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Are you interested in consigning property
with Clars Auction Gallery? Our auctions bring strong prices
for a variety of items. To find out what your items might
be worth, please attend our FREE weekly appraisal clinic every
Thursday from 9am to 12noon (note: there is a 5 item limit)
or call to schedule an appraisal with one of our very knowledgeable
and experienced appraisers. If your items meet our $1,000
(total consignment value) minimum we will accept them for
consignment at that time.
Here's what you need to know and what
you'll need to agree to before doing so.
COMPENSATION: For our services in selling your personal
property at auction we will be entitled to retain from the
proceeds as our compensation an amount based upon the final
bid price of each item sold and calculated as follows:
| (a) |
|
Ten percent (10%)
of individual auction items selling at $7001 and above |
| (b) |
|
Fifteen percent
(15%) of individual auction items selling at $3501 thru
$7000 |
| (c) |
|
Twenty percent
(20%) of individual auction items selling at $1001 thru
$3500 |
| (d) |
|
Twenty-five percent
(25%) of individual auction items selling at $101 thru
$1000 |
| (e) |
|
Thirty-eight
percent (38%) of individual auction items selling at any
amount thru $100 |
| (f) |
|
INSURANCE: 1.5%
of the final bid price of each item sold |
The commission includes all normal expenses
of sale except for transportation and packing charges as set
forth in paragraph 5 below. In addition, a premium of seventeen
percent (17%) of each individual auction
lot shall be added to the purchase price and paid by the buyer
as a part of the purchase price. This sum shall also be collected
and retained by us additional compensation to us.
2. PAYMENT TO CONSIGNOR: Payment to consignor for items
sold will be made within thirty (30) working days, after items
are sold. In the event that buyer fails to remit payment for
the consigned property, we shall attempt to collect the sums
due, at our discretion. If we are unsuccessful in collecting
the full amount due, we reserve the right to rescind the sale
and re-offer the consigned property at a subsequent sale.
3. SERVICES RENDERED: We shall undertake to sell your
personal property at public auction to the highest competitive
bidder. We reserve the right, in our absolute discretion,
to determine the method and manner of getting your personal
property from any particular sale and schedule it for some
subsequent sale, to determine whether and in what manner to
advertise your personal property or the sale at which it shall
be without reserve or limits, We will bear the cost of any
advertising of your personal property. The CONDITIONS OF SALE
printed in our auction catalogues constitute our agreement
with the buyer at auction. You authorize us to accept the
return, and rescind the sale, of any property at any time
if we, in our judgment, determine that selling the property
may subject us and/or you to any liability, including any
liability arising from claims relating to any attribution
or identification of authorship, period, culture, source of
origin physical condition, size, quality, rarity, importance,
authenticity (including counterfeit), or other information
included in any description of the property.
4. SALE: At present we anticipate that your personal
property will be sold at a sale(s) presently scheduled for
(date).
5. PACKING AND TRANSPORATION: If you wish Clars to
pack and transport your items, there is a charge for this
service. Please speak with one of our expert appraisers for
more information on packing and transport fees. Charges for
packing and transportation will be deducted from the final
proceeds of the sale.
6. LEGAL STATUS AND OWNERSHIP: Unless you otherwise
indicate, by signing this agreement you are hereby representing
that you are the owner of the personal property described
on the attached schedule and have the right and authority
to authorize us to sell the same. If you are acting as agent
for some other party who does not sign this agreement, please
indicate you are an agent and the name of the owner when signing
this agreement. By signing as an agent, you are representing
to us that you have the authority and power to authorize and
sell the same for the principal and that your principal shall
be, along with you, jointly and severally liable for your
obligations and liabilities hereunder. In either case, you
agree to defend, indemnify and hold us harmless from any and
all costs, expenses, liabilities and damages, including reasonable
attorney's fees, that we may suffer or incur as a result of
any claims made that you did not have authority to sign this
agreement and/or authorize us to sell the personal property.
7. SECURITY INTERESTS: You hereby grant us a security
interest in the personal property to secure payment of any
sums which may become due to us under the terms of this agreement.
We shall have all the rights of a secured party under the
laws of the State of California.
8. OWNERSHIP OF SELLER: CLARS AUCTION GALLERY/HARVEY
CLARS ESTATE AUCTION GALLERY is a business name used by C.R.
MARTIN AUCTIONEERS, INC., a California corporation which owns
and operates the business. C.R. MARTIN AUCTIONEERS, INC. dba
HARVEY CLARS ESTATE AUCTION GALLERY is licensed and regulated
by the California Secretary of State. There is a bond on file
with the Secretary of State.
9. LIMITATION OF DAMAGES: Your payment of the insurance
fee makes us responsible for loss by theft, fire or other
means (subject to the usual form of exclusions including but
not limited to earthquake, flood, and acts of war). In the
event that your personal property is damaged or destroyed,
your sole remedy with respect to such damage or loss shall
be either the repair or replacement of the damaged or lost
property or, at our choice, payment to you of the fair market
value of the damaged or lost property at the time of damage
or loss.
10. ENTIRE CONTRACT: This document together with any
schedule or schedules attached to it contains the entire agreement
between us relating to our mutual rights and obligations.
Any oral representations or modifications concerning our agreement
or this document shall be of no force or effect except as
may subsequently be reduced to writing.
11. GOVERNING LAW: The validity of this agreement and
of any of its terms or provisions, as well as the rights and
obligations of the parties under this agreement shall be interpreted
pursuant to and in accordance with the laws of the State of
California.
12. ARBITRATION OF DISPUTES: The parties agree that
any dispute or claim in law or equity arising between them
out of the subject of this agreement in which the sum in the
dispute exceeds $5,000 shall be decided by neutral, binding
arbitration in accordance with the rules of the American Arbitration
Association pertaining to arbitration of commercial disputes.
The arbitration fees and costs shall be equally divided among
the parties. Judgment upon the award of the arbitrator may
be entered in any court having jurisdiction. |