Auction with Live Close of November 20, 2021

SALES TAX and BUYER's PREMIUM: You agree to pay the Buyer's Premium on every item purchased. The Buyer's Premium is a percentage of the hammer price of each item added to the sale total for that item. For our live auctions the Buyer's Premium is 20% of the hammer price. There is NO sales tax in New Hampshire. LIVE BIDDING: Although there is NO substitute for attending the auction and bidding yourself, we now offer our own customized live bidding software at https://bids.schmitthoran.com/ or www.liveauctioneers.com. There is an extra 5% fee charged by Live Auctioneers for internet bidding. The total Buyer's Premium, which includes the 5% Live Auctioneers fee, on all Live Auctioneers purchases is 25% wit no exceptions. ONLINE ABSENTEE BIDS: We have a sophisticated online and interactive absentee bidding system; see www.bids.schmitthoran.com. It is offered at no additional charge. You may change or cancel your bid amounts or lot numbers until 6pm the day before the auction. PAYMENT FOR ABSENTEE BIDS: We will normally notify successful bidders within seven days. We use e-mail to notify bidders and postal mail if a client does not have e-mail available. Personal checks in US$ are acceptable. We also accept VISA, Mastercard, Discover, American Express and Paypal. Note that shipping charges are extra and will be billed by Schmitt Horan & Co. or a third party at the time of shipment. Payment is due upon receipt of invoice, and no later than 30 days from the date of the auction. Items not paid for within the 30 days from the date of the auction will be charged a 2% monthly interest rate on the balance due. The buyer's premium for bidders using Invaluable is 20% for all forms of payment plus the 5% Invaluable fee. Large international transactions may be performed via wire transfer. Details available upon request. PICK UP IN LIEU OF SHIPPING: Purchases by absentee bidders, phone bidders or online bidders may be picked up no sooner than 6 business days following the sale. If you or your agent would prefer to pick up personally from our office in Windham, NH, an appointment can be arranged. Please plan to settle your account at time of pick up. Items left in our custody for over 30 days from the date of the auction will be charged a storage fee of $25 per item per week, which must be paid before items are released. We shall not be held liable for damage occurring to any item left in our custody after 30 days from the date of the auction. ITEMS & ACCESSORIES: purchased by bidders registered in the auction hall, must be removed by the close of the auction. We cannot hold items nor can we provide packing materials. It is the buyer's responsibility to verify that he / she has received accessories that may be separate when checking out. Items purchased by bidders off site are not available for pick up during the sale at the auction hall. BUYER'S AGENT: Some absentee bidders require assistance and flexibility with their bidding. To some, this may be in the form of an independent set of eyes to validate their potential purchase. To others, it may be in the form of executing a fixed budget in pursuit of several clocks. Others are looking for additional services such as careful packing, and flexible delivery options. Should you need such assistance please contact us for a recommendation. SHIPPING: We use outside companies to ship clocks that provides services worldwide: Please see Shipping Terms for details. We may be able to offer "in-house" shipping on watches. ESTIMATES: After each description, we have indicated a high and low dollar estimate that should be used as a general guide. The final price may vary considerably from these estimates. RESERVES: There are few items in this sale with a reserve, or confidential minimum selling price, established with the consignor or vendor. Items failing to sell will be noted in the results sheet as $0.00. ITEM DESCRIPTIONS & CONDITIONS: Employees do their best to aid and assist the customer, however any statements made by Schmitt Horan & Co. employees, agents or contractors are not considered a definitive record of what is being sold. The final record of what is being sold in a lot under any and all circumstances is the catalog provided by Schmitt Horan & Co., both printed and online. If there is a discrepancy between employee statements and the catalog, the catalog is the final and ultimate legal record of what is offered in the lot. We do our best to identify restoration, alteration or other condition issues in the condition report. We shall not be held liable for failure to do so. IT IS THE RESPONSIBILTY OF THE BUYER TO CONFIRM CONDITION PRIOR TO BIDDING. If the lot description includes the words "as found" or "as is" the item is sold without any guarantees. All lots containing multiple items are considered in "AS IS" condition and cannot be returned. General maintenance items such as broken suspension springs, broken or missing weight cords, & missing keys are not mentioned. Most clocks and watches will require cleaning and service after purchase. All costs associated with this are the responsibility of the client. Dimensions are approximate. PHOTOGRAPHS: Please note, some items when photographed, particularly watches, may have shadows, reflections or other marks that are a result of the photographic process and are not permanent. Both buyer and seller grant unrestricted use of auction lot photographs and prices realized to both Schmitt Horan & Co., and to Invaluable.com. RETURNS AND REFUNDS: Returns will be considered only for items that do not conform to catalog description. UNDER NO CIRCUMSTANCES WILL RETURNS BE ACCEPTED OR REFUNDS ISSUED LATER THAN 30 DAYS AFTER THE AUCTION. If there is a problem and a refund or adjustment is requested we ask