Auction Terms & Conditions BIDDER TERMS AND CONDITIONS
We advise all bidders to read the Terms and Conditions of the Sale before bidding with Mark S Knoch Auction Servics, LLC. Those who bid are bound by those Terms and Conditions of the Sale, as amended by any oral announcement or posted notices, which together form the contract of the sale between the successful bidder (purchaser), Mark S Knoch Auction Services, LLC and the seller (consignor) of the lot.
TERMS OF SALE
When bidding on any lot offered by Mark S Knoch Auction Services, LLC, the bidder indicates acceptance of the following Terms of Sale. Any participation in the auction binds you to agreement of these terms whether or not you read or understand said terms.
CONDITION OF ITEMS
Mark S Knoch Auction Services, LLC makes every effort to accurately describe all items offered in its sales, however all items for sale are 'as is,' and it is the bidder's responsibility (present or absentee bidders) to determine the exact condition of each item. Mark S Knoch Auction Services, LLC will not be held responsible for typographical errors. Neither we nor the consignor make any guarantees, warranties, or representation expressed, or implied, in regard to the property or the correctness of the catalog or other description of the authenticity of authorship, physical condition, size, quality, rarity, importance, provenance, exhibition, literature or historic relevance of the property or otherwise. No statement anywhere whether oral or written, shall be deemed such a guarantee, warranty or representation. Prospective bidders should inspect the property before bidding to determine its condition, size and whether or not it has been restored. The consignor and we make no representation or warranty as to whether the purchaser acquires any reproduction rights in the property. Returns will not be accepted under any circumstances. All items will be available for preview the morning of the auction.
BIDDING RIGHTS & RESPONSIBILITIES
The auctioneer will determine the highest bidder. The auctioneer alone has the right to reopen the bidding of an item if deemed necessary due to a dispute. If there is a tie bid between the floor and Internet or absentee bid, the floor bid takes precedence. Mark S Knoch Auction Services, LLC and its representatives reserve the right to remove those attendees who impede preview and/or the auction. Title to all merchandise shall pass to the highest bidder at the fall of the auctioneer's hammer. The buyer will then assume all risk and full responsibility of the lot purchased once ownership has changed.
Mark S Knoch Auction Services, LLC will accept absentee bids if pre-authorized by mail or e-mail. If there are two (2) identical bids placed on the same item, priority will be given to the first bid received.
Bidders may preview, register and place bids online through our website. Online absentee bidding through Mark S Knoch Auction Services, LLC is available. Absentee bids placed through our website will be auto charged to the credit card entered within 24 hours after the end of the sale. Seller(s) agree to allow the Auctioneer to accept and execute absentee bids in a competitive manner for potential buyers and under the Mark S Knoch Auction Services, LLC absentee bidding terms and conditions. During the live sale, the auctioneer will execute your absentee bid competitively up to the maximum amount you have indicated.
If there is a tie bid between the internet bidding and the floor, the floor bid takes precedence. Mark S Knoch Auction Services, LLC reserves the right to use and charge the credit card if the winning bidder has not paid immediately following the auction.
The majority of our items are unreserved, but occasionally items may carry a moderate reserve. Please note that when a lot carries a reserve, the reserve is usually somewhere below our low estimate. In the case of a reserved item, the seller has authorized the auctioneer to bid on their behalf until the reserve price is reached.
A 3% buyer's premium will be added to all successful floor bids paid by credit card and a 5% buyer's premium will be added to all successfull internet bids. The buyer's premium is payable by the purchaser as part of the total purchase cost.
All merchandise must be paid in full immediately following the sale unless other arrangements have been made. Absentee bids placed through our webssite will be auto charged to the credit card entered within 24 hours after the end of the sale. If you wish to pay by another method please contact us before the day of the auction. We accept Visa, MasterCard, Discover, personal checks/ certified checks, money orders, and cash.
CHECK - There will be a $30.00 service charge for returned checks. Make checks payable to: Mark S Knoch Auction Services, LLC. Mark S Knoch Auction Services, LLC reserves the right to hold items paid for by personal or company check until said check clears (14 days). Customers who have an established successful buying history with Mark S Knoch Auction Services, LLC may be exempt from this. In the few situations where a successful bidder does not remit payment when due, Mark S Knoch Auction Services, LLC will proceed with the legal steps necessary to protect its interests and will block the bidder from future auction participation.
BIDDERS PRESENT AND TAKING ITEMS AFTER AUCTION
Items paid for must be packed, transported and/or removed by the purchaser at his/her own risk after the close of the sale. If any employee or agent of Mark S Knoch Auction Services, LLC shall pack or transport the merchandise, it is fully at the risk and responsibility and expense of the purchaser. Mark S Knoch Auction Services, LLC shall not be held liable for any loss or damage that may be caused by the said agent or employee.
BIDDERS NOT PRESENT
Arrangements must be made immediately following the auction with the auctioneer to schedule pick-up of purchased items.