Terms and Conditions
By registering and bidding in an auction conducted by Aether Auctions. ("Aether"), bidders (whether present in person, by telephone, by agent, by written or telephone absentee bid instruction, or through a live internet connection) agree to be bound by these terms. These are the complete and only terms and conditions on which all property is offered for sale. Aether retains the right to bar any bidder from participating in any auction and to exclude or reject any bid.
1) REGISTRATION. All bidders must register their name, permanent street address (no P.O. Boxes), and telephone number prior to the auction.
2) ACCEPTANCE OF TERMS. Bidding on any item, whether in person, by phone, by absentee bid or via a live internet auction indicates the bidder's agreement to be bound by these Terms and Conditions for Bidders. Any right of bidder under this agreement shall not be assignable and shall only be enforceable by the original buyer. The rights and obligations of the parties shall be governed by the laws of the state of Indiana. All bidders submit to the personal jurisdiction of the state and federal courts in Indiana.
3) TERMS OF SALE. Announcements made the day of auction take precedence over any previous communication. The auctioneer reserves the right to withdraw any lot at any time before its final sale and to reject any bid for any reason. The highest bidder for each lot acknowledged by the auctioneer shall be the "buyer." If any dispute arises as to any bidding, or between two or more bidders, at the sole discretion of the auctioneer, the successful bidder will be determined or the disputed lot shall be put up again at the last undisputed bid and resold.
4) BUYER'S PREMIUM. The Auctioneer will collect and retain from the Buyer, as additional commission, a premium equal to 20% of the Sale Price of each lot.
5) ESTIMATES AND RESERVES. Presale estimates are intended to be guides and may or may not reflect the ultimate hammer price of a lot. Aether retains the right to change estimates on any lot up to time of sale. A reserve is a confidential minimum price agreed upon by the seller of the lot and Aether. In the case of reserved lots, the seller has authorized Aether to bid on seller's behalf until the reserve price is reached. In no case will the reserve be higher than the low presale estimate.
6) WARRANTIES AND DISCLAIMERS. Aether makes a limited warranty only to the original buyer of record concerning the authenticity of each lot for a period of 14 days after bidder's receipt of the purchased lot. If a buyer is not satisfied that the lot purchased is genuine, the buyer may, at his or her own expense, obtain the opinion of two mutually agreed upon recognized experts in the field of the disputed lot. If these experts determine that the item is not genuine, the buyer's sole and exclusive remedy shall be the rescission of the sale and refund of the amount paid for the item. It is specifically understood and agreed that the rescission of the sale and refund is exclusive and in lieu of any other remedy which might otherwise be available as a matter of law or in equity, and such remedy is conditioned upon the buyer returning the property in the same condition as at the time of sale. Aether shall not be liable for any incidental or consequential damages. All sales are final, with no returns or refunds except as provided in this limited warranty.
Except as provided in the immediately proceeding paragraph, EVERY LOT IS SOLD "AS IS," without any representations or warranties by Aether or the seller as to merchantability, fitness for a particular purpose, condition or value of the property, or the correctness or completeness of the catalogue or other description of the property, and no statement, whether written or oral, shall be deemed such a representation, warranty or assumption of liability. Aether makes no representation or warranty that the buyer of manuscript material, photographs, prints or works of art will acquire any copyright or reproduction rights. Aether does not guarantee the working order of any clock, watch, electronic or mechanical device. Dimensions given in the catalogue descriptions may be approximate.
7) DEFINITIONS OF AUTHORSHIP.
"By" or "Maker/Artist" - in our opinion, the work is by the artist or maker stated
"Attributed to" - in our opinion, the work is probably, but not definitely, by the artist or maker stated
"Signed" or "Marked" - in our opinion, the signature or mark is that of the stated artist or maker
"Bearing the signature (or mark) of" - in our opinion, the signature or mark is probably, but not definitely, that of the artist or maker stated
"Circle of" - in our opinion, the work is of the period and by an artist or maker closely associated with the stated artist or maker
"School of" - in our opinion, the work is by a pupil or follower of the stated artist or maker
"Manner of" - in our opinion, the work is of the period and done in the style of the stated artist or maker
"After" - in our opinion, the work is a copy of a work by the stated artist or maker
8) INSPECTION. All lots are available for inspection prior to the auction. Prospective bidders are encouraged to contact Aether directly for additional information regarding the condition of any lot. Aether does not warrant the condition of any item. Buyers interested in the condition of an item are encouraged to contact Aether and, to the best of our ability, we will document for the prospective bidder the condition status on any lot. Condition is always a subjective evaluation and final responsibility rests with the buyer to assess the condition of any item sold by Aether.
