Discovery Estate Auction Day 1

TERMS OF SALE

Each lot in the auction and/or catalog is subject to the following terms and conditions of sale, as supplemented in writing or otherwise by us at any time before the sale. By registering to bid, bidding, or purchasing in any way a lot from Crafted Auctions, the client agrees to be bound by these terms.

Auction

The auctioneer will introduce each object for sale, hereby referred to as “lots”, in numerical order as listed in the corresponding catalog or website.

The estimates that appear with each lot description are approximations reflecting the range in which the hammer price may fall. Some lots are subject to a reserve, the price below which an item cannot be sold. In most instances, the reserve is less than the low estimate.

The auctioneer determines the highest bidder and selling price of every lot. He or she may re-offer and resell any lot and will be responsible for resolving any dispute in bidding. The judgment of the auctioneer is final and binding.

Bidding

To bid in an auction, you must create an account with us and register for that auction. This account is different from your CraftedAuctions.com retail website account. But, once you have an auction bidding account with us, you will only need to register for each future auction in which you plan to bid. You may register for and participate in any auction as soon as the auction goes live on our Site.

A client unable to attend the sale may bid via phone, absentee, or online. Please complete and submit an absentee or telephone bid form on our website, or at the auction house.

Crafted Auctions assumes no responsibility for a failure to execute any bid or errors or omissions made in connection with any remote bidding arrangement.

During phone bidding, an agent representing Crafted Auctions will call the client during the live sale to execute bids on client’s behalf. The client should instruct Crafted Auctions’ agent to bid as they choose. Please make arrangements for phone bidding as early as possible as there are a limited number of phone lines available. Crafted Auctions does not guarantee an available phone line if arrangements are made after 5:00pm CST on the day prior to a sale.

Clients may leave absentee bids to be executed by one of our representatives. Crafted Auctions makes every effort to purchase a lot as inexpensively as possible without exceeding the client’s limit. Please submit absentee bids prior to 5:00pm CST on the day prior to the sale.

Internet bidding is available through online platforms. Crafted Auctions is not responsible for errors or omissions when client utilizes said platform.

Auction bid increments are as follows:

$0-200$10 increments$200-500$25 increments$500-1,000$50 increments$1,000-3,000$100 increments$3,000-5,000$250 increments$5,000-10,000$500 increments$10,000-30,000$1,000 increments$30,000-50,000$2,500 increments$50,000-100,000$5,000 increments$100,000+$10,000 or auctioneer’s discretion

Condition Reports, Guarantee, & Preview

It is the client’s responsibility to be aware of all conditions, addendums, and corrections prior to the sale. Auction items are available for viewing during the week prior to the auction during hours of operation or by appointment. Crafted Auctions encourages all clients or knowledgeable representatives to visit and inspect all lots during this viewing period. If an in-person inspection is not possible, we encourage clients to contact us with condition report requests well in advance of the sale. Crafted Auctions will provide our opinion of condition, answer any questions, and provide additional photographs per the client’s request. Any such opinion is not a statement of fact, but is given to the best of our knowledge.

Crafted Auctions guarantees the authenticity of each lot in the catalog, as amended by oral or written salesroom notes or announcements. This guarantee is in effect for 30 days after the auction in which the lot was sold. The guarantee does not apply to those lots listed as: “in the style of”, “attributed to”, “the school of”, “in the manner of”, or “after”. Crafted Auctions is not responsible for errors or omissions in the catalog or in written or oral condition reports. All measurements are approximate. Crafted Auctions makes every effort to accurately describe its merchandise, but in the event that errors occur, Crafted Auctions shall not be held responsible. It is the client’s responsibility to be well informed before bidding. Bidding in our sale indicates your acceptance of these terms and any terms announced the day of the sale.

Purchasing, Storage, & Shipping

By bidding in any sale, the client understands that their bid constitutes a legally binding agreement to purchase said lot if accepted by the auctioneer. Client assumes responsibility to pay the purchase price, as well as the buyer’s premium and any additional expenses in connection with your purchase of the lot, including handling, shipping, insurance, taxes, and export. Crafted Auctions may impose a storage fee of $5 per day per lot beginning after twenty-one days from due date unless prior arrangements have been made. Client agrees that Crafted Auctions shall have no liability for any damage to property left on premises after this twenty-one-day period.

All purchases are subject to state and local sales tax unless the client provides a certificate of exemption at the time of purchase. Sales tax will not be refunded at a later date.

A buyer’s premium will be added to the hammer price and is payable by the client as part of the total purchase price for each lot purchased. Purchases will be subject to the following premium increments: 18% of the hammer price.

Please note: Lots purchased utilizing Live Auctioneers, BidSquare, or HiBid will incur an additional 5% charge that will be added to the buyer’s premium.

Crafted Auctions accepts cash, checks, wire transfers, American Express, Visa, and MasterCard, Paypal, Venmo, Cash App for payment. If paying with cash or check, Crafted Auctions may require verification of identity and confirmation of permanent address.

Once payment has been received and cleared, lots purchased may be released to the client.

If payment is not made within ten days after its due date, or if the client defaults and/or breaches his or her obligations, the client agrees to pay Crafted Auctions all damages, attorney fees, and expenses, together with interest at the highest rate allowed by law on the balance due. Client agrees that state and federal courts in East Peoria, IL shall have exclusive jurisdiction over all matters arising out of client’s purchase from Crafted Auctions and that service of process in any such proceeding shall be effective if mailed to client’s address last supplied to Crafted Auctions.

Crafted Auctions offers safe and economical methods for the delivery and shipping of most domestic and international purchase. All lots are shipped fully insured unless the client provides a signed waiver. Crafted Auctions is not liable for any damage to lots caused by shippers; all such claims must be settled between the client and the shipper. Delivery and shipping fees are payable by the client and are not refundable. Crafted Auctions will handle most shipping in-house for both domestic and international. We pride ourselves on offering professional, reasonably priced shipping costs that are prompt and safe.