Lots 1 - Garth's Auctions, Inc.

GARTH’S POLICY (continued)
CONDITION REPORTS:
Absentee bidders should call for an updated condition report. This report supersedes the catalog description. Our staff will take a list of the items you
would like examined and give you a time to call back for a detailed report. Photographs are also available for a nominal fee.
ABSENTEE BIDS:
Garth’s Auctions, Inc. accepts absentee bids including internet bids. These bids are given to an experienced bidder to execute competitively. All absentee
items are purchased as inexpensively as possible. Although our absentee bidding system is 100% honest, it is not foolproof and Garth’s Auctions, Inc. is
not responsible for failing to execute any absentee bids. A $50.00 minimum bid is required on all lots. Absentee bids must be submitted in (a minimum
of) $5.00 increments. Increments less than $5.00 will not be observed. Garth’s Auctions, Inc. also accepts telephone and live auction internet bids. For
phone bidding it is to your advantage and we strongly recommend placing a “back up bid”.
BIDDING INCREMENTS
Absentee and saleroom bidders should be aware of the following bidding increments, to which our auctioneers adhere:
$0-500 $25
$501-1,000 $50
$1,001-3,000 $100
$3,001-5,000 $250
$5,000-10,000 $500
$10,000-30,000 $1,000 or auctioneer’s discretion
$30,000-50,000 $2,500 or auctioneers discretion
$50,000 & up Auctioneer’s discretion
BUYERS PREMIUM:
A buyer’s premium will be added to the successful bid price and is payable by the purchaser as part of the total purchase price. The buyer’s premium is
17.5% of the successful bid price of each lot up to and including $100,000, and 12.5% on any amount in excess of $100,000.
SALES TAX:
Buyers are required to pay state and local sales tax unless exempted by law. If exempt, buyers must file a tax exemption form with Garth’s Auctions, Inc.
before any exemption can be made.
PAYMENT:
Garth’s Auctions, Inc. accepts cash, personal and certified checks or VISA® and MasterCard® as payment for items purchased. Current identification
(valid driver’s license) may be required. Garth's accepts payment in USD only; any currency-conversion fees are at the expense of the buyer. Wire transfer
information is available by contacting our office. Items may not leave the premises until payment is made. Garth’s Auctions, Inc. reserves the right to
hold merchandise until a check has cleared. A fee of $50 will be assessed on all returned checks. If payment has not been initiated within 10 days after
the auction, Garth's reserves the right to charge the credit card on file. A fee of 1.5% per month of the total invoice, in addition to storage charges, will
be charged (minimum finance charge $10) on all invoices not paid by the 28th day after the auction.
PACKING AND SHIPPING:
Garth’s Auctions, Inc. will ship items bought at auction at the purchaser’s risk. Purchasers will be billed for packing, handling, postage and insurance.
Merchandise will be shipped within 15 days of receipt of payment. Garth’s Auctions, Inc. is in no way responsible for the acts or omissions of
independent contractors, packers or carriers of purchased merchandise. Customers who prefer to use a different shipping company should disregard
the shipping charges on their invoice, and notify Garth’s to make arrangements for release to their preferred shipper. In most cases furniture is
shipped through independent contractors. A list is available upon request. Packages refused by recipient, or which for any reason cannot be
delivered, are the responsiblilty of the buyer including any payments for forwarding, disposal, or return transportation charges. International
shipments: buyers are additionally responsible for customs charges, penalties, duties, storage charges or other expenses incurred as a result of
an action by customs. Payment of invoice and shipping charges indicates acceptance of the terms of shipment.
STORAGE:
Garth’s Auctions, Inc. requires that purchased items must be removed from the premises within 15 days of the auction unless other arrangements have
been made. A notice of 24 hours must be given before items are picked up. Garth’s Auctions, Inc. reserves the right to charge a fee of $5 per day, per
item, if not removed within the requested time frame. Items not removed after 60 days may, at the discretion of Garth’s Auctions, Inc., be sold without
notice to the original purchaser, to cover the cost of the merchandise and storage charges. Items are stored at the buyer’s risk.