Collector’s Cornerstone auctions:
Displaying vintage furniture, Americana and lower-valued collectibles;
held monthly. B&W lot listing.
Except as noted, Terms and Conditions
are identical for each type of auction. Sale dates and times
are shown in the catalogue or lot listing and on the Sloans
& Kenyon web site.
The Sloans & Kenyon catalogue provides
descriptions and auction estimates for each lot in the sale.
Both low and high estimates are given for each lot. The estimates
are guides for prospective bidders and, where possible, reflect
prices that similar objects have sold for in the past. The
estimates are determined prior to the sale and are subject
to revision to reflect current market conditions. Estimates
should not be relied upon as a representation or prediction
of actual selling prices. Questions can be directed to Sloans
& Kenyon representatives listed in the catalogue.
A public exhibition is held prior to each
auction to enable prospective bidders to examine any items
of interest. Sloans & Kenyon representatives are also
on hand at the exhibitions to answer questions about the auction
process. The dates and times of exhibitions are shown in the
auction catalogue and on the Sloans
& Kenyon web site.
Bidding Numbers
All bidders (except those bidding through
eBay Live Auctions—see below) must register and receive
a Sloans & Kenyon bidding number prior to bidding at the
auction. To obtain a bidding number, contact the Sloans &
Kenyon business office in Bethesda, MD at (301) 634-2330 or
via email at bidder@sloansandkenyon.com.
First-time bidders may also request a bidding number by registering
on the Sloans and Kenyon site. A new bidding number must be
obtained for each auction.
If you have not previously done business with
Sloans & Kenyon, you will be expected to furnish identification
and possibly credit references in order to receive a bidding
number. If you are acting as another’s agent for bidding
purposes, you should provide a letter or other authorization
from the principal.
How to Bid
There are four ways to bid at Sloans &
Kenyon:
(i) in person – with a bidding card issued by Sloans
& Kenyon
(ii) by absentee bid – using the absentee bid form contained
in the back of this catalogue
(iii) by telephone bid – participating in the auction
via telephone (during catalogue auctions only)
(iv) by online (Internet) bid prior to or during the sale.
Bids may be left at this site prior to the sale. After registering
and obtaining a PIN, view or search a catalogue. Go to the
item of interest , click on the 'Bid and Track' icon and you
will be asked for your details.
In partnership with eBay and Artfact,
Sloans & Kenyon also offers live online bidding during
a sale. For more information, please visit www.artfact.com.
Bidders using this venue register with eBay Live Auctions,
not with Sloans & Kenyon. No bidding number is required.
The directions for absentee, telephone and online
bidding are contained in the Terms of Absentee Bidding in
the Sloans & Kenyon Terms and Conditions.
The Sloans & Kenyon Terms and Conditions
apply to all bidding venues.
Bidding Increments
If you are the successful bidder on a lot,
the auctioneer will acknowledge your bidding number and you
will become the purchaser at the time the auctioneer so states.
Bidding will be in accordance with the lot numbers listed
in the catalogue unless the auctioneer states otherwise and
will be in increments determined by the auctioneer. Generally,
but not always, those increments are as follows:
| $0
to $200 |
$10
|
| $200
to $500 |
$25
|
|
$500 to $1,000 |
$50
|
| $1,000
to $3,000 |
$100 |
| $3,000
to $5,000 |
$250 |
| $5,000
to $10,000 |
$500 |
| $10,000
to $20,000 |
$1,000 |
| Above
$20,000 |
Auctioneer's Discretion |
Seller Not Permitted to Bid
on his Own Property
Sloans & Kenyon acts as an agent for the Seller and
prohibits any Seller from bidding on his own property. It
is important for all bidders to know that the auctioneer
may open the bidding on any lot by placing a bid on behalf
of the seller and may continue bidding for the seller by
placing responsive or consecutive bids, but only up to the
reserve. (Please see the next paragraph for information
regarding reserves.) The auctioneer will not place consecutive
bids on behalf of the seller above the reserve.
Reserves
All lots are offered subject to a reserve. A reserve is
the confidential minimum price established between Sloans
& Kenyon and the Seller, below which the lot will not
be sold. The reserve is generally set at a percentage of
the low estimate and will not exceed, in any case, the low
estimate of the lot as contained in the catalogue. Sloans
& Kenyon, at its discretion, may not set reserves for
certain lots.
Hammer Price (or Successful
Bid Price) and Buyer’s Premium
For lots that are sold, the last price for a lot as announced
by the auctioneer is the hammer, or successful bid, price.
A buyer’s premium will be added to the hammer, or
successful bid, price and is payable by the purchaser as
part of the total purchase price. The buyer’s premium
will be the amount stated in the Terms and Conditions, Paragraph
4.
Absentee Bidding
If you choose not to attend a Sloans
& Kenyon auction in person, and wish to place bids;
you may give Sloans & Kenyon instructions to bid on
your behalf. Our representative(s) will then try to purchase
the designated lot or lots of your choice for the lowest
price possible, and never for more than the top bid price
in your instructions. This service is free and confidential.
The Terms and Conditions printed in the catalogue and online
apply to all bidders, whether in person or absentee.
Complete the official Sloans & Kenyon
Absentee Bid Form and fax it back to us at (301) 656-7074
or click absentee bid form for a copy of the form. Be sure
to accurately record the lot numbers, descriptions and the
top price you are willing to pay for each lot. Do not leave
the bid price open (“buy” or “unlimited”
will not be accepted as bids). Always indicate a top limit
– the highest price you would be willing to bid if
you were present at the auction. Always place your bids
in the same order as the lot numbers appear in the catalogue.
