Absolute Estate Auction of Fine Antiques

Terms and Conditions Bidding on any item indicates the bidder's acceptance of the following terms and conditions: 1. A buyer's premium will be added to the final bid price. The buyer's premium for purchasing in the saleroom will be 8%. The buyer's premium for purchasing through Live Auctioneers will be 11%. 2. Accepted methods of payment are cash, personal or business check, wire transfer ($15 fee), Visa or MasterCard. There is a handling charge of $35.00 for any returned check. Currency is U.S. Dollars. 3. All items that are purchased by online buyers must be paid for within 5 business days of the auction. (July 7, 2014) An invoice will be emailed to all Live Auctioneers winning bidders within 48 hours of the end of the auction. Caswell Prewitt Realty reserves the right to hold all purchases until checks or credit card transactions have cleared to the satisfaction of Caswell Prewitt Realty and its bank. All items that are purchased in the saleroom must be paid for after auction closes and before being picked up. 4. Sales Tax: Residents of Kentucky will be charged a 6% state sales tax that will be applied to all sales, including Buyer's Premium, unless a KY tax exemption certificate has been completed and signed prior to the close of the auction. Out of state sales tax exemption ID numbers may be used when completing the KY tax exemption form. Kentucky state sales tax will not apply to items shipped out of state but will apply to items purchased by out of state buyers and picked up in the state of Kentucky. 5. Your bid is a contract. Do not place a bid that you are unwilling or unable to honor. If you are declared as the winning bidder, you have entered into a legally binding contract to purchase the property offered. If you have questions about an individual item, please contact the auctioneer before bidding. 6. The high bidder acknowledged by the Auctioneer shall be the purchaser of that lot. The Auctioneer is the sole determinant as to who is the successful bidder. Once an item is declared as "sold", the successful bidder assumes full risk and responsibility for the purchased lot. 7. All property is being sold "AS IS". Inspection opportunities are available to those who wish to preview at the auction site located at the North Exhibition Hall, Alltech Arena, located at the Kentucky Horse Park, 4089 Ironworks Parkway, Lexington, KY on Friday, June 27, from 4 pm-7 pm or Saturday, June 28 from 8 am until sale time. Bidders who take advantage of off-site bidding acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the bidder's sole responsibility to determine whether or not to bid on any item. Caswell Prewitt Realty has endeavored to accurately describe all items being sold but all property being offered is to be sold "AS IS". No statement in this catalog, bill of sale, invoice, or elsewhere by any representative of, or person in the employ of Caswell Prewitt Realty shall be deemed to be a warranty, representation, or assumption of liability with respect to age, condition, size, quality, variety, importance, provenance, or historical relevance of any of these items. Please note that photographs may have had size modifications for display purposes, or have been trimmed to exclude framing, matting, and wide blank margins. Also, variations in color may occur due to digital processing. Any condition statement, written or verbal, is given as a courtesy to the client, and is only an opinion. It should not be treated as a statement of fact. Caswell Prewitt Realty shall have no responsibility for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear, imperfections or aging. To obtain a condition report, please contact Dave Diederich at (859) 745 2900 or DLD2900@aol.com. This is an estate auction and as such, all items will not be delivered to the venue until Thursday, June 26. We are not able to provide condition reports until then as the items are all packed and will not be delivered and opened until the June 26 date. We will be happy to provide a condition report and can email or phone you on Thursday or Friday, June 26 or June 27. 8. The Auctioneer reserves the right to withdraw any lot prior to being offered in the auction and shall have no liability whatsoever for withdrawal of the property. 9. Live internet bidding is available as a courtesy during the auction. Caswell Prewitt Realty WILL NOT BE HELD RESPONSIBLE FOR LIVE INTERNET BIDS THAT ARE NOT SENT, RECEIVED, OR EXECUTED BY THE ADMINISTRATOR. 10. All packing and shipping of merchandise will be at the risk and expense of the buyer. Caswell Prewitt Realty does NOT provide in-house packing or shipping. Shipping arrangements may be made through the buyer's own shipper, or upon request, we will supply a list of shippers that can pack and ship small items or large. We do not provide estimates for shipping. You must obtain your own estimate by contacting your choice of shipper. Shippers are independent of Caswell Prewitt Realty and are not endorsed by it; therefore, we are not responsible for problems associated with shipping. Merchandise must be removed from our storage facility within two weeks of the auction. Merchandise is stored at the risk of the purchaser. 11. By registering for this sale and bidding on any item, all bidders are entering into a contract and agree to abide by and accept these terms of sale. For additional information, contact Dave Diederich (859) 745-2900 or DLD2900@aol.com