The Legend of Tibetan Dzi Beads.

Laosan Antique&dzi. as agent is now offering this catalogue for our consignor(s) and owner(s) of the properties listed here for sale. You agree to be bound the Condition of sale when you bid at auction. EXHIBITIONS All lot are Sold As Is and Where As Is and without Guarantee. Neither Laosan Antique&dzi. nor the consignors make any warranties or representations, express or implied with respect to such lots. Buyers are strongly advised to personally examine any property in which they are interested before the auction takes place. Condition reports are available on request, on lots with a low estimate of $300 and above. Any and all statements and descriptions in any catalogue or elsewhere by Laosan Antique&dzi., relating to age, attribution, authenticity, size, genuineness, provenance, historical relevance or significance, physical condition, importance, quality, quantity, rarity, period, culture, source or origin, are presented as statements of qualified opinion only. ESTIMATED PRICES As a convenience to our clients, we furnish pre-sale estimates for all materials included in the auctions. These estimates are only our approximate valuations and should be taken as educated guesses based upon comparable auction values, not as "prices." Bidding normally begins at about one-half the low estimate, but the final bid price may well be less than or more than any estimate printed. REGISTRATION Buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references. A photo ID and Credit Card will be copied for record. Tax document is provided for tax-free. Laosan Antique&dzi. has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid. For first time bidders, international bidders or bidders with bad credit and history record, we will ask a $1000 deposit to get approval for bidding with us. RESERVE Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. The reserve will not exceed the low estimate of the lot. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Laosan Antique&dzi. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount. INTERNATIONAL BIDDERS YOU ARE RESPONSIBLE TO MEET ALL CUSTOMS/IMPORT-EXPORT REGULATIONS. WE WILL ASSIST BUT CANNOT BE HELD LIABLE FOR INTERNATIONAL LAWS AFFECTING THE DELIVERY OF YOUR ITEMS. BIDDING When making a bid at site of live sale, absentee bid, by phone, by Internet, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium, all applicable taxes and all other applicable charges, unless it has been explicitly agreed upon in writing LAG. Before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Laosan Antique&dzi., and that Laosan Antique&dzi. will only look to the principal for payment. ABSENTEE BIDS As a service to those wishing to place bids, we will accept such bids, in advance of the sale, on bidding forms available from us. In the event identical bids are submitted, the earliest will take precedence. Absentee bids shall be executed in competition with other absentee bids, any applicable reserve, bids from the audience and bids live on-line. If we receive written bids on a particular lot for identical amounts, and these are the highest bids on the lot at the auction, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with the written bid. TELEPHONE BIDS On lots with a low estimate of $300 and above and if a bidder makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone and we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. ONLINE BIDS Laosan Antique&dzi. uses liveauctioneers.com. An additional internet fee of 3% will be charged. SUCCESSFUL BIDDER The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to reoffer the lot in dispute. If any dispute arises after the sale, the Laosan Antique&dzi. sale record shall be conclusive. Title passes upon the fall of the auctioneers hammer to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility. BUYER'S PREMIUM Laosan Antique&dzi. does not own the property that we sell at auction. We provide a venue to bring buyers and sellers together. Sellers are called consignors and we take possession of their property months before the auction. We use this time to research, catalogue, and photograph and market the items before they go up for sale. When an object is sold, Laosan Antique&dzi. receives a percentage of the hammer price (we call that the seller's commission) plus certain fees as our payment from the consignor. We also collect a percentage of the hammer price from the buyer that we call a Buyer's Premium. THERE WILL BE A 15% BUYERS PREMIUM APPLIED TO ALL SALES PLUS AN ADDITIONAL 3% FOR ONLINE BIDS. ALL DEALERS MUST PRESENT A TAX CERTIFICATE PRIOR TO ACCEPTANCE OF A BIDDERS CARD FOR TAX EXEMPTION, OR A 9% CA SALES TAX WILL BE APPLIED. THERE ARE NO EXCEPTIONS. PAYMENT TERMS All payment must be received in seven business days after the sale. We will open disputes online and charge $20 late fee each day after 7 business days. We accept Personal Checks, Certified Checks, wire transfers and Visa, Mastercard, No American Express and other Credit Cards. 2% additional fee will be charged if you pay with credit card. Auction purchases must be paid in full within 7 days of the auction. International orders and all orders of $5,000 or more must be paid for by Certified Check or Money Transfer. Unpaid case will be transferred to attorney and Collection Company for further actions. PROSPERITY RELEASE FOR SHIPPING No property will be released until payment in full is made on the items. Laosan Antique&dzi. will never delivery the propriety to the buyer. Packing, shipping and insurance (including reimbursement for damage or loss) of purchased lots is the responsibility of the purchaser. The Laosan Antique&dzi. can provide the list of local packing and shipping services providers. It is buyers responsibility to contact the third party carrier. We are not responsible for any delays on the part of this third party, should there be any. We will offer recommendations of suitable third party carriers. We recommend shipping all items insured. Insurance costs through third party carriers will be borne by the purchaser and in case of damage, insurance claims should be taken up with the third party carrier. Should any damage or loss occur to items transported by a third party, we can assist the purchaser in filing proper claims for reimbursement but will not be held responsible for the outcome. This reimbursement, of course, only covers the actual cost of the items shipped. Within approximately one week after the auction Elegance Gallery will advise purchasers of recommended shipping methods or possible third party carriers. (Note: on occasion, quotes from some of the third party carriers may take longer to get.) Dispute Resolution : All disputes and claims arising out of or relating to events and actions covered herein, brought by or against us, shall be resolved by mediation or binding arbitration in accord with the procedures set forth below. This provision does not apply to claims brought by the Buyer directly against the Consignor, including, but not limited to any action brought pursuant to the rescission provisions noted above.