Next Auction, Late March 2008
Consignments Close January 4, 2008

Consignment Terms
We have agreed to accept your merchandise on consignment, for sale at auction on the following terms. Your delivery of merchandise to us will be deemed to be an acceptance of these terms.


1. Fees. Our fee, based on the hammer price of the item and deducted therefrom, will be as follows:

a. 25% of the hammer price for items sold between $15.00 and $300.00
b. 17.5% of the hammer price for items sold over $300.00 and up to $1,000.00
c. 12% of the hammer price for items sold over $1,000.00 and up to $3,000.00
c. 10% of the hammer price for items sold over $3,000.00


2. Title. The consignor represents and warrants that he/she is the sole owner of the consigned property or a legally-authorized representative of the owner and that he/she has full legal right to sell or cause the consigned property to be sold; that the property is and will remain free of liens; and that the clear title and right to possess the property will pass to the buyer. The consignor indemnifies and holds Alexander Autographs, Inc. harmless from any claims, damages, and expenses arising out of any failure or breach of the consignor's representation and warranties, including but not limited to any and all legal fees arising from any dispute as to ownership. Alexander Autographs, Inc. and/or its owner(s) have the right to withhold and sell without reserve any property consigned for auction if the consignor has remained in a state of indebtedness to Alexander Autographs, Inc. and/or its owner(s) for any sum(s) totaling in excess of $1,000.00 (one thousand and 00/100 dollars), business –related or otherwise, for a period of time in excess of 120 days (one hundred and twenty days). The consignor shall be paid any remaining sum due him following the sale of the consigned items, less 20% interest per annum compounded daily on the original sum due, per the terms stated in Paragraph 4 of this contract.


3. Reserve. Items may be reserved at a reasonable level beneath which the item will not be sold (unless with the consent of the consignor). The reserve figure set by the consignor does not include seller's commission payable to Alexander Autographs, Inc. unless otherwise agreed prior to sale date. The minimum acceptable reserve is $200.00. Unreserved items may be sold for 50% of the low estimate as appearing in the auction catalog. All reserves are subject to approval by Alexander Autographs, Inc.

4. Payment of Net Sales Proceeds. Title to any and all lots shall not pass to the buyer(s) until payment in full has been made by the buyer(s) to Alexander Autographs. Proceeds payable to consignors for lots for which Alexander Autographs for which has received payment in full will be paid within 45 days after the final closing date of the sale. At its discretion, Alexander Autographs may withhold from consignors payment for any consigned lots for which Alexander Autographs has not itself been paid by the purchaser(s), and the consignor agrees to allow Alexander Autographs the period of 60 days following the final closing date of the sale in which to secure payment from the purchaser(s) for such lots. At its option, Alexander Autographs may pursue reasonable legal remedy and/or collection procedures to secure payment, but Alexander Autographs shall have the right, at its option, to either: a.) purchase the lots at the high bid, or b.) return the lots to the consignor without penalty following the 60 day period.

5. Return of Unsold Merchandise. Lots which are passed or withdrawn will be returned to consignors with no fees due, except with regard to fees stated above. However, Alexander Autographs, Inc. reserves the right to sell any item not paid for by the high bidder to an under-bidder at or above the reserve price (or minimum acceptable bid) for a period of forty-five days following the close of the sale. All passed and withdrawn lots shall be returned to consignors within 21days of the close of the auction unless other arrangements are made.

6. Catalog. Consignors will receive a copy of the lot names, numbers, reserves (if any) and descriptive text (if requested) prior to the printing of the catalog. Lots consigned and cataloged for sale may not be withdrawn for any reason without our consent. We may elect, at our sole option, to release such material to the consignor upon payment by the consignor of a sum equal to 35% of the low estimated selling price of the lot(s), plus any out-of-pocket expenses incurred by us. Items returned by purchasers for reason of lack of clear title or lack of authenticity may be returned to the consignor at any time, and the consignor agrees to return to Alexander Autographs the proceeds of the sale of that item, if payment to the consignor has already been made. Alexander Autographs, Inc. only shall make the determination as to item(s) authenticity or lack thereof. Lots submitted for sale but not catalogued may be retained by Alexander Autographs, Inc. for future sale unless otherwise instructed by the consignor.

7. Custody of Items; Commencement and Termination.
a. Alexander Autographs, Inc. shall be deemed to have accepted custody of the items on consignment upon actual physical receipt and signed acceptance of the goods either at our business premises, the consignor's premises or at our Post Office box, as the case may be. Goods may be received only by an authorized agent of Alexander Autographs, Inc. We will not be responsible for goods delivered uninsured, or left outside our premises, or delivered without a receipt signed by our authorized agent.

b. All goods must be accompanied by a detailed packing list clearly indicating all items included. Alexander Autographs, Inc. will not be responsible for goods shipped without a detailed packing list.

c. Our shipment of items, whether to a purchaser, or for return to the consignor, will be fully insured (if necessary). Our liability for items shipped by us will terminate as of our delivery of same to the carrier. Any claims for items which we have shipped must be made under the terms and conditions of the carriers (the U.S. Postal Service, United Parcel Service, courier, etc.).

d. Lots consigned and cataloged for sale may not be withdrawn for any reason without our consent. We may elect, at our sole option, to release such material to the consignor upon payment by the consignor of a sum equal to 35% of the low estimated selling price of the lot(s), plus any out-of-pocket expenses incurred by us.


8. For purposes of valuation of claims or loss for any reason, consigned goods shall be valued at the level of "reserve" less fifteen percent, or if there is no reserve, at 50% of the low estimated selling price, less fifteen percent.


9. Consignor acknowledges and agrees that the courts of the State of Connecticut shall have exclusive jurisdiction over any dispute(s) arising hereunder, and consignor agrees that any dispute arising hereunder shall be litigated exclusively in the courts of the State of Connecticut, and not elsewhere, regardless of any party's current or future residence or domicile.

Very truly yours,

ALEXANDER AUTOGRAPHS, INC.
BY: ___________________________ DATE:________________

CONSIGNOR:
BY: ___________________________ DATE:________________

Print Name__________________________

Address ____________________________

___________________________________

Phone ______________________________

Email _______________________________


Last Updated: January 2006