Special Terms
PLEASE NOTE: All online bidders agree that they have read and fully understand these terms and agree to be bound thereby:
Buyer Premium: A Buyer Premium of 23% is added to the high bid. Please take this into consideration when bidding. Bid price + buyer premium = sale price.
Pickup and Shipping: Items may be picked up from Auction location on Wednesday, June 25 and Thursday, June 26, 2020, from 9:00 AM until 4:00 PM. Payment must have been made on or before pickup time. Unless buyers arrive to pick up items at Auctioneer’s location or explicitly informs Auctioneer that he/she will pick up items from Auctioneer’s location, Auctioneer will ship items to buyers via the UPS Store – NO EXCEPTIONS – located at 1166 E. Dayton-Yellow Springs Road, Fairborn, OH. For shipping rates, please contact the UPS Store at (937) 754-9999. No item is will be shipped until full settlement arrangements have been made.
Payment: All purchases will be paid for in U.S. funds via the credit card (MC/VISA) you have on file with online bidding portal (no additional fee) prior to shipping. All sales are FINAL – no refunds.
The successful bidder whose payment is insufficient to satisfy his/her invoice total will be considered in default and will be flagged in our database. Sheridan reserves the right to sell to the next highest qualified bidder in the event the successful high bidder does not comply with the terms of the sale. By bidding on the items in the auction, the buyer agrees to all terms and conditions set forth. By registering and placing a bid you agree that if you happen to become a default bidder, Sheridan has the right to charge your credit card for the entire balance of your invoice, plus any and all costs incurred by the Seller and Sheridan in a subsequent resell of the item(s). If Sheridan is able to sell your item to the next highest qualified bidder at a price lower than the auction high bid price, the default bidder agrees to allow Sheridan to charge their credit card for the difference in their high bid price and the actual selling price to the backup bidder.
Online Bidding: All Sheridan Online Only Auctions are timed events that have an auto-extend feature. Any bid placed on an item within 2 minutes of the auction's ending will automatically extend the auction for 2 minutes on that item. Example: If an auction scheduled to end at 6:00 pm receives a bid at 5:59 pm, the close time of the auction for that item automatically extends to 6:02 pm. The auto-extend feature remains active on a per-item basis until no further bids are received within the 2 minute time frame.
Bidding increments are as follows:
$0 - $200 = $5
$200 - $1000 = $25
$1,000 - $10,000 = $100
$10,000 - $25,000 = $500
$25,000 - $500,000 = $1,000
$500,000 - $1,000,000 = $5,000
$1,000,000 and up = $10,000
During this auction process there is a chance that you will be outbid. At that time you will receive an outbid notification by email. Bidders may also find out if they have been outbid by refreshing the individual lot information. Due to varying internet connections/speed, sometimes email notifications can be delayed. We are not responsible for the failure of any part of the bidding process or internet bidding.
If you are bidding against someone who has placed a max bid in the system that is exactly the same as your max bid, the max bid that is placed first will take precedence over a bid placed after. This means that the person who placed the bid first will have the high bid in the event that the same bid is placed.
Inspection: Public Inspection Monday, June 15, 2020, 9:00 AM through 3:00 PM. We will observe strict social distancing protocols and will allow no more than ten customers into the inspection area at one time. Each buyer may be in the facility for up to one hour unless there are less than ten people present, in which case these individual inspection duration rules will be suspended until other individuals desire to enter the premises. Auction Agents and staff will be available the auction’s closing to facilitate video inspections.
Modifications and Technical Difficulties: Sheridan retains full discretion to modify the date, time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Sheridan or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Sheridan and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither Proxibid nor Sheridan nor the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Bidder’s Agreement: Your use of this site and bid placement constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.
Disclaimers: All items sold AS IS, WHERE IS with all faults and without warranty expressed or implied. Sheridan is not responsible for any missing or incorrect listing information. We have attempted to provide accurate descriptions; however, it is the bidder's responsibility to execute due diligence by inspecting the items, asking questions, and/or conducting any video or photographic inspections to determine the condition of each item. Descriptions that are provided by the Auction Company are provided in good faith and may be matters of opinion. It is automatically acknowledged by registering that you have inspected the items being sold to your satisfaction. By placing a bid, this creates a contractual agreement to purchase the items being sold at the high bid price plus Buyers Premium and any additional fees.
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