Terms and Conditions of Business

Andrew Hilton trading as Historical & Collectable hereinafter referred to as the Auctioneer and to include any person acting upon his authority.

General

Third Party Liability:  All persons on the premises of, or at a venue hired or borrowed by the Auctioneer are there upon their own risk. They shall have no claim against the Auctioneer in respect of any accident, injury or damage howsoever arising.

Admission:  Admission to the view and auction is by catalogue and registration.

Catalogue:  All descriptions, whether printed or oral, are statements of opinion not fact. Intending Purchasers should satisfy themselves as to the condition, age and authenticity etc. of all pieces and lots.

Auction:  The Auctioneer reserves the right to accept or refuse any bid(s), regulate the bidding and amounts of any bid(s), rearrange, consolidate or withdraw any lot(s) or part of any lot without reason or notice. In the event of a dispute the Auctioneer has absolute discretion to settle such dispute.  All transactions associated with this auction sale shall be governed by English law.

Conditions of sale - Vendors

Indemnity:  The Vendor indemnifies the Auctioneer, his servants and agents who act solely as agent for the Vendor.

Title:  The Vendor warrants to the Auctioneer and the Purchaser that they are the absolute owner of any lot and is authorised to sell the same and pass marketable title free of any encumbrance or claim.

Instructions:  Lots are sold at the Auctioneer’s discretion unless written instructions to the contrary are received by the Auctioneer more than 24 hours prior to the auction. Responsibility for receipt of such instructions rests with the Vendor.

Proceeds:  The Vendor authorises the Auctioneer to deduct all monies due to him from the auction proceeds. The Auctioneer shall not be liable for settlement of any lot(s) for which he is not in possession of cleared funds.

Conditions of sale - Purchasers

Acknowledgment:  In making a bid for any lot, whether in person or otherwise, all bidders acknowledge they have read, understand and abide by all these Conditions of Sale.

Title:  Responsibility for a purchased lot shall pass at the fall of the hammer, however legal title shall not pass until the Auctioneer is in possession of cleared funds in payment for that lot.

Payment and Clearance:  All lots must be paid for in full within 7 days following the conclusion of the auction except where agreed by the Auctioneer in writing. No lot(s) may be removed until cleared funds are to hand except where agreed by the Auctioneer. Any lot(s) not paid for will incur storage charges calculated at the sole discretion of the Auctioneer and interest at 3% over Lloyds Bank Base Rate.

Purchase Price:  The Buyer will pay to the Auctioneer the hammer price together with a Buyer’s Premium calculated at a rate of 25.00% (including VAT), additionally any Value Added Tax and or Artist's Resale Right on the hammer price where noted in the auction catalogue. 

 

Buyers who attend the auction, bid in person, pay for their purchase and collect them from the auction venue on the day of sale will be charged a reduced Buyer's Premium of 20% of the hammer price (including VAT).

 

The internet live internet bidding surcharge is 5.00% making a total Buyer's Premium of 30.00% of the hammer price (including VAT).

 

 

 


Important Information

Viewing:  On Saturday 11th May from 9.00am until 11.45am. Otherwise by appointment. .

Buyers Premium:  (See above: Conditions of sale - Purchasers - Purchase Price) Briefly:

  • As a percentage of the hammer price on each lot:  25.00% (including VAT).

  • Purchasers who attend, pay and clear on the day:  20.00% (including VAT).

  • Purchasers who bid live on the internet platfords:  30.00% (including VAT).

Value Added Tax:  No lots in this auction attract VAT on the hammer price.

Registration:  Obtain a bidding number prior to viewing from the Registration Clerks. New clients must produce acceptable identification.

Absentee Bidding:  Commission Bids may be submitted by post or e mail to the Auctioneer who will execute such bids without obligation.  At the sole discretion of the Auctioneer bidding may also be undertaken by telephone.  Live internet bidding may be undertaken at www.the-saleroom.com or www.invaluable.com (5% surcharge including VAT).

Imperfections:  The condition of pieces (other than where a number are included in the same lot) is mentioned in the catalogue and is intended as a guide to assist potential Purchasers.  The word 'good' in the catalogue description may be interpreted as the item being in original undamaged and unrestored condition.  It remains the responsibility of the Purchaser to satisfy themselves as to the condition of each piece in any lot.

Auction Duration:  Lots will be sold in numerical order (unless otherwise stated) at a likely rate of between 80 and 150 lots per hour.

Prices Realised:  These may be viewed at: www.historicalandcollectable.com.

Payment:  Those attending the auction in person may settle their accounts by cash (maximum equivalent of 10,000 Euros), Sterling Cheque (clients known to Historical & Collectable or debit card (non-EU debit cards will incur a surcharge of 3.00%). Credit cards are not accepted.

Those not attending the auction may settle their their accounts by cash (maximum equivalent of 10,000 Euros), Sterling Cheque, bank transfer (7 surcharge on amounts sent from outside the UK). Debit and credit cards are not accepted from clients who are not paying in person. (Card-holder not present transactions).

Collection and Shipping:  Lots may be paid for and collected during the auction.  The Auctioneer may pack and send small consignments and whilst every effort will be made to ensure items are properly packed and, where possible, insurance cover arranged by the service provided, no responsibility can be accepted by the Auctioneer or his agents for any loss or damage howsoever arising.  Safe transit of purchases by hand, post, courier or shipper is at the sole risk of the Purchaser. 

Items may also be collected, by prior arrangement, from a venue in Chelsea, London.