Buying at Auction
American Auctions. makes every effort to catalog and correctly describe property to be sold, however, all lots are sold ‘AS IS’ and it is the buyers responsibility to inspect prior to bidding. We try to describe to the best of our knowledge or information provided by the seller list, these descriptions are strictly opinions and not to be used as sole determining factor. Any flaws or imperfections produced in the making are not noted. Expect normal wear and oxidation on antique metal ware; crazing and normal glaze loss on pottery and ceramics. Any additional questions must be made prior to 24 hours before the start of the auction to allow us time to review the items for you. The auctioneers reserve the right to make verbal corrections and provide additional information from the auction block at the time of sale. In all matters, the records of the Auction will be final and all sales are final.
Upon fall of the hammer or said sold, the title and responsibility for each item or lot passes to the buyer. In case of a disputed bid, the Auctioneer, will determine the successful bidder or re-offer and resell the article in dispute.
All buyers must register for a buyer’s number and provide satisfactory identification. There is NO IN HOUSE BUYER’S Premium. A 3% convenience fee will be assessed for all credit/debit card transactions. If you are an online bidder, the buyer’s premium is 15%. We offer a 3% discount to internet bidders who pick up and pay in person using cash or check. New buyers must preregister with American Auctions by calling 563-387-7051 within 24hours of any purchase over $1000.00. BIDS WILL NOT BE ACCEPTED IF NOT REGISTERED IN ADVANCE!! NO EXCEPTIONS!
PAYMENT: Payment must be made prior to removal from the auction center. In house bidders must settle their accounts on the day of sale. Payment from Absentee or phone must be at American Auctions. within TWO (2) days. Failure to do so may result in forfeiture of items.
IN HOUSE PAYMENTS: Cash, checks, (with American Auctions. approval), money orders, traveler’s checks, debit cards, Visa and MasterCard will be accepted. A 3% convenience fee will be applied to credit card payments. No out of state checks will be accepted unless prior approval was given by American Auctions. A $30 fee will be applied to all bad/returned checks.
INTERNET PAYMENTS: All invoices will be emailed to the buyers by the third business day following the auction (usually sooner). The credit card on file with HiBid will be charged following the auction for the total amount due plus shipping fees. We must make contact with you in order to process your credit card so please be sure your contact phone number is correct. If you are a local buyer please contact us via phone, email or in person within 24 hours of the auction ending to make other payment arrangements. Items must be scheduled for removal from our auction facility within three (3) days or be charged a weekly fee of $10.00.
INTERNET BIDDING: . American Auctions will not be responsible for any omissions, errors or slow communications on internet bids. In the event of a tie bid with a floor bidder and an online bidder, the auctioneer will make the final decision. The auctioneer’s decision in this matter is final. Placing prebids or max bids is the surest way to win as the computer then bids for you avoiding delays or unsure internet speeds which may cause a hiccup in live bidding. The internet clerk does NOT see these bids!! There is a 15% buyers premium on all internet bids with a 3% discount offered for pick up and paying cash or check.
ABSENTEE BIDS: We are happy to take your absentee bid if you can not access the internet. A 10% buyer’s premium may be applied to absentee/alt bids. In the event of duplicate in-house absentee bids, the first bid received will take precedence. The auctioneer may reject any bid which he considers to be nominal and not commensurate with the value of the article offered. It is entirely possible to buy items by absentee bid for less than your top bid price as they are handled competitively. All bids are handled in competition with audience on an alternate basis. Due to uncertainties of bidding, a lot may sell to the floor bidder for the same amount as an absentee bid. To prevent this from happening, the absentee bidder can give American Auctions. the right to bid the next higher bid by placing a (+) sign after the bid price. American Auctions. will not be responsible for any omissions when processing your absentee bids. All sales are final and must be paid in full immediately.
REMOVAL & SHIPPING: American Auctions reserves the right to hold merchandise purchased by personal check until the check has cleared the bank, if they deem such action necessary to protect their interest. If shipping is requested by the purchaser, all packing, insurance, and shipping charges will be charged to the Buyer’s credit card. We use the USPS or FedEx for all shipping (not UPS) unless you call us to make other shipping arrangements. For larger purchases freight shipping may be arranged. We are NOT responsible for damaged items during shipping. If you plan to pick up you must notify us within 24 hours of the auction closing. Your items then must be picked up within three (2) days or be charged a weekly fee of $10.00. Items left longer than 10 days will be forfeited and sold at a future auction with all proceeds going to American Auctions
Please note: if you are successful in purchasing items from our auctions, it could take up to three weeks until your items are received due to the volume of items that sell.
YOUR BIDDING ACKNOWLEDGES YOUR ACCEPTANCE OF THESE CONDITIONS OF SALE.