Collection and Jewelry

1. Zhen Tai International Auction Auctions is agent for the Vendor and is not responsible for any default by the Vendor or the Buyer. 2. Buyers Premium The Buyer is required to pay to Zhen Tai Auctions a Buyer's Premium based on a percentage of the hammer price. This Buyers Premium is 18% including GST. 3. Shipping Shipping is the responsibility of the purchaser in relation to all items and although Zhen Tai may assist the purchaser if requested to do so, the onus is on the purchaser to ensure that all items purchased are available for collection on delivery. Zhen Tai does not accept any liability for loss or damage in transit or on delivery. Please contact us if you would like information on insured shipping options. 4. Buyers Registration Form Every bidder shall create a bidding account and register for each auction, thereby agreeing to and accepting the terms and conditions via the online forms. 5. Highest Bidder Subject to any reserve price, the highest bidder shall be the Buyer. Any dispute will be settled by the Auctioneer at the auctioneer's discretion. The auctioneer regardless of the fall of the hammer, can use their discretion to reopen the bidding or withdraw the lot from sale. The decision of the Auctioneer shall be final. 6. Regulation of Bidding The Auctioneer has the right in his absolute discretion to refuse any bid and to advance and regulate the bidding as he decides and any bid acknowledged and relied upon by the Auctioneer, may not be withdrawn. Any absentee bids placed cannot be removed on the day of a Live Online Auction or on the day of a Timed Online Auction closing. For Timed Auctions, if a bid is placed within the last 5 minutes of the lot closing, this lot will be extended for a further 5 minutes, to fairly allow other bidders the opportunity to increase their bid. The time extension can continue for a maximum of two hours after which, the lot will close and the highest bidder at this time will win the item.