After 30 Days – File a Civil Complaint against the buyer to recover any balance due plus court fees, interest, storage fees, administrative costs, attorney fees, and any other applicable financial hardship caused to Matthew Bullock Auctioneers, and/or the consignor, or pursue other collection avenues to recover any and all losses.Īfter 45 Days – Re-offer the items for sale, either publicly or privately, and collect any remaining balance owed after such sale from the original buyer, including, but not limited to:.If a buyer fails to make payment within 30 days of the day of sale, Matthew Bullock Auctioneers shall be entitled to do any or all of the following: Matthew Bullock Auctioneers pays its consignors 4-6 weeks after the day of sale. Any invoices over $5000 must be paid via bank wire.New Bidders with invoices over $2500 must pay via bank wire.All coin-currency-jewelry invoices over $1000 must be paid by bank wire, cash, or check unless otherwise specified by the auction company.If you bid through Invaluable/Auction-Zip: You must pay through the invoice sent via Shipping Saint.
If you bid through ProxiBid: You must make sure the card you have on file is up-to-date and that your bank will allow us to run your card by 9 am the following business day after the auction ends.
If you bid through Live Auctioneers: You must pay through your invoice.Payments will be processed by Live Auctioneers and a 3% processing fee will be added to your total by Live Auctioneers. Matthew Bullock Auctioneers will consider payment through PayPal only for domestic orders, owing to the extremely high service charges for international transactions.įor all platforms, we use Shipping Saint which will send an email or text asking to verify your billing and shipping information with a link to pay the shipping invoice. We encourage you to pay by approved check or cash to avoid the credit card convenience fee. The purchaser agrees to pay Matthew Bullock Auctioneers a handling charge of $25 for any check dishonored by the Bank.įor our Live Auctions Only: Due to credit card processing charges, in the event a buyer desires to pay by using a credit card, a convenience fee equaling 3 % of the entire amount due shall be added to the buyer's invoice. Matthew Bullock Auctioneers reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. If you are paying for your items when you pick-up or if you are paying with a check, you must contact the auction gallery either by email at or call us at (815)-220-5005.įor on-site bidders in our live gallery auctions, the buyer's premium is 13%.įor our website in addition to the hammer price, the buyer agrees to pay Matthew Bullock Auctioneers a buyer's premium of 18.5%, an additional 3% will be charged for all invoices paid by credit card.īuyer’s Premium for 3rd party websites will vary from 22% to 27%īidders that successfully bid directly with Matthew Bullock Auctioneers, through in-person, absentee, or telephone bids, shall be subject to a 13-18.5% buyer's premium. AFTER 30 DAYS OF FAILURE TO PAY, THE ITEMS WILL THEN BE RESOLD. If the payment is not made, your dispute will stand and you will no longer be able to bid in our auctions and possibly unable to bid across all auction platforms we use. The dispute can be removed once the payment is made. Effective January 1st, 2021 - We will be accepting E-checks for payment.ĪLL INVOICE PAYMENTS ARE TO BE PAID WITHIN 10 DAYS OF THE SALE OR A DISPUTE WILL BE FILED.Buyer's premium is 18.5% for online bidding & 13% for on-site bidding, A 3% surcharge will be charged for all invoices paid by credit card.There will be no tax added to COINS, CURRENCY, or BULLION.Bidders may submit a Tax Resellers Certificate to: to avoid the new tax.7% Tax will be collected on all Illinois and out-of-state bidders.**ATTENTION AUCTION BIDDERS** 2021 NEW TAX LAWS - ILLINOIS PASSED NEW TAX LAW FOR AUCTIONEERS We will not accept payments over the phone.
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