Registration • Bidders must register before participating the auction. Time Bid • You can bid online before the live auction starts. Log in to your account at moretonauctions.com. Choose Upcoming Auctions to find the one you want. Browse lots, add items to your Watched Lots, and bid. Bidder Paddle • Bidders are assigned a paddle or number for identification. • Floor bidders should display their paddles visibly when making bids. Maximum Bid • The highest amount you're willing to bid on a lot. When you set your maximum bid, Moreton auctions system can bid on your behalf, up to that amount. The system raises bids in minimum increments, ensuring you get the lot at the best price. Reserve Prices • Some lots may have reserved prices. When you are placing your bid in an auction and you have not met the reserve, you will be notified. Bid Cancellation • Bids are binding; once accepted, they cannot be canceled Auctioneer’s Decision • The auctioneer has the right to determine the winning bid, resolve disputes and re-offer items if necessary Payment Terms • All transactions are conducted in Philippine Peso (PHP). • Online bidders and Floor bidders can make bank deposits to our designated bank account • Floor Bidders can pay with cash or checks at the event location. Customers paying by check without established credit will undergo a clearing period before their items are shipped Condition of Items • Items are sold “as is” and bidders should inspect items and exercise due diligence before bidding. Buyer’s Premium • A buyer’s premium of 12% will be added to the final hammer price • The buyer’s premium is not included in the announced bid and will be calculated separately Disqualification of Bidders • Auctioneer reserves the right to disqualify bidders for non-compliance with rules. Shipping • We currently only offer local delivery services within the Philippines. Items can be shipped via Mail, LBC, JRS or under the supervision of Mr. Kenneth Khel Cabides. Delivery fees are the responsibility of the customer • Upon delivery, the recipient is responsible for inspecting the items. Any claims must be made in writing within seven (7) days of receipt. If no such notice is provided within this period, the delivery will be considered fully accepted, and no further claims will be acknowledged Announcements • All announcements by the auctioneer supersede printed material or previous statements