Belperron Blue Cambodian Chalcedony Cuff

Suzanne Belperron

With her unapologetically bold style and sensually carved designs, Suzanne Belperron would distinguish herself among the first female master jewelers of the early 20th century, and as a designer whose aesthetic was so unique, it would serve as her signature.

 

Belperron’s creative genius quickly drew the attention of esteemed clientele including: the Duchess of Windsor, Josephine Baker, Diana Vreeland, and countless more high-profile figures; yet, she never sought public recognition. When asked why she never signed her pieces, as was customary of all haute joaillerie maisons, Belperron famously said, “my style is my signature.”

Writing in the San Francisco Sunday Chronicle in 1961, journalist Cécile Sandoz, expressed that the creations of Belperron possessed an instantly recognizable “abstract fluidity of form, a Pharaonic or Aztec sheen that gives a centuries-old patina and a highly personal technique of setting precious gems in larger semiprecious stones.”

 

“My style is my signature.” – Suzanne Belperron

 

From humble beginning, Suzanne Vuillerme Belperron grew up in a small town in eastern France. In 1916, she enrolled at the Écoles Municipales de Musique et des Beaux-Arts, located in Besançon, a city that would be known as the birthplace of France’s watch industry. It was here that she began her formal study of jewelry design. Knowing that versatility would give her the competitive advantage she sought, Belperron immersed herself and excelled in a variety of studies. Her early productions revealed an intuition of style and form, as well as a wealth of talent.

 

 

 

 

 

Suzanne Belperron Chalcedony Diamond Clip

Belperron Chalcedony Diamond Clip

 Suzanne Belperron Three Diamond Chalcedony Ring

Belperron Three Diamond Chalcedony Ring

 

She began her career in Paris in 1919 as a draftswoman for one of the leading firms at the time, Maison Boivin. Her talent was recognized quickly, and within four years she was the lead designer. While she created countless designs in the popular Art Deco style, she quickly grew tired of the rigid aesthetic and began experimenting in a more organic style, assimilating natural forms and motifs. In 1932 she left Boivin to join Bernard Herz, a prominent dealer in gemstones and pearl. Herz recognized her virtuosity and skill, and Belperron was given full artistic freedom to design in his name.

 

“There’s no one else like her.” – Karl Lagerfeld, Avid Belperron Collector

 

This partnership put forth a daring new look for jewelry that was stunningly modern. Finding inspiration in a wide range of cultures—African, Cambodian, Celtic, Egyptian and Indian—her designs incorporated an unconventional use of materials and techniques including carved gemstones displaying bold and sensual silhouettes, now an unmistakable mark of her production.   

 

 

 

 

Suzanne Belperron Cambodian Chalcedony Cuff

Belperron “Cambodian” Chalcedony Cuff

Suzanne Belperron Sapphire and Chalcedony Ring

Belperron Sapphire Chalcedony Ring

Close friend and fellow jewelry designer, Christopher Walling, holds fond memories of the time he spent with Belperron. As a woman of extreme aesthetic sensitivity, everything from her home décor to her hair color was impeccably thought out. Her house was filled with an elegant mélange, from contemporary French furniture to pre-Columbian art and Tang Dynasty horses. When commenting on her personal style, Walling recalls that the same care was taken, “It was always white with pearls, or white with diamonds. Green with emeralds; blue with sapphires. And it may not sound like it would work, but it did. And it was extraordinary […] It wasn’t frivolous; it was a continuation of her art.”

 

While Belperron’s designs caught the eye of countless European nobility and jewelry connoisseurs alike, their relative scarcity due to their unique nature and limited production has led many of her works to remain hidden from the public. It is estimated that Belperron only made between 3,000 and 5,000 jewels in her lifetime. On the rare occasions when her jewels surface publicly, collectors around the world clamor with excitement.

