Lot 308: Four New Ray 1:43 Scale "City Cruiser Collection" Cars

Trains Planes and Automobiles
'First Monday Toy Auction' Terms and Conditions

1. A buyer's premium of 10% applies for successful bids placed with Trains, Planes and Automobiles; this includes absentee bids, telephone bids and floor bids. A buyer's premium of 13% applies to successful bids placed online. (The buyer's premium includes GST.)

2. Bidding increments: Up to $45 .......... $5
$50 to $190 ....... $10
$200 to $480 ..... $20
$500 to $950 ..... $50
$1000 + ............. $100

3. At the 'fall of the hammer', the highest bidder will be the buyer. If there is a dispute, genuine in the auctioneer's opinion, the lot will be put up again and resold unless one of the claimants is prepared to advance in the bidding. The auctioneer's decision will be final.

4. Lots are sold with all faults if any. Unless otherwise specified, items are sold untested with no warranty given to their mechanical or electrical operation.

5. Lots can be viewed at our Annandale showroom prior to the auction during normal opening hours and at other times by appointment.

6. A full catalogue of lots with pictures will be available on our website www.antiquetoys.com.au. Printed catalogues will be available on request at $5.00 ea.

7. The starting price, which usually includes any reserve, will be shown in the catalogue. Items will normally sell for the starting price or above.

8. No error in the description or quality shall void the sale or result in an adjustment of the price, unless theft or misadventure has occurred between viewing and sale.

9. The auctioneer reserves the right to accept or refuse any bid(s).

10. Bidding can be done by: a) submitting an absentee bid by phone, fax or email;
b) registering with a supported online bidding organisation; or
c) telephone as a pre-registered telephone bidder.

11. When absentee bids are placed, it is the absentee bidder's responsibility to find out whether bids have been successful.

12. All lots must be paid for within 48 hours of the conclusion of the auction.

13. If a purchase remains unpaid for a period of 7 days after the auction, a late payment fee shall be charged of $10 for the first lot and $5 for each additional lot.

14. If a purchase remains unpaid for a period of 30 days after the auction, the sale will be cancelled and the lots will be re-auctioned; the defaulting purchaser will be barred from bidding in future auctions and our online auction houses will be notified of the default.

15. Payment is by cash, credit card (MasterCard or Visa), EFTPOS (some bank limits apply), direct deposit, cheque (goods will be sent after funds have cleared), or money order.

16. All lots purchased must be paid for prior to delivery.

17. Goods can be picked up from either of our stores by arrangement, or items will be sent. Packaging and delivery costs will apply.

18. All buyers must be registered before their commencement of bidding.

19. If a transaction has not been completed by 30 days after the auction, the item(s) will be re-auctioned without reserve.

20. If goods have not been picked up by 12 months after the auction, the item(s) will be re-auctioned without reserve and the former buyer will not be entitled to any to any proceeds or accrued profit.

21. In the event of non-compliance with any of the above terms and conditions, the items bought will be re-sold at the risk of the former buyer, who will not be entitled to any proceeds or accrued profit (subject to the other conditions).

22. In these conditions the word 'auctioneer' means Trains, Planes & Automobiles.

23. The 'First Monday Toy Auction' will be held on the first Monday of each Month except January, unless otherwise advertised.

24. Our thoughts on packing & postage

Since this is an auction transaction, not a retail sale, we operate on behalf of our vendors and make no profit on the sales of items to subsidise packaging and postage costs, as many retailers and internet sellers do. We do not import or buy auction items from wholesalers, so we do not have a supply of appropriate packing boxes and need to find them.

We normally invoice for the goods first, then send a separate invoice for postage once we have calculated the costs. We pack items carefully so that they arrive in good condition. Whenever possible, goods are sent by a service that can be tracked and requires a signature upon delivery.

Many auction houses do not even offer a shipping service and require the purchaser to either pick the items up or arrange for an organisation such as "Pack and Send" to package and ship the items for them, generally at a significant cost.

We also offer purchasers the option of picking their goods up from one of our two locations, at Annandale (Sydney) or Mount Victoria (Blue Mountains).

Packaging and postage will be at the expense of the buyer. (It may take up to 7 days to confirm costs.)

Included

All lots must be paid for within 48 hours of the conclusion of the auction.

Payment is by cash, credit card (MasterCard or Visa), bank transfer, or EFTPOS (some bank limits apply). There will be a 1.5% surcharge for credit cards.

All lots are open for inspection and are sold with all faults if any. Unless otherwise stated, items are sold untested with no warranty given to their mechanical or electrical operation.