Gold & Diamond International Jewelry Auction

BIDDER CONTRACT This BIDDER CONTRACT entered into is between the Bidder whose name is signed below and the auctioneers. Bidder agrees that the terms listed below shall govem this auction and he/she agrees with them. Additional terms may be posted or announced from the auction block which are just as binding as the below terms. 1. Payment to Seller. Placing a bid is a legally binding obligation. If you are the successful Buyer, you agree to pay the amount of your bid plus all applicable taxes and charges in the time and manner designated by the Seller. Failure to make such payment shall be deemed a breach of this Agreement. 2. DEFAULT AUCTION TERMS Unless and except as expressly set forth in any Special Terms of Sale, Buyers agree to the following Default Auction Terms: Seller agrees that all goods and property sold "AS IS" (attempting to disclaim implied warranties) shall include a clear and conspicuous description of any known defect(s) of the product (for example: "broken," "missing parts," "for parts only"). Buyers are encouraged to bid only after they are completely satisfied as to origin, authenticity and condition. Questions regarding any item being sold should be directed to the auction staff at least 48 hours prior to the auction. Seller is allowing Buyer to participate in the auction through Internet bidding. Buyer acknowledges and understands that such services may or may not function correctly the day of the auction. Under no circumstances shall Buyer have any kind of claim against Seller or anyone else if the Internet service fails to work correctly before or during the live auction. Seller will not be responsible for any missed bids from any source. Internet Buyers, who desire to increase the chance that their bid is acknowledged during a live event, should use the pre-bidding feature. Due to the complexity of modern electronics and digital photography it is often impossible to get an exact and consistent reproduction of color. Therefore, the only flawless manner to assess the color saturation and detail of any graphic is by personally viewing the subject. Seller will not be responsible for any variation between the catalog image and the actual piece. Seller may postpone or cancel the auction, withdraw any property from the auction, or change any terms of the auction or particular conditions of sale prior to the auction. All announcements made on the day of the sale supersede all printed material. If Seller determines that any opening bid is not commensurate with the value of the article offered, Seller may reject that opening bid and withdraw the article from sale; and, if having acknowledged an opening bid, Seller decides that any advance thereafter is not of sufficient amount, Seller may reject the advance. Certain items in the sale are being offered subject to reserve, which is the confidential minimum price below which such lot will not be sold. Items may be offered with a "minimum bid," in which case, the Seller agrees to sell the item to the highest bidder who bids at or above the minimum bid price. Buyer's premium is set by the Seller and will be added to the high bid to determine the total purchase price paid by the Buyer. Once a Buyer has won the bid, ownership of the item immediately passes to the Buyer who thereupon (a) assumes full risk and responsibility therefore, and (b) shall pay the full purchase price therefore or such part as Seller may require. The item(s) becomes the full and sole responsibility of the Buyer at this point, and Buyer assumes all risk of loss and damage. The record of sale, kept by the auctioneer and clerk, will be taken as absolute and final in all disputes. Delivery of the purchased items is the responsibility of the Buyer unless shipping is offered by the Seller. Items sold must be picked up or shipping arranged within a reasonable amount of time or Buyer may be subject to removal and storage fees. The value of an item purchased at the auction is unrelated to the cost of shipping/packing. A Buyer who is a reseller of items should take this into consideration and be aware of shipping charges before bidding. Buyer must submit payment to Seller for all purchased items immediately following receipt of an invoice. Such payment is subject to the terms of the invoice. If, within a reasonable amount of time, Buyer gives notice in writing to LiveAuctioneers with documentation from a reputable authenticator or provides a police report that the lot so sold is a counterfeit, Seller will rescind the sale and refund the purchase price including all fees. At such time, LiveAuctioneers will refund any fees paid by the seller to LiveAuctioneers for the lot sold. These Default Auction Terms shall constitute a legally binding contract between Buyer and Seller, which contract shall be construed and enforced in accordance with the laws of the state in which the Seller is located, without giving effect to the conflicts of laws principles of such state. In the event of any conflict or inconsistency between these Default Auction Terms and any Special Terms of Sale, the Special Terms of Sale shall prevail and govern. 3. DISPUTE: If a dispute arises between two or more bidders, the Auctioneer reserves the right to reopen the bidding. The Auctioneers' designation of a Buyer shall be final. 4. SHIPPING: Delivery of the purchased items is the sole responsibility of the Buyer. The seller will help facilitate your shipping by contacting the local UPS store to ship your items. Buyer must call and make arrangements with them. Buyer decides if they want additional insurance and whether they would like tracking on their item(s). The value of an item purchased at the auction is unrelated to the cost of shipping/packing. A Buyer who is a reseller of items should take this into consideration and be aware of shipping charges before bidding. Buyer must submit payment to Seller for all purchased items within seven (7) days following receipt of an invoice. Such payment is subject to the terms of the invoice. Friends and Family will not be responsible for any damaged or missing items once the shipper has taken responsibility. 5. GDI will give an unconditional 14 day refund Policy. For any reason, a customer may return any item won for a 100% refund of the Hammer Price. The Hammer price is the Final Price before buyers premium, shipping or insurance. The hammer price is the price bid only. I HAVE READ THE BIDDER CONTRACT AND HEREBY AGREE TO THE ABOVE TERMS AND CONDITIONS OF AUCTION.

Local Taxes Apply