Kamelot Auctions Sale 65 Kamelot Auctions Sale 65 | Page 113

3. AFTER THE SALE
(a) Sales results
Results are available by phone and on the web at kamelotauctions.com. Sales results are
available no earlier than 2 p.m. on the first business day following the auction or as soon as the
Auction House has audited and verified all sales.
Please do not call prior to this time for results, as they will not be given out under any
circumstances. We thank you for your understanding in this matter.
(b) Buyer's premium
A buyer's premium of 25% will be added to the successful bid price of each lot that you
purchase. Third party bid sites may charge you a fee in addition to the auction houses buyer's
premium. Buyer’s premiums are payable by you along with applicable tax which is added to the
total cost of your purchase. Buyers will be required to pay the State of Pennsylvania Sales Tax of
6% as well as the City of Philadelphia Sales Tax of 2% for a total of 8% at the time of payment
unless the items are shipped out of the state of Pennsylvania or the buyer provides Kamelot with
a valid Tax Exemption Number and fills out an Exemption Certificate (available upon request).
This is Pennsylvania State Law and applies to anyone picking up items, regardless if you live or
bid on the items outside the state of Pennsylvania.
(c) Payment and passing of title
All successful bidders will be sent invoices by mail or e-mail the first business day after the
auction. All property shall be paid for by the purchaser within five (5) business days of the sale.
Kamelot Auctions accepts cash (in house only), personal checks, business checks, certified
checks and money orders. We do not accept credit cards or PayPal. Please note our policy
regarding payments from international buyers. The only acceptable method of payment for
purchases made outside the U.S. is a bank wire/ bank transfer. For invoices more than $1,000.00,
there is no additional fee for this service. For invoices less than $1,000.00, please include an
additional $25 wire fee. We will forward our bank wiring information after completion of the
auction. Thank you for your understanding and cooperation.
(d) Remedies for non-payment
If the buyer fails to make payment in full in good cleared funds within the time required by
paragraph (c) above, we shall be entitled in our absolute discretion to exercise one or more of the
following rights or remedies (in addition to asserting any other rights or remedies available to us
by law):
(i) to charge interest at such rate as we shall reasonably decide;
(ii) to hold the defaulting buyer liable for the total amount due and to commence legal
proceeding for its recovery together with interest, legal fees and costs to the fullest extent
permitted under applicable law;
(iii) to cancel the sale