TERMS AND CONDITIONS

Introduction

The Terms and Conditions set forth herein govern all transactions generated by the simulcast auction conducted by Wilson Auction and Realty, Inc. (“Auction Company”).  All bidders who submit the highest bid for any auction item agree to these Terms and Conditions.  

Registration

To register online, you must provide certain information, including but not limited to, your email address and your credit/debit card information to be used for any purchases.

Bidders expressly authorize the Auction Company to use the Bidder’s credit/debit card to satisfy the payment amount.

Bidding and Purchase Conditions

Buyer’s Premium:  For onsite bidders, a 10% Buyer's Premium will be added to the high bid price to determine the final sale price.  For online bidders, a 15% Buyer’s Premium will be added to the high bid price to determine the final sale price.

Procedure:  Each of the 79 Firearms will be offered individually. Simultaneous live and online bidding will take place. Go to www.wilsonauctions.com to bid online. There will be open bidding during the auction as determined by the Auctioneer. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. All decisions of the Auctioneer are final. 

All items are sold AS IS-WHERE IS and WITH ALL FAULTS with no warranties, representation or guarantees expressed, implied or otherwise given.  All sales are final. Auction Company shall not be responsible for any errors or omissions in the description of any auction item unless it is a material and intentional misrepresentation of the item itself.  No deduction will be allowed on damaged items.

Bidders are encouraged to preview and inspect items before making a bid or commitment to buy. All questions regarding items should be asked prior to bidding. Bidders who bid from off-site and are not able to preview understand and acknowledge that their inspection of an item may not be as precise as a first-hand inspection. 

Bidder acknowledges that all used / not new items are available for inspection prior to the auction and Bidder shall solely rely on personal inspection to determine the item’s condition, age, genuineness, value or any other determinative factor. Bidder’s failure to inspect, or otherwise be fully informed as to the condition, age, genuineness, value or any other determinative factor of any item will not constitute grounds for any claim, adjustment, refund, termination of the contract for sale or refusal to close the sale. 

By bidding, you enter into a legally binding contract to purchase an item when you commit to buy an item, your offer for an item is accepted, or if you have the winning bid. The binding contract is between the Bidder and the Owner/Seller.

Indiana Sales Tax of 7% will be charged and collected on all purchases as required by appropriate state/local laws. 

The record of sale kept by the Auction Company, any audio tape of the auction, and the bookkeeper’s records will be taken as final in the event of any dispute.

Auction Company reserves the right to terminate the auction at any reasonable time, for any reason, to withdraw from sale any item or to sell at this auction items not listed.

Firearm Transfers

All firearm transfers will be performed by Red Ghost Gun Shop, 9540 Big Cynthiana Road, Evansville, IN.  Guns purchased at the auction will be taken to Red Ghost Gun Shop for processing and transfer.  Buyers can pick up their purchases from Red Ghost Gun Shop starting Tuesday, October 19, 2021, during regular business hours, 10AM - 6PM CT.  

Out-of-state buyers are subject to laws in their state regarding the buying and transferring of firearms.  Red Ghost Gun Shop will transfer firearms to out-of-state buyers in accordance with that buyer’s state laws.  Handguns must be transferred by a dealer in the buyer’s state of residence.  Buyer must have their in-state dealer accepting the transfer contact us with a copy of their license to facilitate that transfer.   

The cost on all gun transfers is $25.

Payment Terms and Fees

All items awarded to the highest Bidder are property of such highest Bidder upon payment in full of the purchase price, which will be charged to the credit/debit card used to register for online bidding.

For on-site buyers: a fee for Non-Sufficient Funds checks per occurrence will be charged. NO CREDIT ALLOWED.

In default of payment of bills in full within the time announced for this auction, the Auction Company, in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. With regard to unpaid balances, the Buyer agrees to pay all reasonable attorney fees and costs incurred by the Auction Company in the collection of funds. Buyer also agrees that a fee of 2% per month be added to the balance of any unpaid balance due to the Auction Company and any other costs or losses incurred by the Buyer’s failure to adhere to these terms. Any debt collection or dispute proceedings will be heard in Posey County, Indiana. Buyer should be aware that invoice delinquency will lead to the disabling of a bidder account, making all bidding unavailable on the Site.

No Liability and No Warranty

Auction Company assumes no liability for a Buyer's purchases. Buyer assumes and does agree to indemnify, defend, and hold the Auction Company, its employees, and the Owner/Seller, harmless from any future claim that shall pertain to the fitness, condition, or use of the auction item being purchased. 

Persons attending during exhibition, sale or removal of items assume all risks of damage or loss to person and property and specifically release and indemnify the Auction Company from liability thereof. Neither the Auction Company nor its principal or Owner/Seller shall be liable by reason of any defect in or condition of the premises in which the sale is held. 

Bidder/Buyer accepts responsibility for and agrees to indemnify, defend, and hold harmless the Auction Company, its employees, and the Owner/Seller from and against any and all claims, losses, damages, liabilities, judgments, fees, costs, and expenses related to, arising from, or associated with Bidder/Buyer’s use of the Site, including but not limited to personal injuries or property damage incurred on the sale premises or during removal and transportation of any auction item.

Auction Company does not guarantee continuous, uninterrupted or secure access to its services, and operation of the online auction site may be interfered with by numerous factors outside of its control, including but not limited to telecommunications network disruptions. Bidder acknowledges that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. The Auction Company reserves the right to void any sale, temporarily suspend bidding, and re-sell any items that were affected by any malfunction.

William Wilson Auction Realty is in complete accordance with Indiana statutes and Indiana Administrative codes, Title 25, Title 812, Department of Revenue Tax Bulletin #20, and Reference IC 6-2-4. 

Employee Bidding

Employees of Wilson Auction and Realty, Inc. may bid at any auction if it is their intent to purchase an item. 

Contacting Auction Company

If you have any questions about this Terms of Use Agreement, the practices and policies of this Site or your dealings with this Site, you can contact:

Wilson Auction and Realty, Inc.

(812) 682-4000