BUYER’S PREMIUM & SALES TAXES
A 15% Buyer’s Premium will be charged to all buyers on every purchase. Lone Star Auctioneers, Inc. will not refund or reimburse the buyer’s premium on any item based on errors and/or omissions of the appraisal.

California state sales tax will be collected from all buyers who do not submit appropriate resale documentation prior to Wednesday, May 25, 2005.

Absentee bids are accepted in writing and must be received prepaid in full prior to the deadline for this auction. For bids received at Lone Star headquarters in Fort Worth, Texas, that deadline is: Noon - Wednesday, May 25, 2005. For bids received at the preview and auction site, the deadline is 5 PM on a May 26, 2005. Send a signed copy of the Bid Forms, Terms & Conditions and prepayment to: Lone Star Auctioneers 4629 Mark IV Parkway, Fort Worth, TX 76106-2295. Bids & payments received after deadline will be returned unprocessed.

Pre payment must be in U.S. funds in cash, cashier’s check or U. S. checks with a valid bank letter of guarantee. Bank letter of guarantee must be an ORIGINAL on bank letterhead, and must read as follows:

Lone Star Auctioneers will refund any unused portion of the absentee bid to the bidder by check. In the event identical bids are received, the earliest postmark will take precedence. Absentee bids shall be accepted in competition with all other bids. Absentee bidders must agree to abide by the same Terms and Conditions of Sale as all other bidders.

Successful absentee bidders will be notified by phone, and assume all responsibilities, liabilities, insurance, and expenses for shipping. Unsuccessful absentee bidders will receive their cashiers checks or checks with bank letter of guarantee returned following the auction by regular mail unless otherwise requested. Other means specified and paid for by bidder will be used as requested.

INSURANCE, SHIPPING AND HANDLING:
There will be a minimum $25.00 handling fee for purchases on EACH DAY of auction. Buyers who purchase on Thursday, Friday and Saturday auction days (or any combination of days) will be charged shipping and handling for each day’s purchases on an invoice generated at the end of each auction day. Insurance, Shipping and Handling will be calculated according to the shipping chart provided. Please estimate shipping according to this chart. Click here to see a complete shipping chart.

SALES TAX:
California state sales tax 7.25% will be collected from all buyers who do not complete appropriate resale documentation upon registration for the auction and prior to making purchases.

Texas State Sales tax of 8.25% will be collected from all taxable buyers taking possession of their purchases in Texas.

Lone Star Auctioneers, Inc. assumes no responsibility for failure to execute absentee bids. The final bid prices and reports from the auction are provided to our client, the seller.