Page 20 - 2015 Russell Catalogue
P. 20
2015 ART IN ACTION® BIDDING PROCEDURES • All art pieces are offered “as is.”• The C.M. Russell Museum is an agent for the owner of the art pieces. The museum assumes no risk, liability, or responsibility for the authenticity or the authorship of any art piece.• The museum reserves the right to withdraw any art piece at any time before the sale. • The museum reserves the right to reject a bid.• In the event of any dispute between bidders, or in the event of doubt as to the validity of any bid, the auctioneer shall have the final discretion to determine the successful bidder, cancel the sale, or reopen and resell the art piece in dispute. If any dispute arises after the sale, the museum’s sale record shall be the final and conclusive record of the sale.• Upon acknowledgment of the winning bidder by the auctioneer, title to the art piece shall pass to the bidder. The sale is complete when the auctioneer announces the sale by the fall of the hammer or other customary manner. The auctioneer retains all authority and discretion allowed by law.• The purchase price shall be the sum of the hammer price plus a buyer’s premium of 18% of the hammer price. A 3% discount on the premium will be given for payments made with cash or check.• Successful bidders shall pay for their purchases during or immediately following the auction.• Successful bidders must take custody or arrange for custody of their purchases with auction staff by 3 p.m. on the day of the event.• All sales are final, and there will be no exchanges or refunds on art pieces.• Terms of purchase will be cash, check, cashier’s check, or credit card (Visa, MasterCard, Discover, and American Express).Return to Table of Contents