Conditions of Sale

  1. All Goods delivered by Auctioneers shall be deemed for sale by auction. Instructions to the contrary must be in writing. By delivery the vendor is bound by these conditions. The Auctioneers reserve the right at their discretion to store goods delivered with insufficient instruction and may levy a storage charge of One Pound per day for each lot until sufficient instruction is received. The Auctioneers may intimate to the vendor that goods are to be removed and a charge of One Pound per day per lot will be charged from the date of intimation until the date of removal. In the event of the Auctioneers receiving no instructions on the expiry of twenty-one days from the date of intimation they reserve the right to expose the lots for sale with no liability to the Auctioneers.
  2. The highest bidder shall be the buyer. If any dispute arises the Auctioneers shall have the absolute discretion to settle it and put any disputed lot up again. They have full discretion to refuse any bidding, to divide any lot, to combine any two or more lots, and to withdraw any lot or lots from the sale without in any case giving any reason.
  3. The Auctioneers can arrange for the collection of property for sale. The property will be covered by insurance for loss or damage during transit and while it is on their premises unless instructed in writing by the vendor not to do so. Damage to picture frames and glass is not covered by insurance. A charge of 1.5% plus V.A.T. will be made to cover the cost of insurance. This will be based on the Hammer Price, the Reserve price, or at a figure deemed reasonable by a member of the Auctioneers Valuation Department.
  4. A reserve price shall be placed on a lot on the written instructions of the vendor. No reserve will be accepted on a lot under the value of Fifty Pounds. In the event of a lot failing to reach a reserve price the Auctioneers will levy a charge of not less than five per cent of the reserve price. In the event of a reserve price not being reached at Auction, the Auctioneers reserve the right to sell the lot by private treaty at a price not less than the reserve price.
  5. In the event that property offered at auction is not sold at auction, or is withdrawn before auction, the owner of such property shall within seven days after the auction in question or such withdrawal give instructions to the Auctioneers regarding the disposal of such property. In the absence of instructions the auctioneers shall be entitled to dispose of the property at their own discretion without giving notice to the vendor. A charge or levy will apply to goods withdrawn from auction at short notice.
  6. The vendor covenants with the Auctioneers that he is able to transfer good and marketable title to the property free from any liens, charges or encumbrances. The vendor undertakes to indemnify the Auctioneers against any loss or damages suffered by the Auctioneers as a result of any defect in the vendor’s title and from any legal liability that the Auctioneers may incur as a result thereof. In the event that the vendor shall cancel his instructions to the Auctioneers with regard to property once the catalogue containing details of the property has been printed, the vendor shall pay to the Auctioneers the cataloguing charge prevalent at that time.
  7. The Commissions charged on the hammer price is as follows:- 25% per lot + V.A.T - up to the value of £100.00, 20% per lot + V.A.T.– from £101.00 to £500.00, 15% per lot + V.A.T. – from £501.00 upwards. £2.00 + V.A.T. minimum charge per lot. £5.00 + V.A.T. minimum charge per consignment.  £2 minimum lot. Commissions on special sales of individual works of high value can be negotiated. Photographing and cataloguing charges will be deducted where relevant. For large, low cost assignments, additional administration costs may be incurred.