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N.B. PLEASE READ ALL THESE CONDITIONS CAREFULLY
(Note: the term "the Auctioneers"
means L.S. Smellie & Sons Ltd.)
IMPORTANT
1.
CHARGES
Buyers Premium - A 20% Buyers
Premium inclusive of V.A.T on the premium will be charged on all lots
purchased.
Vendor Commission - Sales Commission of 20% inc VAT on all lots sold will
be charged to all Vendors
2. The lots shall be paid in full on the sale day and
removed at the buyers risk and expense at the conclusion of the sale or
within one day thereafter.
3. Lots not paid on
sale day may be subject to a 10% Credit charge.
4. Items not
removed by the day following the sale will be subjest
to a storage charge of £1 Per item per day.
5. (a) Persons
bidding at the sale, together with persons bidding by commission, will be
deemed, by the Auctioneers, to agree with these conditions of business.
(b) The Auctioneers act
as Agents only.
(c) Particular attention
should be paid to the paragraph headed "2 Descriptions" below.
6.
DESCRIPTIONS
(a) The descriptions in
this catalogue are an expression of opinion only, and NO warranty whatsoever is
given or implied. There is, in general, no reference to the condition of lots
in the catalogue. A number of items may be damaged and/or defective.
Purchasers must, therefore, satisfy themselves as to the authenticity and
condition of all items in each lot PRIOR TO BIDDING.
(b) Any references in
this catalogue are for assistance only and in no way indicate that items
without such references are perfect.
(c) Any queries
regarding lots purchased at this sale must be made to the Auctioneers by the
next day� subsequent
to the sale date.
3. The highest bidder to be the purchaser,
and should any dispute arise the lot so disputed shall be immediately put up
again and resold to the highest bidder thereafter.
7. PAYMENT
No delivery of goods
will be given until payment has been made in full by cash, certified cheque, bankers draft or cheque
within the limit of a valid cheque card. Cheques exceeding the limit of a valid cheque card must be cleared at the bank before delivery
of goods can be given.
8.
DELIVERY
(a) A receipted account
must be handed to the Auctioneer's sale porter before any delivery can be effected.
(b) All lots purchased
are at the risk of the Purchaser from the fall of the hammer.
9. The Auctioneers reserve the right to
group together, divide, withdraw or alter the order of the sale of any lots
notwithstanding the catalogue arrangement, also to refuse the bids of any
person they may deem objectionable.
10. Failing compliance with the above conditions or any of
them, defaulters lots may be resold by public sale
or private bargain as the Auctioneers think fit without further notice than
is hereby given and all loss and expense attending such resale shall be made
good by the defaulter at this Sale.
11. The Auctioneers decision on all disputes
at or in any way referring to the Sale,
or the interpretation of these conditions shall be final and binding on all
parties concerned.
12. SELLERS
(a) The Seller warrants
to the Auctioneer that the seller has authority to sell all items entered for
sale and that no item entered by them is a deliberate forgery or is the
subject of substantial concealed alteration or repair of which they should
have knowledge.
(b) The Seller is deemed
to have authorized the Auctioneers to deduct their commission and charges
from the sale proceeds.
(c) A Charge of 1% of
the hammer price is made to the Seller for the provision of insurance cover
for the items whilst in the custody of the Auctioneers, such items being
fully covered to a maximum of their net auction value. PARTIES ATTENDING
THE SALE
PREMISES DO SO AT THEIR OWN RISK
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