SOLD
1,200.00USD+ (240.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2013 Aug 12 @ 13:16UTC-6 : CST/MDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
All condition reports can be viewed at www.AuctionInSantaFe.com/docs/cr2013.pdf
Gregory Sumida (1948 - ). Looking for his Horse. 18" x 24" oil on canvas. Signed lower center-left: © Sumida MCMLXXX (1980).
Auction Location:
Hilton Hotel - 100 Sandoval Street, Santa Fe, New Mexico, 87501, United States
Previewing Details:
August 10th, 2013. 9am - 5pm.
August 11th, 2013. 9am - noon.
August 12th, 2013. 9am - noon.
New Mexico residents must pay sales tax unless a copy of your resale certificate is faxed to us at 505-214-5750
Taxes:
| Tax | Rate | Desc. |
| NM |
8.1875% |
New Mexico |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
All items will ship from The Box Shop in Cheyenne, Wyoming. THEY WILL CHARGE YOUR CARD & SHIP IN THE ORDER PAYMENT IS RECEIVED. Your credit card will be charged separately for shipping/packing. UPS & Fedex only. Items can also be picked up from our Cheyenne or Santa Fe galleries.
Payment Details:
Payment is due within 10 days of the auction. If payment is not received by August 21st, 2013 your credit cad will be charged (as per the agreed upon terms of this sale) for the purchase price, buyer's premium & shipping.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Money Order/Bank Draft
- Check/Cheque
- Wire Transfer
Terms and Conditions of Sale.
1. The auction reserves the right to withdraw any
property before or at the sale.
2. The Auctioneer reserves the right to postpone the
auction sale or any session thereof for a reasonable
period of time for any reason whatsoever.
3. All property is sold “as is, where is” & neither the
Auctioneer nor Consignor nor Auction House makes
any express or implied warranties or representations
with respect to the property or to the correctness of
the advertisement, catalogue or any other medium
used to announce this sale or to the description of
any property sold in this sale. Any & all descriptions,
including the condition, age, correctness, provenance,
attribution, quality, importance, size or authenticity
of the property offered, are not to be taken as an
affirmation of fact. All descriptions of sold property
are for the purpose of identification only.
4. This is not an approval sale. Whether property
purchased from this sale is by absentee bid, telephone
bid, live bid or internet bid, all sales are final & items
may not be returned. Condition reports are provided
as a courtesy & general guideline, but neither the
Auctioneer nor Consignor nor Auction House
makes any express warranty or representation to the
condition of any sold property. Buyers should inspect
lots personally, or through an authorized agent,
prior to purchase of said property & make their own
determination as to condition, quality, importance,
size, age or authenticity prior to bidding.
5. The Auctioneer reserves the right to reject any bids.
The highest bidder acknowledged by the Auctioneer
shall be the Buyer. In the event of any dispute between
bidders, the Auctioneer will have the absolute & final
discretion to either determine the successful bidder or
reoffer & resell the property item in dispute.
6. Packing & shipping costs are the sole responsibility
of the buyer. If purchased items are not picked up from
the auction site, they will be transported to Cheyenne,
WY for distribution or pick-up from that location at
Manitou Galleries, 1715 Carey Ave., Cheyenne WY
82001 (307)635-0019. Shipping will be done at the
buyer’s expense from: The Box Shop in Cheyenne, WY
(307)634-0221 unless otherwise requested or specified.
Shipping arrangements may be made through Manitou
Auctions or directly with The Box Shop.
7. It is unlawful & illegal for Bidders to collude with
other bidders to pay less than the fair value for a lot.
Bidders in the sale acknowledge that the law provides
for substantial penalties for those who violate these
provisions.
8. At the fall of the Auctioneer’s hammer, title to the
offered item shall pass to the Buyer & be acknowledged
by the Auctioneer. The Buyer shall, (a) assume full risk
& responsibility for the property item & (b) pay the
full purchase price, including the disclosed Buyer’s
premium.
9. Unless exempted by law, the Buyer will be required
to pay any & all State & local sales taxes or, in the event
of deliveries outside the state, any applicable use tax
on the total purchase price.
10. Checks will be accepted with proper identification
& a credit card. On checks over $10,000.00, a “letter
of credit” or “letter of maximum check limit” from
your bank must be presented unless you are a regular
client known to us. Visa, MasterCard & American
Express will be accepted. Charges will be cleared
by telephone. Credit card purchases are limited to
$10,000, regardless of the number of lots purchased.
Any amount over $10,000 must be covered by check
or money order.
11. All Buyers must present a valid Visa, MasterCard
or American Express credit card as a back-up guarantee
should they plan to pay by personal or business check
unless you are known to, or arrangements have been
made with the auction house.
12. Once the purchase price has been paid in full
& after the sale has been completed, property is to
be transferred from the auction to the Buyer at the
Buyer’s expense. The auction will, as a service to
Buyers, arrange to have the property packed, insured,
& shipped at the request, expense & entire risk of the
Buyer. Any & all claims will be between carrier &
owner (Buyer).
