Bidding Increments
| From: | To: | Increment: |
|---|
| $0 | $199 | $10 |
| $200 | $749 | $25 |
| $750 | $1,499 | $50 |
| $1,500 | $4,999 | $100 |
| $5,000 | $9,999 | $200 |
| $10,000 | $49,999 | $500 |
| $50,000 | $99,999 | $1,000 |
| $100,000 | $249,999 | $2,000 |
| $250,000 | $999,999 | $5,000 |
| $1,000,000+ | | $10,000 |
Terms and Conditions
All property offered and sold through Antiques & Modern, LLC, ("Auctioneer", or "Broker", or the "Company") shall be offered and sold on the terms and conditions set forth in these Conditions of Sale. By participating in any sale, you acknowledge that you are bound by these terms and conditions.
Antiques & Modern, LLC has made every effort to catalogue and describe accurately property to be sold. The Company, however, assumes no risk, liability or responsibility for the identification or authenticity or authorship, or weight, count, or measure of any property identified in its catalogue or lists of sale. This shall include, among others, the identity of the creator, the period, culture, source of origin, as the case may be, with which the creation of any property is identified in any publication.
ALL PROPERTY IS SOLD "AS IS". THE CONSIGNOR MAKES NO WARRANTIES OR REPRESENTATIONS OF ANY KIND WITH RESPECT TO ANY PROPERTY OFFERED FOR SALE, SINCE THE AUCTIONEER IS ACTING SOLELY AS AN AUCTION BROKER, AND, UNLESS OTHERWISE STATED, DOES NOT OWN THE PROPERTY OFFERED FOR SALE. THEREFORE, THE AUCTIONEER MAKES NO WARRANTY OF TITLE, WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY OR REPRESENTATION OF ANY KIND OR NATURE WITH RESPECT TO THE PROPERTY.
The majority of property offered at Antiques & Modern, LLC comes directly from estates and private collections, and may show signs of use and age. The absence of condition remarks in the description DOES NOT mean the item is in perfect condition. We encourage you to thoroughly examine the property before bidding. If you cannot personally inspect a lot, you may request a Condition Report prior to bidding. This service is provided for guidance only, without legal obligation. All lots are sold "AS IS" and there will be NO RETURNS BASED ON CONDITION. Again, prospective buyers are in ALL CASES responsible for determining the physical condition of lots as there are NO RETURNS based on condition.
THERE WILL BE A 20% BUYERS PREMIUM APPLIED TO ALL SALES PLUS AN ADDITIONAL 5% FOR ONLINE BIDS. ALL DEALERS MUST PRESENT A FLORIDA RESALE CERTIFICATE PRIOR TO ACCEPTANCE OF A BIDDERS CARD FOR TAX EXEMPTION, OR A 7% FLORIDA SALES TAX WILL BE APPLIED. THERE ARE NO EXCEPTIONS.
In no event shall it be responsible for the correctness, nor deemed to have made any representation or warranty of description, genuineness, attribution, provenance or condition of the property and no statement by anyone or in the catalogue, in any advertisement, or which is made at the sale, in the bill of sale or invoice, or elsewhere, shall be deemed such a warranty or representation or an assumption of liability. Without in any way waiving the foregoing, any complaint regarding authenticity, genuineness, attribution or provenance shall be made within twenty-five (25) days of the day of sale or such complaint shall be waived. All bidders acknowledge their right to have made or requested full inspection of any and all properties prior to sale and agree to be charged with all matters such inspection may have disclosed or indicated. Inspection on the day of sale will be permitted only upon prearrangement with the COMPANY.
Antiques & Modern, LLC reserves the right to withdraw any property at any time before the fall of the hammer in its sole and exclusive discretion.
The highest bidder acknowledged by the auctioneer shall be the purchaser. In the event of any dispute between bidders, the auctioneer shall have the sole and final discretion either to determine the successful bidder or to re-offer and resell the article in dispute. If any dispute arises after sale, the Company's sale record shall be conclusive in all respects.
If the auctioneer determines that any opening or later bid or any advance of bidding is not commensurate with the value of the article offered, the auctioneer may reject the same and withdraw the article from sale.
