DON SMITH COLLECTION SESSION VIII- ON SITE AUCTION WITH LIVE WEBCAST

SUNDAY, JUNE 24TH @ 1:PM EDT – 500 PLATOLENE, GAS STATION COLLECTIBLES, “500” NEON SIGNS, GO-KARTS, BOATS & MORE!


THIS IS THE FINAL LIVE AUCTION OF THE DON SMITH COLLECTION.  A GREAT SELECTION OF “500 PLATOLENE” AND OTHER GAS SIGNS, VINTAGE GAS PUMPS, (19) GO-KARTS, BOATS, SAFES, AND MANY OTHER ITEMS.  DO NOT MISS THIS SALE.  IT IS THE LAST, BUT HAS SOME OF THE BEST!

LIVE ON-SITE AUCTION WITH ONLINE BIDDING
Begins: 06/24/18 at 1:00 PM EDT
Ends: 06/24/18 at 7:00 PM EDT
Location: 6701 E HARLAN DR, TERRE HAUTE, IN 47802
INSPECTION
Begins: 06/21/18 at 10:00 AM EDT Ends: 06/21/18 at 5:00 PM EDT
Location: 6701 E HARLAN DR, TERRE HAUTE, IN 47802

INSPECTION
Begins: 06/22/18 at 10:00 AM EDT Ends: 06/22/18 at 5:00 PM EDT
Location: 6701 E HARLAN DR, TERRE HAUTE, IN 47802

ITEM PICK-UP
Begins: 06/25/18 at 9:00 AM EDT Ends: 06/27/18 at 5:00 PM EDT
Location: 6701 E HARLAN DR, TERRE HAUTE, IN 47802


            DON SMITH COLLECTION – SESSION VIII ON-SITE AUCTION WITH LIVE WEBCAST

VINTAGE GAS STATION SIGNS & PUMPS, GO-KARTS, SLOT MACHINES, PINBALL, & MORE!

SUNDAY, JUNE 24TH @ 1:00 PM

THE DONALD E. “DON” SMITH COLLECTION

TERRE HAUTE, INDIANA

                                            

THIS IS A FANTASTIC COLLECTION OF GAS STATION SIGNS AND COLLECTIBLES, INCLUDING MANY “500 PLATOLENE” SIGNS AND GLOBES, (20) GO-KARTS, JET BOARDS, ANTIQUE SLOT MACHINES, PINBALL GAMES, OLD SAFES, ORIGINAL “GASOLINE ALLEY” GARAGE DOORS, AND MUCH MORE”.

 FREE, OFF-SITE PARKING AT TERRE HAUTE REGIONAL AIRPORT (KHUF), WITH CONTINUOUS, FREE SHUTTLE SERVICE STARTING AT 10:30AM

 

TICKETS GO ON SALE MAY 25TH @ 1:00PM EDT @ DONSMITHCOLLECTION.EVENTBRITE.COM

 

SEE TERMS OF SALE FOR DETAILS AND TIMES FOR ALL LIVE AUCTIONS

 

 

PARTIAL LISTING: (SEE COMPLETE CATALOG WHEN AVAILABLE ON OUR WEBSITE)

 

“GASOLINE ALLEY” GARAGE DOORS

(3) GARAGE DOORS FROM THE ORIGINAL “GASOLINE ALLEY” AT THE INDIANAPOLIS MOTOR SPEEDWAY

 

BOATS

1983 MASTERCRAFT SPEEDBOAT W/TRAILER

(2) PONTOON BOATS W/TRAILER

STAGECOACH

STAGECOACH, WELLS FARGO OVERLAND STYLE STAGECOACH RAD YELLOW AND BLACK, REPRODUCTION  

MOTORIZED PADDLE BOARDS

MOTORIZED PADDLE BOARD, JET BOARDS, MDL DP100, SER# 0833

MOTORIZED PADDLE BOARD, JET BOARDS, MDL DP100, SER# 0690

(3) SAIL BOATS, SNARK, SUPER SNARK

KAYAK, HYDRA, 10′ 6″, W/ PADDLE, BACK REST, CAR MOUNTING BLOCKS

KAYAK, EMOTION, BUDWEISER, 2010, 8′ 3″

CANOE, COLEMAN, 3 PERSON, 660 LBS CAP, 17′

 

