Term & Conditions

1. Auction Schedule:
   • New Century Success Auctions NCSA: Held every Monday with furniture starting at Lot 1 at 1 pm. Bidding is done online, and you can leave bids once the auction catalog is live.
   • Online Auctions: Exclusive online auctions throughout the month, featuring small collections of items available for public inspection. All bidding is conducted online.
   • Specialty Auctions: These include Showcase Auctions, Fine Art Auctions, and Great Collectors Auctions.
2. Buyer’s Premium:
   • A buyer’s premium of 20% plus GST applies to each lot.
   • All buyers must be registered, and permanent buyers can use their bidding number at any auction.
3. Payment and Collection:
   • Payment is required by 7 pm on Tuesday for NCSA.
   • Accepted payment methods: EFTPOS, Visa, Mastercard (in-house), or direct debit.
   • No cash or cheques.
   • Failure to collect items within the designated timeframe incurs a storage fee of $20 per lot per day (excluding interstate/country buyers).
   • Furniture purchases have one week, and gallery purchases have two weeks before items are booked back into auction.
4. Interstate and Country Buyers:
   • Interstate/country buyers (living 200km+ from Melbourne) can arrange collection.
   • Payment and collection by close of business on Tuesday after the auction is imperative.
5. Condition of Items:
   • All items sold are expected to have “as is” some wear, use, or aging due to the nature of auction house goods.
   • If a lot is marked, it means it is sold with “all faults,” and our staff has noted damage beyond general wear and tear.
6. Jurisdiction:
   • These conditions are governed by and construed in accordance with the law of the state in which the sale is conducted.
   • The Company, Seller, Buyer, and bidders submit to the exclusive jurisdiction of the courts of the Sale State¹.

Thank you for your interest in New Century Success Art Auctions NCSA!