Bottle Auction Rules and Bidding Methods
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- BOTTLEAUCTION.COM USES THE AUTOMATED PROXY BIDDING SYSTEM
- You may see current bid standings and place bids 24 /7 on-line at
www.bottleauction.com
- Here's how proxy bidding on bottleauction.com When you place a bid, you
enter the maximum amount you'd be willing to pay for the item. Your maximum
(proxy bid) amount is always kept confidential from other bidders and the
general public. The automatic bidding system compares your bid to those of the
other bidders. The system places bids on your behalf, using only as much of your
bid as is necessary to maintain your high bid position (using the next increment
factor, you will out bid the next lowest bidder by the next increment). The
system will automatically bid for you up to your maximum amount. Only the
current high bid on any lot will be disclosed by the auctioneer, not the top
proxy bid. In the event of tied bids, the earliest received bid will be adjudged
the high bidder.
- All auctions have an activity feature. This means a bid comes in less than
closing prior to closing time, the bids will extend that lot closing time for an
additional 5 minutes, plus the remainder of that minute fraction. There is no
limit as to how many 5-minute extensions may occur. When no bidding occurs for 5
minutes prior to the printed or extended closing time, the lot will then hammer
to the highest bidder.
- California State sales tax may be added to your invoice if the item is
being shipped to a destination in Calif. Dealers w/resale # are exempt.
- All lots are guaranteed authentic and to be accurately described as to
condition. Any purchase may be returned within ten (10) days if inaccurately
described. All returned lots must be insured for the sale value against damage
or loss and be returned to us in the same condition as when shipped. Any and all
disputes must be made within 10 days of the buyer receiving the lot. After that
10 day period all sales will be considered final. Buyers remorse is no a valid
reason for return. Accurately described lots are not returnable.
Bottleauction.com makes every effort to accurately describe each item listed;
all items are guaranteed to be as described. Any condition such as manufacturers
flaws that in our opinion does not detract from the item monetarily value will
not be viewed as a justifiable reason for return. returns must be recieved no
more than 30 days after the auctions end. Any lot returned after the 30 days
after auction closing date not be accepted as there is a 30-day return policy
strictly enforced. All credit or returns will be less shipping charges.
- Payment is due upon receipt of the invoice and due 14 days thereafter. Lots
will be shipped only after payment is made in full. Bidder forfeits all claims
on lots left unpaid after the net 14 day period.
- Bottleauction.com reserves the right to withdraw any lot for any reason at
any time prior or during the auction. We are not responsible for any
typographical errors either in the on-line catalogue or in the printed
catalogue. In the event of a system failure or loss of Internet connection,
Bottleauction.com reserves the right to postpone the closing time and date of
any unsold lots or in some rare instances close out the auction and re-list the
item in the next auction round. We will make every effort to execute absentee
bids at the bidders request faithfully and to the best of our ability, but we
assume no responsibility for errors, deletions or omissions.
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