Auction Terms and Conditons

Before You Bid: Registration

You may browse the auction without registering, however in order to bid, you must first register online. A valid email address is also required for registration as you will receive bid confirmations and outbid notices via email.

Your Bid is a Contract

All bids placed with Psychedelic Art Exchange LLC, are legally binding. By registering and bidding in this auction you are entering into a legal contract. By bidding in this auction you expressly agree to all of the Auction Terms and Conditions. If you are the successful bidder on a lot, you will be considered the buyer of the lot.

If a winning bidder does not honor his or her bid with payment in full within 7 days of receipt of your invoice, then it is agreed that Psychedelic Art Exchange LLC, may at its sole discretion sell the given item(s) to an under bidder or re-offer the lot(s) in a future sale, and that the original bidder is responsible for any losses incurred and that the non paying winning bidder explicitly agrees to pay any and all reasonable legal fees incurred by Psychedelic Art Exchange LLC, in the collection of these losses.

Psychedelic Art Exchange LLC, reserves the right to refuse to honor any bid which in its sole discretion, is not submitted in “good faith”, or is not supported by satisfactory credit, collectibles references, or for any other, or no reason

How To Bid

There are two ways to submit bids in our sales…Straight bids and Maximum bids.

Straight Bids -

By hitting the “Submit Straight Bid” button, you will be instructed on what the next bid increment is. Once you have entered this bid, you will be shown a bid confirmation page that will have your lot and bid information that must be confirmed by pressing the “Bid Now” button to officially submit your bid.

Maximum Bids -

Many of our clients find it convenient to submit a maximum bid. If you press the “Submit Maximum Bid” button, you will be provided with all of the increment levels allowed for that lot. Simply choose your maximum bid and then you will be immediately shown a bid confirmation page that will show your maximum bid and your current bid that will be entered as the next highest increment for the lot. You must then click on the “Bid Now” button in order for your bid to be accepted.

**Please note that your maximum bid is kept confidential. The system will automatically submit additional bids on your behalf, only to the extent needed to keep you as the high bidder for the lot.

Bid Increments

Lot ValueBid Increment
  • 0-$200
  • $201-$500
  • $501-$1000
  • $1001-$2500
  • $2501-$5000
  • $5001-$15,000
  • $15,001 and up
  • $10.00
  • $25.00
  • $50.00
  • $100.00
  • $250.00
  • $500.00
  • $1,000.00

 

Buyers Premium

A 15% buyer’s premium will be added to the final hammer price of all lots.

How our auctions close and our Anti Sniping Policy

The ability to “snipe” will not be allowed in our auction. Each lot lists a closing time. If a bid is received within the last ten minutes before the scheduled closing of the lot, then bidding will be extended on that specific lot for an additional twenty minutes. This means there is no reason to wait until the end of the sale to enter your bids. A late bid on an item only extends the closing of that particular lot, NOT the entire auction.

Payment

All sales are strictly for cash in U.S. dollars. Invoices must be paid in full before shipment. Invoices are due within 7 days of receipt. Personal checks, cashiers checks, money orders, wire transfers, PayPal and Visa/Mastercard are accepted. Personal checks must clear. If payment is not received with 7 days, Psychedelic Art Exchange reserves the right to sell the lots to the underbidder and you will be banned from all future Psychedelic Art Exchange sales.

Shipping and Insurance

Psychedelic Art Exchange does not profit from postage and insurance fees. However, we set the industry standard for secure, archival shipping and our clients overwhelmingly agree that this level of quality and assurance is well worth the small additional costs we incur. Shipments inside the United States are shipped fully insured and will be billed separately for our cost for materials and postage. All items are shipped in custom containers and all items are shipped flat. In addition, each item is also housed in it’s own archival, Mylar D holder suitable for long term storage. Foreign orders will also be invoiced separately for the actual shipping and insurance fees.

Utah State Sales Tax

Utah State sales tax will be charged on all orders shipped within the state of Utah. The sales tax amount is based on the hammer price plus the buyers premium of the lots purchased. In no event will Psychedelic Art Exchange, LLC be liable for any sales tax, duties or customs for any items purchased or shipped outside the United States.

Certified Authentication and Grading

All posters in this auction are accompanied by Certified Authentication and Grading according to the Official Grading Standards of Psychedelic Art Exchange. For a complete description of these standards, please click here.

Guarantees

Psychedelic Art Exchange proudly stands behind every item in this sale. Each item you acquire from Psychedelic Art Exchange is covered by no less than three separate guarantees. They are as follows:

  1. 30 Day 100% Guarantee of Complete Satisfaction. At PAE, we are not happy unless you are. When you receive collectibles from us, we want you to carefully inspect each item in the comfort of your home and make sure that it meets your personal standards and expectations. We want you to be nothing less than totally thrilled with every item you acquire. If for any reason, you become dissatisfied with any piece you purchase, simply return it any time within 30 days of receipt. You’ll receive an immediate and full refund, including your return postage and insurance costs! No questions asked!
  2. Lifetime Guarantee of Authenticity. Every item we sell is guaranteed to be genuine in regards to what it’s represented to be. If at any time, an item sold by PAE is found not to be authentic, we guarantee to buy the item back from you for 100% of your purchase price, plus 5% simple interest for every year that you have owned the item. Please note that authenticity is different than the grade assigned to an item. Grading is an art, not a science and represents a subjective description which can and often does differ among experts. It’s also possible for the same expert to assign a different grade to the same item at different times. Please see our Guarantee of Grade.
  3. Guarantee of Grade. PAE has earned a well deserved reputation as the most conservative graders in world. If at any time in the future, you wish to sell material acquired by PAE, we guarantee to buy your material back at the same grade that the items were originally sold to you.

We welcome, and indeed encourage our clients to call PAE first whenever it comes time to sell as we have come to rely on our clients as our best source for fresh material. Because of our robust business, you can count on PAE to offer you the very highest prices available anywhere and will be determined by current market conditions and inventory needs at the time.

PAE is the only organization in the world to offer the above guarantees and serve as your assurance of receiving unsurpassed quality and value. In order for the above guarantees to remain in effect, all items must be returned undamaged, in the exact same condition, and in the exact same holders as they were originally sold as determined by the sole opinion of Psychedelic Art Exchange.

 

No Other Guarantees or Warranties

No other warranties other than those outlined above , are expressed or implied. Descriptions of lots, other than those of authenticity and grade are the subjective opinion of the auctioneer and can and do differ among experts.

Starting Bids, Reserves, Estimates, Consigners

Consigners to this auction may in some cases submit reserves on their lots in advance of the auction. This reserve may be above the starting bid of the lot. In addition, in some cases an estimate of a lot may be provided. This estimate is a subjective opinion of an item’s retail value and could differ substantially, either higher or lower, from the opinion of other experts and collectors. The auctioneer or its affiliates may consign items to be sold in the auction and may bid on those lots or any other lots. Psychedelic Art Exchange LLC, expressly reserves the right to modify any such bids at any time prior to the closing based upon data made known to the Psychedelic Art Exchange or its affiliates.

Release

In consideration of participation in this auction and placing a bid, Bidder expressly releases and holds harmless Psychedelic Art Exchange LLC, its officers, directors, employees and affiliates from any and all claims, losses or damage that could arise for any reason from participation in this sale. This includes, but is not limited to inability to deliver product, system failures, power outages, internet related problems, typographical errors or any other errors or reasons, human or otherwise, that could arise. The principals of Psychedelic Art Exchange have over 50 years of combined experience in the collectibles markets with sales totaling well over $100,000,000. Every effort will be made to satisfactorily deal with any mistakes, errors or problems that may arise.