ICCAuctions© Terms and Conditions General Any disputes arising from a transaction or failure to complete a transaction shall be exclusively between the buyer and the seller. ICCAuctions assumes no liability for any damages caused to buyers or sellers due to failure to complete a transaction or failure of seller to refund buyer's payment. If a seller refuses or is unable to complete a transaction, any money paid by the buyer shall be returned in full and ICCAuctions shall have no further liability. ICCAuctions assumes no liability with respect to goods sold or for any loss during shipment.Registration - Prior to participating in this auction buyers must: $100 - $250 $10.00 Bidding- Bids may be submitted at any time while the listing is active. Proxy bids will be entered in accordance with the appropriate bid increment. Any bids submitted during the last 5 minutes of the auction will extend the auction closing for 5 minutes from the time of that bid. If no additional bids are received in this extended period the auction will close and the high bidder will be judged the winner. This process will be repeated until no further bids are received in the final 5 minute period. At this point the high bidder will be judged the winner. This anti-sniping provision allows auctions to run until all bidding has ended – similar to a traditional auction house. Tying bids - In the event that there are tying bids the first bid received takes precedence. Invoicing -Winning bidders will be invoiced by the seller at the conclusion of the auction. The invoice will show the final bid price, shipping costs and insurance costs (if applicable). The invoice will also show payment terms accepted by the seller. Invoices will be provided by the seller within 3 business days of the close of the auction. Payments - The buyer is required to complete payment for the item within 7 business days from receipt of the invoice, or to notify the seller that funds have been dispatched if paying by check or money order. Non Paying Bidders - Non-paying bidders will be barred from bidding on future auctions on this site. All returns must be insured, packaged and returned in the condition received. The buyer must notify the seller on receipt of the item that there is a problem with the lot. The lot must be returned within 30 days of the close of the auction for U.S. domestic customers and 45 days of the close of the auction for International customers. The Return privilege is a contract between buyer and seller. ICCAuctions does not guarantee the performance of seller and does not assume any liability for any breach by seller to perform the contract. Refunds – Refunds will be limited to the final auction price paid for the lot. Shipping and insurance costs will not be refundable. Items over $5000 – Buyers and Sellers for auctions closing with a value over $5000 are required to use an escrow service; unless the buyer agrees, in writing, to accept responsibility for lost or damaged shipments. The Seller and Buyer must agree to split the cost (usual fees range from approximately $160 for $5000 to $190 for $15,000). We recommend Escrow.com. See www.Escrow.com for more information. Terms and Conditions for Sellers Registration - Prior to participating in this auction sellers must:(a) Acknowledge that they have read and agree to the auction terms and conditions by checking the appropriate box at the end of the terms and conditions section and submitting this to the ICCAuctions host site. (b) Register as a participating seller. (Please see tab for registration information required.) Auction Lots -All auction lots listed must have a Starting Price of at least $100.00. (Lots with multiple pieces are permitted as long as this minimum value is maintained). Listings - The seller is responsible for listing the item offered for sale. As part of this listing process the seller agrees to accurately describe the item using the following guidelines: The auction site will open for listings 30 days prior to the end of the auction. No listings will be permitted in the period 7 days prior to the auction close. Returns – See above (Terms and Conditions for Buyers) Listing Assistance -The ICCAuctions committee will, if requested, assist sellers in providing additional information. However, any information provided by ICCAuctions is not and cannot be considered as endorsing or supporting claims made by the seller. Sellers are fully responsible for auction content and descriptions including condition and authenticity. ICCAuctions committee members will not provide advice on reserves or auction value. Reserves - The seller may at their discretion place an appropriate reserve on an item when completing their listing. All reserves are confidential and visible only to the seller. ICCAuctions administrators do not have access to this information. Terminating Listing - When listing an item sellers are encouraged not to terminate a listing during the auction process. (Sellers who terminate listings may be barred from participating in future auctions.). This provision is intended to allow all pieces being offered to reach their market value potential and provide a fair opportunity for all potential bidders. Sellers are required to notify the auction administrator prior to ending any auction early. Fees - There are no listing fees - if your item does not sell there is no cost to you. All sales have a 2.5% sellers fee up to $5000; and for items over $5000, $125 plus 1.5% of the amount over $5000 payable to ICCAuctions. There are no buyers fees. Items over $5000 – Buyers and Sellers for auctions closing with a value over $5000 are required to use an escrow service; unless the buyer agrees, in writing, to accept responsibility for lost or damaged shipments. The Seller and Buyer must agree to split the cost (usual fees range from approximately $160 for $5000 to $190 for $15,000). We recommend Escrow.com. See www.Escrow.com for more information. Shipping - Sellers are asked to ship all items within a maximum of five business days after payment is received. Exchange rates - All listings will be shown in U.S. dollars and Euros. Currency conversions will be updated daily. Sellers will be asked to specify currency required for payment as part of the listing process. |