Name James L. Frakes Estate Indy 500 & Personal Property
Auctioneer Castles and Attics
Type Online-Only Auction
Date(s) 4/10/2022 - 4/18/2022
Monday April 18th at 5:00 pm
Preview Date/Time I'm Sorry there isn't a preview but please call 317-833-6367 for any details about specific lots.
Checkout Date/Time Wednesday April 20th 10:00 am to 6:00pm
Location Noblesville, IN 46062
Buyer Premium 15% Buyer's Premium
Description
Castles and Attics in conjunction with Kraft Auctions offers you "James L. Frakes Estate An avid Austin Healey Collector with Personal Property contents from his Morse Lake Home" This is an estate auction WITHOUT RESERVE! HIGHLIGHTS: A Large collection of AUSTIN HEALEY MEMORABILIA: Diecast cars, Vintage magazines, Emblems Badges, Revell Models, Donald Healy signatures, Unique Posters, Dinky Cars, Badges, Hats, Barbie Cars. INDY 500 MEMORABILIA: 30 Diecast Carousel Car Collection AJ Foyts, Jim Clark, Eddie Sachs, thimble drone, Clabber Girl Racer, Mario Andretti Pictures, Polished steel Racers, 1999 20' Mercruiser Hurricane Boat TOYS: Matchbox, Hot Wheels, Dinky, Cast Iron, Trains, Erector Sets, NFL AUTOGRAPHED BALLS & HELMETS: Ken Stabler, Jim Plunkett, Marino, Len Dawson, Franco Harris ANTIQUE and HOME FURNISHINGS, Arts & Crafts Style Lamps, Fenton, Iron, Crocks, Lots of Stereos & Speakers, Great Hidden Bar, Leather Like New Lift Chair, Oak Dinning Table & Chairs, Howard Miller Grandfather Clock, Mid Century Lane Cedar Chest, BenchCraft Rattan Patio Furniture, Iron Patio Furniture, GARAGE/SHOP: 7000LB Direct Car Lift, Several tool boxes, Ladders, Air Compressor, Portable Ryobi work station, and much more in this 450 lot auction. James L. Frakes Jim was passionate about anything car-related, especially Austin-Healeys. He collected Austin Healey cars and their memorabilia. Worked as an active member of the local and national club AHCA since 1985 and acquired his brother, Bill's 100-Six Healey. He served as President of the local club for many years and the national club's VP for nine years. He also attended 60 Indianapolis 500's He Lived on Morse Lake since 1979 and enjoyed boating with his family and friends. Jim was a small business owner of an engineering company that he started with his brother, Bill, in 1978, called Frakes Engineering. This will be a Soft Close, Timed Online Auction. Any bids placed in the last two minutes of time remaining will extend the total time. First lot Closing Monday April 18th at 5:00 pm EST Pickup will be in Noblesville IN 46062. The exact address will be on the winning invoices. Pickup dates are one day Wednesday, April 20th, 10am - 6 pm, If your time slot is filled and you need other arrangements, please reach out. Terms: There is a 15% buyer's premium. We will run your credit card on file immediately after the auction for lots won. We will charge Indiana Sales Tax for this auction. Castles & Attics DeWayne Butler -License #AU10500011 Phone 317-833-6367 CastlesandAttics.com
Auction Terms & Conditions General Terms:15% buyer's premium. Credit card on file will be run immediately after the auction. Items shipped from our location may require us to collect sales tax based on the state to which items are being shipped. Sales tax will be determined at time of shipping. Not responsible for accidents or items after sold. All items are sold as-is. All items must be removed by time and date specified on auction day listing. Castles and Attics. AS AGENT The lots listed in this catalogue will be offered by Castles and Attics as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale. BEFORE THE SALE Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place.. All lots are sold AS IS and without recourse and neither Castles and Attics nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Neither Castles and Attics. nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the catalogue, or in supplements to the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Castles and Attics. and its consignor(s) make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Castles and Attics. expressly reserves the right to reproduce any image of the lots sold in the catalogue. AT THE SALE Refusal of Admission: Castles and Attics has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid online or in person. Registration before Bidding A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references. BIDDING Auction lots will have a staggering ending time starting at 5pm or 6pm EST, depending on the season. All of our auctions have soft close times. First lot closes Soft Close on this auction at 5pm or 6pm EST. Stagger time will be 15 seconds to 1 minute depending on the total lot count. Bid early and often on the lots you are interested in. Any bids placed in the last two minutes of time remaining will extend the total time. If two bidders place high bids that are the same amount, the FIRST recorded bid becomes the winner. Always make sure you have the high bid before assuming you have purchased an item. C&A assumes no responsibility or liability in the bidding activities during the close of the auction. Once an item is closed, C&A cannot change the winning bidder status under any circumstances. Online Bids We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the Internet or software malfunctions related to the execution of online bids. Successful Bid The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to reoffer the lot in dispute. If any dispute arises after the sale. sale record shall be conclusive. Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility. AFTER THE SALE Buyer's Premium In addition to the hammer price, the buyer agrees to pay Castles and Attics. a buyer's premium and the applicable sales tax added to the final total. The buyer's premium for purchases made via online bidding is (15%) of the hammer. Payment The online buyers must pay the entire amount due (including the hammer price, buyer's premium, all applicable taxes and other charges) immediately at the conclusion of the sale. The credit card on file will be run immediately after the sale is concluded. If payment is declined, payment must be made the next day. Castles and Attics if accepted reserves the right to hold merchandise purchased by personal check until the check has cleared the bank . The purchaser agrees to pay Castles and Attics a handling charge of $50 for any check dishonored by the drawee. Collecting Purchases Once Castles and Attics has received all funds due to us, the buyer shall collect purchased lots on the posted pick-up days from the auction. Any items not picked up on those days, will automatically be forfeited. Packing and Shipping We ship winning items for buyers at the buyer's expense. We charge a minumum $5.00 and charge for labor & cost of packing material, plus actual shipping cost. Once an item is packaged these charges will be applied to your card on file. You will recieve an updated invoice plus a tracking number. Shipping is a service we provide we are not a packing service so it may take two weeks for us to get your items out to you. ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE. WE DO NOT REFUND BUYERS FOR ITEMS BECAUSE SHIPPING WAS TO EXPENSIVE. Non Payment If we do not receive payment in full, in good cleared funds, within 24 hours following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law: a.) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price b.) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law c.) to cancel the sale d.) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's checks, we have confirmed their authenticity. e.) to offset against any amount owed f.) to not allow any bids at any upcoming auction by or on behalf of the buyer g.) to take other action as we find necessary or appropriate Failure to Collect Purchases If property is not picked up within the pick-up day(s) following the sale, whether or not payment has been made, Castles and Attics reserves the right to charge $5 per lot per day or to deliver said property to a public warehouse for storage at the purchaser's expense. Castles and Atticsshall have no liability for any damage to property left on its premises for more than the stated pick-up days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. For property that is not picked up after thirty (30) calendar days, an additional administration fee of $75 will be charged. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered in excess of storage charges and any other fees being remitted to you. LIABILITY Condition Reports Castles and Attics is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, completeness, authorship, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. Items under $1,000 are collated upon request. Purchased Lots If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Castles and Attics shall not be liable for any amount in excess of that paid by the purchaser. Legal Ramifications The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Indiana. If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law. Discretion Any and all of the conditions may be waived or modified in the sole discretion of Castles and Attics --------------------------------------------- ------------------------------------------ Terms Of Use Seller User Terms Bidder User Terms --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
Currency USD
Buyer Premium 15% Buyer's Premium
Payment Terms
Currency USD Buyer Premium 15% Online Buyer's Premium Payment Terms Card will processed Immediately at conclusion of auction Payment Accepted Mastercard, Visa, Discover, American Express
Local pickup is available, by appointment only, schedule your pickup appointment here- https://app.squarespacescheduling.com/schedule.php?owner=22367908 Auction Pick-up times are Wednesday April 20th 10pm - 6pm If you need other arrangements Please reach out. 317-833-6367 As a courtesy we try to help as much as we can, but you are responsible for arranging any or all help you need to load, move or pack items. As always some packing supplies we can assist with. SHIPPING We ship winning items for buyers at the buyer's expense. We charge a minumum $5.00 fee to cover cost of packing material, plus you will be billed actual shipping cost. Castles and Attics will be shipping coins/jewelry to US bidders only. Coin and Jewelry customers, shipping invoices will be sent AFTER we receive payment for purchases. REMINDER- buyers new to our company must pay via wire transfer for purchases (or check), but can pay for shipping using a credit card. Shipping is a service we provide we are not a packing service so it may take two weeks for us to get your items out to you. ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE. WE DO NOT REFUND BUYERS FOR ITEMS BECAUSE SHIPPING WAS TO EXPENSIVE.