lion the plaintiff invokes the rule that where articles have no settled or fixed market value, such as paintings, statues, and vases, and the factor refuses to return them, he is liable for at least the minimum price fixed in the contract with the agent. In
Blot v. Boiceau, 3 N. Y. 78 , the plaintiff consigned to the defendant, in New York, a quantity of wine, to be sold on commission, at a minimum price fixed in the letter of instructions. The defendant;, on receipt of the goods, made advances to the plaintiff, and afterwards sold the goods at public auction to repay his advances, obtaining therefor less than the price mentioned in the letter of instructions. The court held that the defendant was bound by the instructions of his principal, and could not sell for less than the price fixed by the principal, and was liable for the damages consequent upon the sale without authority, and that the price in the invoice ought to be regarded as the value of the goods, if no other evidence of their value had been offered, citing
Stevens v.
Low, 2 Hill, 132 : but that, when the goods have a market value, the party is only liable for such market value. Judge Bronson, in his opinion, adding that “when the consignment is of articles which have no market value,—such, for example, as antique paintings, statues, or vases,—the rule which has been mentioned will not apply.” In
Hinde v. Smith, 6 Lans. 464 , the plaintiff consigned whisky to the defendant, in New York city, to sell at one dollar a gallon, and the defendant sold it for seventy cents a gallon. The court say the defendant was liable for selling contrary to his instructions, but that the measure of damages was the actual market value in New York, but that a different rule obtained in case of articles which have no fixed or known market value. In
Guy v.
Oakley, 13 Johns. 333 , it was held that, where the principal limited his agent as to price, he had no right to sell under it; if he did, he would be liable. The same rule was stated in
La Farge v.
Kneeland, 7 Cow. 456 . It is a general rule that an agent must obey the instructions of his principal, or he will be liable for the damage sustained by the principal.
Johnson v.
N. Y. C. R. R. Co., 33 N._ Y. 610;
Loeb v.
Heilman, 83 id. 601 ;
Comley v. Dazian, 114 N. Y. 161 ; 22 St. Hep. 813. In
Stevens v.
Low, 2 Hill, 132 , the defendant sold certain mattresses to the plaintiff, at an agreed price, payable in certain indorsed notes, delivered to the plaintiff conditionally,—that is, after going to and returning from Boston he was to deliver the notes or return the goods to the defendant in error. On his return Low demanded the goods or the notes, which Stevens refused to deliver. The court, by Justice Cowen, say : “Had the plaintiff below brought
assumpsit, he would have been entitled to the agreed price, subject to a deduction should it turn out in proof that the notes were of less value. * * * The plaintiff below, however, disaffirmed the contract of sale, and treated the defendant as having wrongfully converted the goods to his own use. The action was trover, which goes to the actual value of the goods, with interest. * * * The agreement of parties on the price would be high evidence of value, but there is no rule which would estop the defendant from showing the truth.”