Upon the fall of the hammer, title to any offered lot or article will immediately pass to the highest bidder as determined in the exclusive discretion of the auctioneer. Such bidder thereupon assumes full risk and responsibility for the property sold, agrees to sign any requested confirmation of purchase, and agrees to pay the full purchase price therefore or such part upon such terms as the Company may require. All property shall be paid for and removed by the purchaser at his/her expense within seven (7) days of sale and, if not so removed, may be sold by the Company, or sent by the Company to a public warehouse, at the sole risk and charge of the purchaser(s), and the Company may prohibit the purchaser from participating, directly or indirectly, as a bidder or purchaser in any future sale or sales. The Company will not be responsible for any loss, damage, theft, or otherwise responsible for any goods left in the Company's possession after seven (7) days. Clients are welcome to pick up their items from our location or make their own shipping arrangements. However, please be aware that items not picked up or shipped within thirty days following an auction will be repossessed by Antiques & Modern, LLC. If the foregoing conditions or any applicable provisions of law are not complied with, in addition to other remedies available to the Company and the Consignor (including without limitation the right to hold the purchaser(s) liable for the bid price) the Company, at its option, may either cancel the sale, retaining as liquidated damages all payments made by the purchaser(s), or resell the property. In such event, the purchaser(s) shall remain liable for any deficiency in the original purchase price and will also be responsible for all costs, including warehousing, the expense of the ultimate sale, and the Company's commission at its regular rates together with all related and incidental charges, including legal fees. Payment is a precondition to removal. Payment shall be by cash, certified check or similar bank draft, or any other method approved by the Company. Checks will not be deemed to constitute payment until cleared. Credit cards will not be accepted for domestic invoices over $2,000 and International invoices over $500. The Company will charge interest of one and one-half percent (1 1/2%) per month on any balance remaining thirty (30) days after the day of sale. Any exceptions must be made upon the Company's written approval of credit prior to sale.
Unless the sale is advertised and announced as "without reserve", each lot is offered subject to a reserve and the Company may implement such reserves by bidding through its representatives on behalf of the Consignors. In certain instances, the Consignor may pay less than the standard commission rate where the Company or its representative is a successful bidder on behalf of the Consignor. Where the Consignor is indebted to the Company, the Company may have an interest in the offered lots and the proceeds there from other than the broker's Commissions, and all sales are subject to any such interest.
No "buy" bids shall be accepted at any time for any purpose. Any pre-sale bids must be left in writing with the Company prior to commencement of offer of the first lot of any sale. The Company's copy of any such bid shall conclusively be deemed to be the sole evidence of same, and the Company shall not be held responsible for any failure to execute any pre-sale bid.
Condition Reports
The majority of property offered at Antiques & Modern Auction Gallery comes directly from estates and private collections, and may show signs of use and age. The absence of condition remarks in the description DOES NOT mean the item is in perfect condition. We encourage you to thoroughly examine the property before bidding. If you cannot personally inspect a lot, you may request a Condition Report prior to bidding. This service is provided for guidance only, without legal obligation. All lots are sold "AS IS" and there will be NO RETURNS BASED ON CONDITION. Again, prospective buyers are in ALL CASES responsible for determining the physical condition of lots as there are NO RETURNS based on condition.
Payments
1. Condition of Goods: In publishing this catalog, Farmer Auctions has endeavored to accurately describe all items being sold but all property being offered is to be sold "as is". No statement in this catalog, bill of sale, invoice, or elsewhere by any representative of, or person in the employ of Farmer Auctions shall be deemed to be a warranty, representation, or assumption of liability with respect to age, condition, size, quality, variety, importance, provenance, or historical relevance of any of these items. Please note that photographs may have had size modifications for display purposes, or been trimmed to exclude framing, matting, and wide blank margins. Also, variations in color may occur due to digital processing.
Any condition statement, written or verbal, is given as a courtesy to the client, and is only an opinion. It should not be treated as a statement of fact. Farmer Auctions shall have no responsibility for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear, imperfections or aging.
2. Disputes: The Auctioneer will be the final judge as to who is the successful bidder. In the event of any dispute, the Auctioneer shall, at his discretion, decide whether or not to reopen the bidding. Not all submitted bids are able to be recognized as high bids when multiple bidders bid at the same increment.
3. Title to Goods: Title to all merchandise shall pass to the successful bidder at the fall of the Auctioneer's "hammer". The purchaser shall assume full responsibility for the lot purchased once title has passed.
4. Removal of Goods: Delivery and storage shall be available at purchaser's expense and risk. We can recommend several competent shippers and make arrangements for long-term storage or worldwide shipping (please see shipping below). Otherwise, all property must be removed from the premises within five (5) days of the sale conclusion.
5. Shipping: Farmer Auctions does not have a shipping department. If you are in need of a shipper in order to receive your purchases, we have compiled a list of shippers in our area. Contact them directly to obtain quotes for the packaging prior to the auction and then after the auction for delivery of your items, or make your own arrangements.
