Live bidding may start higher or lower
Buyer's Premium
CHF1 - 100,000:30.0%
CHF100,001 - 1,500,000:25.0%
CHF1,500,001+:17.0%
Bidding Increments
From: | To: | Increment: |
---|
CHF0 | CHF999 | CHF50 |
CHF1,000 | CHF1,999 | CHF100 |
CHF2,000 | CHF4,999 | CHF200 |
CHF5,000 | CHF9,999 | CHF500 |
CHF10,000 | CHF19,999 | CHF1,000 |
CHF20,000 | CHF49,999 | CHF2,000 |
CHF50,000+ | | CHF5,000 |
CONDITIONS OF SALE
The auction is a public auction held by Antiquorum Genève SA (hereinafter "Antiquorum") on behalf of the consignors of the lots being sold. A person's participation in the auction and/or purchase of any lots constitutes an agreement to be bound by these Conditions of Sale as well as all rights and obligations arising therefrom. The Important Notices contained in this catalogue are deemed to be a part of these Conditions of Sale and are hereby incorporated in their entirety into these Conditions of Sale. Except as amended by Antiquorum in its sole and absolute discretion by the posting of notices or oral announcement at the auction or otherwise, these Conditions of Sale together with the Important Notices and the other contents of this catalogue constitute a full recitation of the terms and conditions under which sales are conducted and may not be amended except in a writing acknowledged by Antiquorum. Unless otherwise agreed in writing by Antiquorum these Conditions of Sale shall apply to auction sales as well as all other sales made by Antiquorum. Antiquorum accepts no responsibility for and shall not be liable for any defaults by any Buyers or Consignors. The auction is held by a Huissier Judiciaire of the Canton of Geneva (hereinafter "the Auctioneer"). The Auctioneer reads the essential clauses at the start of the auction. These Conditions of Sale are available on request and are displayed in the sale room during the auction. The French version of these Conditions of Sale is the authoritative and binding text.
1.LOTS OFFERED FOR SALE
Before the sale, all lots may be examined at the exhibition times listed in the catalogue. All interested persons including, without limitation, bidder's representatives and auction agents are understood to have examined all lots which they purchase and to accept them as they are at the moment of the fall of the Auctioneer's hammer and not necessarily as described in any written material or oral communications. Those personsinterested in purchasing any of the lots being sold shall be responsible for examining the lots personally to confirm their actual condition. All lots are sold "as is" according to their condition at the moment of the fall of the Auctioneer's hammer. Buyer acknowledges that it is the responsibility of buyer to fully inspect each lot before bidding and hereby represents that the amounts bid for any lot are based solely on buyer's own independent inspection and evaluation of that lot.
Antiquorum has included in the catalogue estimates of the value of the lots to be sold. Such estimates have been developed using such experts, tests and other methods as Antiquorum has deemed in its sole discretion to be appropriate under the circumstances. Antiquorum shall have no liability whatsoever relating to estimates of value attributed to the lots and all participants in the auction shall be responsible for reaching their own conclusions as to the value of the lots. Neither Antiquorum nor the consignor is responsible for any errors and omissions in the catalogue or any advertisements or other written material, it being understood that any description or statement therein does not constitute a warranty or representation and is provided for identification purposes only.
Unless specified in the catalogue, lots are subject to reserve price which is a confidential minimum amount the consignor is willing to accept. If the reserve price is not reached, the Auctioneer may withdraw the lot from the sale. The Auctioneer may open bidding on any lot below the reserve by placing a bid on behalf of the consignor. The Auctioneer may continue to bid on behalf of the consignor up to the amount of the reserve, either by placing successive or consecutive bids for a lot, or by placing bids in response to other bidders.
Except for the limited warranty, contained in section 2 below, all lots are sold without any representations or warranties by Antiquorum or the consignor as to merchantability, fitness for a particular purpose, rarity, importance, the correctness of the catalogue or other description concerning the author, maker, origin, period, age, attribution, authenticity, provenance, weight or condition of any object. No statement (whether oral or written, made in the catalogue, an advertisement, a bill of sale, posting, announcement or elsewhere) whether made by any employee or
agent of Antiquorum shall be deemed to be a warranty, representation or assumption of liability. Neither Antiquorum nor the consignor have any responsibility whatsoever for any defect in or deterioration of any lot.
