Sale Terms and Important Information

Removal: All dismantling & removal will be performed by an independent rigging company.

Each item sold will have a quoted Required Rigging and Loading Fee listed on the catalog. All removal is to the door of the facility with major components onto flatbeds or into trucks you supply.
No customers will be allowed within the facility for removal purpose of any nature other than to discuss arrangements with a representative from either the auction or the rigging company. Arrangements can be made for delivery to the destination of your choosing.

Terms: There will be an 18% Buyer Premium. A 3% discount will apply to all payments that are made in cash, certified funds or by wire. All wire payments will be accompanied by a $25.00 surcharge/processing fee. Credit card payments will only be accepted on total purchases up to $3,500.00

Inspection: The facility will be available for inspection On Tuesday & Wednesday, June 21st & 22nd from 9 AM to 4 PM. Private tours and/or inspections can be made by contacting the auctioneer's office at 617-227-6553 and asking for Michael Saperstein.

To Qualify to bid on Lot 1, a $50,000.00 refundable deposit is required.  If you are the successful bidder, the deposit will become non refundable.  If you are not the successful bidder, a wire or check will be returned to the depositor within 3 business days.  

All funds will be collected in US Dollars.

Auctioneer reserves the right to reject any and all bids. 

Sales tax will be charged and collected on all purchases unless the clerk is furnished with acceptable proof of exemption. 

All potential online buyers must register at www.bidspotter.com prior to the auction and may be required to provide additional information to satisfy auctioneer.  Paul Saperstein Company may, in its sole discretion, deny registration to any person or entity. 

Auctioneer reserves the right to withdraw any of the items advertised to be sold, to sell items not listed, to group two or more lots into one lot number or to subdivide one lot into two or more lot numbers. Auctioneer reserves the right to offer all lot numbers in the entirety. 

No article shall be removed unless it is paid for in full. All articles purchased shall be removed within the time period made by the auctioneer during announcements prior to the sale. Each buyer is responsible for removing his/her items won at the auction. This means you should arrange for a shipper, hire your own help and bring your own handling equipment. Auctioneer will not, in any event, be liable for non-removal of items by the purchaser. 

Winning bidders can request a printed paper invoice from the bookkeeper at the sale location during or after the sale.  At the conclusion of the sale, online bidders will be sent an electronic invoice to the email address provided during registration. Invoices can be faxed upon request. Detailed payment instructions for each sale are available in the terms section on the website and on the front page of your catalog.  Online bidders will be sent payment instructions via email along with their invoice.  They will be responsible for same deposit requirements as onsite bidders.

Auctioneer reserves the right to withdraw any of the items advertised to be sold, to sell items not listed, to group two or more lots into one lot number or to subdivide one lot into two or more lot numbers.   Additionally, Auctioneer reserves the right to offer all lot numbers in the entirety. 

We have posted contact information for local shippers, but they are in no way affiliated with the Paul E. Saperstein Company. Additionally, the buyer is liable for any damages caused during the inspection or removal process. 

No article shall be removed unless it is paid for in full.  No items are to be removed during the auction sale unless otherwise permitted by a representative of the Paul E. Saperstein Company.  All articles purchased shall be removed within the time period made by the auctioneer during announcements prior to the sale.  Each buyer is responsible for removing his/her items won at the auction.  This means you should arrange for a shipper, hire your own help and bring your own handling equipment.  Auctioneer will not, in any event, be liable for non-removal of items by the purchaser.   If items are left at the auction site beyond the last day given for removal, the items shall be deemed as abandoned.  Seller shall have no further obligation to the buyer for these abandoned items. 

Our catalogs are prepared for informational purposes only. We do not guarantee or warrantee any of the information provided to you. We strongly encourage all bidders to inspect items prior to the sale. 

All potential online buyers must register at www.bidspotter.com prior to the auction and may be required to provide additional information to satisfy auctioneer. Paul Saperstein Company may, in its sole discretion, deny registration to any person or entity. 

In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all money received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of resale including legal fees, will be charged to the defaulting purchaser. 

BIDDING STARTS AT THE NOMINAL OPENING BID INDICATED BY THE AUCTIONEER FROM THE AUCTION BLOCK AND IS OPEN TO ALL REGISTERED AND APPROVED BIDDERS.  AUCTIONEER SHALL HAVE THE RIGHT TO SET BID INCREMENTS, ACCEPT OR REJECT ANY AND ALL BIDS DURING THE PROCESS.  BY REGISTERING FOR THE AUCTION, YOU ACKNOWLEDGE HAVING READ, AGREED TO, AND ACCEPTED THESE TERMS & CONDITIONS, AS MAY BE UPDATED FROM TIME TO TIME PRIOR TO OR DURING THE AUCTION. YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY RESPONSIBLE, LEGALLY AND FINANCIALLY FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING HIMSELF/HERSELF OR ACTING AS AN AGENT.  ANY BID ACCEPTED ONLINE OR AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE.

ANY BIDDER WHO FAILS TO CONSUMMATE A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE SELLER AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS. YOU ACKNOWLEDGE THAT ACCEPTANCE BY ELECTRONIC MEANS IS BINDING AND ENFORCEABLE PURSUANT TO THE ELECTRONIC SIGNATURES IN GLOBAL TRANSACTIONS ACT (“UETA”) AND APPLICABLE STATE LAWS.