SOLD
140.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2013 Oct 22 @ 12:56UTC-4 : AST/EDT
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1580 Lemoine Ave. , Suite 7, NJ 07670
Turkey, AH 1277 (1861), group of 4 notes, two are 100 Kurush, P-41 Issued banknotes, possibly a color variation, listed with gray underprint, these notes have brownish-red underprint with dark brown printing, The notes grade Fine with edge faults, small edge splits and toning for one and the second would have graded a nice VF to XF but there is a 1.2 inch piece of margin missing that does not touch the design. The other two are 20 Kurush, P-36 Issued banknotes, black on gold underprint, One would grade XF with rounded corner and a small 1/3rd inch tear on the upper right side, the second would grade Fine with edge faults but there is a 1 inch piece of margin missing that does not touch the design on the right middle. Still scarce early group of Turkey banknotes.
Auction Location:
1580 Lemoine Ave., Suite 7, Fort Lee, New Jersey, 07024, United States
Previewing Details:
Monday, October 14th, 2013, 10:00 AM until 5:00 PM At our offices at 1580 Lemoine Ave., Fort Lee, NJ
Thursday, October 17th, 2013, 1:00 PM until 6:00 PM At the Museum of American Finance, 48 Wall St., NY
Friday, October 18th, 2013, 11:00 AM until 3:30 PM At the Museum of American Finance, 48 Wall St., NY
Saturday, October 19th, 2013, Auction Day, Session 1 At the Museum of American Finance, 48 Wall St., NY
Monday, October 21st, 2013, 11:00 AM until 6:00 PM At our offices at 1580 Lemoine Ave., Fort Lee, NJ
Tuesday, October 22nd, 2013, Auction Day, Session 1. 9:00 AM until 2:00 PM At our offices at 1580 Lemoine Ave., Fort Lee, NJ
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
18% |
Additional Fees:
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CONDITIONS OF SALE
THE PLACING OF A BID SHALL CONSTITUTE ACCEPTANCE OF THESE CONDITIONS OF SALE
BIDDING
1. Unless announced otherwise by the auctioneer, all bids are per lot, as numbered in the printed Catalogue. Archives International Auctions, as agent for the consignor or vendor, shall regulate the bidding and shall determine the manner in which the bidding shall be conducted. Archives International Auctions reserves the right to withdraw any lot prior to sale (without liability to any potential purchaser or agent), to re-offer any withdrawn lot, to divide a lot or to group two or more lots belonging to the same consignor or vendor, and to refuse any bid believed not made in good faith. Estimates of sales prices contained in the printed Catalogue reflect the best judgment of Archives International Auctions and are not minimum or upset prices.
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EXHIBITION AND INSPECTION OF LOTS; QUALITY AND AUTHENTICITY
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(b) Each lot is sold as genuine and correctly described, based on individual description as modified by any specific notations in this Catalogue.
(c) Quality. Any lot which a purchaser considers to be incorrectly described may be returned to Archives International Auctions within two weeks of its receipt by such purchaser ("Returning Purchaser"), provided, however, that the same is received by Archives International Auctions within four weeks of the date of the auction; however, Archives International Auctions may, in its discretion, refuse acceptance of such returned lot. If an opinion of a generally recognized authority is desired, the period of time within which a lot must be received by Archives International Auctions will be extended in accordance with Condition of Sale 8. In the event that a dispute cannot be resolved by reference to a generally recognized authority, and Archives International Auctions thereupon undertakes to re-offer the lot with a description identical to the description disputed, the Returning Purchaser shall be liable for the deficiency, if any, between the proceeds of the sale to the Returning Purchaser and the proceeds of a sale to a subsequent purchaser, as well as for all costs and expenses of the re-sale, including commission, and all incidental damages. Any lot, the description of which is disputed, must be returned intact in the condition received by the purchaser. The following lots are not returnable except at the discretion of Archives International Auctions: (i) lots from purchasers who attended the exhibition of the lots; (ii) lots examined by postal viewers; (iii) lots on account of their appearance, if they are illustrated in this Catalogue; or (iv) lots described as having repairs, defects or faults for any reason.
(d) Authenticity. Any lot which is declared otherwise than genuine by a generally recognized authority is returnable, provided such lot is received by Archives International Auctions within four weeks of the date of the auction. Proof that a generally recognized authority declines to express an opinion is normally grounds for the return of a lot.
(e) Expenses incurred a purchaser in the submission and the return of a lot under Conditions of Sale 7 are not subject to refund.
SALES TAX
8. Unless presentation of satisfactory proof that it is exempted by law, a purchaser shall pay to Archives International Auctions New Jersey or New York State and local sales taxes, or any compensating use taxes of any other State claiming jurisdiction. A purchaser shall indemnify Archives International Auctions and hold it harmless of and from any claims of any jurisdiction for sales taxes relating to the purchase of articles at the auction, whenever the same may arise.
APPLICABLE LAW, JURISDICTION, ETC.
9. All matters arising out of this auction shall be governed by the laws of the State of New Jersey without giving effect to the choice of law principles thereof.
ARBITRATION
10. Any controversy or claim arising out of or relating to this auction shall be settled by arbitration in the City of New York, State of New York in accordance with the Rules of the American Arbitration Association and judgment upon the award rendered by the Arbitrator or Arbitrators may be entered in any Court having jurisdiction.
JURISDICTION AND VENUE OF ACTIONS
11. The purchaser at this auction (a) consents and submits to the jurisdiction of the Courts of the State of New Jersey or New York and of the Courts of the United States for a judicial district within the territorial limits of the State of New Jersey for all matters arising out of this auction sale, including, without limitation, any action or proceeding instituted for the enforcement of any right, remedy, obligation and liability arising under or by reason thereof; and (b) consents and submits to the venue of such action or proceeding in the City of Hackensack, County of Bergen, State of New Jersey (or such judicial district of a Court of the United States as shall include the same, and (c) further consents that service of process in any action relating thereto may be effected by registered mail, return receipt requested address to the purchase at the address given to the auctioneer at the time of the sale.
BIDDING STEPS
12. Bidding Steps shall be as follows:
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BIDS BY TELEPHONE
(a) Must be confirmed in writing unless waived by the auctioneer.
(b) Any errors are the responsibility of the bidder.
(c) No bids accepted less than 1 hour before the commencement of the sale.
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PHONE BIDDING DURING THE SALE
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