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You will realize furthermore that for instance in the case of the Ciborium or the painting by Van Dyck, we would have to clean them before being able to reach any sort of opinion. such operations always entail certain risks and we therefore wouldn't undertake such work without being completely released from all responsibility. 

Now as regards the conditions under which you would consign these items to us, I would like to hear what your ideas of prices are and furthermore, whether we would have them at net prices or whether we would be handling them on a commission basis. 

It would be understood, of course, that the items which we would agree on would be exclusively in our hands for a given period, as you well know that in our business months might be needed to close a deal.

Looking forward to hearing from you, I am,
                        
    
Yours very sincerely,

(Germain Seligmann)


A.N. van Vleck, Eaq.,Vice Pres.,
Guaranty trust Co. of N.Y.,
5th. Avenue at 44th. St.,
New York, New York.