It is important that bidders make themselves aware of the following terms and conditions. Please do not bid if you are not prepared to comply fully with the terms and conditions set out for this auction.
Purchaser
1. The highest bidder is considered to be the purchaser. Any dispute arising as to the highest bidder will be determined by the Auctioneer who may re-offer any disputed lot/s in the next Auction. All lots are put up for sale subject to any reserve price that may be imposed by the seller. The seller shall be entitled to bid personally or through any other person/agent (who may be the auctioneer) and to withdraw any lot or lots either personally or through the auctioneer.
Auctioneer
2. The Auctioneer shall manage all bidding. The process is for bids to be advanced on the previous bid at the Auctioneer's discretion or as per the Bid Increment table listed below. The Auctioneer’s starting price shall be one bid over the second highest absentee bid received. Absentee bidders should bid early, as first bids at the same level will get priority.
3. The Auctioneer reserves the right to (a) refuse any bid, (b) bid on behalf of clients. While every care and attention is taken in executing bids and written instructions, the Auctioneer regrets that he/she cannot accept responsibility for any errors.
5. The Auctioneer shall not be liable to the Vendor for any default of the Purchaser or Vendor.
Disputes
6. In the event of any dispute, the Auctioneer shall have sole discretion to resolve the dispute and may re-offer the disputed lot.
Buyer’s Premium
7. An 16.5% buyer’s premium (including GST) with a minimum charge of $5 per lot will be added to the hammer price of each lot and is payable by ALL buyers.
Bidder Details
8. All bidders must complete a bidder’s registration form and supply sufficient information and references as required by Australian Specialty Auctions – this will require the presentation of sufficient proof of identity. The submission of absentee bids constitutes registration; though the Auctioneer reserves the right to further establish the credibility of bidders and require a security deposit or credit card details prior to acceptance of the bids. Clients unknown to Australian Specialty Auctions must register no later than 24 hours prior to the commencement of the sale.
Agent Bidding
9. Agents bidding on behalf of disclosed and undisclosed clients do so on their own responsibility both for payment and safe delivery of the lots. Agents will be responsible for any non-payment or shortfall of accounts.
Payment Terms
10. Title of purchased lots shall not pass until the purchase price and buyer’s expenses are paid in full with cleared funds in Australian Dollars. We accept Cash (*Limit of $10,000), EFTPOS, Electronic Funds Transfer, Bank Deposit, Credit Card (subject to surcharge of 2%) and PayPal (subject to surcharge 2%).
*As required under legislation, we have a cash limit of $10,000 per transaction
Electronic Funds Transfer and Bank Deposit Details:
Bank: Commonwealth Bank
Name: Australian Specialty Auctions Pty Ltd
BSB: 062 692
Account: 7484 8385
(Please email copy of transfer details to auctions@australianspecialty.com.au)
Purchaser Responsibilities
11. The buyer of each lot is to be responsible for it from the time of the “Final Hammer”. Payment is to be made in full with cleared funds before delivery or collection. The lot(s) are to be paid for by the buyer within 48hrs of receiving the invoice. A service charge of 2% per month will be added to all overdue accounts. Failure to pay in full within the specified time also entitles the Auctioneer to re-sell the lots, with any resulting deficiency being made good by the defaulter.
Delivery/Collection of Lots
12. Lots can be picked up from the Harrisdale Post Office - Yellowwood Ave, Harrisdale WA 6112. To arrange pick up, you will need to contact our admin team to arrange a time for collection. No lots will be delivered to buyers without payment in full. Lots purchased on behalf of absentee bidders will be fowarded, by the most practical method at the risk of the purchaser who shall bear all postage charges incurred. No lots will be delivered or collected during the Auction. Absentee bidders may vary these delivery methods, but at their own risk.
Returns
13. Any dispute regarding a lot must advise Australian Specialty Auctions on receipt of lots & discuss prior to any returns.
*** Absolutely NO returns will be accepted after 14 days of auction as Sellers have been paid out by this time. There will be absolutely NO Returns on any Lot/s that have been tampered with.
Note: We do not accept responsibility for items that do not come up to Buyer expectation on PCGS Graded Items. No refunds will be approved as a result of this.
Invoicing
Invoices will be sent to the registered email within 24 hours of the auction ending.