PLEASE NOTE UPDATED TERMS AND CONDITIONS 4/15/2025
1. The bidder accepts the conditions of sale stated as follows by offering bids via mail, telephone, fax, email or internet. Bids are NOT accepted via email or social media on closing days.
2. Items are sold to the highest bidder. IC TOY’S BUYER’S PREMIUM IS 20%. Reduced to 17% for check, money order or wire payment. 100% of the buyers premium is donated directly to IC4Life Charity. Accepted payment methods are Visa, MasterCard, American Express, Discover, check, money order and we will also accept payment by wire transfer, and PayPal. The buyer's premium discount is only applicable if payment is received within 14 days from the close of the auction. Payments received after 14 days from the close of the auction are subject to the 20% buyer's premium regardless of method of payment.
3. Each item has a specific “opening” or “reserve” bid. If you are the first person to bid that amount, the item will be sold to you at that price unless another bidder raises your bid. Once an item has an opening bid, additional increases go in 10% increments (up to $99,999, 5% bid increments $100,000 to $499,999 and 2.5% bid increments $500,000 and up). Bids are posted on the internet as received or you may call prior to closing days between 9:00 A.M. - 5:00 P.M. Central time, Monday - Friday to learn current high bids and place bids.
4. Tie bids are decided by the earliest bid received.
5. Bidders must pay packing, postage and insurance costs. All packages are insured for the full amount without exception. When packaging and postage costs rise, IC Toys will adjust shipping costs accordingly. Increases in shipping costs, based on published rates from USPS or UPS and/or personal disagreement with shipping costs and methods are not an acceptable reason to default on payment. All orders ship via UPS or USPS whichever is more economical. Unless otherwise stated, all packages sent via UPS will require a signature. If you prefer UPS to just leave a package with no signature requirement, please contact us. For international shipments, IC Toys will declare the FULL value of each package on customs forms, without exception, along with factual descriptions of enclosed material and the appropriate corresponding correct HST codes. Bidders are responsible for all taxes, import, customs and duty fees. It is the bidder's responsibility to make sure their mailing and shipping address is updated prior to the close of the auction.
We ship in the order paid—first in, first out. Thus, we begin charging orders as instructed by customers immediately following the close of the auction and continue to fill orders as they are paid. Please make sure your shipping address is updated prior to the close of the auction. Doing so after the close of the auction may result in a package not being delivered to the correct address. It is the bidder's responsibility to make sure their mailing and shipping address is updated. Without exception, all special requests for “Rush Delivery” will incur a charge of $30.00 plus any additional shipping fee associated with the expedited shipment. Overall, our goal is to ship all orders within 15 business days of payment. Allow four weeks from the day you send payment before calling to check on the status of your order.
6. We do not collect Tax on items purchased outside of Tennessee as IC Toys only has a nexus in Tennessee Items purchased by Tennessee residents must pay state sales tax (9.75%) or provide re-sale number. Out of state bidders picking up items at our office are subject to 9.75% TN state sales tax, unless a copy of your re-sale number is provided.
7. Offers to “top all other bids” are not accepted, but we can execute a bid on your behalf or inform you if your bid has been raised. By placing an "Auto Bid" you are IC TOYS NASHVILLE to bid competitively on your behalf, up to but not over your specified limit. "Auto Bids" must be calculated in 10% increments and do not include the 20% buyer's premium. Your confidential "Auto Bid" will be implemented incrementally, only, if necessary, to the dollar amount authorized and no further. IC Toys specifically disclaims any responsibility or liability whatsoever for failing to execute a written bid, telephone bid, internet bid or call-back request on any bidder’s behalf. However, in the event of an error regarding a call-back bid, IC Toys may at its sole discretion re-open the bidding on an auction item.
8. IC Toys Auctions reserves the right to accept or reject any or all bids by any bidder and the right to limit the number of high bid inquiries via telephone.
