Name | 2016 Solomon Farm Online Auction |
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Auctioneer | Solomon Farm |
Type | Online-Only Auction |
Date(s) | 11/19/2016 - 12/11/2016 |
9 a.m. CST Saturday Nov 19th - 7 p.m. CST Sunday Dec 11th | |
Preview Date/Time | Nov 17 - 18, 2016 |
Checkout Date/Time | Dec 12th - 20th, 2016 |
Location | 24526 Johnny Daum Pl. Okaton, SD 57562 |
Buyer Premium | A 0% Buyer's Premium will be applied |
Description |
Welcome to the 5th Annual Solomon Farm Online Auction with BUY IT NOW bids accepted. Please email info@solomonfarm.com or call Ann at 605-685-3089 with any questions about the horses on offer or to request further information/arrange a visit. BUY IT NOW will only apply if you call or email with an offer before the horse reaches it's reserve through online bidding. Once the reserve is met the horse must sell to the highest bidder online.
Opening bids are set at $0. Each horse has a reserve price which is the minimum amount that horse will sell for. If bidding reaches that horse's reserve, then the horse will be sold to the highest bidder. Interested buyers can also call or email to Make an Offer. If the horse does NOT have a bid reaching its reserve, and the offer is accepted, then that horse may be sold before the closing date of the auction. Once a horse has a bid which reaches its reserve, offers will not be accepted and the horse will remain in the auction until the closing date and time. The horses are listed with a Category for their Reserve Price:
Reserve Category A (up to $4,500)
Reserve Category B ($4,501 - $7,000)
Reserve Category C ($7,001 - $10,000)
Reserve Category D ($10,001 - $15,000)
Reserve Category E ($15,001 and above)
The auction will begin closing for bidding on Sunday December 11th at 7 pm CST. Each lot will close, one after the other, in order of lot number, in 90-second intervals, beginning at 7 pm CST. This means that Lot #1 will close at 7 pm, Lot #2 at 7:01 and 30 seconds, Lot #3 at 7:03, etc. etc. Each lot is set to finish with a Soft Close - which means that if a bid is placed on a horse in the last 2 minutes of the auction, the time on that lot will extend by another 2 minutes. This is to discourage automated sniper programs, which swoop in with a bid in the last seconds of an auction, faster than human reaction time.
Most Horses entered in this auction have Pre-Sale vet exams available, as well as photos of legs and feet. Please call or email for a copy of these results, or to set up a visit or further examinations. On Bidding - you may either click on the next bid amount, or you can highlight over the amount and enter the amount you are willing to pay for the horse. The auction software will bid for you, just enough to secure you as the highest bidder if possible, like on Ebay. This is called a Proxy Bid.
Bidding will open at 9 a.m. CST on Saturday November 19th, and lots will begin closing at 7 p.m. CST Sunday the 11h of December. All winning bidders will receive an invoice by email with payment instructions.
Please feel feel to call Ann at 605-685-3089 or email info@solomonfarm.com with any questions about the horses or the auction process. You can visit our website for more information on our farm, stallions, training and breeding programs, as well as to see alumni from former auctions. www.solomonfarm.com Happy Bidding!
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Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 250.00 USD |
Currency | USD |
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Buyer Premium | A 0% Buyer's Premium will be applied |
Payment Terms |
The Credit Card entered for Bidder Registration will NOT be used to pay for your purchase - this is for Identity Verification purposes only.
Wire Transfer, Certified Check, Money Order, Credit Card, Paypal
All horses listed will sell to the highest bidder once the Reserve has been met. By bidding on a horse you are entering into an agreement with Solomon Farm to purchase the horse for that amount, if the Reserve has been met. You will be notified by email when you are the high bidder, or if you have been outbid. Bidder Registration includes Credit Card Verification to confirm identity - but payment may be made with Wire Transfer, PayPal, Money Order/Certified Check, or Credit Card. Fees will apply to all payments made by credit card or paypal. All winning bidders please contact Solomon Farm for payment instructions. Payment is due within 6 business days of close of auction.
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