March Asian Works of Art II

Terms

CONDITIONS OF SALE
1. Unless otherwise indicated, all Property will be offered by Alden's Auction Inc. (ALDEN'S) as agent for Consignor.
2. ALDEN'S reserves the right to vary the terms of sale, and any such changes shall become part of these Conditions of Sale.
3. ALDEN'S shall conduct the auction per lot as numbered in the catalog. It reserves the right to withdraw any lot prior to sale and shall have no liability whatsoever for such withdrawal.
4. ALL PROPERTIES ARE SOLD AS-IS, WHERE-IS. Neither ALDEN'S Nor the consignor makes any warranties or representations of any kind or nature with respect to property or its value, and in no event shall be responsible for the correctness of description, genuineness, attribution, provenance, authenticity, authorship, completeness, condition of property or estimate of value. We do not guarantee authorship, signatures, or markings. No statement (oral or written) in this catalog, at the sale, or elsewhere shall be deemed such a warranty or representation, or any assumption of responsibility. All measurements are approximate.
4.1. All items are available for your examination prior to bidding. Written and oral descriptions are our opinions and should in no way be construed as a guarantee of any kind as to authenticity, age, condition, materials, or any other feature of items being sold.
4.2. ALDEN'S will assert the best effort to catalog every lot correctly and will attempt to point out any defects, but will not be responsible or liable for the correctness of the catalog or other descriptions of the lot.
4.3. We recommend that prospective bidders examine all items in which they have an interest. By placing a bid, either in person, by phone, absentee, or via the Internet, the bidders signify that they have examined the items as fully as possible, or that they have chosen not to examine the items.
4.4. If your item(s) are damaged in shipping, you will need to contact the shipper to file a claim. If your item(s) are being shipped and there is a condition problem upon receipt, you are expected to notify us immediately.
4.5. NO REFUNDS! ALL SALES ARE FINAL!
5. The highest bidder acknowledged by the auctioneer shall be the buyer. The auctioneer has the right to reject any bid, to advance the bidding at his absolute discretion, and in the event of any disputes between bidders, the auctioneer shall have the sole and final discretion either to determine the successful bidder or to re-offer and resell the item in dispute. If any dispute arises after the sale, the ALDEN'S' sale record shall be conclusive in all respects.
6. If the auctioneer determines that any opening or later bid or any advance bid is not commensurate with the value of the Property offered, he may reject the same and withdraw the Property from sale.
7. Upon the fall of the hammer, title to any offered lot or article will immediately pass to the highest bidder as determined at the exclusive discretion of the auctioneer. Such bidder thereupon assumes full risk and responsibility for the property sold and agrees to pay the full purchase price therefore or such part upon such terms as ALDEN'S may require.
7.1. All property shall be paid for by the purchaser at his/her expense within 7 days of the sale and, if not, maybe sold by ALDEN'S, at the sole risk and charge of the purchaser(s), and ALDEN'S may prohibit the purchaser from participating, directly or indirectly, as a bidder or purchaser in any future sale or sales. ALDEN'S will not be responsible for any loss, damage, theft, or otherwise responsible for any goods left in ALDEN'S' possession after 7 days.
7.2. If the foregoing conditions or any applicable provisions of the law are not complied with, in addition to other remedies available to ALDEN'S and the Consignor (including without limitation the right to hold the purchaser(s) liable for the bid price) ALDEN'S, at its option, may either cancel the sale, retaining as liquidated damages all payments made by the purchaser(s) or resell the property. In such event, the purchaser(s) shall remain liable for any deficiency in the original purchase price and will also be responsible for all costs, including warehousing, the expense of the ultimate sale, and ALDEN'S' commission at its regular rates together with all related and incidental charges, including legal fees.
7.3. Payment is a precondition to removal. Payment in U.S. dollars may be made with cash, bank check, or cashier's check drawn from a U.S. bank or any other method approved by ALDEN'S. Checks will not be deemed to constitute payment until cleared. ALDEN'S will%