Terms of Sale
By bidding at Mebane Antique Auction Gallery (“MAAG”) you agree to be bound by these Terms of Sale as well as the terms of any supplemental notices announced prior to or during the auction start.
All items are sold “as-is, where-is,” with any and all faults, and without guarantees or warranties.
Registration: Effective on the May 17, 2025 auction: In order to bid, you must create a user account through our website (steps are provided below). This is required regardless of how you plan to bid (ie. online through white label, in-person, absentee, phone bid). You can still bid online through Invaluable/AuctionZip, but a user account will be required to pay your invoice. We reserve the right to charge a nominal amount to your card to establish credit. In some cases, we may also request a reference letter from your bank applicable to an auction prior to bidding. For coin auctions and other specialty auctions we reserve the right to request that you instruct your bank to wire funds of an agreed-upon amount into our escrow account prior to the auction (after the sale these funds will be applied either to your balance or returned to your bank, whichever shall apply).
How to Sign Up for a User Account:
- Click “Sign Up” in the top right-hand corner
- Enter your email (make sure this is an email you frequently check) and create a password then click “Create Account”
- Fill out the pop-up box with your name, address, and phone number. Optionally, you can check if you would like to receive auction reminder text messages. Click “Save Profile”
- Fill out the Credit Card Verification pop-up box. While you can skip this step, credit card information is required prior to participating in a MAAG auction. Click “Continue”
- Log into your email and verify your user account by clicking the link “Verify Email Now”
- You are done! You can now register for auctions, favorite lots, place bids, set notification preferences, and more!
Bidding Increments:
$1 – $9 Increments: $1
$10 – $99 Increments: $5
$100 – $299 Increments: $10
$300 – $999 Increments: $25
$1,000 – $2,999 Increments: $50
$3,000 – $9,999 Increments: $100
$10,000 – $19,999 Increments: $500
$20,000 – $99,999 Increments: $1,000
$100,000 – $299,999 Increments: $5,000
$300,000 – $499,000 Increments: $10,000
$500,000 – $1,000,000 Increments: $25,000
Auctioneer’s Determination Final: A lot will be sold to the highest bidder as determined by the Auctioneer. It is your responsibility to make sure that the Auctioneer has recognized your bid. Neither the Auctioneer nor MAAG will be held liable for a missed bid. In case of a disputed bid, the Auctioneer shall determine who is the successful bidder and at his or her discretion may re-offer and resell the article in dispute. The Auctioneer may reject small opening bids on high value items.
Condition Reports: If requested, we will provide you with a condition report. All condition reports reflect our good faith opinion but do not in any event constitute a representation or warranty about an item and are non-binding.
Estimates: MAAG does not establish estimates on any items. Upon request, MAAG may provide you with a non-binding, verbal estimate.
Reserves: Unless expressly stated by the Auctioneer prior to sale, MAAG does not have reserves on any items.
Absentee Bids: If you wish to leave a bid, please let us know by 5:00 PM the day of sale. We accept absentee bids by phone, e-mail, fax, or in person. If you fax or e-mail your absentee bid, please call us to confirm receipt. MAAG is not liable or responsible for any errors or failure to execute an absentee bid. If you wish to cancel your absentee bid, it is solely your responsibility to notify us prior to the start of the auction. Absentee / Phone Bid Form.
Phone Bids: If you would like to bid by phone, please let us know by 5:00 PM the day before the auction you wish to participate in. MAAG is not liable or responsible for any errors or failure to execute a phone bid. If you change your mind and no longer wish to bid by phone, please notify us of your decision as soon as possible so we will not try to reach you during the auction. Absentee / Phone Bid Form.
Withdrawal of Property: MAAG reserves the right to withdraw property from sale for any reason, at any time, prior to sale and with no liability whatsoever.
Title: Title to an item immediately transfers from the consignor to the highest bidder when the Auctioneer says “sold.” Should you be the highest bidder on an item, you are the purchaser of that item and you immediately become party to a binding contract with the consignor (MAAG acts as agent only). At this point you assume liability for your newly acquired property.
