1. By bidding at auction, whether present in person or by agent, by written,
telephone or online bid, or by any other means, the buyer agrees to be bound by these
Conditions of Sale.
2. For a period of six months from the date of the sale, PosterConnection, as
agent, warrants the authenticity of all lots contained in this catalogue. This warranty is
non-transferable and is made only to the original buyer of record and is conditioned on
the said buyer returning the purchased lot in the same condition as at time of sale. The
buyer's sole remedy under these warranties shall be the rescission of the sale and refund
of the original purchase price paid for the item, and this remedy shall be exclusive and
in lieu of any other remedy which might otherwise be available to the buyer as a matter of
3. The catalogue has been written in good conscience and according to the
information available. All property can be inspected and examined prior to the auction.
The items contained in the lots are used and, unless otherwise specified, in good
condition for their age.
All items are sold "AS IS."
Returns are not accepted.
PosterConnection has made reasonable efforts to insure the accuracy of the
descriptions and any background information provided for each item listed but disclaims
any warranty with regard to such descriptions, including, but not limited to, the year of
publication, measurements, condition, authorship, or translation of a title. Information
beyond the technical description of the items offered for sale is meant to serve as
"help" to the reader of the catalogue and is in no respect warranted. Legitimate
complaints must be made within three days of receiving the item in question but must be
admitted within 21 days of the end of the auction, and entitle the buyer exclusively to
the remedy as set forth in paragraph 2 of these Conditions of Sale.
Neither PosterConnection nor the consignor makes any representation or warranty,
express or implied, whether the buyer acquires any copyrights or other intellectual
property rights in lots sold.
4. PosterConnection reserves the right to divide any lot, to combine any lots,
and to withdraw any lot before or during the sale.
5. All lots are put up for auction at the price printed in bold type in
the right-hand column of the catalogue, unless several higher bids have been made in
writing in advance. All lots are subject to a reserve price, the minimum price agreed to
with the seller below which the lot will not be sold. No bids below the reserve price of
any lot will be accepted by the auctioneer. Estimated market values are printed in
parentheses ( ) to the left of the reserve price in the catalogue.
6. Bidding generally advances in increments of 10%. The highest
bidder acknowledged by the auctioneer shall be the buyer. The auctioneer has the right to
reject any bid and to vary the bidding increments at his discretion. In the event of any
dispute between bidders or any other issue with respect to the highest bidder, the
auctioneer has the sole and absolute discretion either to determine the successful bidder,
to continue the bidding, or to re-offer and resell the lot in dispute. In the event of any
dispute after the sale, PosterConnection's record of final sale shall be conclusive in all
7. Absentee bids will be executed by PosterConnection on the
bidder's behalf in competition with other absentee bids and bids from the audience to
purchase the item at the lowest price possible. PosterConnection shall not be responsible
for any errors or omissions to its execution of such bids. PosterConnection reserves the
right to decline to undertake such bids in its sole discretion. All bids must state the
highest bid price the bidder is willing to pay. In the event identical bids are submitted,
the earliest will take precedence. Bids such as "buy", "maximum" or
"at any price" are only valid up to three times the estimated market value.
Telephone bids will only be accepted if they are confirmed in writing prior to the
8. Upon the fall of the auctioneer's hammer, title to the offered lot shall pass
to the highest acknowledged bidder, who, thereupon (a) immediately assumes full risk and
responsibility thereof, (b) if requested, will sign a confirmation of purchase, and (c)
will immediately pay the full purchase price as defined in these Conditions of Sale. In
the case of absentee bids, the purchase price is payable no later than two weeks after the
auction. If payment has not been made in accordance with these Conditions of Sale,
PosterConnection shall impose a late charge calculated at the rate of 2% of the total
purchase price per month. The buyer shall assume full risk and responsibility for the lot
purchased upon the fall of the auctioneer's hammer.
The items purchased at the auction remain the property of the consignor until
the full invoiced amount has been paid. Once payment has been made in full, the lot
purchased can be collected. No item shall be claimed or removed until the conclusion of
the sale. In the event PosterConnection shall, for any reason whatsoever, be unable to
deliver the lots purchased by the buyer, its liability shall be solely limited to the
rescission of the sale and refund of the purchase price. PosterConnection disclaims all
liability for damages, incidental, consequential or otherwise, arising out of its failure
to deliver any lots purchased.
9. The purchase price payable by a buyer shall be the sum of the final bid and a
buyer's premium of 22% of the final bid on each lot, plus, unless the
buyer is exempt by law from the payment thereof, any California state and local sales tax,
or any applicable or compensating use tax of another state. An additional buyer's
premium of 5% will be charged on any purchase made through a live online auction
site as posted by PosterConnection in accordance with such live online auction.
10. All items are to
be paid for in US currency by (a) cash, (b) money order (c) personal
check (all materials remain with PosterConnection until payment
clears), (d) direct bank to bank wire transfer (transaction fees,
and banking costs must be paid by the buyer), or (e) credit card. We
accept VISA, MasterCard, and American Express. We offer a 2%
discount on the buyer’s premium for invoices paid in full with cash,
money order or personal check. Tax is added to all California
residents unless a valid Resale Certificate is provided.
11. Upon request by the buyer, packing and/or handling of the purchased lots
shall be arranged by PosterConnection with reasonable care but at the entire risk of the
buyer. PosterConnection shall instruct an outside contractor to arrange for or otherwise
transport the purchased lots. Charges for packing, handling, and insurance are payable by
the buyer. PosterConnection disclaims all liability for loss or damages of any kind,
arising out of or in connection with the packing, handling, or transportation of any lot
12. If the buyer fails to comply with one or more of these Conditions of Sale,
in addition to other remedies available to PosterConnection and the consignor by law,
including but without limitation, the right to hold the buyer liable for the purchase
price, PosterConnection may, without notice, at its option, either cancel the sale,
retaining as liquidated damages all payments made by the buyer, or resell the property of
the buyer either publicly or privately. In such event, the buyer shall be liable for the
payment of all deficiencies plus all costs, including without limitations, commissions,
handling charges, the expenses of both sales, reasonable attorney's fees, incidental
damages, and any other costs or expenses incurred hereunder.
These Conditions of Sale and the buyer's and our respective rights and
obligations hereunder are governed by the laws of the State of California. The Conditions
of Sale shall bind the successors and assigns of all bidders and buyers and inure to the
benefit of our successors and assigns. No waiver, amendment, modification of the terms
hereof (other than posted notices or oral announcement during the sale) shall bind
PosterConnection unless specifically stated in a writing signed by us. If any part of
these Conditions for Sale is for any reason invalid or unenforceable, the rest shall
remain valid and enforceable. The invalid or unenforceable part will be replaced by one
which legally comes closest to its economic intents and purposes.