Auction ended on January 12th, 2013
Hamadan Rug, Persia, mid 20th c, good condition. Size: 6' 8" x 4' 2".
Buyer Pays Shipping Cost.BR BR Buyer agrees that packing and shipping are done at the Buyer's risk and that Buyer will pay in advance all packing expenses, materials, carrier fees and insurance charges. Shipping is the sole responsibility of the Buyer. MC will have no liability for any loss or damage to shipped items. Upon request, MC will provide a list of shippers who deliver to destinations within the United States and overseas.BR BR TAKE NOTEBR BR PURCHASE PRICE DOES NOT INCLUDE PACKING AND SHIPPING CHARGES.BR BR YOU must call and make arrangements with one of the packersshippers below or one of your own choosing. YOU will deal directly with shippers in regards to the cost and payment of the packing and shipping of your item(s). YOU must make arrangements for the shipper to take possession of your items(s).BR BR Shippers:BR BR JP or Sean at the US Mailroom: 45 East City Avenue, Philadelphia, PA (610) 668-4181; www.usmailroom.net;BR BR VG Packaging LLC, 1500 Industry Rd. suite T Hatfield , PA 19440, TEL 484 552 8741, FAX 484 552 8744 or email quotesVGPackagingLLC.com;BR BR Brent Shoemaker at Craters Freighters email phillycratersandfreighters.com or telephone 215-234-8090;BR BR Duane Freed at The Packaging Store email helloPackandShipNow.com or telephone 215-361-6940;BRBR In-house Shipping:BRBR Material Culture will provide you a quote for shipping rugs and textiles. Please call or email us for more information.
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The property offered and sold through New Material Culture, Inc.'s (hereinafter MC) public auctions (hereinafter the Property) shall be offered and sold pursuant to the terms and conditions set forth below (hereinafter the Agreement). This Agreement constitutes the complete statement of the terms and conditions pursuant to which all Property is offered for sale. By bidding at the auction, whether in person, by agent, in writing, by telephone, internet bid or any other means, the buyer of the Property (hereinafter the Buyer) agrees to be bound by this Agreement. PROPERTY SOLD AS IS. All Property is sold as is, where is, with all faults. Neither MC nor any consignor makes any guarantees, warranties or representations, expressed or implied with respect to the Property or the correctness of the catalogue or any other description of the Property. 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If Property is offered with a reserve price the bidding will begin at that price. Otherwise, bidding will begin at a price appropriate in the auctioneer's discretion. The auctioneer always reserves the right to withdraw Property for any reason he deems appropriate. At the auctioneer's discretion, no bid of less than one half the low estimate will be accepted from any source, including but not limited to: phone bidding, absentee bidding, internet bidding or bidding in person at the auction. ORDER OF BIDS. Unless otherwise announced by the auctioneer, all bids are per lot as numbered in the catalogue. MC reserves the right to determine any and all matters regarding the order, precedence or appropriate increment of bids or the constitution of lots. ABSENTEE AND PHONE BIDDING. Absentee and phone bidding are permitted by prospective bidders who cannot be present at the auction. Please complete the Absentee Bid and/or Phone Reservation form. 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We do not accept cut bids, (bids less than the last interval) from the floor or from absentee bidders including phone and internet bidders. Thus, it is possible that a lot could go to another bidder for less than an absentee bid. For example, if the bids are progressing in $10 dollar increments and an absentee falls at a $5 increment we will not take the bid since it is less than the $10 increment. Following are general guidelines for bidding increments: $0-$200 $10 increments $200-$500 $25 increments $500-$1,000 $50 increments $1,000-$5,000 $100 increments $5000-10,000 $250 or increments $10,000-$50,000 $500 increments Above $50,000 auctioneer's discretion HIGHEST BIDDER. The highest bidder as determined by the auctioneer shall be the Buyer. In the case of a disputed bid, the auctioneer shall have sole discretion in determining the Buyer and may also, at his or her election, withdraw the Property or reoffer the Property for sale. The auctioneer shall have sole discretion to refuse any bid, or refuse to acknowledge any bidder. At such time as the auctioneer has declared Property sold to a given Buyer, said Buyer thereupon assumes full risk and responsibility for the Property, agrees to sign any requested confirmation of purchase, and agrees to pay the full price, plus Buyer's Premium, therefore or such part, upon such terms as MC may require. PAYMENT. Payment must be made by cash, approved check, wire transfer, Mastercard or Visa credit cards. MC reserves the right to require bank checks for purchases over $5,000. Personal checks will be acceptable only