Lot # : 252 - Michael Jordan Signature Series

By registering and bidding in an auction conducted by Instrades Inc, Bidders (whether present in person, by telephone, by agent, by written or telephone absentee bid instruction, or through a live internet connection) agree to these terms. Please read as this is the only terms and conditions on which all property is offered for sale. "Instrades" retains the right to bar any Bidder from participating in any auction and to exclude or reject any bid.   1) ACCEPTANCE OF TERMS  Bidding on any item, whether in person, by phone, by absentee bid or via a live internet auction indicates the Bidder?s agreement to be bound by these Terms and Conditions for Bidders. Any right of Bidder under this agreement shall not be assignable and shall only be enforceable by the original buyer. The rights and obligations of the parties shall be governed by the laws of the state of Delaware. All Bidders submit to the personal jurisdiction of the state and federal courts of Dover. By registering for our auction Instrades inc will charge your card on file automatically when we send you the invoice after the auction is done. A shipping cost will be added to the invoice and we will ship your items after the invoice is paid by the credit card on file with the HIDBID platform.If for some reason the shipping address cannot be found, or we need to confirm the address with " bidder/ buyer" we will charge the hammer price plus buyer premium only and charge the shipping cost after. If you fail to respond to our email confirmation of your order, you will still be liable to pay for the invoice with no refunds. If you fail to respond / claim any items you may have purchased from us within 14 days , we will consider the items to be abandoned.    2) Buyer?s Responsibility: Buyers are responsible for determining to their own satisfaction the true nature and condition of any lot prior to bidding. Though buyers are not legally required to inspect lots prior to purchase, failure to do so may constitute a waiver of complaint that an item was not delivered in a condition equal to the existent condition at the auction.   3) TERMS OF SALE :  Property Sold ?As Is?: Neither All Trades nor the seller/consigner provides any guarantee in relation to the nature of the property, or to any errors or omissions in the catalogue or supplemental material apart from the Limited Warranty stated below. Condition reports are offered as a courtesy and are typically published  AllTrades's catalogue or can be made available upon request. The absence of a condition report does not imply that an item is free from defects or restoration, nor does a reference to particular defects imply the absence of others.   4) BUYER?S PREMIUM  (Payment and Title Transfer: The buyer agrees to pay the sum of the hammer price plus Buyer?s Premium, plus any applicable sales tax. Successful bidders using HIDBID platform will be charged a Buyer?s Premium of: (may subject to change for each auction and it will be disclosed for bidder to see before bidding ") 18% on the first $500,000 of the hammer price, 15% on any amount between $500,001 ? $1,000,000, and 12% on any amount above $1,000,000 Credit card payments may be subject to an additional 3-3.5% acceptance fee. Buyers outside the United States will be charged to their credit card on file or must submit payment via wire transfer " if asked". Invoices will be charged automatically after invoices are sent out. Failure to pay for invoice may be subject to fines and storage fee. Client opening chargebacks for whatever reason will be subject to a penalty fee. The buyer shall not acquire title or take possession of the lot until all amounts (including the hammer price, premium and applicable taxes) total have been paid in full. Storage: Following the auction, uncollected lots shall be relocated to and stored in a business location. Instrades shall retain possession of all purchases until full payment has been received from the buyer. Lots remaining unpaid after the fifth business day following the sale are subject to a per-lot daily storage charge of $10.00. In addition to other remedies available by law, We reserves the right to impose upon delinquent buyers a separate 1% monthly charge (of the purchase price, or the maximum permitted by law) commencing on the sixth business day after the sale date. Shipping: Instrades can take care of shipment for you by paying UPS or Fedex to pack and ship safely to its destination including insurance of the amount of the hammer price.   5) ESTIMATES AND RESERVES  Presale estimates are intended to be guides and may or may not reflect the ultimate hammer price of a lot. All Trades reserve the right to change estimates on any lot up to time of sale. A reserve is a confidential minimum price agreed upon by the Seller. In the case of reserved lots, the Seller has authorized All Trades to bid on Seller?s behalf until the reserve price is reached.   6) WARRANTIES AND DISCLAIMERS All items are available for examination and inspection prior to sale. Prospective bidders are encouraged to examine all items in which they have an interest. Instrades endeavors to accurately describe the items being sold, but all property offered for sale is strictly as is, where is, and with all faults. ALL SALES ARE FINAL WITH NO REFUND, NO EXCHANGE, and NO CREDIT. It is the bidder?s responsibility to determine the exact condition/authenticity of each item. No statement in this catalogue or by representatives  shall be considered as a warranty or assumption of liability. Written and oral descriptions given by Instrades Auctions staff members are given as a courtesy to a client, are only an opinion, and should not be considered as a guarantee of age, composition, or authenticity. Regarding works of Art, Instrades does not make any express or implied warranty as to the authenticity, history or artist. No statement in this catalog or elsewhere, orally or in writing, shall be construed as an express or implied warranty, representation or assumption of liability as to authenticity. Any such warranty is waived. