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Auction Terms
Section I - General Conditions of Sale 1. These Conditions of Sale constitute the agreement between Victorins LLC ("Victorins," "Auctioneer," "we," "us") and the consignor ("Consignor") with the buyer ("Buyer") for the property listed in any Victorins auction catalog or presented for sale. 2. The Conditions of Sale, glossary, and all other content of the catalog or online listing are subject to amendment by Victorins LLC by posted notice, announcement during the sale, or other written notice. 3. All property is offered by Victorins LLC as agent for the Consignor unless expressly stated otherwise in the catalog. 4. By participating in any sale, whether in person, online, by absentee bid, or telephone, the Consignor, Bidder, and Buyer agree to be bound by these Conditions of Sale. 5. Victorins LLC reserves the right to amend or supplement these terms at any time, including announcements made during an auction, which shall be binding. 6. All bidders are deemed to have read, understood, and agreed to these Terms and Conditions before bidding. Section II - Registration and Bidding 7. Bidders must register prior to bidding by completing a registration form in person or online, providing proof of identification, and supplying bank or other financial references if requested. 8. By registering, bidders agree to be liable for all bids placed under their account, including timely payment for any winning bids. 9. Bidders are responsible for independently verifying the age, size, condition, authenticity, description, and value of each lot before bidding. 10. All bids are per lot as numbered in the catalog unless otherwise announced by the Auctioneer. 11. Victorins LLC reserves the right to reject any bid or bidder at its sole discretion. 12. The Auctioneer may split increments, reject insufficient advances, and has final discretion to determine the winning bidder or to re-offer a disputed lot. 13. In the case of absentee bids, Victorins will attempt to purchase the lot at the lowest price possible, subject to reserves and competing bids, but is not responsible for errors, failure to execute bids, or inability to contact bidders by phone or online. 14. Online and phone bidding are offered as a convenience, and Victorins is not responsible for any technical failures or errors in execution. 15. Victorins reserves the right to withdraw any lot at any time before or during the sale without liability. Section III - Sale and Title Transfer 16. Placing a bid constitutes a legally binding offer to purchase the lot. 17. Upon the fall of the Auctioneer's hammer, title to the lot passes to the highest bidder acknowledged by the Auctioneer, subject to compliance with these Conditions of Sale. 18. Buyer's Premium: A premium of 20% of the successful bid price will be added to all lots and is payable by the Buyer as part of the total purchase price. 19. Video or digital images may be used during the sale, but Victorins is not liable for errors in image quality or presentation. 20. Reserves may be executed by the Auctioneer or an authorized representative on behalf of the Consignor. Section IV - Payment Terms 21. Payment is due immediately after the auction for the full purchase price (hammer price, Buyer's Premium, applicable taxes, and any additional fees). 22. Accepted payment methods include U.S. dollars by cash, check, wire transfer, or credit card (via online auction platform). 23. A surcharge may be imposed on all credit card transactions, not greater than the cost of acceptance. 24. If you have a card on file with LiveAuctioneers, it will be automatically charged 72 hours after you receive your invoice unless prior arrangements are made. 25. Invoices must be paid either entirely via LivePayments or entirely off-platform; mixed payment methods are not permitted. 26. For payments exceeding $2,000 or for new bidders without sufficient payment history, Victorins may require payment via wire transfer. 27. Out-of-state sales will not incur sales tax if paid directly to Victorins via wire transfer; however, sales tax will be applied if payment is processed through LiveAuctioneers in any manner. 28. Buyer agrees not to initiate or threaten any chargebacks for any reason. Even if a chargeback is successful, Buyer remains liable for the purchase price, costs of collection, and attorney's fees. 29. A late fee of 1.5% per month will be charged on any overdue balance. Returned checks will incur additional fees. 30. In case of non-payment, Victorins may cancel the sale, resell the lot, retain deposits, offset amounts owed, and/or pursue any legal remedies. Section V - Shipping and Delivery 31. Buyer is responsible for all shipping, handling, and insurance charges, which will be added to the invoice or quoted separately. 32. Victorins may provide in-house packing and shipping as a courtesy but is not responsible for loss or damage in transit. 33. International Buyers are responsible for customs duties, taxes, and import fees. Some items may not be eligible for international shipping. 34. Insurance covers loss or damage only while in transit and not after delivery confirmation. 35. Victorins reserves the right to delay shipment until all funds have cleared. 36. As a courtesy, Victorins can provide delivery services, professionally packing, shipping, and insuring items to the Buyer's provided address. Tracking will be emailed when shipped. 37. Shipping Address Change: For wire transfer payments, Victorins can ship to any requested address. For credit/debit card payments via LiveAuctioneers, shipment must go to the payment address unless proof of alternate address is provided. 38. Victorins is not responsible for shipping delays but will make best efforts to ship promptly. 39. Unauthorized Returns: Returns without written authorization will be refused, and unclaimed items after 90 days may be deemed forfeited. Section VI - Warranties, Disclaimers, and Condition Reports 40. All property is sold "as is" without warranties of any kind as to description, genuineness, attribution, provenance, authenticity, authorship, completeness, or condition. 41. Appraisals and estimates are provided for convenience only and may not reflect actual resale or replacement value. 42. Jewelry Disclaimer: All sales are final; most rings are resizable unless signed by a designer or have stones around the full band. No guarantee of third-party appraisal unless specified. 43. Watch Disclaimer: All sales are final; watches may not include original boxes or papers and do not carry manufacturer warranties. 44. Condition reports and images are provided as a courtesy and should not replace physical inspection. Section VII - Governing Law and Miscellaneous 45. Governing Law: This agreement is governed by Virginia law. All participants consent to exclusive jurisdiction of Virginia state courts (and federal courts where applicable). 46. Severability: If any clause is found invalid, the remainder shall remain enforceable. 47. Entire Agreement: These Terms & Conditions constitute the entire agreement and supersede all prior understandings.
Auction Terms
