Some items are exempt from Illinois sales tax and others may be subject to Illinois sales tax or local sales tax. The premium is added to the purchaser's successful bid and the two together equal the total purchase price. This is not an aggregate percentage on the total items bid, but rather a per item percentage rate. If the account is settled by credit card, the buyer?s premium then shall be the standard 20.5%. The buyer?s premium shall be reduced to 18% provided the payment is paid by cash or the equivalent of cash (cashier?s check, wire transfer, or approved personal check). All bid prices ?hammer prices? ("hammer prices" mean the price at which a lot is knocked down to the purchaser) will be subject to a buyer?s premium 20.5% payable by the purchaser. THE AUCTIONEER IS NOT RESPONSIBLE FOR ANY ERRORS OF THE PURCHASER INCLUDING BUT NOT LIMITED TO THE PURCHASER BIDDING ON THE WRONG LOT.Ģ.ěUYER?S PREMIUM AND SALES TAX. By bidding at RIAC's auction, whether in person or by agent, sealed bid, telephone bid, via the internet or other means, the purchaser or bidder agrees that the contract created by these terms and conditions of sale is made and performed in the County of Rock Island, State of Illinois and further agrees that should any dispute arise from this contract the sole and exclusive jurisdiction for contractual disputes is Rock Island County, State of Illinois. The purchaser?s rights and RIAC's respective rights and obligations hereunder are governed by Illinois law. Acceptance of a bidder card or a bidder number constitutes acceptance of the following terms and conditions of sale. Any notices, posted or oral, during the sale, are also part of our terms and conditions of sale agreement. All bidders who participate by bidding in this auction agree to the terms and conditions of sale and agree to be bound by same. The following conditions of sale make up the entire terms and conditions on which items listed in Rock Island Auction Company's (known hereafter as ?RIAC?) catalog, on the internet web site and addendum sheets will be offered for sale or sold by RIAC.
Century arms l1a1 value full#
All items purchased by absentee bidders must be paid for in full immediately upon notification.ġ. All items purchased by successful bidders must be paid for in full the day of sale. The purchaser further agrees to pay the purchase price, buyer’s premium and any applicable taxes before any lot may be transferred. The purchaser assumes full responsibility thereof and if requested will sign a confirmation of the purchase. This purchase is subject to all the terms and conditions set forth herein. At the announcement of “SOLD”, the highest bidder will have purchased the offered lot. The premium is added to your successful bid and the two together equal the total purchase price.
There is a 2.5% discount for payment with cash, approved check or wire transfer. Buyer’s Premium: All bid prices “hammer prices” (means the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium payable by the purchaser of 20.5% of the bid price. All sales are final at the fall of the Auctioneer's hammer. currency or certified check drawn on an American bank.
NOTE TO ALL BUYERS: Method of payment will be U.S. Payment Information: Auction sales are strictly for cash, cashier’s check or checks (with prior approval of the management), MasterCard, Visa or Discover. Please contact the auction house for the preferred shipper’s contact information. Auction Location:ħ819 42nd St W, Rock Island, Illinois, 61201, United States Post front and peep rear sights, with an Imbel receiver, "S/R" marked lower receiver, adjustable gas port, ported flash hider and a smooth stock.Įxcellent, with 98% of the matte black finish, showing some light handling marks overall. Imbel/Century Arms Model L1A1 Semi-Automatic Rifle
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