Modern Art Posters of Ace Gallery

The following highlights key sale terms and identifies sale specific terms. These, along with our General Terms & Conditions of Sale comprise the Complete Terms of Sale. To confirm your responsibilities as a buyer, please review the items below and view or download the General Terms & Conditions of Sale.

• INSPECTION: No in-person inspection will be offered for this sale;

• BIDDING: All items have a minimum opening bid amount. Should you bid this amount and no one increases the bid, you will be the winning bidder. Bidding occurs per the increment table accessible on the Live Auctioneers website. You may review the bid history on an item at any time. Note that if a high bid equal to your high bid is awarded to another bidder, this means they submitted a maximum bid for the same amount prior to your bid submittal.

• QUANTITIES: Please note that many items in this sale include multiple quantities. The bid price you submit will be a lump sum for the entire lot, inclusive the entire quantity described. We have made every effort to provide accurate counts, including rounding down in an abundance of caution; however, Buyer may verify counts BEFORE items are removed from the Ace Gallery warehouse. Should the count be off by greater than 3%, Auctioneer shall pro-rate the purchase price based on the short count in excess of this 3% margin of error.

• REPRESENTATION: Many of the items offered are vintage and have been stored for an extended time in the Ace Gallery warehouse. As such, items may show various forms of handling wear. We have noted ‘Conditions’ on each lot in order to help Buyers make prudent purchase decisions. Please see the Condition Section for a breakdown of Condition definitions. Also note that the photos provided are representative of one of the like pieces offered in the sale, but may not represent the actual piece or pieces in a particular lot. All Items are sold ‘As-Is, Where-Is’, With all faults and without recourse. All Sales are Final.  We attempt to provide helpful information, where available, but do not guarantee descriptions or conditions. Please bid accordingly.

• SHIPPING: Shipping is NOT provided by Sales Agent or Seller. You may arrange to receive your purchases one of 3 ways:

  • 1 – Pickup from the Ace Gallery warehouse in Los Angeles, California (location will be provided on your invoice),

  • 2 – make arrangements for items to be shipped using your own contracted Shipper. Buyer is responsible for all costs and coordination regarding packaging, handling, shipping and insurance. You may use your own shipper or refer to our list of 3rd Party Shipping Referrals below.

  • 3 – in the case of individual posters, provide a UPS or Fedex label to Ace personnel and cover the cost of a poster tube. Buyer is responsible for all costs and coordination regarding packaging, handling, shipping and insurance.

• REMOVAL – Buyer or buyer’s shipping representative must contact Jacob Willson at [email protected] to coordinate details, including scheduling pickup dates and times.  Pickup and any agreed upon shipping with Jacob can be arranged within 3 weeks of the sale date and will be on a first come, first served availability basis.  Options for expedited pickup/delivery may not be available.  Buyers arriving without an appointment may be turned away.  IMPORTANT: Buyers must arrive with an ID that matches the name on the invoice.  If sending a 3rd party to pickup on your behalf, you must complete and submit an Agent Release form to our office authorizing the 3rd party to pickup on your behalf.  The 3rd party must provide ID matching the Agent Release form and sign documentation upon arrival at pickup.

• PAYMENTS: All payments are due upon receipt of Invoice, which will be emailed within 24 hours of the auction. You will find a “Pay Now” option on the invoice which will allow you to pay by credit card or ACH bank payment. These options only apply to purchases under $10,000. If you spend in excess of $10,000, we require payment in the form of a wire transfer. If you have not contacted us to arrange payment within 3 days of the time that invoice is sent, we will charge the credit card you used to register for the auction for the full amount listed on your invoice (or a maximum of $10,000 pending the balance by wire transfer if applicable).  Note that buyer is responsible for any fees assessed by LivePayments for credit card or ACH payments. There are no surcharges assessed for payments made by wire transfer.

• BUYER’S PREMIUM: A 25% Buyer’s Premium will be added to the price of each item. 

• SALES TAX: 9.5% sales tax will be assessed on the purchase price plus buyers’ premium, unless you provide evidence of sales tax exemption.  Bidders paying through the Live.Payments (Live Auctioneers payment portal) will need to comply with Live.Payments requirements regarding sales tax, which may vary from the terms otherwise stated. Bidders paying by wire transfer may have sales tax responsibility that varies from Live Auctioneers’ requirements.  See General Terms & Conditions of Sale for more details.

• DEFAULT: Upon award of bid, Buyers are deemed responsible for a non-refundable 25% deposit. While Auctioneer may elect not to collect the deposit in good faith, in the event of a Buyer default, Buyer’s acceptance of these Terms of Sale, evidenced by their participation in the auction, shall serve as Buyer’s authorization for Auctioneer to pursue whatever means necessary to collect upon the 25% deposit as liquidated damages, including charging its credit card on file. In addition to the collection or retention of Buyer’s deposit, Auctioneer may report Buyer’s failure to perform on its obligations to the LiveAuctioneers rating system impacting Buyer’s future ability to participate in future LIveAuctioneers auctions.

• See the General Terms & Conditions of Sale for complete buyer obligations.