9. Bidders who have not previously purchased from IC Toys must accompany opening bids with a valid Master Card, VISA Card, Discover Card or American Express number and expiration date. Such a bidder authorizes IC Toys to charge auction purchases and shipping costs to that credit card. If IC Toys is denied authorization by the card issuer, the bidder agrees to remit payment in full within two weeks of notification that the credit card authorization was declined. A deposit may be required of new bidders at IC Toys discretion. If payment is not received within two weeks of notification the bidder is liable for the costs and legal fees IC Toys incurs in the collection of the debt.
10. Closing days telephone bidding begins at 9:30 AM CST on the published closing date. Bids are updated in real time. Multiple phone lines are available for calls. Read the Auction Closing Procedure. Questions about items must be addressed prior to published closing days.
11. No retraction of bids is permitted for any reason. Once a bid has been placed, it may not be retracted.
12. Bidding sales are not approval sales. Winning bids must be honored by bidders. We cannot assume any responsibility for errors made in the amount bid or placing bids on incorrect lot numbers. Errors in descriptions or our inability to fill an order are the only causes for a refund. Requests for adjustments must be made within three days of receipt of the items and accompanied by a letter of explanation. Late remittance for purchases, however, is cause to negate this privilege. No returns will be permitted for any reason after settlement is made with our consignors.
13. If an item is damaged in transit or missing from your order, DO NOT DISCARD ANY PACKING MATERIALS. CALL US IMMEDIATELY AT 615-994-0099 M/F 9:00 AM - 5:00 PM Central. See Loss Or Damage section below.
14. All material is genuine and no reproductions are offered in the catalogue.
15. Electrically operated items are sold for their collectible value only. Actual use of such items is at the purchaser’s risk. Mechanical items such as toys, watches, etc. are sold as is. Upon receipt of items, IC Toys is not responsible for items that are not operable even if described as working in the auction listing.
16. Some items are sold under IC Toys grading standards. Grading is subjective and opinions among experts often differ. IC Toys makes no guarantee and offers no refund for items later evaluated by any outside source or third-party grading service with a differing opinion.
17. IC Toys utilizes third party grading in multiple category areas of the auction. Those lots are subject to each respective company's grading terms/rules/regulations and as such allows for defects to reflect the assigned grade in accordance with each respective company's grading scale. Lots that are graded by a third party grading company are sold "as is". IC Toys is not liable for any patent or latent defect or controversy that arises from an encapsulated lot in our auctions. The bidder may have some recourse through the third party grading company that certified the grade of said lot and is directed to contact them to resolve those issues. Third party grading encapsulation holders occasionally incur damage (chipping, cracking, loose rails) during shipping, despite IC Toys best efforts to ensure your lots arrive safely. If a case is damaged in transit, IC Toys will attempt to facilitate having the lot re-cased on the winning bidder's behalf, but returns will not be accepted due to holder damage that does not affect the grade or condition of the item itself.
17a. All third party grading population/census information stated in an auction listing is done at the time of cataloging that specific lot. There can be a month or more between that time and the end of the auction. Therefore, if this information is paramount to your bidding, we strongly suggest you review that specific report to verify up-to-the-minute status. Also, please note that the information we give is for that exact variant/variety, there are at times many subtle differences (i.e. card backs, offers, COO, etc.) and this must be taken into account. It should also be noted that changing classifications and/or new discoveries by third party graders can, and sometimes do, affect population/census reports. Bidders are ultimately responsible for confirming the most up-to-date information available.
18. IC Toys is not responsible for shipping damage to picture frames (including glass) of any kind. By request, we will remove the item from the frame and dispose of frame prior to shipping.
19. IC Toys reserves the right to cancel the auction or re-schedule the closing dates without recourse from any bidder or prospective bidder.
20. Should IC Toys be prevented by fire, theft or any reason from delivering any property to the buyer, any liability of IC Toys shall be limited to the amount actually paid for the property by that buyer.
21. All sales are final and for cash. Full payment is due 7 days after the closing date of the auction. We accept major credit cards, checks, money orders and payment by wire transfer and PayPal as a method of payment. Personal checks from first time customers may require two weeks to clear the bank. Payment by certified check or money order will avoid this delay. Payment must be received within 7 days to take advantage of buyer's premium discount. Discount is only available if payment is received within 7 days from the date of the auction. Returned checks are subject to a $25.00 service charge (per transaction). IC Toys Mailing address is P.O. Box 148063 Nashville TN 37214.