As the highlight of the magnificent private jewelry collection from The Estate of Bo Legendre, Fortuna was honored to have sold some of the rarest treasures designed by the hand of Suzanne Belperron.

 

 

 

Fortuna Partners with Rolls Royce for a Superb Night

Together with Rolls Royce and The Surrey Hotel, Fortuna Plans a Night Celebrating The Estate of Bo Legendre

The significance of the late Bo Legendre’s estate was not lost on Fortuna, the boutique fine jewelry auction house headquartered in New York City. On April 12, 2018, Fortuna hosted an intimate cocktail party in partnership with Rolls Royce Motors and The Surrey Hotel, celebrating the life and unparalleled jewelry collection of Bo Legendre at the presidential suite of the Surrey.

Fortuna Partners with Rolls Royce Motors for Special Event

Rolls Royce town cars await outside The Surrey Hotel to transport guests to and from a special Fortuna event.

 

The elegance and understated luxe of one of the Surrey’s finest living spaces provided the perfect atmosphere for guests to lounge and thoughtfully appreciate the stars of the show—20 to 30 of the most important offerings from The Estate of Bo Legendre, resting serenely within towering, pristine glass vitrines. Of the rare jewels displayed, some of the most coveted were jewelry pieces designed by the legendary French designer, Suzanne Belperron, and stunning Art Deco Cartier jewels.

 

Fortuna and The Surrey Hotel hosts auction preview

Fortuna presents the exquisite jewelry collection from The Estate of Bo Legendre at the presidential suite of The Surrey Hotel.

 

While enjoying the delectable bites provided by the Surrey’s own Michelin starred Café Boulud, guests were encouraged try on the jewelry and go in for the closer look to truly appreciate the craftsmanship of some of the finest jewelry maisons of the world from the 20th century.

“QUOTE ABOUT THE GENERAL TURNOUT” -Seth Holehouse, co-CEO

Fortuna’s recent event partnership with Rolls Royce Motors and The Surrey Hotel illustrates the burgeoning auction house’s initiative to scale their experiential and global marketing efforts to remain competitive within the modern landscape of businesses.

“QUOTE ABOUT FORTUNA BEING BUSINESS SAAVY”—John Saxon, co-CEO

 

Photography by Sean Zanni/PMC. ©Patrick McMullan.

 

Fortuna Presents The Estate of Bo Legendre: Image Gallery

 

Highlights from The Estate of Bo Legendre

Bidding Wars Erupt in a Packed Saleroom for Iconic Pieces from Suzanne Belperron, Verdura, Cartier, Van Cleef & Arpels and More—A Continuation of the Incredible Momentum of the Rapidly Growing Auction House

 

Fortuna’s auction of the jewelry collection of Bokara “Bo” Legendre achieved overwhelming success with a sale total of more than $1.6 million, and selling 100% of the lots—a remarkable feat rarely achieved at auction. On April 25, Fortuna hosted The Estate of Bo Legendre in their Fifth Avenue showroom, where a packed room of bidders watched as intense bidding wars erupted over nearly every lot.

 

 

 

Suzanne Belperron "Cambodian" Chalcedony Cuff (Estate of Bo Legendre Post-Sale Highlights)

Suzanne Belperron “Cambodian” Chalcedony Cuff (alternate views shown). Achieved $137,500 at auction.

 

 

 

 

 

 

 

 

 

A Citrine and Diamond Gold Cuff, attributed to Suzanne Belperron. Achieved $150,000 at auction.

 

Highlighting the sale were seven lots by Suzanne Belperron, which sold for a combined total of $541,250, 70% more than the combined pre-sale high estimate of $319,000. The most exciting was a citrine and diamond cuff attributed to Suzanne Belperron that achieved $150,000, against a pre-sale estimate of $30,000–$50,000. A rare carved blue “Cambodian” chalcedony cuff sold for $137,500, while a carved chalcedony leaf motif bombé diamond ring sold for $65,625, drastically exceeding the pre-sale high estimate of $15,000.

