Terms and Conditions
In these conditions Gormleys Auctions, who act as auctioneers and agents for the vendor are called "the auctioneers" (which expression shall be deemed to include their servants and agents) and the representative of Gormleys conducting the auction is called "The Auctioneer":
• While reasonable care is taken to ensure the accuracy of descriptions of lots offered for sale, such descriptions, whether in advertisements, brochures, catalogues, write-ups, literature or any other form of audio or visual communication published or produced by or on behalf of the auctioneer are not, and shall not be taken to be, statements of fact or representations in relation to any such lot. They are statements of the opinion of the auctioneer. Furthermore comments and opinions which may be found in or on lots in labels, notes, catalogues prices, lists or that are expressed by any other means shall not constitute part of the description of the lot unless expressly stated by the auctioneers.
• Each lot is offered for sale and the highest bidder for each lot upon the fall of the hammer shall be the buyer. If any dispute should arise as to who is the highest bidder, the auctioneer shall have absolute discretion to determine the dispute and may put up again and the lot re-sold in respect of which the dispute arises. Each lot knocked down to a buyer at the auction shall be and remain at the buyer's risk.
• The auctioneer acts as an agent only in the sale of any lot and therefore shall not be liable for any default of the buyer or vendor. The conduct of the auction shall be at the sole discretion of the Auctioneer who may also bid on behalf of the vendor or any of the Auctioneer's clients but without any liability for errors of commissions in executing such arrangements or instructions.
• Each lot shall be at the buyers risk from the fall of the hammer and shall be paid for in full and taken away at their expense.
• If any buyer fails to pay in full for any lot within 7 days, such lot may at any time thereafter at the auctioneer's discretion, be put up for sale by auction again or sold privately.
• All lots are made available for inspection for a reasonable period prior to the auction. A buyer who makes a bid for any lot thereby acknowledges that he has satisfied himself as to the physical condition, state of repair or restoration, age and catalogue description of such lot and also that he accepts these conditions of sale
• The buyer shall pay the auctioneer a commission of 25% of the hammer price inclusive of VAT payable only on the commission at the prevailing rate.
SPECIAL CONDITIONS
The buyer authorises the auctioneer to use photographs, drawings or illustrations of any lot purchased by the buyer and without disclosing the buyer’s name, to indicate the price paid for the lot.
Buyer's Premium
The buyer shall pay the auctioneer a commission of 25% of the hammer price inclusive of VAT payable only on the commission at the prevailing rate.
Bidding Increments
0 - 200 in 10s
200 - 500 in 20s
500 - 1,300 in 50s
1,300 – 3,000 in 100s
3,000 – 6,000 in 200s
6,000 – 12,000 in 500s
12,000 – 30,000 in 1,000s
30,000 – 60,000 in 2,000s
60,000 – 120,000 in 5,000s
over 120,000 in 10,000s
Payment
All purchases must be paid for within 2 calendar days of the sale. Goods will only be released upon clearance through the bank of all monies due. We accept all major credit or debit cards, cash, cheque or bank transfer.
Collection
Collection of purchases is at the responsibility of the buyer. Collection is at St Martins within 3 calendar days of sale unless otherwise arranged, however goods remain at the buyers risk from the fall of the hammer.
Regardless of collection all items must be paid in full within 2 calendar days.
