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H Odginsauction.Com FALL 2019 HODGINSAUCTION.COM FALL 2019 AUCTION LIVE SESSION Lots # 1 - 98 Sunday, December 1 @ 2 p.m. MT (with webcast and real-time bidding) ONLINE SESSION Lots # 100 - 269 Monday, December 2 @ 7 p.m. MT (staggered soft close) SHOWROOM VIEWING Friday, November 29 Noon - 4 p.m. Saturday, November 30 Noon - 4 p.m. Sunday, December 1 10 a.m. - sale time Preview and Auction to be held at: Hodgins Art Auctions Ltd. 4115-7005 Fairmount Drive SE Calgary AB T2H 0J1 Tel: 403-252-4362 Fax: 403-259-3682 Email: [email protected] HODGINSAUCTION.COM TERMS AND CONDITIONS OF SALE 1. A buyer’s premium of 17% (20% for credit card payments) which date the purchaser shall be responsible for all storage will be charged on the hammer price on all lots, subject to charges until the date the lot is removed from the offices of invoice deadline. Hodgins Art Auctions Ltd. 2. Goods and Services Tax (GST) of 5% will be charged on the 10. Payment in full must be made within three days by cash, hammer price and buyer’s premium on all lots. Harmonized Sales certified cheque, Visa, Mastercard, bank draft or wire/email Tax (HST) in rates applicable to the purchasing province will transfer unless other arrangements have been made with the apply unless the purchaser takes legal possession of auctioneer. Credit card transactions may be limited to $ 5,000. purchases within Alberta. If a purchaser from an HST eligible If the purchaser fails to pay for any lot within seven (7) days province arranges their own shipping, then the legal delivery from the date of the auction sale, Hodgins Art Auctions Ltd. may, is deemed to have occurred within Alberta and only GST shall without limitation of rights of Hodgins Art Auctions Ltd. against apply. the buyer, resell any of the articles ffa ected and in such case the original buyer shall be responsible to Hodgins Art Auctions 3. Although Hodgins Art Auctions takes great care and diligence in the cataloguing of lots offered for auction, all property is sold Ltd. for; (a) any deficiency in price between the re-sale amount “as is”. Prospective bidders should inspect the property before and the amount to have been paid by the original buyer; (b) any bidding to verify the condition, size, authenticity, etc. All reasonable charge by Hodgins Art Auctions Ltd. for the storage photographic representations and other illustrations are of such articles until payment and removal by the subsequent presented for guidance and are not to be relied upon in terms of buyer;(c) the amount of commission which Hodgins Art Auctions tone or colour or to reveal any imperfections in the lot. Ltd. would have earned had payment been made in full by the original buyer. 4. Notwithstanding the preceding condition, if within twenty-one (21) days of the sale of any lot, the purchaser can 11. Neither Hodgins Art Auctions Ltd. nor its employees nor its provide to us, in writing, the opinion of two acknowledged agents shall be liable for any loss or damage of kind to the lots experts that the art is inaccurately attributed in the catalogue after the expiration of seven (7) days from the date of the sale, and within fourteen (14) days after such notice the purchaser whether caused by negligence or otherwise, while any lot is in or returns the lot to us in the same condition as when sold, we as under the respective custody or control of Hodgins Art Auctions agent for the Consignor will rescind the sale and refund the Ltd. purchase price. Due to both time constraints and changing 12. It is the responsibility of the buyer to make all arrangements scholarly opinion 19th century and earlier works of art are not for insuring, packing and removing the property purchased and subject to the provisions as outlined. any assistance by Hodgins Art Auctions Ltd. or the employees of, agents or contractors in packing and removal shall be rendered 5. We reserve the right to withdraw any property before sale. as a courtesy and without any liability to them. Hodgins Art 6. Unless otherwise announced by the auctioneer, all bids are Auctions Ltd. shall not be liable for any damage to glass or per lot as numbered in the catalogue. frames and shall not be liable for any errors or omissions or 7. The auctioneer reserves the right to refuse admission to the damage caused by packers and shippers, notwithstanding the sale, to refuse to approve the registration of any online fact that Hodgins Art Auctions Ltd. may have recommended such bidder, or to refuse to recognize any or all bids from any person shippers or packers to the purchaser. or persons at any auction. If the auctioneer decides that any 13. The purchaser(s) acknowledges that certain properties of opening bid is below the value of the lot offered, he may reject Canadian cultural import may be subject to the provisions of the same and withdraw the lot from sale, and if, having Cultural Property Import and Export Act of Canada. acknowledged an opening bid, he decides that any advance thereafter is insufficient, he may reject the advance. 