Teals Auctions (“Teals”, “we”) is operated by Whitestone Capital Holdings Pty Ltd. Teals sells its own stock as principal — we are not an agent auctioning goods on behalf of third-party sellers. Every lot is owned by Teals and sold directly to you.
You must register an account and be at least 18 years old to bid. You are responsible for activity under your account. We may decline or cancel a registration at our discretion.
Every bid you place is a binding offer to buy that lot at that price. Bids cannot be retracted once placed. If you set a maximum (proxy) bid, you authorise Teals to bid on your behalf, in increments, up to that maximum.
Lots close in run order during a live session. Each lot has a countdown; a bid placed in the final 15 seconds resets the countdown, so a lot only closes once bidding genuinely stops. A bid placed before the live session remains active and can win if it is not surpassed.
Some lots carry a reserve — a minimum price below which the lot will not sell. Where a reserve applies it is shown as met or not met, and for some lots the reserve figure itself is displayed. If a lot does not reach its reserve, it is passed in and no sale occurs.
The winning bid is the price you pay for the lot. Teals charges no buyer's premium and adds no commission. All prices are in Australian dollars and are inclusive of GST. Insured shipping is added at checkout and is also GST-inclusive.
On winning a lot you will receive a link to complete payment for your winning bid plus shipping. Payment is due promptly. Title to and risk in the goods pass to you on receipt of full payment. We may cancel a sale and offer the lot again if payment is not completed.
We describe each lot, including gemological detail, as accurately as we reasonably can from the actual item. Colour reproduction varies between screens. Nothing in a listing is an appraisal, valuation, or statement of resale or investment value. Your rights under the Australian Consumer Law are not excluded, restricted or modified by these conditions.
Lots are shipped insured to the address you provide at checkout, within Australia unless otherwise stated. Delivery times are estimates.
These conditions are governed by the laws of Western Australia and the Commonwealth of Australia. Disputes are subject to the non-exclusive jurisdiction of the courts of Western Australia.