Asian Art Sale

Terms & Conditions
1. A buyer’s premium of 15% of the hammer price shall be added to each purchase to reach the total sales price. For buyers using the online bidding service, a buyer’s premium of 17.5% shall be added to each purchase to reach the total sales price.

2. The total sales price is subject to applicable sales tax. PA residents will pay 6% unless a tax exempt form is on file.

3. Acceptable forms of payment are cash, bank check, money order, Visa, Mastercard, Discover, & Paypal. No personal checks will be accepted.

4. Complete payment is required day of auction or upon receipt of notification of a successful bid.

5. Paid items may be removed from the auction center. Please note that online purchasers who wish to pick up their items shall not do so until the Monday following the day of auction. After two (2) weeks, any items remaining at the auction center will be placed in storage. Fee for storage will be $10 per week per item.

6. Packing, shipping & insurance is handled by The Packaging Store, a third party shipper. The shipper will pack multiple items of similar size & type together if possible. General questions regarding shipping/insurance and tracking should be directed to “The Packaging Store” at (215) 361-6940. Please allow 2 weeks from receipt of payment for shipping. For large/oversized items and furniture we refer you to “Vintage Transport”. For a quote for these items, please call 800-333-0056 (Eastern United States) or 888-882-4442 (Western United States).

7. The highest bidder shall be the buyer and if any dispute arises between two or more bidders, the auctioneer shall decide the buyer or immediately put the item up for sale again.

8. Due to uncertainties of bidding, a lot may sell to the audience for the same amount as an internet bidder. The auctioneer’s decision shall be binding and final.

9. The record of sale, kept by the auctioneer and clerk, will be taken as absolute and final in all disputes.

10. Some lots are offered subject to a reserve. A reserve is a confidential minimum price below which such a lot will not be sold.

11. Alderfer’s will not be held responsible for error or failure to execute bid(s). Absentee bids must be in writing and a fifty dollar minimum bid is required per item. Phone bidding is an available service and must be arranged in advance with our staff.

12. All auction inquiries must be received 24 hours prior to the start of the auction. The deadline for email inquiries is March 3, 2004 at 1 pm EST.

13. Purchasers may inspect the merchandise and are urged to do so. The Auctioneer makes no warranty as to condition and shall not be responsible for any defects in any Lot. All goods are exposed for Public Exhibition and, for Internet buyers condition is described below. All goods are sold “AS IS” and “WITHOUT RECOURSE”.

14. 10 Day Guarantee Terms:
All items in the catalog are sold as described. See Glossary of Terms. All returns must be made within the 10 days following the auction. After the 10 day period all items are considered as is where is, without recourse. Refunds in cash or credit shall be for the purchase price only; shipping costs excluded. Any announcements and addendums prior to the auction take precedence over the description in the catalog. The guarantee is only valid to the original buyer. The item(s) must be in the same condition as when purchased. Discrepancies of description shall be decided by mutually agreed upon experts in the field. The authentication must be in writing and is at the expense of the purchaser. Bidding at a Cataloged Auction indicates that you have read and accepted these conditions.

15. Glossary of Terms
GENERAL: If we say “c.” a certain date, then it was made within 25 years of that date. Authorship and origin is guaranteed unless otherwise stated as “possibly” or “probably”. Every attempt is made to characterize quality and to indicate significant defects in condition. This is done as an aid to prospective bidders, but clients are advised that all merchandise should be inspected carefully, as seriousness of defects may prove to be a matter of personal judgment. Measurements are given within ½” of actual size.
FOR PAINTINGS: Authorship: Name of Artist- Indicates that the work, in our best judgment, is by the named artist. Only these works are covered by our 10-day guarantee. Attributed to*- In our best judgment, the work may be by the artist. Circle of*- In our best judgment, a work of the period of the artist and closely related to the artist’s style. School of*- In our best judgment, a work by a pupil or follower of the artist After*- In our best judgment, a copy of the known work of the artist. * NOTE: There is no guarantee the work is by the named artist Signature- The signature, inscriptions and dates are transcribed in print as they appear and are located as follows: SLL: Signed Lower Left, SLR: Signed Lower Right, SUL: Signed Upper Left, SUR: Signed Upper Right, SLC: Signed Lower Center, SUC: Signed Upper Center. If we state signed, in our opinion, the signature is of the named artist. If we state bears signature, in our opinion, the signature might be that of the artist, but we make no guarantee that the work is by the named artist. Measurements are given height before width.
FOR FURNITURE: If we say “Chippendale Mahogany Chest of Drawers”, we represent that the piece was made during that period. If we say “Chippendale Style Mahogany Chest of Drawers”, we represent that the piece looks like the period mentioned, but it was crafted at a later date.

The total sales price is subject to applicable sales tax. PA residents will pay 6% unless a tax exempt form is on file.