Abstracted: Post-War & Contemporary Art

Payment : Payment; Pickup; Loading; Storage. Payment of the Total Purchase Price of Property plus applicable fees, charges and taxes must be made in full by wire transfer or other acceptable method within seven (7) days after the date of sale of said Property. After approval by Capsule Gallery Inc., which it may withhold in its discretion, payment in an amount less than $5,000.00 may be made by acceptable credit card. Property will not be released to You or Your agent until full payment has been made as provided above. Purchased Property must be picked up within fourteen (14) days after the date of sale of said Property. Capsule Gallery Inc. will not be responsible for packing purchased Items or arranging shipping. Packing and loading of Property at Capsule Gallery Inc.'s gallery (or elsewhere) is the responsibility of the Purchaser. Capsule Gallery Inc. may offer assistance, but neither Capsule Gallery Inc. nor its employees or agents shall be liable for any damages or accidents that occur in handling, moving, lifting, loading or packing of Property or thereafter (as, for example, during transit). A storage fee of $10.00 per Lot per day begins accruing on the 15th day after the date of sale.



Remedies for Nonpayment. If a Purchaser fails to pay the Total Purchase Price of Property plus applicable fees, charges and taxes in full by wire transfer or other acceptable method within seven (7) days after the date of sale, in addition to other remedies available to Us and the Consignor by law, including without limitation the right to hold the Purchaser liable for all sums due together with costs of collection, including attorneys' fees, We may retain as damages all payments made by the Purchaser. In addition to such remedy We may at Our option (a) cancel the sale and/or (b) resell the Property at public auction or by private sale without reserve, and the Purchaser will be liable for any deficiency, handling charges, expenses of both sales, Our commission on both sales at Our regular rates, all other fees and charges due hereunder, and all other costs and expenses, including attorneys' fees and incidental damages. In addition, a Purchaser defaulting hereunder will be deemed to have granted Us a security interest in, and We may maintain as collateral security for such Purchaser's obligations to Us, any Property in Our possession owned by such Purchaser. We shall have all of the rights afforded a secured party under the New York Uniform Commercial Code with respect to such Purchaser. We reserve the right to hold Property purchased at an auction or sale until payment has been made in full by wire transfer. Payment will not be deemed to have been made until We have received payment in full of the Total Purchase Price of Property plus applicable fees, charges and taxes by wire transfer or other acceptable method.

Shipping Terms: Capsule Gallery Inc. advises prospective bidders to obtain shipping quotes before placing bids.

Capsule Gallery Inc. will not be responsible for packing items or arranging shipping. Packing and loading of items at Capsule Gallery Inc.'s gallery (or elsewhere) is the responsibility of the purchaser. Capsule Gallery Inc. may offer assistance, but neither Capsule Gallery Inc. nor its employees or agents shall be liable for any damages or accidents that occur in handling, moving, lifting, loading or packing of items or thereafter (as, for example, during transit). 



Packing, shipping and insurance fees are an additional and separate expense. Please contact your preferred shipper directly for quotes and to make arrangements for shipping and delivery of your items. Once payment for your auction purchase has been cleared, merchandise will be released to your designated recipient or shipper.

United Shipping & Packaging 
http://www.uspnyc.com/
email uspnyc@yahoo.com
(212)475-2214

Taxes : Sales Tax. Unless exempt by law, a Purchaser will be required to pay New York sales tax or any applicable compensating tax of another state on the applicable portion of the Total Purchase Price. All Property picked up at Our gallery or shipped or delivered to an address in New York is subject to New York sales tax, unless a valid resale number and certificate are provided to Capsule Gallery by the Purchaser. If You have a resale number, We can provide a resale certificate for Your completion.