Sales and Purchase Information
The 2008 Prix de West Sale will open Saturday, June 14, at 5:00 p.m. at the National Cowboy & Western Heritage Museum. Each person purchasing a ticket for the sale will receive a ballot book containing one ballot for each work of art in the exhibition. Each ballot book will have a serial number registered only to the purchaser of that specific ballot book. Any patron with a registered ballot book also may participate in the Minimum-Bid Sale (complete minimum-bid rules below).
On Saturday, June 14, patrons will have until 5:30 p.m. to place a bid on any of the select works in Minimum-Bid Sale or submit a signed and numbered ballot by 6:30 p.m. for works of art in the traditional, Fixed-Price Sale.
Fixed-Price Sale
A ballot book purchaser should drop his or her signed and numbered ballot into the box by the works he wishes to purchase.
For a purchase to be valid, the ballot number must match the number of the work of art. The name on the ballot must match the name registered to the serial number of the ballot book. Only the person whose ballot book serial number matches the name posted can claim the piece.
The Prix de West galleries will be open for one hour following the awards banquet for additional sales. Payment must be completed the night of the sale by presenting 100 percent of the established price. All art will remain on display at the Museum through September 7, 2008.
A complete set of procedures and rules is available in each ballot book.
Minimum-Bid Procedures and Rules
Any Prix de West patron with a registered ballot book may participate in the Minimum-Bid Sale. The artwork will be grouped in a central location and designated by a special red ballot box near each piece.
Minimum-Bid ballots are provided in a designated envelope included in the buyer's packet. Each patron may bid on one or more of the works of art. Qualified bids are required to meet at least the reserved price posted on the artwork. Bids may be as high as the patron feels comfortable making and must be in whole dollar increments.
Patrons will have until 5:30 p.m. on Saturday, June 14 to place a bid in this portion of the Prix de West sale by submitting the required ballot. At 5:30 p.m., all Minimum-Bid boxes will be removed and results tabulated. Each winner will be certified by a representitive of the accounting firm Grant Thornton LLC before the buyer's number and winning bid are posted at the artwork no later than 6:00 p.m.
Winning bidders are required to purchase each work of art at the price he or she has bid. Minimum-Bid works of art will remain a part of the Prix de West exhibition and remain on display through September 7, 2008.
Only the person whose buyer's number matches the number posted can pay for the art.
All art purchases require payment in full the night of the sale
If a work of art in the Minimum-Bid section does not sell, it will be available for purchase during the regular Fixed-Price sale. A white box will be placed under each Minimum-Bid box. Buyers not participating in the bid process may submit a ballot from their ballot book any time prior to 6:30 p.m. However, buyer's names will only be drawn and posted from the white ballot boxes, if the piece does not sell during the Minimum-Bid Sale.