NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2002 Dec 07 @ 11:00UTC-08:00 : PST/AKDT
Valdimir Lebedev; American, 1910-1991; Study of Two Women Gossiping / Figurative Studies verso; watercolor and ink wash; 7 5/8 x 5 3/8 inches; initialled lower right, dated [19]27; Possible study for a larger painting
Auction Location:
United States
Previewing Details:
Saturday, December 1st, 10 to 4, Friday, December 6th, 11 to 7, Saturday, December 7th, beginning at 9am
Additional Fees:
Shipping Details:
<b>SELLER DOES NOT SHIP</b>
Recommended shippers:
For smaller items: The Packaging Company, (415) 664-6881 attn: Marwon
For furniture: www.freightquote.com Fine Art Handling: Atelier 4,
(718) 875-5050
Payment Details:
NO CREDIT CARDS ACCEPTED
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STANDARD CONDITIONS OF SALE
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These Conditions of Sale are binding on all purchasers at Auction. Please read carefully. By registering to bid at auction, in person, or through an agent, by absentee bid, or telephone or any other means including the Internet and e-mail, you agree to be bound by these Conditions of Sale (and changes made as noted below.) All property and every lot for sale in our catalogue is offered subject to the following terms and conditions, along with any changes that may be published or announced prior to or during a sale by Auctions By The Bay, Inc. (ABB). The terms “ABB” “us,” “we,” or “our” as used herein all refer to Auctions By The Bay, Inc. Unless otherwise indicated in the catalogue or at time of sale, ABB acts at all times solely as the agent for the seller. All sales shall be deemed to occur in California regardless whether by telephone, mail or through the Internet or the physical location of the buyer. <p>
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Hammer price: The highest bid received for a lot upon the fall of the auctioneer’s hammer. Buyer’s premium: The amount paid by the buyer as a percentage of the hammer price and in addition thereto. Purchase price: The aggregate of the hammer, buyer’s premium and applicable taxes or other fees, if any, as may be required by law. Reserve: The minimum price at which the lot may be sold. Buyer: The person or entity who buys property at auction or private sale. Consignor: The seller, or the seller’s representative, on behalf of whom we are selling the Property. Lot: The single item or group of items offered by us for sale. Property: The item or items comprising an auction lot being offered for sale. <p>
BUYER’S PREMIUM <p>
The Buyer shall pay a Buyer’s Premium on each lot of 15 % (12 1/2 % if paying by cash, check or wire transfer) of the Hammer price up to and including $50,000 plus 12 1/2 % (10 % if paying by cash, check or wire transfer) of any amount in excess of $50,000, which shall be retained by ABB. TERMS OF SALE a. The Purchase of and Payment for Property The sale of a lot shall be to the highest bidder as determined by the auctioneer, in accord with these Conditions of Sale. Title to the lot shall pass with the fall of the Auctioneer’s hammer. Buyer shall pay the Purchase price, as defined above, and such other fees as may be due, in full, within seven (7) days of the auction sale. Sale is not final and property will not be released to Buyer until good funds for all amounts due, are received by ABB. Payment may be made (i) in cash, (ii) by wire transfer, (iii) by money order or other guaranteed funds, (iv) by personal check (when buyer’s credit is approved) or (v) with Master Card® or Visa®. No lot shall be transferred by Buyer to another person until the sale is final. In the event of partial payment for any lot or lots we shall apply payments, in our discretion, to the lot or lots we select. The Buyer grants ABB a security interest in the purchased Property, and we may retain as collateral any property purchased and any funds in our possession, to secure a Buyer’s obligations to us, if any. We retain the rights of a secured party under the California Commercial Code. All fees, taxes, premiums or other sums due and not paid pursuant to this paragraph shall bear interest at 1.5 % per month from the 8th day following the sale to the date paid in full. b. Collection of Property Upon transfer of title, Buyer assumes full responsibility, including risk of loss and damage, for the Property. Purchased property shall be removed at Buyer’s expense within fifteen (15) days after the sale becomes final. Property not removed shall be subject to a service fee of $50, and a storage fee, if retained by ABB, of 1% of the purchase price per month. ABB may also, in its sole discretion, elect to place the Property in a public storage facility at the Buyer’s sole risk, responsibility and expense. c. Liability for delivery of property If, however, for any reason whatsoever, we are unable to deliver the purchased Property to the Buyer, ABB shall be liable to the Buyer only for the Purchase price paid by the Buyer and in no event shall we be liable for incidental or consequential damages, including, but not limited to, business interruption or loss of profit. <p>
THE AUCTION PROCEDURE<p>
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RESCISSION<p>
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IN ALL INSTANCES, YOU MUST GIVE WRITTEN NOTICE TO US WITHIN SIX (6) MONTHS OF THE SALE OF THE PROPERTY, SETTING FORTH THE BASIS FOR YOUR CLAIM AND, AT YOUR SOLE EXPENSE AND RISK, RETURN THE PROPERTY IN QUESTION TO ABB WITHIN SEVEN (7) DAYS AFTER NOTICE IS GIVEN AND IN THE SAME CONDITION AS WHEN SOLD. <p>
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MISCELLANEOUS<p>
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MEDIATION AND ARBITRATION PROCEDURES <p>
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