Gray's Auctioneers Information Portfolio

left
Ashcan School
(Early 20th Century)
New York Scene
Sellers
We are committed to making the auction
process as convenient, easy and enjoyable as
possible. We will guide you through the whole
appraisal and auction process with the expertise
of our dedicated team of specialists, and we are
dedicated to helping you realize the true value
of your property.
The first step is for us to appraise your property.
You may make an appointment for us to come
to your location, you may send us photographs,
or you may schedule a time to bring your items
to our auction house.
We will then give you a ‘Fair Market Value’
appraisal for each item, based on our specialist’s
knowledge of prices realized in the current
auction market, and their own expertise. We will
also explain our Conditions of Sale, commission
structure, and discuss any ‘reserves’ that may
be set. A reserve is the confidential price below
which we will not sell the item.
If you then decide to sell your items through
us, you will receive a consignment contract
together with a complete inventory of all your
items, their high/low estimates, reserves if any,
date received, and date of auction.
Insurance, packing and delivery of consigned
goods to our location is your responsibility.
We will assist you by recommending movers if
necessary, or where we are able, by arranging
for pick-up and delivery with our own moving
van. You may also drop off your items by
appointment at our auction house. While we
may recommend movers we are not responsible
for their acts, errors or omissions.
After the sale you will receive a settlement
statement listing the hammer price for each
item sold. Within thirty days of the sale you will
receive payment by check, less our commission
and any agreed fees, provided payment has
been received from the buyer.
If any item fails to sell some charges may still be
incurred, for example 2% insurance fees. We will
also charge a ‘buy-in’ fee of 5% of the reserve
price or low estimate if no reserve was set. This
fee is waived if you decide to lower the reserve
and estimate, and re-offer the item in the next
available auction.
Please call us at 216.226.3300 to arrange a
time for us to appraise your property, or send a
photograph of each item by mail, or email us at
appraisals@graysauctioneers.com. Images
may also be uploaded through the Gray’s
Auctioneers App, which is available on iTunes
and Google Play.
19