
Viewing
Prospective purchasers are encouraged to inspect property prior
to the sale. All lots offered are available for inspection at the
Viewing held prior to the Auction. If you are unable to attend the
Viewing and would like a condition report on any lot offered, you
may telephone and any reasonable request will be dealt with promptly.
Estimates
The pre-sale estimated prices printed in the
catalogue are the approximate prices expected to be realized (excluding
the Buyers Premium). They are intended merely to serve as
a guide to prospective purchasers.
Bidding
To bid at the Auction, you need a Paddle Number.
The Registration Desk opens half an hour prior to the commencement
of the Auction. You will need to fill out a Registration form. Proof
of identity and a trade reference or a 25% fully refundable deposit
will be required if you are not known to Kestenbaum & Company. When
you successfully purchase a lot, the Auctioneer will ask you for
your Paddle Number. Bids are usually advanced at 10% increments.
Absentee Bidding
Commission Bids: Kestenbaum
& Company will execute bids on the buyers behalf with
care and discretion at the lowest possible price as allowed
by other bids and any reserves. Use the Absentee Bid Form in
the catalogue or available at the viewing. Take care to write
the lot number(s) and first word clearly. The bid that you leave
represents the highest price that you are willing to pay for
the lot, exclusive of the Buyers Premium. If there is
limited competitive bidding, you will be successful at a lower
price. The Buyer's Premium is 23% of the final bid price for
each lot sold of the first $150,000 and 18% of the final bid
price above $150,000.
Telephone Bidding: Bidding may also be conducted live via telephone on lots estimated in the catalogue at least at $500 or more. As the number of telephone bidding lines available in the saleroom is limited, such arrangements must be made 24 hours before the sale commences. Successful bidders will be notified by receipt of an Invoice mailed out on the day following the sale. You are welcome to call the offices of Kestenbaum & Company from 1 pm on the day following the sale to check the outcome of your bid(s).
Payment
Payment may be made during the sale and lots
collected. In order to avoid delays, buyers are advised to make
known any special arrangements for payment before the sale. If you
have not purchased with us previously, checks will need to be cleared
before any purchases are released.
Shipping
We have an arrangement with the Antiquarian
Distribution Center, an independent shipping company to provide
service. Shipping arrangements may be made through them. Alternatively,
you are welcome to make your own arrangements. Kestenbaum & Company
does not provide packing or shipping services.
Prices Realized
List of prices realized will be posted on this
Web site following the sale.
N.B. All Bids are subject to the Conditions of Sale printed in the Catalogue (see below).
Free verbal auction estimates are obtainable from our Specialists. You may be required to provide a photograph of the object or painting or a Xerox of the title page of a book for this purpose. Where practical, an appointment can be scheduled. Some items of a specialist nature may require further research and can be left with Kestenbaum & Company for that purpose. There is no obligation to sell.
If you decide to sell, you will be given a receipt for your property as well as a Consignment Agreement stating the agreed pre-sale estimates, reserves and terms of business. Your property will be directed to the relevant Specialist for further research and cataloguing.
The catalogue is produced and distributed to interested subscribers worldwide 3-4 weeks before the date of the sale. You will be sent a complimentary copy along with a Pre-Sale Advice letter, confirming the estimate(s) and reserve(s) agreed upon.
You are welcome to attend the Auction.
You will be notified of the Auction outcome with a Post-Sale Advice letter, mailed out on the day following the sale.
Payment is made 45 business days after the sale, less commissions and applicable charges. Details of commissions and charges are given on your Receipt and Consignment Agreement. A breakdown will be given on the Settlement Statement enclosed with your check.
N.B. All Consignments are subject to the Conditions of Sale printed in the Catalogue (see below).
Property is offered for sale by Kestenbaum & Company as agent for the Consignor. By bidding at auction, the buyer agrees to be bound by these conditions of sale.