TERMS & CONDITIONS
1.
All items are sold 'As is and Where is', with all faults. There are no warranties
or representations of merchantability or fitness, nor of any other kind, express or
implied. All items are available for your examination prior to bidding. Your bidding
will signify that you have examined the items as fully as you desire, or that you
have chosen not to examine them. Written and oral descriptions are our opinions
and should be in no way construed as a guarantee of any kind as to age, condition,
materials or any other feature of items being sold. Our goal is to provide prospective
bidders with accurate and detailed information. We recommend prospective bidders
examine all items in which they have an interest. If you require absolute certainty in
all areas of authenticity; and the results of your evaluation leave uncertainty in your
mind; we recommend you do not bid on the item in question. We do not give refunds
and All Sales are Final. No statement written or oral made by the auctioneer and /
or its staff shall be deemed a warranty or assumption of liability by Midwest Auction
Galleries, Inc. or by any seller represented by Midwest Auction Galleries, Inc..
2.
If a lot is offered with a reserve, the reserve maybe printed following the description
and bidding will typically begin at that price. However, the Auctioneer may at his or
her discretion open the bidding at a lower amount.
3.
Once we declare that an item is 'Sold', we cannot reopen the bidding. It is the
bidder's responsibility to get our attention prior to the Auctioneer saying 'Sold'. We
reserve the right to reject any bids deemed inappropriate. If an item is withdrawn
from the auction it maybe offered again, but only at the auctioneer's discretion.
4.
Payment must be made by cash (In House Only), approved check, bank wire
transfer, or PayPal. We reserve the right to
require bank checks for large purchases. Buyers not known to us who wish to write a
check, must first provide a current letter of credit from their bank guaranteeing funds
for that account. Credit arrangements must be made by the Friday prior to the day
of the auction so bank statements can be verified. We reserve the right to not issue
a buyers' number or to withhold merchandise, if appropriate credit has not been
established.
5.
Payment for all purchases is expected at the time of purchase. Payment for
successful absentee, phone bids and Internet bids are required within five (5)
business days of the auction.
6.
We are pleased to offer absentee bidding for prospective bidders who cannot
attend our auctions. Absentee bids left with us are executed competitively and
confidentially. In the case of identical bids left with us, the bid received first will
prevail. Bids that are left on LiveAuctioneers are not executed until the item is
offered in the live auction and the order in which they are received is not a factor.
Guidelines for Bid Increments
$0 - $99
$10 Bid Increments
$100 - $500
$25 Bid Increments
$501 - $1,000
$50 Bid Increments
$1,001 - $2,000
$100 Bid Increments
$2,001 - $5,000
$250 Bid Increments
$5,001 - $10,000
$500 Bid Increments
$10,001 - $20,000
$1,000 Bid Increments
$20,001 - $50,000
$2,500 Bid Increments
$50,001 and Above
$5,000 Bid Increments
The deadline for absentee bids is at least twenty (20) lots before the item comes up
for auction. All reservations for phone bidding are held in the strictest confidence
and must be received one (1) day prior to auction day. In our experience, cellular
phones are not always dependable, and we recommend phone bidding reservations
be made on land lines. We make every effort to honor all absentee and phone bid
reservations, but we will not be liable for any losses incurred, as a result of failure
to execute absentee bids; failed phone reservations; or faulty Internet bidding.
Submitting absentee bids or phone bids does not imply an extension of credit.
Please see numbers 4 and 5 above.
7.
Purchaser agrees that packing and shipping is done at the purchaser's risk and that
the purchaser will pay in advance all packaging expenses, materials, carrier fees
and insurance charges, unless otherwise directed. At our discretion, items maybe
packed by an agent, such as a packaging store. Please allow two (2) weeks for
shipping after payment is received. Shipments of large items are the responsibility
of the purchaser. We are happy to provide names of carriers and shippers if a
purchaser so requests. Midwest Auction Galleries, Inc. will have no liability for any
loss or damage to shipped items.
8.
Note to internet and absentee bidders; we may not accept cut bids, (bids less than
the last interval) from the floor or from phone bidders and we may not accept them
from internet bidders. Thus, it is possible that a lot could go to another bidder for
less than your absentee bid. For example, if the bids are progressing in ten dollar
increments, $50, $60, $70 and your absentee falls at $75, we may not take the bid,
since it is less than the $10 interval. We always encourage bidders to bid by phone
or to leave absentee bids through our gallery to avoid such a situation.
9.
All purchases are subject to Michigan Sales Tax (6%) unless a current Michigan
Resale Certificate is on file with Midwest Auction Galleries, Inc.. Valid Resale tax
numbers from other states are accepted.
10.
Bidding on an item indicates your understanding and acceptance of these
Terms of
Sale . If a purchaser breaches any of these Terms of Sale, including the obligation to
pay for purchased items, Midwest Auction Galleries may seek all remedies under the
law including canceling the sale and reoffering the property without reserve.
11.
Bidding
The auctioneer accepts bids from those present in the sale-room, from telephone
bidders, or by absentee written bids left with Midwest Auction Galleries in advance
of the auction. The auctioneer may also execute bids on behalf of the seller up to
the amount of the reserve. The auctioneer will not specifically identify bids placed
on behalf of the seller. Under no circumstances will the auctioneer place any bid on
behalf of the seller at or above the reserve.
12.
A buyer's premium of 18% will be applied to the purchase price of all items sold,
unless otherwise noted. Live internet bidding available through LiveAuctioneers is
offered with an 21% buyer's premium.
13.
Purchased items not picked up from our auction facility within ten (10) business days
of the auction maybe assessed a storage fee of $10.00/Day per item purchased.
14.
We are normally closed on the next business day after our auction(s). So, please
make arrangements for item pickups, payments, appointments, consignments, etc.,
for any other day.
Auctioneer's Discretion
Keeping in mind that we run our sales on multiple online bidding platforms, have a large
in-house crowd as well as phone and absentee bids, there are occasions when more
than one bidder believes they are the winning bidder i.e. an internet site closes
the bidding too early while bidding is still going on.
The auctioneer has the right at his absolute and sole discretion to refuse any bid, to advance the bidding in