MEARS Auction Rules and Policies

 

Registration

 

Anybody planning on placing bids with MEARS Auctions must be a registered bidder. You may register for the auction up until its close at 9 p.m. CST, simply by clicking on the “register” link at MEARSOnlineAuctions.com. At that time, a credit number will be used to authorize the potential auction participant. For those who would like to register over the phone, please call 414 828 9990414 828 9990.
In the event that you forget your password, please email info@mearsonlineauctions.com or call 414 828 9990414 828 9990.

 

Buyer’s Premium 

 

There is a 22.5% Buyer's Premium for payment with credit card and PayPal. If you pay by cashiers check, money order, wire transfer or check within 10 days of receipt of invoice a 2.5% discount can be applied to net a buyers premium of 20%. Payments AFTER 10 days by these methods cannot apply the 2.5% discount. 

 

Wisconsin sales tax will be charged to any order collected, delivered in or shipped within the state of Wisconsin unless the purchaser has provided MEARS Auctions with a proper sales tax exemption certificate issued by the State of Wisconsin.

 

Bidding

 

Bidding can be executed at MEARSOnlineAuctions.com. All bids are raised in increments of at least 10 percent.
Bids can not be retracted. Once a bid is placed, the customer is legally obligated to purchase the item if their bid is indeed the successful high amount.

 

“Max Bids” (“Ceiling bids”)

 

Bidders may place a “max bid” on any item, meaning the designated item will be bid on that person’s behalf, automatically raising it to the next increment when needed.  MEARS Auction software DOES NOT permit us to see what your "max bid" is.

 

15-Minute Rule

 

MEARS Auctions utilizes the 15-Minute per lot closing method. Initial bids must be placed before 9:00 CST. Starting at 9:00 CST, when a single lot receives a bid(s), the 15 minute clock resets and begins to count down for that individual lot at that time.


If a lot has a single bid after the initial 15 minute countdown has expired, the lot will sell to the single lone bidder and that lot will close.


Once a single lot receives a bid during the 15 minute countdown, that specific lot’s auction clock resets for another 15 minutes. During that time, others bidders have a chance to enter another bid. If another bid is placed, the 15-Minute clock resets again. Once nobody places a bid on that specific lot during the 15 minute countdown, that lot closes.


During the 15-Minute rule, lots with zero bids may still be bid on. A single bid will then subject that lot to the 15 minute count down.


Once nobody bids during the 15 minute count down on any active lot, the entire auction closes.


NOTICE: If you are bidding on multiple items. The 15 minute countdown may be ending simultaneously. Please keep track of all your lots and place maximum bids to insure that your lot is protected.



 

 

Payment

 

An invoice will automatically be emailed to all winning bidders to their on file email address. In the event the winning bidder does not receive the email invoice, you may log in and then go to "my account" to view your own invoice. Payments are due within 10 days of invoice notification. We accept:

 

-personal check

-money order/cashier’s check

-bank wire

-paypal payments sent to info@mearsonlineauctions.com

 

After 14 days, MEARS Auctions may automatically bill your credit card on file for total amount due. 

 

Non-Payment

 

In the event that a buyer’s purchase is not paid in full by 30 days from the invoice date, MEARS Auctions reserves the right sell any/all of the items privately or resold via MEARS Auctions, at a future sale. The original buyer is responsible for any difference between the price when the item was resold versus the original invoice price. In the instance that MEARS Auctions is forced to consult a collections agency, the buyer will be responsible for all MEARS Auctions legal fees that may be a result in MEARS Auctions’ collections attempt. Non-Payment will also result in the suspension of the account for a period of no less than 24 months.

 

Shipping of lots won

 

The timeframe for the shipment of items will be approximately 5-7 business days after payment is received (if paid by check, items will be shipped after check clears). Customers interested in picking up winning bids, please email kim@mearsonlineauctions.com or call 414-301-9536414-301-9536 (if picking up, winning bidder will be responsible for paying Wisconsin sales tax).


In response to our customers, we will now be  offering priority mail shipping for those that request. Our standard method of  shipping is Fed Ex, but for lower valued lots, we will work with our customers  to provide the lowest shipping prices possible. Your initial invoice mail show  the Fed Ex shipping fee, but if you contact our office at kim@mearsonlineauctions.com, we  will be happy to work with you to ship in whatever manner works best for you. 

 

Some items in MEARS Auctions are framed. Although we do our best to protect framed items, MEARS is not responsible for the condition of the frame once shipped.

