Eldred's - Auctioneers, Appraisers

Paying for your Purchases

You will receive an invoice for your auction purchases, and payment is expected within seven days from receipt of invoice. Your invoice will include the hammer price, the buyer's premium, and any applicable taxes.

All purchases are subject to the Massachusetts sales tax (currently 6.25%) unless the purchaser: A) possesses a Massachusetts sales tax exemption or resale number and registers that number with the company, B) is an out-of-state vendor who meets all the requirements of Massachusetts Department of Revenue GLC 64H 1(5) and Directive 89-10 and registers with the company prior to each purchase, or C) has purchases shipped out of state (with the exception of Connecticut, New York and North Carolina) directly from Eldred’s by a bona fide shipping agent. Connecticut residents picking items up in our Mystic branch or having purchases shipped to their Connecticut address are responsible for CT state sales tax (currently 6.35%). New York and North Carolina residents having purchases shipped to their New York or North Carolina address are responsible for NY and NC state and jurisdiction sales tax. Due to the 2018 U.S. Supreme Court ruling in South Dakota v. Wayfair, residents of other states may be required to pay their state sales tax on purchases as we meet each state’s nexus requirements.

Accepted forms of payment are cash, check and wire transfers. We accept MasterCard, Visa, American Express and Discover for auction purchases provided the invoice total is $5,000 or less and the credit card has a U.S. billing address. PayPal is not an accepted form of payment.

 

Last updated: August 14, 2019

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