Absentee/Telephone Bid Form
Deadline For Bid Forms: 5:00 p.m. 3/14/2014
Please Check if You Are a First Time Bidder:
Dealer Resale #(Dealers must also sign official state of Louisiana Document):
Please Check if Address Has Changed:
* Please enter the next fields only if you are a FIRST TIME BIDDER.
American Express #:
Credit Card V-Code:
(Three-digit code on the back of the credit card, following the account number)
* Required Fields
Conditions of Sale:
Conditions of sale are set forth in the applicable New Orleans Auction Galleries, Inc. catalog as amended by any posted notices or oral announcements during the sale, such conditions of sale together with the following conditions applicable to telephone and absentee bids, constitute the entire terms and conditions on which property listed in the catalog shall be offered for sale or sold through New Orleans Auction Galleries, Inc. (the "Company").
GOVERNING LAW AND JURISDICTION 11. These Conditions of Sale, as well as the Purchaser's and the Company's respective rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Louisiana. By bidding at an auction, whether present in person or by agent, order bid, telephone, internet, or other means, the Purchaser shall be deemed to have consented to the exclusive jurisdiction of the state courts of, and the federal courts sitting in, the State of Louisiana.
Additional Absentee and Telepone Bid Conditions:
The company is hereby authorized to bid on the following lots up to the price entered and will treat this figure as a budget and will obtain the item as reasonably as possible within the budget.
We assume no resonsibility for failure to execute bids for any reason whatsoever.
The Company encourages the collectors to place absentee and telephone bids as soon as possible and cannot guarantee the implementation of bids left after 5:00 p.m. the evening before the sale. In the event absentee bids of identical amounts are submitted, the earliest received bid takes precedence. Please date this form. In the event of a tie bid, live bidders and telephone bidders, respectively, take precedence over absentee bids. A successful bid results in a purchase price which is the aggregate total of the final bid,
a 23% buyer's premium of the final bid price up to and including $200,000 and 10% of the amount by which the lot exceeds $200,000 added to the hammer price of all lots sold, together with any tax due on the item. For purchases made by cash, check or wire transfer, the buyer's premium shall be discounted 3% of this 23%.
The bidder is responsible for calling the Company for sales results during the week after the sale. Dealers purchasing for resale must enter appropriate Dealer Resale Number on this form and provide the Company with proper documentation. The Company does not pack of ship items purchased at auction. The buyer is responsible for packing and shipping. The Company is not liable for any damage to goods after they have been sold. A storage charge of $5 per item per day will be assessed against any items remaining in the custody of the Company by the close of business of the fifteenth day following the auction.
Bid Amount(not including buyer's premium)
Telephone Number to Call:
I have read and agree to the Conditions of Sale. I agree that a buyer's premium will be charged on each lot purchased at 23% up to and including $200,000 plus 10% of the hammer price greater than $200,000. For purchases made by cash, check or wire transfer, the buyers premium shall be discounted 3% of this 23%. (Clicking "I Agree" constitutes permission to charge successful bids to your credit card, including the 23% buyer's premium, if payment is not received within five days of the auction).
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