TERMS & CONDITIONS
All questions regarding this auction should be directed to Wardlow Auctions, Inc. Our staff will do our best to answer your questions and make this an enjoyable auction experience for you.
Wardlow Auctions, Inc.
3600 Chamberlain Ln., Suite 222
Louisville, KY 40241
Office: (502) 489-5515
Email: email@example.com or Rick@wardlowauc.com
Auctioneer: Rick Wardlow
Online bidding is offered as a courtesy. The Auctioneers, Wardlow Auctions, Inc., Seller, and the Internet and Software Providers do not guarantee or warrant the online bidding procedure and/or system to operate without interruption or malfunction, and shall not be held responsible in the event of such.
Note to Bidders: While it is apparent that some of the coins were procured from coin vendors, we are not sure from where they all were acquired. Many of the coins are with envelopes with the description of the coin and a rating of condition shown on the envelope. We are not sure if those ratings were assigned by the vendor or by Mr. Roberts. In our non-expert opinion, some of the coins appear in a little better or worse condition than the rating assigned; however, we believe that most of the ratings fairly reflect the quality of the coin.
Inspections: All items will be at our office and available for inspection on Sunday, July 16, 1 PM - 3 PM.
Closing: The auction will end Wednesday, July 19, 2023, starting at 7:00 PM Eastern Daylight Time.
1. Where: 3600 Chamberlain Ln., Ste. 222, Louisville, KY 40241
2. When: Thursday, July 20th and Friday, July 21st between 10 AM and 3 PM appointment. Provided your items are already paid for by credit card or you wish to pay by cash or check, you can pick up your items on Saturday, July 22nd between 10 AM and 12 noon. If you intend to pick up on Saturday and pay by cash or check, please let us know in advance, not later than Friday, June 21st at 2 PM, otherwise we will charge your credit card on file Friday, at 3:00 PM.
Items are sold “as is - where is” with no guarantees or warranties. It is the Bidders responsibility to inspect the items and research any and all descriptions and information to their complete and full satisfaction prior to bidding. All sales are final.
Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid of each item to determine the final selling price.
Payment Terms: All items must be paid for in full prior to removal and not later than 3:00 pm on Friday, July 21, 2023. Payment may be made by cash, credit card (VISA or Mastercard), good personal check, Official Bank Check, or bank certified check. All purchases over $1,000 must be paid for by cash, credit card (VISA or Mastercard), Official Bank Check, or bank certified check. Most buyers choose to pay for their items when they pick them up. However, you can also click “Pay Invoice Now” when you received your invoice. If you fail to pick up your items, we will go ahead and charge your credit card.
Attention Credit Card Buyers: Due to a nationwide insurgence of attempts to purchase items with the use of a stolen or fraudulently obtained credit card, for any such suspected transactions, Wardlow Auctions Inc. hereby reserves the right to: 1) request buyers to provide a copy of their driver’s license and credit card with which they are paying, and 2) withhold shipping of purchased items for a period of up to 10 calendar days to insure that payment and validity of the transaction is good.
Office Location: Our office is located at 3600 Chamberlain Ln., Suite 222, Louisville, KY 40241 which is in the Jefferson Trade Center, across from Kentucky Ford Truck Plant, near the I-265 and Westport Rd. interchange.
Shipping: Two options. If you want your coins shipped and they will fit in a USPS Flat Rate box, we can handle that for you. Please call us to let us know you want us to ship them and whether or not you want extra insurance. For USPS flat rate shipping we will coordinate with you prior to shipping to determine estimate of cost. Shipping charges will consist of $5 plus the actual cost of shipping. The costs will be charged to your credit card. Alternatively, if you want to use a professional shipper, we have worked successfully with a company called Fragile Pack of Louisville to handle customers' shipping needs. Buyers should contact Scott Logsdon of Fragile Pack at (502) 423-0000 for shipping questions and needs. If you prefer to use another shipper, we’ll coordinate that also.
Registration: Registration is free but does require several important pieces of information. Bidders must be registered with a full name, address, and telephone number. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Information from either a MasterCard or Visa is to be held on file. This information is obtained to deter defunct bidding and to facilitate payment once you receive your invoice. The account will be charged in the event that an item has been unpaid after the allotted time for payment has passed. Registration may only be completed with an acknowledgment that the bidder has read and understood all terms and conditions for the sale and online bidding.
How to Register for First Time Bidders: Click on “Register to Bid”, at the next page click on “Sign Up”, and then complete the information requested. Upon successful completion you will receive notice that you are approved to bid.
If You Have Already Registered: If you have already registered and been approved, you simply click on the “Register to Bid” link and on the next page, click on “Sign In”.