13. Upon conclusion of the auction, if an invoice is not
paid in full within 30 days, the Auctioneer reserves the
right to impose periodic charges of
1½ % per month until paid. In the event that this
interest rate exceeds the interest rate permitted by
law, the rate shall be adjusted to the maximum rate
permitted by law. If an invoice is not paid in full
within ninety (90) days of conclusion of the auction,
the Auctioneer reserves the right to resell the
merchandise or have an affiliated or related company
do so, as outlined in Conditions of Sale #16.
14. Some items of property may be offered subject to a
“reserve” or confidential minimum price below which
the item will not be sold. In such instances, the auction
may implement the reserve by bidding on behalf of
the consignor, house or owner of said consignment.
15. Neither the Auctioneer nor Consignor make any
representations whatsoever that the Buyer of a work
of art will acquire any reproductions rights thereto.
16. These conditions of sale & any other applicable
conditions, as well as the Buyer’s & Auction’s rights
& obligations herein shall be governed by, construed
& enforced, in accordance with the laws of the State
in which the auction is held. If these conditions are
not complied with by the Buyer, the auction may,
in addition to other remedies available by law,
including without limitation the right to hold the
Buyer liable for the total purchase price stated on
the signed Confirmation for Purchase Slip, either (a)
cancel the sale & retain as liquidated damages any
& all payments made by the Buyer or (b) resell the
property privately or at public auction on three days
notice to the Buyer for payment of any deficiency
in the purchase price & all costs including handling
charges, warehousing, the expense of both sales, the
commissions, reasonable attorneys’ fees, any & all
other charges due & incidental damages.
17. If we are prevented by fire, theft, or any other
reason whatsoever, from delivering any property
to the buyer, our liability shall be limited to the sum
actually paid therefore by the buyer.
18. All sales of firearms will be in accordance with
Federal & State guidelines. All post-1898 firearms
must be transferred in compliance with Federal law.
Buyers of post-1898 firearms must complete federal
registration forms. Dealers & out-of-state buyers must
have in their possession on the day of the sale signed
copies of their Federal Firearm License in order to
accept same-day delivery of modern weapons.
ABSENTEE BIDS/TELEPHONE BIDDING
As a service to those wishing to place bids other
than live bidding, Absentee, Telephone & Internet
bidding options are available. Absentee Bid Forms
are available from the Auction House or from www.
AuctionInSantaFecom. Absentee Bid Forms must be
filled out in their entirety & faxed to (505)214-5750.
The form MUST be signed to be considered complete
& must state the maximum bid price the bidder is
willing to pay EXCLUDING the buyer’s premium
as stated below. In the event that identical bids are
received for the same item lot, the bid received first
shall take precedence. Absentee bids will be executed
in competition with other absentee bids, bids from the
live audience, over the telephone & via the internet
& against applicable reserves. Unsuccessful bids will
not be acknowledged, but sales results will be posted
& available within 10 days of conclusion of the sale
at www.AuctionInSantaFe.com. Telephone Bid
Forms are also available from the Auction House or
from the website. All telephone bid forms must be
filled out in their entirety & signed by the bidder,
agreeing to pay the hammer price, plus the buyer’s
premium. The Auction House will make every effort
to contact bidders on the requested lots, but assumes
no responsibility for missed calls or failure to execute
telephone bids. Internet bidding will be offered
through www.iCollector.com & requires registration
of a valid credit card number.
Absentee Bid Forms & Telephone Bid Forms will
not be accepted or executed if submitted without the
signature of the bidder or their authorized agent.
Absentee & telephone bidders agree to provide a
valid credit card number on their completed & signed
forms & further agree that said credit card may be
charged for the purchase, including the buyer’s
premium, for any amount up to, or including, the
total amount due, unless other arrangements have
been made for another form of payment within 10
days of conclusion of this sale.
CATALOG ESTIMATES
As a convenience to our clients, we furnish pre-sale
estimates for all items offered for sale in the auction.
These estimates are approximate valuations & should
be taken as educated projections based upon the
current market, comparable items & recent sales,
not as actual “prices.” Bidding will begin at the
Auctioneer’s discretion & may start at one-third to
one-half the estimate. The final winning bid may be
less than, or more than, any printed or advertised
estimate.
BUYER’S PREMIUM
18% buyer’s premium for live, absentee & telephone
bidders, 15% buyer’s premium if the purchase total
exceeds $10,000 on a single invoice. 20% buyer’s
premium for internet bidders.
Bidding increments
Under $2,000 $100
$2,000 - $5,000 $250
$5,000 - $10,000 $500
$10,000 - $20,000 $1,000
$20,000 - $50,000 $2,500
$50,000 - $100,000 $5,000
over $100,000 $10,000