Conditions of Sale
Conditions of Sale
By bidding at auction, whether present in person or by agent, by absentee bid, telephone, internet or other means, the buyer agrees to be bound by these Conditions of Sale.
1. Unless otherwise indicated, Andrew Jones Auctions, is acting as an agent for the seller (consignor).
2. The 'bid price' refers to the highest bid acknowledged by the auctioneer. The highest bidder acknowledged by the auctioneer shall be the buyer. The auctioneer 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 to determine the successful bidder or to reoffer and resell the lot in dispute. If any dispute arises after the sale, Andrew Jones Auctions sale record shall be conclusive in all respects.
3. The 'purchase price' is the sum of the final bid (hammer price) plus the buyer's premium and applicable sales tax, unless the buyer is exempt by law from such taxes. The buyer's premium per lot is 25% on the first $500,000; 18% on the amount between $500,001 and $2,000,000; 12% on any amount above $2,000,000. Bidders using Liveauctioneers online bidding platform will be subject to an additional 5% premium.
4. Payment must be received by Andrew Jones Auctions within three business days following the auction. We accept bank wire transfers, checks and credit cards (to a maximum of $50,000). ALL INTERNATIONAL BUYERS WITH ANDREW JONES AUCTIONS MUST PAY BY WIRE TRANSFER. All payments made by personal check will be subject to clearance before purchases can be collected. Buyers who have not purchased from Andrew Jones Auctions previously will be asked to provide photo identification, method of payment and/or financial references prior to the auction. Buyers outside of the United States must submit payment via wire transfer.
5. Buyers on the LiveAuctioneers platform have the option of using the LiveAuctioneers Live.Payments system. Buyers using the platform may pay via any major credit card or eCheck (ACH) by clicking the Pay Now button on the LiveAuctioneers invoice. Please note LiveAuctioneers charges a processing fee of 3% on all transactions. If the buyer has a card on file with LiveAuctioneers, it will be automatically charged 72 hours after receipt of invoice.
6. Buyers shall not take possession of any lot until all amounts due to Andrew Jones Auctions have been paid in full. Packing material and loading assistance are NOT provided.
7. All lots must be removed within fifteen days of the date of the auction or storage charges of $10/day will be charged for each lot, or property will be sent to offsite storage at the buyer's expense. If property is not collected within ninety days, it will be considered abandoned and Andrew Jones Auctions reserves the right to retain any payments made and to sell the property in order to recover storage fees.
8. Andrew Jones Auctions does not have in-house shipping services; however, we can provide you with information on third-party shippers for you to contact directly. Andrew Jones Auctions is not responsible for the services provided by third-party shippers.
9. Upon fall of the hammer, title to any offered lot will immediately pass to the highest bidder, subject to compliance by the buyer with these Conditions of Sale. The buyer assumes full risk and responsibility of the property sold, agrees to sign any requested confirmation of purchase and agrees to pay the full purchase price.
10. We reserve the right to withdraw, postpone or cancel any lot or sale before or during the auction for any reason.
11. No lot may be transferred.
12. All property is sold AS-IS. Andrew Jones Auctions, its agents, employees and the consignor, make no warranty or guarantee of title, merchantability or fitness for a particular purpose, or other warranty or representation regarding the description, authenticity, attribution, period, culture, source, origin, provenance, age, size or condition. For this sale, please see supplementary conditions of sale and glossary.
13. Andrew Jones Auctions offers absentee, telephone and internet bidding as a convenience to clients and does not accept responsibility for errors or failure to execute bids for any reason. Internet bidding is offered through third-party online bidding platforms.
14. Unless otherwise stated, lots offered may be subject to a reserve. The reserve is a price that we cannot sell an item below. This price is confidential between Andrew Jones Auctions and the seller. By law, the reserve cannot exceed the low estimate of any given lot. The auctioneer will protect the reserve on behalf of the seller by opening bidding or advancing bidding until reaching the reserve.
15. The copyright on all images, illustrations, digital images and text of any catalog produced by Andrew Jones Auctions are the property of Andrew Jones Auctions. You will not reproduce such text, photographs, illustrations or digital images without our prior written consent.
16. In the event that delivery cannot be made to the buyer because of loss due to fire, theft or any other reason, or a sale cannot be completed, our liability will be limited to the purchase price.
17. Condition reports are offered as a courtesy to our clients and are a statement of opinion and should not be treated as a statement of fact. Andrew Jones Auctions is not responsible for any error or omission. The absence of a condition report on an item does not imply the lot is in perfect condition or free from typical wear or effects commensurate with age. Buyers or their agents are responsible for determining to their own satisfaction the condition of any lot prior to bidding.
