All property is sold “as-is” and it is the bidder’s responsibility to determine the exact condition of each item. Printed statements or descriptions by Mayo Auction & Realty are provided in good faith and are matters of opinion. The catalog for this auction is intended to provide accurate descriptions of all items.
Every effort is made by Mayo Auction & Realty to describe articles being sold as accurately as possible. Our research includes consultation with seller, outside experts and specialists in their field when necessary as well as online and library research. However, we do not warrantee the authenticity, origin, condition, or date of manufacture. Our printed descriptions are intended to be an aid and convenience to buyers. All descriptions are subject to errors and omissions. All Sales are Final.
The auctioneer has sole discretion to advance the bidding. The auctioneer shall be the final judge in any bidding disputes and shall name a bidder as the purchaser. By bidding on any item the bidder shows acceptance of the terms of the auction. All announcements made the day of auction take precedence over any and all written or verbal statements.
PAYMENT: All purchases must be settled at the conclusion of the auction. Online bidders' credit cards will be charged for their purchases with the exception of Lot#74 - 1921A Thompson Sub-Machine Gun, (please see terms specific to this lot). A pre-auction authorization will be performed to establish available credit. Nothing will be charged to your card until a purchase is made. ONLY Visa & MasterCard credit cards will be accepted.
ON-SITE BUYERS PREMIUM: Buyers will pay a 10% buyers premium on the final bid price of all on-line sales. For example, if you buy a $100.00 item, your final purchase price will be $110.00 (100.00 + 10.00 = 110.00). Sales are subject to applicable sales tax laws and tax WILL BE COLLECTED unless proof of current resale exemption is provided.
ON-LINE BUYERS PREMIUM: To enable customers to participate in our auctions without lost time and travel expense (motel, transportation, etc.), buyers will pay a 17% buyers premium on the final bid price of all on-line sales. For example, if you buy a $100.00 item, your final purchase price will be $117.00 (100.00 + 17.00 = 117.00). When you are the winning bidder on an item, you will be notified by email upon conclusion of the auction. All bidders must provide their name, address, daytime phone number & email address at which they can be contacted.
SPECIFIC TERMS FOR LOT#74:Payment for the 1921A Thompson Sub-machine Gun is due immediately by certified funds, personal check with bank letter of guarantee or a wire transfer. All applicable gun laws will be observed. Keep in mind not all states allow NFA firearms (Machine guns). For example it is illegal in New York, Illinois & Washington to own any automatic, rapid fire weapons. It will be the buyer's responsibility to check their state specific gun laws regarding NFA firearms. The buyer will be required to fill out the appropriate paperwork and application with the Bureau of Alcohol, Tobacco, Firearms and Explosives. Upon approval the buyer will take immediate possession of the firearm. If the buyer is not approved or unable to take possession of the firearm, a 20% restocking fee will be assessed.
STANDARD FIREARM BACKGROUND CHECKS: All applicable gun laws will be observed. All buyers will fill out 4473, show ID, and FBI background check will be performed before possession of firearm will be transferred to the buyer. If the buyer is unable to take possession of the firearm, an 15% restocking fee will be assessed. (If you cannot pass the background check, please do not bid on firearms). Handguns: Out of state residents must have handgun transferred to a FFL (Federal Firearm Licensee) in their state of residence and buyer must take possession from them. They is fairly easy to find (most gun shops will do this for you) and most charge a nominal fee for this service. A shipping and handling fee will be assessed to send the handgun to the FFL. For Kansas residents, if you use our recommended FFL they will charge $20 per handgun to do the transfer and there will be no shipping and handling fee; the gun will available for pickup in Gardner, KS.