Bidding Increments
| From: | To: | Increment: |
|---|
| $0 | $199 | $10 |
| $200 | $499 | $20 |
| $500 | $999 | $50 |
| $1,000 | $1,999 | $100 |
| $2,000 | $4,999 | $200 |
| $5,000 | $9,999 | $500 |
| $10,000 | $19,999 | $1,000 |
| $20,000 | $49,999 | $2,000 |
| $50,000 | $99,999 | $5,000 |
| $100,000 | $199,999 | $10,000 |
| $200,000 | $499,999 | $20,000 |
| $500,000 | $999,999 | $25,000 |
| $1,000,000+ | | $50,000 |
Terms & Conditions
1. All lots are sold "AS IS". Any description issued by the auctioneer of an article to be sold is subject to variation to be posted or announced verbally in the auction room prior to the time of sale. While the auctioneer has endeavoured not to mislead in the description issued, and the utmost care is taken to ensure the correct cataloguing of each item, such descriptions are purely statements of opinion and are not intended to constitute a representation to the prospective purchasers and no warranty of the correctness of such description is made. An opportunity for inspection of each article is offered prior to the time of sale. No sale will be set aside on account of lack of correspondence of the article with its description or its reproduction, if any, whether colour or black & white. Some lots are of an age and/or nature which preclude their being in pristine condition and some catalogue descriptions make reference to damage and/or restoration. The lack of such a reference does not imply that a lot is free from defects nor does any reference to certain defects imply the absence of others. Frames on artwork are not included as part of purchase or condition. It is the responsibility of prospective purchasers to inspect or have inspected each lot upon which they wish to bid, relying upon their own advisers, and to bid accordingly.
2. Each lot sold is subject to a buyer's premium of 20% of the successful bid price as part of the total purchase price. Invaluable clients will be charged a buyer's premium of 25% of the successful bid price of each lot as part of the purchase price.
3. Unless exempted by law, the buyer is required to pay Harmonized Sales Tax on the total purchase price including the buyer's premium. For international buyers, taxes are not applicable when purchases are shipped out of country. Items shipped out of Ontario, the buyer is required to pay taxes as per the tax status of that province, whether it HST or GST (Goods and Services Tax).
4. The auctioneer reserves the right to withdraw any lot from sale at any time, to divide any lot or to combine any two or more lots at his sole discretion, all without notice.
5. The auctioneer has the right to refuse any bid and to advance the bidding at his absolute discretion. The auctioneer reserves the right not to accept and not to reject any bid. Without limitation, any bid which is not commensurate with the value of the article offered, or which is merely a nominal or fractional advance over the previous bid may not be recognized.
6. Each lot may be subject to an unpublished reserve which may be changed at any time by agreement between the auctioneer and the consignor. The auctioneer may bid, or direct an employee to bid, on behalf of the consignor as agreed between them. In addition, the auctioneer may accept and submit absentee and telephone bids, to be executed by an employee of the auctioneer, pursuant to the instructions of prospective purchasers not in attendance at the sale.
7. The highest bidder accepted by the auctioneer for any lot shall be the buyer and such buyer shall forthwith assume full risk and responsibility for the lot and must comply with such other Conditions of Sale as may be applicable. If any dispute should arise between bidders the auctioneer shall have the absolute discretion to designate the buyer or, at his option, to withdraw any disputed lot from the sale, or to re-offer it at the same or a subsequent sale. The auctioneer's decision in all cases shall be final.
8. Immediately after the purchase of a lot, the buyer shall pay or undertake to the satisfaction of the auctioneer with respect to payment of the whole or any part of the purchase price requested by the auctioneer, failing which the auctioneer in his sole discretion may cancel the sale, with or without re-offering the item for sale.
9. The buyer shall pay for all lots within 48 hours from the date of the sale, after which a late charge of 2% per month on the total invoice may be incurred or the auctioneer, in his sole discretion, may cancel the sale. The buyer shall not become the owner of the lot until paid for in full. Items must be removed within 10 days from the date of sale , after which storage charges may be incurred.
10. Each lot purchased, unless the sale is cancelled as above, shall be held by the auctioneer at his premises or at a public warehouse at the sole risk of the buyer until fully paid for and taken away.
11. Notwithstanding condition no. 1, if the buyer, prior to removal of a lot, makes arrangements satisfactory to the auctioneer for the inspection of such lot by a fully qualified person acceptable to the auctioneer to determine the genuineness or authenticity of the lot, to be carried out promptly following the sale of the lot, and if, but only if, within a period of 14 days following the sale a written opinion of such person is presented to the auctioneer to the effect that the lot is not genuine or authentic, accompanied by a written request by the buyer for rescission of the sale, then the sale of the lot will be rescinded and the sale price refunded to the buyer.
12. Payment for purchases must be by cash, INTERAC direct debit (Cdn clients in person only), certified cheque (U.S. & Overseas not applicable), travelers cheque, bank draft, electronic transfer (fee applies), and VISA or Mastercard (up to $25,000).