GO-KARTS

GO-KART, TRANS AM, SER# 8210375

GO-KART, YARBOROUGH, #27, SER# 20139944

GO-KART, 74TH INDY 500 PACE CAR SER# 86055746

GO-KART, PONTIAC, 1990, #98

GO-KART, GOODWRENCH, #3, SER# 920006343

GO-KART, 73RD INDY 500 PACE CAR 1989

GO-KART, BEATLE, CHUCK MILLES HOT SHOTS UNLIMITED

GO-KART, OLDSMOBILE, 72ND INDY 500 PACE CAR

GO-KART, OLDSMOBILE, AEROTECH, SER# 10698

GO-KART, OLDSMOBILE, AEROTECH, QUAD FOUR, SER# 10697

GO-KART, CORVETTE, 1983, SER# 301470146

GO-KART, CORVETTE, SER# 40160105, W/ BRA

GO-KART, 70TH INDY 500 PACE CAR, SER# 9169

GO-KART, VOLKSWAGEN BEETLE

GO-KART, FRAME

GO-KART, 63RD INDY 500 PACE CAR, SER# 90122951

GO-KART, #6 GALLES VALVOLINE, SER# 20139803

GO-KART, 71ST INDY 500 PACE CAR, SER# 714153

GO-KART, 71ST INDY 500 PACE CAR, SER# 71450

GO-KART, 69TH INDY 500 PACE CAR

STAGECOACH

REPLICA OF WELLS FARGO STAGECOACH, BUILT IN 2000, EXCELLENT CONDITION!

 

VINTAGE GAS PUMPS

TALL R.J. OIL & REFINING CO VISIBLE GAS PUMP W/“500 PLATOLENE” GLOBE

TALL GAS PUMP, POWELL PETRO VISIBLE GAS PUMP W/“500 PLATOLENE” GLOBE

1959 MOBIL GAS PUMP, REFURBISHED

SEVERAL PLATOLENE GLASS GLOBE FACES

SEVERAL PLATOLENE GLASS GLOBES

 

SLOT MACHINES & ARCADE GAMES

JENNINGS CHIEF CRISS CROSS 5-CENT SLOT MACHINE, NO. 18598-1912802

MILLS 5-CENT BLUE/ORANGE SLOT MACHINE, NO. 1405933, 1562771-1923945

PENNY SLOT MACHINE, PENNY PACK NO. 823, 15295 STAMPED ON BOTOM

MILLS PENNY SLOT MACHINE, GREEN, SN 15041, REFURBISHED, WOODEN

NORFOLK 1933 PENNY GUM SLOT MACHINE, 368 CLASS A SLOT MACHINE

10-CENT GREEN/RED DIAMOND SLOT MACHINE, SN 3183, OAK BASE, 441292

MILLS 5-CENT SPECIAL AWARD SLOT MACHINE, 777, BELLO-MATIC CORP., CHICAGO, 1950’S

“LITTLE DUKE” 1-CENT SLOT MACHINE, BLUE/GOLD, ART DECO, 1920’S, SN 6901

1-CENT SLOT MACHINE, SPECIAL GOLD SEAL, SN BB58598

ROULETTE WHEEL, GAMING TABLE

HIGHBALL 5000 GAMING MACHING, 25-CENT, RESTORED

PINBALL MACHINE, 25-CENT “GIN”, CHICAGO COINS DYNAMIC INDUSTRY

PINBALL MACHINE, PACKMAN. MR. AND MRS., 25-CENT, BALLY, BENSONVILLE, ILL

PINBALL MACHINE, “CASINO”, CHICAGO COIN, 25-CENT

HIGHBALL 5000 GAMING MACHING, 25-CENT, WOODEN RESTORED

1-CENT GUM MACHINE, RED, WHITE AND BLUE CIGARETTE PROMOTIONAL ADVERTISING COIN-OP MACHINE, NO. 832, 15295 (STAMPED ON BOTTOM)

ROULETTE WHEEL GAMING TABLE W/CHIPS

VIDEO GAME, VANGUARD CENTURI GAME, 25-CENT

ATARI GAME WITH BOX

 

BARBER CHAIRS & POLE

BARBER CHAIR, EARLY KOKEN BARBER CHAIR

BARBER CHAIR, EARLY KOKEN BARBER CHAIR

BARBER POLE LIGHT, WALL-MOUNTED

 

