The following conditions of sale make up the entire terms and conditions on which items listed in Rock Island Auction Company’s (known hereafter as “RIAC”) catalog, on the internet web site and addendum sheets will be offered for sale or sold by RIAC. All purchases made by credit card are subject to an additional 3.5% service fee.ġ. This is not an aggregate percentage on the total items bid, but rather a per item percentage rate. All bid prices “hammer prices” (“hammer prices” mean the price at which a lot is knocked down to the purchaser) will be subject to a buyer’s premium of 17.5% payable by the purchaser. PROXIBID BUYERS WILL BE CHARGED AN ADDITIONAL 3% ON TOP OF THE ROCK ISLAND AUCTION BUYERS PREMIUM EXPLAINED BELOW.īUYER’S PREMIUM AND FEES. Cash Payment Discount: 3.5% Participation Requirements: Valid Credit Card required for bidding approval Payment Options: Visa, MasterCard, Discover, American Express, Check, Money Order, Wire Transfer, and Cash Visa MasterCard Discover American Express Payment Instructions: Day Auctions - Revised 10-25-2022
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