Auction Location: 226 St. John Street, Loretto, MN 55357
Phone: 763-742-8768
Lot Categories: Firearms/Ammo (50)
Auction Closed
02/22/2018 07:40 pm
Closed
WWW.LORETTOEQUIPMENT.COM FOLLOW US ON FACEBOOK!!
IMPORTANT NOTES:
When you purchase a firearm, you will be required to pass a NICS check. Plan on spending some time filling out the required paperwork to obtain a firearm. If you are purchasing a handgun or rifle with pistol grip, you will be required to have a valid permit to purchase or Minnesota Conceal and Carry permit. If you do not pass the NICS check, the firearm will be resold on auction for you, but you are still required to honor your bid and pay for your purchase. $25 will be charged for the paperwork/transfer at the time of pickup or shipment for each firearm.
Lots #1 Thru #11 Are Located At The K-Bid Auction Center---5030 Hwy 12, Maple Plain MN 55359
Lots #12 Thru #50 Are Located At The Loretto Equipment Facility--226 St. John Street, Loretto MN 55357
INSPECTION:
Inspections Can Be Made By Appointment---Call Casey @ 763-742-8768 (Please DO NOT stop by without scheduling an appointment time for inspection of the firearms.)
REMOVAL / PICK-UP:
The High Bidders Of The Firearms Must First Make Payment (IN PERSON ONLY) At The Loretto Equipment Facility--Then Proceed To The K-Bid Auction Center To Pick-Up The Firearms Once The NICS Check Is Completed.
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Buyer's Premium | Cap | ||
|---|---|---|---|
| 13.00% | $3,250.00 | ||
This auction is contracted and managed by: Loretto Equipment
Manager: Casey (P.O. BOX 24)
Items are to be picked up on the posted date.
This affiliate accepts Cash, Good Checks, Cashier’s Checks, Credit Cards.
This auction is contracted and managed by Loretto Equipment.
FFL #3-4105-3-01-8K-03963 K-BID Online Inc
Under Federal law, in order for a Licensed Dealer to lawfully transfer a firearm to a person who resides out of State, the firearm must be shipped to a Federal Firearms Licensee (FFL) within the bidder’s State of residence. The bidder may then receive the firearm from the FFL upon completion of an ATF Form 4473 and a NICS background check fee, which can vary from that listed on the final invoice.
By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms. For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
There is a 13% BUYERS PREMIUM (13% BP) on this auction.
Applicable Minnesota Sales Tax will be collected.
At the close of the auction active items will remain open until no bids have been received for three minutes.
IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.
Auction Terms Addendum
This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.
Shipping available through Loretto Equipment via SpeeDee Delivery.
Most items are available for shipping.
Call Casey @ 763-742-8768 for details.
Important Notes:
--Please Call 763-742-8768 Prior To Making Payment If You Need Your Items Shipped
--When Making An Online Payment, You Are Still Required To Pick Up Your Items On The Scheduled Removal Date.
