Late September Rug, Art and Rare Book Auction

The Rug Life LLC

 

Date(s) 8/20/2020 - 9/30/2020

9/30/2020 starting at 3:00pm and ending at 10:00pm.

Past Auction
Shipping Available
Bidding Notice:

The is an internet only bidding auction. But you may place absentee bids immediately.

Auction Information
Name Late September Rug, Art and Rare Book Auction
Auctioneer
Date(s) 8/20/2020 - 9/30/2020
Auction Date/Time Info
9/30/2020 starting at 3:00pm and ending at 10:00pm.
Preview Date/Time 9/25/2020 to 9/29/2020
Checkout Date/Time Beginning 10/1/2020
Location
Buyer Premium 25% Buyer's Premium
Description
Welcome to our Late September Rug, Art and Rare Book Auction. Just remember a few things about The Rug Life. Unlike other auction houses; " We are a relatively new auction house. We have a smaller bidder base. Because of that, you can leave an initial bid, not pay any attention to it, and you will likely win that auction for that item. We know that this will change in the future as we increase our bidder base. But for now, bid on an item and expect to win it with that initial bid. " We charge a flat fee to package and deliver your rug (or painting/books) to a shipper of your choice. This saves you the hassle of arranging all of that. But it also saves you a pickup charge, and a packaging charge. Generally, the charge is $20.00. If it's a singular book or small item, it might be $10.00. This charge is always added into your invoice immediately after the auction closes. " We wash our rugs before we ship them out to you. This will save you hundreds of dollars. Other auction houses get rugs from consignors and don't clean them before they are sent to you. You then must arrange, and pay for, the cleaning of that rug. With the Rug Life, you can open our package and start enjoying your rug immediately! " We take 6 - 10 photos of each rug. This way, you can get an accurate look at the rug. We also take pictures of the backside (with a ruler) so that you can get an idea of the knot count, known as the KPSI or knots per square inch. " We acquire rugs, art and books that have little or no wear issues. If there are minor wear issues, we'll disclose them to you in our description and photos. " We are very descriptive about the items that we auction. For example, we will tell you about a rug, and then try to offer a history of that type of rug. Please take the time to look at our rugs, as well as our other items. Thank you. John Jureidini The Rug Life
The bidding for this auction takes place online only. The rugs may be viewed by appointment at our Richmond, Virginia gallery. All items are offered and sold through The Rug Life LLC (Hereinafter "TRL") shall be offered and sold on the terms and conditions below. By bidding at the auction, the Purchaser agrees to be bound by these terms and conditions. 1. All items are sold as-is. All sales are final. No returns. No exceptions. 2. A 25% Purchaser's premium will be added to the hammer price of each lot sold. 3. All items are sold as-is, where-is. We do our best to describe the items; our descriptions are in no way to be interpreted as a guarantee of any kind as to authenticity, age, condition and materials. 4. Shipping and insurance are the responsibility of the purchaser. Purchase is not contingent upon shipping costs. You must be aware of the shipping costs before you bid on an item. 5. No statements made at the sale, on the invoice or elsewhere shall be deemed as such a representation or warranty or be subject to liability. All weights and measurements are approximate. 6. All estimates or appraisals of value, as might be listed at the auction or elsewhere, are statements of opinion as to the range of the price a willing Purchaser might pay for the item at auction. The actual price paid at auction or subsequently, may vary substantially from the estimates. TRL shall not be liable for any such differential. 7. All appraisals obtained by TRL are estimates of insurance replacement value only and are a qualified opinion only. The actual price paid at auction or subsequently, may vary substantially from the appraisals. TRL shall not be liable for any such differential. 8. Some lots in the sale may be subject to a reserve. The reserve is a confidential minimum price. 9. All items are sold to the highest bidder. The auctioneer has the right to not accept any bid. Bidding may be reopened at the auctioneer's discretion. The auctioneer reserves the right to withdraw any item and to reoffer the item at another time. 10. All items purchased from TRL must be paid in full within 5 days after the auction date. If the invoice is not paid within 5 days after the auction, TRL may, at its own discretion, consider the sale void. 11. All items purchased from TRL must be removed within 14 days after the auction date. Rugs left after 14 days will incur a $10/day storage fee per item. 12. All items not being picked up at our Richmond, Virginia Gallery, can be shipped by companies from our suggested list of shippers. TRL will charge a $20.00 fee to package each item and deliver it to your choice of shipper. Purchaser must contact the shipping company directly after the auction to arrange shipment and payment for shipping. 