13. In the event of failure to pay for or remove articles within the aforementioned time limit, the auctioneer, without limitation of the rights of the consignor and the auctioneer against the buyer, may resell any of the articles affected, and in such case the original buyer shall be responsible to the auctioneer and the consignor for:
(a) any deficiency in price between the re-sale amount and the amount to have been paid by the original buyer;
(b) any reasonable charge by the auctioneer for the storage of such articles until payment and removal by the subsequent buyer; and
(c) the amount of commission which the auctioneer would have earned had payment been made in full by the original buyer.
14. It is the responsibility of the buyer to make all arrangements for insuring, packing and removing the property purchased and any assistance by the auctioneer or his servants, agents or contractors, in packing or removal shall be rendered as a courtesy and without any liability to them.
15. The auctioneer acts solely as agent for the consignor and makes no representation as to any attribute of, title to, or restriction affecting the articles consigned for sale. Without limitation, the buyer understands that any item bought may be affected by the provisions of the Cultural Property Export Act (Canada).
16. The auctioneer reserves the right to refuse admission to the sale or to refuse to recognize any or all bids from any particular person or persons at any auction.
Important Notice for International Clients
Restrictions exist regarding the import and export of species protected under CITES (Convention on International Trade in Endangered Species). This includes but is not limited to items made of or containing bone (whalebone, etc.), ivory, tortoise shell, seal skin, rhinoceros horn and any other animal part and is strictly controlled or forbidden by most countries. Please review your country's laws before bidding on pieces made of or containing these restricted items. It is the sole responsibility of the buyer to inquire about and obtain the proper permits for artwork purchased that may contain restricted materials, if such permit can be obtained. Please contact the department for further assistance. For more information please visit www.cites.org
Contract Information
By bidding at auction, bidders are bound by those Conditions and Glossary, as amended by any oral announcement or posted notices, which together form the contract of sale between the successful bidder (buyer), Waddington's™, and the consignor (seller) of the lot. Descriptions or photographs of lots are not warranties and each lot is sold "as is" in accordance with the Conditions of Sale.
Payment Information
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 W. M. Farmer Auctions LLC of Salem Virginia, VAAF#956
Shipping Information
The Auctioneers will not undertake packing or shipping. The purchaser
must designate and arrange for the services of an independent shipper
and be responsible for all shipping and insurance expenses. The
Auctioneers will, upon request, provide names of professional packers and
shippers but will not be held responsible for the service or have any liability
for providing this information. Reliable pre-auction estimates of shipping
costs of lots offered in this sale may be obtained from:
Pak Mail
Attn: Taurus Chan
4981 Hwy 7 East, Unit 12A, Markham, ON L3R 1N1
Tel: 905.470.6874; 416.293.8225
Fax: 905.470.6875
taurus@pakmailmarkham.ca
www.pakmailmarkham.ca
Envoy Business Services
Attn: Perry Hehn
416 299 3367
416 299 9750 (fax)
ph@envoy.ca
CITES WARNING:
Restrictions exist regarding the import and export of species protected under CITES (Convention on International Trade in Endangered Species). This includes but is not limited to items made of or containing bone (whalebone etc.), ivory, tortoise shell, seal skin, rhinoceros horn and any other animal part and is strictly controlled or forbidden by most countries. Please review your country's laws before bidding on pieces made of or containing these restricted items. It is the sole responsibility of the buyer to inquire about and obtain the proper permits for artwork purchased that may contain restricted materials, if such permit can be obtained. Please contact the department for further assistance. For ore information please visit www.cites.org
Buyer's Premium
A buyer's premium of 20% of the successful bid price of each lot is paid by buyer as part of the total purchase price. Invaluable clients will be charged a buyer's premium of 25% of the successful bid price of each lot as part of the total purchase price.
Taxes on your purchase
Unless exempted by law, the buyer is required to pay Harmonized Sales Tax on the total purchase price including the buyer's premium. For international buyers, taxes are not applicable when purchases are shipped out of country. Items shipped out of Ontario, the buyer is required to pay taxes as per the tax status of that province, whether it HST or GST (Goods and Services Tax).
Condition Notice
All of the items are to be considered, unless otherwise noted in the
description, in good condition. The definition of "good" when used in
reference to condition, describes an object as having had no major damage or repair but as with the nature of the material, may show minor surface
wear, discolouration etc., which indicates the acceptable wear that the piece
may acquire with age. If you are particular about minor flaws, you should
examine the pieces in person or have our staff answer any questions before
bidding. Sizes are approximate. It is the sole responsibility of the bidder to
inquire as to the condition of a lot before bidding. Condition reports are
available upon request by phone, fax, email or in person. You are advised
to make any requests well in advance of the sale.
Condition Notice
All of the items are to be considered, unless otherwise noted in the
description, in good condition. The definition of "good" when used in
reference to condition, describes an object as having had no major damage or repair but as with the nature of the material, may show minor surface
wear, discolouration etc., which indicates the acceptable wear that the piece
may acquire with age. If you are particular about minor flaws, you should
examine the pieces in person or have our staff answer any questions before
bidding. Sizes are approximate. It is the sole responsibility of the bidder to
inquire as to the condition of a lot before bidding. Condition reports are
available upon request by phone, fax, email or in person. You are advised
to make any requests well in advance of the sale.
