JEWELRY AND DIAMONDS - LIVE ONLINE VIA ZOOM AUCTION - Auctionology LLC

JEWELRY AND DIAMONDS - LIVE ONLINE VIA ZOOM AUCTION

BidOnItLive International Auctioneers
San Diego, California
https://bidonitlive.com/View Company Info and Listings
Preview Starts
Begins Closing:

We have over 300 items available for auction 

LIVE ONLINE VIA ZOOM 

REGISTER TODAY TO RECEIVE A PRIVATE LINK TO JOIN AUCTION

Register and log into Auction 

LIVE ONLINE VIA ZOOM AUCTION

NO BUYERS PREMIUM IF YOU REGISTER NOW 

Register now at link above to receive a return email with private link to join auction.

We are liquidating  a wholesale manufacturer of Jewelry.

Unmounted  ( loose )Diamonds Direct from Sightholders (mines). 

All Jewelry is certified by an outside appraiser a GIA CERTIFIED GRADUATE GEMOLOGIST.

All unmounted Diamonds are GIA CERTIFIED.

AUCTION IS LIVE ONLINE VIA ZOOM - REGISTER  FREE NOW AT LINK AND YOU WILL RECEIVE AN EMAIL WITH THE LINK TO JOIN AUCTION

There is a 13% Buyers premium - lowest in the industry.

We ship Worldwide

All terms and conditions are at www.bidonitlive.com

Steven Turobiner  847 909 9500 

steven@bidonitlive.com

 

 

 

TERMS & CONDITIONS

ALL PAYMENTS NEED TO BE SETTLED IMMEDIATELY AFTER THE AUCTION/SALE, PLEASE PROVIDE A PHONE NUMBER FOR BLI TO CONTACT YOU AFTER WINNING BID

By accessing or bidding on any auction sales conducted by BidonitLive International (“BLI”), you agree to be bound by these Terms and Conditions (“Terms”). These Terms may be modified at any time and will be effective upon posting such modified version.

1. Bidding.

All bids are final, irrevocable and binding, even if submitted in error. By submitting a bid, you agree that you are entering into a legally binding contract according to the terms and conditions herein when you have the winning bid. You will be the winning bidder if there is no higher bid accepted and if any reserve or reduced reserve on the lot is exceeded by the bid. The winning bidder is contractually obligated to pay the total purchase price, comprised of (a) the bid price, (b) buyer’s premium (as specified below), and (c) any applicable shipping fees and/or taxes set forth in an invoice. Payment is due according to the terms of payment set forth herein. International buyers are solely responsible for any applicable import/export customs duties or taxes. In addition, the winning bidder assumes full risk and responsibility for the lot on the fall of the auctioneer’s hammer.

BUYERS PREMIUM AND TAXES Hammer Price and Buyers

Premium $1- $200,000 - 20%

$200,001-$500,00 – 17 %

$500,001 -$800,00 - 15%

$800,001- higher -13 %

It is a criminal offence to place a bid and not pay for the item you have bid on. Please make sure you are bidding on correct items.

For all residents of California or shipments to California applicable sales tax will be added to your invoice. All purchases purchasing pursuant to a valid resale license will need to provide appropriate documentation for removal of state sales tax and it must be in the Jewelry business.

Shipping

We ship worldwide


Shipping fees will all depend on value and where purchase is being shipped. You the Buyer responsible for all shipping and taxes and duties.

All shipments will be insured and included in shipping price.

All domestic packages within the USA are shipped within 10-14 business days. International shipping can vary 12-16 business days. Shipping fees will be included in your invoice.

Within the USA up to $24 000 are approx. $150 Per Item
$25 000 and above are $225 and up Per item

If you would like a quote on shipping, please email info@bidonitlive.com

International packages may be subjected to their respective Country’s customs, duties and taxes.

ALL BIDDERS ARE RESPONSIBLE TO PAY THESE CHARGES. BLI is not responsible in paying your customs, duties or taxes.

 

All shipping for ARTWORK will have TBD all depending on where it is being shipped to and from as some artwork will come direct from artists.