22. All bids are contractual obligations and all bidders are obligated to honor their bids. Invoices not paid when due will be subject to a late payment fee of 3% per month on outstanding balances. Bidders will also be liable for all court and attorney's fees should it become necessary for IC Toys to refer their account to a collection agency or attorney.
23. All legal disputes arising as a result of or with respect to these Terms of Sale shall be governed and settled by the laws of the State of Tennessee,, and Bidder agrees that the jurisdiction and venue shall rest exclusively within the courts of the County IC Toys resides.
24. Employees of IC Toys and its affiliates may participate in the auction but may not bid on personally consigned lots.
25. Consignors may not bid on items they have consigned or do so by proxy or agents.
26. Bid Status Notification, when a bidder is outbid by telephone or Internet bid, an email will be sent notifying that bidder that they have been topped. Notification as such is intended to provide bidders in the timeliest manner possible with information regarding their bids' changed status. This outbid notice is simply offered as an additional service and should not be relied upon when determining whether you remain the high bidder on any lot.
27. Auction results can be obtained by using one of the various "Search" or "View" features on our auction web site. Winning bidders and sellers will be notified of the results of an auction via email immediately after the auction closes. Invoices are usually mailed within 72 hours after the close of an auction.
CONDITION DEFINITIONS
We devote much time to providing detailed descriptions of the items so that you may bid in confidence. Here are most of the condition terms we use and their definitions. If you need more information or clarification about an item, please call before the auction closing day.
FLAWLESS Flawless condition.
NEAR MINT (NM) Just the slightest detectable wear.
EXCELLENT (EXC.) Minor visible wear.
VERY FINE (VF) Well cared for with only moderate visible wear and/or aging.
FINE An item in nice condition with some general wear but no serious defects.
VERY GOOD (VG) Noticeable wear and aging, with moderate defects present.
GOOD Obvious overall wear and/or defects.
FAIR Obvious damage and wear.
POOR Extensive damage and wear.
QUOTE MARKS ("...") In a description indicate words that actually appear on the item.
OPENING BIDS AND ESTIMATED VALUE CODE
Every item is assigned an "Opening" bid. If you bid this amount, the item will be sold to you unless another bidder raises your bid. Every item is also a assigned a price range letter code.
C6- $25.00-$100.000 B3- $35,000.00 to $50,000.00
C5- $100.00 to $200.00 B2- $50,000.00 to $75,000.00
C4- $200.00 to $400.00 B1- $75,000.00 to $100,000.00
C3- $400.00 to $700.00 A7- $100,000.00 to $200,000.00
C4- $700.00 to $1,000.00 A6- $200,000.00 to $350,000.00
C3- $1,000.00 to $2,000.00 A5- $350,000.00 to $500,000.00
C2- $2,000.00 to $5,000.00 A4- $500,000.00 to $750,000.00
C1- $5,000 to $10,000.00 A3- $750,000.00 to $1,000,000.00
B5- $10,000.00 to $20.000.00 A2- $1,000,000.00 to $1,500,000.00
B4- $20,000.00 to $35,000.00 A1- $1,500,000.00 and up
LOSS OR DAMAGE
Contact IC Toys immediately by phone or email.
DAMAGE: Contact IC Toys immediately upon receipt of delivery to shipping address on your auction invoice. IC Toys is not responsible for damage to package/items if a freight forwarder is used by a bidder subsequent to package being delivered to address on auction invoice. Keep all packaging (shipping box, packaging materials) as well as the damaged item itself. IC Toys will then contact the carrier (UPS.USPS) to start the claim process.
LOSS: If a package is lost IC Toys will contact the Postal Service or UPS and request a package tracer. The purpose of the tracer is to provide proof of delivery or if unable to prove delivery, request a claim for loss.
Reimbursement for loss or damage will not occur until the claim process has been concluded which could take up to 6 weeks.
