Auction Location: 226 St. John Street, Loretto, MN 55357
Phone: 763-742-8768
Lot Categories: Firearms/Ammo (62), Hunting/Fishing/Camping (19)
Auction Closed
05/13/2018 08:25 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.
The Firearms Are Located At The K-Bid Auction Center---5030 Hwy 12, Maple Plain MN 55359
The Air Rifles, Firearm Accessories & Etc 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 |
| Hammer Price Tier | Buyer's Premium | Cap | |
|---|---|---|---|
| $0.00 - $4,999.99 | 13.00% | ||
| $5,000.00 - infinity | 10.00% | $1,000.00 | |
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.
K-BID Online Inc is the FFL (#03-4105-3-01-8K-03963)
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.
This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.
K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website. K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.
K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.
By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.
Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).
Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.
Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled. Once a bid is placed it cannot be retracted.
Sellers and their agents are prohibited from bidding on their own assets.
Items with a reserve will not be sold unless the reserve price has been met.
At the close of the auction, active items will remain open until no bids have been received for three minutes.
Applicable sales tax will be collected by the affiliate managing the auction.
In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.
Affiliates may lower a lot reserve at any time before or after an auction closes. If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.
Once an auction begins its closing process, outbid notifications will not be sent.
Once a bid is placed it cannot be retracted.
NOTE: Firearms Can Be Shipped ONLY To A FFL-Dealer Near You.
Shipping available through Loretto Equipment via SpeeDee Delivery.
Most items are available for shipping.
Call Casey @ 763-742-8768 for details.
There Are No Online Payments Available For This Auction.
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.
