Commission: Antique and collector’s auctions 15%. household auctions 20% commission. Minimum charge is £5 per lot sold. There are no 'not sold' charges. There is a catalogue and administration charge of £3.00 per sale. Following an Antiques & Collectors sale, a Post Sale advice letter will be sent advising the vendor of prices realised. Vendors are requested to telephone the Auctioneers for prices realised for General Household sales.
Reserves: Reserves on articles of particular merit should be shown overleaf where indicated or otherwise communicated to the Auctioneers, in writing, at least 24 hours before the sale. All reserves are subject to 10% discretion. In the absence of formal reserve instructions, the lower estimate value set by our valuers shall act as a reserve. If the lower estimate is less than £10 there is no reserve. Any pre-arranged reserves will be confirmed on the Pre-sale advice note sent to you prior to the sale. Unsold items will be automatically entered into the next auction with the reserve/lower estimate reduced by 20%.
Insurance: An Insurance scheme is operated by the Galleries at a cost of 2% of the hammer price. Goods will be covered for the full time that they are in our care at the Galleries or in transit with our Carriers.
Unsold Items: Unless specific written instructions are received prior to the sale, the Auctioneers may sell unsold items after the sale, at, or within 10% of the reserve price, if any. For Household sales, very low value items for which no bid is received may, at the Auctioneers discretion, be destroyed without further reference to the Vendor. Unsold items will be automatically entered into the next auction with the reserve/lower estimate reduced by 20%.
Storage: NO CHARGE is made for items in our care awaiting auction, or for unsold items waiting to be re-offered. Unsold and Withdrawn items to be returned to the vendor will be stored without charge for 10 days, after which storage will be charged at the current rate set by the Auctioneers of £10 per lot per week.
Withdrawn Items: Commission as at 1 above based on the current lower estimate and all other attendant costs i.e. advertising, photographs etc will be charged, at the Auctioneers discretion, on items withdrawn after they have been received by the Auctioneer’s or have been processed or promoted by the Auctioneers in any way.
Catalogue and Publicity Photographs: These often substantially enhance the prices realised. Unless instructed to the contrary, the Auctioneers will select suitable subjects without reference to the Vendor. A charge will be made for each item photographed, which is sold, being a minimum of £5 or 5% of the value of the lot, whichever is the greater, up to the maximum £50. Items photographed for our internet site will be charged at a flat rate of £2 per item.
Inspection: A representative of the Auctioneers will be pleased to call by appointment, to identify, value and generally advise regarding items that you may wish to sell, without charge or obligation.
Acceptability of Goods: The Auctioneers will accept all classes of antiques, collector’s items and works of art. Modern effects can be accepted for our General sales, when they form part of a house clearance, or at the Auctioneers discretion. The Auctioneers reserve the right to refuse unsuitable items at the door. If in doubt, please ask the Auctioneer for advice before sending consignments.
Delivery: The Auctioneers must be advised before a consignment is dispatched. Transportation can be arranged on your behalf. The carriage charge will be deducted by us from the sale proceeds.
In accordance with the Auctioneers ‘Guarantee’ the Vendor hereby agrees to refund the purchase price plus the Commission and the Buyer’s Premium for any item that subsequently turns out to be ‘fake’, spurious, mis-
attributed, with unverifiable provenance or the catalogue description of which is in breach of the ‘Trade Descriptions Act’.
VAT: Articles subject to VAT are sold VAT inclusive, and VAT registered vendors hereby agree to extract the VAT element and pay it to HM Customs and Excise. All charges listed above are also subject to VAT.
Unsolicited items, that the Auctioneers consider saleable, will be accepted under the above Terms & Conditions. Any items delivered that the Auctioneers consider unsuitable will be disposed of.
Returnable Items: See 5 and 6 above, will be sold at the Auctioneers discretion, without reserve, by auction or private treaty, to defray all costs and charges as above, if they have not been collected within 3 months of the time stipulated for collection.
Unpaid Lots: The Auctioneers reserve the right to declare any sold item as unsold, if it remains unpaid for 14 days after the sale and was purchased by a person unknown to the Auctioneers. These items will be offered into the next appropriate auction.
Payment: Payment is made by cheque, to the name and address details listed, within 30 days following the sale provided payment has been received from the purchaser(s). Payment to the vendor will be made as soon as all payment for items sold has been received.