Terms & Conditions of Sale 1. All items are sold as is, where is, with all faults. There are no warranties or representations of merchantability, of fitness, nor of any other kind, whether express or implied. All items are available for your examination, by appointment, prior to auction day. Your bidding signifies that you have examined the items as fully as you desire, or that you have chosen not to examine them. Written and oral descriptions are our opinions and should in no way be construed as a guarantee of any kind as to age, condition, materials or any other feature of items being sold. Our goal is to provide prospective bidders with accurate and detailed information. Please contact the auction house prior to the auction for condition reports on items you are planning to place bids on. We recommend prospective bidders examine all items in which they have an interest. If you require absolute certainty in all areas of authenticity, and the results of your evaluation leave uncertainty in your mind, we recommend you not bid on the item in question. We do not give refunds. All sales are final. No statement, written or oral, made by the auctioneer shall be deemed a warranty or assumption of liability by Rag & Bone Auctions or by any seller represented by Rag & Bone Auctions. 2. Bidding will begin at a price appropriate in the auctioneer?s discretion. The auctioneer always reserves the right to withdraw a lot for any reason he deems appropriate. At the auctioneer?s sole discretion, no bid of less than one half the low estimate will be accepted from any source: phone bidding, absentee bidding, internet bidding, or by those present. All lots in this catalog are offered subject to a reserve, which is the confidential minimum agreed-upon hammer price at which a lot will be sold. In executing a reserve, the auctioneer has the right to bid on behalf of the Consignor, whether by opening bidding or continuing bidding in response to other bidders until reaching the reserve. If the reserve is not met, the Auctioneer has the right to withdraw the item from the sale. 3. Once we declare that an item is sold, it will be considered final. We will not reopen the bidding. It is the bidder?s responsibility to get our attention prior to the fall of the hammer. We reserve the right to reject any bids deemed inappropriate or to withdraw any item(s) for lack of appropriate bids. If an item is withdrawn from the auction, it may be offered again at the auctioneer?s sole and complete discretion. You will be sent an invoice within 3 business days of the auctions end. 4. Payment may made by the following methods, for purchases of $5,000 and below: cash, money order/cashier's check, wire/bank transfer, or major credit card (MasterCard, Visa, American Express, and Discover). We DO NOT accept PayPal. Purchases totaling greater than $5,000.00 MUST be paid by wire/bank transfer, unless prior arrangement has been made with Rag & Bone Auctions by our express written consent. We reserve the right to require bank letters of guarantee for large purchases. Any such credit arrangements must be made by the Friday prior to the day of auction so bank statements can be verified. We reserve the right to not issue a buyer?s number or to withhold merchandise if appropriate credit has not been established. To assist in deterring fraud, we reserve the right to require that payment for purchases of high-risk items be made directly via your online bid platform?s internal payments sytstem. This may include, but is not limited to, jewelry, coins, silver & vertu, and all other precious metals-containing items; as well as any and all other item(s) and/or invoice(s) we may, at our sole discretion, deem appropriate. 5. Payment is due upon receipt of invoice. Payment in full for successful absentee, phone bids and online bids is required within five (5) business days of the auction. Bidding on an item indicates your acceptance of our Terms & Conditions of Sale. Your signature on our Bid Form, or your acceptance of these terms through any online bidding platform, constitutes your express permission to charge successful bids to credit cards if payment is not received within five (5) business days of the auction's end, unless alternate arrangements have been made with Rag & Bone Auctions prior to the day of sale with our express written consent. 6. We are pleased to offer absentee and phone bidding for prospective bidders who cannot be present at the auction. Please complete the Absentee Bid and/or Phone Reservation form. Absentee bids are executed competitively and confidentially. All reservations for phone bidding are held in the strictest confidence and MUST be received NO LATER THAN 5:00 PM (CST) the day before the auction. No additional phone bids will be accepted on the day of the auction, including additions to existing bid form(s). Leaving an absentee or phone bid on a lot indicates your willingness to open the bidding at one half the printed low estimate, and gives the auctioneer the authority to open the bidding at that level. Rag & Bone Auctions shall have the right to withdraw any item, at any time, for any reason, and to default any sale in the event of an error or dispute. 