 

The sale was led by an Art Deco emerald and diamond bracelet by Cartier, which sold for $237,500, against a pre-sale estimate of $100,000–$200,000. An Art Deco ruby and diamond necklace, also by Cartier, sold for $150,000, against a pre-sale estimate of $80,000-$120,000.

 

Art Deco Cartier Colombian Emerald and Diamond Platinum Bracelet. Achieved $237,500 at auction.

 

Adding to the sale’s success was the global participation, with registered bidders from 46 countries across six continents. “The success of this sale is a reflection of the passion and talent of our team, and our ability to reach the top collectors around the world—from Hong Kong and Dubai to France and Brazil,” said Fortuna Co-CEO and Head of Jewelry Seth Holehouse. “As the auctioneer, it was the most intense bidding atmosphere that I’ve ever experienced. It was phenomenal watching many of these pieces go for double, triple and even quadruple their initial estimates.”

 

The auction of The Estate of Bo Legendre is just one of three sales during the month of April for Fortuna, and builds upon the brand’s remarkable growth in 2017 when total annual revenue increased 194% from 2016.  Fortuna is currently projecting a 168% increase in revenue in 2018, buoyed by a rise in brand awareness as the only no-risk fine jewelry auction house, coupled with aggressive global marketing efforts.

 

Art Deco Cartier Convertible Burmese Ruby and Diamond Necklace, Brooch Set. Achieved $150,000 at auction.

 

“We aren’t a 300-year-old auction house that sells everything from art to furniture. What we do is jewelry. We focus on it and we are obsessed with making sure that when jewelry is sold at Fortuna, it sells for the highest possible price,” said Fortuna Co-CEO John Saxon. “There is room in the marketplace for an auction house like Fortuna, and our exponential growth and success with every sale is an indicator of that.”

 

Note: Sale totals and prices listed reflect hammer price plus buyer’s premiums.

 

View recent coverage of Fortuna in the news.

Highlights from April Important Jewels & Watches

Strong Bidder Interest Persists in April Important Jewels & Watches, The 2nd Sale in Fortuna’s Spring Auction Series

Fortuna’s Spring auctions offered hundreds of rarities from private collections and estates, attracting strong bidders from over 40 countries. The Important Jewels & Watches sale took place on April 26, 2018, following the phenomenal success of The Estate of Bo Legendre sale. The widespread interest for Fortuna’s second sale in its Spring Auctions Series contributed to the overall momentum of the rapidly growing auction house. Over $1.5 million in fine jewelry and watches were sold, along with an impressive 78% sell-through rate.

 

Fortuna Becomes a Serious Player in the Secondary Market for Important Watches 

April Important Jewels & Watches was also monumental in that it was the first Fortuna sale to debut important timepieces of marked interest within the experienced watch collector community. The sale offered watches from a broad range of world-renowned brands, such as Patek Philippe, Rolex, Cartier, and more. Fortuna was proud to sell every watch offered in Important Jewels & Watches to an animated crowd of live and online bidders. A majority of the watch lots managed to hammer for well-above their pre-sale estimates.

 

A. Lange & Söhne White Gold Datograph Perpetual

A. Lange & Söhne White Gold Datograph Perpetual. Achieved $75,000 at auction.

 

Of the important timepieces that garnered strong bidder activity, most notably were the A. Lange & Söhne Datograph Perpetual and a fine vintage Rolex Daytona Cosmograph Ref. 6265. The property of a New York Gentleman, the mint-condition A. Lange & Söhne White Gold Datograph Perpetual was an unpolished example of one of the most expensive and complicated watches in current production under the Saxon watch house. Combining chronograph with a perpetual calendar, it achieved $75,000 at auction. The Rolex Daytona Cosmograph ref. 6265, the property of a Florida estate, features a manually-wound Valjoux caliber 727 movement, and the screw-down pushers iconic of all Rolex “OYSTER” models, indicating enhanced water-resistance. It sold for $71,875, soaring past its pre-sale estimate of $40,000-$60,000. Another fiercely contended lot was a Patek Philippe Neptune Diamond White Gold Ladies Watch. It managed to achieve $28,125 at auction, against its pre-sale estimate of $9,000-$14,000.

