Pdf Catalogue - John Moran Auctioneers
Pdf Catalogue - John Moran Auctioneers
Pdf Catalogue - John Moran Auctioneers
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
1.<br />
2.<br />
3.<br />
4.<br />
5.<br />
6.<br />
6A.<br />
7.<br />
8.<br />
Conditions of Sale<br />
Lots Sold to The Highest Bidder: The highest bidder acknowledged by the auctioneer shall be the buyer. Under no circumstances are the consignors<br />
or the consignors‚ agents or persons acting on behalf of the consignors permitted to bid at the auction on their consigned property. The auctioneer<br />
has the right to reject any bid, to advance the bidding at his or her absolute discretion and, in the event of any dispute between bidders or any other<br />
issue with respect to the highest bidder, to determine the successful bidder, to continue the bidding or to reoffer and resell the lot in question. In<br />
the event of any dispute after the sale, <strong>John</strong> <strong>Moran</strong> <strong>Auctioneers</strong>‚, Inc., a California Corporation (hereinafter referred to as, JMA), record of final sale<br />
shall be conclusive.<br />
Lots are Sold AS IS. ALL PROPERTY IS SOLD AS IS AND ALL IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS ARE EXCLUDED. NEI-<br />
THER WE NOR THE CONSIGNOR OR OUR ASSOCIATES MAKE ANY REPRESENTATION, EXPRESSED OR IMPLIED WARRANTY, OR GUARANTEE IN<br />
CONDITION, SIZE, PROVENANCE, MEDIUM, SIGNATURE, INSCRIPTION, EXHIBITION (S), IMPORTANCE, RARITY, COUNTRY OR ORIGIN, AGE,<br />
GENUINENESS, SUBJECT HISTORICAL RELEVANCE, MONETARY OR OTHER VALUE, FRAMING OR LACK THEREOF, MOUNTING, CONSERVATION,<br />
COLOR (S), PALETTE, INSCRIPTION, EDITION, STYLE LABEL OR OTHER DESCRIPTOR. NO STATEMENT IN THE CATALOGUE, BROCHURES OR IN<br />
THE BILL OF SALE OR INVOICE OR BIOGRAPHIC INFORMATION OR STATEMENTS MADE BY THE AUCTIONEER DURING THE AUCTION OR<br />
ELSEWHERE SHALL BE DEEMED SUCH A WARRANTY OR REPRESENTATION OR AN ASSUMPTION OF LIABILITY. NO EMPLOYEE OF JOHN MORAN<br />
AUCTIONEERS IS AUTHORIZED TO MAKE, ON OUR BEHALF OR THAT OF THE CONSIGNOR, ANY REPRESENTATION OR WARRANTY, ORAL OR<br />
WRITTEN, WITH RESPECT TO ANY PROPERTY.<br />
Buyer’s obligation to inspect each item: Buyers are strongly encouraged to view all items auctioned on display before the auction to determine the<br />
true condition and nature of any item(s) of interest. Although there is no legal requirement that each buyer inspect lots purchased before the<br />
auction, the failure to inspect may constitute a waiver of that buyer’s complaint that the item was not delivered in a condition equal to the existent<br />
condition at the auction as described in section 14 of these Conditions of Sale.<br />
All Sales Final: Notwithstanding any other terms of these conditions, any and all refunds shall be given at the sole discretion of JMA. Refunds requested<br />
on the grounds of authenticity must be made within 10 days of the auction date, and such requests must be accompanied by at least one<br />
supporting statement in writing from a recognized authority stating that the painting or art sold is incorrect or not the work of the artist. A recognized<br />
authority shall be defined as a person who has authored, edited, or substantially contributed to a monograph on the artist, a person who has<br />
curated, organized or substantially contributed to a solo exhibition on the artist, a person who has represented the artists estate or someone who<br />
represented or worked closely with the artist while they were alive and, in any of the above instances physically handled works of the period, medium<br />
and subject matter in question during the course of their duties. Please note that dealers who advertise to buy a wide range of artists, appraisers<br />
and representatives of other auction firms do not qualify as authenticators of individual artists unless they have had such specific involvement with<br />
an artists work as specified above in addition to their daily duties. Any lot in question must be returned to JMA in the exact same condition as when<br />
sold. Please be advised that JMA does not grant extensions to refund considerations based upon authenticity due to shipping delays. There are no<br />
exceptions to this refund policy.<br />
The Right to withdraw Lots: JMA reserves the right to withdraw any lot before or at the sale.<br />
Buyer’s Premium: The purchase price payable by a buyer shall be the sum of the final bid plus a premium of 15% of the final bid price.<br />
(Effective June 1, 2006)<br />
A 20% buyer’s premium shall apply on all purchases made via ebay Live.<br />
Lots are Subject to a Reserve Price: Some lots in the auction are subject to a reserve, which is the confidential minimum price below which the lot<br />
will not be sold (the reserve). In no event will the reserve price exceed the low estimate. JMA shall act to protect the reserve by bidding through the<br />
auctioneer. The auctioneer may open bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to<br />
bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. The<br />
estimates provided by JMA concerning a given lot, are carefully considered opinions of the cataloguer and fine art staff. Any estimates given are<br />
merely suggestive guidelines for interested buyers. Buyers must be aware that paintings and art are subject to fluctuating values depending on the<br />
subjective interests of collectors and a wide variety of other uncontrollable factors. The lots auctioned may sell at prices either above or below estimates.<br />
Winning Bid Constitutes an Immediate Transfer of Title: Title to the offered lot shall pass to the buyer upon the fall of the auctioneer‚s hammer and<br />
announcement by the auctioneer that the lot has been sold, subject to compliance by the buyer with all other Conditions of Sale. The buyer shall<br />
forthwith assume full risk and responsibility for the lot and shall pay the full purchase price or such part thereof as JMA, in its sole discretion, shall<br />
require. In addition, the buyer may be required to sign a confirmation of purchase or abide by any other financial terms that JMA deems necessary<br />
to protect the interest of the consignors.