The vendor indemnifies the Auctioneers against any claim relating to goods sold on his/her behalf.Ģ5. A withdrawal fee of 10% (+VAT) of the lower estimate (or reserve price, if there is one) shall be payable to the Auctioneers for any lot withdrawn after it has been catalogued but before the sale.Ģ4. In the event of a lot failing to reach its reserve, the Auctioneers shall be entitled to a commission of 5% (+VAT) of the reserve price, unless alternative charges have been previously agreed.Ģ3. Any reserve figure placed upon a lot shall be confidential between the vendor and the Auctioneers. All lots will be sold at the Auctioneer’s discretion unless written instructions to the contrary are received. This includes images posted to the Auctioneer's website or used for other promotional purposes.Ģ2. The vendor accepts, without further consultation, that a charge of up to £50 (+VAT) per illustrated lot may be made towards the recovery of photographic expenses. The Auctioneers shall have the right to photograph and illustrate any lot consigned for sale and to use such photographs or digital images at their discretion. He/she also accepts the Auctioneers’ right to retain any premium paid by the purchaser.Ģ1. The vendor authorises the Auctioneers to deduct commission and any other proper expenses from the hammer price. The Auctioneers shall not be responsible for accidental damage or loss unless directly caused by the negligence of their staff.Ģ0. The minimum charge will be £1.00 (+VAT) per lot.ġ9. The premium for insurance cover shall be £1.00 (+VAT) per £100. The value of the cover shall be the gross selling price of the goods or, in the case of unsold lots withdrawn before sale, the auction value as estimated by the Auctioneers. All goods will be insured by the Auctioneers whilst in their custody or on their premises unless written evidence of alternative cover is received. Goods delivered to the Auctioneers shall be deemed to be for sale by auction unless contrary instructions are given in writing at the time or in advance.ġ8. By making a bid, prospective purchasers acknowledge acceptance of these Conditions.ġ7. Third party cheques will not be accepted in payment.ġ6. Interest calculated at 2% above the Base rate prevailing at Barclays Plc shall be payable as well as the purchase price on any accounts not settled within two working days following the sale.ġ5.
Any liability to the buyer shall be limited to the hammer price originally paid.ġ4. Should the purchaser fail to pay for and remove any lot within seven days following the sale, the Auctioneers shall have the right to re-sell the lot at auction or by private treaty without giving notice to the buyer. A charge of £2.00 (+VAT) per lot per day will be made for purchases not removed within this period.ġ3. All purchasers must be removed at the buyer’s risk and expense within two working days following the sale.
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No lot shall be removed until the purchaser has paid in full for it and for any other lots purchased. The buyer shall not rely purely upon the catalogue description but shall satisfy himself or herself as to the physical condition and description of each lot.ġ2. Telephone commission bids must be confirmed in writing.ġ1.
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Commission bids will be executed free of charge but must reach the Auctioneers at least one hour before the beginning of the Sale. Credit Cards will incur a surcharge of 2% +VATġ0. Buyers will be required to supply to the Auctioneers their names and addresses and, if required, a deposit immediately after the fall of the hammer.
A buyer’s premium of 19% (+VAT) will be added to the hammer price of all lots sold.ĩ. Legal title shall not pass to the buyer until the purchase price together with the premium has been paid in full.Ĩ. Lots shall be held to be at the buyer’s risk from the fall of the hammer.ħ. Whilst every care is taken in the preparation of catalogues, the Auctioneers accept no responsibility for any inaccuracies contained therein.Ħ. All lots are offered subject to any reserve prices imposed by the vendor.ĥ. The Auctioneer shall have absolute discretion to withdraw, alter or combine with any other lot all lots offered for sale.Ĥ. In the event of any dispute, the Auctioneer’s decision shall be final.ģ. “ Deliberate forgery” means an imitation made with the intention to deceive as to authorship, origin, age or source, which has a value materially less than if it had been in accordance with the description in the catalogue.Ģ. “ The hammer price” means the price at which any lot is knocked down to a buyer “ The Auctioneer” means the representative of George Kidner Auctioneers and Valuers Ltd conducting the Sale “The Auctioneers” means George Kidner Auctioneers and Valuers Ltd.
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