Bidding Increments
| From: | To: | Increment: |
|---|
| $0 | $99 | $5 |
| $100 | $999 | $20 |
| $1,000 | $2,999 | $25 |
| $3,000 | $3,999 | $50 |
| $4,000 | $4,999 | $100 |
| $5,000+ | | $200 |
Condition of Sale
Lot Numbers Approx. Time it will show up in Auction floor
6001 - 6052 5:00 AM - 6:00 AM
6053 - 6104 6:00 AM - 7:00 AM
6105 - 6156 7:00 AM - 8:00 AM
6157 - 6208 8:00 AM - 9:00 AM
6209 - 6260 9:00 AM - 10:00 AM
6261 - 6312 10:00 AM - 11:00 AM
6313 - 6364 11:00 AM - 12:00 PM
6365 - 6416 12:00 PM - 1:00 PM
6417 - 6468 1:00 PM - 2:00 PM
6469 - 6520 2:00 PM - 3:00 PM
6521 - 6572 3:00 PM - 4:00 PM
6573 - 6624 4:00 PM - 5:00 PM
6625 - 6676 5:00 PM - 6:00 PM
6677 - 6728 6:00 PM - 7:00 PM
6729 - 6780 7:00 PM - 8:00 PM
6781 - 6832 8:00 PM - 9:00 PM
6833 - 6884 9:00 PM - 10:00 PM
6885 - 6936 10:00 PM - 11:00 PM
6937 - 6988 11:00 PM - 12:00 AM
Winners will be notified after the auction ends and once all bids have been processed to determine the winner for each lot
As used herein the term "bid price" means the price at which a lot is knocked down to the purchaser and the term "purchase price" means the aggregate of
(a) the bid price,
(b) A PREMIUM PAYABLE BY THE PURCHASER OF 15% & 5% (Invaluable.com Live Fee)
(c) California state or local sales tax.
(d) Shipping & Handling cost
Placing a bid is a legally binding obligation. There are no returns or exchanges. USJL is not responsible for any errors or omissions in the description, graphics or photography provided or in the bidding software. Due diligence to verify the condition and description of a lot is the sole responsibility of the Bidder prior to placing any bid. Returns may only be made with the advance written authorization of USJL and are in USJL's sole discretion to approve. To request a return you must provide a written request fully explaining the basis for the return no later than 3 days after your receipt of the lot. Under no circumstances will any amounts other than the winning bid amount be refunded. A restocking charge of 30% of the full invoice amount may apply in USJL 's sole discretion. Any allowed returns must be received in exactly the same condition as when originally shipped to Buyer, or they will be returned to buyer at Buyer's cost. Any unauthorized returns will be refused. DELIVERY REFUSAL OF ITEMS SHIPPED BY US JEWELRY LIQUIDATION TO THE BIDDER CONSTITUTES AN UNAUTHORIZED RETURN IN DIRECT VIOLATION OF THESE GENERAL TERMS AND CONDITIONS. WE RESERVE THE RIGHT TO ACCEPT OR DENY ANY BID PLACED EITHER IN INVALUABLE.COM OR EBAY.COM. IF YOU DO NOT AGREE WITH THIS TERMS, PLEASE DO NOT BID.
Payment Terms
Payment of the winning bid amount, buyer's premium and shipping/handling charges will be made at the time the auction is reconciled and invoiced (email) by USJL, All payments are due at the time the auction is invoiced by USJL. All other payments are required to be received by the 4th day's mail delivery following the invoice being sent by email. In consideration of USJL's approval of the application of the Bidder to bid in USJL's auction, Bidder hereby authorizes HSJ USA, Inc. to charge the credit card currently or previously on file provided by Bidder as specified herein. A $50 handling fee will be assessed for each declined credit card transaction and Bidder agrees to such charge. Requests for other payment arrangements will only be considered prior to the opening of bidding in any auction.
Shipping Terms
We provide handling, packing and shipping services solely as a convenience for our Bidders. Because Bidders most often opt for these services, we include an ESTIMATED AMOUNT in the auction invoice.
