TERMS AND CONDITIONS PAYMENT OF HIGHER VALUED ITEMS Higher valued items may require an irrevocable wire transfer at the auctioneer's discretion. Auctioneer may also require irrevocable wire transfer on any items that have had significant bid retractions prior to the beginning of the live auction. PAYMENT Scheerer accepts cash, check or MC/Visa/Discover for USA payment. International bidders to pay with irrevocable wire transfer only. Personal checks will be acceptable only if credit has been established with Scheerer. Items paid for by check will be held by Scheerer until funds are confirmed by bank that they are in Scheerer bank account and irrevocable. The purchaser agrees to pay Scheerer a handling charge of $25.00 for any check dishonored by the drawee. Please contact Scheerer for additional payment methods SHIPPING Shipping is available through 3rd party (for profit) shipper, Pak Mail. They can be contacted at (260) 637-4809 or by email at contact@pakmailshipsfortwayne.com . The auction company does not personally pack or ship items, we are simply the selling agent. We are contracted with 3rd party (for profit) shipper Pak Mail to handle the packing and shipping of all of the items we sell. Please contact Pak Mail for shipping estimate PRIOR to bidding. TERMS AND CONDITIONS Higher valued items may require an irrevocable wire transfer at the auctioneers discretion. Items must be paid in full. International bidders are strongly urged to contact shipper for quote prior to bidding. Contact our recommended 3rd party (for profit) shipper Pak Mail at (260) 637-4809 or contact@pakmailshipsfortwayne.com for shipping quote PRIOR to bidding. Auction company does not ship items its sells personally, and solely relies on Pak Mail to pack and ship the items it sells. Some items may be designated PICK-UP ONLY. Items include but are not limited to heavy equipment, farm machinery and vehicles. VERY IMPORTANT: We sell 99% estate and senior-owned merchandise. If any precious metal is marked incorrectly or fraudulently, it was done prior to our and our clients possession. WE WILL NOT GUARANTEE OR REFUND INACCURATELY MARKED ITEMS. All weights, measurements and sizes stated are considered to be approximate and are not guaranteed. We weigh our items on an Ohaus Navigator XT premium digital scale. We will not guarantee our scales are in exact calibration with any other scales. If you expect exact weights, sizes or measurements, DO NOT BID. We will NOT refund or guarantee for any reason any weights, measurements or sizes. Also, we do not professionally test precious metals or precious stones, we sell our precious metals based on their markings (unless we otherwise state that we tested an individual item) NO REFUNDS OR GUARANTEES. Our firm handles a high volume of merchandise in a short period of time. While our intent is to describe items, authenticity, and condition to have a successful and mutually satisfying transaction, it is economically impossible for us to achieve perfection on every item. Our firm lists items far in advance of the sale so that the buyer can ask questions BEFORE bidding. Interested bidders are strongly encouraged to request a condition report on any lots upon which they intend to bid, prior to placing a bid. At our expense, we do provide staffing to get the buyers the information BEFORE they bid. When bidding online and not inspecting in person, please understand that you are assuming all risk. We will not take returns or issue refunds, all items are sold as-is, buyer beware. Terms: 1. Your bid is a contract. Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller in accordance with the "conditions of sale" as set forth below. You should contact Scheerer McCulloch Auctioneers, Inc. to resolve any questions before bidding. 2. All property is sold as-is, where is. Neither Scheerer McCulloch Auctioneers, Inc.("Scheerer", or the "Auctioneer") nor any consignor makes any warranties or representation of any kind or nature with respect to the property, and in no event shall they be responsible for correctness, nor deemed to have made any representation or warranty, of description, genuineness, authorship, attribution, provenance, period, culture, source, origin, or condition of the property and no statement made at , or in the bill of sale, or invoice or elsewhere shall be deemed such a warranty of representation or an assumption of liability. Scheerer McCulloch, Inc. is not an authenticator. BIDDER IS ENCOURAGED TO CONTACT SCHEERER MCCULLOCH WITH ANY QUESTIONS REGARDING LISTED LOTS PRIOR TO EXECUTING A BID. 3. All auctions are conducted pursuant to applicable laws and regulations of the State of Indiana. 4. Scheerer accepts check, Discover, American Express, MC/Visa for payment. Bidders paying with credit card directly to Scheerer will be charged 5% credit card processing fee in addition to the buyers premium, sales tax & bid price). 5. Personal checks will be acceptable only if credit has been established with Scheerer. Items paid for by check will be held by Scheerer until funds are confirmed by bank that they are in Scheerer bank account and irrevocable. The purchaser agrees to pay Scheerer a handling charge of $25.00 for any check dishonored by the drawee. Winning bidder agrees to pay Scheerer within 10 calendar days from auction date. We pay our consignors 14 days after the auction, at that point all sales issues are closed. 6. If the purchaser breaches any of its obligations under these Conditions of Sale, including its obligation to pay in full the purchase price of all items for which it was the highest successful bidder, Scheerer may exercise all of its rights and remedies under the law including, without limitation, (a) canceling the sale and applying any payments made by the purchaser to the damages caused by the purchaser's breach, (b) offering at public auction, without reserve, any lot or item for which the purchaser has failed to pay in full the purchase price, holding the purchaser liable for any deficiency plus all costs of sale, (c) demanding specific performance from the purchaser and/or (d) collecting from purchaser all reasonable costs and attorney fees incurred in pursuit of the remedies set forth in this paragraph. 