Extended Bidding
5 minutes/bid
FOC Books online auctions feature a soft close, extended bidding. The system will automatically extend the closing time of a lot when a bid is placed within the last 5 minutes of the scheduled closing. This allows interested bidders to increase thier bids if desired and eliminates the fear of "Sniping" where bidders jump in at the last second to grab the high bid. Once all interest in the item has run its course, the clock will run out and the lot will close.
1. The Lots listed in this auction will be offered byFOC Books (the "Company") as agent for consignor(s) or owner. By bidding at this auction you agree to be bound by the Terms and Conditions of Sale contained herein.
2. All the Property offered and sold through FOC Books shall be offered and sold under the Terms and Conditions set forth herein. YOUR BID IS A CONTRACT. By participating in this auction, you acknowledge that you accept and are bound by these Terms and Conditions, any of which may be modified or waived at the sole discretion of FOC Books or Auctionninja.com.
3. Buyer acknowledges and agrees that FOC Books shall be found to have no duty, or liability, as to the validity of the consignor or owner's lawful title to any lot offered for sale. The Company provides no guarantee or warranty either expressed or implied as to the lawful title of any lot, and Buyer waives and releases the Company from any and all claims, of whatever nature based on alleged defect(s) in legal title.
4. FOC Books advises all prospective bidders to examine in all images of all lots they are interested in bidding on before the auction. YOUR BID IS A CONTRACT and ALL SALES ARE FINAL. All Property (Lots) are sold "As Is" "Where is" and without recourse. FOC Books and Its Consignors make NO warranties or representations of any kind with respect to any of the Property (Lots) to be sold at auction, including, without limitation, warranty of title, warranty of merchantability, fitness for a particular purpose, or any other warranty or representation of any kind in reference to the Property. Neither FOC Books, Its Employees, Consignors, Agents nor Assigns shall be responsible for the correctness, authenticity, provenance, attribution, condition or any other terms used to describe the Property. Neither FOC Books, its consignor(s), agents nor employees shall be deemed to have made any representation or warranty either expressed or implied. The absence of any reference to the condition of a lot does not imply that the lot is free of imperfections or the effects of aging. The Bidder is advised to thoroughly examine all lots prior to bidding. All sales are final unless the property is forged, counterfeit or fraudulently mispresented. In that case the buyer shall 48 hours upon receipt of the property to promptly return the property to FOC Books, in the same condition it was sold, and rescind the transaction.
5. All prospective bidders/buyers must register and provide suitable identification prior to the start of the auction and before bidding. FOC Books reserves the right to refuse participation in any auction at any time atFOC Books sole discretion.
6. Registered bidders agree to accept personal responsibility for paying the total purchase price, which includes the Hammer Price plus a buyer's premium and all applicable State, Federal and Local taxes on the day of the auction. Online bidders understand that there is a buyers premium and agree to be bound by the terms and conditions as disclosed on auctionninja.com.
7. Some Lots in the Sale may be subject to a confidential reserve below which the Lot will not be sold. The reserve will not exceed the low estimate of the Lot. The Auctioneer may open the bidding on any Lot below the reserve by placing a bid on behalf of the consignor and may continue to bid on behalf of the consignor up to the amount of the reserve. This may be done by placing consecutive bids or by placing bids in response to other bidders.
8. The Company reserves the right to withdraw any Property at any time before the hammer falls at its complete discretion, and shall have no liability whatsoever for such withdrawal.
9. The Company reserves the right to reject any bid. The highest bidder acknowledged by FOC Books will be the buyer. In the event of any dispute between bidders, FOC Books shall have absolute and final discretion either to determine the successful bidder, or to re-offer and re-sell the Property in dispute. If any dispute arises after a sale, the Company's sale record shall be conclusive and final.
10. FOC Books decision to refuse any bid, advance the bidding in any manner, withdraw a Lot, determine a successful bidder, continue the bidding, to cancel a sale and reoffer and resell an item in dispute, is conclusive, absolute and final. Neither FOC Books, Its agents, employees, nor consignors shall have any liability of any nature with respect to the aforementioned terms.
11. Title of the property immediately passes to the highest acknowledged bidder when the Auctioneer's hammer falls, subject to the Terms and Conditions set forth herein, at which point the bidder assumes full risk and responsibility for the Property. The buyer shall pay the full purchase price which includes Hammer price, together with the buyers' premium PLUS any applicable fees, taxes and shipping costs at the conclusion of the auction. Online bidders understand that there is a buyers premium and agree to be bound by the terms and conditions as disclosed on auctionninja.com. Payment shall be made in US dollars by credit cards that are accepted by the FOC Books through Stripe.com services. Payment will not be considered complete until funds are cleared. No Property will be released to the buyer until payment has been made in full.
12. If pick-up of items has been approved by the Company, the Buyer will remove all purchased Property at their sole expense within the agreed upon time period. Property not removed by the successful bidder in the agreed to period may be sold by the Company, or removed by the Company to a public warehouse or storage facility, at the sole risk, responsibility and expense of the buyer. If purchased Property is not picked up within the agreed upon time period, FOC Books reserves the right to charge a monthly fee of 10% of the total purchase price, and an additional administrative fee of up to $200.00. If the Property is not picked up after thirty (30) days then FOC Books is free to dispose of the property in whatever manner the Company deems fit. Neither FOC Books, its agents, employees, nor consignors shall have any liability of any nature with respect to items not picked up by the buyer after 30 days.
13. If the buyer fails to pay in full with good cleared funds, or fails to comply with the Terms and Conditions of the Sale as set forth herein, the Company reserves the right to exercise one or more of the following remedies, in addition to any other remedies available to FOC Books by operation of law:
a) hold the defaulting buyer liable for the full purchase together with any buyers premium.
b) Cancel the sale;
c) Resell the property without reserve at public auction, or privately under such terms as Company deems appropriate, and the defaulting purchaser will be liable for any difference between the original purchase price and the final sales price. In addition, the defaulting buyer will be responsible for any costs incurred by the Company including, but not limited to, handling, storage, commissions, insurance, administration, any and all legal fees, incidental damages and all costs relating to this transaction; and
d) Forbid the buyer from participating in any future auction.
14. FOC Books can provide a successful bidder with an in-house packing & shipping quote or automatically charge the credit card on file with Auction Ninja. Property will not be released to a third party shipper without the buyer's consent, and unless the Company is in receipt of full payment. Any packing and handling by the Company is at the entire risk of the buyer and the Company bears no liability for any loss or damage to such items. The cost of shipment will be Buyer's full responsibility.
15. The conduct of the auction and all transactions associated with it, the Terms and Conditions herein set forth, together with the rights and obligations of the Company, Consignor and Buyer are governed by the laws under the State of South Carolina. If any part of these Terms and Conditions is found by a South Carolina court to be invalid, illegal or unenforceable then that part will be discounted and the rest of the Terms and Conditions will continue to be valid to the fullest extent permitted by law.
16. International Bidders - not supported at this time.
Shipping Terms
FOC Books is proud to have their own in house shipping department, please contact service@focbooks.com for shipping questions or quotes.