We ship primarily by USPS priority mail within a commercially reasonable time following credit of the Bidders payment to our account. On average, a Bidder may expect to receive their items within 4 weeks following their payment. The actual cost of shipping, insurance, registry and confirmation services is charged to the Bidder, as well as a packing/handling fee not to exceed $3 per item, to defray the cost of labor involved. Large, heavy, fragile, or otherwise unusual items will incur additional charges. Under special circumstances, USJL may ship items using USPS Express Mail, private carriers or pack and ship enterprises, the cost of which shall be charged to the Bidder. USJL will not entertain shipment using lower classes of mail due to the increased risk of loss. Requests earlier shipment or special handling may be accommodated on a limited basis at USJL's sole discretion and may incur additional handling charges. All costs charged to a Bidder's original invoice are estimates and USJL reserves the right to charge additional amounts if such estimates are exceeded and Bidder hereby agrees to such additional amounts. USJL may, at its sole discretion, combine the shipment of items from multiple auctions over a 7-day period to reduce shipping costs.
All US domestic shipments are insured at the total bid amount contained in the shipment (other add-on charges are not covered by insurance). The estimated cost of insurance is included in the Bidder's invoice.
Shipments to Hawaii, Alaska, US Territories and Foreign Countries - Shipping and handling charges to these locations are higher and often require registry or express mail. Insurance coverage to foreign locations may also be limited by the shipping carriers. USJL will ship items to foreign locations using the same classes of mail and additional postal services that it uses to ship to US locations, to the extent that such services are available, and, insurance coverage may be limited or unavailable. IT IS THE FOREIGN BIDDER'S OBLIGATION TO BE AWARE OF AND INSTRUCT USJL REGARDING ANY ALTERNATIVE SHIPPING ARRANGEMENTS WHICH MAY BE DESIRED TO INCREASE INSURANCE COVERAGE. USJL will not be liable for any shortfall of insurance either on foreign shipments or on the non-coverage of additional invoice charges exceeding bid amounts.
Foreign Bidders are solely responsible for the compliance with all export and import requirements of the items they purchase, both out of the US and into their country of delivery. To the extent that USJL is required to assist foreign Bidders in these matters, the labor cost incurred in by USJL will be billed at $30 per hour.
Storage fees of $5 per day per item will apply to all items held for any Bidder after the normal shipment date due to circumstances existing at the Bidder's delivery location.
Our responsibility for damage to or loss of any lot ends once it has been turned over to the USPS, or other shipping enterprise for delivery and/or packing. By bidding, the winning Bidder agrees that any and all claims for loss or damage to the lot will be handled solely through the insurance claims process or the carrier and acknowledges that insurance may be subject to deductibles or other limitations which are not the responsibility of USJL.
No items will be shipped to any Bidder for any particular auction until all charges for the auction have been paid in full and all funds have cleared. Even if paid in full, no items will be shipped to any Bidder for any particular auction if the Bidder has any balances with USJL from other auctions which are not in compliance with the provisions of PAYMENT above, until such balances are paid in full and all funds have cleared. USJL may, at it's sole discretion, require any Bidder to return a signed sales receipt prior to shipping.
Buyer's Premium
A Buyer's premium amounting to 15% of the winning bid amount will be added to the purchase price of each lot plus 5% Auctionzip.com/Invaluable.com Live fee. The winning bidders acknowledge and agree to pay a total of 20% premium on top of the winning bid price.
CA Sales Tax
23. GST
23.1 Interpretation
Words or expressions used in this clause 23 that are
defined in A New Tax System (Goods and Services Tax)
Act 1999 have the same meaning.
23.2 GST and amounts payable to the Company:
(a) All amounts owing by the Seller to the Company
(including, without limitation, the Seller's Commission,
the Offer Fee, the Insurance Fee, and Expenses) under
this agreement do not include GST. If and to the extent
that any amount owing by the Seller to the Company is
consideration for a taxable supply by the Company, the
amount shall be increased by an amount equal to the
GST payable by the Company on that supply.
(b) All amounts payable by the Buyer to the Company
under this agreement (including, without limitation, the
Premium) do not include GST. If and to the extent that
any amount payable by the Buyer to the Company is
consideration for a taxable supply by the Company, the
Buyer must pay to the Company, an additional amount
equal to the GST payable on the supply.