LAY-AWAY TERMS
Lay-away terms are available on invoices of $1,000.00 or more. Send one third of the total amount by two weeks after the close of the auction. Please contact us prior to the first closing day of the auction should you choose to exercise this option. The remaining balance is due within the next 30 days. The deposit is not refundable for any reason and no exchanges can be made. Items will be shipped when paid in full. The buyer's premium discount is not applicable for invoices utilizing the lay-away option. An interest charge of 3% per month will be applied to lay-away balances that exceed the lay-away due date by 30 days or more. If there is a balance still due beyond 75 days of the original payment due date, the deposit is forfeited and the items returned to our inventory.
INVOICES
Invoices are emailed (if you have a valid email address on file) or mailed (if no email address on file) to all bidders no later than the Monday following the closing date. Information about winning bids cannot be provided by telephone until that same following Monday.
PRICES REALIZED
Prices realized for the current and past auctions are available on our Past Auctions page of our website.
Placing a bid constitutes acceptance of the above terms. LAWS These Terms of Service shall be governed by and construed in accordance with the laws of the state of ILLINOIS. All Registered Users of the IC TOYS NASHVILLE website, as well as bidders or consignors to any auction agree to submit to the exclusive jurisdiction of Palm Beach, Tennessee. It is further agreed that the State Courts of ILLINOIS are the exclusive place of jurisdiction. If any provision(s) of these Terms of Service is held by a court of competent jurisdiction to be contrary to law, then such provision(s) shall be construed, as nearly as possible, to reflect the intentions of the parties with the other provisions remaining in full force and effect. If that cannot reasonably be done, such provision shall be severable, and may be stricken without change to the remainder of this agreement. This Auction Site's failure to exercise or enforce any rights or provisions of these Terms of Service shall not constitute a waiver of such right or provision unless acknowledged and agreed to by this Auction Site in writing. The User and this Auction Site agree that any cause of action arising out of or related to this Service must commence within one (1) year after the cause of action arose; otherwise, such cause of action is permanently barred. The section titles in these Terms of Service are provided for reference purposes only and have no legal or contractual significance.
DESCRIPTION OF SERVICE
IC TOYS NASHVILLE provides its users with an Internet auction service for the purpose of buying and selling personal property. Users agree to provide certain current, complete, and accurate information about themselves and to maintain and update this information as required to keep it current, complete, and accurate. All information requested on original sign up shall be referred to as registration data ("Registration Data"). Furthermore, user grants this Auction Site the right to disclose to third parties certain Registration Data about User and Service membership in the aggregate; however, such disclosures will exclude user's name, mailing address, email address, account and phone number, unless: (1) User expressly directs this Auction Site to disclose such information, or (2) this Auction Site is required to disclose such information by any applicable law or legal process served on this Auction Site.
MODIFICATIONS TO TERMS OF SERVICE
This Auction Site may change these Terms of Service from time to time. A User’s continued use of the Service constitutes both: (1) their acknowledgment of these Terms of Service and any modifications; and (2) User's agreement to abide and be bound by these Terms of Service and modifications.
MODIFICATIONS TO SERVICE
This Auction Site reserves the right to modify or discontinue the Service with or without notice to the user. This Auction Site shall not be liable to users, or any third party should this Auction Site exercise its right to modify or discontinue the Service.
TERMINATION
Should the user object to any of these Terms of Service or any subsequent modifications thereto or become dissatisfied with the Service in any way, user's only recourse is to: (1) discontinue use of the Service; (2) terminate Service membership; and (3) notify this Auction Site of termination.
USER ELIGIBILITY
Our services are available exclusively to individuals able to form legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to minors.
Furthermore, this Auction Site reserves the right to refuse service to anyone for any reason whatsoever.
REGISTRATION & ACCOUNT SECURITY
Users agree to provide true and accurate information about themselves in the registration form. If any information provided by the user is incomplete or inaccurate, this Auction Site retains the right to terminate the user's membership and rights to use the Service. As part of their registration, users will receive a User ID and Password. Users are encouraged to keep their User ID and Passwords private because the foregoing data is the only information needed for purchasing power. Users are responsible for the confidentiality of their User ID and Password as well as for all activities that occur under their user ID and password-protected account. User agrees to immediately notify this Auction Site of any unauthorized use of their User ID or Password, or any other breach of security known to the user.
