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1. |
Definitions.
In these conditions Hampton & Littlewood Limited who act only
as auctioneers and agent for the vendor, is called the
‘Company’, and the representative of the Company conducting
the auction is called the ‘Auctioneer’. |
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2. |
General.
Whilst the Company makes every effort to ensure the accuracy
of their catalogues and the description of any lot: |
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(a) |
Each lot as set out in the catalogue or as divided or combined
with any other lot or lots is sold by the vendor with all
faults, imperfections and errors of description. |
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(b) |
The Company does not accept responsibility for the
authenticity, attribution, genuineness, origin, authorship,
date, age, period, condition or quality of any lot. |
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(c) |
All statements, whether printed in the catalogue or made
orally as to any of the matters set out in (b) above are
statements of opinion only and are not to be taken as being or
implying any warranties or representations of fact by the
Company, unless they have been instructed in writing by the
vendor so to certify, and in such case the Company does so as
agent of the vendor and is not itself responsible for such
claims. |
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(d) |
Any claim under any statute must be received in writing by
the Company within ten days of the day of the sale. |
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3. |
Copyright.
The copyright of the text, photographs and illustrations
contained in catalogues and other publicity material shall
rest in the Company. Where the vendor provides the text,
photographs and illustrations for publication the vendor
warrants that the use is authorized by the copyright owner and
indemnifies the Company against claims and costs arising from
wrongful use. |
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4. |
The Auction |
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(a) |
The Auctioneer has absolute discretion to divide any lot, to
combine any two or more lots or withdraw any lot or lots from
the sale, to refuse bids, regulate bidding or cancel the sale
without in any case giving any reason or without previous
notice. He may bid on behalf of the vendor for all goods which
are being offered subject to reserve or at the Auctioneer’s
discretion. |
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(b) |
The highest bidder shall be the buyer. The auctioneer shall be
solely responsible for the regulation and control of the
bidding. If during |
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(c) |
Each lot is put up for sale subject to any reserve price
placed by the vendor. Where no reserve has been placed (but
not otherwise) the vendor has the right to bid either
personally or by any one person on his behalf (who may be the
Auctioneer). |
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(d) |
) All conditions, notices, descriptions, statements and other
matters in the catalogue and elsewhere concerning any lot are
subject to any statements modifying or affecting the same made
by the Auctioneer from the rostrum prior to any bid being
accepted for the lot. |
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5. |
Default
The Company disclaims responsibility for default by either the
buyer or the vendor, because it acts as agent for the vendor
and therefore does not pay out to the vendor until payment is
received from the buyer. Instructions given by telephone are
accepted at the sender’s risk and must be confirmed in writing
forthwith. |
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6. |
Rescission.
Notwithstanding any other terms of these conditions, if within
three months after the sale the buyer of any lots serves
formal notice alleging that the lot is a deliberate forgery
and returns the lot to the Company in the same condition at
the time of the sale and produces evidence acceptable to the
Company that the lot is a deliberate forgery, then the sale of
the lot will be rescinded. The Company will reimburse the
buyer for the amount paid for the lot within seven days of the
vendor refunding to the Company the net proceeds of the sale.
Any dispute between vendor and buyer relating to goods
consigned to the Company for sale, including rescission which
cannot be settled by agreement shall be settled by an
arbitrator appointed by the President of the Royal Institution
of Chartered Surveyors. The vendor and the buyer shall be
bound by the decision of the arbitrator including the
incidence of costs. |
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7. |
Private Treaty.
If an item is sold by private treaty, both the vendor and the
buyer agree to be bound by the general and any special
conditions of sale. |
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8. |
Third Party Liability.
Every person on the Company’s premises at any time shall be
deemed to be there at his/her own risk. He/she shall have no
claim against the Company in respect of any accident which may
occur or injury, damage or loss however caused, save in so far
as the injury, damage or loss shall be caused by the direct
negligence of the Company’s employees. |
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Vendor’s Conditions |
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9. |
Instructions.