7. In no event will the liability of Scheerer to any purchaser with respect to any item exceed the purchase price actually paid by such purchaser for such item. 8. Some of the lots (very few) in this sale are offered subject to a reserve. The reserve is a confidential minimum price agreed upon by the consignor and Scheerer below which the lot will not be sold. Scheerer reserves the right to execute such reserves by bidding for the consignor. In any event and whether or not a lot is subject to a reserve, the Auctioneer may reject any bid or raise not commensurate with the value of such lot. 9. Except as provided in paragraph 8 above, the highest bidder as determined by the Auctioneer shall be the purchaser. In the case of a disputed bid, the Auctioneer shall have sole discretion in determining the purchaser and may also, at his or her election, withdraw the lot or re-offer the lot for sale. The Auctioneer shall have sole discretion to refuse any bid, or refuse to acknowledge any bidder. Any bidder that plans on spending in excess of $5,000 should make arrangements with the Scheerer at least five (5) days in advance of the sale, as a deposit may be required to participate. 10. All merchandise purchased must be paid for and removed from the premises the day of the auction. Scheerer may impose, and the purchaser agrees to pay, a monthly storage charge of 1.5% of the purchase price of any lot or portion of a lot not removed by the purchaser within five (5) business days after the date of sale. Scheerer shall have no liability for any damage to property left on its premises for more than three (3) days after the date of sale. At the option of Scheerer, the merchandise may be transferred to and stored at a bonded warehouse and the purchaser agrees to pay all transfer and storage expenses. Scheerer may impose, and the purchaser agrees to pay, a monthly interest charge of 1.5% of the purchase price of any lot or item not paid by the purchaser within thirty-five (35) days of the date of sale. 11. Items may be picked up at Scheerer McCulloch Auctioneers Fort Wayne, IN office (4420 Ardmore Ave, Ft Wayne, IN 46809) up to 5 business days after auction. Items that purchaser wishes to pick up at Scheerer office must be identified by purchaser to auctioneer on the day of auction or the items will be taken to 3rd party shipper with no notification to purchaser required. Items that need shipped will be handled by our designated 3rd party shipper PakMail, Dupont Rd, Ft Wayne, IN (260)637-4809. As a convenience to the buyer, the Auction House will, without any consent, give your property to PakMail, Dupont Village, Fort Wayne, Indiana. You may obtain a shipping estimate from PakMail up until 48 hours prior to auction or AFTER you have successfully purchased and paid for the item. PakMail will contact you with an estimate for packaging and shipping via email or phone after the Auction House has been paid in full. PakMail will pack and ship via UPS, FedEx, or other carrier, fully insured, for a fee payable in advance by credit card . Buyer will be contacted within approximately 30 days for shipping arrangements, with shipping to follow. PakMail and Auction House are not responsible for any damage or loss that occurs while your objects are in another's care. The Auction House and PakMail will also NOT be responsible for any damage or loss that occurs if you choose a shipping method that we have advised against and Auction House/ PakMail will require a waiver from buyer acknowledging this. All international customs, duties, and other tariffs are the responsibility of the buyer. The selling price plus buyers premium will be the declared value for insurance, customs, duties and other tariffs during shipping in all cases. International bidders will need to contact Pak Mail for shipping quote prior to placing a bid. 12. Buyers premium: A 13% buyers premium will be charged on the final bid price to all who attend the live auction at our location, and an 18% buyers premium will be charged on the final bid price to online & off location bidders. 13. Indiana sales tax will be charged to all buyers (live and online buyers). 14. Bidding on any item indicates your acceptance of these terms and all other terms announced at the time of sale whether bidding in person, through a representative, by phone, by internet, or other absentee bid. 15. Scheerer and its consignors make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Scheerer expressly reserves the right to reproduce any image of the lots sold in this catalog. The copyright in all images, illustrations and written material produced by or for Scheerer relating to a lot, including the contents of this catalog, is, and shall remain at all times, the property of Scheerer and shall not be used by the purchaser, nor by anyone else, without our prior written consent. 16. These conditions of sale shall be governed by the laws of the State of Indiana. The purchaser/bidder agrees that any suit for the enforcement of this agreement may be brought, and any action against Scheerer in connection with the transactions contemplated by this agreement shall be brought, in the courts of the State of Indiana or any federal court sitting therein. The purchaser/bidder consents to the nonexclusive jurisdiction of such courts and waives objections that it may now or hereafter have to the venue of any such suit. 17. Scheerer reserves the right to withdraw any property before the auction. 18. Internet/online bids: Scheerer will use reasonable efforts to execute online bids, but Scheerer is not liable for equipment failure, inability to access the internet, software malfunctions or anything pertaining to executing online bids. Please note that there is a slight delay when bidding online, so please bid quickly. To reduce online bidders risk of not getting bids executed, auctioneer recommends online bidders to enter their bids online prior to the auction. 19. Auctioneer highly recommends pre-registration before auction. Auctioneer cannot guarantee ability of the buyer to register on the day of the auction. 20. Scheerer will not transfer the sale of any item to a 3rd party. The winning bidder is responsible for payment and shipping of all items purchased. 21. Any items with significant bid reductions or retractions prior or during the live auction are subject to termination of the transaction between Scheerer and the high bidder. The sale of the item may be cancelled by the auctioneer at the auctioneers discretion. Subsequently, the auctioneer can cancel or withdraw any transaction for any reason, even if an invoice was sent to the high bidder.