Old Collection Auction

Our Story Kingbo Auction is one of Canada?s largest auction marketplaces of fine and decorative arts, antiques, collectibles, and estate sales. Kingbo Auction is the premier antiques and fine art auction house, offering only the highest quality antiques, fine art and client service. When it comes to estates and auctions, many people find the process complicated. At Kingbo Auction, highly experienced appraisers and auction specialists work with each client to ensure an experience that is clear and straightforward. With our technology, Kingbo Auction is able to market your items to the global marketplace with live, online bidding at liveauctioneers.com together with an extensive panel of trained professionals who manage phone bids from around the world during each auction. Kingbo Auction offers full-service estate consignment management designed to maximize values with the utmost integrity, discretion and personal service. Kingbo Auction holds auctions throughout the year, making it easy for you to buy and sell with regularity ? often an estate or collection can be incorporated into an auction marketed for specific themes, such as Asian Art, Contemporary Art or period collections. Kingbo Auction Buying Kingbo Auction provides several options for you to preview items prior to the auction. Anyone can view our online catalogs or request a printed catalog. Prior to each auction previews of each item are available with a description, provenance, and several different photographs of items together with links to register for an upcoming auction. In addition to our catalogs, Kingbo Auction offers an open house preview for several days prior to each auction. Items are professionally displayed in the gallery and our auction experts are available to consult with clients. We encourage you to inspect each item of interest carefully as all items are sold "as is." Antiques by nature, show signs of use and age, which often enhances their unique characteristics and creates their value, as in a fine patina. If you are unable to inspect the items of interest in person, please request a condition report and our experts will inspect the item for you and provide a written report of its condition. Items available at auction are valued at "auction estimates" in a range which is based on the research of what similar items have sold at auction. They do not necessary indicate the highest amount an item will sell for. The market and bidding will determine final hammer prices. Bid in Person Bidding in person during the auction offers an exciting and fast paced experience. All buyers must register prior to bidding and receive a bid card which is raised to indicate a bid to the auctioneer. Once the auction starts, the lots are offered in sequential order. You will receive a printed catalog to follow along. When your desired item is offered, be sure to make your bid obvious by raising your card and make eye contact with the auctioneer. Auctions are fast paced and you must make decisions and communicate quickly. If you are the winning bidder, the auctioneer will close the item by saying "sold," the final hammer price and announce your bid number. At Kingbo Auction, just as at every auction house, all sales are final. You cannot decide after the auction that you paid too much, or the item will not fit in the place you had in mind, and you now do not want the item. When the auctioneer says "sold" and recognizes you as the successful bidder, a legally binding contract has been established, and you are the new legal owner of the item, even though you have not yet paid for it. If, during the auction, you make a mistake or the auctioneer takes a bid by you in error, or the auctioneer sells an item to you for a price greater than what you intended to bid, you must say so immediately. This allows the auction house to correct the problem and immediately resell the item. Once an auction is over, there are no corrective measures for the situation and you are the legal owner of the item. Be sure you know, before the auction starts, what methods of payments are accepted, and how you will complete your purchase if you are the successful bidder. You will be expected to pay for any purchases immediately following the auction. Kingbo Auction accepts VISA, for credit cards issued out of the Canada, we accept no exceeding $5000 altogether per invoice. In addition, you may pay with money order, or wire transfer. When you register to become a bidder, you must present a valid credit card and government issued identification. This will be considered your form of payment unless other arrangements are made immediately following the auction. Telephone Bidding For buyers unable to attend the auction in person, Kingbo Auction offers phone bidding. You can participate live on the phone with one of our trained professionals who manages phone bids from around the world during each auction. Our auction professionals are fluent in several languages including Mandarin and others as needed. Telephone bid requests must be placed at least 24 hours prior to the auction. All telephone bidders are encouraged to leave an absentee bid or safety bid in the event a call should fail. Kingbo Auction reserves the right to restrict the number of phone bids and bidders on any given lot. Each bidder is bound by all auction terms and conditions. For items purchased, your credit card will be charged the day after the auction. If other payment arrangements have been made and good funds have not been received by the 7th business day after the auction, your credit card will be charged. Buyer needs to pay all packing and shipping charges, and/or delivery charges. Ontario Sales Tax is added unless the purchase is for resale or shipped out of Canada. Telephone Bid Form is available on our Website and by calling an auction specialist 1-647-888-9060. Absentee Bidding For buyers unable to participate in the live bidding process, Kingbo Auction accepts Absentee Bids. We bid on your behalf just as if you were