Penland Auction Absentee Bidding Information

Absentee bids accepted until noon on Friday, August 9, 2013

Absentee bidders will pay a $25 absentee bidder fee (includes auction catalog), whether the absentee bid is the winning bid or not. Absentee bids may be submitted by mail, phone, email, or fax until noon on Friday, August 9, 2013. Bids will be executed for you by Penland auction staff up to the price stated. In the event of identical bids, the bid received first will take precedence. You will be contacted on Monday, August 12, 2013 if you are successful, and will be invoiced for the purchase price and the cost of shipping. Penland accepts cash, personal checks, MasterCard, Visa, Discover, and American Express.

 

 

Alternatively, it is possible to bid by phone during the live auctions on Friday and Saturday; arrangements must be made in advance. An absentee bidder fee must be paid and a maximum bid stipulated. In the event that a larger maximum absentee bid is placed on the item, you will be called and given the opportunity to increase your bid. You must provide Penland with a telephone number at which you can be reached from 3:00 to 6:45 pm and 7:30 to 9:00 pm on Friday, August 9 and 10:00 to 11:45 am and 1:00 to 3:00 pm on Saturday, August 10. You will be called before the piece comes up for auction and your bids will be executed for you.


Your purchase price will be the amount of your successful bid. The auction is conducted on behalf of a charitable organization recognized by the State of North Carolina. Accordingly, no sales tax is due.


For more information, contact the Penland development office: 828-765-2359, ext. 31 or email:

 

Before placing an absentee bid, please read the following:

Regarding both the live and silent auctions, Penland School assumes no risk, liability or responsibility for the authenticity, quality, or value of the items. Estimates of values and descriptions have been made based on information provided by artists. Everything is sold "as is" and is subject to the conditions and restrictions stipulated in the catalog.

 

Bid increments are set by the auctioneer. The highest bidder for any item shall be the purchaser. In the event of a dispute, the auctioneer shall have the sole and final discretion to determine the successful bidder or to reoffer or resell the article in question. Designation of your bid as the winning bid is a legal contract to purchase the item.

 

No sales tax will be charged, as all items have been donated to Penland School of Crafts, a registered 501(c)(3) charitable organization. Successful bidders are purchasers of items of value. As such, the bids are not tax-deductible except in the amount by which the purchase price exceeds the item's fair market value. The amount, if any, that the purchase price exceeds the item's fair market value appears on your invoice. Please keep the invoice for your records and consult with your tax advisor for details.

 

Shipping

Penland staff will contact you following the auction to confirm shipping arrangements and will notify you of the actual shipping cost that will be charged to your card.

 

Items will be shipped via UPS Ground, FedEx, or US Mail and will be insured for the purchase price. Please allow three to six weeks for packing and delivery. Crated items may require additional time for packing and delivery.

 

Shipping is not available for some items due to fragility, size, or weight. Items marked $$$ shipping may incur higher shipping costs due to high insurance values or oversize packaging requirements. Items marked crate plus shipping may require crating and freight delivery; please note that the minimum cost of a crate is $150 plus the cost of freight delivery service. Items marked art handler shipping may require a professional art moving service for packaging and delivery. The cost of this service will be paid by the purchaser.

 

Shipping charges will include the carrier costs, insurance, packing materials, and a $25 handling fee for each item shipped.