Auction ended on June 21st, 2012 UTC
Leipzig Portfolio, Including Seven Silk Screens
The Leipzig Portfolio. Including seven silk screens. David Schnell "Baumschule", Tim Eitel "Assistenin", Peter Busch "Odental", Christopher Ruckhaberle "Still Post", Matthias Weischer Untitled, Martin Kobe (Untitled), Tito Baumgartel "Post". 2003-2004. Each signed, dated, numbered, and titled. Each silk screen is number 28 from an edition of 30. Each 19 3/4" x 27 3/4".
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In most cases the floor responds before the Live Auctioneer bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie Live Auctioneer bids. Also please note that all Stefek's, Ltd. lots purchased through Live Auctioneers carry an 18% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. The lots listed in the catalog will be offered by STEFEK'S, LTD. as owner or as agent for consignor(s) subject to the following terms and conditions: Before the Sale All lots are sold "AS IS" and are not eligible for return or refund. Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place. Condition reports are usually available on request. Just because a condition report is not provided with the item does that mean the item is in "perfect" condition. 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No statement, whether written or oral, and whether made in this catalog, or in supplement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. STEFEK'S, LTD.. makes no warranty or representation, express or implied, that the purchase will acquire any copyright or reproduction rights to any lot sold. STEFEK'S, LTD. expressly reserves the right to reproduce any image of the lots sold in this catalog. We do not refund shipping. At the Sale Refusal of admission STEFEK'S, LTD. has the right, at our complete discretion, to refuse admission to the premises or participation in an auction and to reject any bid. Registration before bidding A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references. 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Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with it. Telephone bids If a prospective buyer makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone, but we do not accept liability for failure to do so or for errors and omissions in conjunction with telephone bidding. Reserves Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. The reserve will not exceed the low estimate of the lot. Reserves are agreed upon with consignors, or the absence thereof, in the absolute discretion of STEFEK'S, LTD. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to the other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards in his or her discretion until a bid is recognized, and then continue up from that amount. Auctioneer's discretion The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he may decide, to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. 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The buyer's premium is 15% cash, checks (with personal I.D.) in house, 17% Visa, MasterCard, Discover in house, Live Auctioneers buyer's premium 18% for checks, 18% buyer's premium with credit card for the first $500,000 and 12% on any amount above $500,000. Any purchases through Live Auctioneers of a buyer outside of the United States must pay via PayPal with a 18% buyer's premium added. All purchases are subject to state and local sales and use taxes, when applicable. Payment The buyer must pay the entire amount due (including the hammer price, buyer's premium and any applicable taxes) no later than 5 pm on the seventh business day following the sale. Payments may be made in U.S. dollars by certified or cashier's check drawn on a U.S. bank unless other arrangements are made with STEFEK'S, LTD. STEFEK'S, LTD. reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. The purchaser agrees to pay STEFEK'S, LTD. a handling charge of $50 for any check dishonored by the drawee. Tax Exempt Notice For some lots, we may not be obligated to collect Michigan state or local sales tax on the total purchase price. Please see the printed catalog or listing for notification on what lots are affected. Collecting purchases Once STEFEK'S, LTD. has received all funds due to us, the buyer shall collect purchased lots within 7 business days from the date of the sale. Packing and Shipping If your bid is successful, we can provide you with a list of shippers. We will not be responsible for the acts or omissions of carriers or packers whether or not recommended by us. Property will not be released to the shipper without the buyer's consent and payment has been made in full. Packing and handling of purchased lots by us is at the entire risk of the purchaser, and STEFEK'S, LTD. will have no liability of any loss or damage to such items. Non Payment If we do not receive payment in full, in good cleared funds within 7 business days following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures. In addition to any additional actions available to us by law: - To impose a late charge of 1% per thirty (30) days of the total purchase price - To hold the defaulting party liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law - To cancel the sale - To resell the property publicly or privately on such terms as we find appropriate, resell the property at public auction without reserve, and the purchaser will be liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, and all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's check, we have confirmed their authenticity. - To offset against any amount owed - To not allow any bids at any upcoming auction by or on behalf of the buyer - To take other action as we find necessary or appropriate Failure to collect purchases If property is not picked up within 7 business days following the sale, whether or not payment has been made, STEFEK'S, LTD. reserves the right to charge $5 per lot per day or to deliver said property to a warehouse for storage at the purchaser's expense. Should the property be delivered to a warehouse, you are responsible for an $85 per lot uplift fee. 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Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law, any warranty of any kind whatsoever is excluded by this paragraph. Please note that ivory cannot be shipped out of the United States and tortoiseshell items cannot be shipped out of the state of Michigan. Purchased lots If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered, or lost prior to delivery, STEFEK'S, LTD. shall not be liable for any amount in excess of that paid by the purchaser. 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