Nishikigoi Alliance

1. Eligibility to Bid

* Only registered and verified users are allowed to participate in bidding.

* By placing a bid, you agree to comply with all auction rules and terms of use.

2. Bid Increments

* All bids must follow the minimum increment structure:

* ¥10,000 increments for bids up to ¥1,000,000

* ¥100,000 increments for bids between ¥1,000,000 and ¥10,000,000

* ¥1,000,000 increments for bids above ¥10,000,000

3. Bidding Amount (Jump Bids)

* The amount you submit will be placed as your bid, even if it exceeds the required minimum increment (i.e., jump bidding is allowed).

* Please verify your bid before confirming. All bids are final.

4. Time Extension Rule (Anti-Sniping)

* If a new bid is placed within the last 5 minutes of the auction, the end time will be extended by 5 minutes.

* This extension may occur multiple times until no new bids are placed in the final 5-minute window.

5. Winning Bid and Payment

* The highest valid bid at the time of auction close will be considered the winner.

* Failure to pay may result in cancellation, account suspension, or a permanent ban from future auctions.

6. No Bid Cancellations

* Bids cannot be cancelled under any circumstances once submitted.

* Please bid responsibly.

7. Bidder Responsibility

* Bidders are responsible for:

* Ensuring they have sufficient funds

* Understanding the item details, conditions, and auction terms before placing a bid

* No refunds or cancellations will be granted due to bidder oversight.

8. Tie Bids

* In the event of two or more identical highest bids, priority will be given to the earliest bid placed.

9. Auctioneer Rights

* We reserve the right to:

* Cancel, suspend, or restart any auction due to technical errors or suspicious activity

* Reject or remove bids that violate auction rules

* Take necessary actions to ensure fair participation

1. Payments

* Customers must complete payment within 15 days after the auction concludes.

* Dealers must complete payment within 30 days after the auction concludes.

* Late payments may result in order cancellation, forfeiture of winnings, or suspension of bidding privileges.

2. Koi Guarantees

* Gender is not Guaranteed. All koi are Female as of End of May.

* Nishikigoi Alliance offers future-use credit guarantees for the following cases:

* Death – Covered if the koi dies while in care in Japan, until December 2025.

* Severe Deformation – Covered if it happens during the Azukari Period (until Judging Day).

* Significant Color Change – Covered for major color loss during the Azukari Period (until Judging Day).

Disclaimer:

* We do not cover Death on Arrival (DOA).

* All claims will be reviewed and decided by our quality control team.

3. Shipping Deadline

* All koi must be shipped no later than December 31, 2025, unless otherwise agreed.

* Shipping arrangements must be made in advance with sufficient notice to avoid delays.

* Nishikigoi Alliance's reserves the right to charge holding or care fees for koi not shipped by the deadline.

4. Dealer Commission & Shipping Fees

* Dealers will charge a commission fee for each koi won by their registered customers.

* Dealers are also responsible for collecting shipping costs from their customers.

* Shipping costs will be charged upon shipment by the dealers and are determined based on destination, size, and number of koi.

* Dealers must coordinate payments and shipping arrangements on behalf of their customers, unless otherwise agreed with Nishikigoi Alliance.

5. Ownership & Risk Transfer

* Ownership of the koi transfers to the buyer only after full payment has been received.

* All risk (e.g., illness, injury) remains with Nishikigoi Alliance until the judging day.

6. Health & Quarantine

* All koi are sold in healthy condition and have undergone standard quarantine procedures.

* Nishikigoi Alliance is not responsible for health issues arising after shipment or due to improper acclimation by the buyer.

7. Auction Integrity

* Bidders and dealers agree not to engage in bid manipulation, collusion, or any unfair bidding practices.

* Nishikigoi Alliance reserves the right to cancel any suspicious bids or accounts.

8. Changes & Amendments

* Nishikigoi Alliance reserves the right to modify these Terms & Conditions at any time.

* Updated terms will be communicated via email or published on the official auction platform.