The absence of such a reference does not imply that an item is free from defects or restoration, nor does a reference to particular defects imply the absence of any others. References in the catalogue entry to the condition report, including damage or restoration are for guidance only and should be evaluated by personal inspection by the Bidder or a knowledgeable representative. Such statements do not constitute a representation, warranty or assumption of liability by Gibson's of any kind. Neither Gibson's nor the Seller provides any guarantee in relation to the nature of the property apart from the Limited Warranty in the paragraph below.Īll statements by Gibson's in the catalogue entry for the property or in the condition report, or made orally or in writing elsewhere, are statements of opinion and are not to be relied upon as statements of fact. Prospective Buyers are strongly advised to examine in person any property in which they are interested before the Auction takes place. The contract for the Sale of the property is therefore made between the Seller and the Buyer. Gibson's Auctioneers & Valuers as AgentĮxcept as otherwise stated Gibson's acts as agent for the Seller. All Bids, Hammer Price, Reserves, Buyer's Premium and other expressions of value are understood to be in Australian Dollars unless otherwise specified.Ģ. "Dollars" or "$" means Australian currency. Multiple owners, agents or persons in possession shall jointly and severally assume all obligations, liabilities, representations, warranties and indemnities in relation to the Sale of the Lot. "Seller" means (as appropriate) the owner, their agent, executors or personal representatives, or the person in possession of the property consigned for Auction. "Sale" means any private treaty or Auction Sale at which a Lot is offered for Sale. "Reserve" means the confidential lowest amount at which Gibson's has contractually agreed with the Seller that the Lot can be sold. "Prospective Buyer" means any person or entity with the intention of purchasing any Lot in the Auction. "Lot" means any item within the Sale for Auction and in particular the item or items described against any Lot number in the catalogue. "Insured Value" means the amount that Gibson's in its absolute discretion from time to time shall consider the value for which a Lot should be covered for insurance (whether or not insurance is arranged by Gibson's). "Hammer Price" means the amount of the highest Bid accepted by the Auctioneer in relation to a Lot. Accordingly no Lot shall be capable of being a forgery by reason of any damage or restoration work of any kind (including re-painting). "Forgery" means an item constituting an imitation originally conceived and executed with fraudulent intention to deceive as to authorship, origin, age, period, culture, provenance or source where the correct description as to such matters is not reflected by the description in the catalogue. "Buyer's Premium" means the charge payable by the Buyer to the Auction house as a percentage of the Hammer Price. "Buyer" means the person with the highest Bid accepted by the Auctioneer. Bidding is understood by both the Bidder and Gibson's to be contractually obliging. The Bidder is any person or entity that makes this makes this action. "Bid" / "Bidder" means the action of notifying the Auctioneer of the intention to purchase the Lot by the Prospective Buyer. "Auctioneer" means the representative of Gibson's conducting the Auction. "Auction" means the event at which any Lot is offered for Sale by Gibson's. The following conditions that are listed contain terms that are used regularly and have the following meanings: By Bidding at Auction you agree to be bound by these terms. They may be amended by printed Saleroom Notices or oral announcements made before and during the Sale. They are the Terms on which Gibson's and the Seller contract with the Buyer. The Terms and Conditions of Sale listed here contain the policies of Gibson's Auctioneer's & Valuers Pty Ltd (herein after referred to as "Gibson's"). *Gibson's takes no responsibility whatsoever for the actions of any recommended third party. Please see below for a list of carriers.*: We recommend using a professional service as we cannot take any responsibility for loss, damage or breakage that may occur if we pack the items. American Express, COD (cash on delivery), MasterCard, Visa, Wire Transfer Shipping
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