Lot # : 7 - Koike IK-72T-T Portable Rail Guided Oxy-Fuel Torch

Terms And Conditions Moon Auction Group 3399 Main Street Unit 3 Stamping Ground, KY 40379 (502) 735-5206 Info@Moonauctiongroup.com Please read all the terms and conditions prior to bidding. Bidding will open on Friday, August 16th, 2024, at 2:00PM EST. Bidding will begin to close on Wednesday, September 4th, 2024, at 6PM EST. Preview will be held by appointment only. Please contact Moon Auction Group to schedule an appointment. Moon Auction Group can send additional pictures and videos of equipment upon request. Please contact Moon Auction Group at 502-735-5206 or email us at info@moonauctiongroup.com to schedule an appointment. Moon Auction Group has cataloged the items in this auction to the best of our abilities. We have used information present on the items, consignor supplied information, and our own research with naming and describing lots. We make no warranty as to the accuracy of these names and descriptions. We make no warranty to the condition of any items other than those we explicitly describe as “NEW”. By registering, bidders agree that Moon Auction Group will not be held liable for any damages resulting from the use of the items presented in this auction. Moon Auction Group advises all bidders that all items should be inspected for functionality. PAYMENT: Payment must be completed by Wednesday, September 11th, 2024, at 3:00PM EST. Any invoice over the amount of $1,000 will require payment made by cash, wire transfer or card. Please note there will be no card transactions unless processed in person. Payment may be made by cash or in person using card (Visa, MasterCard, American Express, and Discover). Winning bidders who use card to pay will pay an added 3.5% transaction fee. All items must be paid in full before removal. If the invoice has not been paid by Wednesday, September 11th, 2024, at 3:00PM, your card will automatically be charged the full invoice amount plus the 3.5% transaction fee as well as a convenience fee. The card used at registration of the auction will be charged. PICKUP: Pickup will be held by appointment only from 8AM-3PM EST on the following dates Monday, September 9th, 2024, Tuesday, September 10th, 2024, and Wednesday September 11th, 2024, in Lexington, KY. Address will be disclosed to winning bidders. you cannot pick up on any of these dates, by these times, please contact Moon Auction Group at 502-735-5206 ASAP. Winning bidders will receive an invoice following the auction via the email you registered with on HiBid. You must bring photo ID to pick up. Payment must be completed before item removal. Unless prior agreements have been made in writing between buyer and Moon Auction Group: Any item not removed by Wednesday, September 11th, 2024, at 3:00 PM will be considered forfeited, ownership will revert to Moon Auction Group and buyer's card will be charged the full invoice amount along with a $25 late fee per item and any costs associated with the disposal of the items. Shipping is determined by lot. Please check each individual lot to see which lots are eligible for shipping. PICKUP/LOAD OUT: Moon Auction Group, LLC and Harbor Steel will provide staff dependent on availability and SOME equipment to ASSIST YOU in collecting and/or loading your auction items. Staff are intended to ASSIST YOU ONLY. It is the purchaser's ultimate responsibility to load out their items. Please plan accordingly. Please be KIND to the staff, as they are provided as a COURTESY to the purchaser. All cost and responsibility for auction item removal shall be borne by the purchaser. The Auctioneers reserve the right to require proof of adequate insurance coverage from any purchaser of lots requiring dismantling, rigging or hot cutting. Purchaser agrees to hold harmless both the Consignor and Auctioneers against any damage caused by the act of Purchaser and/or his agents in connection with the dismantling or removal of any lot. Please contact us if you have any concerns regarding loading of items. PREVIEW: Preview will be held by appointment only. Moon Auction Group can send additional pictures and videos of equipment upon request. Please contact Moon Auction Group at 502-735-5206 or email us at info@moonauctiongroup.com to schedule an appointment. SHIPPING: Shipping is determined by lot. Please check each individual lot to see which lots are eligible for shipping. All items are sold “AS IS, WHERE IS”. Each buyer is responsible for conducting his or her own inspections related to the item. All sales are final. BUYER’S PREMIUM: A 10% Buyers Premium fee will be added to the winning bid of each item to determine the final selling price. ITEM REMOVAL: Payment must be completed before item removal. Buyers must provide their own labor, tools, packing material, and boxes, if needed for removal of items. Some items are very heavy and large in size and will require forklift assistance. Please be aware of this while bidding on them. Any item not removed by Wednesday, September 11th, 2024, at 3:00 PM will be considered forfeited, ownership will revert to Moon Auction Group and buyer's card will be charged full invoice amount along with a $25 late fee per item and any costs associated with the disposal of the items. Unless prior agreements have been made in writing between buyer and Moon Auction Group. MOON AUCTION GROUP IS NOT RESPONSIBLE FOR DAMAGES OR ACCIDENTS DURING THE PICKUP OF ITEMS. TAX: Kentucky sales tax is 6%. To be in accordance with the state laws of Kentucky, all invoices will be charged an additional 6% sales tax. If you have a certified resale certification, you must fill out a legal tax exemption form with Moon Auction Group, and you will be exempt from sales tax. Please contact Moon Auction Group to fill out the legal tax form before final payment is made. Any items bought for personal use will not be eligible for tax exemption. REGISTRATION: Registration is free, and you must register with your full name, email address, telephone number, and address. When you register for your account, you are assigned a unique username and password. You are responsible for bids made on your account. An online bid is a legally binding contract. If you feel your account has been compromised, it is your responsibility to contact Moon Auction Group immediately to suspend your account. Final bids made from your account are not subject to cancellation. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding. BIDDING: Do NOT bid if you do not intend to pay. Bidding will start at $5.00 USD. Fraudulent Bidding: Any bidding found to be fraudulent or negligent will result in legal action. Closing of Bidding: Bidding will begin to close on Wednesday, September 4th, 2024, at 6:00PM EST. The closing of the items will be staggered approximately 30 seconds between lots. Lots will feature a soft closing. Meaning if bids are placed in the last minutes of the auction the bidding time will extend 5 minutes. This allows everyone a fair chance to get another bid in before the item is sold, similar to how a live auction proceeds. Example: A bidder places a bid on an item with 1 minute and 30 seconds left, bidding will now be extended for 6 minutes and 30 seconds. Auctioneer’s Right to Bid: With the seller’s permission, Moon Auction Group affiliates and staff reserve the right to bid for themselves, on the behalf of absentee bidders, on the seller’s behalf, except in the case of absolute bidding. ITEM DISCLAIMER: All items' descriptions are believed to be correct to the best of Moon Auction Group’s knowledge. It is the bidder’s responsibility to ensure the information is accurate prior to bidding. Items are being sold on an “AS IS, WHERE IS” basis. Invoices: Notification of winning bids will be sent via email. You will receive an invoice for your winning items via email. By registering for any auction or bidding on any lot offered by Moon Auction Group, the bidder indicates acceptance of the following Terms of Sale. Any participation in the auction binds you to agreement of these terms whether or not you read or understand said terms. You also agree to Moon Auction Group not liable for ANY damages; monetary, physical or any other resulting from bidder's participation in an auction. You, the bidder, release Moon Auction Group from all liability. All questions regarding this auction should be directed to Savanna Noe, Principal Auctioneer and Owner of Moon Auction Group.