Auction Rules2017-05-03T14:49:30+00:00

Important Auction Rules And Conditions.

PLEASE READ CAREFULLY BEFORE BIDDING

Bidding Currency

All bidding will be conducted in Canadian Funds.

Registration

Customers who have already registered in the past do not need to do so again. Usernames and passwords will remain valid. Customers who have forgotten their passwords should simply contact us by phone or by email. You must have a valid credit card to register.

You may register online at auctions.thefanauctions.com

Bidding Period

You may begin bidding as soon as you have an account set up. Each auction may have a different start and ending dates.

You must place an initial bid on an item 15 minutes before the auction closes to be eligible to bid on that item during the extended bidding period. If you have not bid on a particular lot 15 minutes prior to closing you may not bid on that lot during the extended time. If you are the only bidder on a lot upon ending you will be declared the winner. After the closing time the auction will continue until the bids stop coming in for 5 minutes. The 5 minute rule applies only to lots that qualify for extended time.

The final time of closing for a lot will be determined by the application of the 5 minute rule. During the extended bidding period, all new bids reset the auction countdown to 5 minutes. The auction ends when no new bids are entered for a full 5 minutes. To avoid having to stay up late please use an absentee bid.

Absentee Bids

We encourage early and absentee bidding if do not want to stay up on the final day of the auction. The auction site will place bids,on your behalf, up to the maximum amount only if the absentee bid is raised by another bidder. If we receive two absentee bids of the same amount, the first one placed will be the high bidder. For example, if you have a current high bid at $500 and have placed an absentee bid up to a maximum of $1,000 and another bid comes at $600, your absentee bid will automatically raise the high bid to $660. This will continue until your maximum bid has been reached. If there are no other bids, you will win the lot for $660. All absentee bids will remain confidential.

Bid Increments

Items will be sold to the highest bidder at the close of the auction. Opening Bids cannot be lower than the minimum bid. After the opening bid, the minimum bid increment is the greater of $5.00 or 10% above the previous high bid. By placing a bid in this auction, the bidder confirms the acceptance of all the rules and conditions of sale as mentioned here. The Fan Auctions record of final sale shall be conclusive.

Winning Bids And Shipping

Winning bidders are responsible for shipping and handling costs which will be added and include shipping, packing and materials. Items shipped to Canadian residents are subject to HST or GST. International bidders are also responsible for any customs, duties, or brokerage fees. Shipping and insurance is noted in the individual lot description. In most cases items shipped to the USA or Canada will be shipped using Canada Post, FedEx or UPS ground. Please note that some shipments to the USA may require the use of a Customs Broker based on requirements by Customs and Border Protection. All packages will be sent with a tracking number. In some cases the item may be picked up at the vendors address and would be noted in the listing.

Return Policy

Items may be returned within two weeks only if the item does not match the description. Otherwise all sales are final. The Fan Auctions will not be liable for breakage of glass or damage to frames during return shipping. Such defects shall not be a basis for any claim for return or reduction in purchase price.

Payment

Methods of payment accepted are VISA, Master Card, paypal, certified checks, email transfer, wire transfer, cash and bank drafts. Failure to pay invoices promptly will result in the suspension of your auction privileges. Title shall not pass to the successful bidder until all invoices are paid in full.

Authenticity

All items sold will come with a COA and Hologram from the Fan Auctions approved vendor. Each item that does not include a vendor hologram and COA will be authenticated by a trusted partner or an outside authenticator. Letters of authenticity will be made available for all lots. We are not bound by the opinion of outside authenticators and experts unless they widely considered as industry experts.

Acceptance of Conditions

Placement of a bid in this auction constitutes acceptance of these terms and conditions.

Non Payment By Buyer

Please consider, when you bid on an item, you are entering a legally binding contract, indicating that you will pay for your items and any additional associated fees. Late or non-payment may result in the revocation of bidding privileges for future auctions.

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