Auction Terms and Conditions

1. Auction Format:
    a. The auction will be conducted live/in-person and/or online.

2. Buyer's Premium:
    a. A buyer's premium of 5% will be added to the final bid amount for each item sold.
    b. Example: If the final bid is $1,000, the total amount due from the buyer will be $1,050.

3. Seller's Premium:
    a. A seller's premium of 10% will be deducted from the final sale price of the item sold.
    b. Example: If the item sells for $1,000, the seller will receive $900.

4. Registration:
    a. All participants must register prior to the auction.
    b. Valid identification and payment information are required for registration.

5. Bidding Process:
    a. Bidders may place bids in person or online.
    b. The auctioneer reserves the right to refuse any bids deemed inappropriate or not in accordance with these conditions.

6. Payment:
    a. All payments are due no later than 7 days after the close of the auction.

7. Accepted Forms of Payment:
    a. Cash in office.
    b. Bank Wire Transfer in CHF, EUR, or USD.
    c. Account Credit/Debit cards (a credit card fee of 3% applies).

8. Item Condition:
    a. All items are sold as-is, with no guarantees or warranties.
    b. Bidders are encouraged to inspect items prior to bidding.

9. Disputes:
    a. In the event of a bidding dispute, the auctioneer has the authority to determine the resolution, which may include re-offering the item.

10. Transfer of Ownership:
    a. Ownership of items is transferred to the buyer upon receipt of full payment.

11. Changes to Conditions:
    a. The auctioneer reserves the right to modify these conditions at any time, with notice to participants.