2.LIMITED WARRANTY
Except as otherwise provided in the paragraph immediately following, Antiquorum warrants that, upon the consummation of the sale of any lot under the terms and conditions contained in this catalogue, clear and unencumbered right, title and interest in and to such lot shall pass to the buyer. Antiquorum guarantees for a period of one (1) year from the date of sale that the authorship of each lot in this catalogue is as set out in the bold or capitalized type in the catalogue description of the lot. Antiquorum makes no warranties, whatsoever, whether express or implied, with respect to any, material in the catalogue other than that appearing in the bold or capitalized heading subject to the exclusions below. Antiquorum does not guaranty that all component parts of any timepiece are original
to the timepiece.
The guarantee does not apply if the catalogue description was in accordance with the opinion of generally accepted experts and specialists at the date of the sale, or the catalogue description indicated that there was a conflict of such opinions.
The guarantee is provided for a period of one (1) year from the date of the relevant auction, is solely for the benefit of the original purchaser of record and is not transferrable. In the event of any claim by the original purchaser regarding a bold or capitalized provision, said purchaser must (i) notify Antiquorum in writing within 7 days of receiving any information that causes the original purchaser of record to question the accuracy of the bold or capitalized type heading, specifying the lot number, date of the auction at which it was purchased and reasons for such question: and (ii) return the lot to Antiquorum at the original selling location in the same condition as at the date of sale to the original purchaser of record and be able to transfer good title to the lot, free from any third party claims arising after the date of such sale.
Antiquorum has discretion to waive any of the above requirements. It is specifically understood and agreed that the rescission of a sale and the refund of the original purchase price paid (the successful hammer price, plus the buyer's premium) is exclusive and in lieu of any other remedy which might otherwise be available as a matter of law, or in equity. Antiquorum and the consignor shall not be liable for any incidental or consequential damages incurred or claimed, including without limitation, loss of profits or interest. Other than the limited warranty and guarantee provisions above, Antiquorum and the consignor make no representations, warranties or guarantees regarding the lots sold hereunder.
3.THE AUCTION
The auction will be conducted in French but the bidding may be translated also into English.
The purchase price payable by a buyer will be the sum of the final bid price plus the buyer's premium, together with any applicable sales or compensating use tax. In addition to the hammer price, the buyer's premium is payable as follows: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% from CHF 1,500,001. Antiquorum may in its sole and absolute discretion and at any time withdraw, group differently or divide any lot included for sale and shall have no liability whatsoever for the same.
Antiquorum reserves the right to refuse any bids in its full and absolute discretion. In the event of any dispute between bidders, or any other issue with respect to the bidder, the Auctioneer will have absolute discretion to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the article in dispute. His/her decision is recorded in the sale report which is conclusive.
Bidding shall generally be increased in increments of 10%, however, the Auctioneer may modify bidding increments from time to time at his/her absolute discretion. The minimum bid is communicated during the auction. Any person bidding for the account of a third party is fully liable for any obligation assumed by such person relating to the sale. This liability includes, without limitation, the verification of the condition and valuation of lots and the payment for lots purchased. Although Antiquorum, in its sole discretion, may execute absentee bids (written bids left with Antiquorum prior to sale) or accept telephone and internet bids as a convenience to clients who are not present at auction, Antiquorum is not responsible for failing to execute such bids or for any errors or omissions in connection therewith.
4.PAYMENT
Title to the offered lot passes to the buyer upon the fall of the Auctioneer's hammer and the announcement by the Auctioneer that the lot has been sold, subject to compliance by the buyer with all other conditions of sale, including full payment as required hereunder. Buyer shall have no right to revoke acceptance of any lot after the fall of the hammer. The buyer thereupon assumes full risk and responsibility for the lot.
The buyer shall immediately pay the full purchase price, buyer's commission and all applicable sales and other taxes in Swiss francs using a method of payment acceptable to auctioneer (including Swiss currency, bank wire).
Payment in foreign currencies is accepted at the rates of exchange of the day of sale as determined by Antiquorum. Lots are delivered to the buyer only upon the full payment of all such amounts. Shipping and packing arrangements and charges are the sole responsibility of the buyer. After payment has been made in full, Antiquorum may, as a service to the buyer, arrange to have the purchased lots packed, insured and shipped at the buyer's request and expense. In this event, the buyer agrees that all said packaging, handling and shipping is at the sole risk of the buyer and that Antiquorum shall have no liability for any loss or damage to thepurchased lots. Antiquorum may move the property to an off-site storage at the risk of the buyer. Buyer will be required to pay all applicable taxes, or fees levied by any authority (unless Antiquorum receives satisfactory proof of exemption, to be determined in Antiquorum's sole discretion).
