Registration. Prior to bidding, you must register, either by completing our online registration form or completing the process by phone (please call 732.261.9355). You must register no later than noon EST on May 10th, 2014.
Viewing. Clients are welcome to view items at our office in New Jersey during the week before the auction closes. If you are unable to visit, we would be happy to assist you by providing additional details by telephone or photos via email. Please note that in-person viewing and telephone assistance may not be available on May 10th, 2014.
There are two ways to bid in this auction:
Online Bidding. You may enter bids online by visiting paragonauctions.com. When doing so, you can either elect to choose the next bidding increment or a "ceiling bid" that represents the maximum price you are prepared to pay before consideration of the buyer's premium of 15%. Importantly, if you enter a ceiling bid online, no one other than you will know what amount you have entered.
Telephone Bidding. You may also enter bids by calling 732.261.9355 and having us enter bids online on your behalf. When doing so, you can either elect to choose the next bidding increment or a "ceiling bid" that represents the maximum price you are prepared to pay before consideration of the buyer's premium of 15%.
Before entering any bid, you should familiarize yourself with the auction's structure and conditions:
Initial bidding ends May 10th at 10 pm E.S.T., with bidding continuing for 15 minute intervals on an auction basis. Each time a bid is placed after 10 pm, the clock on the auction will be extended for 15 minutes. As a result, all lots will close at the same time. If auction is still receiving bids at 4 am EST the auction will go to a 5 minute rule with the auction remaining open till no lot receives a bid for 5 minutes. You must bid on at least one item in the auction to continue bidding past 10 pm. As long as you have placed a bid on any individual lot, you are eligible to bid on ANY lot in the auction until close.
Auction closing. The auction remains open until 10 minutes have passed without a bid being entered. In no event, however, will the auction close later than 4AM EST on May 10, 2014. Bidders who desire to enter bids during the auction's final hours but cannot do so at that time may elect to enter ceiling bids, either through online bidding, which preserves the confidentiality of the amount you enter, or by telephone.
Reserve prices. Certain lots may have a reserve price, below which the lot will not be sold.
Bidding increments. All bids must be at least 10% higher than the highest bid. If the highest bid is $1,000, for example, the next bid must be at least $1,100.
All items will be sold to the highest bidder. All bids have to meet the "reserve" or minimum price listed. ParagonAuctions.com reserves the right to accept or reject any or all bids and to pull a item from the auction for any reason.
Ceiling bids. Ceiling bids must be at least 21% higher than the highest bid. Ceiling bids are executed competitively as other bids are entered against them. If a lot has a reserve price and your ceiling bid exceeds the reserve price, the ceiling bid will be executed up to the reserve price.
Bids cannot be retracted. Once placed, a bid cannot be retracted or withdrawn. Once a bid is entered, an outbid notice is automatically sent to online bidders. Entering a bid constitutes acceptance of all terms and conditions of this auction.
Buyer's premium and fees. A 15% buyer's premium is added to the winning bid on all lots. If you enter a winning bid of $1,000, for example, you will receive an invoice for $1,150. In addition, your invoice will include insurance, shipping and handling charges.

After the auction:

Notification. You can view an electronic copy of your invoice by logging in to your account on the Monday following the auction. Invoices will be mailed the same day.
Payment. Payment is due no later than 14 days after electronic invoices are available. Failure to pay promptly may result in suspension of your bidding privileges. Personal checks are accepted, but if you do not arrange credit terms with us prior to bidding, merchandise will be held for 10 business days to allow time for the check to clear. We accept personal checks, money orders, cash and wire transfers.
Shipping. Winning bidders are responsible for insurance, shipping and handling charges. All items are sent FedEx ground. Please note that for large, heavy or fragile items, buyers may wish to make special arrangements for shipping.
Picking up. Winning bidders who wish to pick up items at our New Jersey office must either have a New Jersey resale certificate or pay a 7% sales tax, even if they have an out-of-state residence.
All sales final. All sales are final. There are no returns.
Other terms and conditions include:
Non-payment by winning bidder. If payment in full is not received within 30 days after electronic invoices are availableon our website, we reserve the right, without further notice, to resell any or all of the items you won. In addition, a service charge of 1.5% per month will be applied to any outstanding balance after 30 days. You agree to pay all of our costs, including attorneys' fees incurred in attempting to collect any sums due.
Authenticity. ParagonAuctions.com LLC stands behind the authenticity of each item it sells for a period of 3 years following the date of the auction. It is the winning bidder's responsibility to verify authenticity within that period of time. However, ParagonAuctions.com LLC and its agents will be the sole determinants of the authenticity of each and every piece sold. We are not bound by the opinion of grading services, third-party authenticators or experts. Letters of authenticity are only available for those lots where "LOA" is listed in the catalog in the lot's description. Otherwise, your invoice and your invoice alone will serve as your letter of authenticity.
Governing law and jurisdiction. The rules and conditions of the sale and the conduct of the auction shall be governed by the laws of the Sate of New Jersey. By bidding at auction, whether online or by telephone, you shall be deemed to have consented to the exclusive jurisdiction of the courts of New Jersey and the Federal courts sitting in such state.
Acceptance of conditions. Placing a bid in a ParagonAuctions.com LLC auction, whether online or by telephone, constitutes acceptance of these terms and conditions.