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear or imperfections. Unless noted all items have some amount of acceptable wear, scratches, nicks, missing stitches, etc. for their age. Measurements on paintings and pictures are image size. Estimates are of market value and are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer?s Premium. Instrades make no representation or warranty that the buyer of manuscript material, photographs, prints or works of art will acquire any copyright or reproduction rights. Instrades does not guarantee the working order of any clock, watch, electronic or mechanical device. Dimensions given in the catalog descriptions may be approximate.   AFTER THE AUCTION   7) BUYER?S RESPONSIBILITY  Upon the fall of the hammer, title to the offered lot shall pass to the buyer and the buyer immediately (a) assumes full risk and responsibility for the lot, including liability for loss or damage and (b) is liable for payment of the Purchase Price (as defined below) to Instrades?s. It is the buyer?s responsibility to ask specific questions on condition related concerns prior to the auction. Buyer is responsible for shipping service from us in case if you do not respond, do not pay for our shipping cost, you will still be charged for hammer price of the items and be charged our daily storage charges if the item is not picked up by (bidder) customer within 14 days. After 14 days items will be considered abandoned by the bidder, and he is still liable for the invoice payment.   8) PURCHASE PRICE AND PAYMENT  The ? Purchase Price? for each lot shall equal the hammer price, buyer?s premium, sales tax and, if applicable, all packing, handling, insurance and shipping costs. Buyers who are present at the auction must pay the full Purchase Price at the time of the sale. Buyers who bid by telephone, by internet, or who are absentee Bidders will be invoiced within 5 days after the close of the auction and must pay the full Purchase Price for each purchased lot within 5 days after the date of receiving the invoice. No property will be released by unless the Purchase Price has been paid in full and the payment has cleared. We are not responsible for shipping delays or anything at shipping's fault. Shipment will have insurance and bidder "buyer" can open a claim in case anything happens to the shipment. We will ship to the address on file. If the bidder "buyer" has a different shipping address and does not notify us within 5 hours after auction is over, we will ship to the address on file under HIDBID account. It is responsibility of the bidder "receiver" of the shipment to track its route and pick it up at post office if needed or any other matter such as import / export taxes etc...   9) SALES TAX  Buyers are required to pay any applicable state and local sales tax.16) SHIPPING InsTrades will take care of shipment of purchased items usually within few days / week after payment has been received. Shipment is generally made via UPS , USPS or Fed-Ex Ground. Instrades is in no way responsible for the acts or omissions of independent handlers, packers or shippers of purchased items or for any loss, damage or delay from the packing or shipping of any property.Property made of or containing certain plant or animal materials, such as coral, crocodile, ivory, whalebone, baleen, tortoiseshell, etc., may require a license or certificate before exportation from the United States and importation to another country. If a purchase contains these materials, the Buyer must check the government wildlife import requirements in the countries from which and to which the item is being shipped prior to bidding. Since the export and import licenses are independently issued by the countries of origin and destination, obtaining one does not guarantee that you can obtain the other. Purchasers are responsible for making all the arrangements for it.   10) SHIPPING CHARGES  Buyers are required to pay for all packing, shipping and insurance charges. Overseas duty charges are the responsibility of the successful Bidder. Be aware that for larger and/or valuable items, shipping charges can be substantial and it is the buyer?s responsibility to pay for it. We ship paid items about 5 days after paid and it is with tracking number and unless won bidder reach our auction with special shipment requirements such as signature confirmation, insurance we will ship regularly and we are not liable for any missing shipments or destination address error or mistakes that won bidder did not fix or address our auction house before we shipped their items. We do our best to provide the best service possible, but post office service is not something we have control of. International shipping will be the receiver's responsibility after leaving the USA SINCE Post office cannot do anything after the item leaves the USA, Please reach us in advance if your International shipping needs special attention to make sure you received it properly. 18) REMOVAL /STORAGE OF PROPERTY AND CANCELLATION It is the responsibility of the Buyer to remove purchased property. If purchased property has not been removed, or Alltrades has not received shipping instructions or payment within 14 days after the auction date, Alltrades may charge storage fee for the item of $5 per day and consider item abandoned if not picked up or shipping paid by winner bidder and customer will still be charged for hammer price of items.We will be retaining as liquidated damages any payments made by the buyer, and/or resell the property at auction or by any other commercially reasonable means, for the account and at the risk of the buyer, and in such event, buyer shall be liable for the payment of all deficiencies plus all of Alltrades costs, including but not limited to storage and costs of both sales. This right of cancellation is in addition to any and all other remedies available to Instrades. (d) Jurisdiction: The rights and obligations of the parties with respect to these conditions and the conduct of the auction shall be governed and interpreted by the laws of the State of Delaware. By bidding, whether in person or by agent, by absentee bid, telephone, internet or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the courts of the state of Delaware.