Terms and Conditions

Auction Dates

Auction start and end dates are posted on the Auction Calendar as well as in our printed catalogs. Our current auction ends Wednesday, February 15.

• The Extended Bidding Period Starts at 6 PM ET on the final day of the auction.
• The Thirty Minute Rule goes into effect 1 hour later at 7 PM ET on the final day of the auction.

Hours

General office hours are 9am–5pm (Eastern), Monday–Friday. Hours on the last night of the auction will be dictated by the Thirty Minute Rule (see below). Any item in the current auction can be viewed in our offices during normal business hours. Please call to set up an appointment.

The Thirty Minute Rule

The final day of bidding for all lots in the current Auction is Wednesday, February 15th. Any bidder may bid on any lot prior to 6 PM ET. At that time, the Extended Bidding Period goes into effect. IF YOU HAVE NOT BID ON A LOT BEFORE 6 PM ET, YOU MAY NOT BID ON THAT LOT AFTER 6 PM ET (the best way to succeed in the auction is to place your bids prior to 6 PM ET). Only those bidders who have placed bids on a lot prior to 6 PM ET will be allowed to bid on that lot after 6 PM ET. Hence, if you are the only bidder on a lot at 6 PM ET on the night the auction closes, that lot is awarded to you. All lots WITHOUT an opening bid at 6 PM ET will remain OPEN to ALL bidders until 7 PM ET or until they receive their first bid. These lots will close immediately upon receipt of a bid or at 7 PM ET, whichever comes first. For all lots that are active after 6 PM ET, bidding will remain open to all eligible bidders for that lot. At 7 PM ET, the 30 Minute Rule starts and EACH LOT will close individually after that lot goes 30 minutes with no new bids being placed on THAT LOT. The 30 minute rule is applied on a PER LOT BASIS; each lot in the auction closes individually based on bidding activity after 7 PM ET. On a PER LOT BASIS, the 30 minute timer will reset each time a new bid is placed after 7 PM ET. If you are the high bidder, raising your maximum (ceiling) bid will NOT reset the 30 minute timer.
PLEASE NOTE: RR Auction, at its sole discretion, reserves the right to extend the bidding, or reset the 30 minute timer, on any item at any time.

Registration

Your bidder number will remain the same, but you must register to bid in each auction, even if you may have already participated in the past. We confirm your name, address, phone number, and email. We also ask you for the method of payment that you intend to use if you are successful. Please provide any address or payment changes, or any special shipping requests, before the close of the auction.

New Bidders

Bidders without a bidder number must apply for one before they can participate in the auction. Fill out a New Bidder Application form, or request a form by mail or fax. Your bidder number can only be issued after all information has been verified.

Minimum Bids

Every item has a minimum bid, abbreviated (MB). No bids will ever be accepted below these amounts.

Bid Increments

Bids on an item must raise the current high bid by at least 10%.

Checking Bids

You can open, monitor, and/or raise bids as often as you wish. However, all bidding is governed by the 30 Minute Rule and extended bidding. Extended bidding always goes into affect at 6 PM ET on the last day of the auction. At 7 PM ET, the extended bidding ends and the 30 Minute Rule goes into effect

Reserves

Some lots may have a confidential reserve, below which the lot will not be sold.

Maximum Bids

To maximize your chance of winning, please put maximum bids on items you really want. Suppose an item you want currently has a high bid of $100. Your bid would then be $110 (10% over $100), and you could also place a maximum bid of $242 for that item. We will enter your bid at $110 and we will bid for you until the lot reaches your maximum bid amount. If competitive bids only reach $148 you would win it for 10% over the highest bid ($163). To prevent tie bids, all maximum bids should also be made in proper increments. Maximum bids are strictly confidential. Placing arbitrary, non-incremental bids on lots with prior maximum bids on them may force these lots to be sold for less than 10 percent above the underbidder’s bid.

Call Backs

RRAuction offers a callback service on auction night for any bidder who has the high bid on an item whose current bid is over $1,000 and who has placed a maximum bid. At your request, we will call you if your maximum bid is topped. We will need your correct telephone number(s) where you can be reached until the auction closes. Callbacks begin after 6 PM ET on auction night. You must request this service; it is not automatic. We make every effort to ensure that bidders who request a callback are contacted if outbid; however, we do not guarantee this service.

Withdrawing Bids

You are obligated to honor any bid(s) you make, and no bids may be withdrawn at any time. There are no exceptions; failure to comply will terminate all future bidding.

Placing Bids

By placing a bid or otherwise participating in the auction, you are accepting these Terms and Conditions. You are agreeing to the alternative dispute of arbitration. Arbitration replaces the right to go to court, including the right to a jury trial. If any dispute arises regarding payment, authenticity, grading, description, provenance, or any other matter pertaining to the Auction, the Bidder or a participant in the Auction and/or R&R agree that the dispute shall go to binding arbitration in accordance with the commercial rules of the American Arbitration Association. A.A.A. Arbitration shall be conducted under the provisions of the Federal Arbitration Act with locale in New Hampshire. Any claim made by a bidder has to presented within one (1) year or it is barred. The prevailing party may be awarded reasonable attorney’s fees and costs. An award granted in arbitration is enforceable in any court of competent jurisdiction.

