• Onsite Bidding
• Phone Bidding
• Methods of Payment
• Conditions of Sale
• FAQ

Methods of Payment

1. LETTER OF GUARANTEE: If you plan to use Personal / Company / Stockbroker Checks or Wire Transfers, a current Letter of Guarantee from your bank or stockbroker is REQUIRED. The LOG must reference the specific account number for the check you plan to use for payment. Checks written from another bank or investment account will NOT be accepted. Routing number for Wire Transfer will be supplied at settlement.
   Sample Letter of Guarantee
2. CASHIER’S / BANK CHECKS: If you plan to use Cashier’s or Bank Checks, they must be made payable to G. Potter King, Inc. and 10% of your accepted bidding limit must be posted as a deposit when you pick up your credentials. If vehicles are purchased, the deposit will be applied and the balance is due at Settlement within one (1) hour of the sale. If no purchases are made, the deposit can be picked up in the Auction office when Bidder credentials are turned in.
3. CREDIT CARDS: We accept American Express, Visa, MasterCard and Discover. An authorization HOLD will be placed on the credit card for the amount of your accepted bidding limit when you pick up your credentials. When using a credit card, you will be charged a 2% processing fee.
4. FINANCING: See below.