Terms of Sale

 

  1. THE ITEMS IN THE LOTS OF THIS CATALOG ARE SOLD IN AS IS CONDITION. MOST OF THE ITEMS OFFERED ARE QUITE OLD AND SHOULD BE INSPECTED FOR DEFECTS AND LOSSES PRIOR TO BIDDING. J. GREENSTEIN AND CO., INC. WILL TRY TO DESCRIBE THESE ITEMS FOR THE CONSIGNOR AS ACCURATELY AS POSSIBLE. HOWEVER, THESE DESCRIPTIONS AS TO AGE, ORIGIN, AUTHORSHIP, AND CONDITION ARE ONLY THE OPINIONS OF OUR EXPERTS AND ARE NOT BINDING. PROSPECTIVE BIDDERS ARE ENCOURAGED TO EXERCISE DUE DILIGENCE PRIOR TO BIDDING.

  2. J. GREENSTEIN & CO. RETAINS THE RIGHT TO WITHDRAW ANY LOT PRIOR TO, OR DURING THE AUCTION, FOR ANY REASON UNTIL TIME OF THE AUCTIONEER’S SALE OF THAT LOT.

  3. THE FINAL PURCHASE PRICE OF THE LOT WILL BE THE AUCTIONEER’S HAMMER PRICE PLUS 28% BUYER’S PREMIUM. THE PURCHASER MUST PAY ANY NEW YORK SALES TAX OF 8.875% UNLESS A VALID RESALE NUMBER IS FURNISHED OR IS ON FILE WITH OUR OFFICE.

  4. ALL LOTS MAY BE PICKED UP FROM 12PM UNTIL 5PM AT THE 417 CENTRAL AVENUE, CEDARHURST ADDRESS, AND PAID FOR AT THAT TIME. DELIVERY IN THE GREATER NEW YORK AREA WILL BE MADE AVAILABLE FOR THOSE UNABLE TO PICK UP THEIR LOTS. ALL OTHER LOTS WILL BE SHIPPED UPON PAYMENT FOR THE COST OF SHIPPING. THERE IS NO CHARGE FOR HANDLING OR PACKING.

  5. THE AUCTIONEER WILL ACKNOWLEDGE THE HIGHEST BIDDER. HIS WORD IS FINAL. THE AUCTIONEER RESERVES THE RIGHT NOT TO ACCEPT ANY BID HE DEEMS UNFIT. HE MAY ADVANCE THE BIDDING UP TO THE RESERVE (THE MINIMUM CONFIDENTIAL AMOUNT THAT THE CONSIGNOR IS WILLING TO SELL THE OBJECT FOR). IF A DISPUTE ARISES, THE AUCTIONEER HAS THE RIGHT TO CANCEL THE SALE AND RE-OFFER THE LOT.

  6. WE WILL ACCEPT ORDER BIDS UP UNTIL TUESDAY NIGHT BY FAX OR YOU MAY LEAVE THEM AT THE AUCTION SITE UP UNTIL THE TIME OF THE AUCTION. WE DO NOT ACCEPT RESPONSIBILITY FOR ERRORS AND OMISSIONS IN RELATION TO ORDER OR PHONE BIDDING.

  7. OUR EXPERTS WILL BE AT THE VIEWING. PLEASE FEEL FREE TO ASK THEM QUESTIONS AND RELATE ANY CONCERNS.

  8. THE AUCTIONEER WILL DETERMINE BIDDING INCREMENTS AT THE TIME OF THE EXECUTION OF EACH LOT. FOR LOTS OVER $1000, THE MINIMUM INCREMENT SHALL BE NO LESS THAN $100. FOR LOTS OVER $10,000, THE MINIMUM INCREMENT SHALL BE NO LESS THAN $500, AND FOR LOTS OVER $50,000, THE MINIMUM INCREMENT WILL BE NO LESS THAN $2500.

  9. PAYMENT MAY BE MADE WITH CERTIFIED CHECK, MONEY ORDER OR WITH A CREDIT CARD. PERSONAL OR PRIVATE COMPANY CHECKS WILL NOT BE ACCEPTED UNLESS YOU ARE KNOWN TO US, OR ARE WILLING TO WAIT FOR THE CHECK TO CLEAR PRIOR TO LOT DELIVERY. SALES TAX MUST BE COLLECTED ON ALL LOTS UNLESS A VALID RESALE OR NOT-FOR-PROFIT CERTIFICATE IS GIVEN AT THE TIME OF PAYMENT.