Terms and Conditions:
GENERAL CONDITIONS OF BUSINESS
1.1 LBJ Auctions acts as the agent of the Seller in relation to the sale of a Lot and is not responsible for any default by the Seller or the Buyer.
2.1 LBJ Auctions has absolute discretion to refuse any bid, to divide any Lot, to combine two or more Lots, to withdraw any Lot from Sale and, if there is a dispute or the Auctioneer or LBJ Auctions is of the opinion that there has been a misunderstanding or mistake regarding a Sale or a Lot the subject of a Sale, to rescind the Sale and put any Lot up for a Second Auction.
2.2 If a Sale is rescinded, LBJ Auctions may:
(a) put the Lot up for a Second Auction at a subsequent Sale; or
(b) offer the Lot for sale by private treaty; or
(c) withdraw the Lot from sale.
3.1 LBJ Auctions shall be under no liability for any injury, damage or loss sustained by any person while on the premises or any Sale premises or where a Lot, or a part of a Lot, may be on view from time to time.
4.1 Buyers need to satisfy themselves that all Lots are sold on an 'as is' basis and it is the responsibility of all prospective Buyers to examine a Lot prior to the Sale and to satisfy themselves as to the condition of the Lot and that the Lot matches any written or oral description provided by the Seller or LBJ Auctions.
4.2 All descriptions provided by the Seller or LBJ Auctions are subject to any statements made by the Auctioneer from the rostrum prior to any bid being accepted for the Lot and any illustrations in the Catalogue are solely for the guidance of prospective Buyers and should not be relied upon in terms of tone or colour or necessarily to reveal imperfections in any Lot.
5.1 Unless otherwise stated in the Catalogue, the Buyer shall pay LBJ Auctions the buyers Premium clearly written on each auction. The Buyer acknowledges that the Company may also receive a Seller's Commission
6.1 Any Estimated Selling Range given by LBJ Auctions is a statement of opinion and should not be relied upon as a representation as to the Sale Price a Lot may achieve at a Sale.
7.1 If there is an Agreed Reserve:
(a) it may only be changed with the written consent of LBJ
(b) only the Auctioneer may place a bid on behalf of the Seller;
(c) neither the Seller nor any person on the Seller's behalf may bid on the Lot;
(d) if the Auctioneer is of the opinion that the Seller or a person on the Seller's behalf may have bid on the Lot, the Auctioneer may knock down the Lot to the Seller without observing the Agreed Reserve and the Seller shall pay to the Company the Premium in addition to the Seller's Commission and Expenses.
8.1 The Auctioneer may knock down a Lot to the person who, at his or her absolute discretion, he or she believes is the highest bidder acceptable to LBJ Auctions , subject to any Agreed Reserve. Any dispute may be determined by the Auctioneer at his or her absolute discretion and the decision of the Auctioneer shall be final.
8.2 Every bidder shall be deemed to act as principal unless prior to the commencement of the Sale there is a written acceptance by LBJ Auction that the bidder is acting on behalf of a third party and that the bidder is not personally liable.
8.3 No person shall be entitled to bid at a Sale without first having completed and delivered to the Company a bidder registration form acceptable to LBJ Auctions and the registration form will include an acknowledgement by a bidder that they are bound by these Conditions.
8.4 LBJ Auctions is the agent of the Seller, not the Buyer, and it is not intended that there be any legal relationship between LBJ Auctions and the Buyer.
9.1 An absentee bidder may make an absentee bid in the form of written instructions directing LBJ Auctions to bid on one or more Lots up to a maximum amount specified for each Lot. LBJ Auctions will execute the absentee bid at the lowest possible price taking into account the Agreed Reserve and other bids. There is no charge for this service. If identical bids are left by two or more parties, the first bid received by LBJ Auctions will take first preference. The Auctioneer may execute bids for absentee bidders directly from the rostrum, clearly identifying these as absentee or commission bids.
9.2 LBJ Auctions is prepared to execute telephone bids on behalf of prospective Buyers who are not at the auction at no charge on the condition that the prospective Buyer acknowledges that taking instructions by telephone in the course of an auction has inherent risks (such as possible miscommunication, misunderstanding or other problems caused by a telecommunications fault or failure including a mobile telephone connection failing).
9.3 LBJ Auctions shall not be responsible for any errors or omissions in connection with the execution of absentee or telephone bids.
10.1 At that same time that a prospective Buyer registers to bid he or she must give LBJ Auctions his or her name and address and, if requested by LBJ Auctions, banking or other suitable references or identification and an acknowledgement that they have read and agreed to be bound by these Conditions.
10.2 The Purchase Price must be paid to LBJ Auctions not later than 4.00 pm on the 3rd day after the Sale unless otherwise stated in the Catalogue.
10.3 Full payment for all Lots must be made to the Company by cash, electronic funds transfer or approved credit card.
11.1 No Lot may be collected until the full Purchase Price has been received by LBJ Auctions unless prior arrangements in writing have been made with LBJ Auctions before the date of the Sale, provided always that ownership of the Lot will not pass to the Buyer until cleared funds in payment of the full Purchase Price have been received by LBJ Auctions.
Free Express Delivery With Insurance Australia Wide – NATIONWIDE FREE DELIVERY
All items can be picked up once funds have cleared. Please email ryan@luxurybrandjewellery.com if you would like to book in an appointment time to collect your winning jewellery lot in person.
If you would like us to ship/courier your item, please contact ryan@luxurybrandjewellery.com and we will have it sent via express post fully insured to ANYWHERE IN THE WORLD.