AUCTION TERMS AND CONDITIONS ABOUT OUR AUCTION
13. “Max” or “Ceiling” bids can be placed on any lot. They must conform to the proper bidding increment based on a lot’s high bid at the time such a bid is placed. In the event of a tie between bids, the earlier bid received will be recognized as the winning bid. This is especially important with respect to “Max” bids and “straight” bids, because if a bidder places a “straight” bid equal to a “max” bid left by someone earlier, the “max” bid will be considered the winner. 14. We cannot see max bids. We do not have access to max bids in any way. If you choose to leave a max bid, we will not know the amount of that bid. We do not have a fancy brand name for this; we just call it “integrity.” It should go without saying. 15. Consignors may not bid on their own materials. Love of the Game Auctions reserves the right to cancel any bid should we believe that bid was made by a consignor, or representative of a consignor, bidding on his/her own materials. We reserve the right to decline consignments for the same reason, at any point before, during, or even after the auction, if we believe a consignor or his proxy is placing bids on his lots. Love of the Game Auctions is the sole arbiter of this decision, and by participating in the auction, both bidders and consignors agree to this. 16. Our auction system generates electronic bid confirmations and outbid notices electronically and automatically. Love of the Game Auctions cannot guarantee that you’ll receive the emails or text messages, however. We recommend checking the status of your bids online periodically. 17. We do not have hidden reserves. Occasionally, on certain high- value items, we will institute a reserve to protect our consignor. Approximately one week prior to the auction closing, we disclose the specific dollar amount of any reserves that have not been met. When we disclose the reserve, the current bid will be set to one increment below the reserve amount, and the next bid will meet the reserve. PLEASE NOTE: The reserve should be treated as a “bidder.” If you choose to leave a max bid that is greater than the reserve, your bid will automatically meet the reserve, and you will become the high bidder at the reserve price. There is never a hidden reserve. It is our policy to disclose whether an item has a reserve, right in the description of that item. If a reserve is not noted, and the item receives a bid, it will sell. If the bidding meets the reserve, the item will sell. We do not permit consignors to add reserves after the auction is underway, and we will not accept a consignment with a reserve unless it is specifically agreed upon prior to the auction. 18. Love of the Game Auctions, its owner or employees are not permitted to bid on any lot in the auction, under any circumstances. Bidders are not bidding against any “house account.” There is no “house account.” 19. Unsold or unpaid lots may be privately sold or re-auctioned at the discretion of the consignor. Should Love of the Game elect to pay the consignor for an unpaid lot, we take ownership of that item and can re-sell it at our discretion. 20. If, for any reason, our auction is interrupted during bidding, Love of the Game Auctions may elect to extend bidding beyond the stated closing date or time. In the case of a serious outage that we feel impacts bidding, Love of the Game Auctions may elect to take more extreme measures to ensure that bidding is fair and all bidders have had sufficient opportunities to place their bids. Such measures may include stopping all bidding and re-starting from the point of stoppage on a subsequent day, and pushing the scheduled auction closing to a later date. This decision is entirely at the discretion of Love of the Game, and by bidding in our auction, you agree to this. If any bidder experiences a problem bidding, they should contact us at info@loveofthegameauctions. com. PAYMENT AND DELIVERY 21. Payment must be received on all winning bids within 14 calendar days of notification of items won. This is not negotiable, as it is important to us to pay our consignors as quickly as possible. Notifications and invoices are sent by email, except in the event that a phone bidder has no email address. These methods shall constitute “notification” of winning. It is your responsibility to check your account to see if you are a winning bidder. Any bidder not paid in full within 14 days of notification may have future bidding and consigning privileges revoked, and will be subject to legal action.
1. This auction is conducted by Crisafulli Ventures, LLC, doing business as Love of the Game Auctions . The auction is conducted under the following rules and applicable laws. Consignors and bidders in this auction agree to be bound by these rules. By bidding or consigning, you are expressly agreeing to these terms. If you have any questions, contact us at info@loveofthegameauctions.com. 2. A buyer’s premium equal to 20% of the high bid will be added to all lots. A $100 winning bidder will thus be charged $120. Any bidder who elects to pay by PayPal will also be subject to a 3% convenience fee on the entire lot. This fee applies only to payments made by PayPal (including credit card payments made through PayPal). 3. This auction closes using the “Double Overtime” method, with a 15-minute rule for the entire auction. In order to bid on an item during the extended bidding session beginning on the date of the auction close, you must place at least one bid on that item prior to 9:00 PM Eastern on the auction closing date. If you do not bid on it by 9PM Eastern on the closing date, you cannot bid on it afterward. To ensure that everyone gets a chance to bid, we will apply the 15-minute rule to the entire auction beginning at 9PM, with the clock resetting every 15 minutes. Bidding continues until no bids have been placed in the entire auction for a full 15-minute interval. As long as there is at least one lot that receives a bid during a 15-minute interval, the entire auction will extend for 15 minutes. Once a 15-minute interval passes without a bid on any item in the auction , the auction will close. At 1:00 AM Eastern, any item that has not received a bid for one hour or more will close without notice. The remaining items will enter “Double Overtime,” with the 15-minute rule applied to the remaining lots. NOTE: There are no exceptions to this. If an item is closed, it is closed and we cannot accept additional bids. This auction may close without notice at any time once the Extended Bidding period begins. We do not guarantee that bidders will receive a “Fair Warning” notice before the auction closes. 