As the Company is an auctioneer all goods delivered to the
Company’s premises will be deemed to be delivered for sale by
auction unless otherwise stated in writing and will be
catalogued and sold by the Company without reserve and
accepted by the Company subject to all the sale conditions. By
delivering the goods to the Company for inclusion in their
auction sales each vendor acknowledges that he or she has
accepted and agreed to be bound by all these conditions.
If the lot is withdrawn from sale by the Company on the
grounds that it believes that the reserve placed on that lot
by the vendor is unreasonable or because the Company believes
that the vendor has described the lot to the Company
incorrectly then withdrawal fees of 10% of the requested
reserve or in the absence of a reserve of 10% of the
Company’s estimate of the auction value of the lot shall be
payable by the vendor to the Company.
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10. |
Collections and Returns.
The Company does not itself usually undertake the collection
of goods. It will if requested in writing, instruct a
contractor on the vendors behalf in their capacity as agents.
The Company disclaims all responsibility for loss or damage to
goods or for unauthorized removal of goods and for damage to
premises caused by the contractor who should be insured for
such risks. Unless instructions are received to the contrary
the charge for these services will be deducted from the
proceeds of the sale. |
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11. |
Loss or Damage.
The Company disclaims all responsibility or loss or damage to
goods or for the unauthorized removal of goods unless caused
by the direct negligence of its employees. |
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12. |
Storage.
The Company reserves the right to store or arrange for the
storage of goods delivered to it for sale either on its own
premises or elsewhere at its sole discretion. The Company
exempts itself from any liability for loss or damage to goods
delivered to its salerooms without sufficient sale
instructions and reserves the right to make a minimum storage
charge of two pounds per day for such goods (unless the loss
or damage is caused by the negligence of its employees). |
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13. |
Right to sell.
If goods are not removed within seven days of a request that
they be so, sent by recorded delivery letter from the Company
to the vendor at the address shown on the Auction Contract,
the Company shall be entitled to sell such goods to defray all
amounts due from the vendor including storage charges without
further notice to the vendor. |
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14. |
Insurance.
All goods held in the Company’s custody will be insured
against the risk of fire, burglary, water damage and
accidental damage except for damage to picture frames and
glass or for damage caused by woodworm or changes in
atmospheric conditions. For this facility the Company shall
charge the vendor 1.5% plus VAT of the hammer price of a lot or
the value a lot might have achieved as assessed by the
auctioneer. The value of the goods concerned shall be the net
proceeds of sale or the assessed value net of charges. |
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15. |
Reserves.
All goods are put up for sale WITHOUT RESERVE at the
Auctioneer’s discretion unless written instructions as to
reserves are received by the Company prior to the commencement
of the sale.
In the event of any reserve price not being reached at auction
the Company is empowered to sell
after
the auction, by private treaty, at not less than the reserve
price, as long as the goods remain on the Company’s premises.
In the event of such a sale by private treaty the Conditions
of Sale applicable to a buyer governing the auction will
apply. |
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16. |
Indemnity.
The vendor shall duly indemnify the Company, its agents,
employees and the auctioneer against any claims in connection
with any goods sold by the Company on the vendor’s behalf. |
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17. |
Value Added Tax.
Vendors selling any assets of their business through the
Company must disclose to the Company at the time the items are
submitted for sale whether they are registered for VAT. They
must also disclose at that time their VAT registration number
and whether the items are being sold under the dealer’s margin
scheme for second hand goods, works of art, antiques and
collectors items. The vendor warrants that he/she has advised
the Company in full as required under this clause and fully
indemnifies the Company in respect of any errors or penalties
which may occur as a result of the Company acting in
accordance with the information given by the vendor. The
vendor undertakes to inform the Company immediately of any
change of VAT status or registration number and acknowledges
that no alterations affecting the VAT treatment of the items
shall be made by the Company after the items have been
catalogued for sale. For goods sold under the VAT Auctioneers
Scheme, the Company will not reclaim any VAT input tax in
respect of the hammer price of goods sold on behalf of VAT
registered vendors. |
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18. |
The vendor authorizes the Company to deduct commission and
expenses at the stated rates from the hammer price and
acknowledges the Company’s right to retain any premium payable
by the purchaser. |
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19. |
Settlement.