to be notified within one week of the auction and require to be notified ABSOLUTELY no later than 30 days of the auction, no exceptions. Transit damage alone is not sufficient reason to return an item. We will assist in claims against transport companies. DEFAULT and LITIGATION: REGISTRATION TO BID INDICATES ACCEPTANCE BY THE BIDDER OF THESE TERMS ENFORCABLE AS A NEW HAMPSHIRE CONTRACT. Schmitt Horan & Co. will not be liable for default by either the buyer, consignor or the vendor. No purchase shall be claimed or removed until paid for in full. S H & Co. reserves the right to refuse to accept bids made by a defaulting buyer at any future auction and to collect all costs and attorney's fees from the buyer associated with litigation and storage involving default. All legal disputes arising from this contract shall be disputed, litigated or mediated under New Hampshire law in the State of New Hampshire. All consignors or vendors are represented in our records by either name or a code directly associated with that name and are also a legal party to this contract. Daniel Horan, Auctioneer NH License #5060 Copyright 2020 Schmitt Horan & Co. Contract Information Your bid is a binding and legal contract. In all cases, a left or absentee bid will be executed as cheaply as possible. The auctioneer will make every effort to execute bids on your behalf, but will not be held responsible in the case of a failure to execute a live or absentee bid. Payment Terms We will normally notify successful bidders within seven days. We use e-mail to notify bidders and postal mail if a client does not have e-mail available. Personal checks in US$ are acceptable. We also accept VISA, Mastercard, Discover, American Express and Paypal. Note that shipping charges are extra and will be billed by Schmitt Horan & Co. or a third party at the time of shipment. Payment is due upon receipt of invoice, and no later than 30 days from the date of the auction. Items not paid for within the 30 days from the date of the auction will be charged a 2% monthly interest rate on the balance due. The buyer's premium for bidders using Invaluable is 20% for all forms of payment plus the 5% Live Auctioneers fee. Large international transactions may be performed via wire transfer. Details available upon request. Shipping Terms We ask that you follow the steps below to take possession of your purchases. 1.) Pay your invoice: Successful bidders are sent an invoice via e-mail. If you have not provided us with an e-mail an invoice will be sent by US Mail. Please note this may cause a brief delay in receiving your invoice. Acceptable forms of payment include cash, bank wire, all major credit cards, Paypal payments to bids@schmitt-horan.com or check or money order made out to: Schmitt Horan & Co. PO Box 162 Windham NH, 03087 2.) Arrange for shipping: The list of shipping agents below has been provided for your convenience. You may work with any independent shipper you choose. Schmitt Horan & Co. assumes no responsibility for error or omission by any third-party agent. For average sized items: Parcel Room: Managed by Jeff Ballantyne 1465 Woodbury Ave, Portsmouth, NH 03801 (603) 431-4205 info@Parcelroom.com Consider for larger or delicate items: Blanket Wrapped Hand Delivery Scott Salzarulo 200 W. Housatonic # 20, Pittsfield, MA. (413) 212-1252 vintagetrucking@aol.com Wendy Buckus 64 Hutchins Rd, Concord, NH 03301 (603) 491-5199 nwtransport@aol.com Scott Cousins 22 Nichols St. Merrimac, MA 01860 (978) 419-9353 scottcousins22@aol.com Sure Express Worldwide 110 Industrial Way Portland ME, 04103 (800) 335-9996 sureexpress@maine.rr.com 3.) Fill out and submit online authorized release form or authorized release form (pdf) found at https://www.schmitt-horan.com/index.php?SMExt=SMDownloads&SMDownloadsFile=Authorized_Release_Form.pdf. This form can be submitted online or faxed, mailed or e-mailed to Schmitt Horan & Co. using the contact information provided on the release form. Buyer's Premium The Buyer's Premium through Live Auctioneers is 20% plus the 5% fee for a total of 25%. Condition Terms ITEM DESCRIPTIONS & CONDITIONS: Employees do their best to aid and assist the customer, however any statements made by Schmitt Horan & Co. employees, agents or contractors are not considered a definitive record of what is being sold. The final record of what is being sold in a lot under any and all circumstances is the catalog provided by Schmitt Horan & Co., both printed and online. If there is a discrepancy between employee statements and the catalog, the catalog is the final and ultimate legal record of what is offered in the lot. We do our best to identify restoration, alteration or other condition issues in the condition report. We shall not be held liable for failure to do so. IT IS THE RESPONSIBILTY OF THE BUYER TO CONFIRM CONDITION PRIOR TO BIDDING. If the lot description includes the words "as found" or "as is" the item is sold without any guarantees. All lots containing multiple items are considered in "AS IS" condition and cannot be returned. General maintenance items such as broken suspension springs, broken or missing weight cords, & missing keys are not mentioned. Most clocks and watches will require cleaning and service after purchase. All costs associated with this are the responsibility of the client. Dimensions are approximate.

If you have not contacted Schmitt Horan & Co to arrange payment within 3 days of the time that invoice is sent, we will charge the credit card you used to register for the auction for the amount of your invoice.

Online purchases from Schmitt Horan & Co may be subject to sales tax. Please see the following for more details. If you are tax-exempt, you can submit your tax-exempt certificate to prevent the collection of tax. Learn more about tax-exemption.