TERMS & CONDITIONS OF SALE
DAVIDSON AUCTIONS PTY LTD - Artfact / Invaluable Live Internet Bidding
Live Auction Timing
Items offered are part of a live auction held in our rooms. Items are offered in numerical order and are auctioned at a pace of approximately 100 an hour.
Absentee Bids
Absentee bids left on Artfact Live Auctions are not the same as bids left directly with Davidson Auctions. Artfact Live Auction absentee bids are executed by Artfact Live as and when the lot is being auctioned; and Davidson Auctions is not privy to the extent of your bid. Consequently, occasionally the situation may arise that the auctioneer acknowledges a floor bidder’s bid before your Artfact bid of the same amount can be applied. In such cases the bid acknowledged by the auctioneer first will take precedence. The auctioneer’s decision shall always be final.
Buyer Terms
All intending buyers must produce proofs of identity and address when demanded by the auctioneer. The auctioneer shall be judge of the sufficiency of such proofs. By participating in our auctions, the buyer agrees to abide by Davidson Auction’s terms and conditions of sale.
A 16.5% buyers premium (GST inclusive where applicable) shall be payable on top of the hammer price of any and all winning bids.
All lots are sold on a GST inclusive basis where applicable. A listing of GST registered vendors will be provided upon request.
Subject to any reserve price, the highest bidder shall be the buyer. The auctioneer reserves the right to not disclose the existence and/or amount of any such reserve. Further, the vendor shall have the right to bid by the auctioneer or by the vendor’s agent.
The auctioneer reserves the right to accept or refuse any bid or bids without having to state any reasons therefore. Any bids accepted and relied upon by the auctioneer cannot be subsequently withdrawn by the bidder.
The auctioneer reserves the right to withdraw or re-offer any lot without giving any reason therefore. The auctioneer’s decision shall be final.
The buyer shall be deemed to be the principal unless: (i), that person has disclosed upon registering that he or she is bidding on somebody else’s behalf; and (ii), the auctioneer has agreed to and accepted proofs of such an arrangement.
Members of the public attend at their own risk. The auctioneer accepts no responsibility for any accident, loss or injury incurred before, during or after the sale.
Your bid is a contract. Place a bid only if you are serious about buying the item.
Condition Reports
All lots are open for inspection prior to sale and are sold with all faults if any. Any condition statement is given as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Davidson Auctions shall have no responsibility for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of ageing. No error or misdescription shall invalidate the sale, and the buyer is bound to take delivery of the goods without allowance or reduction in price.
All goods are at the buyer’s risk at the fall of the hammer. All due care shall be taken by the auctioneer and his employees but the auctioneer is not accountable for any damage or loss which may arise after the fall of the hammer.
Payment
All goods must be paid for within 2 days of receiving an invoice.
All lots purchased by the buyer must be paid for before delivery is made of any one or more lots.
We accept cash, credit cards (entirely at our discretion), EFTPOS, & direct bank deposit (wire transfer). Acceptance of personal and company cheques shall be entirely at the auctioneer’s discretion, and by prior arrangement only. We reserve the right to withhold delivery of any lot or lots subject to clearance of moneys paid by the buyer.
Shipping
Davidson Auctions offers a shipping service. All such packing, handling and shipping is at the sole risk of the purchaser. Davidson Auctions shall not have liability for any loss or damage to such items. The buyer shall pay in advance all packaging expenses including packing materials, labour, postage, and insurance fees. We reserve the right to refuse shipping of certain items.
All third party shipping arrangements and payment for shipping should be made directly with the buyer’s shipper of choice. When using a third party to ship, the buyer must organise their own cartage and packing of the goods. No carrier may collect any goods prior to payment of the invoice in its entirety. The buyer is wholly responsible for any damage to property, or injury to persons incurred during the removal or handling of any lot or lots purchased, including any damage or injury caused by the buyer’s agents or employees.
General
In the event of a forgery or fake being sold through our auction, contingent upon proofs to that affect being provided to Davidson Auctions and those proofs being acceptable to Davidson Auctions, the purchase price including buyers premium shall be refunded in full to the buyer. However, if the vendor has been paid by Davidson Auctions, the buyer agrees that Davidson Auctions shall not be liable to make good any loss, monetary or otherwise, that he/she has incurred and shall look to the vendor to make good any losses or expenses.
It as agreed that the buyer indemnifies the auctioneer against any claim or legal action arising out of any acts of negligence, omissions or misdescription by the auctioneer or his agents.
In the event of non-compliance with any of the above terms and conditions any moneys paid by the buyer shall be forfeit; and the goods may be resold through auction or by any other means without notification to, and at the expense of, the former buyer. The former buyer shall be liable to make good any loss or deficiency that may arise on such resale, including advertising and storage costs if applicable.
In these conditions, the word auctioneer means Davidson Auctions Pty Ltd; and where the context so permits, includes the person conducting the auction on behalf of Davidson Auctions Pty Ltd.
CONDITION REPORTS
All lots are open for inspection prior to sale and are sold with all faults if any. Any condition statement is given as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. Davidson Auctions shall have no responsibility for any error or omission. The absence of a condition statement does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of ageing. No error or misdescription shall invalidate the sale, and the buyer is bound to take delivery of the goods without allowance or reduction in price.
All goods are at the buyer’s risk at the fall of the hammer. All due care shall be taken by the auctioneer and his employees but the auctioneer is not accountable for any damage or loss which may arise after the fall of the hammer.
PAYMENT
All goods must be paid for within 2 days of receiving an invoice.
All lots purchased by the buyer must be paid for before delivery is made of any one or more lots.
We accept cash, credit cards (entirely at our discretion), EFTPOS, & direct bank deposit (wire transfer). Acceptance of personal and company cheques shall be entirely at the auctioneer’s discretion, and by prior arrangement only. We reserve the right to withhold delivery of any lot or lots subject to clearance of moneys paid by the buyer.
SHIPPING
Davidson Auctions offers a shipping service. All such packing, handling and shipping is at the sole risk of the purchaser. Davidson Auctions shall not have liability for any loss or damage to such items. The buyer shall pay in advance all packaging expenses including packing materials, labour, postage, and insurance fees. We reserve the right to refuse shipping of certain items.
All third party shipping arrangements and payment for shipping should be made directly with the buyer’s shipper of choice. When using a third party to ship, the buyer must organise their own cartage and packing of the goods. No carrier may collect any goods prior to payment of the invoice in its entirety. The buyer is wholly responsible for any damage to property, or injury to persons incurred during the removal or handling of any lot or lots purchased, including any damage or injury caused by the buyer’s agents or employees.