Settlement of the net sale proceeds, being the hammer price
(adjusted for VAT as appropriate) less the Company’s charges
to the vendor and VAT thereon as appropriate, will only be
made by means of a crossed account payee only cheque drawn in
sterling on an account at a United Kingdom clearing bank. Any
alterations to the payment instructions given by the vendor
should be received by the Company at least seven days before
the normal date of payment to the vendor for the relevant
sale. Payment will be made to the vendor approximately
21 days
after the date of the sale provided settlement has been
received in full from the buyer. If settlement has not been
received in full from the buyer by this date , then payment
will be made to the vendor approximately seven days after
payment is received.
If the buyer has not paid within
21
days of the auction then
the Company will endeavour to obtain instructions from the
vendor as to how to proceed. Notwithstanding the absence of
such instruction, the vendor hereby authorizes the Company at
the cost of the vendor to take such reasonable action as the
Company in its absolute discretion deems necessary to obtain
settlement from the buyer or if necessary to cancel the sale
and refund the monies paid on account to the buyer.
In cases where a buyer owes the Company money in respect of
lots purchased from more than one vendor at one or more sales,
the Company shall have absolute discretion to allocate any
payments which it might receive from that buyer against the
balances outstanding in respect of those lots purchased by
that buyer.
The Company reserves the right to allocate the proceeds from
the sale of goods referred to in this contract to any
outstanding purchases in the name of the vendor which have not
been paid in accordance with its standard conditions of sale. |
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20. |
Charges. |
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(a) |
Commission. Commission to the vendor for selling is 10% of the
hammer price for individual lots selling for more than 1000
pounds and 15% for lots selling for 1000 pounds or less,
unless shown otherwise on the signed Auction Contract. |
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(b) |
Unsold Lots. If a lot is unsold at auction a charge equal to
5% of the reserve for that lot will be made if the Company has
advised the vendor prior to the sale that that reserve is
excessive in the Company’s opinion. Any unsold lots will be
re-offered for sale at the Auctioneers discretion without
reserve unless the Company has requested the vendor to collect
the lot. |
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(c) |
Withdrawal Fees. Withdrawal fees on lots withdrawn prior to
the sale are 10% of the reserve (or where no reserve has been
stated, 10% of the estimated auction value as assessed by the
specialist staff of the Company in their absolute discretion). |
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(d) |
Illustration Fees. These will be charged at the current rate. |
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(e) |
Insurance. Unless the Company have been instructed otherwise
in writing by the vendor, all goods will be held insured by
the Company. Withdrawn lots and unsold lots are subject to
insurance and other charges where applicable. |
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(f) |
VAT on Charges. The above rates of charge and fees are net of
VAT, which will be payable at the appropriate rate in addition
to the amounts shown. All charges made to vendors will appear
on vendor settlement statements and invoices |
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21. |
Inspection.
Each buyer by making a bid for a lot acknowledges that he/she
has satisfied themselves fully before bidding by inspection of
otherwise as to all the sale conditions, the physical
condition of and
description of the lot including but not restricted to whether
the lot is damaged or has been repaired or restored. |
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22. |
Property And Risk.
Legal title will not pass to the buyer until the lot(s) has
been paid for in full, but each lot is at the sole risk of the
buyer at the fall of the hammer. Each buyer shall forthwith
give his full names and permanent address and if called upon
to do so by the auctioneer shall forthwith pay to the company
such proportion of the purchase price as the company may
require. If the buyer fails to do so, the lot may at the
Company’s discretion be put up again and re-sold. |
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23. |
Every bidder shall be deemed to act as principal unless there
is in force a written acknowledgement by the company that he
acts as agent on behalf of a named principal. |
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24. |
Removal of Goods.
No purchase shall be claimed or removed until it has been paid
for in full and the sale has been concluded. All purchases
shall be paid for and removed at the buyer’s risk and expense
at the end of the second working day after the sale, failing
which the Company shall no be responsible if the same are
lost, stolen, damaged or destroyed, and all lots not so
removed shall remain at the risk of the buyer and subject to a
warehousing charge. If they are not paid for and removed
within seven working days of the sale the Company may re-sell
them by auction or privately without notice to the buyer. Any
liability which there may be on the part of the Company in
respect of any loss shall be restricted to a maximum of the
price paid by the buyer of the lot.
