CIGAR LABEL ART AUCTION TERMS
(Currently No Auctions Are Scheduled)
CLOSING DATE, (None) PM PDT.
TERMS OF AUCTION:
Auction Days Only (No Auctions Are Currently Scheduled)
Use (949) 582-7686
1.All lots will be sold to the highest bidder, at the bid price. Minimum bid for each lot is (MB $)listed on each lot, otherwise there are no reserves. The high bidder will be told he/she is the high bidder. The under bidder will be informed of any UP-TO bid and will be told only the next bid he needs to make to stay in the bidding.
2. In case of tie bids, the earliest bid received will get the lot.
3. All items will be sold by lot only, some lots contain more than one item.
4. Payment due when invoice is received and must be in US funds. A flat charge of $10.00 will be added to each invoice for postage, $20.00 per foreign invoice. Winning bidders will be required to pay for insurance if desired. Insurance charge will be added to the buyers invoice. Bidder may decline to pay for insurance . When a lot is shipped from Cigar Label Art, title and risk of loss or damage pass to the winning bidder. Any claims with respect to loss or damage shall be pursued by the bidder. Items will be returned to consignors on invoices not paid within 10 days of auction closing.
5. Error in description is the only cause for a refund. Request for refund must be brought to our attention within 3 days of receipt of items and be accompanied by a letter of explanation.
6 CA residents must pay 7.75% sales tax or provide re-sale number and send re-sale postcard.
7. Bids will be accepted and executed using the following bid increments:
$1.00 to $ 100.00 $ 5.00 minimum raise
$101.00 to $ 250.00 $10.00 minimum raise
$251.00 to $1000.00 $20.00 minimum raise
$1,001.00 and up $50.00 minimum raise
8. Up-To Bids are preferred and accepted. We will bid for you until your UP-TO bid is exceeded by another bidder. The amount of your UP-TO bid will not be revealed until the under bidder exceeds it.
9. Mail bids in the amount over the lower estimated prices will be accepted and executed on a competitive basis. For example, if the current high bid is $50.00 and you bid $100.00, the current high bid will then be yours at $55.00. We will then bid for you on a competitive basis up to your limit of $100.
10. Phone and fax your bids early. Use a bid sheet. When your bid sheet is received or you bid by phone, you will be assigned a bidders number. No bidder numbers will be assigned after 5 PM the day of closing. We suggest that you use UP-TO bids and mail in a bid sheet with the highest price you will pay for the lots that interest you. Current high bid information will be given when a bidder calls. The bidder may then increase the bid by the above appropriate increment. We reserve the right to reject any and all bids.
11. Auction(None Scheduled) will remain open until 8:00 PM PDT on (No DateScheduled), or until the phone or fax does not ring for 15 minutes. Should the bidding continue through 9:00 PM the auction will close and then reopen on (No Date), at 9:00 AM PDT . It is necessary to have previously placed a bid on a lot in order to participate in the bidding on (No Date).
12.We are now on the Internet and will update our high bid prices daily on all lots. In order to view the current high bids visit our home page: www.cigarlabelart.com. E-mail bids accepted at email@example.com.
13. We offer a call back service on any lot that is at $500.00 or more if requested.
14. In fairness to others we cannot accept unlimited bids.
15. All items are guaranteed old and original.
16. ALL LOTS ARE GRADED ON THE FOLLOWING SCALE:
MT-Mint; clean pristine condition, perfect in all respects.
EX-Excellent; nearly mint with only the slightest signs of age, possible small defect.
VG-Very Good; light stains, small creases and/or tears.
G-Good; several creases, small tears, nicks or trimmed margins.
P-Poor; major problems, basically a filler.
17. See Abbreviations for Label Condition and Lithographers on links below
18. Full Color Catalog price of $20.00 includes mailing of final auction prices realized
Wayne H. Dunn
Last modified: September 16, 2008