in the auction house, up to your per-determined maximum bid. Kingbo Auction will not use your maximum bid as a starting bid and always attempt to purchase your desired item at the lowest price You must provide a specified fixed maximum bid, we do not accept open ended "buy" bids. A buyer's premium of and applicable state sales tax will be added to your successful bid.By placing this bid you agree to be bound to all Terms and Conditions of the auction. We execute absentee bids as a convenience for our clients, however under no circumstances will we be responsible for inadvertently failing to execute bids or for errors relating to execution of bids including technology related errors. In the event of identical absentee bids, the earliest received will take priority. Changes to or additional terms and conditions may be announced by the auctioneer before or during the auction. Completed and signed bid forms must be received by Kingbo Auction at least 24 hours before the auction. You may complete an absentee bid online. Absentee bidding online When leaving an absentee bid online (to register, click here ? the click on the "view online catalog" button, then select "New Bidder") even if you are a registered bidder at Kingbo Auction but have not registered online, you will be asked to resubmit your personal information. Once registered online, you will be able to quickly log in and bid on any future auctions. On-Line Bidding Kingbo Auction features all of its auctions live online through LiveAuctioneers. You can participate in real time just as if you were present on the auction floor. LiveAuctioneers requires you to register in advance to bid. And there will be additional 5% buyer premium for internet live bid winner for LiveAuctioneers. * Go to www.liveauctioneers.com * Select Kingbo Auction (you may have to click the link to "View all auctions") * Follow auction registration instructions Payment Options Domestic Clients: We accept bank wire transfers, cash, money order, Visa. For credit cards issued out of the Canada, we accept no exceeding $5000 altogether per invoice. * For items purchased via in person, phone or absentee bidding, your credit card will be charged the day after the auction. If other payment arrangements have been made and good funds have not been received by the 7th business day after the auction, your credit card will be charged. * For items bought live online, you will be emailed an invoice the day after the auction. It is your responsibility to contact Kingboacution@gmail.com to make payment. International Clients: We accept wire transfers, Visa. For credit cards issued out of the Canada, we accept no exceeding $5000 altogether per invoice. * For items purchased via in person, phone or absentee bidding, your credit card will be charged the day after the auction. If other payment arrangements have been made and good funds have not been received by the 7th business day after the auction, your credit card will be charged. * For items bought live online, you will be emailed an invoice the day after the auction. It is your responsibility to contact via email at Kingboacution@gmail.com to make payment. Please Note: There is a maximum of $5,000 that may be charged to credit cards, per client invoice Buyer's Premium The buyer's premium is 25% of the successful bid price up to and including $20,000, 22% between $20,001 and $500,000, and 20% on any amount in excess of $500,000. And there will be additional 5% buyer premium for internet live bid winner for LiveAuctioneers. Shipping It is the buyer's responsibility to arrange for and pay for shipping. All property should be removed from our premises no later than 5:00 P.M. on the fifth business day following the end of the auction. Unless prior arrangements have been made with Kingbo Auction, items not removed by the specified time will be charged storage and handling fees of $10.00 per item per day until removal. For your convenience, we recommend the following shippers: (1) UPS freight (2) Canada Post (3) DHL Condition Report Requests We encourage you to inspect each item of interest carefully as all items are sold "as is." Antiques by nature, show signs of use and age, which often enhances their unique characteristics and creates their value, as in a fine patina. If you are unable to inspect the items of interest in person, please request a condition report via email Kingboacution@gmail.com or telephone 1-647-888-9060 and our experts will inspect the item for you and provide a written report of its condition, and additional images if needed. Bid Increments Kingbo Auction generally uses the following increment multiples as bidding progresses: $50-200??????$10 increments $200-500?????..$25 increments $500-1,000?????$50 increments $1,000-2,000????.$100 increments $2,000-5,000????.$250 increments $5,000-10,000????$500 increments $10,000-20,000???..$1,000 increments $20,000-50,000???..$2,500 increments $50,000-100,000???.$5,000 increments $100,000-500,000???$10,000 increments Kingbo Auction Selling AUCTION ESTIMATES 1. Call us to schedule a private appointment at our gallery. If you have a large collection, our specialists can travel by appointment to evaluate your property on site. 2. Send clear photographs to our of each individual item, including items dimensions and other pertinent information with each picture, should be sent to Kingbo Auction address in envelopes marked as (photo auction estimate) 3.After you receive an estimate, you may consign your property to us for sale in the next appropriate auction, our staff assists you throughout the process, arranging transportation of your items to our gallery(at consignor's expense), providing a detailed inventory of your consignment, and reporting the prices realized for each lot, we provide secure storage for your property in our warehouses and all items are insured throughout the auction process, you will receive payment for your property approximately 35 days after completion of the sale. CONTACT US Email via Kingboacution@gmail.com