 

(2) “500” NEON SIGNS

 

(2) VINTAGE “500″ NEON SIGNS WITH RACE CAR AND FLASHING WHEEL SPINNERS, (SEE VIDEO ON OUR WEBSITE.) APPROXIMATELY 11’ LONG

 

GAS AND OTHER ADVERTISING SIGNS

SIGN, “500” PLASTIC THREE-PANEL, 12’W X 6’H

SIGN, “TERRE HAUTE GAS”, 6’W X 3’H

SIGN, “RC COLA”, 6’W X 3’H

SIGN, “TINCO”, 6′ ROUND, METAL

SIGN, “MOBIL LUBRICANTS”, 8’W X 3’H, PLASTIC

SIGN, “500 PLATOLENE”, 6’W X 5’H, OVAL

SIGN, “500 PLATOLENE”, 6′ ROUND METAL W/CHECKERED FLAG

SIGN, “CLABBER GIRL DOUBLE ACTION”, 5’W X 3’H

SIGN, “DEEP VEIN COAL CO.”, 8’W X 4’H

SIGN, “FIRST CRAWFORD BANK”, 8’W X 41″H

SIGN, “PRINCETON FARMS”, 6’W X 3’H OVAL

SIGN, ‘BLACKHAWK”, 6’ ROUND

SIGN, “CLABBER GIRL”, 5’W X 3’H, YELLOW

SIGN, “DEEP VEIN COAL CO.”, 6′ ROUND

SIGN, “PSYCHIATRIC HOSPITAL”, 5’W X 30″H

SIGN, “PRINCETON FARMS”, 6’W X 4’H, OVAL

SIGN, THE ENGRAVING CO, 18″W X 23″H

SIGN, “500 EXPRESS”, LIGHTED, 7’W X 5’H

SIGN, “COCA-COLA”, 3′ X 3′

SIGN, “LOVABLE AND AFFORDABLE NOSTALGIC CARS”, 6’W X 4’H

SIGN, “500 PLATOLENE, 24″W X 18″H, RUSTED

SIGN, “500 EXPRESS”, LIGHTED, FOR POLE MOUNTING, 12′ W X 8’H

SIGN, “STANDARD”, 8’W X 5’H

SIGN, “500 PLATOLENE”, 7’W X 3-1/2′ H

SIGN, “MOBIL”, 8’W X 4-1/2’H

SIGN, “TINCO”, 4′ ROUND, METAL

SIGN, “500 PLATOLENE”, 7’W X 5’H, OVAL PLASTIC

SIGN, “LARRY BIRD’S BOSTON CONNECTION CONFERENCE CENTER”, 10’W X 6’H

SIGN, “MOBIL LUBRICANTS”, 8’W X 3’H, PLASTIC

SIGN, “PRINCETON HYBRIDS”, 3’W X 2’H

SIGN, “RC COLA”, 6’W X 3’H

SIGN, “TINCO”, 4′ ROUND

SIGN, “TERRE HAUTE GAS”, 6’W X 3’H

SIGN, “MOBIL LUBRICANTS”, 8’W X 3′ H, PLASTIC

SIGN, “500 PLATOLENE”, OUTDOOR OVAL SIGN ON METAL POST, APPROX 18’H

SIGN, “LOAN DEPARTMENT”, METAL LETTERS

SIGN, “JEFF GORDON PEPSI”, 29’W X 66’H

SIGN, “DALE EARNHARDT”, 29″W X 66″H

SIGN, “TONY STEWART”, 29″W X 66″H

SIGN, “JEFF GORDON COKE”, 29″W X 66″H

SIGN, “PEGASUS”

SIGN, “CITGO”, 3′ X 3′

SIGN, “TONEY PETRO”, 3′ X 3′

SIGN, “MOBIL LUBRICANTS”, 8’W X 3’H, PLASTIC

 

COMBINATION SAFES

SAFE, CYLINDER SHAPED FLOOR SAFE, ARMY GREEN, THREADED DOOR LOCKING SYSTEM, YALE TOWN MFC. CO. STANFORD, CONN.