Framing : Most work is sold unframed. We can do framing for an additional cost. Please contact us at steven@bidonitlive.com to inquire about if a piece is framed and if not what the costs would be.

 

2. AS IS.

All items are sold “As Is” and “As Available.” To the maximum extent permitted by law, WE DISCLAIM ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTY OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE, DESCRIPTION, SIZE, QUALITY, CONDITION, OR AUTHENTICITY. All statements provided by BLI regarding the available lots are qualified statements of opinions, and not a representation, warrantee or guarantee of any kind. Further, while BLI attempts to catalogue every lot correctly and will attempt to point out any defects, BLI will not be responsible or liable for the correctness of the catalogue or other descriptions of the lot. All items are available for inquiries prior to bidding. Any appraisals, estimates or evaluations are solely informational relating to gemstone, Diamonds and/or metals weight, size, and grade only, and cannot be relied upon as a lot’s actual resale value, insurance replacement value, or cost of a similar good.

All Artwork has been verified and authenticated to be original, either from the Artist or from the Art dealer. Artwork may also be prints, lithograph, serigraphs, will all be noted at time of sale.

3. Payment.

All sales final. Returns or exchanges will not be accepted for any reason. Payment is due immediately after receipt of invoice.

PAYMENTS AND BUYERS PREMIUM
ALL PAYMENTS MUST BE SETTLED IMMEDIATELY AFTER THE AUCTION ALL PAYMENTS WILL INCLUDE A BUYERS PREMIUM ON THE HAMMER PRICE

HAMMER PRICE AND BUYERS PREMIUM ARE AS FOLLOWS

$1 - $200,000 = 20%
$200,001 - $500,000 = 17%
$500,001 - $800,000 = 15%

$ 800,001 AND UP = 13%

We accept AMEX/VISA/MASTERCARD/PAYPAL (Note visa and Mastercard have smaller limits) Our preferred method of payment is a Bank Wire Transfer (25% Deposit with Credit card)

For International buyer’s we will only be taking wire transfers please Email our office to discuss if wanting to uses credit card.

3% ADDED TO ALL CREDIT CARD CHARGES OR TO AVOID USE WIRE TRANSFER

Wire Transfer Details please email us on steven@bidonitlive.com


If you have any questions please call Steven on 847 909 9500 or email steven@bidonitlive.com

You will not own the lot until BLI has received full, clear, and undisputed payment of all amounts due, even in circumstances where we have released the lot to you. If you do not pay when payment is due, in addition to all other remedies available to us by law, we may at our election: (a) impose a late charge of 1.5% per month on all amounts due, (b) hold you liable for the total purchase price and commence legal proceedings to recover the amount owed plus the costs associated with such proceedings, (c) cancel the sale, retaining all payments made by you as liquidated damages, and/or b) cancel the sale and resell the purchased property at public or private auction with or without reserve, and the you will be liable for any deficiency costs. BLI, or any collection agencies we may retain, may also report information about your default to credit agencies, which in turn may be reflected in your credit report.

ALL INTERNATIONAL DUTIES AND INTERNATIONAL TAXES ARE THE RESPONSIBILITY OF THE BUYER. For all items purchased online you will be emailed an invoice within 30 minutes after the auction (please check your spam folder if not in your inbox). This email will provide you all wire transfer and payment information. It is your responsibility to contact BidonitLive 847 909 9500 or email steven@bidonitlive.com

4. Auctioneer’s Discretion.

BLI reserves the right in its sole and absolute discretion at any time prior to, during, or after the close of the auction to exclude any bidder, to reject any bid, and to award any lot to the highest accepted bid. BLI reserves the right to withdraw any lot at any time before, during, or after the auction without liability. BLI reserves the right to divide any lot or combine any two or more lots. BLI has absolute and sole discretion in case of error or dispute with respect to bidding and BLI’s decision as to the winning bidder shall be final and binding.

5. Reserves.

In the event that any reserve price of a lot is not exceeded by any bidder's bid, BLI, in its sole discretion, with or without the knowledge of or notice to any bidder, may reduce any reserve price to an amount below the bid of bidder at any time during an auction and accept the bid made by bidder. On lots with a reserve, BLI shall have the right to bid on behalf of the seller. Reserve prices are always the confidential and will not be disclosed to bidders unless specifically stated as such during bidding. Nothing contained in any listing shall be construed to disclose any reserve price.

