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Why consign to the OLD WEST AUCTION?

  • We are considered the leading auction house in the country for western antiques.
  • Our reputation assures buyers they get what they pay for.
  • Our client list is the best in the Western Antique Business.
  • We have competitive and fair consignment rates with no hidden charges.
  • We have been in the Western Antique Business for over 20 years and rely on a large group of knowledgeable professionals for research to help sell your items.
  • Look at some of the prices our auction has realized in just the last 3 years, many are records for particular items.
  • We will tell you honestly if we feel we are not the auction for your item. We won't sell an item just for the commission. We want to treat you fairly.

View a sampling of Old West Auction Realized Prices from 1996-2003

 


"Custer Era" Colt SA Army Revolver - 2003

Consignments close in January, so contact us early!

How to get an item in our auction:

  1. Send photos along with any information/provenance.
  2. Digital files are the best, send to: brian@codyoldwest.com
  3. Other photos can be mailed to:
    Old West Auction Administration Office:
    P.O. Box 2038
    Carefree, AZ 85377

    Attn: Auction Consignment
    DO NOT expect these photos returned.
  4. Brian Lebel will review and contact you in 10-20 days.
    We do get an extreme amount of correspondence, so please be patient.
  5. Read carefully the following terms:
2005 Old West Auction
CONSIGNMENT AGREEMENT

Name:

Business Name:

Adress:

City/State/Zip:

Phone/Fax:

ITEM DESCRIPTION
MAKER
COMM%
RESERVE
       
       
       
       
       
       

Thank you for consigning to the Old West Auction!
Please read our consignment terms carefully and sign below:

   
I fully understand the terms of this form Date


2005
Old West Auction Consignment Terms


1. Consignment. The owner employs the Auction Co. to sell at public auction certain property, including, but not necessarily limited to the items described on the reverse of this page and all attached pages. ALL CONTRACTS ARE CONSIDERED APPROVED AS SUBMITTED IF NOT RETURNED WITHIN 10 DAYS.
2. Commission. The commission shall be paid to the Auction Co. as a percentage of the hammer price on all property sold, which will be payable from the auction proceeds. Base 22% unless otherwise noted.
3. Bill of Sale. The Auction Co. is hereby authorized to sign on behalf of the owner, a memorandum of sale and is required to receive from the buyer of the goods the full purchase price of any items sold at the auction.
4. No Bidding by Seller. The property involved herein shall remain the property of the owner until sold to a buyer at auction, however, the owner hereby agrees not to withdraw any property contained on reverse side of contract, prior to holding of the auction and further agrees not to bid on any of these items, either personally or through an agent, this is a state law. The bids advance only by the amounts named or accepted by the auctioneer at the time of the auction.
5. Risk of Loss. Auction Co. assumes the risk of loss or damage to the property while in the possession of the Auction Co., to the extent that the Auction Co. is insured for such loss or damage. Settlement for loss or destroyed lots will be based on the low estimate agreed upon by both parties. This figure will be published in the catalog and considered agreed upon with the return of the consignment sheet.
6. Warranties. The Auction Co. will attempt to describe the lots as accurately as possible and will in all cases guarantee these descriptions for a period of 14 days after the purchaser has taken possession of the item(s). (It is important that if the owner knows of specific problems or repairs, that they advise the Auction Co. in advance so as to insure that all significant faults are pointed out prior to their sale to insure that none of the lots will be returned). Payment for any and all lots will not be made until after the grace period has elapsed. It is understood by the owner that if any lot is returned in compliance with the guarantee provided by the Auction Co., that the lots will be considered a no sale and the lots will be returned to the original owner. In such case of a sale forfeiture, there will be no commission charge to the owner.
7. Presale Estimate. The presale estimate is not a guarantee but an educated judgment of what the selling range might be.
8. Ownership. Owner covenants with the Auction Co. that the owner is either individually or in the capacity set forth on the reverse, the owner of all said property and that all said property is free from all encumbrances, and that owner has the full right to sell the same in accordance with the terms of this agreement, and that the owner will warrant and defend the same unto the Auction Co. or his assigns, and against the lawful claims and demands of all persons, and will indemnify and hold Auction Co. harmless from all such claims and demands.
9. Settlement of Account. The Auction Co. shall make an accounting and payment to the owner for all consummated sales as follows:
a. Approximately 21-28 days after the auction, all consummated sales will be accounted for and paid for (a consummated sale is: a sale in which we have received clear payment on, delivery has been made and guarantee grace period has expired).
b. If the sale of any of your lots has not been consummated within the 21 day period, a second final payment will be made for the remaining lots once they have been consummated.
c. If for any reason the Auction Co. is not able to collect on a purchase or if for any reason the lot becomes a no sale, there will be no commission charge to the consignor and the lot may be returned to the owner or re-offered at future auctions subject to mutual agreement.
d. Any item which is returned to the Auction Co. for any reason will revert back to the consignor, unless other arrangements have been made.
e. The Auction Co. reserves the right to retain and try to sell any item that fails to sell in the auction for 30 days. Net price to seller to be the reserve price supplied on the contract.
10. Reserves. Reserves are an agreed upon confidential price between the Auction Co. and the owner, a price at which the lot will not be sold less than. Once a consignment sheet is signed by a consignor, (ALL CONTRACTS ARE CONSIDERED APPROVED AS SUBMITTED IF NOT RETURNED WITHIN 10 DAYS.) reserves cannot be increased. We discourage reserves, however, will reluctantly allow reserves on important lots provided that:
a. The reserve is realistic and conservative in relation to the market value of the lot. (Cannot be more than 75% of the low estimate)
b. The reserve is negotiated and agreed upon at the time the contract is prepared and can NOT be changed.
c. Any reserve lot must have the amount written in the reserve box. Please be sure this is done before signing this contract.
d. The reserve figure is subject to applicable commissions and other agreed upon charges and subsequently is not a net figure.
e. A buy-in fee of 10% will be charged on the bought in price of any lot subject to reserve. This buy-in fee of course is assuming that the lot did not successfully sell at the auction. The buy-in percentage fee will be assessed, based on the bought in price, not the actual reserve price. IE: An item with a reserve of $3000 is bought in at $2000. The fee would be based on the $2000 figure, and not at the top reserve of $3000. The purpose of this fee is to help allow the Auction Co. to recoup some of his outlay for promoting, cataloging, insuring and handling these lots. Not to be less than $125.
f. Reserves CAN NOT BE CHANGED after the catalog is printed or after item is consigned, which ever comes first.
11. Shipping. The consignor will be responsible for getting the items to the auction site and costs incurred in returning the items in the case of a no sale.
12. PREPARATION FOR SALE. If your item is not prepared for sale, you will be charged a protection/cleaning/repair charge. (Example: photographs will not be sold without a hard plastic protector.)
13. Buyers Premium. Buyers premium does not concern consignor, it is paid directly to the auction house.
14. If an item is submitted to the auction and is subsequently deemed to be a fake, fraud, reproduction or otherwise other than represented, the consigner and or owner of the item will bear full responsibility for any costs incurred by the auction co. These costs will include, but are not limited to shipping, insurance, cataloging, photography, and charges by expert consultants. This clause applies to the item or items from time of arrival to actual auction time.

 

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