SAFE, MEALINK’S SAFE, SMALL HOME DEPOSIT VAULT

SAFE, RELIABLE SAFE AND LOCK CODE. IMC. “MAY CORSET SHOP” COVINGTON, N.Y.

SAFE, THE HALLS FLOOR SAFE COMPANY, CINCINNATI, OH., 6 FT TALL

SAFE, HALLS SAFE AND LOCK CODE, TWO DOOR FLOOR SAFE, BLACK W/YELLOW AND RED SCROLLWORK, CINCINNATI, OH.

SAFE, HALLS SAFE WITH WOOD DRAWERS AND ORIGINAL DECALS 1860’S ERA

SAFE, THE VICTOR SAFE AND LOCK CO., FLOOR MODEL SAFE, BLACK W/ORIGINAL ADVERTISING

 

PLUS LOTS OF MISCELLANEOUS ITEMS!  SEE CATALOG ON OUR WEBSITE AROUND JUNE 10TH!

 

REMOVAL – MONDAY-WEDNESDAY, JUNE 25-27

 

REGISTRATION & TERMS OF SALE

 

DONALD E. “DON” SMITH COLLECTION

 

June 16 – FIREARMS                     June 17 – ANTIQUES

 

June 23 – AUTOS & RACE CARS             June 24 – BOATS, GAS SIGNS & RACING COLLECTIBLES

 

 

 

FREE SHUTTLE SERVICE: Free Parking & Shuttle Service is free from Terre Haute Regional Airport (KHUF), beginning at 7:30am each Saturday auction day, and from 10:30am on each Sunday auction day.  Shuttle service is also available on each preview day, from 9:30am until 5:00pm. Seating for the live auctions is limited and will be on a first-come, first-served basis.  No trailer parking is available.

 

ADMISSION:

 

Single Day Pass June 16, June 17, or June 24 – $50.00 per person/day advance – $100.00 at the door.

 

Single Day Pass June 23 (Car Auction) – $200.00 per person advance – $300.00 at the door.

 

ALL DAYS PASS – $300.00/person advance – $500.00 at the door (if available).

 

Preferred Seating – Add $25.00/person/day

 

BUY YOUR ADMISSION TICKETS BEGINNING MAY 25TH AT: donsmithcollection.eventbrite.com

 

BIDDER REQUIREMENTS – ON-SITE BIDDERS:

 

By registering for this auction and providing a valid credit card (no debit cards), you are approved to bid up to $10,000.  If you request a higher bid limit, we will require a Letter of Credit from your financial institution, or a Bank Letter of Guarantee for your company check valid for up to the amount you wish to be approved.  The Bank Letter of Guarantee MUST be in the form of and include the exact language per the sample letter below.

 

On-site bidders will acknowledge the below terms of sale when purchasing tickets, and upon arrival.

 

Please Note* – If you do not provide a Bank Letter guaranteeing payment, once you surpass $10,000 in bids, your bids will not be accepted.

 

BIDDER REQUIREMENTS – ONLINE BIDDERS:

 

Bidder requirements for online bidders is the same as for on-site bidders.  We must receive this form in our office prior to the auction, completed and signed.  If requesting a credit limit over $10,000, we must also receive a bank letter of guarantee/letter of credit from your bank, prior to the auction.  One letter will satisfy requirements for all four live auctions.

 

 

 

BIDDERS TERMS AND CONDITIONS OF SALE:

 

All bids are final at Auction: If you are awarded the final bid, title changes hands when the auctioneer says “Sold”. You are responsible for payment in full. No bidder may retract a bid made during the sale for any reason.

 

Buyer’s Premium: A buyer’s premium is an amount, charged by the auction firm for conducting the auction sale. The buyer’s premium for this auction is 15% for on-site bidders, and 18% for online or phone bidders. If your bid price is accepted as the winning bid on any lot, you will be charged a buyer’s premium in addition to accepted bid price. The Buyer’s Premium is part of the purchase price and is subject to sales tax, if applicable. Indiana sales tax will be charged on all passenger vehicles, unless you are a dealer and have registered with your dealer’s license and tax I.D. number.

 

Any terms and conditions posted at the auction, printed in sale brochures, form signs, publicly announced or otherwise published are incorporated herein by reference. Buyer’s fee is added on all automotive lots, and on non-automotive lots.