7. In the case of identical absentee bids, the bid received first will prevail. Bids left on LiveAuctioneers or Invaluable are not executed until the item is offered in the live auction, without regard to the order in which they are received. If you are an online bidder, please note that your bids may be in competition with bids from a variety of sources, including, but not limited to, phone and/or absentee bidders, in-house (live) bidders, and other bidders using any of our participating online patforms. Please submit your highest and best offer for any item you are interested in, as we will be moving through the auction at a fast pace. We are not responsible for missed bids due to entering a late bid. Following are general guidelines for bidding increments: $0-$50???????.$5 increments $50-100?..?????.$10 increments $100-500??????.$25 increments $500-1,000?????.$50 increments $1,000-2,000????..$100 increments $2,000-$5,000????$250 increments $5,000-$10,000........?..$500 increments $10,000 - $20,000..........$1,000 increments $20,000 - $50,000......?$2,500 increments $50,000 - $100,000??$5,000 increments $100,000 and above..... Auctioneer?s Discretion 8. In our experience, cell phones are not always dependable, and we recommend phone bidding be made on land lines, if available. We make every effort to honor all absentee and phone bid reservations, but we are not liable for any losses incurred as a result of failure to execute absentee bids or failed phone bids. Submitting absentee bids or bidding by phone does not imply an extension of credit. Please see numbers 4 and 5 above. 9. Shipment, including packaging for transport, of all items is the responsibility of the purchaser. We DO NOT, under ANY circumstances, provide in-house shipping or packaging services, nor are we able to provide estimated shipping cost(s). Shipment of all items, including packaging for transport, is the sole and complete responsibility of the purchaser. Rag & Bone Auctions will have no liability for any loss or damage to shipped items. Our default shipping contact is: UPS STORES #2567 & #5543 Drake Smith, Auction Shipping Manager 5233 Bellaire Blvd, Bellaire, TX 77401 Phone: (281) 475-0773 / E-mail: drakeupsstore@gmail.com Purchased Lot(s) for which the winning bidder has not provided specific shipping instructions or preferences, by no later than five (5) calendar days from the date of sale, WILL BE RELEASED, WITHOUT EXCEPTION, to the default shipping provider above. Please contact us if you require additional shipping recommendations. You will need to contact your shipper directly to arrange for packing and shipment of your purchase(s). PLEASE NOTE: IF USING ANY SHIPPER OTHER THAN THE ABOVE UPS STORE, PLEASE BE SURE THAT YOUR SELECTED SHIPPER PICKS UP ITEMS FROM OUR GALLERY LOCATION. WE WILL NOT DELIVER ITEMS TO SHIPPERS. PLEASE ALSO INFORM US OF YOUR SELECTION TO ENSURE YOUR ITEM(S) ARE RELEASED APPROPRIATELY. 10. INTERNET ABSENTEE BIDDERS, PLEASE NOTE: We do not accept ?cut bids?, that is, bids lower than the last interval, from the floor or from phone bidders, nor do we accept them from internet bidders. Thus it is possible that a lot could go to another bidder for less than your absentee bid. For example, if the bids are progressing in ten dollar increments, $50, $60, $70 and your absentee falls at $75, we will not take the bid since it is less than the $10 interval. We always encourage bidders to bid by phone or to leave absentee bids through our gallery to avoid such a situation. We reserve the right to drop the bid price at any point during the auction. 11. All purchases are subject to applicable Texas sales tax unless the Texas Certificate of Resale tax form is fully and completely filled out and received prior to time of purchase. Resale tax numbers from other states are accepted. International buyers are responsible for tariffs, taxes, or assessments of shipped items to the buyer?s country. 12. Bidding on an item indicates your understanding, acceptance of, and agreement to be bound by these Terms & Conditions of Sale. If a purchaser breaches any of these Terms & Conditions of Sale, including the obligation to pay for purchased items, Rag & Bone Auctions may seek all remedies under the law including canceling the sale and re-offering the property without reserve. 13. A buyer?s premium of 24% will be applied to the purchase price of all items. By bidding you agree to all buyers premiums and applicable taxes. 14. If Property is not picked up by purchaser, purchaser's agent, or authorized third party shipping/freight provider within fourteen (14) calendar days following the date of sale, whether or not payment has been made, Rag & Bone Auctions reserves the right to impose, and the purchaser agrees to pay, a minimum storage fee of $50.00, plus $5.00 per lot, per day. For property that is not picked up in accordance with the above after thirty (30) calendar days, an additional administrative fee of $75 will be charged. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. Rag & Bone Auctions shall have no liability whatsoever for any damage to property left on its premises for more than fourteen (14) calendar days following the sale. Purchaser agrees that all Property which is paid for, but left on our premises in excess of sixty (60) calendar days FOR ANY REASON, will become sole property of Rag & Bone Auctions, and will be disposed of by any means Rag & Bone Auctions sees fit. The Purchaser expressly agrees to forfeit any and all right to the Property and relinquishes all right to any refund(s) for properties not removed as stated. 15. Preview is by appointment only, Monday-Friday, from 10 am to 5 pm, with the exception of any sale day or date. Preview must be scheduled prior to the day or date of sale. Please contact our office for an appointment prior to scheduling with your shipper so that we may ensure that you have an appointment available to you. If you are coming in to pick up your items, please schedule with our office so that a staff member will be available to assist you. No items may be retrieved without prior appointment. 16. Export and Permits - It is the purchaser?s sole responsibility to identify and obtain any necessary export, import, firearm, endangered species or other permit for the lot. Any symbols or notices in the sale catalogue reflect Rag & Bone Auctions? reasonable opinion at the time of cataloguing and are for bidders? general guidance only; Rag & Bone Auctions and the Consignor make no representations or warranties as to whether any lot is or is not subject to export or import restrictions or any embargoes. 17. Endangered Species ? Certain property sold at auction, for example, items made of or incorporating plant or animal materials such as coral, crocodile, ivory, tortoiseshell, whalebone, etc., irrespective of age or value, may require a license or certificate prior to exportation and additional licenses or certificates upon importation to another country. Rag & Bone Auctions suggests that international buyers check on foreign governments? wildlife import requirements prior to placing a bid. All buyers agree to comply with any and all domestic and international restrictions on the trade of endangered species as a condition of the sale. Please note that the ability to obtain an export license or certificate does not ensure the ability to obtain an import license or certificate in another country, and vice versa. It is the purchaser?s responsibility to obtain any export or import licenses and/or certificates as well as any other required documentation. In the case of denial of any export or import license or of delay in the obtaining of such licenses, the purchaser is still responsible for making on-time payment of the total purchase price for the lot. Although licenses can be obtained to export some types of endangered species, other types may not be exported at all, and other types may not be resold in the United States. Rag & Bone Auctions is not able to assist the purchaser in attempting to obtain the appropriate licenses and/or certificates, and there is no assurance that an export license or certificate can be obtained. Please check with our specialists if you are uncertain as to whether a lot is subject to these export/import license and certificate requirements, or any other restrictions on exportation. Rag & Bone Auctions will not release lots governed by these restrictions for export or for shipment to the states of California or New York. 18. Due to the embargo on Persian carpets, international shipping is not available. 19. Rag & Bone Auctions makes no warranty or guarantee whatsoever regarding the jewelry, its colored stones, diamonds, other gem materials, or metals, or as to their status as natural, treated, ?earth mined?, man-made or other. Appraisals, descriptions, photographs, are offered as a service and are not intended to be a complete analysis of the qualities and conditions of the jewelry. All identifications, information, weights, quality, cut, value and other estimates, are opinions, limited by examination and grading the mountings, the condition and cleanliness of the items. All gems, colored stones, diamonds, ?cultured or natural pearls, fresh water, south sea, Tahitian pearls?, and other materials used in jewelry, may be enhanced by a variety of treatments. Rag & Bone Auctions makes no warranties or guaranties that any clock or watch is in working order. This auction is conducted by a licensed auctioneer in the State of Texas (Denton Sorrels, License #17596, TDLR [Texas Department of Licensing & Regulation]) under the applicable rules and laws of said State, and covered by the Recovery Fund administered by the Department. We welcome the opportunity to speak with you regarding any comments, compliments, or concerns you may have. We strive to provide outstanding customer service with a personal touch; as such we kindly request the privilege of assisting you with concerns or complaints, should any arise. Unresolved complaints may be directed to: Texas Department of Licensing & Regulation, P.O. Box 12157 Austin, Texas, 78711; (800) 803-9202; or may be filed on-line: https://www.tdlr.texas.gov/complaints