Payment: All payments are due immediately, in full, in U.S. Funds. Winning bidder is responsible to contact Mebane Antique Auction Gallery. If payment is not received within 3 business days you will forfeit your lots. We accept cash (in-house bidding/pick-up only), cashier’s check, wire transfers (from only International bidders with an invoice that exceeds $1000 or for gold coins or jewelry purchases), money orders, Visa, MasterCard, American Express, and Discover. The Buyer’s Premium is part of the purchase price, as is sales tax if applicable. We reserve the right to hold all goods paid for by check until payment has cleared. Please call the gallery at 919-563-2424 if you have any questions or concerns.
Online Payment Through Mebane Auction: Effective on the May 17, 2025 auction: We are now offering bidders a way to pay their invoice online, no matter how they bid. Please note: we will no longer accept online payments through Invaluable/AuctionZip If this is not your preferred method of payment, it is on the bidder to reach out to our accounting department to arrange an alternate form of payment. Payment is due within (5) business days post sale. The method of payment accepted is at the discretion of the auction house and is based on the item purchased, purchase amount, and bidder’s Invaluable buying history. You will be notified by the auction house if there is a particular payment method that is required. Forms of payment accepted are cash, check, Visa, Mastercard, Amex, Discover and wire transfer. We request that if you are unable to process your payment within the (5) day window that you contact us so we can discuss and resolve any issues regarding the settlement. MAAG does reserve the right to auto-charge cards on file if payment has not been collected in the payment window.
Sales Tax: We are required to charge North Carolina sales tax at the current rate unless you provide us with a valid resale number at registration. No sales tax is charged for purchases shipped out of state. Property picked up at MAAG is subject to North Carolina sales tax, even if you live out-of-state (unless you provide us with a valid resale number). **Coins and currency are tax exempt.
Buyer’s Premium: For offline bidders, including phone and absentee, the Buyer’s Premium is 13% for all card transactions. It shall be discounted to 10% if you pay by check or cash. For Invaluable/AuctionZip bidders, the buyer’s premium is 23%. For online bidders through Mebane Auction, the buyer’s premium is 20%.
Storage: MAAG does not charge a storage fee. You have 30 days after a sale to pick up your items. At the end of 30 days, we retain the right to re-sell or donate them.
Pick-up: If you choose to pick up your items, we require that you do so within 30 days following the auction. You must present your receipt in order for us to release your items to you. This is for your protection.
Shipping: Shipping Terms and Conditions
Returns: All sales are final. It is your responsibility to inspect an item for condition or authenticity before purchasing it. No refunds are given.
Disclaimer: We do not make any representations or warranties. We specifically disclaim: (1) any comments or descriptions in printed matter, including in catalogs and in promotional material, (2) comments or descriptions made by the Auctioneer during the auction, and (3) any errors or omissions in comments or descriptions. All comments and descriptions, whether verbal or written, are rendered solely as opinion, are not binding and are subject to error. We make no guarantees or warranties as to the authenticity, enhancement, or treatment of gemstones. We make no guarantees or warranties as to the working condition of trains or of watches and clocks (including works and movement).
Liability: Mebane Auction acts only as agent for the consignor and is not liable for any breach or default by the consignor.
Auctioneer’s License: Jon Lambert, Owner of MAAG is licensed by the North Carolina Auctioneer Licensing Board (NCALB) under NCAL#5307, NCAFL #5797.
Auctioneer Rules and Regulations: MAAG complies with the rules and regulations of NCALB.
Governing Law: The laws of North Carolina apply to any and all business of the Auction House. Any action brought in connection with Mebane Auction will be handled exclusively in the courts of Alamance County, North Carolina. Anyone who participates in the auction and/or makes purchases agrees to submit to the jurisdiction of the courts of Alamance County, North Carolina, which shall have exclusive jurisdiction.