 

Terms of Payment: Payment of the purchase price is due immediately upon the auctioneer’s declaration of sale. All payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Cash payments will be reported according to U.S. Federal government requirements. Should a bidder default on payment in any manner whatsoever, without limiting any recourse to Gallivan Auctioneers may have, bidder agrees to pay Gallivan Auctioneers all lost auction fees (which is the maximum published rates for (a) the bid price, (b) the Buyer’s premium, and (c) the sales tax), this amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes Gallivan Auctioneers to deduct these lost auction fees from bidder’s cash deposit, or to charge this amount to bidder’s credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay Gallivan Auctioneers costs of collection, including attorney fees and cost.

 

Condition of Sale:  Bidder is responsible for inspections and verification of condition, authenticity and completeness of any vehicle purchased. All statements printed in catalog brochures, advertising, signs, window cards, and verbal statements made by auctioneers or auction staff have come from Seller or third-party sources. Gallivan Auctioneers has no obligation to verify or authenticate any such claims or representations. Any warranties made by Seller must be in writing on an instrument separate from the purchase invoice and Bill of Sale and signed by both the buyer and seller. Any announcements made at the time of sale supersede any earlier printed information. Except as specifically provided herein, all vehicles and non-vehicle items are sold “AS IS, WHERE IS”, with no representations or warranties, expressed or implied.

 

SELLER AND GALLIVAN AUCTIONEERS MAKE NO WARRANTIES, EXPRESSED OR IMPLIED AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY, OR AGE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, OR MILEAGE OF ANY VEHICLE OR COMPONENT OF ANY VEHICLE, AND SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. GALLIVAN HAS NO OBLIGATION OR RESPONSIBILITY, AND DOES NOT ASSUME ANY OBLIGATION OR RESPONSIBILITY, TO UNDERTAKE AN INSPECTION OF ANY VEHICLE PRIOR TO THE AUCTION. BIDDERS HAVE THE OPPORTUNITY AND THE RESPONSIBILITY, AND ARE STRONGLY ENCOURAGED, TO RESEARCH THE VEHICLES PRIOR TO THE AUCTION. DURING THE VIEWING HOURS PRIOR TO THE AUCTION BIDDERS MAY, AND ARE STRONGLY ENCOURAGED, TO CONDUCT THEIR OWN INDEPENDENT INSPECTION AND EXAMINATION OF ANY VEHICLE, ACCOMPANYING DOCUMENTATION, RECEIPTS, AND OWNERSHIP DOCUMENTS RELATING TO A VEHICLE AS PROVIDED BY THE SELLER TO GALLIVAN.  BY PARTICIPATING IN THE AUCTION EACH BIDDER AND BUYER EXPRESSLY WAIVES AND AGREES THAT IT WILL NOT SEEK ANY RECOVERY FROM OR PURSUE ANY CLAIM AGAINST GALLIVAN OR THE SELLER.

 

ln no event shall Gallivan Auctioneers, the auctioneer, or any of its employees, agents, associates, or affiliates be responsible or liable in any way for any warranties, guarantees, histories, or descriptions of any vehicle or article offered for sale.

 

Risk or Loss: Bidder is responsible for all risk of loss or damage immediately upon purchase of vehicle or item, which occurs at the time of sale when the bidder is declared by the auctioneer to have the successful bld. All vehicles or items purchased must be removed from the auction site at the bidders’ expense within fourteen (14) days following the sale. If not removed by the fourteenth day following the sale, Gallivan Auctioneers will charge a storage fee of $50.00/day or remove the vehicle or item with all costs of moving and storage to be paid by the bidder.  There will be no removal on preview or auction days.

 

Dealer Note: All dealers must have a current sales tax license and current dealer license on file with the auction office.

 

Other Terms: Vehicles not marked as offered without reserve are subject to a reserve bid set by the Seller. When a vehicle is sold subject to such a reserve bid the auctioneer may bid. All terms of sale posted on the auction premises, printed in sale brochures or forms, publicly announced, or otherwise published are incorporated herein by reference. In the event either party brings action against the other arising from or relating to this bid card or any auction held in connection herewith, the prevailing party, as determined by the court, shall be entitled to recover its reasonable attorney’s fees and costs. The law in the state of Indiana shall govern the provisions of this bid card. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in Indianapolis, Indiana. You are responsible for all bids made with this bidder’s number, whether or not made by you and whether or not authorized by you. If your bidder card is lost or stolen, immediately report to Gallivan Auctioneers auction office as bids made with this bidder number will be your responsibility.

