Estate Auction: Fine Jewelry, Gemstones & Collectibles

Participation

By participating in our auctions, you agree to these terms and conditions. All sales are final, and items are sold “as is.” You confirm you are of legal age to enter into this agreement and agree to honor all winning bids and complete the purchase of the item(s). If you disagree with any part of these terms and conditions, you must refrain from participating. These terms apply exclusively to verified, registered bidders and purchasers.



Sales

All items are sold “as is,” with no warranties, expressed or implied, and no refunds or exchanges for any reason. Bidders are strongly encouraged to preview items before placing bids to ensure they meet expectations. Items must be picked up during the scheduled pickup times and at the designated location. Failure to pick up items will result in them being considered abandoned, handled at the sole discretion of Placer Auctions, and no refunds or chargebacks will be granted.



Descriptions

Item descriptions are provided to the best of our ability, but all items are sold “As-Is Where-Is.” Descriptions and photographs are for reference only, and the absence of specific condition details does not imply items are in perfect condition. Most items are antique, vintage, or used and may show signs of wear. Buyers are responsible for bringing tools and assistance to move heavy or complex items.



Fees

A buyer’s premium of 18% will be added to all winning bids, along with 7.75% California sales tax unless a valid reseller’s sales tax exemption is provided before the auction’s conclusion.



Bidding

All bidders must register and be verified with Placer Auctions before participating. Once bids are placed, they cannot be retracted, revoked, or canceled. Winning bids must be honored, and buyers are required to complete the purchase of all items won.



Payments

Payments, including the buyer’s premium and applicable taxes, will be automatically charged to the card on file after the auction ends. Accepted payment methods include Visa, MasterCard, Discover, American Express, and Stripe. Invoices are generated after the auction ends and sent via email. If an invoice is not received, contact info@placerauctions.com to request a copy.



Pickup

All items must be picked up during scheduled pickup hours. A paid invoice and valid driver’s license are required for pickup. Items not picked up within the designated window will be considered abandoned and subject to relisting or disposal without a refund.



Shipping

Placer Auctions does not handle shipping directly but partners with local shipping centers. Buyers assume all risks for loss, damage, or theft once items leave our facility. Shipping arrangements are solely between the buyer and the shipping provider.



Failure to Honor Winning Bid

By placing a bid, you are entering into a binding contract with Placer Auctions. Failure to honor winning bids will result in loss of bidding privileges, which may include future auctions, and reinstatement is at Placer Auctions’ sole discretion. A non-refundable administrative fee of $100 will be charged to the bidder’s card on file to cover breach-related costs. Legal action may be pursued to recover damages resulting from failure to honor bids, including the winning bid amount, associated fees, and legal costs.



Tax-Exempt

Tax-exempt bidders must submit required documentation before placing bids to avoid applicable taxes.



Class Action Lawsuit Disclaimer

By participating in Placer Auctions, you agree that any claims or disputes against Placer Auctions must be pursued on an individual basis and not as part of any class or representative action. You expressly waive any right to participate in any class-action lawsuit or arbitration against Placer Auctions.



Digital Bidding Disclaimer

Placer Auctions is not responsible for technical failures, internet disruptions, or system outages that may prevent a bid from being placed or processed. Bidders assume all risks associated with online bidding, including but not limited to connectivity issues, software glitches, and delays in the auction platform. Placer Auctions reserves the right to cancel or void any bids affected by technical issues at its sole discretion.



Buyer Responsibility for Inspection

All bidders are responsible for thoroughly inspecting items before placing bids. Failure to inspect an item does not absolve the bidder of their obligation to complete the purchase. All items are sold “as is” with no warranties, expressed or implied, regardless of whether the bidder has inspected the item in person. By placing a bid, you acknowledge that you have either inspected the item to your satisfaction or chosen to proceed without an inspection. Item insoections and previews are done by appointment. Contact us at info@placerauctions.com to scheadule a preview appointment.



Rights

Placer Auctions reserves the right to end, delay, or extend any auction; adjust pickup times for any reason; remove items from auctions without notice; and refuse sale before payment is completed. These terms and conditions apply only to registered and verified bidders and purchasers. By participating in our auctions, you acknowledge and agree to these terms, including the obligation to honor all winning bids.