The Tobin Theatre Arts Fund Auction

TERMS AND CONDITIONS International bidders WILL NOT be accepted for this auction. 18% buyers premium will be added to the hammer price for all in-house, absentee and telephone bids. 23% buyer's premium will be added for all live online bids. PURCHASES: Auction purchases must be paid for within seven (7) days of the date of the sale. Invoices will be emailed to each buyer including a written description and hammer price of each purchase as well as any applicable buyer's premium and tax. Texas residents are charged at our local San Antonio sales tax rate unless we are provided a copy of a valid Texas state resale certificate. Out of state residents are generally not charged Texas sales tax. We accept the following forms of payment: - Cash - Credit cards (2.8% convenience fee) - Personal checks / certified checks (funds must clear bank before purchases are released) - Wire transfers - Money orders By Texas law a winning auction bidder automatically enters into a legal and binding purchase contract with the auction house. In the rare case when a successful bidder fails to pay for their purchases within the time period allowed Vogt Auction will pursue available legal steps to protect its interests and may block the bidder from future auction participation. Reasonable interest and storage fees may also be added to past due invoices. Bidders with a credit card on file with Vogt will be automatically charged if any invoice amount remains unpaid after two business days. A credit card convenience fee of 2.8% will be charged for all transactions conducted via credit card. New bidders are required to complete an authorization form, allowing Vogt Auction to hold their credit card on file and to enroll in the autopay system. 18% buyer?s premium will be added to the hammer price for all in-house, absentee and telephone bids. 23% buyer's premium will be added for all live online bids. NON-PAYMENT: By Texas law a winning auction bidder automatically enters into a legal and binding purchase contract with the auction house. In the rare case when a successful bidder fails to pay for their purchases within the time period allowed Vogt Auction will pursue available legal steps to protect its interests and may block the bidder from future auction participation. Reasonable interest and storage fees may also be added to past due invoices. Bidders with a credit card on file with Vogt will be automatically charged if any invoice amount remains unpaid after two business days. A credit card convenience fee of 2.8% will be charged for all transactions conducted via credit card. New bidders are required to complete an authorization form, allowing Vogt Auction to hold their credit card on file and to enroll in the autopay system. COLLECTION OF ITEMS: The buyer must arrange for collection of a purchased lot within seven (7) days of the date of the auction. Vogt Auction will not release auction purchases until we have received payment in full (and until any checks have cleared the bank). Failure to make arrangements for collection within seven (7) days of the auction, will result in the buyer incurring a storage fee of $3 per item, per day. We will not release purchased lots to the buyer until all such charges have been paid in full. If a purchased lot is paid for but not picked up within 2 months the buyer authorizes Vogt Auction, upon notice, to arrange a resale of the item by auction or private sale, with estimates and a reserve set at Vogt Auction's reasonable discretion. The proceeds of such sale will be applied to pay for storage charges and any other