All persons attending this auction are responsible to read, understand and comply with these Terms and Conditions of Sale as specified herein and agree to be bound thereby.

REGISTRATION: All persons wishing to participate in the bidding process are required to complete and turn in a bidder registration and obtain a bid card prior to or during the sale. Each bidder warrants that he is not under the age of eighteen (18).

BUYER’S PREMIUM: A premium of fourteen percent (14%) of the successful bid price will be added thereto and is payable by the purchaser as a part of the purchase price. All purchases are subject to local sales tax unless purchaser is exempt by law from the payment thereof.

WITHDRAWAL FROM SALE: We reserve the right to withdraw any merchandise at any time before title passes to purchaser.

TERMS OF SALE: All merchandise will be sold “as is”, “where-is” and “with all faults”. We do not make representations, warranties or guarantees whatsoever whether written, oral or implied, as to quality, quantity, fitness or condition, usability, merchant ability, salability, weight, measurement, age or year, value, color, origin or composition of merchandise. Merchandise will be open for inspection prior to the sale and also during the sale, if possible. Buyers are to rely sorely on their own inspection since all merchandise is sold “as is” and without representation, warranty or guarantee.

We reserve the right to reject a bid from any bidder. The highest bidder acknowledged by the auctioneer shall be the purchaser of the item sold. Title passes upon the fall of the hammer, or when the work “SOLD” is announced. The sale cannot be transferred and shall constitute a valid and binding agreement. Where a bid is made while the hammer is falling in acceptance of a prior bid, the auctioneer may in his or her discretion reopen the bidding or declare the goods sold under the bid on which the hammer was falling. In the event of any dispute between bidders, or in the event the auctioneer doubts the validity of any bid the auctioneer may determine the dispute in the auctioneer’s sole discretion, and this decision shall be final and binding upon all parties.

The Auction Company does not make and will not make any representation, warranty or guarantee of any kind whatsoever, whether implied, express or statutory, whether oral or written, regarding the value of any item. It is up to the individual at his or her expense, if desired, to determine the value of items in question. The buyer shall not rely upon anyone’s opinion of value whatsoever, whether given by the auctioneer and shall not bind the Auction Company.

All merchandise must be picked up from the Auction room no later than two hours after completion of the sale. We will not be responsible for damage or loss of merchandise after that time. Auctioneer may facilitate the employment of carriers and packers, as a convenience to the purchasers at additional cost to buyer; however we assume no responsibility for their actions, if damage occurs during packing, handling or delivery, such damage shall not be a cause for cancellation, return of the item sold, or claim against us. We are not liable for any acts or omissions in packing or shipping merchandise handled by outside carriers or packers, including those we may recommend. Such carriers for loss or damage should be addressed directly to the carrier or packer.

In no event whatsoever will our liability exceed the purchase price actually paid by a buyer for merchandise, and under no circumstances shall we be responsible for incidental or consequential damages.

All purchases are to be paid by cash, checks (subject to verification), Visa, MasterCard or other accepted credit cards.

No tape recording or video taping shall be permitted at the auction without the prior written consent of the auctioneer and the Auction Company.

The sole jurisdiction and venue for asserting any claims against the Auction Company or auctioneer shall be the Los Angeles County, State of California.

Neither the auctioneer nor any other person acting at the auction shall have the right or power to override any of the written conditions set forth in this Terms and Conditions of Sale. This instrument shall prevail and control in the event of any oral announcement to the contrary.