 

Delivery confirmation: MEARS Auctions does not include delivery confirmation with your order. In the event delivery confirmation is requested, written consent and prior approval must be obtained. MEARS Auctions is not responsibile for items left unattended. 

 

Preview

 

Items will be available for preview at the MEARS Research Center and Auction Showroom, which is located at 1234 Manitoba Ave., South Milwaukee, Wis., by appointment only. However, we will be more than happy to assist all potential bidders with questions via phone and also will provide additional requested scans, faxes and if needed, will send additional information via USPS mail (time permitting).

 

Errors

 

MEARS Auctions reserves the right to remove an item from our auction at any time. Any error in a MEARS Auctions listing or lot description, whether typographical, photographic or technical, will be dealt with at our discretion.  Additionally, MEARS Auctions also reserves the right to amend lot descriptions. In the case of amendments being added to a lot or item description, those comments will appear in a separate font and color. In addition, bidders on the lot in question will be informed of the change and offered the opportunity to rescind those bids placed before the amendment.

 

Authentication

 

MEARS Auctions contracts with JSA (spenceloa.com) to evaluate autographs for the auction. Those lots will be noted in the description as having JSA LOA. Autograph auction house letters are available for upgrade to full letter within 30 days after auction end. MEARS Auctions will provide winning bidders 30 days from auction end to have autographs inspected or the autograph letter upgraded. After 30 days, the consignors are paid and all sales are final.  

 

Additional Notes About Authentication

 

Regarding PSA / DNA bat authentication: Bat grading and authentication can be subjective and MEARS Auctions is committed to providing all collectors the ability to be fully confident with the items they are bidding on. MEARS Auctions also encourages bidders to discuss and review any item featured in our auctions with any respected experts of their choice. We will offer to take additional pictures, detailed scans, provide more history regarding the provenance of the item, or in some instances, send the actual item for physical review to pre-approved experts for a second opinion if requested.

 

Periodically, collectors request to have items purchased in MEARS Auctions evaluated by John Taube of PSA / DNA. During the course of the auction, MEARS Auctions will work with you to facilitate these requests. MEARS Auctions will offer to provide PSA / DNA bat authentication services to any interested party during the course of the auction. Any cost/fees will be paid by the interested party and not by MEARS Auctions. 

 

If you are the successful bidder in a MEARS Auction and you want to have your bat authenticated by PSA / DNA, your intentions must be submitted in writing (confirmed email will suffice) within 7 days of the auction end date that you are sending the bat to PSA / DNA for grading / authentication. Any requests made after the 7 day mark (after auction end date) will not be granted and all sales will be final. Again, all fees including authentication, grading, shipping, packaging, insurance, etc will be paid by the winning bidder. 

 

A word about autographs: MEARS utilizes the professional autograph authentication services of Jimmy Spence & staff of JSA Authentication, www.spenceloa.com . During the course of the auction, MEARS will work to facilitate any second opinions that may be requested. Meaning, if you would like PSA / DNA to provide a second opinion, we will work with you have your item reviewed by PSA / DNA. The person making the request is responsible for all cost associate with the authentication, shipping, packaging, insurance, etc. Once a sale is final and the auction is complete, MEARS will not recognize the opinion of any authenticator besides JSA.

 

 

 

 

Refunds

 

MEARS Auctions prides itself on accuracy in all lot descriptions with respect to authenticity and condition. The MEARS Buyer’s Protection Program will continue to apply to all game-used items evaluated by MEARS and offered through MEARS Auctions. For items outside of the category of equipment and game used memorabilia,  no refunds will be made unless the item is shown to have been improperly described. As such, bidders are highly encouraged to ask questions about items and their lot descriptions before bidding. 

 

Shill Bidding

 

Shill bidding is strictly prohibited. MEARS Auctions defines Shill Bidding as bids placed by  any person in order to drive up the final price paid and realized when there is no intent to actually take ownership of the lot.   Under no circumstances are consigers permitted to bid on their own lots.

 

Reserves

 

Certain lots may have reserves established by the consigner as a means to protect their investment.  Reserve bids may be executed on these lots only up to the point of the established reserve, but not past it.  Since as part of the auction contract a reserve may have been established, an item with a reserve is not considered for sale or transfer until that established reserve has been met.  Bids up to the reserve may be executed confidentially on behalf of the seller in a manner similar to the execution of absentee bids.

 

Framing & Displays

 

Framed items and display holders are sold "as is" and MEARS Auctions is not responsible for condition of framing, display cases, etc.