Absentee bids MUST be submitted in writing
by fax using the absentee
bidding form. Absentee bids will not be accepted via
telephone.
Each absentee bid form should contain bids
only for the current sale. The particular sale should be
indicated at the appropriate place on the bid form. Please
place yourbid as early as possible. In the event of identical
bids, the earliest received will take priority.
Absentee bids must be received at least
two hours prior to the start of any auction session.
Telephone Bidding (during catalogue
sales only)
Bids may be placed by telephone
during the sale, but are accepted only at Sloans & Kenyon’s
discretion and at the caller’s risk. You may make
arrangements before a sale for a Sloans & Kenyon representative
to contact you at a telephone number of your designation
in order for you to participate in the bidding on particular
lot(s).
Please make your arrangements for telephone bidding as early
as possible. Sloans & Kenyon cannot guarantee that requests
received later than two hours prior to the beginning of
the sale will be executed.
Sloans & Kenyon will not accept telephone bidding for
lots with low estimates under $500.00. Sloans & Kenyon
strongly discourages the use of cellular phones, as they
are not reliable and beeper numbers are not acceptable.
Telephone bids MUST be submitted in writing by fax using
the telephone bid form. Telephone bids will not be accepted via
telephone.
Online (Internet) Bidding
Sloans & Kenyon offers two types of online bidding:
Live (real time) bidding, using the Internet
to place bids as the item is offered for sale, as if you
were actually in the auction gallery. This service is made
available in partnership with eBay Live Auctions and Artfact.
Visit www.ebayliveauctions.com or www.artfact.com
for more information, to register and to bid.
Pre-auction bidding on the Sloans & Kenyon
web site, to leave a bid prior to the auction. This process
is essentially equivalent to leaving an absentee bid, but
using the Internet instead of a printed form. You can also
request that a lot be tracked, which allows you to recall
the item without having to search the sale catalogue. To
bid or track, you first must be registered
Electronic sale catalogues are maintained
at on both Sloans & Kenyon and eBay Live Auctions web
sites.
Like all remote bidders, online bidders
are encouraged to obtain as much information as possible
about any item on which they wish to bid, by requesting
condition reports or, preferably, personal inspection. Regardless
of the buyer’s venue, in-person or remote, all purchases
are “AS IS” and cannot be returned after the
sale except under very limited circumstances. See Rescission
by Purchaser in the Sloans & Kenyon Terms and Conditions.
Sloans & Kenyon reserves the right
to impose additional charges for online purchases. See our
Terms and Conditions for details.
Payment for Purchased Property
If you are the successful bidder on a lot, payment is to
be made immediately following a sale. You will not be permitted
to take delivery of your purchases until payment is made,
unless a credit arrangement has been established with Sloans
& Kenyon. Please contact the Sloans & Kenyon business
office to make arrangements for immediate payment. Sloans
& Kenyon reserves the right to impose a late payment
charge.
Methods of payment include cash, check, wire
transfer and Visa, MasterCard, American Express, Discover,
and debit cards. Sloans & Kenyon may require
that purchases paid by check not be removed until the check
has cleared. To avoid delay in removing your purchases,
you should make arrangements with the Sloans & Kenyon
business office prior to the sale to pre–approve your
check.
Sales Tax
All applicable local and state taxes will be charged on
the sum of the successful bid price plus the buyer’s
premium. If the purchaser has a certificate of exemption
from sales or other taxes from the jurisdiction in which
the auction is held, such certificate of exemption should
be presented to the Sloans & Kenyon business office
prior to the sale. Otherwise, Sloans & Kenyon will collect
all applicable taxes.
Handling Fees
Sloans & Kenyon reserves the right to charge a handling
fee as a percentage of the hammer price for purchases made
with credit cards.
Post Sale Purchases and Price
Lists
Following all Sloans & Kenyon auctions, a post-sale
price list is published which contains the hammer price
for each lot. Unsold lots do not appear on the post-sale
price list. The price
list is available on this site or from the Business
Office.
If you are interested in a post–sale
purchase of an unsold lot, contact the Sloans & Kenyon
Business Office for further information.
Export or Resale Restrictions
Certain property sold at auction may be subject to restrictions
on its export or resale. For example, restrictions may be
imposed under the provisions of the Endangered Species Act
of 1973, the Marine Mammal Protection Act of 1972, the Migratory
Bird Act of 1982 and the state conservation laws of the
state in which the auction is conducted. In order to export
certain items, the successful high-bidder must obtain special
licenses from the Department of the Interior, United States
Fish & Wildlife Service. Although licenses can be obtained
to export some items that are the subject of these, or other
laws, other items may not be exported (such as items containing
whalebone) and some property may not be resold in the United
States.
Prospective purchasers who intend to export
or resell any restricted items are solely responsible for
obtaining such licenses and Sloans & Kenyon cannot and
does not assure the purchasers that such licenses are obtainable
by the purchaser.
Prospective purchasers
are also advised that several countries prohibit the importation
of property containing ivory or tortoiseshell. Accordingly,
prospective purchasers should familiarize themselves with
relevant customs or other regulations prior to bidding,
if they intend to import such property into another country.
Sloans & Kenyon specialists provide fair market value
appraisals for auction purposes. These verbal appraisals
are free of charge and can be arranged by appointment with
one of our Specialist Departments.
We also provide written appraisals for estate,
insurance and probate purposes for a reasonable fee.
For more information regarding appraisals and to schedule
appointments with our department specialists, please contact
Stephanie Kenyon at (301) 634-2330 or email
us at appraisals@sloansandkenyon.com.
Revised 25 August 2003.
| Copyright 2005 Sloans & Kenyon Auctioneers and Appraisers
ALL RIGHTS RESERVED. |
