1.The highest bidder is the purchaser. If the auctioneer considers that a dispute has arisen the item or lot will be put up for auction again.

2.Inspection and information requests for all auction items have been made available at viewing periods.

3.Each lot is sold by the seller with all faults and defects therein and with all errors of description and is to be taken and paid for whether genuine and authentic or not. No compensation will be paid for the same.

4.You as the purchaser are buying the items having done your own research and acknowledge that we as Auction Professionals have presented the items to the best of our knowledge.

5.Neither Auction Professionals nor the seller will not be held liable for any possible misrepresentation after the conclusion of the sale process.

6.The seller and Auction Professionals and any employees do not make or give any warranties.

7.Upon bidding, on any items you as the bidder enter a sales negotiation and are required to pay the agreed sum of the bid and any other applicable charges at the conclusion of the sale to Auction Professionals. There are no exceptions.

8.There is a standard 15% buyers premium on all purchases by auction and this includes GST.

9.Any item(s) you win must be paid for before it is removed.

10.Full payment can be made in cash, eftpos, online bank transfer, credit card online and at terminal. Please note all credit card and payWave payments will incur a 3% transaction fee.

11.Pick up is the responsibility of the purchaser. However courier and delivery can be organised at purchaser cost.

12. All payment and pickup must be done within two working days of the auction. Or the items may be relisted and you will have to pay a 15% relisting together with the sum of the bids and the buyers premium.

13. All goods must be picked up within 1 week unless by arrangement or storage fees of up to $10 per lot per day could be charged.

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Last updated 12 December 2023

Auto-Bid Function

Auto-Bid Function Explanation:
The auto-bid function allows the system to bid on your behalf.
It doesn't automatically place your highest bid but follows certain rules.

Example Scenario:
If a Lot is priced at 50(amount) and your auto-bid is set at 450(amount):
- The system won't immediately bid 450(amount).
- Instead, it will start by bidding the next available increment, which is 60(amount).
- If the bid closes at 60(amount) and you're the highest bidder, you win the Lot.
- If someone outbids you at 70(amount), the system will raise your bid to 80(amount).
- This process continues until the system reaches your auto-bid amount.
- If your bid is 450(amount), and someone else's bid is also 450(amount), the system will raise your bid to 450(amount).

Higher Auto-Bid:
If another user sets a higher auto-bid (e.g., 800(amount)), the system will ignore your 450(amount) auto-bid.
The system always favors the user with the highest auto-bid for a specific Lot.

No Consecutive Auto-Bids:
The system won't automatically outbid someone if your auto-bid amount is the same as theirs.
Example 1:
Your auto-bid is 450(amount), and a user bids 350(amount). Your auto-bid raises it to 400(amount). If the next bid is 450(amount), the system takes the user's bid.
Example 2:
If a user bids 400(amount), and your auto-bid is 450(amount), you will be awarded the Lot because your auto-bid is the highest.

Important Note:
Regardless of the item's reserve price, you're responsible for your auto-bid.
If your auto-bid is 5000(amount), and the system reaches that amount through active bids, it will be considered the highest bid.