The Packaging Store
Attention: Rick Hayes
3916 Brambleton Avenue
Roanoke, VA 24018
(540) 772-0999
packstore@va203.roacoxmail.com
The UPS Store
Attention: Steve or Gary
(540) 387-0077
store2167@theupsstore.com
Purchases will only be released to the shipper when they are paid in full (by credit card approval or when checks clear the bank) to Farmer Auctions. Payment for shipping is due directly to the shipper. Please notify us of the shipper you will be using.
6. Payment Terms: All accounts are to be settled within 48hrs after the end of the sale. Payment may be made by cash, traveler's check, Visa, Mastercard, or personal check if you are a prior customer. All others must obtain prior approval. Approval will be granted upon presentation of a "letter of guarantee" from an officer of your bank on original stationery. This letter should state an exact amount of funds guaranteed and should be presented to the cashier at time of registration. In any event, Farmer Auctions reserves the right to hold all merchandise paid for by check until such check has cleared and receipt of funds is verified. There will be a $25.00 return check fee on all returned checks.
7. Sales Tax: Pursuant to the laws of the Commonwealth of Virginia, all sales, including buyer's premiums, are subject to the collection of a 5.3% sales tax. For online bidders, we must charge sales tax if the buyer lives in Virginia or picks up in Virginia. You may present a valid resale license and complete the necessary Virginia certificate for Sales Tax Exemption (available from Farmer Auctions). Lots shipped out of state are not subject to VA state sales tax.
8. Buyer's Premium: All online bidders pay an 20% buyer's premium, regardless of payment method. All bidding at auction and all purchases will be in U.S. Dollars.
9. Errors: Farmer Auctions is not responsible for any typographical or any other error or omission in this catalogue or subsequent price key. Farmer Auctions reserves the right to withdraw any property before the sale.
10. Estimates: Any estimates provided are our opinion of the price that a willing buyer would pay for the property at auction. These estimates are opinion based, where possible, on prices paid for comparable items sold in the past. They are neither a representation nor a prediction of the actual selling price that will be realized at auction, post-auction sale, or upon resale, which may be substantially different from these estimates. We shall not be liable in any way for such a difference.
11. Exhibition: Prior to every sale we have an exhibition of the items in the catalogue. Our staff is present to answer questions about items and to offer help with the auction process. Preview will be two hours before sale time on both days, or by appointment.
12. Absentee/Telephone/Internet Bidding: As a service to our customers, Farmer Auctions will execute absentee bids if so authorized in writing under the provisions herein specified. Absentee bids should be made on the Absentee Bid Form provided in each catalogue. This form should be clearly and completely filled out and accompanied by a valid credit card. All absentee bids will be executed competitively during the sale; items will be purchased for the lowest price possible. Farmer Auctions cannot accept "buy" bids. In the event of tie bids between absentee bidders and those in attendance, preference will be given to the attending bidder. Where two absentee bidders bid the same amount, the first received will be honored. Telephone bidders also should submit a completed absentee bid form. Upon receipt of a properly executed bid form, we will make arrangements to call you just prior to your lot(s) of interest being offered. Please note that we will have limited time to try calling you once. Make sure that the phone number you have given us is correct and that your line will be open during the auction. Successful buyers will be notified within three (3) days of the sale. Professional specialists handle all shipping and delivery, and if you are a successful bidder, we will give you proper information so you can contract directly with the proper company. This service is offered as a convenience and Farmer Auctions will not be responsible for any errors or failures to properly execute absentee or telephone bids. Absentee and phone bids will not be guaranteed after 12pm on the Friday prior to the sale.
13. Agreement to Terms: In bidding on any lot here offered, the bidder indicates acceptance of these Terms and Conditions of Sale. Title of each lot passes when the auctioneer says, "Sold". Thereafter, any loss by fire, theft, breakage, or any other cause is the sole responsibility of the purchaser. Merchandise must be packed and transported by the purchaser at his own risk and expense. If any employee or agent of Farmer Auctions shall pack or transport the merchandise, it is fully at the risk, responsibility and expense of the purchaser and Farmer Auctions shall not be liable for any loss or damage that may be caused by such employee or agent.
14. Bidder Responsibility: The bidder is responsible for knowing on which item(s) he or she is bidding. If unsure, the bidder should inquire, or not bid. When becoming the winning bidder at auction, you have affected a contract and will be expected to pay for items in which you were evidenced to be the successful bidder. Auctioneer will not honor "mistakes". Should the bidder end up with an item he or she did not intend to purchase, that bidder may resell it directly to another person at the end of the auction. Do not concern the auctioneer with this, as no sales will be voided and no items will be offered for resale. Also, please note that all items and contents in any furniture or articles sold are reserved unless otherwise announced. This includes items in drawers and other areas undiscovered by our presale workers.
