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GA031 | 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 (2% 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.

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