A 8% VAT is applicable to each sale. VAT will be entirely refunded upon receipt of an export declaration validated by the Swiss Federal Customs Administration.
It is expressly agreed that consignor shall only receive payment for a lot provided Antiquorum has received full payment from buyer, including such lost commissions and administrative and handling charges.
5.REMEDIES, APPLICABLE LAWS AND JURISDICTION
To the extent that any other information or provision set forth in this catalogue is inconsistent with the Conditions of Sale, the Conditions of Sale shall be controlling. If the buyer fails to comply with any of these Conditions of Sale,Antiquorum may (in addition to asserting all remedies available by law), (i) hold such defaulting buyer liable for the purchase price; (ii) cancel the sale; (iii) resell the property without reserve at public auction or privately on seven days' notice to the buyer; (iv) pay the consignor an amount equal to the net proceeds payable in respect of the amount bid by the defaulting buyer and then resell the property to a third party without reserve at public auction or privately on fifteen (15) days written notice to such buyer; or (v) return the lot to the consignor, provided forty-five (45) days have elapsed and no payment has been received from buyer; or (vi) take such other action as Antiquorum deems necessary or appropriate. If Antiquorum resells the property pursuant to clause (iii) or (iv) above, the defaulting buyer shall be liable for the payment of any deficiency between the purchase price and the price obtained upon resale and all costs and expenses, including administration, handling, insurance, warehousing, the expenses of both sales, reasonable attorneys' fees, commissions, incidental damages and all other charges due hereunder. In the event that such buyer pays a portion of the purchase price for any or all lots purchased, Antiquorum shall apply the payment received to such lot or lots as Antiquorum, in its sole discretion, deems appropriate.
Any buyer who fails to comply with these Conditions of Sale will be deemed to have granted Antiquorum a security interest in, and Antiquorum may retain as collateral security for such buyer's obligation to it, any property in Antiquorum's possession owned by such buyer. This security interest secures the principal amount of any such claim and also any outstanding or accruing interest, commissions, costs and all other fees as well as any and all damages suffered by Antiquorum. Antiquorum is entitled, but not obliged, to realize freely the security interests without further formalities and without previous notice to the buyer who is in default of payment on his debt or in the fulfilment of any other obligation hereunder. In any event, Antiquorum will be entitled to realise its security on a private treaty basis. For this purpose, Antiquorum is not bound to comply with the the formalities of the Federal Law dealing with actions for debt and bankruptcy proceedings ; in addition, Antiquorum may choose to institute or proceed with the usual proceedings witjout having beforehand sold the secured goods and without having moreover given up its rights to them. Payment will not be deemed to have been made in full until Antiquorum has collected sufficient funds. In the event the buyer fails to pay any or all of the total purchase price for any lot and Antiquorum nonetheless elects to pay the consignor any portion of the sale proceeds, the buyer acknowledges that Antiquorum shall have all of the rights of the consignor to pursue the buyer for any amounts paid to the consignor, whether at law, in equity, or under these Conditions of Sale.
The buyer's sole and exclusive remedy against Antiquorum and the consignor shall be the rescission of the sale and the refund of the original purchase price paid for the lot. This remedy shall be in lieu of any other remedy which might otherwise be available as a matter of law, and neither Antiquorum nor the consignor shall be liable, in whole or in part, for any special, incidental or consequential damages, including, without limitation, loss of profits.
By bidding at the auction, whether present in person or by agent, by absentee bid, telephone, internet, or other means, the buyer shall be deemed to have consented to the following: this agreement shall be interpreted and enforced according to Swiss law by the Courts of the Canton of Geneva and the buyer hereby irrevocably and unconditionally submits to the exclusive jurisdictions of the Courts of Geneva, subject to appeal to the Swiss Federal Court, over any suit, action or proceeding arising out of or relating to this agreement. The buyer hereby irrevocably and unconditionally waives any objection to the laying of venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. The buyer agrees that a final judgment in any such suit, action or proceeding brought in any such court shall be conclusive and binding upon the buyer and may be enforced in any other courts to whose jurisdiction the buyer is or may be subject, by suit upon such judgment;
• No waiver, delay, modification or breach of any provision of this agreement by Antiquorum shall constitute a waiver of any preceding or succeeding breach of the same or any other provision hereof.
