ONSITE IN-PERSON LIVE AUCTION TERMS AND CONDITIONS

Woolsey Auction Company

VERY IMPORTANT! READ CAREFULLY BEFORE YOU BID. By registering for a bidder number, you enter into a contract with Woolsey Auction Company and agree to be legally bound by these Terms and Conditions. Terms may change depending on the circumstances of each sale. Announcements made by the auctioneer on the day of the sale take precedence over any printed or advertised material. Please review these terms before participating in any auction.

At a Glance

Example invoice: $100.00 hammer price + $12.00 buyer's premium = $112.00 + $9.74 sales tax (8.7%) = $121.74 total

Buyer's Premium

A 12% buyer's premium will be added to the winning bid (hammer price) of each lot. The buyer's premium is part of the purchase price and is included in your invoice total.

Sales Tax

Colorado sales tax of 8.7% will be charged and collected on all purchases, including the buyer's premium, as required by state and local law. This includes coins.

If you are exempt from sales tax, you must provide a completed Colorado Sales Tax Exemption Certificate (Form DR 0563) at registration, or email it in advance to [email protected]. If we do not have a valid form on file, you will be required to pay sales tax before picking up your purchases.

Bidder Registration

Bidders must be 18 years of age or older and must register with valid photo ID before bidding. Information provided at registration must be current, complete, and accurate. Bidders may be required to place a valid credit card on file at registration.

You are responsible for your bidder number and for all bids made with it. Notify the auction staff immediately if your bidder number is lost or used by someone else. Bidder numbers are not transferable.

Woolsey Auction Company does not sell or rent your information. We use email lists to notify customers about upcoming auctions; contact our office to be removed.

Woolsey Auction Company reserves the right to deny registration, refuse any bid, and suspend or ban any bidder at its sole discretion.

Bidding and Bid Retractions

• The auctioneer controls the bidding and determines the successful bidder. The auctioneer's decision is final.
• When the auctioneer accepts your bid, you are responsible for paying that amount plus buyer's premium and sales tax.
• No bid retractions are allowed. In the event of a dispute between bidders, the auctioneer may, at their sole discretion, reopen the bidding or resell the lot.
• A bid will only be set aside if Woolsey Auction Company, at its sole discretion, determines it was placed in error.

Payment

• Payment is due in full on the day of the auction, at checkout, before any item is removed.
• No item will be released until payment has been received and posted.
• Purchases over $1,000.00 and all titled vehicles must be paid by cash, wire transfer, or other arrangements approved in advance by Woolsey Auction Company.
• Any credit card on file may be charged for unpaid balances and for the fees described in these terms.
• A $10.00 reprocessing fee will be charged for any declined card (expired, non-sufficient funds, or other reasons).
• By bidding, the buyer agrees not to dispute or reverse (charge back) any valid charge for purchases or fees under these terms.

Pick-Up and Removal

All items must be paid for and removed on the day of the auction, at the address listed in the advertising, by the end of the load-out time announced at the sale. We are only onsite on auction day. Many of our onsite locations transfer to new owners the following day, so pick-up times are strictly enforced.

Loading:

• You are required to bring your own help, tools, and equipment (trailers, dollies, straps, blankets, etc.) to load your items.
• Our staff will be onsite to show you where your items are and may help bring items to the curb. You are responsible for loading and securing items in your vehicle. Woolsey Auction Company is not responsible for loading items for safe travel.
• If you need our staff's help loading, arrangements must be made before the end of the auction.

Items not removed:

• Any items not removed by the end of the announced load-out time are considered abandoned and forfeited, with no refund, unless written arrangements were made with Woolsey Auction Company before the end of the auction.
• Abandoned items will be charged a removal fee of $25.00 per lot minimum ($50.00 per lot minimum for large items and furniture), plus any disposal costs.
• We are not responsible for lost, stolen, or damaged items at any time after the auctioneer declares you the winning bidder.

