Weekly Auctions of Exceptional Items
DoneSat, Apr 04, 2020 12:00 PM '
Chicago, IL, USA
Modern Masters - Shinoda, Karhu and Tanaka
Floating World AuctionsTOP RATED
Join us for a small online only auction featuring works by Toko Shinoda, Clifton Karhu and Ryohei Tanaka. This auction replaces our traditional Spring Grand Auction of Japanese prints, which has been rescheduled for May 2.
Online only at www.liveauctioneers.com
1953 N. Clybourn
Chicago, IL 60614
Terms & Conditions
The following Terms and Conditions of Sale, as amended by any posted notices or verbal announcements during the sale, constitute the entire terms and conditions on which property listed in the catalog shall be offered for sale or sold by Floating World Auctions and any consignor of such property for whom we act as agent. As used herein, "we" and "us" refer to Floating World Auctions. 1. As used herein, the term "bid price" means the price at which a lot is successfully knocked down to the purchaser. The term "purchase price" means the aggregate of (a) the bid price, (b) a PREMIUM retained by us and payable by the purchaser EQUAL TO 25% of the bid price and (c) unless the purchaser is exempt by law from the payment thereof, any Illinois state or local sales tax (or compensating use tax) and other applicable taxes. 2. On the fall of the auctioneer's hammer or for timed auctions at the expiration of the time for bidding, the highest bidder shall have purchased the offered lot in accordance with all of the conditions set forth herein and (a) assumes full risk and responsibility therefore, (b) if requested will sign a confirmation of purchase, and (c) will pay the purchase price in full or such part as we may require for all lots purchased. No lot may be transferred. Unless otherwise agreed, payment in good funds is due and payable within five (5) business days of the auction sale. Whenever the purchaser pays only a part of the total purchase price for one or more lots purchased, we may apply such payments, in our sole discretion, to the lot or lots we choose. Payment for purchases may be made in or by (a) cash, (b) cashier's check or money order, (c) personal check with approved credit, (d) Zelle or Venmo, (e) wire transfer subject to a $25 fee, and agreement to make up any shortfall on funds received, or (f) credit card (including LiveAuctioneers payment system), which includes a surcharge. We do not accept PayPal. The purchaser grants us a security interest in the property, and we may retain as collateral security for the purchaser's obligations to us, any property and all monies held or received by us for the account of the purchaser, in our possession. We retain all rights of a secured party under the Illinois Uniform Commercial Code. If the foregoing conditions or any other applicable conditions herein are not complied with, in addition to other remedies available to us and the consignor by law, including without limitation, the right to hold the purchaser liable for the purchase price, we at our option may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser or (b) resell the property, either publicly or privately, and in such event the purchaser shall be liable for the payment of any deficiency plus all costs and expenses of both sales, our commission at our standard rates, all other charges due hereunder, attorneys' fees and incidental damages. If all fees, commissions, premiums, bid price and other sums due to us from the purchaser are not paid promptly as provided in these Terms and Conditions of Sale, we reserve the right to impose a finance charge equal to 1.5% per month on all amounts due to us beginning on the 31st day following the sale until payment is received, in addition to other remedies available to us by law. 3. We reserve the right to withdraw any property at any time before the actual sale. Unless otherwise announced by the auctioneer at the time of sale, all bids are per lot as numbered in the catalog and no lot shall be divided for sale. 4. We reserve the right to reject a bid from any bidder. In the event of any dispute between bidders, or in the event the auctioneer doubts the validity of any bid, the auctioneer shall have sole and final discretion either to determine the successful bidder or to re-offer and resell the article in dispute. If any dispute arises after the sale, our sales records shall be conclusive in all respects. 5. Since this is an online-only sale, telephone and order bids will not be permitted. 6. Unless otherwise specified, all sales may have items subject to reserve (a confidential agreed upon price between the auctioneer and the consignor, below which the article will not be sold). The reserve will not be higher than the low estimate. 7. If we are prevented by fire, theft or any other reason whatsoever from delivering any property to the purchaser or a sale otherwise cannot be completed, our liability shall be limited to the sum actually paid therefore by the purchaser and shall in no event include any incidental or consequential damages. 8. Except as otherwise provided in Paragraph 14, all statements contained in the catalog or in any bill of sale, invoice or elsewhere as to authorship, period, culture, source, origin, measurement, quality, rarity, provenance, importance, exhibition and literature of historical relevance, or physical condition ARE QUALIFIED STATEMENTS OF OPINION AND NOT REPRESENTATIONS OR WARRANTIES. No employee or agent of Floating World Auctions is authorized to make on our behalf or on that of the consignor any representation or warranty, oral or written, with respect to any property. 9. Shipping, insurance, packaging and handling of purchased lots is at the expense of the purchaser. As a service to the purchaser, Floating World Auctions will ship appropriate items to purchasers located in the continental United States solely via FedEx Ground or Three Day Select Service, to purchasers in Alaska and Hawaii via USPS Priority or appropriate FedEx service and to international purchasers and those located in via FedEx International Economy Service. Faster FedEx services may be requested at purchaser?s expense. Floating World Gallery is not obligated to ship by any other method, and purchaser may make other shipping arrangements. We shall not, under any circumstances, be liable for the loss, theft or damage to property, including, but not limited to selection of shipper, the acts or omissions of any shipper or the acts or omissions occurring in packing for shipment. As a courtesy, we may provide quotes, based on an estimated size, weight and value of the package, as well as a shipping zip code supplied by a prospective bidder. Post-sale determination of shipping costs does not constitute grounds for cancellation of any purchase made at our auction. It is our intention to include the cost of shipping on the invoice for domestic continental purchasers and to expedite the shipping cost, most domestic packages will have a base cost of $35 or $50, plus $1/$100 for insurance.
Using: The New LiveAuctioneers Site Classic Site