| 1. |
Who can participate
in the auction?
This is a sealed-bid auction.
Anyone is free to pick-up a bidding form available
at the exhibition location or through website download.
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| 2. |
When does the auction
begin and end?
The opportunity to make
a sealed-bid for these lots will commence at 9:00
am on 24 May, 2007 and finish precisely at 6:00
pm on 4 June, 2007. |
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| 3. |
How do I place a
bid?
1) At AIAA 2007, AsiaWorld-Expo
Fill in the bidding form available at the reception
desk at Bonhams auction venue and return it by dropping
into the collection box.
2) At Harbour City, Gateway Arcade, Atrium II
Fill in the bidding form available at the exhibition
venue and return it by dropping into the collection
box.
3) Website Download
Fill in the bidding form available from downloading
at www.hkbcf.org.hk
and return it via fax to (852) 2576-8623 |
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| 4. |
What is the minimum
bid?
The minimum bid for each
limited BE@RBRICK is HK$50,000 |
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| 5. |
Any chances of viewing
the current high bid?
Since this is a sealed-bid
auction, viewing of the current high bid is not
available. |
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| 6. |
What if there are
two or more people with the highest bid for each
lot?
1) Bidders will be notified
separately before 17 June, 2007 for a 2nd round
bidding where they can offer a higher bid. The 2nd
round bid will be open for 48 hours only and the
highest bidder from the 2nd round bid will be notified
within 3 working days after the 2nd round bid session
closes.
2) In case of receiving more than one highest bid
from the 2nd round bid session, another round of
bidding will continue until only one highest bid
offer has been reached.
3) If we are not able to contact the bidder within
48 hours, the bidder will automatically be disqualified
to enter the next bid round.
4) Bidders also have a choice to give-up bidding
for the next round by not offering bids within 48
hours of notification.
5) If neither bidders can be reached for the next
bidding session, the successful bid will go to bidder
with the second highest bid from the previous bid
session. |
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| 7. |
When will I know if I am
the successful bidder of the BE@RBRICK I have bid
for?
Successful bidders with
the highest bid will be notified directly by phone
or e-mail before 17 June, 2007. |
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| 8. |
How do I pay?
Payment is due within
48 hours after being notified in person by telephone
that the bid is successful. Payment can be made
by the following methods:
Method of payment in HK
1¡^By Cheque :
crossed cheque payable to "Hong Kong Blood
Cancer Foundation"
2¡^Direct Transfer
to HKBCF's HSBC account : Account No 502-001589-838
Overseas payment
Bank Transfers in Hong Kong Dollars as follow
- HSBC Bank Central Branch, 29 Queen's Road Central,
Central District, Hong Kong
Account Name : Hong Kong Blood Cancer Foundation
Account No .: 502-001589-838
Swift Code : BY SWIFT MT100 /MT103/TESTED TELEX
Please instruct your bank
to include your name, BE@RBRICK Lot Number and
invoice number. Please note that we reserve the
right to decline payments received from anyone
other than the party named on the invoice and
that clearance of such payments will be required.
Please contact us at (852) 2576-0982 if you have
any questions concerning clearance.
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| 9. |
How do I collect
the BE@RBRICK after payment?
Lots will only be released
to you or your authorized representative when
full and cleared payment has been received by
Hong Kong Blood Cancer Foundation (HKBCF), appropriate
identification has been provided and a release
note produced. HKBCF is entitled to withhold possession
from you until payment in full and in cleared
funds of the Successful Bid Price in respect of
the Lot.
You will collect and
remove the Lot at your own expense from HKBCF's
custody in accordance with HKBCF's instructions
or requirements. You will be wholly responsible
for packing, handling and transport of the Lot
on collection and for complying with all import
and export regulations in connection with the
Lot. Please contact HKBCF prior to collection.
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| 10. |
What will happen if I fail
to pay within 48 hours after notification of successful
bid?
If the successful bidder
failed to settle payment within 48 hours upon notification,
the bid will be cancelled and the Lot will be sold
to the second highest bidder. |
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| 11. |
What about storage
details & charges?
Unless otherwise agreed
with Hong Kong Blood Cancer Foundation, if the
already notified successful bidder does not collect
the Lot within 7 working days after notification,
storage and handling charges may apply.
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| 12. |
LIABILITY FOR LOSS
OR DAMAGE
Neither Hong Kong Blood
Cancer Foundation, nor Bonhams or their agents
nor staff will have any liability whatsoever in
event of any error occurring with the execution
of this bid.
(For oversea buyers only)
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| 13. |
DISPATCH and TRANSIT INSURANCE
Purchases will be released
to your shipper upon receiving clearance notice
from Hong Kong Blood Cancer Foundation, receipt
of your written dispatch instructions and of any
export license or certificates may be required.
HKBCF is available to arrange dispatch on your behalf.
Estimates and information can be provided upon request,
please fax your enquiries to (852) 2576-8623 or
email to jacqui@communion-w.com.hk.
Hong Kong Blood Cancer Foundation
may receive a fee for its own account from the
agent arranging dispatch. Your shipper will include
a quote for transit insurance. All shipments should
be unpacked and checked on delivery and any discrepancies
notified to the transit insurer or shipper immediately.
A form for your use in obtaining a shipping quotation
is included with this invoice.
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| 14. |
EXPORT/ IMPORT REGULATIONS
Please be reminded that
shipping cost of the lots purchased must be paid
immediately after notification. The denial of any
export license required or any delay in obtaining
such license cannot justify the cancellation of
the sale or any delay in making payment of the total
amount due. |
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