USER CONDUCT
User is solely responsible for the contents of his or her transmissions through the Service. Use of the Service is subject to all applicable local, state, national and international laws and regulations. Attempts to gain unauthorized access to other computer systems are prohibited. This Auction Site may, at its sole discretion, immediately terminate Service should the user's conduct fail to conform to these Terms of Service and User Agreement.
OTHER LIMITATIONS
This Auction Site retains the right, at our sole discretion, to determine whether a user's conduct is consistent with the letter and spirit of this Agreement. This Auction Site reserves the right to terminate service if a user's conduct is found to be inconsistent with these Terms of Service and User Agreement.
BIDDING AND BUYING
IC TOYS NASHVILLE has the right to establish general practices and limits concerning users' bidding privileges and procedures. A user who has entered the highest accepted bid at the end of an auction is obligated to complete the transaction. Once entered, bids are NOT retractable. This Auction Site and its host are not responsible for bids not being processed or not being accepted due to technical difficulties. Moreover, bid manipulation of any kind is expressly forbidden. A seller is prohibited from placing bids or arranging to have bids placed on behalf of seller, seller's agent or assigns. No shill bidding is allowed.
Buyers are prohibited from communicating with each other with the purpose of manipulating the final purchase price of an item. Please note that it is a violation of law to make bids in a false name or with an invalid payment method, even if our software initially accepts such a bid. Be aware that even if you do not give us your real name, your web browser transmits a unique Internet address to us, which can be used by law enforcement officials to identify you. Do not test our auctions with false bids. This puts you at substantial personal legal risk. Fraudulent bidders will be prosecuted to the fullest extent of the law. Currently, both the FBI and the US Secret Service are responsible for investigating all Internet fraud cases.
SERVICE INTERRUPTION
IC TOYS NASHVILLE and its host are not responsible for the interruption of service for any reason. In this regard, IC TOYS NASHVILLE and its host are not responsible for lost bids – to either the bidder or the consignor/seller. User hereby agrees that lost bids, lost information, service failure and the like are not the responsibility of IC TOYS NASHVILLE Until such time that IC TOYS NASHVILLE receives verified payment funds for an item, IC TOYS NASHVILLE is not responsible or liable for the completion of any transaction for any reason. Additionally, IC TOYS NASHVILLE may choose to cancel any lot or the entire auction for any reason or no reason at all.
FREQUENTLY ASKED QUESTIONS
My bid was higher than the current high bid- why and I not the high bidder? You have exposed another bidder's confidential maximum bid and must top it by the full 10%* bidding increment to become the high bidder.
How will I know if I am outbid on an item? IC Toys sends an email anytime you are outbid on an item. You may also request a telephone call back on the closing day of the auction. See "Telephone Call Backs" section on the Auction Closing Procedure of the website.
Why didn't I receive an outbid notice by email? Please make sure to check your Junk email folder. If it does not appear there, please contact us.
I won an item(s)- what happens next? After the final closing day of an auction, winning bid notices will be sent via email. Once shipping costs have been calculated, all bidders with valid email addresses will receive an email with their invoice, including shipping, attached to the email. If you have no email address on file with us, a hard copy of the invoice will be mailed to you.
If you have a Preferred Credit Card on file with IC Toys we will automatically use that card for payment. If you wish to not use your Preferred Credit Card, please contact us prior to the closing days. We also accept check, money order or payment by wire transfer. You can also pay for your invoice via credit card, by clicking on the link provided in the invoice email.
Once your item(s) are packed and ready to be shipped, an email will be sent to you confirming this and a tracking number will be included.
How do I stay current with IC Toys? Sign up through the Get Email Alerts link at the top of every page of our website and we'll make sure you receive updates via email. Find us on social media as @ic4LifeCharity on Facebook, Twitter and Instagram.
How do I consign to an IC Toys Auction? Send photos and descriptions of your items to info@ictoysnashville.com See additional information on the How to Consign section of the website. If you have items that were consigned to the auction, when settling up your account, you agree that balances due can be offset by items purchased in the auction.