Asian and Western Decorative Arts Auction

Buyers must register for a bidding number by giving name, address, phone number and identification acceptable to us. Please show your building number to the auctioneer after each purchase you make. 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 items up for sale again. In the event of a tie between online bidder and a floor bidder the floor bidder will take precedence. The auctioneer's decision will be binding and final. Some lots are offered subject to a reserve, which is a confidential minimum price below which such a lot will not be sold. The record of sale, kept by the auctioneer and clerk, will be taken as absolute and final in all disputes. Catalog Auctions will include a Buyer's Premium of 20% for live floor bidders. For online bidders, the Buyer's Premium will be 23%. Payment must be received within 48 hours of receipt of invoice. If payment is not received within the window of payment, Pennington Antiques and Consignment has the right to decline transaction. Items purchased must be removed once payment is made. All items purchased by in-house bidders should be removed on the day of the auction. Online buyers who wish to pick up their purchases shall do so beginning the Monday following the day of the auction once payment is cleared, and no later than one week following payment clearance. After (2) weeks, items will be placed in storage. Fee of storage will be $10 per week per item. Registering for the auction indicate an acceptance of the above terms and conditions. Absentee/Phone Bids For those unable to attend the auction, Pennington Antiques offers the absentee bid service as a convenience to our patrons. Pennington Antiques will not be held responsible for error or failure to execute the bid(s). Absentee bids must be in writing and a fifty dollar ($50) minimum bid is required per item. Phone but must be arranged in advance with one of our staff. All phone bids are required to start at a minimum half of the low estimate. We suggest that phone and absentee bids be made 24 hours in advance to allow time for processing. In order to avoid delays in receiving purchases buyers unknown to us are advised to make payments or supply credit reference in advance of the auction by contacting Pennington Antiques.