![]() Sales Taxes: Buyers are responsible for the payment of all applicable sales taxes, unless legal documentation is on file with Abell prior to the commencement of the Auction.ħ.ĝefault: If any conditions contained in this document are not complied with by the Buyer, Abell, in addition to all remedies available by law, including the right to hold such buyer liable for the purchase price plus buyer's premium and applicable sale tax, may: (i) cancel the sale, retain as liquidated damages any payment paid by the buyer (ii) resell the property without reserve at public auction or privately, on seven (7) days? notice to the buyer and (iii) take such other legal action as it deems necessary or appropriate. Any third party representative bidding on behalf of a third party is personally responsible for any purchase made.Ħ. Abell shall not be responsible for failing to execute such bids or errors relating to the execution of such bids. ![]() Pre-Auction Bids: Bids which are submitted to Abell prior to the auction may, at the discretion of Abell, be executed for the convenience of the bidders. Lot fees and handling fees will be deducted from the gross sales proceeds.ĥ. Abell reserves the right to re-sell any item purchased and left in our warehouse for over 30 days. For items purchased at our weekly auctions, Abell will charge a storage fee of the greater of $25.00 per lot per day or 10% per item left in our warehouse over 10 days (plus a handling fee of $75). Storage Fees: Without exception for all merchandise left on the premises, Abell will charge a storage fee of the greater of $50 per lot per day or 10% of selling price, plus handling a fee of $150 if left over fifteen (15) days past the date of sale for items purchased at our Quarterly fine art and antique auctions. Abell is not responsible for any shipping or removal of property, including work conducted by a third party representative.Ĥ. Packing and handling of purchased lots is at the entire risk of the purchaser. Abell is not responsible for any property left on the premises after seven (7) days. All purchases, upon payment, shall be immediately removed from the premises at the purchaser's expense. Quantities and condition must be checked before removal from Abell, as adjustments will not be made after removal from the premises. All unpaid balances shall bear interest at the highest rate permitted by law, until paid in full.ģ.Ěll Sales Are Final/Removal of Property: All sales are final. Title to the property purchased shall not pass to the purchaser until such time that all credit card transactions and checks have been cleared by Abell's banking facilities. The successful bidder will be personally responsible to pay the hammer price plus a Buyer's Premium of twenty five (25) percent of the gross hammer price, plus applicable sales tax. DO NOT BID ON ANY LOT UNLESS YOU HAVE PERSONALLY INSPECTED IT TO DETERMINE ITS PROVENANCE, CONDITION, SIZE AND WHETHER OR NOT IT HAS BEEN REPAIRED OR RESTORED.Ģ.ěidding at Auction: The highest bidder recognized by the auctioneer will be the purchaser. As Is: All lots are sold As Is and without recourse and neither Abell nor the consignor makes any warranties or representations, express or implied, with respect to such lots. The absence of a condition statement does not imply that a lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging.īy bidding at an Abell Auction Company auction, you hereby agree to be bound by the following:ġ. ![]() Abells shall have no responsibility for any error or omission. By participating in the auction, buyer affirmatively represents and acknowledges that he or she has read and understood the terms and conditions of sale set forth herein, and agrees to be bound by the same.Īny condition statement is given as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. This Auction is presented by Abell Auction and Live Auctioneers and is conducted under these Terms and Conditions as well as applicable state and local law. Please contact Abell directly for questions regarding shipping and payment of purchases. NO EXCEPTIONSĭue to the "stay-in-place" mandate, Abell will be on limited operating hours. TERMS AND CONDITIONS OF SALE FOR ON LINE BIDDINGĪLL JEWELRY AND PRECIOUS METALS TO BE PAID BY WIRE TRANSFER ONLY.
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