Name 26th Annual Bicycle Auction April 2017
Auctioneer Copake Auction Inc.
Type Internet Absentee Bidding
Date(s) 4/22/2017
Preview Date/Time Thursday April 20, 11-5PM – Friday April 21, 11-5PM – Saturday April 22, 8-9AM
Location PO BOX 47 - 266 Route 7A
Copake, NY 12516
Buyer Premium 17%
Description
Our 26th Annual Auction will feature items from several collections including: The Bob Trimble Collection. Part II of the Jim Carpenter Collection
Terms: Cash - Traveler’s Checks - Visa - Mastercard - Discover 17% buyer's premium 22% buyer's premium for LIVEAUCTIONEERS, INVALUABLE & AUCTION ZIP online purchases First time buyers must establish credit prior to auction to pay by check. Local sales tax: NYS Sales Tax 8% CONDITIONS OF SALE 1. Some of the lots in this sale are offered subject to a reserve. This reserve is a confidential minimum price agreed upon by the consignor & COPAKE AUCTION below which the lot will not be sold. In any event when a lot is subject to a reserve, the auctioneer may reject any bid not adequate to the value of the lot. 2. All items are sold "as is" and neither the auctioneer nor the consignor makes any warranties or representations of any kind with respect to the items, and in no event shall they be responsible for the correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, provenance, period, source, origin or historical relevance of the items and no statement anywhere, whether oral or written, shall be deemed such a warranty or representation. Prospective bidders should inspect the merchandise thoroughly before bidding to determine its condition, size and whether or not it has been repaired or restored. All sales are final & refunds will not be given. 3. The auctioneer reserves the right to withdraw any merchandise before the sale and shall have no liability whatsoever for such withdrawal. 4. The auctioneer will be the final judge as to who is the successful bidder. In the event of any dispute the auctioneer shall at his discretion decide to reopen the bidding or not. 5. As a service to our customers the COPAKE AUCTION will execute absentee bids if so authorized in writing. Absentee bids should be made on the Bidder Form available in the office. This form should be clearly and completely filled out. All absentee bids will be executed competitively during the sale. Items will be purchased for the lowest price possible regardless of the amount of the order bid. Where two absentee bidders bid the same amount the first received will be honored. This service is offered as a convenience and COPAKE AUCTION will not be responsible for any errors or failures to properly execute the bids. 6. On the fall of the auctioneers hammer, ownership to the offered lot will pass to the highest bidder acknowledged by the auctioneer, and as such the bidder assumes full risk and responsibility and will pay the full purchase price of the item (s). 7. All items are subject to a 17% buyer's premium, 22% buyer's premium for LIVEAUCTIONEERS, INVALUABLE and AUCTIONZIP which will be added to the successful bid price and is payable by the purchaser as part of the total purchase price. 8. All items are subject to an 8% sales tax unless the purchaser possesses a sales tax exemption number. 9. All accounts are to be settled by the end of the sale. We do not accept checks from first time buyers unless accompanied with a bank letter of credit or previous approval from the auctioneer. Payment may also be made by cash, Travelers Checks, MasterCard or Visa. 10. All property must be removed from the premises by 10:00 am on the following day after the sale unless other arrangements have been made with the auctioneer. Purchased items will be stored at a Copake Auction facility free of charge for (30) days after the auction. On the 31st day the items will be moved to an offsite storage facility to which they will incur the below fees: Transportation, Handling & Administrative Fees: Small items: $40.00 per lot / Large Items: $65.00 per lot Storage Fees: Small items: $4.00 per day / Large items: $10.00 per day 11. Bidding on any item indicates your acceptance of these terms and all other terms announced at the Auction Gallery.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 10.00 USD
100.01 - 750.00 25.00 USD
750.01 - 1,000.00 50.00 USD
1,000.01 - 3,000.00 100.00 USD
3,000.01 - 10,000.00 250.00 USD
10,000.01 - 10,000.00 250.00 USD
10,000.01 - 15,000.00 500.00 USD
15,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 300,000.00 1,500.00 USD
300,000.01 - 9,999,999.99 20,000.00 USD
Currency USD
Buyer Premium 17%
Payment Terms
Cash - Traveler’s Checks - Visa - Mastercard - Discover 17% buyer's premium 20% buyer's premium for LIVE AUCTIONEERS online purchases 22% buyer's premium for INVALUABLE/AUCTION ZIP online purchases First time buyers must establish credit prior to auction to pay by check. Local sales tax: NYS Sales Tax 8%
Copake Auction does NOT offer any in-house shipping, however our local UPS store makes regular pickups after auctions. We will be happy to assist you with making arrangements for larger items. UPS Store #5539 Brian Cantele 160 Fairview Ave Hudson, NY 12534 T: 518-828-8777 F: 518-822-8727 store5539@theupsstore.com For larger items such as furniture and large bicycles we have a list of recommended shippers on our website http://www.copakeauction.com