Pawtuxet industrial Park • 100 Bellows Street, Building 13 • Warwick, RI 02888
401.941.7451 • 401.941.8345 fax

INTERNET TERMS OF SALE:
(please note that you must accept these terms on the online portion of our website
prior to being authorized to place online bids-these terms are posted for your convenience only)

1. ALL BIDDERS MUST PROVIDE IDENTIFICATION, OBTAIN BIDDER NUMBER AND PROVIDE DEPOSIT OF 25% OF THE EXPECTED HIGH BID, IN US FUNDS, TO OBTAIN BIDDER NUMBER. COMPLETE NAME, ADDRESS, COMPANY NAME, TELPHONE NUMBER(S), FAX NUMBERS AND EMAIL ADDRESS MUST BE PROVIDED. P.O. BOXES MUST BE ACCOMPANIED BY A PHYSICAL ADDRESS. A CREDIT CARD IS REQUIRED TO RECEIVE AN INTERNET BIDDER NUMBER. TO DOWNLOAD CREDIT CARD FORM PLEASE CLICK HERE.


2. ALL ITEMS MUST BE PAID FOR IN FULL BEFORE REMOVAL BY CASH, CERTIFIED CASHIERS CHECK, VISA/MASTERCARD/DISCOVER, WIRE TRANSFER OR COMPANY CHECK WITH BANK LETTER OF GUARANTEE. EXAMPLE OF BANK LETTER IS AS FOLLOWS: "Person or Company Name" is a customer of "Bank Name" and has established satisfactory accounts at this bank. "Bank Name" will guarantee unqualified payment in full to Salvadore Auctions & Appraisals, Inc. on the account listed up to the amount of $______ in US Funds. This letter of guarantee is good for thirty (30) days after the auction date. Letter must be signed by an authorized bank employee, account must be listed and telephone number of authorized person must be provided. Original Letter must be presented, copies will NOT be accepted. NO EXCEPTIONS.
3. ALL ITEMS SOLD ON AN "AS IS, WHERE IS" BASIS WITH NO WARRANTIES OR GUARANTEE'S EXPRESSED NOR IMPLIED. ITEMS SOLD TO THE HIGHEST BIDDER. ALL LOTS SOLD THROUGH THE INTERNET SUBJECT TO 13% BUYERS PREMIUM, PLUS AN ADDITIONAL 2% INTERNET PREMIUM. A 3% Discount IS ALLOWED FOR CASH OR CHECK PAYMENTS. ALL PURCHASERS ARE SUBJECT TO STATE SALES TAX UNLESS THE APPROPRIATE SALES TAX EXEMPTION CERTIFICATE HAS BEEN FILED WITH THE AUCTION COMPANY PRIOR TO SETTLEMENT.
3a. INVOIVING: ALL SUCCESFUL BIDDERS SHALL BE INVOICE EITHER BY FAX OR BY ELECTRONIC MEANS IMMEDAITELY AT THE CLOSE OF THE SALE, OR THE CLOSE OF THE SALE FOR THAT DAY. PAYMENT IS REQUIRED WITHIN 24 HOURS IF PAYMENT IS MADE BY CHECK OR WIRE TRANSFER. ALL CREDIT CARD CHARGES SHALL BE MADE AT THE CLOSE OF THE SALE, OR IN THE EVENT OF A MULTI DAY SALE, THE CLOSE OF THE SALE FOR THAT DAY. ALL INVOICES MUST BE SETTLED BY April 21, 2005.

