The property listed in this
catalogue is offered for sale by Bunte Auction Services, Inc. as agent for the
consignors (sellers). The following
Terms and Conditions of Auction and Information for Buyers and Sellers, posted
notices and verbal announcements at the time of sale by the Auctioneer are the
conclusive statements of terms and conditions for this auction. Submitting any
bid, whether in person, in writing, by telephone or any other means, the buyer
acknowledges and accepts these terms and conditions.
1.
The highest bidder to be the buyer.
If any dispute arises between bidders, the lot in dispute shall, at the
discretion of the auctioneer, either be reoffered for sale or sold as stated. In any event, the auctioneer’s decision will
be final. If a dispute arises after the
auctions, our sales record will be deemed final. Invoices are subject to audit for error and
the bidder is responsible for paying any balance due therein.
2.
Bidders are required to register prior to the sale and must use the
number issued to them when they are the successful bidder. No transfer of a bidder’s paddle will be
recognized from one buyer to another.
3.
We reserve the right to reject any bid or any raise not commensurate
with the value of the item being sold.
We also reserve the right to ask for a deposit from the bidder of
twenty-five percent (25%) or more of the purchase price at any time.
4.
All lots are sold as shown with all faults, imperfections, and error of
description. When faults are noticed
during cataloguing we make note of them in the description. Prospective bidders are expected to inspect
the property to determine condition, size and whether or not it has been
restored or repaired and satisfy themselves as to all faults, cracks, chips
wear and imperfections.
5.
If Bunte Auction Service’s Inc. is prevented by fire, theft or any
other reason whatsoever from delivering any property to the purchaser, our
liability shall be limited to the sum actually paid by the purchaser.
6.
If a reserve price (the confidential minimum below which a lot will not
be sold) is established on any lot, we may implement the reserve bidding on
behalf of the consignor.
7.
The buyer is responsible for notifying Bunte Auction Services, Inc.
within 14 days after purchase of any lot(s) sold that has been determined not
to be as described, (authenticity, condition, approximate size, or any other
discrepancy), based on a fair reading of the catalogue. In addition, the buyer is responsible within
an additional 14 days after notification to Bunte Auction Services, Inc. of
discrepancy to provide a written notice giving proof from a recognized,
impartial expert which establishes beyond a reasonable doubt that the item(s)
in question is/are in fact not as catalogued and that such was not indicated by
a fair reading of the catalogue or the auctioneers comments at the time of
sale. Therefore, failure to arrange
shipping, possession, examination of lot(s) and notification to Bunte Auction
Services, Inc. within the 28 days after purchase renders all sales final. In the event a lot(s) is /are returned in the
same condition as the day of auction under the aforementioned terms, a refund
will be given for item(s) returned.
These terms are limited to the original purchaser of said item(s) only.
8.
Information regarding removal of property and shipping is listed under
Information for Buyers and Sellers. Purchases not removed within thirty (30)
days will be sold without further notice and the money realized after expenses
will then be credited to the buyer’s account.
9.
We reserve the right to withdraw any property at any time prior to the
actual auction and to announce at any time additional terms and conditions of
sale.
10.
We are not responsible for the acts or omissions of carriers or packers
of purchased lots, whether or not recommended by us. In no event will we be
liable for damage to glass or frames regardless of the cause.
11.
This is a privately owned and operated sale. We reserve the right to refuse admittance to
any person.
12.
RECEIPT OF $10,000.00 OR MORE The Federal government requires all business’ to
report any cash money collected over $10,000.00 per transaction. Bunte Auction
is required to complete an IRS form 8300 and file it with the