Terms of Use

Buyer Terms of Use

Please read and accept the Terms, Conditions and Privacy Policy below.

While using the Venerable Music Auction site, you will not

Use our site or services if you are not able to form legally binding contracts, are under the age of 18, or are temporarily or indefinitely suspended from our site
Fail to deliver payment for items purchased by you in a timely manner
Manipulate the price of any item or interfere with other user's listings
Post false, inaccurate, misleading, defamatory, or libelous content (including personal information)
Take any action that may undermine the feedback or ratings systems
Distribute or post spam, chain letters, or pyramid schemes
Copy, modify, or distribute content from the site

At any point, we may limit, suspend or terminate our service and user accounts, prohibit access to our website, delay or remove hosted content, and take technical and legal steps to keep users off the site if we think that they are creating problems, possible legal liabilities, or acting inconsistently with the letter or spirit of our policies. We also reserve the right to cancel unconfirmed accounts or accounts that have been inactive for a long time

Seller Terms of Use

Please read and accept the Terms, Conditions and Privacy Policy below.

While using the Venerable Music Auction site, you will not Use our site or services if you are not able to form legally binding contracts, are under the age of 18, or are temporarily or indefinitely suspended from our site Fail to deliver items purchased from you, unless the buyer fails to meet the posted terms Manipulate the price of any item or interfere with other user's listings Circumvent or manipulate our fee structure, the billing process, or fees owed to Venerable Music Post false, inaccurate, misleading, defamatory, or libelous content (including personal information) Take any action that may undermine the feedback or ratings systems Distribute or post spam, chain letters, or pyramid schemes Copy, modify, or distribute content from the site Harvest or otherwise collect information about users, including email addresses, without their consent

At any point, we may limit, suspend or terminate our service and user accounts, prohibit access to our website, delay or remove hosted content, and take technical and legal steps to keep users off the site if we think that they are creating problems, possible legal liabilities, or acting inconsistently with the letter or spirit of our policies. We also reserve the right to cancel unconfirmed accounts or accounts that have been inactive for a long time.

Pricing

All items listed for sale on the Venerable Music site should be priced in US Dollars. All settlements are made in US Dollars though the system will allow you to approximate prices in many different currencies.

Grading

We use a standard grading system of G- to E+ for 78 rpm records. A record graded G- should basically be unplayable, but collectable because of rarity or some other special feature. A record graded E+ should basically be near a mint copy. Of course, grading in between is subjective & all we ask is that you be honest when grading. If you would like to go into further detail about what each physical grade means to you, there is space available in each auction description.

Shipping

We handle shipping rates in 2 ways. By default, the buyer will be able to request an invoice while placing an order. This action will notify the seller that an order has been placed and that he must assign a shipping value or choice of shipping values according to service. Once that value is added, the invoice is returned to the buyer for payment.

The second option is to set up a shipping tier system for records of the same format. This will allow you to set shipping prices by region or country based on an average weight of a certain number of records according to set tiers. Once the tier system is activated when an order is placed by a buyer the system will attempt to match the quantity & format to an assigned tier. If a match is found, the system will allow the buyer to complete the checkout process immediately and circumvent the added invoice process.

Insurance on Packages

Insurance is mandatory for all orders with items totaling $50 and above. Insurance rates will be collected from buyers and distributed to seller accounts according to current US Postal insurance rates. If you wish to adjust these rates according to your own postal service, the option will be available. Sellers are ultimately responsible for all lost packages or damaged items even if the company selling insurance refuses to reimburse. Venerable Music reserves the right to debit seller accounts for successful insurance claims. An insurance claim on a lost item can not be made until 60 days from the date of shipping. Venerable Music may hold the insurance claim in escrow for an additional 30 days.

Fees

At Venerable Music auctions, we understand that it is the seller paying our bills & we pledge to do everything we can to make the selling environment as safe & easy as possible. As a seller, you will be responsible for the following fees assessed for use of the site.

Final Value Fees – These fees are applied to the final price realized for any record sold on the site (as long as the purchase is fully completed). If the buyer fails to pay for items or the seller fails to ship items, then no fees are assessed.

Normal and Preferred rates
Any item sold at or under $100 is billed at 12%, preferred 10%
Any item sold between $100.01 & $250 is billed at 10%, preferred 08%
Any item sold between $250.01 & $500 is billed at 09%, preferred 07%
Any item sold above $500 is billed at 08%, preferred 06%

Preferred Status is granted for any seller with completed orders over $1000 in volume over the previous 30 days.

Other charges – 03% charge on all insurance, tax, shipping, and handling fees.
015% charge on total invoice if the buyer’s billing address is located outside of the US
$.89 charge applied for the processing of an individual invoice

Store Item Listing Fee – Any item listed or sent to store gets a 1-time charge of $.15

Money Back Guarantee

Our attempt at Venerable Music auctions is to provide a better buying & selling environment for actual collectors & dealers of vintage records, music and memorabilia. We are looking for sellers that have solid, basic skills in grading and packing and willing to stand behind these skills. In doing so, we ask that you agree to stand behind your grading and customer satisfaction with a money back guarantee - including original postage paid.