1. PAYMENT INSTRUCTIONS: a. You must be at least 21 years old and have a valid credit card on file with our company to register for and participate in our auctions. b. The first time you save a new card to your account, there is a $100 soft charge and void to confirm there are funds available. This soft charge will automatically be voided in 5-7 business days, depending on your financial institution and merchant services provider. Alaska Premier Auctions and Appraisals LLC does not receive these funds in any way. You must reach out to your financial institution for resolution beyond the typical timeframe. c. Your credit card on file with our company will be charged immediately following the close of the auction unless your invoice amounts to more than $3,000. In the event your card isn’t charged immediately, it will be charged within 24 hours of the auction closing for invoices under $3,000. d. If your credit card on file is declined for any reason you will incur a $15 Declined Card fee on your invoice. Please ensure your payment and contact information on file is correct, currently valid, and able to cover the entire invoice purchase price. The fee is also in effect when we attempt to process payment for shipping or other related services pertaining to your purchases. e. Payments over $3,000 can only be made by cash, cashier’s check or wire transfer. f. To arrange another form of payment such as cash, cashier’s check, or wire transfer for invoices under $3,000 you must contact Alaska Premier Auctions and Appraisals LLC in writing at least 24 hours before the auction begins closing to ensure your request is received. If your alternate payment is not received by the pick-up deadline then your card on file may be charged for your full invoice total, including any applicable fees, regardless of the total amount due. Email us at Admin@AlaskaPremierAuctions.com to specifically arrange an alternate method of payment. g. Cash payments must be made with exact change. No discounts for cash payments. h. No personal or out-of-state checks will be accepted. i. Wire transfers will have a $30 fee applied to the invoice total. j. If your invoice is not paid within seven business days of the auction closing for any reason, our auction house reserves the right to ban you from future auctions. This will affect your ability to bid on any current or future auctions with Alaska Premier Auctions and Appraisals LLC. 2. PAYMENT INFORMATION: a. Alaska Premier Auctions and Appraisals LLC accepts: • Discover, MasterCard, Visa, American Express • Cash (Must Be Exact Change) • Cashier's Check • Wire Transfers b. The currency for all purchases is USD. c. There is a 15% buyer’s premium on all winning bids. d. Credit card transactions are subject to an additional 4% convenience fee. e. We also collect a 5% Municipality of Anchorage Alcohol Sales Tax on all alcohol transactions. f. Buyer agrees to not initiate a chargeback for their purchases under any circumstances. If you initiate a chargeback for any reason, the auction house reserves the right to ban you from future auctions. g. Transportation, storage, shipping, and handling fees are at the sole discretion of the Auctioneer. h. Auctions with inventory located outside of Anchorage may be subject to additional sales tax as required by the corresponding municipality or borough. 3. PREVIEW: a. Limited in-person previews are available by appointment. All previews will take place at Alaska Premier Liquor 1220 West International Airport Road, Anchorage, AK 99518. b. Additional photographs, videos, or condition reports available upon request, please forward requests to Admin@AlaskaPremierAuctions.com 4. SHIPPING: a. No Shipping is Available. 5. BIDDING ONLINE: a. All bids placed are final. As a company policy, we do not retract bids as it interferes with the integrity of the auction. If you default on payment or have your high bid removed for any reason, you will be liable for any difference in sale price between what your high bid was, and the final sale price of the lot. b. The auction will close at a rate of three lots per minute. If a bid is placed within an item's closing minute, the lot will be automatically extended by one minute. c. Company Defined Online Bidding Increments: $0 - $50: $5, $51 - $200: $10, $201 - $500: $25, $501 - $1,000: $50, $1,001 - $10,000: $100, $10,001 - $50,000: $250, $50,001 - $100,000: $500, $100,001 - $1,000,000: $1000, $1,000,001 - $5,000,000: $5000, $5,000,001 - $10,000,000+: $10,000 d. Bid increments are subject to change at any time at the auctioneer's discretion. e. When a user places a Maximum Bid it will be placed