 

Terms subject to change.

 

 

 

 

 

 

 

 

 

 

 

(This area intentionally left blank)

 

 

 

 

 

 

 

 

 

 

 

 

 

BIDDER’S ACKNOWLEDGEMENT TO TERMS OF SALE

 

 

 

I ACKNOWLEDGE THAT I HAVE READ THE ENTIRE TERMS OF SALE ABOVE, AND UNDERSTOOD AND AGREE TO THE TERMS AND CONDITIONS OUTLINED ABOVE, ACCEPTED BY:

 

 

 

_______________________________

 

ACCEPTED BY SIGNATURE:

 

 

 

 _______________________________

 

NAME PRINTED:

 

 

 

DATE: ________________________________________________

 

 

 

ADDRESS: _____________________________________________

 

 

 

                 _____________________________________________

 

 

 

CELL PHONE# _________________________________________

 

 

 

EMAIL: _______________________________________________

 

 

 

 

 

ONCE COMPLETED, SEND THIS ACKNOWLEDGEMENT TO: getinfo@njgallivan.com

 

Or fax to (317) 227-3725

 

 

 

 

 

 

 

 

 

 

 

 

 

SAMPLE IRREVOKABLE LETTER OF CREDIT/GUARANTEE

 

(LETTER MUST INCLUDE THE LANGUAGE BELOW)

 

 

 

BANK LETTERHEAD

 

Date:

 

 

 

Norman J. Gallivan, Inc.
7170 Zionsville Road

 

Indianapolis, Indiana 46268

 

 

 

RE: (BIDDER’S NAME)

 

Dear Norman J. Gallivan, Inc.,

 

This letter will serve as your notification that (Bank Name) will irrevocably honor and guarantee payment of any check(s) written by, or wire transfers sent by (Customer’s Name), to Norman J. Gallivan, Inc. (Norman J. Gallivan, Inc. Escrow Account) up to the amount of ($_____________) and drawn on Account Number (last 4 digits of the account number).

 

This guarantee is for the purpose of our customer purchasing items in connection with the Gallivan Auctions held at The Don Smith Collection in Terre Haute, Indiana on June 16-June 24, 2018.

 

 

 

________________________________________________
Bank Officer’s Signature and Title

 

________________________________________________
Bank Officer’s Phone number 

 

 

DONALD E. “DON” SMITH COLLECTION

June 16 – FIREARMS                     June 17 – ANTIQUES

June 23 – AUTOS & RACE CARS             June 24 – BOATS, GAS SIGNS & RACING COLLECTIBLES

 

FREE SHUTTLE SERVICE: Free Parking & Shuttle Service is free from Terre Haute Regional Airport (KHUF), beginning at 7:30am each Saturday auction day, and from 10:30am on each Sunday auction day.  Shuttle service is also available on each preview day, from 9:30am until 5:00pm. Seating for the live auctions is limited and will be on a first-come, first-served basis.  No trailer parking is available.

ADMISSION:

Single Day Pass June 16, June 17, or June 24 – $50.00 per person/day advance – $100.00 at the door.

Single Day Pass June 23 (Car Auction) – $200.00 per person advance – $300.00 at the door.

ALL DAYS PASS – $300.00/person advance – $500.00 at the door (if available).

Preferred Seating – Add $25.00/person/day

BUY YOUR ADMISSION TICKETS BEGINNING MAY 25TH AT: donsmithcollection.eventbrite.com

BIDDER REQUIREMENTS – ON-SITE BIDDERS:

By registering for this auction and providing a valid credit card (no debit cards), you are approved to bid up to $10,000.  If you request a higher bid limit, we will require a Letter of Credit from your financial institution, or a Bank Letter of Guarantee for your company check valid for up to the amount you wish to be approved.  The Bank Letter of Guarantee MUST be in the form of and include the exact language per the sample letter below.

On-site bidders will acknowledge the below terms of sale when purchasing tickets, and upon arrival.

Please Note* – If you do not provide a Bank Letter guaranteeing payment, once you surpass $10,000 in bids, your bids will not be accepted.

