CATALOGUE TERMS & CONDITIONS
 

1.      Condition of Goods: In publishing this catalogue, Ken Farmer Auctions & Appraisals, LLC has endeavored to accurately describe all items being sold but all property being offered is to be sold “as is”. No statement in this catalogue, bill of sale, invoice, or elsewhere by any representative of, or person in the employ of Ken Farmer Auctions & Appraisals, LLC shall be deemed to be a warranty, representation, or assumption of liability with respect to age, condition, size, quality, variety, importance, provenance, or historical relevance of any of these items.  Please note that photographs may have had size modifications for display purposes, or been trimmed to exclude framing, matting, and wide blank margins. Also, variations in color may occur due to digital processing.

 2.     Disputes: The Auctioneer will be the final judge as to who is the successful bidder. In the event of any dispute, the Auctioneer shall, at his discretion, decide whether or not to reopen the bidding.   

3.     Title to Goods: Title to all merchandise shall pass to the successful bidder at the fall of the Auctioneer’s “hammer”.  The purchaser shall assume full responsibility for the lot purchased once title has passed. 

4.     Removal of Goods: Successful bidders have 10 days to remove their purchases from the Auction Gallery. After 10 days, a monthly storage fee of $50 will be charged to the account. 

5.     Shipping: Ken Farmer Auctions does not have a shipping department. If you are in need of a shipper in order to receive your purchases, we have compiled a list of shippers in our area and would be happy to email or fax the list to you. Feel free to contact them directly to obtain quotes for the packaging and delivery of your items, or make your own arrangements. Purchases will only be released to the shipper when they are paid in full (by credit card approval or when checks clear the bank) to Ken Farmer Auctions. Payment for shipping is due directly to the shipper. Please notify us of the shipper you will be using. 

6.     Payment Terms: All accounts are to be settled by the end of the sale. Payment may be made by cash, traveler’s check, major credit cards, or personal check if you are a prior customer. All others using checks must obtain prior approval. Approval will be granted upon presentation of a “letter of guarantee” from an officer of your bank on original stationery. This letter should state an exact amount of funds guaranteed and should be presented to the cashier at time of registration. In any event, Ken Farmer Auctions & Appraisals, LLC reserves the right to hold all merchandise paid for by check until such check has cleared and receipt of funds is verified. There will be a $100.00 return check fee on all returned checks.

7.     Sales Tax: Pursuant to the laws of the Commonwealth of Virginia, all sales, including buyer’s premiums, are subject to the collection of a 5% sales tax. You may present a valid resale license and complete the necessary Virginia certificate for Sales Tax Exemption (available from Ken Farmer Auctions). Lots shipped out of state are not subject to VA State Sales Tax.

8.     Buyer’s Premium: Except for property purchased on eBay Live Auctions, a buyer’s premium in the amount of 15% for cash/check,Visa, MC, Amex, of the successful high bid will be added to the amount of the successful bid price. The buyer’s premium on property purchased on eBay Live Auctions will be in the amount of 20% of the successful high bid, regardless of payment method. All bidding at auction and all purchases will be in U.S. Dollars.

9.     Errors: Ken Farmer Auctions & Appraisals LLC is not responsible for any typographical or any other error or omission in this catalogue or subsequent price key. Ken Farmer Auctions & Appraisals LLC reserves the right to withdraw any property before the sale.

10.     Estimates: Any estimates provided are our opinion of the price that a willing buyer would pay for the property at auction. These estimates are opinion, based, where possible, on prices paid for comparable items sold in the past.  They are neither a representation nor a prediction of the actual selling price that will be realized at auction, postauction sale, or upon resale, which may be substantially different from these estimates. We shall not be liable in any way for such a difference. 

11.     Exhibition: Prior to every sale we have an exhibition of the items sold that day. Our staff is present to answer questions about items and to offer help with the auction process. The special preview event for the catalogue sale will be on Saturday, February 17th, 2007 from 6-9pm.

12.     Absentee/Telephone/Internet Bidding: As a service to our customers, Ken Farmer Auctions & Appraisals, LLC will execute absentee bids if so authorized in writing under the provisions herein specified. Absentee bids should be made on the Absentee Bid Form provided in each catalogue. This form should be clearly and completely filled out and accompanied by a valid credit card.  All absentee bids will be executed competitively during the sale; items will be purchased for the lowest price possible.  Ken Farmer Auctions & Appraisals, LLC cannot accept “buy” bids. In the event of tie bids between absentee bidders and those in attendance, preference will be given to the attending bidder. Where two absentee bidders bid the same amount, the first received will be honored.  Telephone bidders also should submit a completed absentee bid form. Upon receipt of a properly executed bid form, we will make arrangements to call you just prior to your lot(s) of interest being offered. Please note that we will have limited time to try calling you once. Make sure that the phone number you have given us is correct and that your line will be open during the auction. Successful buyers will be notified within three (3) days of the sale.  Professional specialists handle all shipping and delivery, and if you are a successful bidder, we will give you information so you can contract directly with the company.  This service is offered as a convenience and Ken Farmer Auctions & Appraisals, LLC will not be responsible for any errors or failures to properly execute absentee or telephone bids. Absentee and phone bids will not be accepted  after 12pm on Friday, February 16th, 2007. 

