Q. Who is Kompolt?
A. The selling party has retained Kompolt to manage this auction. Kompolt provides a comprehensive auction management service focused on creating successful high-value, high-profile promotional auctions for charities, nonprofit organizations and top brand companies.

Q. Is Bidder Pre-Qualification necessary to participate in this auction?
A. Yes. Please click here to begin the Bidder Pre-Qualification process.

Q. Why do eBay members need to Pre-Qualify?
A. To ensure a safe and fair auction. Pre-approved bidders will be given confidential access to the seller’s database, with listings and comprehensive information on the entire 45 RPM portion of the collection.

Q. Is bidding open internationally?
A. Yes, bidding is open internationally.

Q: Is my favorite song in the collection?
A: YES. Please stop asking.

Q: Are there any promotional or “DJ” copies in the collection?
A: Yes. There are many, and they’re often more valuable than retail copies.

Q: Is it just rock music?
A: No, every genre of music is represented: Rock, R&B, country, hip-hop, Broadway and Hollywood, children’s, Christmas, Jazz, classical, opera, comedy, blues, international and more.

Q: Isn’t all this music available on CD?
A: Quite the opposite. The Library of Congress estimates that no more than 17% of the music in this collection has been digitized. And since the major record labels have destroyed most of the analog masters, much of this valuable music is nearly impossible to find outside this collection. Additionally, the originals are the warm analog recordings with the liner notes and great cover art.

Q: Could a museum be self-sustaining? How would it make money?
A: E-mail the seller’s agent at jpaul@perigee.net for a museum concept and possible revenue streams.

Q: What percentage of the records are new?
A: The collection is divided into two sections: the archive and the duplicates. 80-90% of the records in the archive are new or mint condition. The duplicates range from new to rough, but many of them are new.

Q: Is there help available to reorganize the collection once it’s purchased?
A: The collection’s owner can make himself available for 6 months to a year (compensated) to assist in any way needed and to train a new curator if need be.

Q. What will it cost to ship the collection?
A. Winning bidder will pay all shipping costs which will depend upon final destination and is estimated between 3-5% of the selling price.

Q: Is local pick-up possible?
A: Absolutely, pick up in Pittsburgh, Pennsylvania is acceptable.

Q. I've won the auction! What happens next?
A. A representative of Kompolt will contact the winning bidder via email or phone to congratulate him or her as well as confirm the payment amount and payment instructions.

Q. Payment Terms
A. All funds must be in US dollars. 10% of the purchase price is due within five business days of auction close, and the balance within thirty days.

Q. What are the accepted methods of payment?
A. We accept certified check and bank wire transfer.

Q. When may I take possession of the collection?
A. Title and possession passes to the buyer upon full payment. Buyer must remove all property by August 10, 2008 or sign a new lease with the present landlord under terms to be negotiated between the buyer and landlord.

Q. Is there sales tax?
A. Residents of the commonwealth of Pennsylvania may be responsible for sales tax. Please consult your personal tax advisor.

Q. Is this purchase tax deductible?
A. If purchased and then donated, it could be seen as a fully tax-deductible event. Please consult your personal tax advisor for information on this issue.

Q. Do you have a question not covered above? Please contact us!
A. Email: MusicCollection@kompolt.com

Terms and Conditions – Please read carefully:

• Kompolt, the auction manager, is performing a management service on behalf of and at direction of the selling party and as such is not responsible for any errors or omissions or for any warranties or guarantees either explicit or implied herein.
• The purchaser/high bidder agrees to pay 10% of the purchase price within five business days of auction close, and the balance within thirty days.
• The purchaser/high bidder agrees to complete and sign a “Buyers Release” form at the close of auction acknowledging that it was the Buyer’s responsibility to preview any item(s) being offered to determine condition, authenticity, and content before placing any bid.
• Warranties: It is the buyer’s responsibility to preview any item(s) and determine condition, authenticity, and content. While descriptions are believed to be accurate, neither Kompolt nor Record-Rama Sound Archives’ employees, agents, or contractors provide any warranties or guarantees, express or implied, as to the genuineness, authenticity, or accuracy of description, condition, or defect, if any, of the item(s) auctioned and will not be held responsible for discrepancies or inaccuracies in item descriptions provided. Buyer may be required to sign a release acknowledging this provision as a condition of purchase of the item(s). Buyer’s sole recourse shall be the warranty, if any, provided by Seller, as stated in the item description.
• This collection is sold as is, whereis.
• Winning bidder will pay all packing and shipping costs from Pittsburgh, PA, USA.
• All bids are binding.
• All bids are in US dollars.
• Buyer assumes all risk of loss or damage on completion of sale.
• Buyer agrees to remove all property by August 10, 2008 or sign a new lease with the present landlord under terms to be negotiated between the buyer and landlord.
• This auction does not include any items or services that are not detailed above.
• Please note that shill bidding is neither allowed nor tolerated. This practice is illegal and carries legal consequences in many areas. Per eBay’s help pages, “shill bidding is the deliberate placing of bids to artificially raise the price of an item and is not allowed.” For more information about shill bidding, please click here.
• Please note that due to the nature of high profile auctions, we have occasionally experienced attempted fraud through the use of second chance offers. If you are contacted by anyone other than a Kompolt representative about this item or items similar to this, please contact us immediately via spoof@kompolt.com. You may also report these emails to eBay Trust & Safety by forwarding the entire email (including message headers) to: spoof@ebay.com.
• Kompolt reserves the right to block a bidder for any reason including but not limited to, feedback, non-paying bidder, bid retractions, and recent bid history.
• Your participation in this auction constitutes acceptance of these terms and conditions.
  

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