Absentee Bid Registration

Agreement

By completing this form you agree to the following:

1. 1. Michaan's Auctions is authorized to bid on my behalf at the specified sale for the specified Lot(s) up to the bid authorized and to acquire the Lot(s) at the lowest price as permitted by other bids or the reserve.
2. 2. Michaan's Auctions will not be responsible for any error or failure to execute a telephone bid for any reason whatsoever.
3. 3. I agree that if my bid is successful, a Buyer's Premium on each lot of twenty-six percent (26%) per lot up to and including $250,000, twenty-one percent (21%) per lot of any amount in excess of $250,000 up to and including $1,000,000 and eighteen percent (18%) per lot in excess of $1,000,000.
4. 4. All bids shall conform to the bidding increments set forth in the Conditions of Sale. I agree with the above terms and the Conditions of Sale. This form constitutes a binding commitment to purchase all successful bids (this box must be checked in order to process your absentee bids). *

In the case of a tie with a live bid from the floor, phone or internet, priority will be given to the live bid. For buyers unable to participate live in the salesroom or on the telephone, we offer the option of leaving absentee bids. A trained staff member will bid on your behalf alternately against other bidders until the bidding ends. In the event that the other bidders drop out before reaching the full amount of your absentee bid, you will purchase the lot at the next increment.

In the case of a tie with another absentee bid, priority is given to the first bid received by Michaan's Auctions.

Note: Absentee bids must be received by Michaan's Auctions no later than 5pm the day before the sale date.

Customer Service:
(800) 380-9822 (toll free in the U.S. only) or (510) 740-0220