 

Rolex Daytona Cosmograph, Ref. 6265

Rolex Daytona Cosmograph, Ref. 6265. Achieved $71,875 at auction.

April Important Jewels & Watches, Estate and Diamond Jewelry Highlights

Other highlights form the sale included A Double-Strand Natural Saltwater Pearl Necklace, the property of a private collection. After a roar of competitive bidding between a phone bidder and an attendee, the necklace achieved $143,750, shattering its pre-sale estimate of $20,000-$30,000. Other estate jewelry highlights include a 3.74-carat F color VS2 clarity diamond ring, which achieved $68,750 at auction, and a 5.37-carat K color VS2 clarity diamond ring, which sold for $53,125 and will also benefit the Addario Lung Cancer Medical Institute, made possible by the generosity of its consignor.

 

A Double Strand Natural Saltwater Pearl Necklace

A Double Strand Natural Saltwater Pearl Necklace. Achieved $143,750 at auction.

 

Coming Up on The Fortuna Calendar: June Important Watches & Fine Jewels

On June 28th, Fortuna will host two sales throughout the day. In the morning session, Fortuna is thrilled to offer its first IMPORTANT WATCHES sale. Featured will be a multitude of luxury timepieces from renowned watchmaking houses across the globe. Highlighting the collection is an authentic, fresh to market 1969 Rolex Paul Newman Daytona, Ref. 6239. In the afternoon, Fortuna will host its FINE JEWELS sale, offering an eclectic selection of signed and period jewelry from various private collections.

 

Note: Sale totals and prices listed reflect the hammer price plus buyer’s premium.

 

View recent coverage of Fortuna in the news.

Belperron Blue Cambodian Chalcedony Cuff

Forbes: Signed Jewels From The Estate of Bo Legendre Will be Sold At Auction

By Anthony DeMarco, Forbes

An eclectic collection of signed modern jewels owned by Bokara “Bo” Legendre, the late heiress to the Sanford family fortune, will be sold by Fortuna Auction on April 25.

Belperron "Cambodian" Chalcedony Cuff

Blue chalcedony “Cambodian” cuff accented by bezel-set sapphires by Suzanne Belperron. Its estimate is $100,000 – $150,000

 

Legendre, who died in December 2017, lived a multifaceted life as an actor, painter, spiritual explorer, world traveler and philanthropist, while spending time at homes in New York, Northern California and the family estate in the South Carolina Lowcountry. Her jewels reflected her artistic and eclectic tastes, pursuing pieces from some of the greatest designers and artists in the mid-20th Century. Legendre’s collection shows she favored yellow gold, colorful gems and intricate designs.

Belperron Diamond Chalcedony Clip

A floral fan brooch enhanced by six marquise-cut diamonds by Suzanne Belperron with an estimate of $20,000 – $30,000

 

Among the highlights of the 68 lots are several pieces from French jewelry designer, Suzanne Belperron, whose unique style and sensually carved designs quickly drew the attention of esteemed clientele, including the Duchess of Windsor, Josephine Baker, Gary Cooper, Daisy Fellowes and Christian Dior. She is known for incorporating rare combinations of minerals and stones in her designs. Important items from Belperron featured in the auction include a sculptural blue chalcedony “Cambodian” cuff accented by bezel-set sapphires, a chalcedony floral fan brooch enhanced by six marquise-cut diamonds, and a ring carved from a single piece of chalcedony accented by three Old European diamonds.

