FEES CALCULATED PER ITEM ON LAST AND FINAL BID
$1 -$4000 (8%),
$4001 -$25,000 (7%)
$25,001 -$50,000 (6%)
$50,001 – $75,000 (5%)
$75,001 & Up (4%)
An additional 2% Fee Will Be Added to Successful Online and/or Live Online Simulcast Bids.
Satisfactory settlement in U.S. Funds is to be made during or at the conclusion of the auction.
Purchased items will not be released until the total purchase price has been fully paid. A Buyers’ Fee (based on hammer price of item) will be added to all invoiced purchases. Online Bidding Fees will not be applied to purchases made by an On-Site Bidder. Purchaser must pay all state and local sales tax on an item when applicable. (Refer to Tennessee Sales Tax section).
Payment will be accepted by cash, check, cashier’s check, wire transfer or ACH. A Bank Letter of Guarantee drawn on a U.S. Bank addressed to Ritchason Auctioneers, Inc. must accompany all checks over the amount of $2,000. VISA, MasterCard, Discover and American Express will be accepted on purchases under $2000 (a 3% Admin Fee will be added to all credit card purchases). International Buyers must pay by wire transfer or ACH. If balance is not paid in full by six (6) calendar days from the day of auction, a late fee in the amount of $100 per day will be added to the invoice.
Read Full Terms & Conditions HERE