High Noon Auction FAQ:
A Roundup of Things to Know
There's plenty to know about the High Noon Auction. Please also see our Auction Definitions page to learn more about auctions in general.
Consigning to the High Noon auction:
Q: When is the deadline for Consigning?
A: High Noon generally accepts consignments in August and September or until the auction is filled, whichever comes first.
Q: How do I get my pieces to you?
A: After we have agreed on the terms of sale, you can ship the pieces(s) by insured mail, UPS or Fed Ex. In some cases we are able to pick up, often for no extra cost.
Q: Are you insured?
A: We are insured upon receipt of the material by an “A” rated insurance company.
Q: Repairs?
A: Any and all repairs will be pre-approved by consignor, paid for by High Noon, and subtracted from the Final Payment.
Q: What is the selling commission?
A: It generally ranges from 12.5 to 20%, depending on the value of the piece, the number of pieces and reserves (if any). The commission is subtracted from the “Hammer” price, or the price it is “sold” at the auction. The Buyer’s Premium (purchaser’s charge over and above the hammer price) belongs to the Auction Company.
Q: What if it doesn’t sell?
A: High Noon reserves the right to sell any item at the reserve price up to 60 days after the auction date. Cost for return (if any) to be paid by consignor.
Q: What about reserves?
A: High Noon tries to keep reserves low (none or up to 70% of the low estimate). If the piece does not reach the reserved price, the consignor will be charged a buy-in fee, 10% of the hammer price with a minimum of $200. Reserves cannot be changed (unless lowered) after catalog has been printed.
Q: When do I get paid?
A: Approximately 30 days after the auction all consummated sales will be accounted for and paid to consignors. If the sale of any of your lots has not been consummated within this period, a second final payment will be made for the remaining lots once they have all been consummated. If High Noon is not able to collect for a purchase, the lot becomes a no sale.
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