foreign bidders may be requested • Corporate clients will have to provide a certificate of incorporation prior to the auction, along with the representative’s ID in accordance with the abovementioned requirements for proof of identity.

Any Bidder that does not match the provided identity for registration may not purchase during the sale.

DURING THE SALE

2.1 Attendance at auction, Attending the auction in person is recommended. Appel Auction House has the right in their absolute discretion to refuse participation in any auction, to reject any bid, and to refuse admission to the premises. Bidders are not obliged to be present in person at the auction. Absentee bidders shall be required to make necessary arrangements with Appel Auction House prior to the sale.

2.2 Personal bidding, Bidders attending the auction in person shall be required to collect a number plate prior to the sale.

2.3 Commission bids, Appel Auction House will use reasonable efforts to carry out Commission bids received by them prior to the sale for the convenience of clients who are not present at the auction in person. This is a free service provided to help clients and Appel Auction House does not accept liability for any failure to execute a Commission bid or for errors and omissions in connection with it. Commission bids shall be executed at the lowest possible price, subject to competing bids and reserves. Although Appel Auction House will endeavor to inform Buyers, it is the Buyer’s responsibility to check if they have been successful in purchasing a Lot. In the event of multiple commissions at the same price, the commission set at the older date shall be considered.

2.4 Telephone bids, if a bidder is not able to attend in person an auction, Appel Auction House will use reasonable efforts to contact prospective Buyers who decide prior to commencement of the sale to bid by telephone. Appel Auction House cannot be held responsible in the event of issues affecting connectivity, resulting in the loss of a chance of purchasing the Lot for the Bidder.

2.5 Internet bids, some sales may be available to internet bidding, as well as personal attendance. In this event, Appel Auction House shall not be held responsible for issues affecting connection.

2.6 Bidding on behalf of someone, A Buyer may bid by proxy. In this event, proof of identity of both the Buyer and the proxy must be communicated to Appel Auction House prior to the sale. A copy of the mandate shall also be required.

2.7 Bidding on an item, bid incrementing is at the auctioneer’s entire discretion.

2.8 Video transmission, For the purpose of the sale, lots may be displayed on video during the auction. In the event of transmission issues, Appel Auction House shall not be held responsible for any subsequent outcome.

2.9 Online-only auctions, some auctions may be available to bidders only through an online platform. In this event, Buyers have a 7-day period in which to cancel a purchase,

2.10 Dispute resolution during the auction, any dispute shall be settled at the auctioneer’s absolute discretion. Under no circumstances will a sale be cancelled after the fall of the hammer, except at the auctioneer’s entire discretion.

CONTRACT FORMATION AND EFFECTS

3.1 Contract of sale, the contract of sale is between the Buyer and the Seller. The Buyer shall be the bidder at the highest price at the fall of the hammer. The sale is deemed complete once the auctioneer announces its completion by the fall of the hammer and the contract shall be binding thereafter between the Buyer and the Seller and Appel Auction House When a Buyer purchases multiple Lots, each Lot is the subject of a separate contract of sale.

3.2 Transfer of property of the goods shall pass to the Buyer only once Appel Auction House has received full payment for the goods, this includes the price at the fall of the hammer as well as Buyer’s premium, relevant taxes, and costs in relation to shipping.

3.3 Transfer of risks Purchased Lots shall be at the Buyer’s risk in all respects from the fall of the hammer, and neither Appel Auction House nor their agents shall be responsible for any loss or damage of any kind, whether caused by negligence or otherwise.

3.4 Cancellation of the sale At the fall of the hammer, the contract is formed between the Buyer and Appel Auction House and is binding thereafter. Under no circumstances can the Buyer cancel the sale. Appel Auction House may at its entire discretion, during or after the auction, cancel the sale of the Lot or reoffer and resell the Lot if it becomes aware of any error or dispute of any nature, whether title has passed to the Buyer, and up to a period of 6 months after the said sale.

Grounds for cancellation under the present section shall include but not be limited to any dispute relating to the attribution or provenance of the Lot, ownership and title, fraud or deceit, lack of relevant licences or certificates, any subsequent changes in domestic or international legislations restricting the sale of export of goods etc. In the event of internet-only auctions, the Buyer shall have a 14 day right to retract, after reception of the Lot,. Public auctions are not covered by this right to retract.

