Dear Mr. Marcus,

This letter summarizes our telephone conversation and outlines the terms of our agreement. You will sell and I will purchase a pre-owned Cartier Panther watch (with three bands of 18K gold) for $2,600 plus $25 shipping, handling and insurance (no sales tax charged). You will ship me the watch today in the amount of the purchase price, a copy of which check is attached. I can return the watch to you within 10 business days of receipt if I am not satisfied with the watch for any reason and you will return my money promptly upon such return.

Please acknowledge your acceptance of these terms by signing below as indicated and telecopying the signed letter back to me. I enjoyed talking to you and doing business with you.

Please send the watch to my office address, indicated above.

Sincerely yours,
Art Simon