PLEASE READ ALL OF THESE TERMS AND CONDITIONS PRIOR TO REGISTRATION AND BIDDING: As a registered bidder within this auction, you hereby accept the terms and conditions within. This is a legal document that affects your legal rights and is legally binding for all lots that you are awarded as the highest bidder within this auction.
BIDDING/BUYERS PREMIUM: "ALL BIDS ARE BINDING". If you are the highest bidder, you immediately become the legal owner. A buyer's premium will be added to each item sold per the buyer's premium advertised. Human bidding error does not alleviate your responsibility as a winning bidder, so please bid responsibly.
WARRANTIES: Pangaea-Auctions does not give any warranties on any lots sold at auction, and does not make any guarantees to the estimated value of any lot. We are not experts in every field and we describe our items to the best of our ability by incorporating research from our curators, internet, books and other sources. Our descriptions are simply suggestions and we do not make any claims to the representations of the quality, origin, value, marketability, or age of any lots. It is the responsibility of the bidder at his/her discretion and expense to determine the market value of the lots within our auction.
ARBITRATION: All disputes that cannot be resolved between the bidder and seller will be determined by the State of Florida. Buyer expressly agrees to such Arbitration, and gives up his/her constitutional right to have any such dispute decided in a court of law before a jury. Such arbitration award shall be final and binding and may be taken to a court of competent jurisdiction and judgment may be entered thereon. As a bidder you are agreeing that all issues/disputes will be determined through an arbitrator and that you are giving up your right to take the dispute to a court trial. Unless otherwise agreed to in writing, bidder agrees to a three arbitor panel with arbitrators from the American Arbitrator Association. As a bidder, by placing a bid during this auction, you agree to ALL of the terms and conditions within this document.
DAMAGES: Chargebacks and outstanding invoices greater than 14 days after the auction date will be considered an unpaid invoice. Damages will be incurred daily starting at the beginning 15 days after the invoice issue date. The invoice and damages will be sent to a 3rd party collections agency. Damages are defined as Buyers Premium, $50 per lot listing fee, $25 per lot daily storage fee, and 100% legal fees. Bidding on an item makes creates a legal binding contract and the bidder agrees to full liability of these damages.
SHIPPING: All shipping costs will be paid 100% by the bidder. Fedex is our primary shipper and is fully covered by our insurance. Pangaea-Auctions is not liable for any other form of shipping requested by the bidder. All non-Fedex shipments will be coordinated by the bidder and the private shipping company for pickup. Pangaea-Auctions will charge a transportation fee for delivery to any non-Fedex shipper. Shipping costs will include packaging, insurance, transportation, and applicable handling fees. Pangaea-Auctions requires shipping insurance on all lots, and therefore is not liable for any damage during shipping. All shipping disputes/claims will be handled between the shipping company and the bidder and must be emailed to pangaea.auctions@gmail.com within 24 hours of signed delivery or the dispute/claim will be denied without exception. Pangaea-Auctions is not liable for shipping disputes/claims but will help coordinate the dispute/claim process if emailed within the 24hr claim period. Bidder's are responsible for any additional shipping costs associated with an insurance dispute/claim.
PAYMENTS: Buyer is responsible for full payment of invoice, shipping, and fees prior to the release of shipment. Payment must be made in U.S. Dollars through the auction platform or our secure Bank of America payment options. NO CHECKS, we do not accept checks or money orders.
PAYMENT METHOD 1: Liveauctioneers.com online payment service powered by Bill.com ("Bill.com"). Your use of the Bill.com payment service (the "Payment Service") is solely governed by Bill.com's Terms of Service and Privacy Policy located at www.Bill.com (collectively, the "Bill.com Terms"). All transactions, using the Payment Service or otherwise, remain subject to the applicable terms and conditions herein (including the refund policies posted therein) and the bidder will pay the 3% service charge that will be listed in their invoice. You may not use the Payment Service to engage in activities prohibited by the Bill.com Terms or otherwise to violate applicable law. If you use the Payment Service, you will be required to provide information regarding your credit card or other payment instrument. You represent and warrant to Pangaea Auctions, LLC that such information is true and that you are authorized to use the payment instrument. You will promptly update your account information with any changes (for example, a change in your billing address or credit card expiration date) that may occur. You agree to pay Pangaea Auctions, LLC the amount that is specified for the item(s) you are purchasing in accordance with the applicable terms and conditions herein. If after three (3) business days you fail to pay for the items you win in full, the Pangaea Auctions, LLC reserves the right to charge your credit card on file the entire amount due (including the hammer price, buyer's premium, all applicable taxes, shipping and other charges). In the event you file a chargeback with your credit card facility to reverse or invalidate a processed payment, Pangaea Auctions, LLC and Bill.com have the right to contest any such chargeback in accordance with the Bill.com Terms. We and/or Bill.com may request necessary information from you to contest the chargeback. If the chargeback is contested successfully, your payment will be released to Bill.com. If a chargeback dispute is resolved in your favor, you will recover the chargeback amount through your credit card facility.
PAYMENT METHOD 2: Bank of America secure credit/debit payment. (http://www.pangaea-auctions.com/publicsale/livebid/paynow/index.php) You will be charged a Bank of America processing fee for each transaction as follows: 3% on all credit cards & debit cards.