BIDDER REQUIREMENTS – ONLINE BIDDERS:

Bidder requirements for online bidders is the same as for on-site bidders.  We must receive this form in our office prior to the auction, completed and signed.  If requesting a credit limit over $10,000, we must also receive a bank letter of guarantee/letter of credit from your bank, prior to the auction.  One letter will satisfy requirements for all four live auctions.

 

BIDDERS TERMS AND CONDITIONS OF SALE:

All bids are final at Auction: If you are awarded the final bid, title changes hands when the auctioneer says “Sold”. You are responsible for payment in full. No bidder may retract a bid made during the sale for any reason.

Buyer’s Premium: A buyer’s premium is an amount, charged by the auction firm for conducting the auction sale. The buyer’s premium for this auction is 15% for on-site bidders, and 18% for online or phone bidders. If your bid price is accepted as the winning bid on any lot, you will be charged a buyer’s premium in addition to accepted bid price. The Buyer’s Premium is part of the purchase price and is subject to sales tax, if applicable. Indiana sales tax will be charged on all passenger vehicles, unless you are a dealer and have registered with your dealer’s license and tax I.D. number.

Any terms and conditions posted at the auction, printed in sale brochures, form signs, publicly announced or otherwise published are incorporated herein by reference. Buyer’s fee is added on all automotive lots, and on non-automotive lots.

Terms of Payment: Payment of the purchase price is due immediately upon the auctioneer’s declaration of sale. All payments must be in the form of cash or certified funds unless other arrangements have been approved in advance. Cash payments will be reported according to U.S. Federal government requirements. Should a bidder default on payment in any manner whatsoever, without limiting any recourse to Gallivan Auctioneers may have, bidder agrees to pay Gallivan Auctioneers all lost auction fees (which is the maximum published rates for (a) the bid price, (b) the Buyer’s premium, and (c) the sales tax), this amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes Gallivan Auctioneers to deduct these lost auction fees from bidder’s cash deposit, or to charge this amount to bidder’s credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay Gallivan Auctioneers costs of collection, including attorney fees and cost.

Condition of Sale:  Bidder is responsible for inspections and verification of condition, authenticity and completeness of any vehicle purchased. All statements printed in catalog brochures, advertising, signs, window cards, and verbal statements made by auctioneers or auction staff have come from Seller or third-party sources. Gallivan Auctioneers has no obligation to verify or authenticate any such claims or representations. Any warranties made by Seller must be in writing on an instrument separate from the purchase invoice and Bill of Sale and signed by both the buyer and seller. Any announcements made at the time of sale supersede any earlier printed information. Except as specifically provided herein, all vehicles and non-vehicle items are sold “AS IS, WHERE IS”, with no representations or warranties, expressed or implied.

SELLER AND GALLIVAN AUCTIONEERS MAKE NO WARRANTIES, EXPRESSED OR IMPLIED AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY, OR AGE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, OR MILEAGE OF ANY VEHICLE OR COMPONENT OF ANY VEHICLE, AND SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. GALLIVAN HAS NO OBLIGATION OR RESPONSIBILITY, AND DOES NOT ASSUME ANY OBLIGATION OR RESPONSIBILITY, TO UNDERTAKE AN INSPECTION OF ANY VEHICLE PRIOR TO THE AUCTION. BIDDERS HAVE THE OPPORTUNITY AND THE RESPONSIBILITY, AND ARE STRONGLY ENCOURAGED, TO RESEARCH THE VEHICLES PRIOR TO THE AUCTION. DURING THE VIEWING HOURS PRIOR TO THE AUCTION BIDDERS MAY, AND ARE STRONGLY ENCOURAGED, TO CONDUCT THEIR OWN INDEPENDENT INSPECTION AND EXAMINATION OF ANY VEHICLE, ACCOMPANYING DOCUMENTATION, RECEIPTS, AND OWNERSHIP DOCUMENTS RELATING TO A VEHICLE AS PROVIDED BY THE SELLER TO GALLIVAN.  BY PARTICIPATING IN THE AUCTION EACH BIDDER AND BUYER EXPRESSLY WAIVES AND AGREES THAT IT WILL NOT SEEK ANY RECOVERY FROM OR PURSUE ANY CLAIM AGAINST GALLIVAN OR THE SELLER.

ln no event shall Gallivan Auctioneers, the auctioneer, or any of its employees, agents, associates, or affiliates be responsible or liable in any way for any warranties, guarantees, histories, or descriptions of any vehicle or article offered for sale.