14. Persons attending the previews and sales, or during removal of goods assume all risks to person and property and specifically 8. The highest bidder acknowledged by the auctioneer will be releases Hodgins Art Auctions Ltd. from liability. Hodgins Art the purchaser. In the event of a dispute between bidders, or in Auctions Ltd. shall not be held liable by reason of any defect in the event of doubt on our part as to the validity of any bid, the or condition of the premises on which the auction sale is being auctioneer will have the final discretion either to determine the held. successful bidder or to reoffer and resell the article in dispute. In any dispute arises after the sale, our sales record is conclusive. 15. This agreement comprises the entirety of the contract between Hodgins Art Auctions Ltd. and the buyer. Hodgins Art 9. On the fall of the auctioneer’s hammer, or at the close of Auctions Ltd. shall not be held liable in respect of any represen- online bidding, title to the offered lot will pass to the highest tations not made in writing herein. This agreement shall be gov- bidder acknowledged by the auctioneer, subject to the erned in accordance with the laws of the Province of Alberta. In conditions set forth herein, and such bidder thereupon (a) the event of a dispute hereunder, the Buyer agrees to submit to assumes full risk and responsibility therefor, (b) will thereupon the exclusive jurisdiction of the provincial courts and the federal pay the full purchase price therefore or such part as we may courts sitting in the Province of Alberta. require. All property must be removed at the purchaser’s expense not later than seven (7) days following its sale, after WAYS TO BID - A GUIDE FOR PROSPECTIVE BIDDERS TRADITIONAL BIDDING IN PERSON Register in-house, obtain your bid card, and attend the auction. ABSENTEE BIDDING Complete the Absentee/Phone Bid Form (found online or at the end of the catalogue) list your maximum bids and return the form to us by fax or email. Alternately, complete the form at the preview and submit it in person. Please read the Guide to Absentee Bidding prior to completing the form. A staff member will administer your bids during the auction, bidding only up to your instructed maximum against competing bids. TELEPHONE BIDDING Complete the Absentee/Phone Bid Form, writing “PHONE” in the Maximum Bid column. Submit the form to us, as with absentee bidding. A staff member will call you during the auction shortly before your desired lot(s). This representative will relay information and your bids during the sale. You should provide a backup phone number and/or a backup Absentee Bid in case we are unable to reach you. ELECTRONIC BIDDING Our live auctions feature a WEBCAST. This means that during the live auction prospective bidders can listen to real-time audio. Also, bidders can place their bids electronically. There are two ways to do this, but first you must create a user account (or log in to your existing account) And register for the auction. When you register to bid through our Web Catalogue you will receive a confirmation email. approximately one-half hour prior to the auction a “Bid Live” button will appear in the Web Catalogue. ELECTRONIC PRE-BIDDING An Electronic Pre-bid is similar to an Absentee Maximum Bid, but it is administered by the software. Simply click into the lot detail page, fill in your maximum bid, and click on the “Place Bid” button. You will be asked to confirm your bid, and once you do so it takes effect immediately. This is a contractually binding bid. The current winning pre-bid will appear online prior to the live auction (this is not necessarily the winning bidder’s maximum bid). ELECTRONIC REAL-TIME BIDDING (DURING THE AUCTION) Live auctions are held in our showroom with an auctioneer and bidders in attendance, but you can be at a computer anywhere to bid live. Our clerk relays all electronic bids to the auctioneer during the live auction. NOTE: the auctioneer needs to acknowledge electronic bids before they are officially accepted. In the event of a tie between an electronic bidder and a floor bidder, the floor bid will take precedence. We recommend that you bid quickly and use a desktop or laptop computer. Bids placed during “fair warning” status are not guaranteed to be accepted.
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