SOLD
1,100.00USD+ buyer's premium + applicable fees & taxes.
This item SOLD at 2016 Aug 18 @ 15:32UTC-4 : AST/EDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
.223 caliber, 21.5" barrel, S/N 240492. With Colt markings on the left of the receiver. Plastic grip with synthetic stock.
*Requires FFL
Condition: Very good condition. Bore is excellent.
Auction Location:
6270 Este Ave., Cincinnati, Ohio, 45232, United States
Previewing Details:
Wed, Aug 17, 2016 | 8:00 AM – 10:00 AM EDT
Wed, Aug 17, 2016 | 12:00 PM – 5:00 PM EDT
Sales tax will be charged if you are an Ohio resident or in the auction hall the day of the sale and do not present an authorized tax exempt certificate from the state where you conduct business.
Taxes:
| Tax | Rate | Desc. |
| Ohio |
7% |
Ohio |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
200,000.00 |
20% |
| 200,000.00 |
Infinite |
15% |
Additional Fees:
Shipping Details:
If there is no shipping amount on your invoice, you will need to make arrangements to pick up or ship your purchase. Shipping can be contacted at 513.871.1670 (ext 219) or email shipping@cowans.com. Please allow 14 to 21 days after we receive your payment so we can package and ship your purchase as carefully as possible.
Payment Details:
Payment may be made by:
1) Check or money order sent to the address above. Please note that we reserve the right to hold shipment until the check clears our bank.
2) If you wish to use a credit card, please call 513-871-1670 ext. 213 or 234 with the information (Mon. - Fri. 9 – 4 EDT).
3) International bidders are required to pay by wire transfer. Please call for information.
Accepted Payment Methods:
- VISA
- Master Card
- Money Order/Bank Draft
- Check/Cheque
- See Payment Details
- Wire Transfer
By registering and bidding in an auction conducted by Cowan's Auctions, Inc. ("Cowan's"), bidders (whether present in person, by telephone, by agent, by written or telephone absentee bid instruction, or through a live internet connection) agree to be bound by these terms. These are the complete and only terms and conditions on which all property is offered for sale.
1) REGISTRATION
All bidders must register their name, permanent street address (no P.O. Boxes), and telephone number prior to the auction. Unless known to Cowan's, all registrants are required to present two forms of identification, at least one of which must include a current photograph. Bidders may be required to present a valid Visa or MasterCard.
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Bidding on any item, whether in person, by phone, by absentee bid or via a live internet auction indicates the bidder's agreement to be bound by these Terms and Conditions for Bidders. Any right of bidder under this agreement shall not be assignable and shall only be enforceable by the original buyer. The rights and obligations of the parties shall be governed by the laws of the state of Ohio. All bidders submit to the personal jurisdiction of the state and federal courts in Ohio.
3) TERMS OF SALE
Announcements made the day of auction take precedence over any previous communication. The auctioneer reserves the right to withdraw any lot at any time before its final sale and to reject any bid for any reason. The highest bidder for each lot acknowledged by the auctioneer shall be the "buyer". If any dispute arises as to any bidding, or between two or more bidders, at the sole discretion of the auctioneer, the successful bidder will be determined or the disputed lot shall be put up again at the last undisputed bid and resold.
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(a) Buyer’s Premium for “Historic Firearms and Early Militaria”. The Auctioneer will collect and retain from the Buyer, as additional commission, a premium equal to 20% the Sale Price of each Lot up to and including $200,000, plus 15% of the amount by which the Sale Price exceeds $200,000.
(b) Buyer’s Premium for “Fine and Decorative Arts”, “Historic Americana” and “American Indian Arts”. The Auctioneer will collect and retain from the Buyer, as additional commission, a premium equal to 23% of the Sale Price of each Lot up to and including $200,000, plus 15% of the amount by which the Sale Price exceeds $200,000.
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Except for On-Line Only Auctions, all lots are available for inspection prior to the auction. Condition reports for most items can be found online at Cowan's website, www.cowans.com, and prospective bidders are encouraged to contact Cowan's directly for additional information regarding the condition of any lot. Cowan's does not warrant the condition of any item. Buyers interested in the condition of an item are encouraged to contact Cowan's and, to the best of our ability, we will document for the prospective bidder the condition status on any lot. Condition is always a subjective evaluation and final responsibility rests with the buyer to assess the condition of any item sold by Cowan's.
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Absentee bids are accepted via mail, phone, fax, email, or on our website. Such bids will be posted with the time and date of arrival, with ties being awarded to the earliest bidder.
All absentee bids must be made on Cowan's absentee bid form. An absentee bidder unknown to Cowan's may be required to submit a bank letter of credit prior to the auction, or, using a credit card, deposit with Cowan's a fee equaling 30% of the absentee bid.
All absentee bids are executed competitively by a member of the auction staff. The auction staff will try to purchase the lot for the lowest price possible and will bid up to the amount designated by the absentee bidder only if necessary. Cowan's does not accept "buy bids," or absentee bids which have no limit. In the event of a tie bid between a floor and absentee bidders, the floor bid will be honored.
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The following increments are used at the auction. Absentee bids must fall within these increments. Cowan's will automatically reduce any absentee bid to the closest increment if the bid falls outside the published range of increments.
For Bids falling Between Bidding Increment
$0-500 $25
$501-1000 $50
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AFTER THE AUCTION
12) BUYER'S RESPONSIBILITY
Upon the fall of the hammer, title to the offered lot shall pass to the buyer and the buyer immediately assumes full risk and responsibility for the lot, including liability for loss or damage.
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Buyers who are present at the auction must pay the full purchase price at the time of the sale. Buyers who bid by telephone or who are absentee bidders will be invoiced within 5 days after the close of the auction and must pay the full purchase price for each purchased lot within 14 days after the date of the auction. By signing the absentee bid form or placing an absentee bid by telephone, an absentee bidder authorizes Cowan's to charge the purchase price (hammer price, plus buyer's premium) for each lot for which such bidder is the successful bidder to the credit card number provided by telephone or on the absentee bid form, unless payment in full or alternative payment instruction is received within 14 days after the date of the auction. No property will be released by Cowan's unless the purchase price has been paid in full.
Institutional billing may be available, and should be arranged prior to the auction.
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Buyers are required to pay any applicable state and local sales tax.
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Cowan's is happy to provide a shipping estimate in advance of the auction. At the request of the buyer, Cowan’s will authorize the shipment of purchased items usually within two weeks after payment has been received. Shipment is generally made via UPS or Fed-Ex Ground. Unless buyer gives special instructions, the shipping method shall be at the sole discretion Cowan’s Auctions. Cowan’s is in no way responsible for the acts or omissions of independent handlers, packers or shippers of purchased items or for any loss, damage or delay from the packing or shipping of any property.
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If purchased property has not been removed, or Cowan's has not received shipping instructions within 21 days after the auction date, a $10 per item per day storage fee may be charged to the buyer.
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If purchased property remains in the custody of Cowan's for a period of 60 days following the auction, Cowan's may, at its option, cancel the sale, retaining as liquidated damages any payments made by the buyer, or resell the property at auction or by any other commercially reasonable means, and in such event, buyer shall be liable for the payment of all of Cowan's costs, including but not limited to storage and costs of sale.