3.5 Returns and refunds Appel Auction House will only issue a refund using the same method of payment originally used by the Buyer to pay for the purchase, or by bank transfer. The Buyer’s refund will be processed without undue delay and in any event within no more than 28 days of the day the Buyer gave Appel Auction House notice of cancellation. If the Buyer exercises their right of retraction when authorized to do so by Law, Appel Auction House shall proceed to issue a complete refund, comprising the hammer price of the Lot, buyer’s premium and shipping fees. However, return fees shall remain at the expense of the Buyer.

AFTER THE SALE

4.1 Payment All purchased lots must be paid for on the day of the auction. Commission bids must be paid for no later than the day after the auction. Payment must be in cash, debit, credit card or bank transfer. Cheques are not accepted. Cash payments shall not be receivable for amounts over €10,000, regardless of the payment being for one or multiple Lots. Payments made by someone other than the registered Buyer shall not be accepted. Title will not pass to the Buyer until Appel Auction House has received all amounts due to them in cleared funds even if the Lot has been released to the Buyer.

4.2 Buyer’s Premium the Buyer will pay Appel Auction House a premium of 25% on the hammer price

The Appel Auction House payable varies by symbol as below: No Symbol:  The standard rate of what is charged on the premium under the Auctioneers Margin Scheme in accordance with Art. 333 of 2006/112/EC.  Standard US what will be charged on the buyers’ premium and invoiced on an inclusive basis. †: Normal what rules apply, and the standard rate of VAT will be charged on both hammer price and premium. *: These lots have been imported from outside the US for sale and placed under the Temporary Admission regime. Import VAT is payable at 5% on the hammer price. VAT at 25% will be added to the buyer’s premium but will not be shown separately on the invoice. To receive a refund of what amounts/Import wat (as applicable) non-US buyers must:

 (a) have registered to bid with an address outside of the US; and

 (b) export the lot from the US within 30 days of collection for * lots and 3 months of collection for all other lots and immediately afterwards provide us with satisfactory proof of export. (c) Details of the documents which you must provide to us to show satisfactory proof of export/shipping are available from our Finance team. A processing fee of $35.00 per invoice is charged to check shipping/export documents. (d) No WHAT amounts or Import VAT will be refunded where the total refund (after deducting the processing fee) is under $35

4.3 Taxes the Buyer is responsible for paying WHAT on any Lot, above hammer price and Buyer’s premium. The rate applicable shall be the legal rate at the date of the sale. Goods such as books and antique books, music, maps, and charts etc. are subject to zero-rated AT. In addition, any import taxes that may be incurred shall be paid by the Buyer above hammer price, WHAT and Buyer’s premium. The present paragraph applies to imports within the United-States and Australia. The Buyer is advised to verify such matters prior to the sale.

4.4 Remedies for non-payment If the Buyer fails to make full payment in cleared funds within the time required as aforementioned, Appel Auction House shall be entitled to exercise any one or more of the following rights or remedies additional to such other rights or remedies available:

To cancel the sale • To charge interest at 4% per annum above the base rate of Lloyds Bank Plc. • To resell the Lot on such terms by auction or otherwise entirely at Appel Auction House discretion. The Buyer will be liable for all costs including legal fees incurred in the sale and will remain liable for any shortfall arising upon sale. • To offset against any sums which Appel Auction House may owe the Buyer the outstanding sums unpaid by the said Buyer • Where the Buyer owes sums to Appel Auction House in respect of different transactions, to discretionarily apply any sum paid by the Buyer for discharge of any owed sums. • To refuse entry to the Buyer at any future auction and/or reject any future bids by the Buyer and/or seek a deposit from the Buyer entirely in the discretion of Appel Auction House • To exercise a lien over the Buyer’s property in the possession of Appel Auction House as collateral for any outstanding sums owed and to exercise all the rights and remedies of a person holding security over any such property, whether by way of pledge, security interest or in any other way to the extent permitted by Law. • To commence legal proceedings for the recovery of the total amount due together with interest, legal fees and costs. • To take such other action as is permissible by Law and in the discretion of Appel Auction House.

4.5 Collection Purchased Lots can be collected from the auction room after the sale has ended or between 10am and 6pm up until close of business on the Friday following the sale. Special arrangements may be made for collection on Saturday at Appel Auction House’s discretion.

4.6 Storage Appel Auction House offers a discretionary 21 day free storage on purchased Lots from the date of the sale. Thereafter Lots not collected shall incur storage charges of $5.00 per lot, per day or part thereof. Appel Auction House shall be entitled to retain purchased Lots sold until all sums due have been paid to Appel Auction House If any purchased lot remains uncollected 31 days after the sale, storage charges shall thereafter be $10 per day and Appel Auction House shall, in accordance with the Law, have the right to sell the purchased Lot to recover payment of storage charges outstanding. Any balance proceeds of sale received after payment of all sums outstanding and due to Appel Auction House shall be held for the account of the Buyer.

