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Sale Procedures
Silent Bid Rules
Silent Bid pieces are accompanied by a box into which prospective
buyers may place an silent bid slip. Each prospective buyer may
submit only one slip. This piece carries a fixed price and is not
subject to auction bidding. The auctioneer will draw the winning
silent bid slip and announce the successful buyer just before the
live auction Friday evening, September 21.
When the auctioneer makes the announcement, title
to the silent bid pieces will pass to the buyers whose slips were
drawn, who thereupon assumes risk and responsibility thereof, who
will sign a confirmation of purchase thereof, and who will pay the
full purchase price thereof.
Live Auction Rules
The auctioneer sells each work of art in the order listed in the
catalog. The auctioneer begins bidding at a stated dollar amount,
and when a prospective buyer bids that amount, the auctioneer then
requests bids for a higher amount. This continues until no one responds
to the next higher bid request. The auction pace is brisk. Approximately
15 works are sold per ½ hour. If you wish to bid, raise your
bid number high to be sure your bid is recognized. Don’t be
shy!
Silent Auction Rules
To purchase silent auction artwork, guests enter their bid amount
and bid number in writing on the bid sheets posted beside each silent
auction piece. The minimum increase is $50. Silent auctions both
Friday and Saturday close by announcement of the auctioneer directly
following the conclusion of the live auctions.
Bid Numbers
Bid numbers are automatically assigned to pre-registered guests.
Bid numbers are located on the reverse side of guest nametags and
are issued at the show’s registration station. Please plan
to use the same bid number and nametag for both the Friday and Saturday
auctions.
Absentee Bids
If you are unable to attend the auctions in person and wish to place
bids, you may submit absentee bids to be executed by Buffalo Bill
Art Show representatives. Bid forms are available by calling (307)
587-5002 or visiting our website at www.buffalobillartshow.com.
Settlement
After each item’s sale, the successful bidder immediately
signs a sale contract, provided directly to him or her. Successful
bidders pay the final bid price for their item(s) during or immediately
following the auctions by presenting their copy of the sale contract
at the cashier station. Cashiers are located in the Party Tent.
Buyers may pay by cash, check, or credit card. Checks are made payable
to the Buffalo Bill Art Show. Mastercard, Visa, American Express
and Discover are accepted. A 10% buyer’s premium is added
to the final bid price. The buyer retains one copy of the sale contract
(white copy).
All sales are final and there are no exchanges or
refunds on items. To protect buyers and ensure the safety of the
artwork, all buyers taking artwork from the events must present
proof of purchase (white copy of the sale contract form) at the
time of their departure.
Shipping
We prefer that buyers obtain artwork purchases directly following
the auction (if purchases are not intended for shipping). Otherwise,
artwork is available for pick up beginning Monday, September 25th
at the Cody Country Chamber of Commerce. Shipping arrangements are
made at the time of settlement and buyers are responsible for shipping
costs. The UPS Store is the official shipper of the Buffalo Bill
Art Show & Sale.
Conditions of Sale
The property available at the Buffalo Bill Art Show will be offered
and sold by the Cody Country Chamber of Commerce (“Chamber”)
as agent for the “consignor” under the following terms
and conditions:
The Chamber reserves the right to withdraw any artwork
at any time before the actual sale. If the auctioneer determines
that any opening bid is not commensurate with the artist’s
reserve value of the article offered, he may reject that offer and
withdraw the article from sale; and if having acknowledged an opening
bid, the auctioneer decides that any advance thereafter is not of
sufficient amount, he may reject the advance. The highest bidder
acknowledged by the auctioneer, shall be the purchaser. In the event
of any dispute between bidders, the auctioneer shall have sole and
final discretion either to determine the successful bidder or to
re-offer and re-sell the article in dispute. If any dispute arises
after the sale, the Chamber’s sale records shall be conclusive
in all respects. Unless otherwise announced by the auctioneer at
the time of sale, all bids are per lot as numbered in the catalog.
With the fall of the auctioneer’s gavel, title
to the offered lot will pass to the highest bidder, who, thereupon
assumes risk and responsibility thereof, who will sign a confirmation
of purchase thereof, and who will pay the full purchase price thereof.
All artwork shall be removed by the purchaser or shipped at the
purchaser’s expense.
Unless the sale is advertised and announced as a
sale without reserve, each lot is offered subject to reserve. The
consignor may bid upon its property as well as upon any other property
offered.
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