CONDITIONS OF SALE
TELEPHONE BIDDING is undertaken in good faith, but is entirely at the bidders own
risk. Neither the auctioneer nor his staff accept any legal or other responsibility for
human or mechanical error which may occur on their parts.
RESERVE PRICES may be agreed between auction and vendor. Alternatively, the vendor
or his agent may bid - but the vendor may not also bid if it has been agreed that the
auctioneer will be effecting reserves.
The auctioneer will regulate the bidding and may refuse any bid.
All lots to be at the buyers risk from the fall of the hammer.
No lots to be removed during the auction.
All lots purchased by one person will be taken as being in one contract.
Any damage caused to goods or property by a bidder or other third party to be made
good by that party.
Card payments are only accepted for payments in amounts beneath £1,000.
BACS is required for higher amounts
Buyers previously unknown to us wishing to pay by cheque in amounts exceeding £100
will be required to wait for clearance through the banks prior to collecting their goods.
A storage or handling charge may be incurred by the purchaser who is unable to collect
their purchases immediately after the sale – this to apply also should the delay be due to
clearance of credit.
BUYERS PREMIUM- 17.5% plus VAT added to hammer price. (Total 21% inclusive
of VAT).
VENDORS COMMISSION – 15% plus VAT deducted from hammer price (Total
18% inclusive of VAT).
UNSOLD CHARGES – 5% plus VAT applied at the auctioneer’s discretion, for instance
in cases where the agreed reserve has not been adhered to by the vendor.
Buyers using the live internet bidding service will be charged an extra 3% premium
(plus VAT).
TREATMENT OF GEMS
It has become common commercial practice to treat diamonds and coloured precious
gems in order to improve their colours. As long as the effects achieved are permanent,
such treatments are considered entirely legitimate. In view of this, unless stated to the
contrary, buyers at this auction should assume such treatments may possibly have been
used.
