TERMS AND CONDITIONS OF SALE
All questions regarding this auction should be directed to Wardlow Auctions, Inc. Any member of our staff would be happy to answer your questions and make this an enjoyable auction experience for you.
Wardlow Auctions, Inc.
3600 Chamberlain Ln.
Louisville, KY 40241
Office: (502) 489-5515
Auctioneer: Matt Woods
Online bidding is offered as a courtesy. The Auctioneers, Wardlow Auctions, Inc., Sellers, 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.
Buyer’s Premium: A 10% buyer’s premium will be added to the winning bid of each item to determine the final selling price.
Statements of Condition: Any statement regarding the condition of the item is given as a courtesy and is only a subjective opinion and should not be treated as a statement of fact. The absence of a condition statement does not imply that the lot is in perfect condition or free from wear and tear, imperfections, or the effects of aging. All descriptions and information are believed correct, but are not guaranteed. Items are sold “as is" "where is” with no guarantees or warranties. All sales are final.
INSPECTION: All gold is secured at Republic Bank. Therefore, inspection will be by appointment only Monday-Friday January 29-February 2 with 48 hours notice to give us proper time to transport to our facility. When you schedule an appointment with us, you must let us know which lot numbers [IF GOLD] you are interested in so we can have them transported and prepared for viewing at our facility. We reserve the right to limit the amount of gold items for inspection. All other lots can be viewed with a regular scheduled appointment.
Pickups: Pickups will be Friday, February 9th, 11am-4pm, by APPOINTMENT ONLY. If purchasing gold, you must schedule an appointment by 4:00pm Thursday, February 8th by phone or Calendly link that will be attached to your emailed invoice. Otherwise, your gold items will not be at the facility in time for your pickup. If you cannot make this pickup time, please call (502) 489-5515 or email email@example.com to make arrangements. Please read Abandonment of Property Due to Failure to Pick Up further in the terms for additional information.
Shipping: We work with a company called Fragile Pack of Louisville to handle customers' shipping needs. We reserve the right to hold all items being shipped up to 10 business days for payments to be cleared and buyers will be asked to email us a copy of your Valid ID. Email Matt Woods at firstname.lastname@example.org to give permission for transfer of your winnings to the shipper. Buyers can contact Scott Logsdon of Fragile Pack at (502) 423-0000 for shipping questions and needs. All shipping costs shall be paid by the buyer.
General Terms and Conditions of Sale:
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.
Payment Terms: All items must be paid for in full prior to removal and not later than 4:00 PM Friday, February 9th, 2024. Payments may be made online by credit card, or in person at checkouts by card, cash or check. All purchases by credit card will require a Valid ID. All purchases $1,000 or over must be paid by Official Bank Check, Wire Transfer, or Credit Card with Valid ID. All purchases $5,000 or over must be paid by Official Bank Check or Wire Transfer. If you fail to make arrangements or pick up your items during the listed pickup hours, we will charge your credit card. Credit card payments will be incur to a 2% fee, to be paid by the buyer.
Registration: Registration is free but does require several important pieces of information. Bidders must be registered with a full name, address, telephone number, and valid credit card information. An email address is also required so bidders may be sent winning bid notifications and auction invoices. Credit card information is obtained to establish bidder legitimacy, deter defunct bidding and charge the account at your request or in the event you do not pick up your items. 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.
All items sell in “as is” condition: 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.
Notification to winning bidders: An email notification will be sent via email along with an auction invoice within 12 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 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 Maximum Bid 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.
Close of Bidding: Bidding will begin to close at 7:00 PM (Eastern time zone), Wednesday, February 7th, 2024. For your convenience, the closing of items will be on a staggered basis of 3 items every minute. See paragraph below regarding the Extended Ending feature.
Extended Ending: The 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 for a 3 minute period, the bidding on that item will close.
Sales Tax: All sales are subject to 6% Kentucky Sales Tax. If you are buying for resale, please let us know ahead of time and send us a copy of your resale tax exemption certificate.
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.
Transfer of Ownership and Abandonment of Property: Unless special arrangements are made with the auctioneer, for any items not paid for and/or picked up by the winning bidder within SEVEN (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. Additionally, failure to pay for or pick up your items will result in the loss of future bidding opportunities.
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. 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.
Auctioneer's Representation and 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 have the right to bid. Wardlow Auctions Inc. and the auctioneer are agents of the seller.