Auction Location: 8567 134th St., Apple Valley, MN 55124
Phone: 952-322-0011
Lot Categories:
Auction Closed
09/25/2014 06:00 pm
Closed
This is our first Auction here on K Bid. We are very knowledgeable about fine art as investment pieces since that is our speciality. Feel free to contact us with any questions you may have about a piece of art up for auction or for a certified appraisal after purchase. Due to our high standards of ethics we can not appraise an item and then sell it. We make no warranty on the values on estimated values. We do research our lots and make comparisons based on actual sales when estimates are given. Modern art defined by vintage or recent art. It is highly collectable in todays market with an average return of double the value every 5-10 years. Forbes magazine cited that the next biggest investment besides your home is Fine Art! Happy Bidding!! Jennifer Certified Fine Art Appraiser
Contact Jennifer Denmark @ 952-322-0011
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Discounted Buyer's Premium | Regular Buyer's Premium | Cap | |
|---|---|---|---|
| 10.00% | 13.00% | $3,250.00 |
This auction is contracted and managed by: Vault Auctions & Appraisals
Manager: Jennifer Denmark
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This auction is contracted and managed by Vault Auctions & Appraisal Services, LLC.
By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms. For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.
Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase. No returns
There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP).
Applicable Minnesota Sales Tax will be collected.
At the close of the auction active items will remain open until no bids have been received for three minutes.IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
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By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
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Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.
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