In the event of any failure of the buyers to comply with any
of the above conditions the damages recoverable by the seller
or the auctioneer from the defaulter shall include any loss
arising on any re-sale of the lot, together with the charges
and expenses in respect of both sales, and any money deposited
in part payment shall be held by the Company on account of the
liability of the defaulter to them or to the seller. The
Company is unable to accept payment from successful bidders
other than in cash, by certain debit and credit cards (as
stated below in clause 26), by the buyer’s own cheque drawn on
an account at a UK clearing bank or by direct transfer of
cleared funds into the
Company’s nominated bank account. Cheques drawn by third
parties, whether in the Company’s favour or requiring
endorsement, cannot be accepted. |
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25. |
Purchase Price/Buyers Premium.
The purchaser shall pay the hammer price together with a
premium of 17.5% of the hammer price. The premium attract VAT at
the standard rate and is payable by all purchasers. The vendor
authorizes the Company to deduct commission and expenses at
the
stated rates from the hammer price and acknowledges the
Company’s right to retain the premium payable by the
purchaser. |
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26. |
Payment By Debit/Credit Card.
The
Company is able to accept payment by Visa, Switch or Delta
cards and by Mastercard or Visa Credit Cards. No charge will
be made in respect of payments made by Visa, Switch or Delta
Debit Cards. However, a surcharge equal to 1.76% (inclusive of
VAT at the standard rate) of the amount will be levied in
respect of payments by Mastercard or Visa credit cards. The
Company
regrets
that it is not able to accept payment by other credit or debit
cards. |
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27. |
Online Bidding.
In completing the bidder registration on www.the-saleroom.com
and providing your credit card details and unless alternative
arrangements are agreed with (Hampton & Littlewood) you
(a) authorise (Hampton & Littlewood), if they so wish, to
charge the credit card given in part or full payment,
including all fees, for items successfully purchased in the
sale via the-saleroom.com, and
(b) confirm that you are authorised to provide these credit
card details to (Hampton & Littlewood) through
www.the-saleroom.com
and agree that (Hampton & Littlewood)
are entitled to ship the goods to the card holder name and
cardholder address provided in fulfilment of the sale. |
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METHODS OF PAYMENT
If you have not bought with Hampton and
Littlewood before, please make arrangements for payment prior to the sale.
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1. |
Cash |
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2. |
Cheque - Cheques should be made payable to 'Hampton and
Littlewood Ltd'. Cheques not supported by a cheque card valid for the
amount due must be cleared before purchases can be released. This usually
takes at least five working days.
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3. |
Debit Cards
Delta, Switch and Connect debit cards are
accepted.
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4. |
Credit Cards
We are able to accept payment by Visa or
Mastercard only. Please note these payments carry a surcharge.
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5. |
BANK TRANSFER
Bank details will be given on request with the
office.
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Please note that all our sales are subject to
our Standard Terms and Conditions of Sale, copies of which are displayed
in the saleroom and are available on request. If we can assist in any way
please do not hesitate to ask a member of staff. |
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WRAPPING, PACKING AND
DESPATCH
Competitive rates have been negotiated with
Mail Boxes Etc., specialist in the provision of wrapping, packing and
despatch services to the Antiques and Fine Art business sector. They
provide for all services for lots purchased from our saleroom.
Unfortunately, Hampton and Littlewood are
unable to provide any other wrapping, packing and despatch service of
their own.
Mail Boxes Etc. collect items weekly from our
saleroom, though special collections can be arranged if required. They
offer a professional, domestic and International service by post, courier,
road, air and sea, depending on the lot size, destination and speed
required. Bespoke cases can also be made up for your lot or lots.
While indicative pricing is always obtainable
by contacting Mail Boxes Etc., firm pricing is agreed after wrapping and
packing prior to despatch.
The minimum cost with Mail Boxes Etc. is
£24.50 plus VAT, which will include collection, professional wrapping,
packing and domestic delivery. Payment can be made with all major credit
and debit cards.