Risk or Loss: Bidder is responsible for all risk of loss or damage immediately upon purchase of vehicle or item, which occurs at the time of sale when the bidder is declared by the auctioneer to have the successful bld. All vehicles or items purchased must be removed from the auction site at the bidders’ expense within fourteen (14) days following the sale. If not removed by the fourteenth day following the sale, Gallivan Auctioneers will charge a storage fee of $50.00/day or remove the vehicle or item with all costs of moving and storage to be paid by the bidder.  There will be no removal on preview or auction days.

Dealer Note: All dealers must have a current sales tax license and current dealer license on file with the auction office.

Other Terms: Vehicles not marked as offered without reserve are subject to a reserve bid set by the Seller. When a vehicle is sold subject to such a reserve bid the auctioneer may bid. All terms of sale posted on the auction premises, printed in sale brochures or forms, publicly announced, or otherwise published are incorporated herein by reference. In the event either party brings action against the other arising from or relating to this bid card or any auction held in connection herewith, the prevailing party, as determined by the court, shall be entitled to recover its reasonable attorney’s fees and costs. The law in the state of Indiana shall govern the provisions of this bid card. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in Indianapolis, Indiana. You are responsible for all bids made with this bidder’s number, whether or not made by you and whether or not authorized by you. If your bidder card is lost or stolen, immediately report to Gallivan Auctioneers auction office as bids made with this bidder number will be your responsibility.

Terms subject to change.

 

 

 

 

 

(This area intentionally left blank)

 

 

 

 

 

 

BIDDER’S ACKNOWLEDGEMENT TO TERMS OF SALE

 

I ACKNOWLEDGE THAT I HAVE READ THE ENTIRE TERMS OF SALE ABOVE, AND UNDERSTOOD AND AGREE TO THE TERMS AND CONDITIONS OUTLINED ABOVE, ACCEPTED BY:

 

_______________________________

ACCEPTED BY SIGNATURE:

 

 _______________________________

NAME PRINTED:

 

DATE: ________________________________________________

 

ADDRESS: _____________________________________________

 

                 _____________________________________________

 

CELL PHONE# _________________________________________

 

EMAIL: _______________________________________________

 

 

ONCE COMPLETED, SEND THIS ACKNOWLEDGEMENT TO: getinfo@njgallivan.com

Or fax to (317) 227-3725

 

 

 

 

 

 

SAMPLE IRREVOKABLE LETTER OF CREDIT/GUARANTEE

(LETTER MUST INCLUDE THE LANGUAGE BELOW)

 

BANK LETTERHEAD

Date:

 

Norman J. Gallivan, Inc.
7170 Zionsville Road

Indianapolis, Indiana 46268

 

RE: (BIDDER’S NAME)

Dear Norman J. Gallivan, Inc.,

This letter will serve as your notification that (Bank Name) will irrevocably honor and guarantee payment of any check(s) written by, or wire transfers sent by (Customer’s Name), to Norman J. Gallivan, Inc. (Norman J. Gallivan, Inc. Escrow Account) up to the amount of ($_____________) and drawn on Account Number (last 4 digits of the account number).

This guarantee is for the purpose of our customer purchasing items in connection with the Gallivan Auctions held at The Don Smith Collection in Terre Haute, Indiana on June 16-June 24, 2018.

 

________________________________________________
Bank Officer’s Signature and Title

________________________________________________
Bank Officer’s Phone number 

Video: Griot’s Garage Tour of “Donnieland”

PARKING IS AT THE TERRE HAUTE REGIONAL AIRPORT (KHUF), LOCATED AT 581 S AIRPORT ST, TERRE HAUTE, INDIANA 47803.

FREE SHUTTLE SERVICE WILL DEPART EVERY 20-25 MINUTES BEGINNING AT 10:30 AM.

NO PARKING AVAILABLE AT AUCTION SITE.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Gallivan Auctioneers & Appraisers

http://njgallivan.com

7170 Zionsville Road Indianapolis, IN 46268

Your auction should be printing now. If not, please click here.

AuctionServices