Payment Terms |
Please Note: Invoices totaling less than $5,000, registered credit card is automatically used for payment. Any bidder wishing to use a different credit card will have to call it in manually to 314-600-8515. Thank you.
Internet Auction Payments:
a)
I) All sales are strictly for cash in United States dollars (including U.S. currency, bank wire transfers, personal or business checks total invoice priced under $5,000, and credit card payments; all subject to reporting requirements).
All are subject to clearing and funds being received In Auctioneer’s account before delivery of the
purchases. Auctioneer reserves the right to determine if a check constitutes “good funds” when drawn
on a U.S. bank for ten days, and thirty days when drawn on an international bank. Credit Card (Visa or
Master Card, and Discovery only) may be accepted up to $5,000 from non-dealers at the sole discretion
of the Auctioneer, subject to the following limitations:
•
sales are only to the cardholder
purchases are shipped to the cardholder’s registered and verified address
Auctioneer may pre-approve the cardholder’s credit line, and must transact immediately upon invoice
presentation
rights of return are governed by these Terms and Conditions, which supersede those conditions
promulgated by the card issuer
floor Bidders must present their card.
3.1.1
Payment shall be made by cash or by wire transfer for invoices totaling $5,000 or higher (no split tender). Invoices totaling less than $5,000 may be paid via cash, wire transfer, personal or business check, or by credit card (Mastercard, Visa, Discover)
3.2.
Payment is due upon closing of the Auction session, or upon presentment of an invoice.
Auctioneer reserves the right to void an invoice and cancel all bids by bidder if payment in full
is not received within 2 business days after the close of the Auction. In cases of nonpayment,
Auctioneer’s election to void a sale does not relieve the Bidder from their obligation to pay
Auctioneer its fees (seller’s and Buyer’s premium) on the lot and any other damages pertaining
to the lot.
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