Inaugural Fine Estate Auction

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY AS YOU WILL BE BOUND BY THEM IF YOU BID AT AUCTION. The auction catalog, if any, and the terms hereinafter set forth, as amended by any posted notices or oral announcements during the sale, is Sterling Associates Inc. (herein referred to as "we", "us", or "our") and the Consignor's entire agreement with the purchaser relative to the property listed in our catalog or otherwise offered for sale. All registration information the Bidder provides to Auctioneer shall be current, complete, and accurate. Bidders must be 18 years of age or older. Bidder agrees to not use any device, software or routine to interfere or attempt to interfere with the proper working of or any transaction being conducted on and during the auction sale. 1. The property is sold in "AS IS" condition and without recourse, and neither we nor the consignor makes any representations or warranties, express or implied, as to catalog description, attribution, authenticity, provenance, origin, size, age or condition of any of the property offered for sale. It is the responsibility of the purchaser, prior to the auction, to examine the property and make a determination as to the value, condition, description, provenance, origin, size and age of the property. 2. The highest bidder acknowledged by the auctioneer shall be the purchaser. We reserve the right to reject any bid. The auctioneer shall advance the bid at his/her sole discretion. The auctioneer in his/her sole discretion may determine to re-offer any lot in dispute. In the event of any dispute, our record of the bids shall be accepted as conclusive. 3. We reserve the right in its sole discretion at any time before bidding commences to withdraw combine or divide any lot. 4. At the fall of the auctioneer's hammer, title will pass to the highest bidder thereupon assumes full risk and responsibility for the property, including the obligation to immediately pay the full price or such price as we may require. All bidders may be requested to give their name, residence, business address, telephone number, driver's license and credit card. We shall have the right to reject any bid from anyone who has not established credit with Sterling Associates Inc. prior to the auction. 5. The purchase price paid by the buyer shall be the amount of the final bid plus 17.5% buyer's premium. A 2.5% discount for cash or cash equivalent payments. We will accept Cash, Personal Checks, Bank or Cashier's checks, Money orders, Wire transfers, Master Card, Visa, PayPal as forms of payments. All purchases are subject to state and local taxes where applicable, which are computed on the purchase price. For all checks, property will not be released until the check clears. All property must be paid for and removed from our premises by the purchaser at his or her expense not later than 5 business days following the sale. If not so paid for and removed, we may send the purchased property to a public warehouse for the account of, and at the risk and expense of the purchaser. At our option payment will not be deemed to have been made in full until we have collected funds represented by checks, or, in case of bank or cashier's check, we have confirmed authenticity. 6. Property purchased from us by a successful bidder may not be removed from the auction sale premises until the full purchase price plus the buyer's premium and all applicable taxes have been paid. 7. If the purchaser fails to fulfill these conditions, in addition to all legal remedies available to Sterling Associates Inc., we may: a) cancel the sale and retain any payments made as liquidated damages; b) resell the property for the account of the buyer, in which case the buyer shall be liable to us for all its costs and damages, including the commissions for both auctions; c) remove the property to a public warehouse for the account and at the risk and expense of the buyer. 8. We are not responsible for the acts or omissions of carriers or packers of purchased lots, whether or not recommended by us. In no event will we be liable for damage to glass or frames, regardless of the cause. 9. The Auctioneer, its affiliates, or their employees consign items to be sold in the Auction, and may bid on those lots or any other lots. The Auctioneer may bid on the behalf of the reserve for the consignor. Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates. 10. The Auctioneer has the right to sell certain unsold items after the close of the Auction. Such lots shall be considered sold during the Auction and all these Terms and Conditions shall apply to such sales including but not limited to the Buyer's Premium, return rights, and disclaimers. BIDDING AT AN AUCTION WHETHER PRESENT OR IN PERSON OR BY AGENT, ORDER, BID, TELEPHONE OR OTHER MEANS, CONSTITUTES YOUR ACCEPTANCE OF THESE TERMS.

Local Taxes Apply

2.5% discount for cash or cash equivalent payments

This auction is available for live preview at our gallery Tuesday thru Friday prior to the auction. We are located at 70 Herbert Ave, Closter, NJ 07624. Live bidding is available through LiveAuctioneers. Our contact information is: P: 201.768.1140 F:201.768.3100 email:sterlingauctionoptimum.net