![]() ![]() At Eldred's option, payment will not be deemed to have been made in full until Eldred's has collected funds represented by checks, or in the case of bank or cashier's checks, their authenticity has been confirmed. In addition, the purchaser may be subject to one or more of the following actions: a) Any and all legal remedies available to Eldred's and its consignors by law including without limitation the right to hold the purchaser liable for the total purchase price b) Immediate cancellation of the sale, with Eldred's retaining as liquidated damages all payments made by the purchaser c) Resale of the property at public auction, wherein the original purchaser shall be liable for any deficiency, costs, and Eldred's commission on both sales. ![]() Any bills not paid in full within 25 days of the date of the sale will accrue interest at a rate of 1.5% per month. Payment in full is due within 7 days of the time of sale. PAYMENT: On title passing to the highest bidder acknowledged by the auctioneer, and subject to all the conditions set forth herein, such bidder will thereupon pay the full purchase price. TITLE: Except as herein otherwise provided, title will pass to the highest bidder as determined by the auctioneer, and the property is thereafter at the purchaser's sole risk and responsibility.ħ. Eldred's may refuse to issue bidding privileges to any person not in good credit standing with Eldred's, who has no credit standing, or to any person who is deemed by Eldred's in its sole discretion, to be disruptive of or harmful to established auction practices, either before or after the acceptance of bids or the fall of the hammer.Ħ. At his discretion, he may also reject any nominal raise or any bid that he may determine as having a detrimental effect on the item in question or the sale as a whole. REJECTION OF BIDS: The auctioneer reserves the right to reject any nominal raise or any bid or raise which, in his opinion, is not commensurate with the value of the article being offered. In the event of any dispute between bidders, the auctioneer may determine who is the successful bidder or the auctioneer may re-offer the article in dispute and his decision shall be final.ĥ. ![]() DETERMINATION OF HIGHEST BIDDER: The highest bidder accepted by the auctioneer shall be the buyer. Eldred's reserves the right to withdraw any property before the sale.Ĥ. Unless otherwise announced by the auctioneer at the time of sale, all bids are per lot as numbered.ģ. Bidders are encouraged to personally examine all property to be sold prior to the beginning of the auction.Ģ. ![]() No statements shall be deemed such a warranty or representation or an assumption of liability with respect thereto, but are to be construed as opinions only. (hereinafter referred to as Eldred's) has exercised reasonable care to catalog and describe correctly the property to be sold, but neither Eldred's nor its consignors warrant the correctness of description, attribution, authenticity, or condition of said property. Please refer to our Advice to Bidders for details.ġ. Absolutely no goods will be released for shipment until payment has cleared. In the case of fragile articles, shipping will be undertaken at the sole discretion of the shipper. Eldred's will not be responsible for damage or loss once the item has been received by the shipper. The UPS store, Pak Mail Store or shipper of purchasers discretion will be responsible for removing them and storing them at the purchasers expense until shipment. After payment purchases will not be kept in Eldred's possession pending delivery, for more than a week. Eldred's must be informed as to such arrangements. Any other arrangements are the responsibility of the purchaser. Eldred's will provide alternative shipping suggestions for items to large to be handled by these firms. Eldreds uses the local UPS store or Pak Mail store. In all cases the packing and shipping will be handled by an outside agent and arranged for by the purchaser. Money Order / Cashiers Check, Personal Check, Wire Transfer Shipping ![]()
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