The Terms and Conditions for buying at auction with Dirk T. Soulis Antiques LLC, DBA Dirk Soulis Auctions may vary.

 

Unless special terms for a specific auction date are advertised on this page below, the Terms and Conditions for bidders who attend the auction in person at 529 West Lone Jack – Lee's Summit Road in Lone Jack, Missouri are HERE.

 

The terms and conditions for bidders who participate via Internet, Telephone or Absentee Bid Form will be announced through those individual platforms and/or document forms.

 

THE FOLLOWING TERMS APPLY ONLY TO IN-HOUSE BIDDERS WHO ATTEND THE AUCTION AND BID IN PERSON, REMOVING THEIR ITEMS DAY OF SALE.

 
  1. Unless otherwise stated in advertising and sale day announcement, for in-house buyers only, the sale price will include a Buyer's Premium of 13% to be added to the final bid accepted by the Auctioneer aka the final hammer price. This 13% premium may be reduced to 10% when payment is made by cash or check and not by credit card, paypal or other methods that impose a fee. All in-house purchases must be paid for at the end of the sale. We will accept Cash, MasterCard, Visa and Discover credit cards. We may accept personal checks with bank BANK LETTER OF GUARANTEE, but we charge, and Buyer must pay, $250 for any "NSF" check returned. In dispute over payment, we may recover, and Buyer is liable for any expenses, costs or attorney fees we incur in collecting payment.
  2. Checks are accepted only with a bank letter of guarantee. The letter of guarantee must meet the requirements outlined HERE and follow this same basic format.
  3. No more than $4000.00 may be paid toward an invoice using Paypal or a Credit Card of any type. Note: Paypal Echeck payments take up to 4 days to clear and will delay the shipping of your purchase until sufficient time has passed.
  4. If and when payment by bank check is accepted without a Bank Letter of Guarantee or in the case of an unconfirmed Bank Letter of Guarantee, Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions Auctioneers reserves the right to hold items purchased by check of any type (including Cashier's Checks) for a minimum of 10 business days before releasing item(s) for removal from the auction premises or shipping.
  5. Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions guarantees the authenticity, age and origin of a lot AS DESCRIBED IN THE ALL CAPITAL LETTERS TITLE OF THE AUCTION LISTING for a period of thirty (30) days from the date of the auction except those lots listed in the title as: "in the style of", "attributed", "attributed to", "the school of", "in the manner of", or "after" and only to the original purchaser of record at the auction and only if the purchaser provides payment within 7 (seven) days of the auction sale day. It is the policy of Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions to have the purchaser obtain, at the purchaser's expense, the opinion of two recognized experts in the field, mutually acceptable to Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions and the purchaser, before any consideration to rescind the sale under the above guarantee. If it is determined to the satisfaction of Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions that the all capital letters listing for an item is incorrect, the sale will be rescinded provided the lot is returned to Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions Auctioneers in the same condition that it was at the time of the auction. The purchasers sole remedy in the event of disputed authenticity of origin of any lot shall be the rescission of the sale and return of the original purchase price and premium paid by the purchaser. Otherwise there are no other guarantees, expressed or implied, all items are sold AS-IS.
  6. WITHDRAWN LOTS: Dirk T. Soulis Antiques LLC, d.b.a. Dirk Soulis Auctions Auctioneers reserves the right to withdraw any property before the auction and shall have no liability whatsoever for withdrawal of the property.
  7. SUCCESSFUL BIDDERS: The highest Bidder 'A'cknowledged by the auctioneer is the buyer. The auctioneer shall be the sole determinant of all winning bidders and shall hold the official record of all sale prices. The auctioneer's declaration of the winning bidder will be recorded in-house and that record of the sale price shall take precedence over any and all electronic record or online readout or any incorrect notification regarding the winning Bidder 'A'nd or the final hammer price for any lot sold.
  8. Once the auctioneer's gavel falls, the successful bidder immediately assumes full risk and responsibility for the purchased lot.
  9. DISPUTED BIDS - In the event of discrepancies, the saleroom records of Dirk Soulis Antiques LLC DBA Dirk Soulis Auctions will take precedence over all other records or statements or invoices regarding hammer price and the final winning bidder of any lot.
  10. ACCEPTANCE OF TERMS: Bidding on any item indicates the bidder's acceptance of the above terms and conditions.

Please Note:

Due to the random nature of bidding patterns it is entirely possible that a floor bidder who is bidding live during the auction could win an item for an amount equal to your maximum absentee/proxy bid, regardless of when that absentee bid was placed.

 

Example: Bidder 'A' places a proxy absentee bid in the amount of $250.00 on lot #1 prior to the auction.

 

On auction day, the auctioneer begins the auction by asking $300 for lot #1, he then drops the asking bid to $200.00. A competing bidder offers an opening bid of $100.00 and with that becomes Bidder 'B', for the sake of this explanation and the bidding begins.

 

What follows is an explanation of how a competing bidder could win the bid on lot #1 for an amount equal to the maximum absentee/proxy bid amount that was registered by an online or absentee bidder who registered their bid days earlier:

  1. No opening bid amount is offered by Bidder 'A' because the online bidding platforms attempt to win items for the lowest possible price.
  2. The auctioneer accepts an opening bid amount of $100 from Bidder 'B' because the online bidding platforms did not make an offer.
  3. The online bidding platform responds with a bid amount of $110.00 on behalf of Bidder 'A'.
  4. Bidder 'B' places a bid of $120.00
  5. The online bidding platform responds with a bid amount of $130.00 on behalf of Bidder 'A'.
  6. Bidder 'B' places a bid of $140.00
  7. The online bidding platform responds with a bid amount of $150.00 on behalf of Bidder 'A'.
  8. (Bear in mind that at no time ever does the online bidding platform reveal to anyone anywhere any maximum bid amounts, bidder identities or chronology of absentee bid placement)
  9. Bidder 'B' places a bid of $160.00
  10. The online bidding platform responds with a bid amount of $170.00 on behalf of Bidder 'A'.
  11. Bidder 'B' places a bid of $180.00
  12. The online bidding platform responds with a bid amount of $190.00 on behalf of Bidder 'A'.
  13. Bidder 'B' places a bid of $200.00 ( the same exact amount as was bid by Bidder 'A' 30 days earlier)
  14. The auctioneer asks for $210.00 but the maximum amount authorized by Bidder 'A' has been exhausted and the online bidding platform does not respond with information of any type.
  15. With no further response from the online bidding platforms or any other bidders, the auctioneer sells Lot #1 to Bidder 'B'. ( the same exact amount as was bid by Bidder 'A' prior to the auction)

Again, the online bidding platform never reveals maximum bid amounts or a timeline of bid placement.