15. Acceptance of Bids: The Auctioneer reserves the right to accept or reject bids in any increment which the auctioneer deems to be in the best interest of the client, the seller. POOLS: Pools are associations of dealers or collectors formed with the purpose of keeping down auction prices for the benefits of its members. They are illegal in the United States and England. They have never occurred at our auctions, and under no circumstance will they ever be permitted.
16. Check Out: In order for items to be removed during the auction the buyer must obtain a copy of their invoice from the clerk and present it at the door. No items will be permitted to leave the gallery without a printed invoice. Payment in full is due at the conclusion of the sale or upon leaving the auction. If a checkout area is set up, no items can be removed until full payment has been made.
17. Announcements: All announcements from the auction block will take precedence over any printed matter with the exception of "condition," as previously outlined in paragraph 1. For additional information regarding these Terms and Conditions of Sale, or any other matter relevant to this auction, please contact us for specific information not included in the catalogue description: Farmer Auctions, 1713 Midland Rd, Salem Virginia 24153 (540) 384-0100 fax# (540) 387-2033 Telephone inquiries may be made between 9am and 5pm EST.
18. Sale Results: Results will be available by phone no earlier than 5pm on our first business day following the auction, or as soon as Farmer Auctions has audited and verified all sales. Please do not call prior to this time for results, as they will not be given out under any circumstances. Sale results will be posted on our website within two weeks after the sale. We thank you for your understanding in this matter. Farmer Auctions retains all rights to copyright and other intellectual property contained in this catalogue.
19. Firearms: Know your State/Federal firearms laws BEFORE bidding. We are a licensed FFL Dealer. All federal and state firearm laws govern every aspect of this auction and any infraction of the law will immediately be reported to local law enforcement and the ATF. You must be 18 to purchase rifles or shotguns and 21 to purchase a handgun. There is no inspection period for your purchase, ALL GUN SALES ARE FINAL. You are responsible for knowing if your state bans a certain type of firearm/ammo/accessory from being shipped to you. All Virginia residents purchasing modern firearms produced after January 1st, 1899 must complete a Virginia State Police background check in our Salem, VA gallery. There is a $2 processing fee per background check. The only exception is a licensed Federal Firearms Dealer or Curio & Relic Collector License holder. Assault Rifles and accessories require additional identification per Virginia State Police requirements. All out of state firearm buyers are responsible for shipping costs and obtaining approval from a licensed FFL dealer to accept your purchase. A current signed copy of the receiving FFL licensee is required to be sent to our office in order to allow the firearm to be shipped. Please fax to 540-387-2033 or email info@farmer-auctions.com. Do not purchase firearms for someone else. Only the registered bidder is able to pay and pickup firearms from the gallery.
20. Ownership / Affiliation: Farmer Auctions is owned by Hines Services LLC of Radford Virginia, VAAF#1007
Shipping
Suggested Shippers: Eagle Shipping Center, phone: 561-753-5599, e-mail: eagle8983@comcast.net --OR-- UPS Store #5806, phone: 561-752-4250, e-mail store5806@theupsstore.com --OR-- Pakmail, phone: 561-491-8800, e-mail: pakmail703@yahoo.com
Antiques & Modern Auction Gallery takes no responsibility for any acts or omissions of any of these vendors. Antiques & Modern Auction Gallery will not be liable in any way once items have left our premises. We suggest purchasing insurance for the full value of your item.
Antiques & Modern Auction Gallery does not provide shipping services or shipping estimates. Clients are welcome to pick up their items from our location or make their own shipping arrangements. However, please be aware that items not picked up or shipped within thirty days following an auction will be repossessed by Antiques & Modern Auction Gallery.
Buyer's Premium
The buyer's premium is 20% of the hammer price. All bids with Invaluable, Auctionzip or it's affiliated sites will be charged an additional 5%. Applicable sales tax will also be added to the final total.
Buyer's Premium
The buyer's premium is 20% of the hammer price. All bids with Invaluable, Auctionzip or it's affiliated sites will be charged an additional 5%. Applicable sales tax will also be added to the final total.
Sales Tax
If a buyer has a purchase shipped out of Florida via a licensed shipper, applicable sales tax will not be assessed. Florida dealers must present a Florida resale certificate prior to bidding for tax exemption or a 7% Florida sales tax will be applied.
Sales Tax
If a buyer has a purchase shipped out of Florida via a licensed shipper, applicable sales tax will not be assessed. Florida dealers must present a Florida resale certificate prior to bidding for tax exemption or a 7% Florida sales tax will be applied.