Fees Summary

The following fees will be charged to the card on file when applicable:

• $10.00 reprocessing fee for any declined card.
• $25.00 per lot minimum non-removal fee for any lot or partial lot left behind ($50.00 per lot minimum for large items and furniture), plus all disposal costs.
• $50.00 per hour if our staff must stay past the announced load-out end time on your behalf.
• Repeated late pick-up or failure to remove items will result in revocation of bidding privileges on all of our bidding platforms.

Shipping

Shipping of small items may be available. Please note: we do not offer free shipping.

• A $15.00 packaging fee per box applies for materials and handling.
• We will combine lots in one box to reduce costs unless you tell us otherwise.
• Oversized or very delicate items may be taken to a local UPS Store for packing and shipping.
• All actual shipping, packing, and insurance costs will be charged to the card on file. Unless you specify otherwise, items will be insured for the invoiced amount.
• Shipping requests must be made at checkout on auction day.

For more information, email [email protected] or call the office at 719-275-1439.

Firearms and Titled Items

• All required documents must be completed in full by buyers and sellers (for example: titles, death certificates, letters of authority, creditor liens, and UCC filings when purchasing vehicles, firearms, etc.).
• All firearm buyers must complete ATF Form 4473 and pass a background check before taking possession.
• Out-of-state buyers must have firearms transferred to a licensed FFL (Federal Firearms License) dealer, at the buyer's expense.

Warranties and Condition of Items

• Everything is sold "AS IS, WHERE IS," with no warranties, representations, or guarantees of any kind, expressed or implied. All sales are final.
• Information provided is believed to be accurate, but Woolsey Auction Company is not responsible for the description, authenticity, genuineness, or defects of any lot. No sale will be set aside and no allowance will be made for errors in description or any imperfection.
• Buyers are responsible for inspecting items before bidding and forming their own opinion of condition.

Auction Company Rights

Woolsey Auction Company reserves the right to: end the auction at any time; withdraw any item from the sale; sell items not listed in the advertising; combine lots or divide lots; offer items in bulk; and govern the goods and services sold in order to maintain the integrity of our business.

Reserves

Unless an item is announced as "absolute" or "without reserve," all items are offered with reserve, and the auctioneer may withdraw an item at any time before announcing completion of the sale.

Consignors and Bidders

• All consignors must sign a consignment contract with Woolsey Auction Company and abide by its terms.
• No consignor, seller, or agent of a seller may bid on their own consigned goods.
• Employees of Woolsey Auction Company may bid at any auction.
• All items become the sole responsibility of the buyer once the auctioneer declares the winning bid. We are not responsible for lost or stolen items.

Loss of Bidding Privileges

If you fail to pay for an item or fail to remove items on time, your bidding privileges will be revoked. Privileges may be restored one time by paying for the item (or the lost revenue from the item not being sold) and placing a credit card on permanent file. Repeated late pick-up or nonpayment will result in permanent loss of bidding privileges.

Delinquent Accounts

• All invoices must be paid on the day of the auction. Unpaid invoices will result in permanent revocation of bidding privileges.
• Any bidder who does not pay for or remove their items will be responsible for the costs of storage, trucking, resale, any deficiency balance, collection fees, and legal fees incurred to recover the loss.
• If payment is not made in full when due, Woolsey Auction Company may, in addition to all other legal remedies, keep any deposits or payments received as liquidated damages.

No Liability

• Woolsey Auction Company assumes no liability for your purchases. The buyer agrees to indemnify and hold the auction company and seller harmless from any future claim related to the fitness or use of any item purchased.
• Persons attending the preview, sale, or removal of goods assume all risk of injury, damage, or loss to person and property and release the auction company from liability. Neither the auction company nor the seller is liable for any defect in or condition of the premises where the sale is held.
• Any collection or dispute proceedings will be litigated, arbitrated, or mediated in Fremont County, Colorado.

Use of Photos and Descriptions

All photos and descriptions are the property of Woolsey Auction Company. They may not be copied or used on any other website or platform without written permission.

Compliance

Woolsey Auction Company conducts its auctions in accordance with applicable Colorado law.

Thank you for participating in our auctions!

Alan, Sherril, and Dalton WoolseyWoolsey Auction Company · 719-275-1439 · [email protected]