The premium is added to the purchasers successful bid and the two together equal the total purchase price. This is not an aggregate percentage on the total items bid rather a per item percentage rate. If the account is settled by credit card, the buyers premium then shall be the standard 21.5%. The buyers premium shall be reduced to 18% provided the payment is paid by cash or the equivalent of cash (cashiers check, wire transfer, or approved personal check). All bid prices hammer prices (hammer prices mean the price at which a lot is knocked down to the purchaser) will be subject to a buyers premium 21.5% payable by the purchaser. THE AUCTIONEER IS NOT RESPONSIBLE FOR ANY ERRORS OF THE PURCHASER INCLUDING BUT NOT LIMITED TO THE PURCHASER BIDDING ON THE WRONG LOT.Ģ. By bidding at RIACs auction, whether in person or by agent, sealed bid, telephone bid, via the internet or other means, the purchaser or bidder agrees that the contract created by these terms and conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the jurisdiction for contractual disputes is Rock Island County, State of Illinois. The purchaser's rights and RIACs respective rights and obligations hereunder are governed by Illinois law. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions of sale. Any notices, posted or oral, during the sale, are also part of our terms and conditions of sale agreement. All bidders who participate by bidding in this auction agree to the terms and conditions of sale and agree to be bound by same. The following conditions of sale make up the entire terms and conditions on which items listed in Rock Island Auction Companys (known hereafter as RIAC) catalog, on the internet web site and addendum sheets will be offered for sale or sold by RIAC. REGIONAL - INTERNET AUCTIONS UPDATED FEB. The Rock Island Auction Company facility is located ten minutes from the Quad City Airport (MLI). Location: 7819 42nd St W, Rock Island, IL 61201 Driving Directions: Rock Island Auction Facility at 7819 42nd Street West, Rock Island, Illinois. Preview Date & Times: There will not be a preview day.Ĭheckout Date & Times: Please contact the auction house for checkout dates & times.
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All items purchased by absentee bidders must be paid for in full immediately upon notification.Ĭurrency Type: USD Shipping Instructions: Please contact the auction house for general shipping and handling information. All items purchased by successful bidders must be paid for in full the day of sale. The purchaser further agrees to pay the purchase price, buyers premium and any applicable taxes before any lot may be transferred. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. This purchase is subject to all the terms and conditions set forth herein. The premium is added to your successful bid and the two together equal the total purchase price.Īt the announcement of SOLD, the highest bidder will have purchased the offered lot. There is a 3.5% discount for payment with cash, approved check or wire transfer. All sales are final at the fall of the Auctioneer's hammer.Īll bid prices hammer prices (means the price at which a lot is knocked down to the purchaser) will be subject to a buyers premium payable by the purchaser of 21.5% of the bid price. currency or certified check drawn on an American bank.
NOTE TO ALL BUYERS: Method of payment will be U.S.
Cash Payment Discount: 3.5% Participation Requirements: Valid Credit Card required for bidding approval Payment Options: Visa, MasterCard, Discover, American Express, Check, Money Order, Wire Transfer, and Cash Visa MasterCard Discover American Express Payment Instructions: Payment Information:Īuction sales are strictly for cash, cashier's check or checks (with prior approval of the management), MasterCard, Visa or Discover.