28th MassArt Annual Auction E-catalog

Page 13

2017

auction guidelines LIVE AUCTION

ARTWORK PICK-UP/DELIVERY

The Live Auction will begin at 8:00PM and continue without breaks until all items have sold. To bid in the Live Auction, hold your bid card up high with the number facing the Auctioneer. The highest bid acknowledged by the Auctioneer constitutes a legal contract to purchase the item by that bidder.

To ensure the safety of all artwork, NO ARTWORK WILL BE WRAPPED TO TAKE HOME THE NIGHT OF THE AUCTION. After paying for your purchases at the check-out station, please make arrangements at the pick-up/delivery station through one of the following options:

To place an absentee Live Auction bid visit at paddle8.com/auction/massart or contact Executive Director of Advancement Kathy Calnan at kcalnan@massart.edu or 617.879.7012.

1) Pick up work in the Bakalar & Paine Galleries on Wednesday, April 12 or Thursday, April 13, 4:00 – 7:00 PM; or 2) Have work delivered to your home in the Metro Boston area; or 3) Have work professionally shipped at the expense of the purchaser.

BUYER’S PREMIUM A buyer’s premium equal to 10% of the winning bid will be applied to each lot sold and will be paid by the buyer as part of the purchase price. A buyer’s premium will not be applied to any pledge(s) made during the Live Auction’s Raise Your Paddle fundraising opportunity. Gifts made through Raise Your Paddle are outright donations and are fully tax-deductible as allowed by law.

SALES TAX All artwork purchases are subject to the Massachusetts 6.25% sales tax unless the purchaser possesses a Massachusetts sales tax exemption number. Exemption certificates from other states will be accepted if presented with a business card or on letterhead. All certificates must be presented during guest check-in.

PAYMENT Cash, checks, Visa, MasterCard, and American Express will be accepted as payment. Guests will be asked to put a credit card on file during check-in for payment of artwork purchases and donations made at the Auction. Notification of winning bids and receipt of purchase will be emailed following the event. You may visit the check-out station with any questions at the end of the evening. All purchases are final and must be paid for on the evening of the Auction. No exchanges or refunds will be allowed.

The Office of Fundraising Events will contact buyers who did not make pick-up/delivery arrangements the week following the Auction.

GENERAL RULES The Massachusetts College of Art and Design Foundation reserves the right to add items to or withdraw items from the Auction without notice. The MassArt Foundation has attempted to describe and catalog all items accurately, but all items are offered “as is, where is.” The MassArt Foundation neither warrants nor represents, and in no event shall be responsible for, the correctness of the descriptions, genuineness, authorship, provenance, or condition of the items. No statement made in this catalog, orally at the Auction, or elsewhere shall be deemed such a warranty, representation, or assumption of liability. The values listed are estimates of fair market values. Items have not been appraised by the MassArt Foundation. Each person (bidder) issued a bid card assumes all risks and hazards related to the items obtained at the Auction. Each bidder agrees to hold harmless from any liability arising there from the Massachusetts College of Art and Design Foundation, its employees, the event organizers, sponsors, and volunteers connected with the Auction. All items purchased in the Live Auction become the property of the winning bidder once that bidder is acknowledged by the Auctioneer.

Thank You. We thank you for your support and wish you the best of luck on your auction bidding!

28th Annual Benefit Art Auction

guidelines

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