CONDITIONS OF SALE
Shannon’s LLC Fine Art Auctioneers acts solely as
an agent for various owners and consignors. It exercises
care in describing all items listed and uses judgment
in attributing authorship, but offers no guarantee regarding
authenticity, condition, or description. The items described
in this catalog, which description may be amended by
notice or announcement at sale time, are offered for
sale by Shannon’s LLC as agent for various owners or
others authorized to sell the items. Hereinafter, Shannon’s
LLC is referred to as the Sellers agent. The owners
or others authorized to sell the items are hereinafter
referred to as Sellers. The person or persons acknowledged
by the auctioneer to be the highest bidder on an item
shall be hereinafter referred to as the Buyer or Buyers.
Shannon’s LLC reserves the right to change the terms
of sale by oral announcement. Any such change shall
become part of the Conditions of Sale. By placing of
a bid, whether present at the sale in person or by agent,
by written or oral bid, by telephone or other means,
the Buyer agrees to be bound by these conditions of
sale.
- The highest bidder acknowledged by the auctioneer
shall be the Buyer. In the event of any dispute between
bidders, the auctioneer has the absolute discretion
to determine which bidder is the successful Buyer
or to re offer the item in dispute and resell it.
- In the event of any dispute after the sale, Shannon’s
LLC’s record of the final sale price and of the successful
buyer shall be conclusive Shannon’s LLC reserves the
right to withdraw any item before or during the sale.
- Shannon’s LLC reserves the right to sell items
which are not listed in the catalogue.
- Many items in the auction are sold subject to a
reserve. Such reserve is confidential, but in no case
will the reserve exceed the low estimate. The auctioneer
may reject any bid or increment not commensurate with
the value of the lot.
- Order bids are accepted. A deposit may be required.
Absent parties may place bids by mail, email, fax
or in person prior to the sale. Order bids
must be placed 24 hours prior to the day of sale.
Shannon’s LLC will execute such bids up to the maximum
amount specified. Shannon’s is not responsible for
errors or omissions in the execution of these bids.
Phones must be reserved 24 hours prior to
the day of sale. Phone bidders are encouraged
to leave a cover bid in case of technical failure.
- A premium of 20% per lot of the successful bid up to and
including $500,000, and 12% on any amount exceeding
$500,000 per lot, will be applied to the individual
hammer price of all lots sold, to be paid by the buyer
as part of the purchase price. Payment may be made
by cash, check or wire transfer. Visa or MasterCard
may be used up to the amount of $25,000 per auction.
Purchases are subject to 6% CT sales tax. ALL
ITEMS MUST BE PAID FOR WITHIN 14 DAYS OF THE SALE,
AT WHICH POINT THEY WILL BE RELEASED FOR SHIPMENT
OR DELIVERY.
- Limited Warrantee: Although Shannon’s LLC exercises
due care in describing the items listed and use good
judgment in attributing authorship; it does not make
any express or implied warrantee as to such authorship.
Notwithstanding, Shannon’s LLC may, but shall have
no obligation to, consider any reasonable request
for refund on the grounds of authenticity of authorship
only and only under the following conditions: A. Notification
must be made to Shannon’s in writing within 7 days
of receipt of the item. B. The items must be returned
within 28 days of the sale, accompanied by written
testimony from a recognized authority that the lot
in question is a forgery. C. The limited warrantee
does not extend to the lots identified as attributions,
school, circle, manner, or after. D. The limited warrantee
is applicable only to the original Buyer.
- All property is sold "as is"
- As a convenience to the Buyer, Shannon’s LLC will
make a referral for packing and shipping. This
is at the request, expense, and risk of the Buyer,
and Shannon’s assumes no responsibility for the items
or the timing of delivery. Insurance for in transit
items is the responsibility of the buyer.
- Shannon's has retained the Art Loss Register to
check all uniquely identifiable items offered for
sale in the catalog that are estimated for $5,000
or more against the computerized database of stolen
or lost artwork maintained by the Art Loss Register.
A search certificate can be provided by the Art Loss
Register for an additional fee. The Art Loss Register
can be reached by mail at 108 West 39th Street, Suite
506, New York 10018 or by email at info@alrny.com. The Art
Loss Register does not guarantee the provenance or
title of any catalogued item against which they search,
and will not be liable for any direct or consequential
losses of any nature howsoever arising. The statement
is not to affect, detract from, or override Shannon's
Conditions of Sale, and in the event of any conflict,
Shannon's Conditions of Sale will take priority to
the terms of this statement.
BIDDING AT THIS AUCTION, WHETHER
IN PERSON, BY AGENT, ORDER BID, TELEPHONE, INTERNET
OR OTHER MEANS, CONSTITUTES YOUR ACKNOWLEDGEMENT AND
ACCEPTANCE OF THESE "CONDITIONS OF SALE". |