KEN FARMER AUCTIONS & APPRAISALS, LLC.
RADFORD, VIRGINIA

13.     Agreement to Terms: In bidding on any lot here offered, the bidder indicates acceptance of these Terms and Conditions of Sale. Title of each lot passes when the auctioneer says, “Sold”. Thereafter, any loss by fire, theft, breakage, or any other cause is the sole responsibility of the purchaser. Merchandise must be packed and transported at the purchasers own risk and expense. If any employee or agent of Ken Farmer Auctions & Appraisals, LLC shall pack or transport the merchandise, it is fully at the risk, responsibility and expense of the purchaser and Ken Farmer Auctions & Appraisals, LLC shall not be liable for any loss or damage that may be caused by such employee or agent. 

14.     Bidder Responsibility: The bidder is responsible for knowing on which item(s) he or she is bidding. If unsure, the bidder should inquire, or not bid. When becoming the winning bidder at auction, you have affected a contract and will be expected to pay for items in which you were evidenced to be the successful bidder. Auctioneer will not honor “mistakes”. Should the bidder end up with an item he or she did not intend to purchase, that bidder may resell it directly to another person at the end of the auction.  Do not concern the auctioneer with this, as no sales will be voided and no items will be offered for resale. Also, please note that all items and contents in any furniture or articles sold are reserved unless otherwise announced.  This includes items in drawers and other areas undiscovered by our presale workers. 

15.     Acceptance of Bids: The Auctioneer reserves the right to accept or reject bids in any increment which the auctioneer deems to be in the best interest of the client, the seller. POOLS: Pools are associations of dealers or collectors formed with the purpose of keeping down auction prices for the benefits of its members. They are illegal in the United States and Great Britain. They have never occurred at our auctions, and under no circumstance will they ever be permitted.  Bidding increments are as follows:
 

Minimum Value       Maximum Value       Expected Bid Increment

$0.00                            $99.00                         $10.00
$100.00                        $499.00                       $25.00
$500.00                        $999.00                       $50.00
$1,000.00                    $1,999.00                    $100.00
$2,000.00                    $4,999.00                    $250.00
$5,000.00                    $9,999.00                    $500.00
$10,000.00 and above                                     $1,000.00
 

16.     Check Out: If a checkout area is set up, no items can be removed until full payment has been made. If a checkout area is not set up, small items will be given to winning bidders and larger items will be placed in a convenient area.

17.     Announcements: All announcements from the auction block will take precedence over any printed matter with the exception of “condition,” as previously outlined in paragraph 2. For additional information regarding these Terms and Conditions of Sale, or any other matter relevant to this auction, please contact us for specific information not included in the catalogue description: Ken Farmer Auctions & Appraisals, LLC 105 Harrison Street Radford, Virginia 24141 (540) 639-0939 fax# (540) 639-1759; info@kfauctions.com. Telephone inquiries may be made between 9am-5pm EST. 

18.     Sale Results: Results will be available by phone no earlier than 5pm on our first business day following the auction, or as soon as Ken Farmer Auctions & Appraisals, LLC has audited and verified all sales. Please do not call prior to this time for results, as they will not be given out under any circumstances. Sale results will be posted on our website within 30 days after the sale. We thank you for your understanding in this matter. Ken Farmer Auctions & Appraisals, LLC retains all rights to copyright and other intellectual property contained in this catalogue.

ADDITIONAL EBAY LIVE AUCTIONS
BIDDING TERMS:

1.     Pre-Approval: All eBay bidders registered via Artfact will require a credit card registration. Pre-approval may also be based on eBay scores and history, as requested, and on a case-by-case basis.

2.     Confirmation of Registration: Ken Farmer Auctions & Appraisals, LLC will email each successful registration, within 48 hours of the start of sale. There are no guarantees of successful registration for those bidders attempting to register within 48 hours of the sale. Please contact us directly at (540) 639-0939 to register and we will try to accommodate your request.

Ken Farmer Auctions & Appraisals, LLC
105 Harrison Street
Radford, Virginia 24141
(540) 639-0939 - Fax# (540) 639-1759
Telephone inquires may be made between 
9:00 A.M. and 5:00 P.M. EST.