23.3 GST and amounts payable to the Seller
(a) The Seller must, on or before the date of the Sale,
notify the Company whether it is registered for GST,
and if so, must provide its ABN to the Seller at the same
time.
(b) If the Seller notifies the Company that it is
registered for GST in accordance with clause 23.3(a):
(i) the Seller authorises the Company as its agent, to
issue a tax invoice to the Buyer in respect of the Sale of
any Lot which is a taxable supply; and
(ii) on payment of the Sale Proceeds to the Seller in
accordance with clause 10, the Company will:
(A) notify the Seller of the amount of GST included
in the Sale Price for the Lot to enable the Seller to
determine its GST liability on the Sale; and
(B) give the Seller a tax invoice for any taxable
supply made by the Company to the Seller under this
agreement (including, without limitation, any supply
for which the Seller's Commission, the Offer Fee,
the Insurance Fee, and Expenses are consideration)
including any amounts payable on account of GST in
accordance with clause 23.2(a).
23.4 GST on sale of Lot to Buyer
(a) The Sale Price is inclusive of GST (if any) and shall
not be increased any further for any GST payable by the
Seller in respect of the Sale.
(b) If the Seller has informed the Company that it is
registered for GST in accordance with clause 23.3(a),
the Company will, upon request by the Buyer or
otherwise at its discretion, issue a tax invoice to the
Buyer showing:
(i) the amount of GST included in the Sale Price; and
(ii) any amounts payable by the Buyer to the Company
in consideration for any taxable supply made by the
Company to the Buyer under this agreement and any
GST payable on the supply in accordance with clause
23.2(b).
(c) If the Seller does not inform the Company that it
is registered for GST in accordance with clause 23.3(a),
the Sale will be presumed not to be a taxable supply,
and the Company will only issue a tax invoice for any
taxable supply made by the Company to the Buyer
under this agreement (including, without limitation, any
taxable supply for which the Premium is consideration
and any amounts payable on account of GST payable
on that supply in accordance with clause 23.2(b)).
(d) A Buyer of a Lot sold by a GST registered Seller
that is subsequently exported from Australia may be
able to claim a refund from the Company for any GST
included in the Sale Price of a Lot if, within 60 days of
the Sale, the Buyer provides the Company with:
(i) all relevant shipping documents confirming that
the goods have been exported from Australia; and
(ii) evidence to the reasonable satisfaction of the
Company that the Buyer is not registered or required
to be registered for GST in Australia.
However, the Company need not refund any GST
amount to the Buyer under this clause, unless and until
it receives a refund of this amount from the Seller.
23.5 Obligations of non-resident Sellers
(a) This clause 23.5 only applies to Sellers that are nonresidents
of Australia.
(b) The Seller must, on or before any Lot is imported
into Australia for Sale, notify the Company as to:
(i) whether the Seller will be selling the Lot in the
course of carrying on an enterprise; and
(ii) whether the Seller is registered for GST in Australia.
(c) The Seller acknowledges and agrees that the
Company has the right to deduct and retain from the
Sale Proceeds, an amount equal to any GST for which
the Company is or becomes liable to pay in respect
of the importation or Sale of a Lot, including, without
limitation, any GST payable pursuant to Division 57 of
the GST Act.
23.6 Reimbursements (net down)
If a payment to a party under this agreement is a
reimbursement or indemnification, calculated by
reference to a loss, cost or expense incurred by that
party, then the payment will be reduced by the amount
of any input tax credit to which that party is entitled on
the acquisition of the taxable supply to which that loss,
cost or expense relates.
Appraisal & Estimates
High and low estimates are provided solely for comparison purposes and USJL makes no warranties of any kind relating to them.
Any appraisals or evaluations provided are solely for the convenience of the Bidder and USJL makes no warranties of any kind relating to them. Appraisals may include valuations which reflect the full, highest retail price of the item in a specific geographic region, the item's insurance replacement value, or both. No price estimate or appraisal value should be considered to represent the investment or resale value of the item. Such values are to be solely based on the due diligence evaluation of the Bidder absent any estimate or appraisal value presented.
In the event that an item is listed as having an "Appraisal Estimate", this represents USJL's in-house estimate of what the item would appraise for. Actual appraisal of the item is the responsibility of the Bidder.
