Terms & Conditions

  • The items in the lots of this catalog are sold in “AS IS” condition. Most of the items offered are quite old and should be inspected for defects and losses prior to bidding. J. Greenstein and Co., Inc. will try to describe these items for the consigner as accurately as possible. However, these descriptions as to age, origin, authorship, and condition are only the OPINIONS of our experts and are not binding. Prospective bidders are encouraged to exercise due diligence prior to bidding.
  • J. Greenstein & Co. retains the right to withdraw any lot prior to, or during the auction, for any reason until time of the auctioneer’s sale of that lot.
  • The final purchase price of the lot will be the auctioneer’s hammer price plus 22% until $100,000. From $100,001 upwards, the additional premium will be 12%. The purchaser must pay any New York sales tax of 8.375% unless a valid resale number is furnished or is on file with our office.
  • The auctioneer will acknowledge the highest bidder. His word is final. The auctioneer reserves the right not to accept any bid he deems unfit. He may advance the bidding up to the reserve (the minimum confidential amount that the consigner is willing to sell the object for). If a dispute arises, the auctioneer has the right to cancel the sale and reoffer the lot.
  • There will be a limited number of telephones available for phone bidding on a first come, first serve basis. If you would like to be contacted for a particular lot, please fill out a bidder registration form and fax it to us together with an order bid form filled out (omitting the bid amounts). In addition, please write on the order bid the lot numbers that you wish to be contacted for along with every possible way to contact you. We will try to call you 5 – 10 lots prior to your desired lot. However, bear in mind that we do not guarantee success and order bidding is a safer choice.
  • We will accept order bids up until Sunday night by fax or you may leave them at the auction site up until the time of the auction. We do not accept responsibility for errors and omissions in relation to order or phone bidding.
  • Our experts will be at the viewing. Please feel free to ask them questions and relate any concerns.
  • The auctioneer will determine bidding increments at the time of the execution of each lot. For lots over $1000, the minimum increment shall be no less than $100. For lots over $10,000, the minimum increment shall be no less than $500, and for lots over $50,000, the minimum increment will be no less than $2500.
  • Payment may be made with certified check, money order or with a credit card. Personal or private company checks will not be accepted unless you are known to us, or are willing to wait for the check to clear prior to lot delivery. Sales tax must be collected on all lots unless a valid resale or not-for-profit certificate is given at the time of payment.