Cartier Art Deco Emerald Diamond Bracelet

Cartier Art Deco Colombian emerald And diamond platinum bracelet with an estimate of $100,000 – $200,000

 

Another mid-20th Century jewelry designer who plays a prominent role in the auction is Fulco di Verdura, the famed Italian jeweler who created colorful sculptural pieces under the Verdura name. Several 18k yellow gold and diamond pieces by Verdura are included in the sale.

Other signed pieces being offered include David Webb, Jean Schlumberger, Bulgari, Harry Winston, Van Cleef & Arpels, Cartier and even David Yurman.

Bulgari Burmese ruby and diamond "Trombino" ring

Bulgari Burmese ruby and diamond “Trombino” ring with an estimate of $15,000 – $25,000

 

Legendre’s jewels represent “one of the most important private collections to come to market in recent times,” said Seth Holehouse, co-CEO of Fortuna, which specializes in jewelry, gemstones and timepieces. “Bo’s infamous sense of humor, fiery personality and extraordinary modernity explain her affinity for Suzanne Belperron, the ultimate modernist with lasting appeal, especially in today’s climate.”

The auction will be held at Fortuna’s New York showroom, 608 5th Avenue, Suite 507. Those interested in bidding can do so in the showroom, online through Fortuna’s website or buy phone. Bidders can also place an absentee bid, which is the highest hammer price one is willing to pay for a particular lot.

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Magnificent Jewels a Record-Breaking Auction for Fortuna

A Pair of Fancy Vivid Yellow Diamond Studs, 4.04ct Total. Achieved $87,500. All prices include buyer’s premiums.

Important White and Yellow Diamond Prices Soar in Magnificent Jewels Auction

In their first-ever Magnificent Jewels auction, Fortuna shattered their previous sale records, with the sale realizing a total of $2.3 million, selling 70% by value. With strong interest around the globe, registered bidders came from 41 countries across six continents. The top price achieved in the sale was $994,000 for a rare 10.33ct D Color Internally Flawless emerald cut diamond ring by Van Cleef & Arpels.

A 5.01ct D IF Emerald Cut Diamond Ring. Achieved $200,000.

 

Asian Private Collectors

Fortuna’s strength in the Asian market continued to shine, with three of the six highest grossing lots being sold to Asian private collectors. “There is a burning desire for important jewelry and gemstones in Asia that far surpasses what we see in the American and European markets. Many of our Asian clients are actively building large private collections, and are very proactive in acquiring large flawless diamonds, gem-quality untreated colored stones, and rare signed pieces. We consistently sell our cover lots and sale highlights to these collectors,” said Anna Lin, Fortuna’s Director of Fine Jewelry, Asia.

7.65ct Fancy Vivid Yellow Diamond Ring. Achieved $237,500.

Diamonds Soar

Important fancy yellow and colorless diamonds stole the show: a pair of Fancy Vivid Yellow diamond ear studs weighing 2.02cts each achieved $81,250, a 7.65ct Fancy Vivid Yellow diamond ring achieved $237,500, a 5.01ct D Color Internally Flawless emerald cut diamond ring achieved $200,000, a 3.05ct D color Internally Flawless marquise cut diamond ring achieved $81,250, and a pair of diamond cluster earrings achieved $75,000.

Oscar Heyman Brothers Art Deco Bracelet. Achieved $27,500.

 

Intense bidding wars erupted for many of the lots including an Art Deco diamond bracelet by Oscar Heyman Brothers which sold for $27,500—nearly three times its low estimate, and a Retro charm bracelet that brought $11,875, triple its low estimate. “Excitement and energy filled the auction room. Many of the lots garnered very intense bidding, going far beyond the opening bid. It was a phenomenal sale for us to end the year with, and we look to 2018 with confidence and optimism,” said John Saxon, Fortuna’s President.

Van Cleef & Arpels 10.33ct D IF Diamond Ring. Achieved $994,000.

