Bidding Increments
| From: | To: | Increment: |
|---|
| $0 | $99 | $10 |
| $100 | $499 | $25 |
| $500 | $999 | $50 |
| $1,000 | $1,999 | $100 |
| $2,000 | $4,999 | $250 |
| $5,000 | $9,999 | $500 |
| $10,000 | $19,999 | $1,000 |
| $20,000+ | | $2,500 |
Terms and Conditions
1. Advance bids in the mail or over the phone must be accompanied by a cashier's check for the full amount of the bids. Any over payments will be refunded by return mail on the week following the sale.
2. Terms: Cash or we will accept your personal or company check accompanied by a current driver's license and a major credit card, if the customer is known by the auctioneer. All other checks must be accompanied by a bank letter. We accept visa and master card credit cards in payment. All purchases must be paid for the day of sale.
3. While auctioneers have endeavored to catalogue and describe the property correctly, all property is sold "as is" and neither the auctioneer nor its consignor will be responsible for the description, authenticity, genuinesness, provenance, or condition of the property. No statement contained in the catalogue or made orally at the sale or elsewhere shall be deemed to be such a warranty or representation or an assumption of liability.
4. Auctioneer reserves the right to withdraw any item at any time before the sale.
5. The highest bidder observed by the auctioneer shall be the purchaser. In the event of any dispute between bidders, the auctioneers shall have absolute discretion to either determine the successful bidder, in which event his determination shall be final, or to re-offer and resale the article in dispute. If any dispute arises after the sale, Auctioneers' sale record shall be conclusive as to who was the purchaser, the amount of the highest bid, and in all other respects.
6. If the Auctioneer, in his sole and final discretion, decides that any original bid is not commensurate with the value of the article offered, or having acknowledged an original bid, that any advance thereafter is not sufficient in amount, he may reject the same. Clements shall act to protect the seller's reserve as Agent of the Seller by bidding through the Auctioneer. The Auctioneer may open bidding on any lot below the reserve by placing a bid on behalf of the seller. The Auctioneer may continue to bid on behalf of the Seller up to the amount of the Reserve, either by placing the consecutive bids or by placing bids in response to other bidders.
7. No properties purchased during auction may be removed prior to end of session. Unless special arrangements have been made, all Purchases must be removed from the premises following the sale. After this period, Auctioneer will not be responsible for lost or damaged merchandise and no refunds will be made if lost or damaged.
8.If for any cause a purchased lot cannot be delivered in as good condition as at the time of sale, or should any purchased lot be stolen or mis-delivered or lost prior to delivery, Clements shall not be liable for any amount in excess of that paid by the purchaser.
9. A 23% Buyers premium will be added to all goods as part of the purchase price.
10..*International bidders must pay with wire transfer,money order, or cashier's check*
Contract Information
Auctioneer reserves the right to withdraw any item at any time before the sale.
The highest bidder observed by the auctioneer shall be the purchaser. In the event of any dispute between bidders, the auctioneers shall have absolute discretion to either determine the successful bidder, in which event his determination shall be final, or to re-offer and resale the article in dispute. If any dispute arises after the sale, Auctioneers' sale record shall be conclusive as to who was the purchaser, the amount of the highest bid, and in all other respects.
If the Auctioneer, in his sole and final discretion, decides that any original bid is not commensurate with the value of the article offered, or having acknowledged an original bid, that any advance thereafter is not sufficient in amount, he may reject the same. Clements shall act to protect the seller's reserve as Agent of the Seller by bidding through the Auctioneer. The Auctioneer may open bidding on any lot below the reserve by placing a bid on behalf of the seller. The Auctioneer may continue to bid on behalf of the Seller up to the amount of the Reserve, either by placing the consecutive bids or by placing bids in response to other bidders.
Payment Information
The purchase price stated in the auction catalogue ("Starting price") does not include the buyer`s premium inclusive VAT. This is also the case with the hammer price. Thus Auctionata charges the Buyer's Premium additionally.
The amount of the buyer`s premium is calculated as follows:
at a hammer price up to 1.000.000,00 Euro the buyer´s premium is 29.75 % (including VAT); the buyer's premium amounts to 23.8 % (including VAT) of the winning bid for classic cars.
at a hammer price between 1.000.000,01 Euro and 2.000.000,00 Euro the buyer´s premium is 23,80 % (including VAT) for the (partial) amount of 1.000.000,00 Euro and 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro
at a hammer price more than 2.000.000,01 Euro the buyer´s premium is 17.85 % (including VAT) for the (partial) amount of 1.000.000,00 Euro, 17,85% (including VAT) for the (partial) amount between 1.000.000,01 Euro and 2.000.000,00 Euro and 14,28% (including VAT) for the (partial) amount beginning with 2.000.000,01 Euro.
Shipping Information
Clements can help arrange shipping, however it is ultimately the buyers responsibility to see that items are removed in a timely manner.The buyer pays all shipping/packing cost. Any items remaining after 90 days will be sold at no reserve to cover storage fees.
No properties purchased during auction may be removed prior to end of session. Unless special arrangements have been made, all Purchases must be removed from the premises following the sale. After this period, Auctioneer will not be responsible for lost or damaged merchandise and no refunds will be made if lost or damaged.
If for any cause a purchased lot cannot be delivered in as good condition as at the time of sale, or should any purchased lot be stolen or mis-delivered or lost prior to delivery, Clements shall not be liable for any amount in excess of that paid by the purchaser.
Buyer's Premium
A 23% Buyers premium will be added to all goods as part of the purchase price
Taxes on your purchase
U.S. State Sales Tax Rate: 9.25% for Tennessee residents.
Please note: Tennessee also has a Single Article Tax on single items that fall between $1600-$3200. These items are taxed 9.75%.
If a single article exceeds $3200 it is taxed 7% (Tennessee local tax)on the total plus $80.
Condition Statement
While auctioneers have endeavored to catalogue and describe the property correctly, all property is sold "as is" and neither the auctioneer nor its consignor will be responsible for the description, authenticity, genuinesness, provenance, or condition of the property. No statement contained in the catalogue or made orally at the sale or elsewhere shall be deemed to be such a warranty or representation or an assumption of liability.
Condition Statement
While auctioneers have endeavored to catalogue and describe the property correctly, all property is sold "as is" and neither the auctioneer nor its consignor will be responsible for the description, authenticity, genuinesness, provenance, or condition of the property. No statement contained in the catalogue or made orally at the sale or elsewhere shall be deemed to be such a warranty or representation or an assumption of liability.
