Low Opening Cert A-Jadeite Auction

Auction Terms and Conditions BIDDING?By bidding at the auction, whether present in person or by agent, by absentee bid, telephone, internet or other means, the buyer agrees to be bound by these terms and conditions. 1. ALL SALES ARE FINAL. ALL PROPERTIES SOLD AS IS. NO RETURNS. NO EXCEPTIONS. 2. The Auction House reserves the right to reject a bid from any bidder. The highest bidder acknowledged by the Auctioneer shall be the purchaser. In the event of any dispute between bidders, the Auctioneer shall have sole and final discretion to determine the successful bidder or to reopen bidding. 3. Item must be paid off within 48 hrs after the completion of the auction. We accept Pay Pal, wire transfer ?credit cards (MC, Visa, AE and Discover), check, etc. All payments shall be made in US Dollars. or Please check with us if you have any question regarding payment or any other subject. 4. An 18% buyer's premium will be added to the hammer price of each lot for floor bidders and phone bidders when invoice is paid by cash, check or wire transfer, 21% for floor and phone bidders when paid by credit or debit card, a 23%(LiveAuctioneer) and 26%(Invaluable) buyer's premium will be added on items sold via Internet bidding. 5. We recommend Internet bidders register at least 48 hours prior to an auction to give enough time to process and approve their registration. a. Individual clients must provide photo identification (such as Driver's license, National ID Card, or passport) and if not shown on the ID document, proof of your current address. b. Corporate clients must present a Certificate of Incorporation or equivalent documents verifying identity. 6. Though all description and commentary are believed to be correct, neither the auctioneer or the consignor makes any guarantee of the authenticity of the merchandise. Any descriptions, condition reports, and any other statements are our opinions and are not to be relied upon as facts. No employees are authorized to make any warranties of any kind on behalf of LA Auction. Potential buyers must rely only on their own inspection of the merchandise. LA Auction offers free previews and high resolution photos for potential buyers to review and make their own conclusions about the piece. 7. All purchases (including buyer's premium) will be subject to a CA State Sales Tax of 7-9%?or state?state of the buyer's ?Sales Tax?if the purchaser has a valid Tax Exempt or Resale Certificate (an actual resale certificate must be presented or a copy held on file with LA Auction? 8. 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 9. All telephone and left bid buyers must provide a credit card to secure a bidding number. Once the bidder wins the item being auctioned, he/she will receive an invoice by email within 24-48 hours with instructions regarding payment and shipment of the item. LA Auction INC reserves the right to require up to 20% deposit from telephone and left bidders bidding on items .valued in excess of $5000. 10. Buyers can only collect lots after their balance due is paid in full. Should payments be made by check or draft, lots will only be released after bank clearance. PAYMENT MUST BE RECEIVED WITHIN 2DAYS OF THE AUCTION. If the buyer fails to pay within 2days, LA Auction INC reserves the right to cancel the sale and reoffer the items and will hold the bidder responsible for any loss or other fees or damages incurred. Title transfers only when LA Auction INC receives full and clear payment of the purchase price and any associated fees. 11. All properties purchased from LA Auction must be collected or shipping arrangements made within 10 days of the auction. LA Auction INC is not responsible for paid items left for over 30 days after the auction date (unless a prior agreement has been made). Items left past 30 days will incur a storage fee of $10.00 per day per item. Once storage fees have exceeded the actual purchase price of the item(s) LA Auction INC can exercise the right to re-auction. 12. All items are sold to the highest bidder acknowledged by the auctioneer. The auctioneer is the arbiter of any disputed bid. He may reopen bidding at his discretion and reject bids deemed inappropriate. The auctioneer reserves the right to withdraw any item and to reoffer the item at another time. Every effort is made by the auctioneer to execute all bids, including floor, absentee, telephone and internet bids. We are not responsible for any missed bids. LA Auction INC reserves the right to cancel any sale or bid before, during, and after the auction. 13. Some properties sold at auction may include materials from protected or endangered species subject to laws governing imports and exports to or from the United States or other countries. Obtaining of licensing for import or export of goods from local authorities is the sole responsibility of the buyer. Denial or delay of receiving an import/export license will not constitute grounds for cancellation or delay in payment for the total purchase price of lots. Buyer is responsible to ensure payment is processed and completed.