4. REMOVAL IS AT THE SOLE EXPENSE, RISK AND LIABILITY OF THE BUYER. ALL ITEMS MUST BE REMOVED BY April 26, 2005, UNLESS OTHER ARRANGEMENTS HAVE BEEN MADE WITH THE AUCTIONEER OR RECEIVER. NO LOT SHALL BE REMOVED FOR ANY REASON DURING THE SALE. THE BUYER IS SOLEY RESPONSIBLE FOR REMOVAL. INTERNET PURCHASERS MAY CONTACT THE ONSITE RIGGER/PACKER FOR ASSISTANCE WITH PACKING AND/OR SHIPPING. ANY COMMERCIAL RIGGER, MOVER, CRANE OPERATOR OR ANY OTHER PERSON OR COMPANY ENGAGING IN TRANSPORTATION OR REMOVAL OF ITEMS FROM THE AUCTION SITE MUST PRODUCE A VALID CERTIFACTE OF INSURANCE, WITH COVERAGE TO US$2,000.000.00, PRIOR TO COMMENCEMENT OF ANY WORK ON SITE. ANY ITEM LEFT ON SITE AFTER April 26, 2005 IS AT THE RISK OF THE PURCHASER.


5. ITEMS SOLD ARE NOT WARRANTED AS MERCHANTABLE OR FIT FOR ANY PARTICULAR PURPOSE. NO CLAIMS ALLOWED FOR CONDITION OR USE OF ANY ITEM WHATSOEVER. AUCTIONEER IS NOT RESPONSIBLE FOR CORRECT DESCRIPTION, AUTHENTICITY OF OR GENUINE NATURE OF ANY ITEM, DEFECT IN, OR IMPERFECTIONS OF ANY ITEM OR LOT.


6. AUCTOINEER IS NOT REPSONSIBLE FOR LOSS OF PROSPECTIVE OR PROPSOED BID BY BIDDER THROUGH, BY OR FROM LOSS OF CONNECTION TO BIDDING PLATFORM, AUCTION APLET, DISRUPTIONS IN CONNECTIVITY, MISSED BIDS RESULTING FROM INTERNET DISPRUPTIONS OR BANDWIDTH. PROSPECTIVE BIDDERS USING THE INTERNET BIDDING PROCESS DO SO AT THEIR OWN RISK. INTERNET BIDDING IS PROVIDED TO THE AUCTIONEER BY A THIRD PARTY PROVIDER.


7. AUCTIONEER RESERVES THE RIGHT TO WITHDRAW OR ADD ITEMS TO THE SALE.


8. ITEMS SOLD BY ESTIMATED WEIGHT, COUNT OR MEASURE ARE BILLED AT AND PURCHASER WILL BE REQUIRED TO PAY FOR THE ESTIMATED WEIGHT COUNT OR MEASURE. IF AT DELIVERY A SHORTAGE EXISTS A REFUND WILL BE GIVEN AT THE RATE OF SALE, IF AN OVERAGE EXISTS PURCHASER IS REQUIRED TO PAY FOR THE EXCESS.
8a. ITEMS THAT ARE SOLD "CHOICE" THE SUCCESSFUL INTERNET BIDDER SHALL ACCEPT SUCCESSIVE LOT NUMBERS AS CHOICE. ITEMS THAT ARE SOLD "QUANTITY X PRICE" THE SUCCESSFUL INTERNET BIDDER SHALL PAY THEIR BID MULITPLIED BY THE QUANTITY.


9. AUCTIONEER'S DECISION ON BIDDING DISPUTES BETWEEN BIDDERS IS FINAL. AUCTIONEER MAY AT REOPEN BIDDING ON ANY ITEMS AT ANY TIME TO RESOLVE ANY DISPUTE AND RESELL AN ITEM IN DISPUTE TO THE HIGHEST BIDDER. THE AUCTIONEER'S DECISION IS FINAL AND SHALL BE HELD AS ABSOLUTE.


10. AUCTIONEER RESERVES THE RIGHT TO REJECT ANY AND ALL BIDS. AUCTIONEER RESERVES THE RIGHT TO BID ON BEHALF OF THE SELLER ON ITEMS WHICH HAVE A RESERVE OR ARE SOLD SUBJECT TO OWNER CONFIRMATION.


11. AUCTIONEER IS ACTING SOLELY AS AGENT AND IS NOT RESPONSIBLE FOR THE ACTS OF ITS PRINCIPALS.


12. ADDITIONAL INTERNET TERMS AND CONDITIONS ANNOUNCED AT THE TIME OF THE SALE TAKE PRECEDENCE AND ARE SUPERCEDANT TO THESE TERMS AND CONDITIONS.