Winner Notification

We will notify all winners by phone, fax, or email by 5 pm on the Friday following the auction. We will resume answering telephone calls starting at 9:00 am on the Monday following the auction. Auction results are available online in PDF format.

Guarantees

Each signed item is unconditionally guaranteed genuine without time limit. If a lot is declared to be not authentic, we may ask the purchaser to supply the written opinion of one competent authority acceptable to us. We will refund the purchase price after documentation has been submitted. The buyer’s only remedy under this guarantee is the cancellation of the sale and the refund of the purchase price. This guarantee does not apply to non-autographed items.

Returns

Every item is cataloged with the intent of accuracy. Improperly described items must be returned within three days of receipt. Please call us before returning any items. A merchandise credit will be issued in the case of a subjective, unresolvable dispute over condition.

Returns of non-autographed items must be made within thirty days of the closing date of this auction (no exceptions). Returns after that date will not be accepted for any reason.

Payment Options

Credit cards and PayPal are only accepted up to $5,000 without prior arrangements; please contact or email the Finance Department. Make checks or money orders payable to R & R Auction Company, LLC. Payment for non-credit card orders must be sent upon winning notification. Personal and business checks are also accepted and orders paid via this method on winnings over $500 will ship 7 business days after receipt. Returned checks will be subject to a $25 fee. Orders paid by bank check or money order are shipped upon receipt of payment. Credit card orders will be shipped first.

PayPal payments can be sent to: financedepartment@rrauction.com

Wire transfers should use the following:

Account number: 003880291609
Company name: R & R Auction Company, LLC
Routing/Transit (ABA) Number: 0260-0959-3
SWIFT Address: BOFAUS3N

Terms of Sale

A 20% buyer’s premium will be added to each winning bid, with a 2% discount for those paying by cash, check, or money order (we must know how you will pay prior to bidding!). You are obligated to honor any bid(s) you make and you authorize us to charge your credit card for any unpaid winnings. Invoices not paid within 30 days of the auction may incur a 1.5% per month late fee. In the event you fail to pay all amounts due, R&R reserves the right to resell the merchandise, and will hold you responsible for the costs of resale, including a 10% sellers commission, and also any difference between the resale prices and the price of the your successful bid.

Consignors

Consignors are not allowed to bid on or withdraw their own lots. We will contact all consignors via mail, fax, or email with their tentative final results the day after the auction ends. R&R may extend advances to certain consignors upon request.

Seller

R&R reserves the right to: (a) remove any item, (b) reject any bid, and (c) ban anyone from participating in this auction for any reason. We reserve the right to the final decision in all matters regarding this auction.

Postponement

R&R reserves the right to postpone the auction for a reasonable period of time as the result of any significant event (i.e. an Act of God, etc). In this unlikely event, bidders and consignors will be notified of the new closing date.

Condition

Each item in the catalog is described with a statement indicating its overall condition. The condition of the items we offer generally falls into the following range: good—very good—fine—very fine—excellent. Treated as a scale of 1 to 5, good describes an item that has as many as several flaws, which are described in detail; excellent describes an item whose condition and appearance may be regarded as flawless and superior in every respect. Most of the items we offer are in fine condition, meaning that there are no serious flaws. While we make every effort to describe flaws that materially affect appearance and value, we generally do not specify minor or routine flaws, such as (but not limited to) pencil or secretarial notations, mailing folds to letters, normal aging to paper, or tiny bends or creases from normal handling. We encourage prospective bidders to examine the image(s) of each item closely and to contact us with specific inquiries regarding condition.

Group Lots

In descriptions of group lots of two or more items, every effort is made to mention any obvious flaws. Bidders should note that group lot condition is given as a general statement or as a range, and that specific flaws to single items within the group may be omitted in the interest of catalog space. Questions about group lots, as well as about specific items within the group, should be addressed before the close of the auction to Tricia Eaton (tricia@rrauction.com).

Matted & Framed

Many of the items offered for sale in each of our monthly auctions are described as matted and framed. We do not remove items from frames; the given dimensions of items housed in a frame and/or mat indicate the sight size only. Photographs used with matted and framed items are not subject to description, condition statements, nor are they considered a reason for return. We do not remove the item from the frame. Condition refers only to the item and not the mat or frame. Our terms of return apply only to the item and not the matting and framing. Any item that is removed from the frame cannot be returned. Returns are only accepted when there is an authenticity question or the description of the item is incorrect.

Shipping Charges & Oversized Items

• Orders are shipped Federal Express
• We do not send orders to P.O. Boxes (a street address is required)
• Insurance is added to each invoice (55 cents per $100 value, in the US)
• Postage & handling are added to each invoice; within the United States, rates are:

Order Total	Shipping Cost
Up to $100	$10.00
$101-$500	$15.00
$501-$1,000	$20.00
$1,001-$3,000	$35.00
$3,000-$10,000	$45.00
Over $10,000	$100.00

• Please note that additional shipping charges apply to items designated as OVERSIZED. The actual cost will depend upon the size and shipping destination. If you would like to know the approximate cost to ship to you, please contact shipping@rrauction.com - before you bid.
• We will also advise on foreign postage charges.