GA012 | The Spring Auction Series
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3<br />
3. Absentee Bids<br />
Absentee Bidding is another convenient solution if you<br />
are unable to attend an auction in person, to speak on the<br />
telephone or if you simply have a strict budget.<br />
An Absentee Bid should be set at the maximum amount<br />
you wish to bid on the lot/s you are interested in purchasing.<br />
Should the lot/s be knocked down at an amount lower than<br />
the bid recorded on your form, the lot will be sold to you for<br />
the lesser hammer price.<br />
Please note Absentee Bids must be received at least 24 hours<br />
prior to the auction to allow time for processing.<br />
To organise an Absentee Bid please follow the link to<br />
the Absentee Bidding form available on our website:<br />
www.gibsonsauctions.com.au.<br />
Please fill in & return via email to mail@gibsonsauctions.com.au<br />
If this is your first time bidding with Gibson’s <strong>Auction</strong>eers<br />
& Valuers, an email address is to be supplied when you<br />
submit your Absentee Bid, along with clear Photo ID verifying<br />
your address.<br />
4. Online Bidding<br />
Online bidding allows you to bid via the internet in real<br />
time with a live broadcast of the auction. To bid online visit<br />
our website and follow the ‘Live Bidding’ link under the<br />
‘<strong>Auction</strong>s’ tab.<br />
Please register for this service at least 24 hours prior to the<br />
auction to ensure you do not miss your lot.<br />
Please note online bidding is powered by Invaluable.com and<br />
so will incur a 5% fee on successful lots.<br />
If you have not bid with Gibson’s <strong>Auction</strong>eers & Valuers<br />
previously, a photo ID verifying your address will be<br />
required before you can be approved to bid. Please email to<br />
mail@gibsonsauctions.com.au as soon as practical.<br />
International Bidding<br />
If you are bidding from overseas for the first time, you will be<br />
asked to provide a clear Photo ID verifying your address and<br />
a deposit (set at Gibson’s <strong>Auction</strong>eers & Valuers’ discretion)<br />
prior to the auction. <strong>The</strong> deposit is refundable within 48<br />
hours should you not be successful. If you are successful<br />
the deposit will be deducted from your invoice total. <strong>The</strong><br />
remaining balance must be paid preferably by direct deposit.<br />
Bank details are provided in the Payment & Collection section<br />
of this guide.<br />
Payment & Collection<br />
Payments<br />
If you are successful an invoice (AU$) will be emailed or<br />
posted to you immediately after the auction.<br />
You will pay the hammer price, plus the buyer’s premium<br />
(22% plus GST) on each Lot, together with any additional<br />
applicable charges such as GST on hammer.<br />
Payments must be made in full by the final day of Collections<br />
as printed in the catalogue.<br />
Bank Transfer/Direct Deposit is our preferred method<br />
of payment:<br />
Account Name: Gibsons <strong>Auction</strong>s<br />
Bank:<br />
Bank of Melbourne (A division of St George)<br />
BSB: 193879<br />
Account No: 441701443<br />
Swift Code: SGBLAU2S<br />
Routing Code: 021000021<br />
Bank Address: 197-201 Glenferrie Road, Malvern, Vic, 3144<br />
• Personal, Company and Bank Cheques are not accepted<br />
without prior approval.<br />
• Eftpos (no charge).<br />
• Credit cards: Visa and Mastercard (1.2% inc GST merchant<br />
fee) and American Express (3% inc GST merchant fee).<br />
• Please note that credit card transactions over $5,000<br />
will not be accepted over the telephone unless by prior<br />
arrangement.<br />
• Cash payments up to AU$10,000 can be accepted. For any<br />
amount over this, cash is to be deposited directly into our<br />
account at a Bank of Melbourne/St George branch.<br />
Collections<br />
Gibson’s <strong>Auction</strong>eers & Valuers are happy to assist and<br />
provide you with recommended transport companies whether<br />
it be a local, interstate or international delivery.<br />
Storage<br />
All items must be paid for and collected within the collection<br />
times advertised for each individual auction. If items are not<br />
collected within this time-frame, Gibson’s <strong>Auction</strong>eers &<br />
Valuers reserve the right to charge removal and storage fees.