18. The respective rights and obligations of the parties with respect to these Conditions of Sale and the conduct of the auction shall be governed by and construed, interpreted, applied and enforced in accordance with the laws of the State of California. By bidding at auction, be it in person or by agent, absentee bid, telephone, internet or other means, the buyer shall be deemed to have consented to the jurisdiction of the courts of California.
As of January 1st 2023, all payments by credit cards will be subject to a 3% acceptance fee.
Special Notice to Prospective Jewelry Buyers:
Prospective jewelry bidders should exercise caution. Diamonds
and gemstones commonly undergo various type of treatments,
including but not limited to: heat treatment, irradiation, oiling,
bleaching and/or dyeing, resin and/or polymer impregnation,
diffusion, fracture filling, laser drilling, high temperature
high pressure (a.k.a. HTHP) and coating with wax or other
compounds. These represent some of the treatments which
are common in the industry and are generally considered
acceptable. While Andrew Jones Auctions endeavors to
disclose the most noteworthy of these, many treatments are not
listed in the catalog as many gemstones are regularly treated
with one or more of these treatment or enhancements.
Therefore we would like to remind all prospective buyers that
unless otherwise noted in the catalog, the buyer should assume
that one or more of these treatments is present in the described
gem material and may or may not be permanent or detectable.
When Andrew Jones Auctions has obtained additional
information from a reputable, recognized laboratory or external
source, we will commonly include the findings in our catalog
description as additional information to prospective buyers.
Various laboratories exist for these types of reports and findings
may or may not be in agreeance with each other. Therefore,
Andrew Jones Auctions makes no guarantees as to the
accuracy or consistency of these reports and/or findings, but
rather we provide this information to our clients in order to assist
them in making determinations for bidding purposes.
Special Notice to Prospective Watch and Timepiece
Buyers:
Prospective watch and timepiece bidders should exercise
caution. While Andrew Jones Auctions offers a short description
of the piece, the catalog notes and condition reports are not
intended to be a complete analysis of the condition of any
watch or timepiece. All watches and timepieces offered at
auction are often of age and have received much wear during
their lifetime. All watches and timepieces are to be sold in 'as
is' condition and we encourage bidders to evaluate the piece in
person prior to bidding.
CITES:
Some materials such as coral, shell, horn and bone (to name
a few) are subject to import/export regulations in compliance
with CITES. Items containing a material listed under CITES
protection may require additional licenses or be banned
completely from import or export to and from the US and other
countries.
BURMA:
In accordance with the current US restrictions, import into the
US of materials which originated from Burma during the tenure
of this restriction (most notably jade and ruby) is not permitted.
In either of these above mentioned cases concerning CITES,
Burmese or any restricted material, it is the responsibility of
the buyer to obtain any necessary licenses or documentation
that is required to ship any materials that fall under these legal
restrictions. Failure to obtain permission or licenses to import or
export items purchased at auction does not justify cancellation
of sale or delay in payment settlement.
Buyer's Premium
The 'purchase price' is the sum of the final bid (hammer
price) plus the buyer's premium and applicable sales tax,
unless the buyer is exempt by law from such taxes. The
buyer's premium per lot is 25% on the first $500,000;
22% on the amount between $500,001 and $2,000,000;
16% on any amount above $2,000,000.
Payment
Payment must be received by Andrew Jones Auctions within three business days following the auction. We accept bank wire transfers, checks and credit cards (to a maximum of $50,000). As of January 1st 2023, all payments by credit cards will be subject to a 3% acceptance fee. ALL INTERNATIONAL BUYERS WITH ANDREW JONES AUCTIONS MUST PAY BY WIRE TRANSFER. All payments made by personal check will be subject to clearance before purchases can be collected. Buyers who have not purchased from Andrew Jones Auctions previously will be asked to provide photo identification, method of payment and/or financial references prior to the auction. Buyers outside of the United States must submit payment via wire transfer.
Shipping Terms
**All lots from this sale must be collected (following payment in full) by Friday, October 6th at 5pm (Pacific Time). Lots not collected by this date will be sent to offsite storage at the buyer's expense.**
Andrew Jones Auctions does not have in-house shipping
services; however, we can provide you with information
on third-party shippers for you to contact directly. Andrew
Jones Auctions is not responsible for the services
provided by third-party shippers.
Condition
All property is sold AS-IS. Andrew Jones Auctions, its
agents, employees and the consignor, make no warranty
or guarantee of title, merchantability or fitness for a
particular purpose, or other warranty or representation
regarding the description, authenticity, attribution, period,
culture, source, origin, provenance, age, size or condition.
Condition reports are offered as a courtesy to our clients
and are a statement of opinion and should not be treated
as a statement of fact. Andrew Jones Auctions is not
responsible for any error or omission. The absence of
a condition report on an item does not imply the lot is
in perfect condition or free from typical wear or effects
commensurate with age. Buyers are responsible for
determining to their own satisfaction the condition of any
lot prior to bidding.