• If any part or provision of this agreement is, for any reason, adjudged unenforceable, such adjudication shall in no way affect any other part or provision of this agreement or the validity or enforcement of the remainder of this agreement, and the part or provision affected shall be curtailed or altered only to the minimum extent necessary to make it conform to the applicable law.
BANK REFERENCES
Account Name: Antiquorum Genève SA
Bank: UBS
IBAN No.: CH850024024012115501X
SWIFT No.: UBSWCHZH80A
Account No.: 0240-121155.01X
REMEDIES, APPLICABLE LAWS AND JURISDICTI
To the extent that any other information or provision set forth in this catalogue is inconsistent with the Conditions of Sale, the Conditions of Sale shall be controlling. If the buyer fails to comply with any of these Conditions of Sale,Antiquorum may (in addition to asserting all remedies available by law), (i) hold such defaulting buyer liable for the purchase price; (ii) cancel the sale; (iii) resell the property without reserve at public auction or privately on seven days' notice to the buyer; (iv) pay the consignor an amount equal to the net proceeds payable in respect of the amount bid by the defaulting buyer and then resell the property to a third party without reserve at public auction or privately on fifteen (15) days written notice to such buyer; or (v) return the lot to the consignor, provided forty-five (45) days have elapsed and no payment has been received from buyer; or (vi) take such other action as Antiquorum deems necessary or appropriate. If Antiquorum resells the property pursuant to clause (iii) or (iv) above, the defaulting buyer shall be liable for the payment of any deficiency between the purchase price and the price obtained upon resale and all costs and expenses, including administration, handling, insurance, warehousing, the expenses of both sales, reasonable attorneys' fees, commissions, incidental damages and all other charges due hereunder. In the event that such buyer pays a portion of the purchase price for any or all lots purchased, Antiquorum shall apply the payment received to such lot or lots as Antiquorum, in its sole discretion, deems appropriate.
Any buyer who fails to comply with these Conditions of Sale will be deemed to have granted Antiquorum a security interest in, and Antiquorum may retain as collateral security for such buyer's obligation to it, any property in Antiquorum's possession owned by such buyer. This security interest secures the principal amount of any such claim and also any outstanding or accruing interest, commissions, costs and all other fees as well as any and all damages suffered by Antiquorum. Antiquorum is entitled, but not obliged, to realize freely the security interests without further formalities and without previous notice to the buyer who is in default of payment on his debt or in the fulfilment of any other obligation hereunder. In any event, Antiquorum will be entitled to realise its security on a private treaty basis. For this purpose, Antiquorum is not bound to comply with the the formalities of the Federal Law dealing with actions for debt and bankruptcy proceedings ; in addition, Antiquorum may choose to institute or proceed with the usual proceedings witjout having beforehand sold the secured goods and without having moreover given up its rights to them. Payment will not be deemed to have been made in full until Antiquorum has collected sufficient funds. In the event the buyer fails to pay any or all of the total purchase price for any lot and Antiquorum nonetheless elects to pay the consignor any portion of the sale proceeds, the buyer acknowledges that Antiquorum shall have all of the rights of the consignor to pursue the buyer for any amounts paid to the consignor, whether at law, in equity, or under these Conditions of Sale.
The buyer's sole and exclusive remedy against Antiquorum and the consignor shall be the rescission of the sale and the refund of the original purchase price paid for the lot. This remedy shall be in lieu of any other remedy which might otherwise be available as a matter of law, and neither Antiquorum nor the consignor shall be liable, in whole or in part, for any special, incidental or consequential damages, including, without limitation, loss of profits.
By bidding at the auction, whether present in person or by agent, by absentee bid, telephone, internet, or other means, the buyer shall be deemed to have consented to the following: this agreement shall be interpreted and enforced according to Swiss law by the Courts of the Canton of Geneva and the buyer hereby irrevocably and unconditionally submits to the exclusive jurisdictions of the Courts of Geneva, subject to appeal to the Swiss Federal Court, over any suit, action or proceeding arising out of or relating to this agreement. The buyer hereby irrevocably and unconditionally waives any objection to the laying of venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. The buyer agrees that a final judgment in any such suit, action or proceeding brought in any such court shall be conclusive and binding upon the buyer and may be enforced in any other courts to whose jurisdiction the buyer is or may be subject, by suit upon such judgment;
• No waiver, delay, modification or breach of any provision of this agreement by Antiquorum shall constitute a waiver of any preceding or succeeding breach of the same or any other provision hereof.