4. Winning bids will be subject to additional charges for packing, shipping and insurance. We do not make profit on shipping. As a convenience, we now offer a standardized schedule for packing and shipping, based on the total invoice amount. This standardized schedule is $12 per invoice valued at less than $750; $20 per invoice valued between $750 and $5,000; $30 per invoice valued between $5,000 and $10,000; $40 per invoice valued between $10,000 and $50,000; and $75 per invoice valued greater than $50,000. Bidders who win three or fewer graded cards valued at less than $400 in total may request USPS First Class shipping in a padded mailing envelope for $5, provided that they assume all risk of loss or damage. There are exceptions to the standardized shipping schedule in instances of shipments outside the continental US, or in the instance of large, heavy or fragile items that require special packing or shipping carrier (for example, stadium seats, oversized and framed items, large lots or graded sets), or oversized items such as bats or pennants. Such lots will be identified in their descriptions. ALSO NOTE THIS EXPLANATION OF HOWOUR SHIPPING WORKS: We primarily use the USPS and FedEx for shipping, and generally adhere to the following rules: • If your package is valued at $400 or less, we ship via USPS Priority Mail. • If your package is valued above $400, we ship via USPS Priority Mail with a signature confirmation requirement, USPS Express Mail, or Federal Express, at our discretion. • Oversized packages are shipped FedEx Ground. We generally do not use UPS, as we no longer trust their ability to safely move packages from Point A to Point B without damage or loss, and our experience has been that they do not guarantee their service. Please note, however, that the method of shipping is AT OUR DISCRETION, and we can choose whichever method we feel best fits the item we are shipping. WE DONOT CHARGE YOU FOR INSURANCE. We have a blanket policy that we have to buy, regardless of whether or not you win anything, and shipping is included in that policy, so we do not think it’s fair to make you pay for insurance.
We pride ourselves on packaging all items very carefully and diligently, but cannot honor special packaging and shipping requests. Please bear this in mind when bidding. WE DO NOT SHIP IN PADDED ENVELOPES, EXCEPT UNDER THE CIRCUMSTANCE INDICATED ABOVE. We generally ship in corrugated boxes, typically wrapped in heavy-duty bubble wrap with other ultra- protective packaging inside. As a result, we cannot reduce your shipping cost. It’s expensive to ship! 5. Residents of Illinois, New Jersey and New York are subject to sales tax on purchases unless we have a valid resale certificate on file. We reserve the right to modify our sales tax policies, even mid-auction, as the laws and our responsibilities are currently changing. 6. We accept Paypal, Check or Money Order. We no longer accept direct credit card payment, though you can pay by credit card through PayPal. By special arrangement we can accept payment by wire transfer. REGISTRATION AND CONSIGNMENT 7. In order to bid, you must be a registered bidder. In order to register, visit www.loveofthegameauctions.com and complete the bidder registration. Bidders are required to provide at least one hobby reference in order to register, and registrations are approved manually by management. Thanks to some non- paying bidders, we no longer accept registrations the day of the auction, because we cannot check references when other businesses are closed. Also please note that if “eBay” is your hobby reference, you must provide your eBay ID. By “hobby reference,” we are referring to an individual business entity (for instance, card dealer, auction house, etc) with whom you have done business as a buyer. All registrants must be 18 years of age. Love of the Game reserves the right to refuse any bidder registration or any consignment, for any reason. Registering to bid means you agree to these terms and conditions. 8. Bids can be placed online at www.loveofthegameauctions.com by registered bidders, or by phone at (845) 750-6366. Phone bids will be made by proxy, by Love Of The Game Auctions staff acting on your behalf as quickly as possible. We promise that we will execute these bids as quickly as possible but cannot take responsibility for internet bids that are placed by other users prior to executing a telephone bid. We also cannot take responsibility for busy phone signals or slow internet connections. 9. We reserve the right to withdraw any item from the auction at any time during the auction, for any reason. This includes after the close of the auction, in the event that there are issues or questions with title, authenticity, clerical error, untimely bid, untimely payment, or other issues related to human or mechanical error. 10. Love of the Game Auctions wishes to conduct a reputable auction with reputable collectors and consignors. As such, Love of the Game Auctions reserves the right to refuse to accept bids or approve bidders for any reason. Similarly, Love of the Game Auctions reserves the right to refuse or withdraw consignments for any reason. PARTICIPATION IN THE AUCTION 11. A bid is a financial commitment, and bidders are responsible for the accuracy of their bids. Once you place a bid, it cannot be retracted. If you’ve got questions about how to bid, please contact us PRIOR TO PLACING YOUR BID. Bidder error does not constitute a reason to retract bids, nor does a lack of understanding of the auction rules. You are required to read and agree to these rules prior to placing a bid. If you have a question, please ask before bidding. YOUR BIDS MAY NOT BE RETRACTED UNDER ANY CIRCUMSTANCES. Your bid is binding and cannot be retracted. This includes max bids. 12. 12. Bid increments are as follows: Last Bid Bid Increment $0-49 $5 $50-199 $10 $200-499 $25 $500-$999 $50 $1000-2499 $100 $2500-4999 $250 $5000-9999 $500 $10,000-34,999 $1,000 $35,000+ 5%
LOVEOFTHEGAMEAUCTIONS.COM 2
Made with FlippingBook - Online magazine maker