Congratulations for successfully bidding at STAIR!
Invoice:
You will receive an email at the conclusion of the sale with your invoice and next steps for payment and collection of your property. Your invoice is also available in your online account. For our bidders that bid successfully through LiveAuctioneers (LA), in addition to your STAIR invoice, you will also receive an invoice from LA at the conclusion of the sale. You can pay either STAIR or LA for your purchase. Please refer to LiveAuctioneer’s (LA) Terms and Conditions for a full understanding of what is required when you pay and ship through LA. STAIR is not responsible for, and has no control over, LA’s Terms and Conditions and encourages you to familiarize yourself with their Terms and Conditions.
Invoice Details:
Payments for all purchases are due immediately. Your STAIR invoice will include the successful hammer price of each item, buyer’s premium for each item, credit card processing fee, if applicable, and sales tax, if applicable. STAIR charges a buyer’s premium of 28% of the hammer price on each purchased lot plus any additional premium charged by the third-party online bidding platform through which you successfully bid on the lot. A credit card processing fee of 2.5% is charged on the hammer price, buyer’s premium, and any sales tax if you choose to pay with a credit card. Sales tax, if applicable, is charged on the hammer price, buyer’s premium, and any credit card processing fee.
Payment Methods:
We accept cash (up to $9,999), checks made payable in US dollars drawn from a US bank, and wire transfers for payment. Checks should be made payable to Stair Galleries and Restoration, Inc. and mailed to 549 Warren Street, Hudson, New York 12534. Should you choose to pay with a personal check, STAIR reserves the right to release your property after your check has cleared the bank. Please contact STAIR at 518.751.1000 or postsale@stairgalleries.com for bank details if you wish to pay via wire transfer or ACH. We also accept major credit cards for payments up to $40,000. We charge and collect an additional 2.5% on the hammer price, buyer’s premium, and any sales tax for payments made by credit card.
Property Pick-Ups and Shipments:
Property collected from STAIR in Hudson, NY, either by the purchaser, or any individual or company (that is not a registered shipper) that has been authorized to collect on the purchaser’s behalf, is subject to sales tax at the combined New York State and Columbia County rate of 8%. Please select ‘PickUp’ when paying your invoice. If the property is collected by a registered shipper, the shipping address on your auction invoice must match the destination on your shipper’s bill of lading. If the property is delivered to a state in which STAIR is registered, we are required to collect the appropriate sales tax in effect in the jurisdiction where the property is delivered. If the property is delivered to a state where Stair is not required to collect sales tax, it is the responsibility of the purchaser to self-assess any sales or use tax and remit it to taxing authorities in that state. Purchasers will be exempted from sales tax upon receipt of a valid NYS ST-120 (Resale Certificate). If you are tax exempt, please download a Resale Certificate, complete it, and return it to STAIR here: Secure Document Upload page.