• If any part or provision of this agreement is, for any reason, adjudged unenforceable, such adjudication shall in no way affect any other part or provision of this agreement or the validity or enforcement of the remainder of this agreement, and the part or provision affected shall be curtailed or altered only to the minimum extent necessary to make it conform to the applicable law.
PAYMENT
Title to the offered lot passes to the buyer upon the fall of the Auctioneer's hammer and the announcement by the Auctioneer that the lot has been sold, subject to compliance by the buyer with all other conditions of sale, including full payment as required hereunder. Buyer shall have no right to revoke acceptance of any lot after the fall of the hammer. The buyer thereupon assumes full risk and responsibility for the lot.
The buyer shall immediately pay the full purchase price, buyer's commission and all applicable sales and other taxes in Swiss francs using a method of payment acceptable to auctioneer (including Swiss currency, bank wire).
Payment in foreign currencies is accepted at the rates of exchange of the day of sale as determined by Antiquorum. Lots are delivered to the buyer only upon the full payment of all such amounts. Shipping and packing arrangements and charges are the sole responsibility of the buyer. After payment has been made in full, Antiquorum may, as a service to the buyer, arrange to have the purchased lots packed, insured and shipped at the buyer's request and expense. In this event, the buyer agrees that all said packaging, handling and shipping is at the sole risk of the buyer and that Antiquorum shall have no liability for any loss or damage to thepurchased lots. Antiquorum may move the property to an off-site storage at the risk of the buyer. Buyer will be required to pay all applicable taxes, or fees levied by any authority (unless Antiquorum receives satisfactory proof of exemption, to be determined in Antiquorum's sole discretion).
A 8% VAT is applicable to each sale. VAT will be entirely refunded upon receipt of an export declaration validated by the Swiss Federal Customs Administration.
It is expressly agreed that consignor shall only receive payment for a lot provided Antiquorum has received full payment from buyer, including such lost commissions and administrative and handling charges.
Credit CardS Major credit cards are accepted (3% ser- vice charge for MasterCard, Visa and 2,59% for American Express).
Payment
Payment for purchased lots at any Antiquorum auction is due within 7 days of the sale date.
• For traditional auctions, the buyer's premium is: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% from CHF 1,500,001.
• Extended payment terms or special credit terms can be arranged on occasion.
• For information regarding payment policies, please contact accounting department at Antiquorum Auctioneers (Geneva), Tel. +1 41 (0)22 909 28 50.
• Payment methods Payment may be submitted in cash, by wire transfer, check or credit card (restrictions apply).
• Wire transfer Please refer to the wire transfer instructions as shown on your customer invoice.
• Cash, Money Orders or Travelers Checks is limited to the equivalent of CHF 10,000.
• Credit cards Major credit cards are accepted (3% service charge for MasterCard, Visa and 2,59% for American Express).
Shipping Terms
Shipping and packing arrangements and charges are the sole responsibility of the buyer. After payment has been made in full, Antiquorum may, as a service to the buyer, arrange to have the purchased lots packed, insured and shipped at the buyer's request and expense. In this event, the buyer agrees that all said packaging, handling and shipping is at the sole risk of the buyer and that Antiquorum shall have no liability for any loss or damage to thepurchased lots. Antiquorum may move the property to an off-site storage at the risk of the buyer. Buyer will be required to pay all applicable taxes, or fees levied by any authority (unless Antiquorum receives satisfactory proof of exemption, to be determined in Antiquorum's sole discretion).
Winning lots (watches only) are exported to our Hong Kong office for buyers having selected the collect point Hong Kong.
All others will be shipped directly to their location as per buyer's instructions.
Please note that buyers are responsible for all shipping fees and any other applicable fees including value added tax, customs duties etc… for importation to their respective countries.
Due to the change in our Global Shipping Policy, all winnings lots from the Geneva auction with shipping destination in the USA, will be shipped directly from Geneva.
In addition, purchased items will no longer be available for pick-up at Antiquorum USA, Inc., New York.