Description of Items: All descriptions and information are believed correct, but are not guaranteed and as such the Auctioneers, Wardlow Auctions, Inc., and/or the Seller shall not be held liable for inaccuracies in the information. It is the Bidders responsibility to obtain or verify, prior to bidding, any information they consider critical to their decision to purchase. Preview times are available for potential bidders to physically inspect the items. All bidders are encouraged to inspect and research all aspects of the items, descriptions and information provided to their complete and full satisfaction prior to bidding. The items are being sold “as-is” “where-is” with no warranties or guarantees of any kind including merchantability and/or fitness for particular purpose.
Bidding: Online bidding is to be understood as a binding contract. Bids will be taken with the understanding that the bidder will honor their winning bid with sufficient funds including all applicable taxes and fees. Do not bid if you do not intend to pay. Notification of winning bids will be sent via email along with an auction invoice within 6 hours of the auction’s close. Be sure to check your "Junk" email folder if you do not receive your invoice within that time frame. Bidding can be made using two methods on our website- by clicking on the “Bid $$$” button or by clicking on the “Set Max” button to establish your maximum bid. Bidding increments are pre-set and vary in relationship to the value of the item.
Bidding Increments are pre-set as identified below: Bids must at least be the “asking” amount and in whole dollars. You can bid an amount higher than the next “asking” amount if you wish.
Up to $20.00 - $1.00 increment
Up to $50.00 - $2.00 increment
Up to $100.00 - $5.00 increment
Up to $500.00 - $10.00 increment
Up to $1,000.00 - $25.00 increment
Up to $10,000.00 - $50.00 increment
Up to $50,000.00 - $100.00 increment
“Set Max” Feature: This feature does your bidding without the bidder having to constantly view, log in, and bid on an item. Setting a maximum online is much like coming to a live auction with a preset spending limit in mind. The program will bid for you, in the prescribed increments, and only up to your set maximum bid for the item. Your Maximum bids are kept confidential and not available for other bidders to see. Any bidder can raise or lower a maximum bid at any time prior to the close of the auction.
Using the Custom Bid feature: The bidding sight allows a bidder to place a bid higher than the bid required by the next increment. For example, if the current bid is $50 and the bidder would rather jump the bid to $100 rather than make the bid in the increments required, he/she can do so. The bid will automatically jump to $100. This is not the same thing as using the Maximum Bid feature, please don’t confuse the two.
Sales Tax: All sales are subject to 6% Kentucky Sales Tax unless you are in the business of buying coins for resale and have a current Kentucky Resale Exemption Certificate.
Close of Bidding: The bidding will begin to close at 7:00 PM (Eastern time zone), Wednesday, July 19 EST. For your convenience, the closing of items will be on a staggered basis of 3 items every minute. For example, items 1-3 will begin closing at 7:00, items 4-7 will begin closing at 7:01, items 8-11 will begin closing at 7:02, etc. The closing of some items may be extended in the event of last minute bidding. See paragraph below regarding the Extended Ending feature.
Extended Ending: All items in the auction will be subject to an extended ending, whereas at the close of the auction, any bidding activity on an item within 3 minutes of the closing time will automatically extend the bidding for 3 more minutes past the time of the last bid. The bidding on that lot will continue to remain open in 3 minute intervals as long as there is bidding activity within 3 minutes of the previous bid. Once there is no bidding activity within the 3 minute period, the bidding on that item will close. For example, if a lot is supposed to close at 7:00 PM but a last minute bid is placed at 6:59 PM, bidding will be extended until 7:02 PM. If another bid is placed on an item at 7:01 PM, bidding will then close at 7:04 PM, unless subsequent bids are placed.
Penalties: Any bidding found to be fraudulent and/or negligence to provide proper payment in the allotted time will result in all appropriate legal action. Any invoice not fully and properly paid for in the allotted time will be charged to the credit card account presented at registration and the items forfeited. Delinquencies will be noted and will prevent the individual from participating in any further live or online auctions conducted by Wardlow Auctions, Inc. Wardlow Auctions, Inc. retains the right to prevent anyone from participating in this and future online auctions who does not abide by the terms and conditions of the auction or whose actions are not in the best interest of our client, the Seller.
Loss of Bidding Privileges: If you fail to pay for or pick up your items in a timely manner, your bidding privileges may be revoked. Your privileges may be restored by paying for the item and repaying for any loss of the revenue due to the items not having been sold. Additionally if you’ve paid for your items but fail to make pick-up arrangements, please read the following paragraph.
Transfer of Title and Ownership of Property: Title and ownership of property purchased shall convey to buyer only upon payment AND pick-up or shipping of the property by the winning bidder. Unless special arrangements are made with the auctioneer, for any items not paid for and/or picked up by the winning bidder within 7 days of the date payment was due, the property shall be considered abandoned and any interest the winning bidder may have in the property shall revert back to the seller or auctioneer and there shall be no refunds to the winning bidder. Auctioneer's Right to Bid:
In accordance with KRS330.220(6)(a), it is hereby disclosed that, with permission from the seller, the auctioneer and any auction staff members reserve the right to bid.