To be forthright and honest in our business, we present these policies for buying and selling with Alderfer Auction & Appraisal.

Policy for items sold in the Weekly Auction

All items at our weekly auction are sold “as is - where is” with no guarantees. A Buyer’s Premium of 13% of the “hammer price” for weekly auctions will be added to each purchase to reach the total sales price, with a 3% discount if paid with cash or acceptable check (for a net buyer's premium of 10%). All items are sold with no minimum or reserve. The total sales price is subject to applicable sales tax. Payment is made the day of the auction in cash, approved check, or accepted credit card (MasterCard, VISA, or Discover). The total sales price is subject to applicable sales tax.

Policy for items sold in the Quarterly Fine & Decorative Art Auction

In our weekly auctions, all items are sold “as is - where is” and without recourse. For our quarterly Fine & Decorative Arts Auctions, we suspend this policy for 10 business days and guarantee all items in the catalog/online to be as described in writing. If we state that a piece of furniture has “no restoration” then you may bid with confidence that this is the case. If we note “restoration, repair, damage, or defect” to a piece in the catalog, you should look it over and bid accordingly. We want you to know as much as possible about any piece you purchase.

If we make a mistake in our written description to your detriment, you, the original buyer from Alderfer Auction, may return the item to the Auction Center for a full refund. The item must be in the same condition it was when purchased. If the problem is with condition (for example, a significant crack we did not note), you must return it immediately before leaving the Auction Center. If the problem concerns authorship, age, or originality you must return it within 10 business days. This limit is necessary since we pay our consignors in 14 business days.

After the 10-day period, all items are considered to have been sold “as is - where is, without recourse,” as is our usual policy. Bidding at a Catalog Auction indicates that you have read and accepted these conditions.

A Buyer’s Premium of 20% of the "hammer price" shall be added to each purchase to reach the final sale price. A 3% discount applies if paid with cash or acceptable check (for a net buyer's premium of 17%). The total sales price is subject to applicable sales tax. Complete payment is required in cash, approved check, or accepted credit card (MasterCard, VISA, or Discover), PayPal or selected debit cards on the day of auction.