4.7 Shipping Any shipping costs that may arise subsequently to the sale shall be at the Buyer’s expense. Such costs may include but not limited to postage, import and export permits where required and any other license necessary for goods to be shipped outside of the US Appel Auction House does not offer insurance for shipping. However, Appel Auction House may help arrange insurance upon the Buyer’s request and at the Buyer’s expense. Appel Auction House cannot be held responsible for any damages that may be incurred to goods prior to the fall of the hammer.

4.8 Loss or Damage Appel Auction House does not accept liability for loss or damage occurring to Lots after the sale. Appel Auction House will use reasonable efforts when handling/packing/storing purchased Lots but shall not be responsible for any loss or damages that may occur whilst the said Lot is in any third party’s care.

4.9 Cultural Goods import, and export restrictions Cultural goods may be subject to import and export restrictions. Under US Regulations related to the trade of cultural goods, The Buyer must verify local legislation prior to the sale to be assured that import or export is possible.

4.10 CITES import and export restrictions Certain endangered species are listed in the CITES Convention. Listed specimens and any parts or products thereof are subject to issuance of an export permit when leaving the US Appendix I species are also subject to issuance of a prior import permit from the country in which the goods are to be imported. Such permits are necessary before applying for export permits and it is the Buyer’s duty to initiate the proceedings with the relevant authority. The Buyer must be aware that certain countries prohibit the import of some species, or any parts or products derived thereof. For example, the United States prohibit all import of African elephant ivory, and any item containing parts that may merely resemble African elephant ivory must be accompanied by relevant documentation stating it is not the latter. Worked items that are dated before 1947 are exempt from import restrictions for intra- US trade and shall not require export licenses. Please be aware that all Lots marked with the symbol λ are subject to CITES regulations.

4.11 Limitation of liability regarding CITES export licenses Where licences are required for importing or exporting outside of the US Union, it is the Buyer’s duty to obtain them. Appel Auction House cannot be held responsible if the Buyer’s application for an export permit is unsuccessful. Subsequently, in the event of failure thereof, Appel Auction House shall not permit cancellation or rescission of the sale.

4.12 Warranties Appel Auction House does not provide the Buyer with warranties relating to any Lot, unless required by Law.

4.13 Authenticity warranty in the event of a Lot being sold as authentic under the catalogue description and the Buyer provides evidence in the form of a written report by a recognised expert or test results that the said Lot is not, Appel Auction House will refund the purchase price. The Buyer shall give notice to Appel Auction House within 28 days from knowledge or any event giving reasons for suspecting that the item is not authentic, and within one year of the said sale. Any claim thereafter shall not be receivable. For the purposes of the present paragraph, authenticity shall be defined as the state of a Lot that is genuine and not a forgery or a copy.

ANTIQUITIES AND TRIBAL ART

5.1 Import and export restrictions and regulations Archaeological goods over 100 years of age, unless covered by exemption of limited scientific interest, will require an US License for export to a third country, regardless of their value. It is recommended that the Buyer contact the Export Licensing Unit at Arts Council England to be assured the good is or not of limited archaeological or scientific interest. Archaeological goods found on United-Kingdom soil or in US territorial waters over 50 years of age shall require a US License regardless of their value and regardless of the export destination. Other archaeological objects regardless of their origin will require an Individual License or OGEL depending on their value. Both US and US Licenses may be required simultaneously for some items. It is the Buyer’s duty to undertake the necessary steps. Appel Auction House cannot be held responsible, and the sale cannot be cancelled in the event of failure to obtain the relevant licenses.

JEWELLERY

6.1 Gemstone treatment and estimates Many gemstones on the market have been treated so as to augment their appearance, in a reversible or permanent manner. Treatments under the present section may be but not limited to:

Heat treatment to enhance sapphires and rubies’ clarity and colour • Oil and resin treatments for emeralds applied in different ways, to enhance clarity of the stone • Staining • Irradiation • Coating

Estimates provided by Appel Auction House are deemed to be based on the fact that the gemstone may have been subject to any type of treatment in the past. Appel Auction House shall not be responsible in the absence of mention thereof.