 

The cover lot and highlight of the sale was the 10.33ct D Color Internally Flawless emerald cut diamond ring, by Van Cleef & Arpels. The 10.33ct diamond ring was consigned by an affluent collector on the West Coast, and created a buzz of excitement among diamond collectors and connoisseurs. Not only was the diamond graded as the top color and clarity, but was also determined to be Type IIa. Often called “Golconda” diamonds, after the famous mine in India, Type IIa diamonds are the most chemically pure and are highly sought after by collectors. The chemical purity makes a D grade stone look even whiter than other D grade stones, and often gives them a transparent, watery appearance—making them a true treasure to collectors.

 

Cartier Coral Diamond and Emerald Brooch. Achieved $21,250.

Exceptional Growth

The successful Magnificent Jewels auction wrapped up a record-breaking year for Fortuna. Overall sale revenue was up over 300% from 2016, and the recent December auction grossed over 500% more than the December auction of 2016. Fortuna’s no-risk approach to selling, along with their base of private collectors in Asia, has attracted increasing numbers of affluent clients seeking assistance in selling their jewelry and gemstones. “This Magnificent Jewels sale is a major milestone for us. The performance of this sale and the caliber of jewelry and gemstones we sold has shown our strength in selling very important jewelry. We have already seen an increase in private clients contacting us to sell their higher value items,” said Seth Holehouse, Fortuna’s CEO.

 

View Full Sale Results

Entrepreneur Success: Interview with Fortuna Auction’s John Saxon

Fortuna Auction’s President John Saxon was interviewed on IdeaMensch, a site featuring entrepreneurs. Here’s his Q&A:

John is responsible for providing executive leadership, strategic vision, and high-level oversight of global operations and business development for the auction house. John has more than 15 years of experience in business development and growth strategy and holds a Master’s Degree in engineering.

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Antique Trader: Finding favor in the fine jewelry market Copy

By Antoinette (Toni) Rahn, Antique Trader

It’s a match made of gems and jewels for husband and wife business partners Seth Holehouse and Anna Lin, and John and Maria Saxon, owners of Fortuna.

The foursome work side-by-side to bring fine jewelry, from all corners of the world, to auction. Recently, Antique Trader caught up with Seth and John ahead of the company’s Spring Jewels Auction, slated for April 6. The two provide insight about their business operation, today’s secondary jewelry market, and three of the company’s principle strategies to good business.

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Business Success Stories: Interview with Fortuna Auction’s Seth Holehouse

Fortuna Auction’s CEO Seth Holehouse was interviewed on Delpino.net, a site featuring web-based entrepreneurs. Here’s his Q&A:

What kind of business do you run? When did you start it and where is it based?

Fortuna is an auction house that specializes in fine jewelry and gemstones. We began in 2011 and are based in New York City. In the world of auctions, we are fairly young—and that’s a good thing. Having a narrow focus on jewelry gives us an edge over traditional houses, especially in the internet age where the buying landscape is so fragmented. Our auctions are hosted 4-6 times a year. We have bidders live in the sale room, over the phones, and through online platforms from all over the world.

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Terms & Conditions for Buying at Fortuna Auction

By bidding with Fortuna Auction, you are agreeing to the following terms and conditions:

Buyer Premiums

Hammer totals $200,000 and under are subject to 25% buyer premium over hammer price.

Hammer totals of $200,001 to $3,000,000 are subject to 20% buyer premium over hammer price.

Hammer totals of over $3,000,000 are subject to 12% buyer premium over hammer price.

*A 2% service charge will be applied for credit card payments. We do not accept credit card payments for first-time international buyers, or for amounts exceeding $10,000. 

