Accessibility Statement Rock Island Auction Company
Rock Island Auction Company is committed to providing a website that is accessible to the widest possible audience in accordance with the standards and guidelines of the Americans with Disability Act (“ADA”). Although there have been no guidelines promulgated by the federal government regarding what constitutes a compliant website under the ADA Rock Island Auction Company is actively working to increase accessibility and usability of its website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, or to report a physical or website barrier:
- Contact us by phone at 309-797-1500
- Email us at [email protected]
- We will be happy to provide assistance or we will provide you with any information regarding our products and services.
In addition to following the guidelines of the ADA we have provided more features to make our catalog detail page usable with keyboard shortcuts as follows.
F Key = Enters/exits full screen view for item images.
Left Arrow Key = Moves to the previous lot, or moves to the previous image if full screen is enabled.
Right Arrow Key = Moves to the next lot, or moves to the next image if full screen is enabled.
What is the buyer's premium (B.P.)?
Almost every firearms auction has a buyer's premium that is charged to winning bidders. A Buyer's Premium is the amount added to the winning bid amount (hammer price). The B.P. is used by the Auction Company promote the auction and to help defray the auction expense costs. The B.P. at RIAC is 18.5%. It is reduced to 15% if you pay by cash, check or wire transfer. For example, if the Winning Bid Amount is $1,000 and you pay by check, the Buyer's Premium would be $150 (15% of $1,000). The Total Purchase Price is then calculated as the Winning Bid Amount + the Buyers Premium, or $1,000 + $150 = Total Purchase Price of $1,150, plus any shipping or taxes.
