Space & Autographs Auction Space & Autographs Auction Jan. 2014 | Page 8

Terms of Sale

Regency-Superior, Ltd.

The Property described in this catalog is offered at Public Auction by Regency-Superior, Ltd (hereinafter referred to
as ‘Auctioneer’), on behalf of various consignors and itself. Regency-Superior is a licensed auctioneer. The placing of
a bid shall constitute acceptance of all the Terms of Sale in their entirety:
1. Bidding All lots are sold to the highest bidder at one advance over
the second highest bid (or the opening minimum bid), plus a 19% buyer's
premium. In the case of tie bids, the first bid received shall prevail. Bids
may be made in person on the auction floor, by mail, telephone, fax,
website, email, or by agent. Current catalog values (where possible) are
used for all material, unless otherwise noted. You may speak with one of
our lot describers for a more detailed description of a particular lot. Please
call at least 72 hours prior to the sale (1-800-782-0066).
2. Bid Cancellations will only be accepted up to one hour prior to the
sale. The Auctioneer reserves the right to withdraw any misdescribed lot.
The right is reserved to reject bids, which in the Auctioneer's opinion, are
not offered in good faith.
3. Reserves Some consignors have been advanced monies against the
sale of their properties. It may be assumed that all lots are subject to a
reserve price. The auctioneer may implement such reserve price by bidding
on behalf of the seller.
4. Payment can be made by Cash, Check, Money Order, Credit Card
(at no additional cost) or PayPal. Successful bidders who have furnished
a credit card will have their lots forwarded immediately; all others will be
invoiced, and payment must be remitted within 7 days. Lots will not be
sent without full payment. Please allow 10 days for processing and mailing
of lots. Bidders are responsible for shipping, handling and insurance
costs. Overseas bidders are responsible for any custom duties and taxes
imposed by their respective country. Proof of receipt of a shipment at the
advised address shall constitute delivery. Title shall not pass to the buyer
until full payment is received. A late payment charge of 2% per month
will be imposed on all past due accounts over 30 days. If collection of
any balance due requires legal action, the bidder is responsible for all
legal fees incurred.
5. Expertization Extensions All lots are sold as genuine, unless
otherwise noted. Lots accompanied by an Expert Certificate (COA) shall
not be subject to re-certification if issued within the past 10 years. The
following conditions apply to requests for expertization: (a) the lot must
be paid in full; (b) the lot must be submitted by either the Auctioneer or
the bidder to an expertizing authority recognized by the Auctioneer within
21 days of the sale; (c) if submitted by the bidder, bidder must notify
Auctioneer and send a copy of the application form to the Auctioneer; (d)
if submitted by the Auctioneer, the COA fee plus a $10 per lot handling
fee and shipping costs to and from the expertizing service will be charged
to the buyer; (e) any expenses incurred shall be borne by the buyer, except
the Auctioneer shall be responsible for a full refund of the expertization
charges if an adverse opinion is rendered; (f) Lots may NOT be returned
due to 'grading' since it is highly subjective; (g) lots submitted for
certification will be considered cleared 90 days from the date of the sale,
unless written notification is received otherwise.

6. Artwork If you are buying a lot containing original artwork, you are
buying the artwork only and NOT the right to commercially make prints
and reproductions for sale to the public without the expressed written
permission of the artist. Any glass used within frames will not be shipped;
it will be removed prior to shipping. If you wish to keep the glass, you
must pick up the lot in person or arrange your own shipping.
7. Shipping and Handling Charges are based upon the actual
cost of packaging, insurance and shipping. Delicate or breakable
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