GENERAL TERMS & CONDITIONS – SALES
Effective as of: June 1, 2025
Auction name: Sakari Auctions (Sakari Vintage Oy, Business ID: 3344524-1)
Premises: Liljalaaksonkatu 4, 23500 Uusikaupunki, Finland
1. NATURE AND SCOPE OF THE CONSIGNMENT
1.1 Sakari Auctions (hereinafter “Auction House”) commits to selling the seller’s (hereinafter “Seller”) items in the auction on behalf of the Seller.
1.2 Sales take place in an online auction, in the Auction House’s discretion.
1.3 The Seller must register before consigning and provide required information. The Auction House reserves the right to reject or remove any registration without justification.
1.4 Unless otherwise agreed, the Auction House decides the auction format and timing.
1.5 The Auction House may change the auction date or cancel the auction entirely.
1.6 Sales commission and other fees apply as specified in these terms.
2. ACCEPTANCE OF ITEMS
2.1 Items are reviewed before being accepted for auction. The Auction House decides on acceptance or rejection.
2.2 The Seller must own the items or provide written authorization for sale.
2.3 The Seller must disclose any defects or deficiencies.
2.4 The Auction House may withdraw an item if authenticity, ownership, or other significant concerns arise.
2.5 Decisions regarding item acceptance will be communicated to the Seller promptly.
3. STORAGE & INSURANCE
3.1 Items are insured from receipt at their starting price, minus sales fees.
3.2 Liability for compensation arises only if the Auction House acts negligently.
3.3 Minor handling damage, natural material phenomena, or age-related changes are not covered.
3.4 Instead of monetary compensation, the Auction House may choose to repair the item.
3.5 After compensation is paid, ownership transfers to the Auction House.
4. DESCRIPTION & STARTING PRICE
4.1 Descriptions, photography, and starting price determination are done by the Auction House unless otherwise agreed.
4.2 The Seller is responsible for verifying accuracy and notifying of any errors.
4.3 The starting price is indicative, not a reserve price unless specifically agreed.
4.4 A reserve price is set by agreement if desired.
5. SALES CURRENCY & FEES
5.1 All sales, appraisals, and payments are in euros (EUR).
5.2 Seller’s commission is 20% or a minimum of €10 of the hammer price (incl. VAT). For gold and silver: €10 up to €100, then 10% thereafter.
5.3 Insurance fee is included in the commission (incl. VAT).
6. AUCTION DURATION
6.1 Auctions last 7 days.
6.2 Each item is viewable on-site for 2–3 days.
6.3 The auction starts on the first viewing day.
7. CANCELLATION OF CONSIGNMENT
7.1 The Seller may cancel before item publication.
7.2 Uncollected items incur a storage fee of €5.06/day plus warehousing costs.
7.3 The Auction House may hold items as collateral for payment.
7.4 Cancellations must be made in writing.
8. UNSOLD ITEMS
8.1 Items may be relisted, with reduced starting/reserve prices if needed.
8.2 If not collected within 5 business days of notification, storage fees (€5.06/day) and warehousing charges apply.
8.3 If still uncollected after 3 months, items may be sold or donated per Finnish law (688/1988).
9. RIGHT OF WITHDRAWAL
9.1 Finnish Consumer Protection Act applies.
9.2 If a buyer exercises right of withdrawal, the Auction House may relist the item without prior notice and is not responsible for price changes.
9.3 The Auction House may charge the Seller for costs arising from a canceled sale.
10. SETTLEMENT & PAYMENTS
10.1 A preliminary settlement is sent via email.
10.2 Payment is made within 25 days of the auction, provided the buyer has paid and not lodged complaints or withdrawal.
10.3 If a withdrawal period is in effect, payment is delayed until 5 banking days after withdrawal rights expire.
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GENERAL TERMS & CONDITIONS – PURCHASES
Effective as of: June 1, 2025
Auction name: Sakari Auctions (Sakari Vintage Oy, Business ID: 3344524-1)
Premises: Liljalaaksonkatu 4, 23500 Uusikaupunki, Finland
1. GENERAL
1.1 These terms apply to purchasing items (the “Item”) in auctions organized by Sakari Vintage Oy (“Auctioneer”). By participating, the buyer agrees to abide by these terms.
2. REGISTRATION & PARTICIPATION
2.1 Participation requires registration. The Auctioneer may accept or reject registrations for valid reasons.
3. BIDDING & AUCTION PROCESS
3.1 Bids must be made in the manner specified by the Auctioneer.
3.2 The highest accepted bid is binding.
3.3 The Auctioneer may reject bids or cancel a sale without explanation.
3.4 The Auctioneer resolves any auction-related disputes.
4. SALE PRICE & BUYER’S FEE
4.1 The buyer pays the hammer price and a buyer’s premium of 15% of the hammer price.
4.2 Additional costs like packaging, shipping, or storage are added separately.
4.3 Packaging & shipping fees: €25 (large parcel) and €15 (small parcel).
5. PAYMENT TERMS
5.1 Payment must be made in full within 5 days of the auction.
5.2 Payment is via invoice only.
5.3 Late payment may incur interest and item withholding by the Auctioneer.
6. OWNERSHIP & RISK
6.1 Ownership transfers only after full payment, including additional charges.
6.2 Risk transfers when the item is delivered or ready for delivery.
7. PICKUP & DELIVERY
7.1 Items must be collected within 5 business days of the auction.
7.2 Late pickups incur storage charges of €10/week from the first late day.
7.3 Delivery arrangements are made separately at buyer’s expense.
8. CONDITION OF ITEMS & LIABILITY
8.1 Items are sold “as is” at the time of sale.
8.2 Viewing events or photos do not guarantee item condition.
8.3 The Auctioneer is not liable for defects, wear, or hidden faults.
8.4 Any concerns must be noted prior to bidding or purchase.
9. RIGHT OF WITHDRAWAL
9.1 Consumer buyers have no right of withdrawal unless required by law.
9.2 Business buyers have no withdrawal right.
10. CLAIMS
10.1 Claims must be made in writing promptly, no later than 5 days after receiving the item.
10.2 If accepted, the Auctioneer may refund the purchase price but isn’t liable for indirect or third-party damages.
11. RIGHTS & INTELLECTUAL PROPERTY
11.1 IP rights related to the item do not transfer to the buyer unless expressly stated.
11.2 The buyer may not use the Auctioneer’s name for commercial purposes without permission.
12. DISPUTES & APPLICABLE LAW
12.1 Disputes are first attempted to be resolved amicably.
12.2 If no agreement is reached, disputes are resolved in the District Court of the Auctioneer’s domicile.
12.3 Finnish law applies to these terms.
Contact Information:
Sakari Auctions / Sakari Vintage Oy
Business ID: 3344524-1
Liljalaaksonkatu 4, 23500 Uusikaupunki
viivi@sakariauctions.com
www.sakariauctions.com