LIMITED WARRANTY
Terms & conditions
BUYER PREMIUM
There is a 20% buyer's premium added to the hammer price of items sold via internet live auctions. Winning bidder participating in house or via telephone absentee bids will be subject to a 15% buyer's premium if paying by cash or approved check, otherwise there be a 17% buyer's premium for use of credit/debit cards.
CONDITION OF LOTS
All items are sold "AS IS" and there will be no returns based on condition. The items sold are often of considerable age and will exhibit wear usage and damage often not listed in the catalog entry. The absence of condition remarks in the catalog entry DOES NOT mean the item is in perfect condition. Prospective buyers are in ALL CASES responsible for determining the physical condition of lots. No employee or agent of Applebrook Auctions is authorized to make on our behalf or on that of the consignor any representation or warranty, oral or written, with respect to any property. Therefore, if a prospective bidder has not examined the property to their satisfaction before the sale, or his/her agent has not inspected the property, Applebrook Auctions recommends that they not bid on the property. All dimensions are approximate. Therefore, all lots are sold " AS IS" except for the limited warranty contained here in, and neither we nor the consignor makes any warranties or representations, express or implied, as the title, merchantability, fitness, or condition with respect to such lots. All statement contained in the catalog or in any bill of sale, invoice, or elsewhere as to authorship, period, source, origin, measurement, quality, rarity, provenance, importance, exhibition and literature of historical relevance, or physical condition ARE QUALIFIED STATEMENTS OF OPINION AND NOT REPRESENTATIONS OR WARRANTIES,
We and the Consignors are not responsible for errors or omissions in the catalogue or any supplement material.
The purchaser expressly acknowledges and agrees that in no event should Applebrook Auctions be liable for any damages including, without limitation, any compensatory, incidental, or consequential damages. Applebrook Auctions reserves the right to modify a catalog description, if upon further research and inspection new information has become available. Applebrook Auctions agrees to notify all absentee bidders for that lot of the change prior to the auction, and will make an announcement regarding the change during the auction. There are no returns or refunds. .
BIDDING
On the fall of the auctioneer's hammer, title to the offered lot will pass to the highest bidder acknowledged by the auctioneer, and such bidder there upon assumes full risk and responsibility, and will pay the full purchase price plus buyer's premium and any applicable fees such as sales tax and shipping IMMEDIATELY upon receipt of invoice
All lots will be sold in numerical order according to the printed catalogue and approximately 70-80 lots will be offered per hour. If you are unable to attend the auction in person, but wish to participate, Applebrook Auctions offers two convenient ways for you to do so: absentee bidding and telephone bidding. Absentee bids & telephone bids will be executed only with a signed bid form.
* Bidding on any item indicates your acceptance of these terms and conditions.*
NO ABSENTEE BIDS WILL BE ACCEPTED AFTER 4PM ON AUCTION DAY, AND NO PHONE BIDS WILL BE ACCEPTED AFTER 7pm on the day prior to an auction (There will be no exceptions). All forms need to be signed and forwarded back in order for Applebrook Auctions to execute the bid. On the fall of the auctioneer's hammer, title to the offered lot will pass to the highest bidder acknowledged by the auctioneer, and such bidder there upon assumes full risk and responsibility, and will pay the full purchase price plus buyer's premium and any applicable fees such as sales tax and shipping IMMEDIATELY upon receipt of invoice. These Conditions of Sale and the purchaser's and our respective rights and obligations here under are governed by the laws of the State of Connecticut. By bidding at an auction, each purchaser or bidder agrees to be bound by these Conditions of Sale. Any dispute, controversy, or claim arising out of or relating to this agreement, or the breach, termination, or validity thereof, brought by or against Applebrook Auctions (but not including claims brought against the consignor by the purchaser of lots consigned hereunder) shall be resolved by legal action brought in Litchfield County, Connecticut as the sole place for jurisdiction and litigation of any issues between the parties. We reserve the right to withdraw any property before the sale and shall have no liability whatsoever for withdrawal of property. The auctioneer reserves the right to reject any bid. The highest bidder acknowledged by the auctioneer will be the purchaser. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder.
