NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2017 Dec 12 @ 11:18UTC-6 : CST/MDT
Lot of (5) Estate 10k & 14k Diamond and/or Gemstone Rings. Sizes range from 5 - 7 and together weigh a total of
15 grams.
Auction Location:
3310 w Elm St, McHenry, Illinois, 60050, United States
Illinois residents are required to pay appropriate level of Illinois sales tax on each applicable lot
Tax Exempt Notice - Lots marked with an asterisk (*) are tax exempt as permitted by law.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
10,000.00 |
15.5% |
| 10,000.00 |
50,000.00 |
14.5% |
| 50,000.00 |
Infinite |
14% |
Additional Fees:
Shipping Details:
**NO INTERNATIONAL SHIPPING**
Shipping & Handling Fees:
Small First Class Package: $10.00
Small Flat Rate Box: $12.50
Medium Flat Rate Box: $17.50
Large Flat Rate Box: $22.50
*Plus $1.50 per $100.00 of insurance
Packing and Shipping - Cherished Treasures is not responsible or liable for any loss, damage, error, omission or delay by any packing, shipping, or transport company or individual, whether or not recommended by Cherished Treasures or its agents.
Payment Details:
**NO INTERNATIONAL SHIPPING**
PayPal
Payment in U.S. dollars will be made through PayPal using Visa, MasterCard, Discover, or debit card unless other arrangements are made with Cherished Treasures prior to the start of the auction.
Accepted Payment Methods:
Conditions of Sale
Cherished Treasures as Agent
The lots listed in this auction will be offered by Cherished Treasures, a division of OWG&J Inc., as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by all terms and conditions of sale.
Before the Sale
Prospective buyers are strongly advised to examine any property in which they are interested before the auction takes place. All sales are final, with no returns, exchanges or refunds. All dimensions, measurements and weight listed are approximate. References made to condition regarding damage or restoration are for guidance only. All lots are sold AS-IS and without recourse and neither Cherished Treasures nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Cherished Treasures nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the listing or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the supplements to the listing, an advertisement, a bill of sale or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Cherished Treasures and its consignor(s) make no warranty or representation, express or implied that the purchaser will acquire any copyright or reproduction rights to any lot sold. Cherished Treasures expressly reserves the right to reproduce any image of the lots sold in this listing.
At the Sale
Refusal of Admission - Cherished Treasures has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid.
Registration before Bidding - A prospective buyer/bidder must complete a registration form and provide identification before bidding. We may require bank or other financial references.
Withdrawal and Bidding - Cherished Treasures reserves the right to withdraw any Lot at any time before its final sale and to reject any Bid for any reason and shall have no liability whatsoever for such withdrawal or rejection. The highest bidder for each Lot, acknowledged by Cherished Treasures, shall be the buyer. In the case of an error, uncertainty regarding the validity of any Bid, or any dispute with respect to bidding, whether during or after the sale, Cherished Treasures has absolute, final and sole discretion to determine the successful bidder, to permit bidding to continue, to rescind the sale, or to re-offer and re-sell the disputed Lot.
Online Bids - We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the internet or software malfunctions related to the execution of online bids.
Reserves - Some lots in the sale are subject to a Reserve, which is the confidential minimum price below which such Lot will not be sold. The reserve will not exceed the low estimate of the lot. Reserves are agreed upon with consignor(s) or, in the absence thereof, the absolute discretion of Cherished Treasures. Cherished Treasures may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auction may continue on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, Cherished Treasures, will generally open the bidding at half of the low estimate for the lot. Neither Consignor(s) nor their agents are permitted to Bid on their own items.
The following chart governs current bidding increments
Current Bid……Bid Increment
<$10……………………………$1
$10 - $49………………………$2
$50 - $99………………………$5
$100 - $499………………….$10
$500 - $999………………….$25
$1,000 - $1,999……………..$50
$2,000 - $4,999…………….$100
$5,000 + Above……………$250
Successful Bid - The highest bidder acknowledged by Cherished Treasures will be the purchaser. In the case of a tie bid, the winning bidder will be determined by Cherished Treasures at our sole discretion. In the event of a dispute between bidders, Cherished Treasures has final discretion to determine the successful bidder or to re-offer the lot in dispute. Title passes upon the completion of the Lot to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility.
After the Sale
Buyer’s Premium - In addition to the hammer price, the buyer agrees to pay Cherished Treasures a buyer’s premium and the applicable sales tax added to the final total. If any dispute arises after the sale, our sale record is conclusive.
Hammer Price/Buyer’s Premium
In addition to the hammer price, the buyer agrees to pay Cherished Treasures a buyer’s premium and all applicable sales tax added to the final total plus scheduled shipping fees.
Cherished Treasures’ premium structure for iCollector.com customers is: fifteen and one-half percent (15.5%) of the successful hammer price on each lot sold for up to and including $10,000, fourteen and one-half percent(14.5%) between $10,001 and up to and including $50,000 and fourteen percent (14%) of the amount $50,001 and over. Minimum buyer’s premium is $8.00 regardless of hammer price.
Illinois residents are required to pay appropriate level of Illinois sales tax on each applicable lot.
Payment - The buyer must pay the entire amount due (including the hammer price, buyer’s premium, all applicable taxes and other charges) no later than 5 pm(CST) on the fifth(5) business day following the sale. Payment in U.S. dollars will be made through PayPal using Visa, MasterCard, Discover, or debit card unless other arrangements are made with Cherished Treasures prior to the start of the auction.
Tax Exempt Notice - Lots marked with an asterisk (*) are tax exempt as permitted by law.
Packing and Shipping - Cherished Treasures is not responsible or liable for any loss, damage, error, omission or delay by any packing, shipping, or transport company or individual, whether or not recommended by Cherished Treasures or its agents.
Non Payment - If we do not receive payment in full, in good cleared funds, within five (5) business days following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law: a) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price b) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law c) to cancel the sale d) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser’s obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier’s checks, we have confirmed their authenticity e) to offset against any amount owned f) to not allow any bids at any upcoming auction by or on behalf of the buyer g) to take other action as we find necessary or appropriate.
Failure to Collect Purchases - Cherished Treasures shall have no liability for any damage to property left on its premises for more than ten (10) business days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered being remitted to you.
Liability
Condition Reports - Cherished Treasures is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph.
Purchased Lots - If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Cherished Treasures shall not be liable for any amount in excess of that paid by the customer.
Legal Ramifications - The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Illinois. If any part of these Conditions of Sale is 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. The extent of liability shall not exceed the purchase price actually paid. It is specifically understood and agreed that the cancellation of a sale and the refund of the original purchase price paid is exclusive and in lieu of any other right or remedy that may otherwise be available to the buyer as a matter of law or in equity.
Discretion - Any and all of the conditions may be waived or modified in the sole discretion of Cherished Treasures which operates as a division of OWG&J Inc.