equal to the reserve price if said Maximum Bid exceeds the reserve. If the Maximum Bid amount is below the reserve the bid will be placed for the full amount. f. The auctioneer reserves the right to lift a reserve price at any time which guarantees a sale to the highest bidder at any price. g. Being the high bidder on an item, with or without reserve, is a legally binding commitment to purchase the item for the amount of the high bid. This does not include Maximum Bids which exceed the amount of the current high bid. h. Alaska Premier Auctions and Appraisals LLC is providing Internet auction bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly on the day of the auction. Under no circumstances shall Bidder have any kind of claim against Alaska Premier Auctions and Appraisals LLC or anyone else if the Internet service fails to work correctly before or during the timed or live online auction. Alaska Premier Auctions & Appraisals LLC will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bids are acknowledged should use the website feature and leave their maximum bid 24 hours before the auction ends. i. Alaska Premier Auctions and Appraisals LLC reserves the right to withdraw, re-sequence, or re-catalog items in this auction at any time, for any reason. 7. CONDITIONS OF SALE: a. All property is sold “AS IS”, and ALL SALES ARE FINAL. Bidder agrees that everything is sold as-is and that they may not return any item they purchase. THERE ARE NO REFUNDS. b. Items may have wear and tear, imperfections, or the effects of aging. Any condition statement given, as a courtesy to a client, is only an opinion and should not be treated as a statement of fact. All dimensions provided are approximate. c. Buyers are always encouraged to inspect items in person prior to bidding to make their own determinations as to condition, age, size, authenticity, value and any other determining factor by appointment only. Not all inventory will be open for previews. Additional detailed condition reports such as photos, videos, or other, can likely be provided upon request with enough advance notice at least 48 hours prior to auction closing. Bidder shall be the sole judge of value and authenticity and may not make any contest regarding any determining factor. Bidders who participate from off-site and forego the opportunity to be present at the preview understand and acknowledge that this affects their ability to inspect an item as well as if they examined it in person. d. Alaska Premier Auctions and Appraisals LLC may attempt to describe the merchandise in advertising, on the Internet, and at the auction but makes no representations. In no event shall Alaska Premier Auctions and Appraisals LLC be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Alaska Premier Auctions and Appraisals LLC shall endeavor to describe in detail each item and any pertinent information about it. e. Alaska Premier Auctions and Appraisals LLC will not be responsible for any errors or omissions in the description of the merchandise unless it is a material misrepresentation of the item itself. f. Any high/low estimates provided are a courtesy only, and not a guarantee of the sales price. 8. WARRANTIES OF OWNER/REPRESENTATIVE: a. The owner/representative warrants that he/she is the owner or has the right to sell listed items and has merchantable title to the items of personal property offered for sale and hereby grants to the Auctioneer the right to convey a merchantable title to successful high Bidder after payment has been received in full. The Owner/representative guarantees clear title, and that liens on the listed property be so stated whereby arrangements will be made so that clear title will be issued to the purchaser. In the event the owner/representative is unable to clear the title, the owner/representative will be liable for any pre-sale expenses incurred by the Auctioneer, and/or a withdrawal fee. 9. GOVERNING LAW & VENUE: a. This agreement is governed by and construed in compliance with the domestic laws of the State of Alaska without giving effect to any choice-of-law or conflict-of-law provision or rule (whether of the State of Alaska or of any other jurisdiction) that would cause the application of the laws of any jurisdiction except the State of Alaska. All disputes related to this agreement shall be resolved in a court of law located in Anchorage, Alaska. 10. ACCEPTANCE: a. By bidding in our auction, the Bidder accepts and agrees that they have read and agreed to the Terms & Conditions of the auction in their entirety. Thank you for your understanding, accordance, and acceptance of these Terms & Conditions.