Clerical / Software
Applebrook Auctions undertakes the execution of online bidding as a convenience for clients and is not responsible for any inadvertent failure to execute bids. IN THE EVENT THAT THERE IS A HUMAN ERROR IN THE EXECUTION OF AN ONLINE BID OR IN THE EVENT OF A TIE BID, THE LIVE AUCTION FLOOR ALWAYS TAKES PRECEDENCE OVER INTERNET AND ABSENTEE BIDS
SHIPPING
Shipping is the sole responsibility of the buyer. We are unable to handle any shipping, but we are happy to direct you to local packing and shipping providers. Buyer is responsible for all packing and shipping arrangements for purchases. Purchases paid by personal check will not be shipped until funds have cleared our bank. Applebrook Auctions is not liable for any damage to purchases that are not removed from our property within seven (7) business days of the auction. ) You can contact anyone of the three shipper listed for shipping estimates.
AS OUR TERMS STATED, WE ARE UNABLE TO HANDLE ANY SHIPPING
STORAGE
Removal shall be at the expense, liability and risk of the purchaser. All arrangements for removal must be at convenience of Applebrook Auctions. We can suggest names and phone numbers of appropriate firms to assist with delivery. If arrangements can't be made within 10 days of sale, items may be removed and stored at the expense and risk of the buyer. After 20 days a storage fee of $50 per lot plus $5 per day thereafter shall be charged. After 90 days items shall be deemed abandoned. Auctioneer shall apply any deposit or payment to loss, damages, and expenses incurred in the storage and resale of goods not paid for in full or removed in the time specified and shall retain any balance as liquidated damages.
All ITEMS SOLD AS IS, WHERE IS. ALL SALES FINAL
Online and /or Offline Bidding Options
There is a 20% buyer's premium added to the hammer price of items sold via internet live auctions. There is a 15% buyers premium if you bid through the gallery. You have the option to bid via phone or to leave absentee bid(s) through the gallery by contacting the gallery directly at (203)740- 0944 or emailing us at Applebrook@earthlink.net.You must contact us no later then 24 hours prior to the auction.
Applebrook Auctions 119 Railroad St New Milford, CT 06776 (203)740-0944 It is the buyer's responsibility to contact Applebrook Auctions with payment instructions WITHIN 7 DAYS OF THE AUCTION date via telephone at 203-740-0944 or via email at Applebrook@earthlink.net At time of payment, all buyers must provide eBay username, email address, full name, mailing address, telephone and fax numbers. Applebrook will email successful buyers invoices within 24hrs from the date of the auction. We accept cash (In House Only), personal check, company check, cashiers check, money orders, wire transfer, Visa, MasterCard and Discover, NO AMEX OR PAY PAL (see Conditions of Sale). Failure to make payment arrangements within 10 days of the auction will result in a NFB being placed on your eBay account. If paying by check, Applebrook reserves the right to hold all purchases until the check has cleared.
Shipping
WE ARE UNABLE TO HANDLE ANY SHIPPING.
For your convenience, Two shipper's phone numbers and email addresses are listed below. We will gladly work with any shipper that you wish to use. UPS STORE New Milford: 850-355-5185 or store5185@theupsstore.com. The shippers above have access to our catalog. When given either the eBay # or our catalog # they can give you an estimate. You are free to use the shipper of your choice! They will then pick up the item (s) at our gallery for shipping. You need to CONTACT AND PAY THE SHIPPER DIRECTLY FOR SHIPPING. This provides you with a very professional and timely shipping process. WE ARE RESPONSIBLE FOR THE SHIPPER'S RECEIVING THE ITEM(S) IN GOOD CONDITION ONLY. Again, thank you for your business
Taxes
6.35% Connecticut State Sales Tax May Apply
Contract
Your bid is a contract.
Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.
All ITEMS SOLD AS IS, WHERE IS. ALL SALES FINAL
Buyer's premium
In addition to the hammer price, the buyer's premium is payable as follows: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% from CHF 1,500,001.
In Addition to the hammer price the buyer must pay a 5% internet fee (Invaluable)
Import/Export Restrictions and Taxes
Buyers are advised that Antiquorum will remove bands made of materials derived from endangered or otherwise protected species (i.e. alligator, caiman, lizard, snake…) prior to shipping lots abroad. Buyers are responsible for compliance with any applicable export and import regulations. Moreover certain items made of tortoiseshell, ivory may be subject to importation restrictions in certain countries. Please consult your local customs authority for information on importing items made of these materials. The Buyer is responsible for the payment of all applicable import and export duties and taxes related to the lots purchased.
1% of the hammer price plus premium will be charged to cover the insurance liability, as according to law once the hammer falls the buyer is responsible for the insurance of the lot.