13. TRL strives to deliver all rugs in a clean condition to the winning bidder. TRL washes many of these rugs at their facility. This is done after the auction, but before pickup. While TRL does a more than adequate job of cleaning these rugs, TRL will not be able to get any rug 100% clean, nor will it be able to remove every stain or blemish. TRL predominantly auctions pre-owned rugs, and there is to be an expected amount of wear, abrash and minor staining on these rugs. 14. Some of the rugs that are auctioned by TRL are made with antique vegetable dyes, or dyes that are not colorfast. Therefore, the colors in these rugs will bleed when they are washed. If you are concerned with this, please inform us before we wash your rug. TRL will not offer any refund for a rug due to bleeding of dyes that occurred after we washed your rug. 15. Shipping, insurance packaging and handling of purchased lots is at the risk and expense of the purchaser. TRL shall not, under any circumstances, be liable for the loss, theft or damage to item(s), including, but not limited to selection of shipper, the acts or omissions of any shipper or the acts or omissions occurring in packing for shipment. 16. Payments accepted; -Cash (in house only) - Credit cards (MasterCard, Visa, American Express & Discover) - Paypal, Wire Transfer, Money order and/or Certified check. 17. Any right of the purchaser under this agreement or under the law shall not be assignable and shall be enforceable only by the original purchaser and not by any subsequent owner or any person who shall subsequently acquire any interest. No purchaser shall be entitled to any remedy, relief or damages beyond return of the property, rescission of the sale and refund of the purchase price; and without limitation, no purchaser shall be entitled to damages of any kind. 18. All paid items left over 21 days will be considered abandoned, and no refunds will be issued by TRL. 19. If a Purchaser fails to pay for a purchased item, or otherwise does not comply with these Terms and Conditions, the Purchaser shall be in default. In addition to all remedies available in law, the Purchaser shall be liable for the entire Purchase price. Additionally, at the option of TRL, TRL may either cancel the sale and retain all payments made by Purchaser as well as retain any and all item(s) of Purchaser in our possession as security against payment of the sums in default, and/or we may re-offer the item(s) for sale, at auction or privately, without reserve. Purchaser shall be liable to TRL for the additional fees, commissions and costs on both sales (including handling, storage and court costs and attorney's fees) resulting from the cancellation or resale of the item(s) and in the event of resale, and any deficiency which may result. 20. Modification: No modification or amendment of these Terms and Conditions shall bind TRL unless contained in a writing signed by TRL, except as may be posted, published or verbally announced at time of sale. 21. Successors and Assigns: These Terms and Conditions shall be binding on all the heirs and assigns of the Purchasers and inure to the benefit of TRL's successors and assigns. 22. Jurisdiction, Venue, Choice of Law: Dispute resolution shall occur in Henrico County, VA, USA. The provisions of the Terms and Conditions will be construed, and disputes determined by application of Commonwealth of Virginia Law, without regard to conflicts of law. 23. Notice, Service of Process: Purchasers agree to accept all notices and service of process relating to dispute resolution at the address provided by Purchaser on any registration forms required to be executed as a condition of bidding in our auction. Once payment has been made, The Rug Life LLC (Hereinafter "TRL") will package and deliver your purchased item to one of the following shippers for a flat fee of $20.00. Purchaser must contact the shipping company directly after the auction to arrange shipment, and payment for shipping. We recommend; The UPS Store - 10286 Staples Mill Road, Glen Allen, VA 23060-3064 - (804) 755-4877 - store4812@theupsstore.com FEDEX - 8800 Staples Mill Road, Richmond, VA 23228 - (804) 261-2103
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 10.00 USD
95.01 - 500.00 25.00 USD
500.01 - 975.00 50.00 USD
975.01 - 5,000.00 100.00 USD
5,000.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 25% Buyer's Premium
Payment Terms
USD
1. Shipping and insurance are the responsibility of the purchaser. Purchase is not contingent upon shipping costs. You must be aware of the shipping costs before you bid on an item. 2. Shipping, insurance packaging and handling of purchased lots is at the risk and expense of the purchaser. TRL shall not, under any circumstances, be liable for the loss, theft or damage to item(s), including, but not limited to selection of shipper, the acts or omissions of any shipper or the acts or omissions occurring in packing for shipment. 3. All items not being picked up at our Richmond, Virginia Gallery, can be shipped by companies from our suggested list of shippers. TRL will charge a $20.00 fee to package each item and deliver it to your choice of shipper. Purchaser must contact the shipping company directly after the auction to arrange shipment and payment for shipping. 4. Once payment has been made, The Rug Life LLC (Hereinafter "TRL") will package and deliver your purchased item to one of the following shippers for a flat fee of $20.00. Purchaser must contact the shipping company directly after the auction to arrange shipment, and payment for shipping. We recommend; The UPS Store - 10286 Staples Mill Road, Glen Allen, VA 23060-3064 - (804) 755-4877 - store4812@theupsstore.com FEDEX - 8800 Staples Mill Road, Richmond, VA 23228 - (804) 261-2103
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.