Kamelot Auctions Sale 65 Kamelot Auctions Sale 65 | Page 112

Please check and comply with these increments. In case of failure to comply, we will increase
each off-increment bid to the next higher figure. “Plus” bids: Because of our structured bidding
increments, it is more likely that several people will leave identical bids. Since an earlier bid left
with the auction house wins in the event of a tie, a later bid with an added “plus” bid to the next
increment wins the piece. (NOTE: Absentee bids left on Live Auctioneers are sent to the auction
house during the actual sale. There is no time advantage to leaving bids in this fashion.)
(b) Phone bids
Kamelot requires all phone bids be submitted no later than 7:00pm on the business day prior to
the auction. If you fax your phone bids, please call to confirm receipt. One of the reasons people
bid by phone is to monitor how much they are spending. However, if you bid by phone, you
must be willing to bid to the low estimate should the bidding go that far. There is no exception to
this rule. All requests for overseas telephone lines must be accompanied by absentee bids, which
will be executed on the buyers behalf, should there be a problem executing the telephone bid.
(c) Internet bids
Kamelot Auctions is able to provide live bidding via Live Auctioneers. However, the user of
these sites indemnifies and holds Kamelot Auctions and its consignors harmless against any
claim arising out of or resulting from your use of any or all of these sites, including all losses,
damages, liabilities, and all fees (including attorneys fees), costs, and expenses incurred in
connection with any claim. Under no circumstances, including, but not limited to, negligence,
shall Kamelot Auctions and its consignors be liable for lost profits or any special, incidental, or
consequential damages that result from the use of, or the inability to use, these sites.
(d) Auctioneer’s discretion
The auctioneer has the right at his absolute and sole discretion to refuse any bid, to advance the
bidding in such a manner as he may decide, to withdraw or divide any lot, to combine any two or
more lots 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 re-offer and resell the item
in dispute. If any dispute arises after the sale, our sale record is conclusive.
(e) Successful bid and passing of risk
Subject to the auctioneer’s discretion, the highest bidder accepted by the auctioneer will be the
buyer and the striking of his hammer marks the acceptance of the highest bid and the conclusion
of a contract for sale between the seller and the buyer. Risk and responsibility for the lot
(including frames or glass where relevant) passes to the buyer at the expiration of three calendar
days from the date of the sale or on collection by the buyer if earlier.