Estate of Mark Smith Auction

Please read the Conditions of Sale for the full terms and conditions of sale. Each capitalized term used but not defined below will have the meaning assigned in the Conditions of Sale.

REGISTERING TO BID

Prospective bidders may submit a written Bidder Registration Application or Telephone and Absentee Bidder Registration Application (1) by mail, (2) by email to bidders@goodingco.com, (3) by fax to 310.526.6594, (4) on-site at a Gooding & Company (“Gooding”) auction event, or (5) through online bidder registration available at bid.goodingco.com or through Gooding’s mobile apps for iOS and Android. After submitting your application, a Gooding representative will contact you to finalize your registration.

Prospective bidders will be required to complete and execute the applicable registration application forms, provide identification (Driver’s License or Passport for individuals and corporate documentation for companies), and provide an original Bank Letter of Guarantee or other form of proof of ability to pay for purchases, in either case, in an amount and in a form acceptable to Gooding in its sole discretion (the “Guarantee”).

Prospective bidders authorize the release of financial information to Gooding for the purposes of verifying ability to pay for purchases.

Please ensure that Gooding receives your completed bidder registration form and Guarantee no later than 24 hours before the start of the Auction session in which you wish to bid.

For more information about bidding or registration please visit goodingco.com/register or email bidders@goodingco.com.

BIDDING IN THE ROOM

While prospective bidders may register to bid in the room prior to the Auction and during viewing hours, it is recommended that registration be completed prior to arriving at the Auction site.

For bidders whose registrations have been completed and accepted by Gooding, bidder paddles will be available for collection at the Registration Desk at the front of the Auction venue during viewing hours and the Auction.

Each bidder is personally responsible for any use of the paddle provided to such respective bidder for purposes of identification, and each bidder agrees that it is personally liable for the full Purchase Price (as defined in the Conditions of Sale) if the paddle is used in bidding on any lot whether by the respective bidder or by any other person.

Each bidder, Buyer, attendee or participant by entering the Auction site agrees to comply with all applicable policies and procedures Gooding may communicate from time to time, including without limitation any posted signage pertaining to safety, health or other requirements.

ADDITIONAL FEES

Buyer’s Premium
In addition to the final bid price, the Buyer is required to pay Gooding a percentage of the final bid price, the Buyer’s Premium. This Auction will have the following Buyer’s Premiums:

• For a final bid price of $250,000 and below, Gooding will receive a Buyer’s Premium of 12% of the final bid price.
• For a final bid price of above $250,000, Gooding will receive a Buyer’s Premium of 12% on the first $250,000 and 10% on the remainder of the final bid price.

Taxes
The Buyer is responsible for all applicable state and local sales and/or use taxes, duties, tariffs, and license fees on any lot purchased. If the Seller is required to collect sales tax on any lot purchased, the Seller will outline that additional tax on the invoice. If the Seller is not required to collect sales tax, the Buyer may be required to pay taxes directly to the state or local tax authority. For more information we recommend that you consult with your tax advisor.

Certificate of Title; Registration
Gooding & Company presents and conducts the Estate of Mark Smith Auction under the authority of John J. Rendemonti, Executor of the Estate of Mark J. Smith, duly appointed by the Circuit Court of the State of New Hampshire, Probate Division, Case Number 312-2022-ET-00072.

The Estate has compiled available title and/or registration paperwork for the Vehicles offered in the Auction and will provide such paperwork to the Buyer if it is available. However, as set forth more fully in the Conditions of Sale, neither the Estate nor Gooding makes any representation or warranty with respect to any existing certificate of title or registration with regard to any Lot in the Auction. Any Lot may be sold on a Bill of Sale. By participating in this Auction, all bidders and buyers recognize that Estate and Gooding have expressly disclaimed all such warranties concerning the availability or sufficiency of any title or registration documentation.

All vehicles in this Auction have been in long-term static storage and may not be currently operational. They will require mechanical attention prior to any road use.

PAYMENT

Payment of the full Purchase Price must be received by Gooding by 5:00 pm ET on Wednesday, April 12, 2023.

LOT REMOVAL AND STORAGE

The Buyer must make immediate arrangements for the collection and transport of all purchased lots. All lots must be removed from the Auction site at Buyer’s risk and expense no later than 5:00 pm ET on Wednesday, April 12, 2023. Please contact clientservices@goodingco.com for assistance in making removal arrangements.

The Buyer is solely responsible for making arrangements for the collection and transport of any purchased lot, but Gooding offers Buyers the following referrals for vehicle transportation:

Domestic Transportation
Intercity Lines, Inc.
Jim Bergeron
800.221.3936
jim@intercitylines.com

International Transportation
Cosdel International Transportation
Jenny Rixford
415.777.2000
jenny@cosdel.com

Any lot not removed by Wednesday, April 12, 2023, will be assessed a storage fee of up to $50 per day in addition to a fee for removal from the Auction site. Buyer hereby grants Gooding an irrevocable power of attorney to remove and store purchased lots at a third party or other warehouse at Buyer’s risk and expense.

NO PHOTOGRAPHY

Gooding does not permit any photography, audio, video, or other recording or broadcast of any kind inside any bidding tent without an official Gooding-issued press pass and an executed photography and video agreement, and any photography, audio, video, or other recording captured outside the bidding tent is solely for personal use and shall not be redistributed or rebroadcast in any medium, nor used for any commercial purpose.

Auction Address

Midland Motors
1222 Main Street
Lynchburg, VA 24504

Online Bidding and Webcast

Download our iOS or Android app to bid live or watch the sale from your mobile device.