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Conditions of Sale

  1. Old Toy Soldier Auctions USA acts as an agent for the seller. The contract of the sale of the property is between the seller and the buyer. No statements made within this catalog or made by a representative of or employee of Old Toy Soldier Auctions shall be deemed to be a warranty, representation, or assumption of liability with respect to the property's age, condition, size, quality, variety, importance, provenance, or historical relevance. All property is sold "as is" 7 days after delivery.
  2. Buyers are responsible for satisfying themselves concerning the condition of the property.
  3. The Auctioneer will be solely responsible for determining the bidding increments.
  4. The Auctioneer will be the final judge in deciding which bidder has won an item. In the event of a dispute, the auctioneer, at his discretion, shall decide whether to reopen bidding or not.
  5. Absentee Bids: We are authorized to execute bids on your behalf if notified in writing or by phone. Complete the enclosed Absentee Bid Form and return to OTS Auctions BEFORE the absentee bid deadline. We cannot accept "Buy" bids. In the event that two identical bids are received, the first bid received by OTS Auctions will have preference.
  6. Phone Bids: Phone bids will be accepted. To qualify for a phone line the same procedure for authorization required for an absentee bid is required. A backup bid in the event a party cannot be reached by phone is not required, but strongly recommended. There are a limited number of phone lines available. In the event that there are more requests than lines available, preference will go to the highest bidding parties. In the event, whether human or technical, that a phone call is not made, disconnected or the bidder can not be reached at the number left, the backup bid will be executed. OTS Auctions cannot guarantee that phone bids will be executed.
  7. All sales are final.
  8. A 23% buyer's premium will be added to all successful bids. Discounted to 20% for check or cash. Purchases through Liveauctioneers.com will incur an additional 3% Buyers Premium. OTS Auctions reserve the right to hold all merchandise paid by check until payment has been cleared by the bank.
  9. In the event property is not paid for in full, OTS Auctions may pursue one or more of the following rights or remedies. A) charge interest at 1.5% per month of the unpaid balance. B) hold the defaulting buyer liable for the total amount due and commence legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law. C) Cancel the sale D) resell the property E) pay the seller the amount up to the net proceeds payable in respect to the amount bid by the default buyer minus one bid. F) Or to take such other action as we deem necessary or appropriate.
  10. OTS Auctions are not responsible for any typographical errors or omissions in this catalog or price key. Photographs in this catalog are of the actual objects being sold but are not shown to scale.
  11. OTS Auctions reserves the right to refuse participation in the sale.
  12. All rights reserved. Entire contents Copyright 2014. OTS Auctions Copyright includes, but not limited to, print, media, microfilm and electronic media, such as CD-ROM's and online computer services.
  13. If any part of these Conditions of Sale are found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
  14. By bidding at auction, by written bid, telephone or other means, the buyer indicates acceptance of these Conditions of Sale.
  15. The rights and obligations with respect to the Conditions of Sale shall be governed by the laws of the state of Pennsylvania.

 

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