TERMS AND CONDITIONS -- Online Personal Property Auction. Please review this document carefully. This document creates certain legally binding contractual obligations. In order to register and receive access to the interactive online bidding platform, a Bidder must accept and acknowledge these Terms and Conditions. 1. Any bid placed shall constitute a legally binding and enforceable offer to purchase the subject personal property. All bids therefore constitute an irrevocable offer to purchase and shall remain valid and enforceable until the Seller declares the property "Sold" and the auction has concluded. 2. Auctioneer reserves the right to reject any bid placed. Auctioneer agrees to timely advise any bidder of a rejected bid. 3. The Winning Bidder covenants and agrees to purchase the subject personal property at the price of the winning bid, and upon the terms and conditions hereinafter provided. 4. Within 24 hours of the close of the auction event, the Winning Bidder for the property shall receive an e-mail from Richard A. Olson & Associates, Inc which will detail a date, a time, and a location for the retrieval of the subject personal property, subject to further specific arrangements of the parties, including options for shipping and electronic payments. 5. At said appointed date, time, and location, the Winning Bidder shall pay the full purchase price for the property by means of cash, Illinois check, or credit card. 6. Failure to appear at the appointed date, time, and location by the Winning Bidder, shall be considered an act of default by the Winning Bidder, and the Seller shall be entitled to pursue any and all legal and equitable remedies against the Winning Bidder which are available to Seller pursuant to the laws of the jurisdiction of the State of Illinois. In the event Seller and/or Auctioneer file suit against Winning Bidder, Seller and/or Auctioneer shall be entitled to recover all reasonable attorneys' fees, costs and expenses incurred. 7. By registering and bidding, the Buyer acknowledges that they have submitted themselves to the personal jurisdiction of the State of Illinois. Buyer acknowledges that any and all disputes shall be governed by Illinois Law, conflicts of law provisions notwithstanding. 8. Time shall be of the essence as to all of Buyer's obligations. 9. Auctioneer reserves the right to resell any personal property not paid in full within seven (7) days of the auction's closing date. 10. The Seller, Broker, Auctioneer and their representatives, attorneys, agents, and sub-agents, assume no liability for errors or omissions in this or any other property listing or advertising or promotional/publicity statements and material. The Seller, Broker, Auctioneer and their representatives, attorneys, agents and sub-agents, make no guarantee as to the accuracy of the information herein contained or in any other property listing or advertising or promotional/publicity statements and material. 11. The Property is sold in its "AS IS" condition with all faults and limitations and no warranties expressed or implied, and Seller and Auctioneer specifically disclaim any and all implied warranties, including the warranty of fitness for a particular purpose. All Bidders are encouraged to inspect the Property prior to placing any bid and the Winning Bidder, as Buyer, acknowledges that he/she/it has had a reasonable opportunity to inspect and examine the condition of the Property and make inquiries of knowledge persons. All information was derived from sources believed to be correct, but it is not guaranteed. Bidders shall rely entirely on their own information, judgment, and inspection of the Property and records. 12. By registering and bidding, the Buyer acknowledges they understand, accept and agree to these Terms and Conditions. Re: Real Estate Auctions, the Buyer acknowledges that they have had ample opportunity to read the Sample Real Estate Purchase Agreement and Addendum and the Terms and Conditions of the Auction Sale posted on the website and accept the Real Estate Purchase Agreement without any changes to the pre-printed text. 13. Seller and Auctioneer cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means, therefore they cannot guarantee continual, uninterrupted or error free service as the website could be interfered with by means out of their control. Bidder acknowledges that the online auction is conducted electronically and relies on hardware and software that may malfunction without warning. 14. The Registered Bidder acknowledges receipt and copy of these Terms and Conditions and having read and understood the provisions set forth therein, accepts same and agrees to be bound thereby. -----www.richardaolson.com-----

Online-Only Auction: Chandler & Price Letterpress

AUCTION ENDS: Saturday, February 27, 2021 at 12:00 PM.

Chandler & Price 10X15 Letterpress – with Equipment & Supplies

View Item or Register to Bid:
www.richardaolson.hibid.com

BIDDING NOW OPEN!!!

We will not split up the property. Click on the Lot at www.richardaolson.hibid.com to view over 100 photos of equipment and supplies that are included. Click here for a video of the letterpress in operation.

Item Description: Serial # NC1192. New Rollers. Eight Chases. Large Supply of Quoins. 10 Numbering Machines, new in box. Several Grippers and Guides. Very Large Supply of Lead and 3 Boxes of Wood Furniture. Additional Cabinet of 135 Pcs of Metal Furniture. 95 Cans of Oil Base & Rubber Base Ink (mainly Van Son Holland Inks). Lead Cutter. 18 Type Fonts, Complete. 12 Point to 140 Point. Drawer of Various Size Spacers. Pantone Coated and Uncoated Formula Guide Sets. 19″ Tabletop Paper Cutter. Includes all Tools, Solvents, Chemicals and Printing Related Items Included. Ibico Spiral Binding Machine w/supplies. Small Scale. 3-hole Punch. Antique Golding & Co Boston Linotype Slug Cutter in excellent condition. All Type is in Type Drawers & Type Cabinets on Casters. Six Additional Empty Type Drawers.

Type includes: 48pt Beton, 48pt Beton Open, 36pt Kennerly Italic, 36pt Typo Script, 36pt Typo, 96pt & 72pt Spacers, 30pt Brush, 24pt Sans Serif Bold, 12pt Stymie Light, 140pt Wood Type, Wood Type Nicked, 24pt Monoline Script, 24pt Helvetica Light, 24pt Helvetica, 24pt Park Avenue, 24pt Light, 72pt Franklin Gothic, 10pt News Gothic Caps, 12pt 20th Century Xtra Bold, 60pt Caps & Lowercase & Numbers, 48pt Grayda.

The Press has been kept in a temperature-controlled environment and runs on 110 Volts. Information from the tag on the Press: Serial # NC1192, Model 10X15, Voltage 208, Amperage 2.5, Cycles 60, Phase 3.

The Seller had the Press converted over to Single-Phase to operate in his home workshop. Includes an extra 1/2HP Single-phase Dayton motor. This item is available for PICK UP in Morris, IL or Buyer is responsible for coordinating shipping. This item is very heavy, and it will require special shipping accommodations. Websites have shown the press to weigh at least 1500 lbs. There is also several hundred pounds of supplies to consider. Please research this useful website on how to move a press safely: https://excelsiorpress.org.

Bidder has 7 days to remove the items from the property.

Call the owner, Royal Brandt, 815-322-6260 to schedule an inspection. He has a wealth of knowledge and would be happy to demonstrate the letterpress.

Richard A. Olson & Associates encourages in-person inspection of items by the bidder. Statements by RO & Assoc regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by RO & Associates.

Auction conducted by Richard A. Olson & Associates, Inc.
Auctioneers:
Dick Olson – IL License #440.000585
Erik Olson – IL License #441.001909
531 Bedford Rd, Morris, IL 60450
(815) 942-4266
www.richardaolson.com