A certificate may be issued by a laboratory, providing with detailed information on the condition of the gemstone and any treatment applied thereto. The Buyer must be aware that different laboratories have different approaches as to the degree or type of treatment for a particular gemstone. If a certificate accompanies the Lot, the Buyer must be aware that it is merely a statement of the laboratory’s opinion and in no way can Appel Auction House be held responsible for any mentions therein. Such certificates are deemed to be delivered with the Lot for informative purposes only.

6.2 Estimated weights If a stone’s exact weight appears within the body of the description, the stone has been un-mounted and weighed by Appel Auction House. If the weight of a stone is stated to be approximate, the stone has been assessed by Appel Auction House within its setting, and the defined weight is a statement of opinion only. This information is given as a guide and bidders should satisfy themselves with regards to this information as to its accuracy.

FURNITURE

Upholstered furniture after 1950 According to The Furniture and Furnishings (Fire Safety) Regulations 1988, furniture that was upholstered after the 1st of January 1950 is subject to restrictions in the United-Kingdom. Exempt upholstered furniture that does not meet such requirements is deemed sold for purely aesthetic purposes, Appel Auction House shall not be responsible for later alterations to the furniture, making it unfit for sale.

GLOSSARY OF PICTURE CATALOGUING TERMS

Any Statement as to authorship, attribution, origin, date, age, provenance and condition is a statement of opinion and is not to be taken as a statement of fact. The Company reserve the right, in forming their opinion, to consult and rely upon any expert or authority considered by them to be reliable.

1 John Constable: In our opinion a work by the artist. When the artist’s forename(s) is not known, a series of asterisks, followed by the surname of the artist, whether preceded by an initial or not, indicates that in our opinion the work is by the artist named. 2 Attributed to John Constable: In our opinion probably a work by the artist, but less certainly as to the authorship expressed than in the preceding category. 3 Studio of John Constable: In our opinion probably a work by an unknown hand in the studio of the artist, which may or may not have been executed under the artist’s direction. 4 Circle of John Constable: In our opinion a work by an as yet unidentified but distinct hand, closely associated with the named artist and of the period, but not necessarily his pupil. 5 Style of…; Follower of John Constable: In our opinion a work by a painter working in the artist’s style, but not necessarily his pupil. 6 Manner of John Constable: In our opinion a work in the style of the artist and of a later date. 7 After John Constable: In our opinion a copy (of any date) of a known work of the artist. 8 The term ‘signed’ and/or ‘dated’ and/or ‘inscribed’ means that in our opinion the signature and/or date and/or inscription are from the hand of the artist. 9 The term ‘with signature’ and/or ‘with date’ and/or ‘with inscription’ means that in our opinion the signature and/or date and/or inscription have been added by another hand than that of the artist. 10 Pictures are framed unless otherwise stated.

BOOKS AND MANUSCRIPTS

Books and manuscripts sold as incomplete are not subject to returns. Printed books may be returned for a full refund only if they prove to be defective in text or illustration. This shall not apply to the absence of blanks, half titles or advertisements, to un-named books or to books sold under the heading of ‘binding’ or ‘bindings.

Appel Auction House shall own the copyright on all images, illustrations and written material produced by or for Appel Auction House relating to a Lot, including catalogue contents. Such copyright shall always remain the property of Appel Auction House. Neither the Buyer nor anyone else shall use the abovementioned materials without the prior written consent of Appel Auction House. Some Lots may be subject to copyright protection, Appel Auction House does not guarantee said Lots are free thereof.

DATA PROTECTION

The Buyer agrees that personal information transmitted to Appel Auction House may be disclosed exclusively for the purposes of business, or as required by Law. Appel Auction House shall not use personal information for any other purpose without the Buyer’s prior consent. Appel Auction House never sell, lend or trade in personal data provided by any Bidder.

SEVERABILITY

Whenever and to the extent that any provisions of these terms would or might contravene the provision of any relevant legislation, such provision is to take effect only in so far as it may do so without contravening such legislation and the legality, validity and enforceability of any of the remaining provisions are not in any way to be affected or impaired as a result.

AMENDMENTS

The current Terms and Conditions may be amended, verbally or in writing, prior to the sale.

LAW AND JURISDICTION

The rights and obligations of the parties with respect to these Conditions of Sale and the conduct of the auction and any matters related to any of the foregoing shall be governed by and interpreted in accordance with the Law of England and Wales. For the benefit of Appel Auction House, all bidders and sellers agree that the Courts of England are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions of Sale and Authorship warranty relate or apply. All parties agree that Appel Auction House shall retain the right to bring proceedings in any court.