6. Limitation of Liability.

To the maximum extent permitted by law, BLI is not liable, and you agree not to hold us responsible, for any special, indirect, incidental or consequential damages (including for loss of profits or revenue, costs of obtaining alternative property, claims of customers of buyer or otherwise) resulting from or relating to your purchase or participation in an BLI auction or the acts or omissions of BLI relating to the purchase, sale or delivery of goods from an BLI auction. Further, our total liability to you or any third party is limited to the purchase price paid by you to BLI.

7. Law and Disputes.

This agreement, and any non-contractual obligations arising out of or in connection with this agreement, or any other rights you may have relating to the purchase of a lot will be governed by the laws of California. Before we or you start any court proceedings (except in the limited circumstances where the dispute, controversy or claim is related to proceedings brought by

 

someone else and this dispute could be joined to those proceedings), we agree we will each try to settle the dispute by mediation submitted to JAMS, or its successor, for mediation in San Diego, California. If the dispute is not settled by mediation within 60 days from the date when mediation is initiated, then the dispute shall be submitted to JAMS, or its successor, for final and binding arbitration in accordance with its Comprehensive Arbitration Rules and Procedures or, if the Dispute involves a non-U.S. party, the JAMS International Arbitration Rules. The arbitration shall be conducted by one arbitrator, who shall be appointed within 30 days after the initiation of the arbitration. The language used in the arbitral proceedings shall be English. The arbitrator shall order the production of documents only upon a showing that such documents are relevant and material to the outcome of the Dispute. The arbitration shall be confidential, except to the extent necessary to enforce a judgment or where disclosure is required by law. The arbitration award shall be final and binding on all parties involved. Judgment upon the award may be entered by any court having jurisdiction thereof or having jurisdiction over the relevant party or its assets. This arbitration and any proceedings conducted hereunder shall be governed by Title 9 (Arbitration) of the United States Code and by the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards of June 10, 1958.

BY REGISTERING TO BID YOU HAVE ACKNOWLEDGED BY AGREEING TO THE TERMS AN CONDITIONS OF THIS AUCTION, THERE ARE NO REFUNDS OR EXCHANGES.IN THE EVENT THAT YOUR REQUEST ARE GRANTED BY BLI A RETURN OR REFUND YOU AGREE YOU ARE STILL RESPONSIBLE FOR PAYING 20% RESTOCKING FEE BASED ON THE HAMMER PRICE OF EACH ITEM LESS APPLICABLE TAXES. THE ENTIRE BUYERS PREMIUM AND SHIPPING IS NOT REFUNDABLE.

BLI AND ANY CONSIGNERS RESERVE THE RIGHT TO BID ON ANY LOT(S) UNLESS EXPLICITLY STATED OTHERWISE. ALL LOTS ARE SUBJECT TO A RESERVE PRICE AND SHALL BE HIDDEN FROM ALL BIDDERS. BLI SHALL PROTECT THE RESERVE BY BIDDING IN THE AUCTION PROCESS UPTO THE UNDISCLOSED RESERVE AMOUNT. BLI WILL OPEN ALL BIDDING ON ANY LOT(S) BELOW THE RESERVE BY PLACING ITS OWN BIDS

Lots and Photos

Each lot will show in this order:
1. A stock picture of Diamond ( not all diamonds have stock photos some first picture is of original Diamond.

2. Picture of Diamond
3. GIA Certificate of Diamond
4. AIGL Sample of Appraisal Certificate

5. 4c s and laser inscribed

In Description of Diamond or Jewelry you will be able to click on a video link.

On some Diamonds we may be able to send a video link of stone you will have to email us steven@bidonitlive.com

 

Complementary 14k or 18k gold setting with each purchase of a Diamond over $15 000.00.

Once Diamond has been purchased and paid for you will be able to choose a setting and have given us sizing ( you are responsible for correct sizing) and therefore shipment may take longer as it will have to be sized and set.

Any items sized -customer is responsible for giving correct sizing.