Live bidding may start higher or lower
Buyer's Premium
$0 - 19,999:25.0%
$20,000 - 49,999:24.0%
$50,000+:23.0%
Bidding Increments
| From: | To: | Increment: |
|---|
| $0 | $199 | $10 |
| $200 | $499 | $25 |
| $500 | $999 | $50 |
| $1,000 | $1,999 | $100 |
| $2,000 | $4,999 | $250 |
| $5,000 | $9,999 | $500 |
| $10,000 | $29,999 | $1,000 |
| $30,000 | $49,999 | $2,000 |
| $50,000 | $99,999 | $5,000 |
| $100,000+ | | $10,000 |
Terms
On the fall of the Auctioneer's hammer, or upon the statement of sold, the
highest bidder or authorized agent shall be deemed to have purchased the
offered lot in accordance with all of the conditions set forth herein and will
pay the purchase price in full plus buyers premium and any applicable
taxes. If the foregoing conditions or any other applicable conditions herein
are not complied with, in addition to other remedies available to us and the
consignor by law, including but without limitation to the right to hold the
Purchaser liable for the purchase price, we, at our option, may either:
i. cancel the sale, retaining as liquidated damages all payments made by
the Purchaser, or
ii. resell the property on three (3) days notice to the Purchaser and for the
account and risk of the Purchaser, either publicly or privately, and in
such event the Purchaser shall be liable for the payment of any
deficiency plus all costs and expenses of both sales, our commission at
our regular rates, all other charges due and incidental damages.
Upon enter bid for lots. the bidder agrees to pay the price including Buyer's Premium, taxes, shipping fee and duty fee.
All Sales are final No Returns. If in the event online bid and floor bid are the same floor wins.
Payment
Jambhala Antique DOES NOT ACCEPT CREDIT CARD OVER THE PHONE, all items are to be paid for by:
i. Bank wire transfer
ii. cashier's check
iii. personal check with approved credit
iv. cash (Floor Bidder Only)
v. properly authorized Visa, MasterCard, or Discover Card (Floor Bidder
Only)
vi. Paypal (Online Bidder)
Shipping
Jambhala
Antique can provide in-house packing and shipping services at the Buyer's
expense. Items will be shipped via UPS or USPS unless another carrier is
specified. Please note: items that are large and/or heavy and/or need
special packaging or shipping requirements, may have additional shipping
costs and delays. If we cannot pack and ship your purchases, we can
recommend packing/shipping through a third party carrier. We are not
responsible for any delays on the part of this third party, should there be
any. We recommend shipping all items insured. Insurance costs through
third party carriers will be borne by the Purchaser and in case of damage,
insurance claims should be taken up with the third party carrier. Should any
damage or loss occur to items transported by a third party shipper, we will
not be held responsible for the outcome. This reimbursement, of course,
only covers the actual cost of the items shipped. Within approximately one
week after the auction, Jambhala Antique will advise Purchasers of
recommended shipping methods or possible third party carriers. (Note: on
occasion, quotes from some of the third party carriers may take additional
time.)
Payment
Jambhala Antique is responsible to collect 9.5% Sales Tax for State of California, however we remain natural on consignor's capital gain or and profit gain, loss and/or income tax.
BP
BUYER'S PREMIUM -(25%) Jambhala Antique provides a venue to bring buyers
and sellers (consignors) together. We take possession of consignor's
property months before the auction. We use this time to research,
catalog, photograph and market the items before they go up for sale.
When an object is sold, Jambhala Antique receives a percentage of the
hammer price (seller's commission) plus certain fees as our payment from
the consignor. We also collect a percentage of the hammer price from the
Buyer (Buyer's Premium).
Contract
If a lot is offered subject to reserve (the confidential minimum price below
which a lot will not be sold), we may implement such a reserve by bidding
on behalf of the consignor. CONSIGNORS MAY NOT BID ON THEIR OWN
PROPERTY.
i. All statements contained in the catalogue or in any bill of sale, invoice or
elsewhere as to authorship, period, source, origin, measurement or
condition are qualified statements and shall not be deemed to be
representations or warranties. Please note:
ii. These Terms and Conditions of Sale take precedence over any
statements made to the contrary by the Auctioneer, staff or affiliates. If
the Auctioneer warrants the quality or condition of a lot during or before
the auction, that statement is not binding on the Auction House or the
Buyer and the as is provisions of these Terms and Conditions take
precedence.
iii. Notwithstanding the statement in paragraph 7, buyers have the right of
rescission, PROVIDED that within 48 hours of their receipt of the
property they inform us that the physical condition materially differs from
the catalogue description, from a provided condition report or the
catalogue description is inaccurate, TO OUR SATISFACTION. Buyers
must return the property immediately and show clearly any differences
or inaccuracies with the catalogue and the property must be received in
the same condition as when it was sent.
iv. The content of the catalogue including text, photographs, digital images
and designs are copyright protected and belong exclusively to Jambhala
Antique. Reproduction of any kind is not authorized without prior written
consent
Condition
Absence of condition statements are not
indications that lots are flawless or without normal signs of wear consistent
with age. Prospective bidders are advised to inspect all lots prior to bidding
to determine age, condition, size, medium, repairs and any restoration or
lack thereof. As a service to prospective bidders, condition reports are
available on ALL lots. Please contact jerry@antiqueasia.org for any
condition report requests. Please note per our terms, these reports are
merely our educated/professional opinions and should not be considered
absolute.