if credit has been established with MC or if a bank authorization has been received guaranteeing a personal check. MC reserves the right to hold Property purchased by personal check until the check has cleared the bank. Buyer agrees to pay MC a handling charge of $25.00 for any check dishonored by the drawee. MC reserves the right to not issue a Buyer's number or to withhold merchandise if appropriate credit has not been established. Credit arrangements must be made by the Friday prior to the day of auction so bank statements can be verified. Any bidder that plans on spending in excess of $100,000 should make arrangements with the MC accounting department at least five (5) days in advance of the sale, as a deposit may be required to participate. All Property purchased must be paid for no later than 5 pm EST on the seventh business day following the sale. MC may impose, and the Buyer agrees to pay, a monthly interest charge of 1.5% of the purchase price of any Property not paid by the Buyer within thirty (30) days of the date of sale. MC reserves the right to rescind any sale of Property in the event payment is not received within thirty (30) days of sale. BUYER'S PREMIUM. A Buyer's premium of 22% will be applied to the purchase price of all Property. REMOVAL OF PROPERTY. All Property purchased must be removed from the premises within ten (10) business days of the auction. MC may impose, and the Buyer agrees to pay, a monthly storage charge of 1.5% of the purchase price of any Property or portion of Property not removed by the Buyer within ten (10) business days after the date of sale. No Property may be removed from MC's premises until the Buyer has paid in full the purchase price including Buyer's premium. MC shall have no liability for any damage to Property left on its premises after the auction. A defaulting Buyer will be deemed to have granted and assigned to MC a continuing security interest of first priority in any Property or money of, or owing to such Buyer in MC's possession, and MC may retain and apply such Property or money as collateral security for the obligations due to MC. MC shall have all of the rights accorded a secured party under the Pennsylvania Uniform Commercial Code. PACKING AND SHIPPING. Buyer agrees that packing and shipping are done at the Buyer's risk and that Buyer will pay in advance all packing expenses, materials, carrier fees and insurance charges. Shipping is the sole responsibility of the Buyer. MC will have no liability for any loss or damage to shipped items. Upon request, MC will provide a list of shippers who deliver to destinations within the United States and overseas. TAXES. All purchases are subject toPennsylvania sales tax unless the Buyer possesses aPennsylvania sales tax exemption number. Exemption numbers from other states are accepted in Pennsylvania if presented with a business card or letterhead. Dealers, museums, and other qualifying parties can apply for aPennsylvania exemption number prior to the auction. Buyer is responsible for any and all tariffs, taxes and assessments that might be made on the Property. International Buyers are responsible for tariffs, taxes, or assessments of shipped items to the Buyer's country. 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If the Buyer breaches any of its obligations under this Agreement, including its obligation to pay in full the purchase price of all Property for which it is the highest successful bidder, MC may exercise all of its rights and remedies under the law including, without limitation, (a) cancelling the sale and applying any payments made by the Buyer to the damages caused by the Buyer's breach, and/or (b) offering at public auction, without reserve, any lot or item for which the Buyer has failed to pay in full the purchase price, holding the Buyer liable for any deficiency plus all costs of sale. GOVERNING LAW. These conditions of sale shall be governed by the laws of theCommonwealth ofPennsylvania (excluding the laws applicable to conflicts or choice of law). The Buyer agrees that any suit for the enforcement of this Agreement may be brought, and any action against MC in connection with the transactions contemplated by this Agreement shall be brought, in the courts of theCommonwealth ofPennsylvania or any federal court sitting therein. The Buyer consents to the nonexclusive jurisdiction of such courts and waives objections that it may now or hereafter have to the venue of any such suit. AMENDMENTS TO TERMS AND CONDITIONS. No claimed modification or amendment of this Agreement on the part of any party shall be deemed extant, enforceable or provable unless it is in writing that has been signed by the parties to this Agreement. No course of dealing and no delay or omission on the part of MC in exercising any right under this Agreement shall operate as a waiver of such right or any other right and waiver on any one or more occasions shall not be construed as a bar to or waiver of any right or remedy of MC on any future occasion.
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