Insurance
Full comprehensive transit insurance is
available at a cost of £5.50 per £1000 value.For any further information
please call the team at Mail Boxes Etc., telephone 01752 257224 or email
info@mbeplymouth.co.uk.Telephone 0800 783 1381 Facsimile 01752 257225 Web:
www.mbeplymouth.co.uk.
GLOSSARY OF PICTURE
CATALOGUING TERMS
A work catalogued with the forename(s) and
surname or recognised designation of an artist in our opinion is or
probably is a work by the artist, e.g. THOMAS LUNY. Nevertheless,
intending buyers are reminded that, while a full designation is our
highest category of authenticity, no unqualified statement as to
authorship is made or intended. A full cataloguing does not necessarily
imply a full warranty.
Attributed to THOMAS LUNY in our opinion a work
of the period of the artist which may be in whole or in part the work of
the artist.
Studio of THOMAS LUNY in our opinion a work by
an unknown hand, which may have been executed in the studio of the artist.
Circle of THOMAS LUNY in our opinion a work
from the period of the artist and showing his influence.
Follower of THOMAS LUNY in our opinion a work
executed in the style of the artist but not necessarily by a pupil.
Manner of THOMAS LUNY in our opinion a work
executed in the style of the artist but of a later date.
After THOMAS LUNY in our opinion a copy of any
date after a work by the artist.
Signed/inscribed/dated in our opinion the work
has been signed/inscribed/dated by the artist.
Bears\with signature/inscription/date in our
opinion the signature/inscription/date are not by the hand of the named
artist.
The term 'ascribed to' may in certain cases be
used to denote a traditional attribution based on style, though this
attribution is not necessarily confirmed by the auctioneers.
A work catalogued as 'School' accompanied by
the name of a place or country and a date means that in our opinion the
work was executed at that time and in that location, e.g. English School
Circa 1700.
All references to signatures, inscriptions and
dates refer to the present state of the work, i.e. as at the time of
inspection for the purpose of cataloguing.
Important Information for
Buyers
Estimates
The estimated purchase price of each lot is
printed beside the lot description. These estimates are prepared well in
advance of the sale and may be subject to revision. They are not
definitive and do not include the Buyer's Premium (or VAT, when this is
charged on the hammer price, as indicated by the symbol*, see below).
Buyer's Premium
There is a buyer's premium of 17.5% payable on
the hammer price of all lots. This is subject to VAT at the standard rate.
(Please note VAT is not payable on purchases of books).
VAT
Lots marked with a * indicates that VAT at the
standard rate (presently 17.5%) is payable by the purchaser on the hammer
price.
Bidding
All potential buyers will need to register on
the day of sale and collect a bidding number. Please note that proof of
identification will be required in order to register.
Absentee Bidding
If you are unable to attend the sale then bids
may be left with the auctioneer, up to one hour prior to the commencement
of the sale, indicating the maximum amount to be bid. This does not
include the buyer's premium. These bids will be executed as cheaply as
possible allowing for other bids or reserves (if any). In the event of two
identical bids being left then the first bid received takes precedence. On
lots of higher value it is usually possible to bid on the telephone,
however due to limited lines it is advisable to arrange this with the
office as soon as possible to avoid disappointment.
All telephone bids must be booked by 5.30pm on
the day prior to the sale.
Damaged and Restored Lots
All intending buyers are to satisfy themselves
fully as to the condition of each lot (see clause 21 of the conditions of
sale). Please note that the absence from the lot description of any
condition notes does not imply that the lot is in perfect condition.
Condition Reports
To assist buyers unable to attend we would be
pleased to provide a condition report on any lot where practical. Please
note that these reports are for guidance only and no responsibility is
accepted for their accuracy.
Electrical Goods
All electrical goods are sold on the basis of
decorative value only. It is essential that they are checked by a
qualified electrician before use to comply with the current safety
regulations.
Clearance
All purchases must be paid for in full before
they can be released (see methods of payment). In order to avoid incurring
removal and storage charges it is important that goods are paid for and
collected promptly.
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