ABSENTEE, TELEPHONE AND INTERNET BIDDING
Absentee and telephone bidding is offered as a free service to our customers and prospective bidders. Aether shall not be responsible for any errors or failures in executing bids, either absentee, telephone or via the internet.
9) ABSENTEE BIDDING. Absentee bids are accepted via mail or email. Such bids will be posted with the time and date of arrival, with ties being awarded to the earliest bidder. Absentee bids that are emailed to Aether need to be in the office at least 2 hours before the sale begins.
An absentee bidder unknown to Aether may be required to submit a bank letter of credit prior to the auction, or, using a credit card, deposit with Aether a fee equaling 30% of the absentee bid.
All absentee bids are executed competitively by a member of the auction staff. The auction staff will try to purchase the lot for the lowest price possible and will bid up to the amount designated by the absentee bidder only if necessary. Aether does not accept "buy bids," or absentee bids which have no limit. In the event of a tie bid between a floor and an absentee bidder, the floor bid will be honored.
10) INTERNET BIDDING. Internet bidding is available through Invaluable.com. There may be terms which apply to internet bids that should be reviewed online at the time of sale. Aether is not responsible for any failure to execute a bid and shall have no liability to any bidder for any technical or other failure associated with an internet auction.
11) BIDDING INCREMENTS. The following increments are used at the auction. Absentee bids must fall within these increments. Aether will automatically reduce any absentee bid to the closest increment if the bid falls outside the published range of increments.
AFTER THE AUCTION
12) BUYER'S RESPONSIBILITY. Upon the fall of the hammer, title to the offered lot shall pass to the buyer and the buyer immediately assumes full risk and responsibility for the lot, including liability for loss or damage and is liable for payment of the Purchase Price (as defined below) to Aether. It is the buyer's responsibility to ask specific questions on condition related concerns prior to the auction.
13) PURCHASE PRICE AND PAYMENT. The discounted "Purchase Price" for each lot shall equal the hammer price, buyer's premium, sales tax and, if applicable, all packing, handling, insurance and shipping costs. U.S. bidders may pay with cash, personal check, money order, bank check or wire transfer. Bidders outside the U. S. will be required to pay by wire transfer. Credit cards are accepted on an auction-by-auction basis - please contact the office prior to bidding in the auction to confirm payment options. Bidders unknown to Aether may be asked to provide additional personal identity or banking information. Aether reserves the right to hold a purchased lot until a check has cleared.
Buyers who are present at the auction must pay the full Purchase Price at the time of the sale. Buyers who bid by telephone, by internet, or who are absentee bidders will be invoiced within 5 days after the close of the auction and must pay the full Purchase Price for each purchased lot within 14 days after the date of the auction. No property will be released by Aether unless the Purchase Price has been paid in full.
Institutional billing may be available, and should be arranged prior to the auction.
14) SALES TAX. Buyers are required to pay any applicable state and local sales tax.
15) SHIPPING. At the request of the buyer, Aether will authorize the shipment of purchased items, which usually ship within two weeks after payment has been received. Shipment is generally made via USPS or Fed-Ex Ground. Unless buyer gives special instructions, the shipping method shall be at the sole discretion of Aether. Aether is in no way responsible for the acts or omissions of independent handlers, packers or shippers of purchased items or for any loss, damage or delay from the packing or shipping of any property.
ADVICE TO INTERNATIONAL BUYERS: Jewelry can be shipped internationally but cannot be insured.
Property made of or containing certain plant or animal materials, such as coral, crocodile, ivory, whalebone, baleen, tortoiseshell, etc., may require a license or certificate before exportation from the United States and importation to another country. If you are purchasing items that contain these materials, you need to check the government wildlife import requirements in the countries from which and to which the item is being shipped prior to bidding. Since the export and import licenses are independently issued by the countries of origin and destination, obtaining one does not guarantee that you can obtain the other. Purchasers are responsible for making timely payments on items won at auction, even if a license is delayed or denied.
16) SHIPPING CHARGES. Buyers are required to pay for all packing, shipping and insurance charges. Overseas duty charges are the responsibility of the successful bidder. Be aware that for larger and/or valuable items, shipping charges can be substantial.
17) REMOVAL AND STORAGE OF PROPERTY. If purchased property has not been removed, or Aether has not received shipping instructions within 21 days after the auction date, a $10 per item per day storage fee may be charged to the buyer.
18) CANCELLATION OF SALE. If purchased property remains in the custody of Aether for a period of 60 days following the auction, Aether may, at its option, cancel the sale, retaining as liquidated damages any payments made by the buyer, or resell the property at auction or by any other commercially reasonable means, for the account and at the risk of the buyer, and in such event, buyer shall be liable for the payment of all deficiencies plus all of Aether costs, including but not limited to storage and costs of both sales. This right of cancellation is in addition to any and all other remedies available to Aether.
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