Conditions of Sale

BUYER'S PREMIUM

A buyer's premium will be added to the hammer price of each lot sold. The buyer's premium is equal to 17.5%. All bids placed online will be subject to Invaluble's online bidding fee, equal to 3% of the hammer price, in addition to The Potomack Company's 17.5% buyer's premium.

CONTRACT

Your bid is a binding and legal contract.

CONDITION REPORTS

We strongly encourage you to come and examine lots that you are interested in purchasing. Although we do not include condition reports in this catalogue, our representatives are happy to assist you in determining the condition of items that you are interested in as they are able. Given the high volume of requests for condition reports, however, we must reserve the right to limit such requests to those items with a pre-sale estimate of more than $500.

Special Additional Terms and Conditions for Jewelry Sales
Metals not tested. When items are stamped, fineness will be stated; as a courtesy to our clients. All Jewelry items are sold 'as - is'.
Diamond and colored stones weights are approximations ascertained by volumetric proportions.

PAYMENT

We accept cash, checks and major credit cards. We reserve the right to hold items that you have purchased until your check clears. If you are planning to purchase an expensive lot, you should discuss payment in advance and are encouraged to bring letters of reference from your financial institutions. We reserve the right to refuse to accept a personal check for any reason. A $50 fee will be added for any returned checks. We reserve the right to charge you a late fee of 10% for any unpaid balances over 30 day.
As previously noted, payment is due at the end of each sale unless we have authorized other arrangements.
PLEASE NOTE: We are unable to invoice lots from online timed auctions until all lots have closed.

SHIPPING

Although we do not provide shipping services, we are happy to provide you with contact information for shippers so that you may inquire as to shipping costs before you bid on an item. Arranging shipping and paying for shipping costs will be solely your responsibility. We strongly recommend that you determine the costs of shipping before you bid on any item.

TAXES

The Virginia sales tax is calculated as 6% of the purchase price.