Lockdales Auction - Terms & Conditions

 

1.    ESTIMATED VALUES: The estimated values shown after each lot are the auctioneer's estimate of what each lot is likely to realize.

2.    POSTAL BIDDING: You may bid by mail before the sale. Please use the form provided. Enter the maximum you are prepared to offer for each lot and the auctioneer will represent you. Lots are knocked down at one step above the next highest bid, and not necessarily your highest bid. For example, your bid is £110 and the next highest bid is £80 - the hammer price is £85.

Lots purchased on behalf of postal bidders will be forwarded by the most practical method at the risk of the purchaser. Postage, packing, freight and insurance costs or part thereof shall be borne by the purchaser.

Each lot is sold as genuine unless otherwise described in the sale catalogue.

Any lot listed under collections and various or stated to comprise or contain a collection which are under described shall be put up for sale not subject to rejection and shall be taken by the purchaser with all (if any) faults.

Lots offered "as is" or "offered on their merits" may contain items that are not genuine and therefore may not be returned for any reason.

The placing of a bid will be taken as full agreement to the above conditions.

3.    E-MAIL AND INTERNET BIDS: Bids by E-mail, or via our internet bidding form on our website www.lockdales.com  will be accepted up to 2.30 pm prior to the date of the sale. Any bids received after that time will not be valid unless Lockdales have specifically acknowledged the bids by returning confirmation of individual lots prior to the commencement of the sale. Any bid made by electronic means should be acknowledged by 3.00pm on the day prior to the sale - if confirmation has not been received please telephone to confirm bids, between 3.00 and 4.30 pm..

In all other respects the receipt of electronic bids will be dealt with in the same manner as postal bids as detailed in Section 2 headed POSTAL BIDDING above.

4.    TELEPHONE BIDS: Telephone bids may be made. We do not accept any responsibility for errors made in taking bids, especially by telephone, every effort is made to ensure accuracy.

5.   INVOICE & PAYMENT: Successful postal bidders will be sent a Pro Forma invoice immediately after the sale with details of payment methods. All invoices must be paid within seven days (for UK bidders) , Longer For international bidders of the sale or the lot(s) may be deemed in default and any subsequent losses incurred on resale becomes the responsibility of the bidder.

6.    ROOM BIDDERS: Room bidders must register and obtain a bidding number on arrival. If successful in obtaining a lot, please ensure that you display your bidding number clearly to the auctioneer and that it is your number that is called out. If you have any doubt about the price or buyer , please draw this to the auctioneers attention immediately.

Room bidders may settle their invoices on the day of sale, or within seven days at our offices. You may pay for and collect your purchases at any time during the sale.

Payment may be made by cash or cheque that is supported by a valid banker's card (up to card maximum). We also accept credit cards, for which a 2.5% charge is made.

A Buyers Premium of 12.5% will apply to all lots.

7.    AUCTIONEER: The bidding advances shall be regulated by the auctioneer and shall be at his discretion, also he has the right to refuse any bids.

The auctioneer reserves the right to bid on behalf of clients and vendors, but shall not be liable for errors or omissions in executing instructions to bid.

The auctioneer act as agent only, and shall not be liable for any default of the purchaser or vendor.

If you wish to return any lot for a refund: items must be returned within 7 days of receipt, with written explanation of the reasons why.  Items can only be returned if significantly mis-described, or if certain to be in-authentic when sold as genuine.  Bulk lots are non-returnable.  In any case items can only be accepted if returned in the same condition they were received in.

 

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