Art auction house liquidating new state york

26 Jan

Title passes upon the fall of the auctioneer’s hammer to the highest acknowledged bidder, subject to the conditions of sale set forth herein.The estimates are often determined several months before a sale and are therefore subject to change upon further research of the property, or to reflect market conditions or currency fluctuations. Actual prices realized for items can fall below or above this range.An estimate of the selling price should not be relied on as a statement that this is the price at which the item will sell or its value for any other purpose. Where “Estimate on Request” appears, please contact the Specialist Department for further information.Unless otherwise announced by the auctioneer, all bids are per lot as numbered in the catalogue.Lots marked C preceding the estimate are consigned and reserved.

No reserve will exceed the low estimate of the lot.Reserves are agreed upon with the consignor or, in the absence thereof, in the absolute discretion of Doyle New York.The auctioneer may implement the reserve by opening bidding on any lot by placing a bid on behalf of the seller.The auctioneer will not specifically identify bids placed on behalf of the seller.The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging; nor does a reference to particular defects imply the absence of others.References in the catalogue entry or the condition report to damage or restoration are for guidance only and should be evaluated by personal inspection by the bidder or a knowledgeable representative.Doyle New York reserves the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid, as well as the right to refuse to acknowledge any bidder.