Conditions of Sale
Pfeffers Auctions implement a buyer's premium of 15% which is inclusive of GST.
When purchasing through www.invaluable.com a 5% transaction fee is applied by the Invaluable platform.
When purchasing through www.pfeffersauctions.com.au a 2% transaction fee is applied by the Invaluable and AuctionZip platform.
Pfeffers Auctions accept major credit cards or bank transfer.
All items must be paid for in full within 7 days of purchase.
The Auctioneer has the right to:
To refuse any bids.
To advance the bidding at his absolute discretion.
To place a reserve on any Lot.
To bid on behalf of any prospective purchaser with or without disclosure.
To withdraw any Lot for sale, for any reason whatsoever including but not limited to if the Lot is incorrectly described, is incorrectly priced or is unavailable.
To require a successful purchaser to pay forthwith the whole or part of any of the purchase price.
To refuse any person or persons admission to or eject them from the auction site.
The highest bidder shall be the purchaser and in the event of any dispute arising, unless one of the claimants will advance the lot shall be put up again and resold. The Auctioneer's decision shall be final.
Should a person be successful in bidding on an item, the winning bid shall bind and constitute the purchaser to the lot sold. This person is required to complete full payment for the lot/s within 7 days of the auction date.
The purchaser acknowledges that the Auctioneer acts as the agent of the owner of the Lot or as the owner of the Lot in its own right and as such neither the Auctioneer in either capacity (as the case may be) or the owner of the Lot shall be responsible for any defects or faults in respect of any Lot. All Lots are open for inspections prior to sale and it is the prospective purchaser's sole responsibility to inspect such Lots prior to the commencement of the auction.
As from the fall of the hammer all risks in relation to the Lot passes to the successful purchaser notwithstanding that the title to the Lot sold remains with the owner until such time as payment for the Lot has been made in full.
No refunds or exchanges will be given over change of mind after the bidding has ended and the item won by highest bidder. If however, within 7 days after the auction the Auctioneer shall receive from the successful purchaser notice in writing accompanied by the written opinion of a competent expert or authority that the Lot purchased is not as described in the catalogue or as represented by the Auctioneer then the Auctioneer will within 7 days of receipt of such notification refund to the successful purchaser the full purchase price paid subject to the return of the Lot purchased in the same condition and state of repair including any certificates, packaging and other materials provided as at the time of bidding and subject further to the Auctioneer being satisfied as to the validity of the claim.
The purchaser understands that:
If the purchaser fails to pay as herein provided, the purchaser shall remain liable for the amount of the successful bid plus the buyer's premium, until such payment is made in full, any deposit will be forfeited. The party named on the registration form shall be deemed to be the purchaser unless the Auctioneer is prior to the commencement of the auction provided with written evidence that the party is acting for and on behalf of a principal and shall supply the full name and address of the principal.
All affected parties agree that:
The finalization of the bidding process means such time as a purchaser has bid for a particular Lot and the Auctioneer has acknowledged that purchaser as being the successful purchaser at which time a binding contract subject to these terms and conditions has been entered into. Auctioneer means Pfeffer's Auctions ABN 91 010 104 864 trading Pfeffer's Auctions and any of its associated and subsidiary companies and entities or their duly appointed employees, servants and agents. Lot means any lot or lots for sale either individually or as a group at the Auctioneer's sole discretion.
Each Lot in the catalogue is given a low and high auction estimate representing that range which, in the opinion of Pfeffer's Auctions, represents a fair and probable auction value. When possible, the estimate is based on previous auction records of comparable property, condition, rarity & quality. The estimates are often determined several weeks before a sale and are therefore subject to change upon further research of the item, or to reflect market conditions or currency fluctuations. Estimates are subject to revision. Actual prices realised for items can fall below or above this range. An estimate of the selling price should not be relied on as a statement that this is the price at which the item will sell or its value for any other purpose.
If for any cause a purchased Lot cannot be delivered in as good condition as at the time of sale, or should any purchased Lot be stolen or undelivered or lost prior to delivery, Pfeffer's shall not be liable for any amount in excess of that paid by the purchaser.
The purchaser agrees that these Terms and Conditions and any claim and any dispute between the Auctioneer, purchaser or any other relevant party, shall be construed by the laws of the country in which the auction takes place, unless otherwise expressly nominated by the Auctioneer in its sole discretion.
The provisions contained in each Clause of these Conditions of Sale, and any part thereof, shall be enforceable independently of the remainder of these Conditions of Sale and its validity shall not be affected if any other part is invalid to any extent.
Shipping Terms
Pfeffers Auctions provide fast in-house handling of packages. You can generally expect your package to be packed and shipped within 1-2 days of payment.
Our shipping and handling fees are $20AUD for express postage Australia-wide & $60AUD for express international postage.
Note: These shipping and handling rates apply to jewellery and other small items. For larger/bulkier items such as art, furniture etc. the customer is required to organize collection of their purchases either by themselves or a 3rd party carrier service.
