Smith House Toy and Auction Company

Terms and Conditions of Sale


In order to Register and Bid on-line,
you must read and agree to the following terms

Terms and Conditions of Sale

By submitting bids in this auction, whether it be by internet bidding, telephone, fax, email, mail or any other method, you agree to the Terms and Conditions of Sale as follows:


1. BIDDING: Each item has a minimum bid (last entry in the description). You may bid as much as you want over the minimum bid. You may bid via any or all of the methods below. End of Auction date appears on the front cover of the catalog. All times given are eastern times (ET).

A. BY MAIL: Use the mail bid form enclosed. Please call if you would like your bids confirmed.

B. BY TELEPHONE: Whether or not you have sent in a mail bid, you must raise the latest high bid by at least the increments stated in 1F.

C. BY E-MAIL: The e-mail address for BIDDING ONLY is auctions@smithhousetoys.com. You may start bidding upon receipt of the catalog or posting of the auction on the website. E-mails will be treated as telephone bids. To confirm, please call or check your bid page on the website.

D. BY WEBSITE: An on-line catalog with starting and current bids will be posted on the website approximately two weeks prior to the end of the auction. Bidding may start as soon as the catalog is posted. Website bidding instructions will be available there. For on-line bidding, you must pre-register to receive a bidder ID and password. Any questions, please call or e-mail us at smithhousetoys@comcast.net prior to the last day of the auction. It is the responsibility of each bidder to verify correctness of bids.

E. BIDDING INCREMENTS:

Bid RangeIncrementBid RangeIncrement
Up To $200$10$201-500$20
$501-1000$50$1001-2500$100
$2501-5000$250$5001-10000$500
$10,001 and up$1000

F. TELEPHONE BIDDING TIMES:

G. SMITH HOUSE reserves the right to reject any and all bids from any customer at any time without restrictions.

H. REGISTRATION: You must pre-register with Smith House to obtain a bidder ID prior to the last day of the auction. We will require a credit card number or three auction house references. New bidder registrations for foreign bidders must be accompanied by a credit card number. If you have previously registered and were approved you do not need to register again. If you have not previously registered call our office or register online at https://www.smithhousetoys.com/register_info.html

I. MAX BIDS/CALL BACKS: Maximum bids and callbacks are available. For callbacks, items must have a current or maximum bid of at least $1000 and you must be the high bidder. Callbacks begin the last night of the auction at 9 AM EST.

J. BIDDING LAST DAY INSTRUCTIONS: Beginning at 9am est/edt bidding will switch to 5 minute overtime bidding periods. If a new bid is received on any item in the auction the entire auction is extended an additional 5 minutes. If a 5 minute overtime bidding period passes with no new bids received on any item the auction is over. If the auction is still open at 1pm est/edt the overtime bidding periods are reduced to 2 minutes. If a new bid is received on any item in the auction the entire auction is extended for an additional 2 minutes. When the first 2 minute overtime bidding period passes with no new bids received the entire auction is over. Example: We receive a new bid at 1:30 which extends the auction an additional 2 minutes. If no new bids are received by 1:32 the auction is over.

K. SMITH HOUSE reserves the right to withdraw any lot at any time prior to the end of the auction and assumes no liability for such withdrawal.

L. Mail/phone/internet bids will be executed as a convenience to customers, but Smith House will not be held responsible for any failures, errors or omissions in the execution of such bids. All bids must be submitted within the guidelines of the bidding instructions.

M. BUYER'S PREMIUM: A buyers premium of 22% will be added to each winning bid. The premium will be discounted to 18% for those who pay by cash, check or money order within 21 days. The full 22% premium will be added for those paying by Visa, Mastercard or Paypal.


2. HIGH BIDDERS: Electronic invoices will be sent to those with an email on file with us. If you have not received an invoice within 7 days of the end of an auction please contact us. Invoice hard copies will be mailed upon request only. Packing shipping and insurance charges are the responsibility of the buyer. Full payment is due within 30 days of the end of the auction. 6% state sales tax will be charged to residents of Pennsylvania unless a valid tax exemption or resale certificate number is provided. Out of state bidders picking up their items will be subject to Pennsylvania sales tax unless a tax number is provided. NOTE: All bids are contractual obligations. Bidders are obligated to honor their bids as contracts to buy the items involved. Buyers with invoices that are unpaid 45 days after an auction will have their bids voided, lose the rights to those items, and permanently lose all future bidding privileges with Smith House.

3. SHIPPING: Orders will be shipped after full payment is received and has cleared. Please allow 1-3 weeks for shipment of orders. We take much care in packaging items. Should an item be damaged in shipment, you must notify us within 48 hours of receiving the item. ALL packaging must be saved. Smith House will not accept any liability if these instructions are not followed. Large items such as pedal cars will be shipped via specialty carriers. The actual charges will be invoiced by the carrier directly to the winning bidder.

4. GUARANTEES: All items are guaranteed as described. Items are complete, original and working unless otherwise noted in the descriptions. If you are not satisfied with an item due to a description error on our part you must contact us within 3 days of receipt. We will not accept any returns beyond this time period. We cannot guarantee that we will supply keys for windup toys. For your protection, we have examined all items carefully to ensure originality. If there is a hint of other than factory touchup we will subject the item to a black-light test and will not include it in the auction or we will note the problem in the item description.

5. RETURNS: We will not accept returns for any of the following: watches, factory touchup, sparking toys, turnover toys, box condition, color variations, toys rated below a C8, remote control toys, radio controlled toys, battery operated remote control toys, smoke functions, custom made toys, limited edition toys, reproduction toys or any items paid more than 21 days after the auction.

6. PRICES REALIZED: Prices realized will be posted on the website. If you wish to receive a hard copy please call our office.

7. ABBREVIATIONS: WU-windup, FR-friction, BO-battery operated, BOR-battery operated remote control, RC-remote control, CI-cast iron, DC-die cast, PL-plastic, PS-pressed steel, SM-sheet metal, WS-wingspan, WDE-Disney prewar, WDP-Disney postwar, HBP-Hanna Barbara Productions, KFS-King Features Syn., O/B-with original box, O/C-with original card, O/P-with original package

8. CONDITION CODES

TOYS:

BOX CODES:

Note: If flaps are torn or missing it will be noted for grades "E" and above only.

9. SCHEDULE: Should there be a failure affecting the bidding process at any point during the auction, Smith House reserves the right to re-schedule the auction end date to a future date.



When you Accept the terms of the Auction, you will be taken to the Registration Page. You need only register once.


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