888.345.SOLD [email protected]

Modern Art Posters of Ace Gallery

02jun11:30 amSale TypeOnline Only AuctionPursuant to U.S. Bankruptcy Court PlanModern Art Posters of Ace GalleryGeography:Los Angeles, CA

Ace_Gallery_Posters

This sale has been cancelled

Signed – Unsigned – Vintage | Offset Lithograph Posters

Individual Certified Units and Large Quantity Reseller Lots Available

WE APOLOGIZE FOR THE INCONVENIENCE, HOWEVER, THIS SALE HAS BEEN CANCELLED.  Following the court decision in our favor to proceed with the auction, a settlement conditioned upon future performance has been made related to this bankruptcy matter resulting in the immediate cancellation of the auction.  Note, however, that these products may be reintroduced for auction at a later date should the settlement not be fully consummated

After years of bankruptcy reorganization, the famed Ace Gallery is in the final phases of its operational wind down.  This is the first of a series of sales that will include both original works and vintage gallery posters dating back to the 1960’s.

This sale features the gallery’s remaining supply of offset lithograph posters, including a limited number of signed posters by Andy Warhol and Robert Rauschenberg, Additionally, the sale will include small and large quantities of signed and unsigned posters from China Adams, David Amico, Mary Corse, The Date Farmers, Charles Fine, Robert Graham, Tim Hawkinson, Dennis Hopper, John Millei and many others.

The posters can be picked from the gallery’s Los Angeles area warehouse, or buyers can make arrangements with 3rd party shippers (see our referral list below). All purchases will be subject to a 25% buyers’ premium.

Questions about the sale, call toll free: 1-888-345-SOLD, extension 110

Sale Date(s) & Time(s)

Bidding Now Open
Bidding Closes: June 2, Starting at 11:30am PT (NOTE NEW DATE)

Preview Date(s) & Time(s)

No In-Person Preview Provided for this Sale

Location(s) / Button

Pickup Location: 5708 Alcoa Ave., Vernon, CA

Important Information

Please click on each section (>)  below for important sale information:

 

Terms of Sale - Highlights

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 mad 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, any of the items may show minor 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. Buyers may pickup their purchases from the Ace Gallery warehouse in Vernon, California, or 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.

  • 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 or cashiers check mailed overnight mail to our Westlake Village office. 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).

  • 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. See General Terms & Conditions of Sale for more details.

  • REMOVAL: Buyers are responsible to make arrangements for items to be removed during posted times.  All removal is by APPOINTMENT ONLY.  Paid Buyers can schedule appointments by emailing your preferred time slots to [email protected] or calling 805-496-8087 and selecting option 3.  Buyers arriving without an appointment will be accommodated on a first come, first served basis.  For assistance with shipping please see our list of unaffiliated, 3rd party shippers.  Buyers must bring all materials and manpower necessary to remove their purchases from where the items sit; we do not offer any loading or shipping services.  Please see General Terms for more details regarding buyer removal.

  • REMOVAL TIMES:
    We will NOT be open on the day of or day following the auction.
    We will schedule appointments on the following days and times:
    Monday, June 6 thru Friday, June 10, from 9am to 4pm each day, excluding Saturday & Sunday.
    Please note that we will close the doors by 5pm each day

  • 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.
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 or cashiers check.
  • If you have not submitted payment or contacted us to arrange payment within 3 days of the time that the 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).
  • Once you have paid, you will receive a paid invoice by email and may arrange for pickup of your purchases.
  • Buyers paying by wire transfer must contact our office for wire transfer instructions at 805-496-8087, ext. 110.
  • Buyers paying by cashiers’ check can make the cashiers check payable to “ThreeSixty Asset Advisors” and send by overnight mail to 3075 E. Thousand Oaks Blvd., Westlake Village, CA 91362.
  • Payments are not accepted at the Auction Site;
  • Sales tax exemption forms can be faxed to 720-704-5408 or emailed to [email protected]

Product Conditions

The following condition information is provided as a guide only in our best efforts to help bidders make buying decisions. All items are sold As-Is.

  • Signed Warhol and Rauschenberg posters have been stored in flat file cabinets and have been well maintained.
  • Unsigned Warhol and Rauschenberg posters, as well as other large volume vintage posters (older than 2000), have been stored in rolled bundles. These quantity lots will include a blend of conditions as noted below.
  • Quantity lots of posters after 2000 are generally stored and wrapped in flat bundles and, as such, are generally in A condition, unless noted otherwise on the Lot.
  1. Items appear in good condition, free from tears or creases, though some minor handling wear may exist given the vintage nature of the product;
  2. Items show edge wear as well as some minor handling wear and dust, but are generally in good condition;
  3. items have creases, tears or have been stored in rolls which have experienced various degrees of flattening

Note large quantity lots may be noted as Mixed A/B or Mixed B/C, etc.; In such cases, we have attempted to remove pieces which are severely damaged. Further, while rolls may show some edge wear or damage prompting a lower condition rating, in many cases the predominance of the product in a roll will have been protected within the roll and be in good condition. We have attempted to err on the side of caution.

Item Pickup

Pickup Scheduling:  Buyers are responsible to make arrangements for items to be removed during posted times.  All removal is by APPOINTMENT ONLY.  Paid Buyers can schedule appointments by emailing three preferred time slots to [email protected] or calling 805-496-8087, ext. 110.  Buyers arriving without an appointment will be accommodated on an ‘as available’ basis.  Appointment can be scheduled during the following dates and times:

    • We will NOT be open on the day of or day following the auction.
    • We will schedule appointments on the following days and times:
      • Thursday, December 3 thru Friday, December 10, from 9am to 4pm
      • The warehouse will be closed on Saturday & Sunday
      • Please note that we will close the doors by 5pm each day

 

For assistance with shipping, please see our list of unaffiliated, 3rd party shippers.  Buyers purchasing large quantities of posters must bring all materials, carts and manpower necessary to remove their purchases from where the items sit; Individual Posters will be prepared and ready for buyer pickup or shipping.  Please see General Terms for more details regarding buyer removal.

 

3rd Party Shippers: Below is a list of companies that can assist you with shipping. Please contact them directly for scheduling and pricing, which may vary by carrier. Be advised that shipping costs vary based on dimensions, weight and destination. These shipping companies are provided for your convenience and are not affiliated with ThreeSixty Asset Advisors. Using one of these companies does not in any way alter your obligations for removal in accordance with the terms of sale.

 

  • INDIVIDUAL / SMALL QUANTITY POSTER PURCHASES
    BoxPackShip – Max Moss – Tel: 323-432-2477 – [email protected]
    City Business Shipping Inc. – Richard – Tel: 213.612.4949 – [email protected]

 

 

Contact Information

General Info: 1-888-345-SOLD
Payments: 1-805-496-8087, option 3
Pickup: 1-805-496-8087, option 3
Fax: 1-720-704-5408
Support Email:  [email protected]