Conditions of Sale for Fortuna Auction

These are the conditions of sale for bidding and buying from Fortuna. These conditions and the contents listed are subject to change by posting of notices online before and up to the sale. We will offer properties in lots. A lot may consist of a single item or a group of items as we may determine. By bidding at any of our auctions, you agree to be bound by the following conditions of sale:

1. Property sold “As Is” 

All property is sold “As Is” and without any express or implied representation or warranty by us. The absence of reference to the condition of property does not imply perfect or imperfect condition. All weights and measurements are approximate. All statements contained in the catalog or in any bill of sale, condition report, invoice, or elsewhere are qualified statements of opinion and not representations or warranties. Fortuna Auction does not guarantee the working condition of any watches sold. All watches and timepieces are sold without warranty.

2. Property Available for Inspection

It is your responsibility to inspect or request additional photographs or condition reports before bidding to determine your level of interest. We encourage inspection to determine property’s condition.

3. Property Withdrawal

We reserve the right to withdraw any property before sale and cannot be held liable for any such action.

4. Right to Reject Bids

We reserve the right to reject any bid. If the auctioneer decides an opening bid is below the value of the lot offered, the auctioneer may reject that bid and withdraw the lot from sale.

5. Lots With Reserves

We may offer lots subject to a “reserve,” which is a confidential minimum price below which a lot will not be sold.

6. Copyrighted Material

The copyright in the text of the catalog, photographs, digital images and illustrations belong to Fortuna or its licensors. You will not reproduce or permit anyone else to reproduce such text, photographs, digital images, or illustrations without Fortuna’s express written consent.

7. Bidding Procedure

The auctioneer may advance bidding in any manner. He may decide, or withdraw or divide any lot or combine two or more lots. In event of a bidding dispute, the auctioneer has final discretion to determine the successful bidder, cancel sale, or resell or reoffer the disputed lot. Consignors are not allowed to bid on their own items.

8. Absentee and Phone Bidding Not Guaranteed

We may permit and execute absentee bidding including written bids, telephone bidding and internet bidding as a convenience to you if you are unable to attend the auction. We are not responsible for any errors related to this type of bidding. You further agree to hold us harmless should we fail to execute.

9. Online Bidding

Fortuna may offer clients the opportunity to bid online via BidSquare, LiveAuctioneers, Invaluable, or any other online platforms for selected sales, By participating in a sale via any of these online platforms, you acknowledge that you are bound by these Terms and Conditions as well as the terms stipulated by the online platform(s). An additional fee of 3%-5% (depending on which platform) applies on lots won online.

10. Title to the Property

Title passes of the fall of the auctioneers hammer to the highest acknowledged bidder subject to these conditions of sale. The successful bidder will immediately pay us the full purchase price.

11. Buyer’s Premium and Tax

The total purchase price to be paid for each lot of property by you is the amount of the successful bid price plus premium. Unless exempt by law, all purchases (including buyer’s premium) are subject to local sales tax.

12. Payments

You will pay the total purchase price for lots won by cash, check, money transfer, or credit card (Visa, Mastercard, Discover, or American Express). We reserve the right to hold the merchandise until cleared or certified funds are received. The buyer will be charged $25 for each check returned for insufficient funds.

13. Property Removal

You must pay for and remove all purchased lots, at your expense. Clients are responsible for shipping costs or cost affiliated with receiving property. If client does not remove purchased property within 20 days of sale, we may consider that property abandoned and rescind the sale on behalf of property owner.

14. Purchaser in Default

If any of the above conditions of sale is not complied with, you will be in default, and you agree that we have the right to pursue any remedies against you, including but not limited to:

a) Holding you liable for total purchase price including buyer’s premium

b) Cancelling the sale of that or any other lots sold to you and reselling property in any manner we determine without reserve.

c) Rejecting any further bids by you or requiring you to place a deposit with us before accepting your bids; or

d) Effecting a combination of any of the aforementioned as well as any other legal or equitable remedies we may have against you.

15. Limitation of Liability

In no event will our liability to you exceed the purchase price actually paid. If any part of these Terms and Conditions is for any reason involid or unenforceable, the rest shall remain valid and enforceable.