Terms & Conditions Please Read Before Registering Any reference of we, us, or our in the Terms & Conditions shall mean Lewis & Grant Auctions LLC (“L&G”), a limited liability company registered in the Commonwealth of Kentucky (US) with a registered address in Newport, KY. Any individual or entity registering to bid in an L&G auction agrees to the below Terms & Conditions. L&G reserves the right to deny or reject any individual or entity from bidding, registering, and/or attending any or all auctions for any reason. ACCEPTANCE OF TERMS -Bidding or registering to bid at auction indicates that an individual or entity has read and agreed to be bound by the Terms & Conditions. -Terms & Conditions are non-transferable and only apply to the original buyer at the time of sale. -All disputes will be governed by laws in the Commonwealth of Kentucky. BUYERS RESPONSIBILITY -Buyers are responsible for having full knowledge of the legality of purchasing, transferring, importing, or exporting any item in their home jurisdiction. -All buyers purchasing modern firearms as defined by the United States Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATFE) will be subject to: -A background check as required by law. -Providing documentation of a valid C&R License or Federal Firearms License (FFL). -It is the sole responsibility of the buyer to satisfy themselves of an item's age, condition, and status before bidding, regardless of method used for bidding. -Condition reports and other questions will be handled by staff until 5:00 PM US EST the day prior to an auction. DESCRIPTIONS AND CONDITION -Item descriptions are given as a courtesy and are the opinions of L&G. Catalog descriptions carry a limited guarantee to protect the buyer from major discrepancies; as such, this limited guarantee does not protect against any less than the aforementioned major discrepancies. -Not all items offered for auction have been disassembled nor have had their internal parts verified. -L&G uses the following NRA-developed terminology condition standards of firearms: -Modern Gun Condition Standards -NEW: Not previously sold at retail, in same condition as current factory production. -PERFECT: In New condition in every respect (many collectors & dealers use 'As New' to describe this condition). -EXCELLENT: New condition, used but little, no noticeable marring of wood or metal, bluing perfect (except at muzzle or sharp edges). -VERY GOOD: In perfect working condition, no appreciable wear on working surfaces, no corrosion or pitting, only minor surface dents or scratches. -GOOD: In safe working condition, minor wear on working surfaces, no broken parts, no corrosion or pitting that will interfere with proper functioning. -FAIR: In safe working condition but well worn, perhaps requiring replacement of minor parts or adjustments which should be indicated in advertisement, no rust, but may have corrosion pits which do not render article unsafe or inoperable. -Antique Firearm Conditions Standards -FACTORY NEW: All original parts; 100% original finish; in perfect condition in every respect, inside and out. -EXCELLENT: All original parts; over 80% original finish; sharp lettering, numerals and design on metal and wood; unmarred wood; fine bore. -FINE: All original parts; over 30% original finish; sharp lettering, numerals and design on metal and wood; minor marks in wood; good bore. -VERY GOOD: All original parts; none to 30% original finish; original metal surfaces smooth with all edges sharp; clear lettering, numerals and design on metal; wood slightly scratched or bruised; bore disregarded for collectors firearms. -GOOD: Some minor replacement parts; metal smoothly rusted or lightly pitted in places, cleaned or re-blued; principal letters, numerals and design on metal legible; wood refinished, scratched bruised or minor cracks repaired; in good working order. -FAIR: Some major parts replaced; minor replacement parts may be required; metal rusted, may be lightly pitted all over, vigorously cleaned or re-blued; rounded edges of metal and wood; principal lettering, numerals and design on metal partly obliterated; wood scratched, bruised, cracked or repaired where broken; in fair working order or can be easily repaired and placed in working order. -POOR: Major and minor parts replaced; major replacement parts required and extensive restoration needed; metal deeply pitted; principal lettering, numerals and design obliterated, wood badly scratched, bruised, cracked or broken; mechanically inoperative; generally undesirable as a collector's firearm. REGISTRATION -All bidders must submit their full legal name, address, email, and phone number at the time of registration. Photo identification will be required at the time of registration. -Agents of bidders must provide proof of agency before bidding. Agents are responsible for the payment of any won lots, whether or not the agent is paid by their executor(s). Third party checks are not accepted. -Bidders may be asked to present a credit card. ESTIMATES AND RESERVES -Opening bids will be no less than 50% of a given low estimate. -Some items may have reserves. The auctioneer reserves the right to bid on the seller’s behalf up to this amount. An item will not sell for less than the reserved amount. BIDDING -Auctioneer will have sole discretion in accepting bids. -Absentee -Buyer’s may place absentee bids. These bids will be executed by the auctioneer starting at the lowest amount to the highest amount. -Absentee bidders are encouraged to place their bids at least 24 hours prior to the start of the auction. Absentee bids placed after this time are not guaranteed to be executed. -In the event of tied absentee bids, the bid placed first will be given preference. -Phone -A limited number of phone bids are available for live bidding. Phone bidders must register before 5:00 PM US EST on the day prior to an auction. Phone bidders registered after this time are not guaranteed. -Phone bidders are encouraged to place a backup bid, in the event we are unable to reach the bidder. These bids will be placed by the operator on the bidder’s behalf. L&G is not responsible for missed phone bids. -Internet -L&G reserves the right to place auctions on third-party online platforms such as Proxibid, Invaluable, LiveAuctioneers, HiBid, and others. Buyers are responsible for the payment of any charges incurred by the use of these platforms. -L&G is not responsible for the failure of platforms or any other technological issues experienced while using these platforms. BUYER’S PREMIUM -A buyer’s premium of 15% will be added to the hammer price of each lot. INCREMENTS $1-$300 -- $10 $300-$500 -- $25 $500-$1,000 -- $50 $1,000-$3,000 -- $100 $3,000-$5,000 -- $250 $5,000-$25,000 -- $500 $25,000-$50,000 -- $1,000 $50,000+ -- At the discretion of the auctioneer. -Auctioneer may change the increment at any time. TITLE -Title shall pass upon the falling of the hammer or the announcement of the lot as “sold” by the auctioneer. -Buyer assumes all risk in transporting items after title has been transferred. L&G assumes no responsibility for items damaged after title has passed. PAYMENT -Payment is due upon awarding of the lot. -Payment methods accepted are ACH, check, credit card, money order, and wire transfer. -It is the buyer’s responsibility to remove all items from the premises at the time of sale. Items not removed after 30 days from auction date will incur a storage fee of $25 per week to be paid by the buyer. Items will not be released to the buyer until all fees, including any applicable storage fees are collected in full. -Items not removed after 90 days from the date of auction will be considered abandoned property and will be subject to resale or disposal at the discretion of L&G without a refund. TAXES -L&G collects applicable sales tax as required. SHIPPING -Contact L&G for general shipping and handling information. L&G is not responsible for any damages incurred during shipping. LIABILITIES AND WARRANTIES -Every lot is sold “AS IS” and L&G does not make any representations or warranties except those as laid out in these Terms & Conditions. -Ammunition is sold as collectors ammunition only. Buyers shall assume any and all liability for its use, and will hold L&G, its officers, employees, consignors, and affiliates harmless from any damages or losses resulting from its use. -L&G shall not be liable for any loss or damages resulting from the use of purchased items. RETURNS -The L&G limited warranty applies only to the original purchaser of an item. Any disputes regarding authenticity will only be entertained up to 14 days after the date of auction. If the buyer is not satisfied with the authenticity of an item, they must, at their own expense, furnish two statements from mutually agreed upon experts in the field. -Buyer’s sole remedy for disputes of authenticity will be the rescission of payment and return of the item. It is to be understood that this is the only remedy available to the buyer and is in place of any other remedy. -L&G reserves the right to deny returns of any object collected by a floor bidder after title is transferred.