General Conditions of Sale
1. The Buyer. The maker of the highest bid accepted by
the Auctioneer conducting the sale shall be the buyer at the hammer
price. If any dispute arises, the auctioneer shall have absolute
discretion to settle the matter. The auctioneer reserves the right
to refuse any bid. The Auctioneer shall have absolute discretion
to withdraw, alter or combine with any other Lot all Lots offered
for sale, to refuse any bid, to regulate the bidding, re-offer
an item or cancel the sale without in any case giving any reason
or without previous notice. The Auctioneer shall act reasonably
in exercising this discretion. The Auctioneer's right to bid on
the vendor's behalf is expressly reserved up to the amount of
any reserve imposed by the vendor. The bidder in the room who
is successful in purchasing any lot or lots is entirely responsible
for paying for such lot or lots in accordance with our general
conditions of sale. Purchases made on behalf of a third party
are entirely the responsibility of the bidder in the room. The
auctioneer reserves the right to bid on behalf of the vendors
for any lot and to withdraw, consolidate or divide any lot or
lots. Bidding increments shall be at the Auctioneer's sole discretion.
By making a bid, prospective purchasers acknowledge acceptance
of these Conditions.
2. Registration. To assist the progress of sale, all prospective
buyers must register their name and address, contact telephone
number at reception and collect a bidding number before the sale
commences. Should there be any doubts as to price or buyer, please
draw the auctioneer's attention to it immediately. We reserve
the the right at our discretion, to refuse admission to our premises
or attendance at our auctions by any person.
3. Buyer's Commission A buyer's commission is a percentage
of the hammer price plus VAT @ standard rate (under Auctioneer's
Margin scheme) on the commission is payable on each lot. See auction
catalogue for details.
4. Auctioneers Margin Scheme. The Auctioneers Margin Scheme
allows Auctioneer's to sell items without VAT on the hammer price.
Under the margin scheme an amount equivalent to VAT at the current
rate is added to the buyer's commission. In accordance with regulations,
this amount cannot be refunded and the VAT element will not be
shown separately on the buyer's invoice.
5. Payment. All payments must be made at the conclusion
of the sale by cash, or by cheque supported by a valid guarantee
card or bankers reference. Third party cheques will not be accepted
in payment. All purchases must be paid in full before any lot
is removed from the premises. Debit card & credit card payments
are also accepted where technology permits it, debit card payments
are free of charge but credit card payments may carry a surcharge
of 3% levied by the credit card company and shall be borne by
the purchaser in addition to the Auctioneer's charges. No goods
will be released to buyers unknown to the Auctioneer without adequate
reference or before their cheques have cleared. Anyone who, for
whatever reason, is unable to pay for their goods on the day of
the sale, must inform the Auctioneer as to the date and methods
that payment will be made
6. Collection of Lots. The buyer is required to remove
their lots from the Auction rooms within 14 days, otherwise storage
fees will apply.
7. Attribution and Condition of Lots. Every effort is made
to ensure the accuracy of any statement as to authorship, attribution,
origin, date, age, provenance and condition of any lot whether
or not such statement forms part of the description of any such
lot. Whether any such statement is made orally or in the catalogue
it is an expression of opinion and the Auctioneer accepts no responsibility
for any inaccuracies. Each buyer by making a bid for a lot acknowledges
that he has satisfied himself fully as to the attribution and
condition of the lot. If any damage is done to any lot at the
viewing or before, during or after the sale, such damage shall
be made good by the person committing such damage, principals
being responsible for the acts of their servants, such damage
to be assessed by the Auctioneer. The absence of reference to
the condition of a Lot does not imply that it is in good order
or free from imperfection. All Lots are sold as seen.
8. Ownership of Purchases. The ownership of the lot(s)
purchased will not pass to the buyer until the buyer has paid
the Auctioneer in full the total amount due or upon the clearance
of any cheque used for payment and the Auctioneer have applied
such payment to the lot. Lots shall be held to be at the buyer's
risk from the fall of the hammer.
9. Transfer of Risk. Each lot shall be the purchaser's
sole risk from the fall of the hammer and shall be sold with all
faults and imperfections, the auctioneer not being responsible
for the correct description, genuineness or authenticity of any
lot and making no warranty whatsoever. The purchaser is deemed
to have inspected the lots and satisfied himself as to their condition.
10. Commission Bids & Internet Bids. If instructed,
the Auctioneer will execute bids and advise prospective purchasers.
This service is free. Lots will always be purchased as cheaply
as is allowed by such other bids and reserves as are on the auctioneer's
books. In the event of identical bids, the earliest will take
precedence. There must always be a maximum limit indicated, i.e.
the amount to which you would bid if you were attending the auction
yourself. Commission bids placed by telephone are accepted at
the client's risk. All commission bids must reach the auctioneer
within one hour of the close of the view day. Where two or more
Commission bids at the same level are recorded we reserve the
right in our absolute discretion to prefer the first bid so made.
While we make every effort to execute bids on your behalf neither
the Auctioneer nor our employees shall be responsible for any
failure to do so.
11. Telephone Bids. Requests for telephone bidding must
be registered with the Auctioneer within one hour of the close
of the view day. It may not be possible to accept requests on
sale days. Telephone bids will only be accepted on Lots received
before the commencement of the sale. Whilst every effort will
be made to execute telephone bidding, the Auctioneer cannot be
held responsible for any default or neglect in connection with
12. Pre Sale Estimates. Given by the Auctioneer or a member
of staff are their opinion as to what they consider any particular
lot is likely to realise. However any lot may sell at a figure
less than the lower estimate and for more than the higher estimated
13. Third Party Liability. Every person on the Auctioneer'
premises before, during or after a sale or at any other time,
shall be deemed to be there at their own risk and shall have no
claim against the auctioneer in respect of any injury they may
sustain or any accident which may occur.
14. Notices. Any notices that may be displayed from time
to time by the Auctioneer in the sale ground or salerooms shall
be deemed to form part of and be included within the general conditions