Splendid Interiors Auction

Something To Own Terms & Conditions Please see below for our current Terms & Conditions. Please also use the Glossary to understand the meaning of some of the terms used. These conditions of business consist of: 1. Information for Buyers; 2. Terms of Consignment (for Sellers); 3. Terms of Sale (for Bidders and Buyers). 1. INFORMATION FOR BUYERS AT AUCTIONS Introduction The following notes are intended to assist Bidders and Buyers, particularly those that are inexperienced or new to our auctions. All of our auctions are governed by our Terms and Conditions. Our staff will be happy to help you if there is anything in our Terms and Conditions that you do not fully understand. Please make sure that you read our Terms of Sale carefully before bidding in the auction. If your bid is successful, you will be obliged to comply with our Terms of Sale. Methods of payment Lots must be paid for before they are shipped, within 7 working days of the auction end. We accept bank transfer or all major cards; our payments are processed securely via Stripe. We accept credit card payments to an upper limit of ?2,000 or via a secure payment link. Cheques must be cleared before goods are shipped. Collection and storage As all our auctions are online, we do not offer collections. Items are stored in a secure storage unit and will be shipped promptly after payment is received via one of our trusted partners, either UPS, DHL or FedEx. Agency As Auctioneers we usually act on behalf of the Seller whose identity, for reasons of confidentiality, is not normally disclosed. If you buy at auction, your contract for the Goods is with the Seller, not with us as Auctioneer. Estimates Estimates are designed to help you gauge what sort of sum might be involved for the purchase of a particular Lot. Estimates may change and should not be thought of as the sale Price. The lower estimate may represent the Reserve Price (the minimum Price for which a Lot may be sold) and will not be below the Reserve Price. Estimates do not include the Buyer?s Premium or VAT (where chargeable). Estimates are prepared some time before the auction and may be altered by announcement by the Auctioneer before the auction of the Lot. They are not definitive. Buyer?s Premium The Terms of Sale oblige you to pay a Buyer?s Premium at 25% on the Hammer Price of each Lot purchased. In addition, VAT is charged on the Premium (see below). VAT Items in our catalogue may be marked with a * or ** which indicates that VAT is payable by the Buyer on the Hammer Price and the Buyer?s Premium at either the standard rate (currently 20%) or a reduced rate (currently 5%), depending upon the legal requirements relating to that Lot. Lots which do not have either of the above symbols have no VAT payable on the Hammer Price. This is because such Lots are sold using the Auctioneers? Margin Scheme. The VAT included within the Premium is not recoverable as input tax. Shipping Costs are liable for VAT and are payable by the Buyer. Inspection of Goods by the Buyer As we act on behalf of the Seller, we are dependent on information provided by the Seller about their Goods. We may inspect Lots and will act reasonably in taking a general view about them. However, we are normally unable to carry out detailed examinations of Lots to check their condition in the way a Buyer would do. You will have ample opportunity to inspect the Goods via photographs presented or request additional information, photographs or condition reports. Please note carefully the exclusion of liability for the condition of Lots set out in the Terms of Sale at clause 12.4. These are based solely on our own opinion and are for guidance only and no responsibility is accepted for their accuracy. Intending Buyers are strongly encouraged to view. Condition reports cannot be prepared on the day of the sale. Shipping of Goods All items are sent securely by one of our appointed partners; no collections is offered at this time as all auctions are online-only via Liveauctioneers. In some cases, items may be shipped from third-party sellers depending on the nature of the items, such as size. Electrical Goods These are sold as ?antiques? only. If you buy electrical Goods for use you must ask a qualified electrician to check them for compliance with safety regulations before you use them. Export of Goods If you intend to export Goods you must find out: 1. 1. whether an export licence is needed; and 2. if there is a prohibition on importing Goods of that character e.g. because the Goods contain prohibited materials such as ivory. Bidding Bidders will be required to register with us before the auction starts. We Reserve the right to impose a deadline prior to the auction by which you must register or by which we must receive an absentee bid. If you wish to bid on high value Lots this deadline may be several days before the auction in order to allow us sufficient time to carry out the necessary checks. Lots will be invoiced to the name and address on the registration form. You will need to provide us with proof of your identity in a form acceptable to us and such other information as we may require. Please enquire in advance about our arrangements for telephone or online bidding. Please note that we may refuse to register you if you do not provide us with all the information and documentation that we ask for or at our discretion. Absentee bidding You may leave Absentee bids with us indicating the maximum amount to be bid against a Lot (excluding the Buyers? Premium and/or any applicable VAT). We will execute Absentee bids as cheaply as possible having regard to the Reserve (if any) and competing bids. If two Buyers submit identical Absentee bids we may prefer the first bid received (where this can be reasonably ascertained). We recommend leaving Absentee bids online via Liveauctioneers, though please contact us about leaving bids by telephone if a live auction. All absentee bids should be received at least 30 minutes before the auction commences; we cannot guarantee to execute Absentee bids received after this time. Artist?s Resale Right / Droit de Suite Lots denoted ?ARR? are potentially subject to a levy. Droit de Suite is royalty payable to a qualifying artist or the artist?s heirs each time a work is resold during the artist?s lifetime and up to a period of 70 years after the artist?s death. Royalties are calculated on a sliding percentage scale based on the hammer price excluding the buyer?s premium. The royalty does not apply to lots selling below the sterling equivalent of E1,000 and the maximum royalty payable on any single lot is the sterling equivalent of E10,000. Droit de Suite, which is not subject to VAT, will be added to the buyer?s purchase price and then passed on to the relevant collecting agency. Please enquire for the accepted exchange rate on te day of the sale. Royalties for Droit de Suite are as follows: 4% Upto E50,000 3% E50,000.01 ? 200,000 1% E200,000.01 ? 350,000 0.5% E350,000.01 ? 500,000 0.25% In excess of E500,000 Up to a maximum levy of E10,000 IMPORTANT NOTICES Post 1950 Upholstered Furniture All items of furniture included in this sale are offered for sale as works of art. The items may not comply with the Furniture and Furnishings (Fire) Safety Regulations 1988 and for this reason, they should not be used in a private dwelling. Furniture made of Brazilian Rosewood (Dalbergia Negra) To comply with CITES Regulations on Post-1947 furniture made of Brazilian Rosewood, all post-war rosewood furniture items have Article 10 certificates. If you are purchasing rosewood furniture for commercial purposes and not solely for your own use, CITES regulations require you to obtain your own certificate. You would need to contact the Animal Health and Veterinary Laboratories Agency (?AHVLA?) and, as part of the process of obtaining your document, it is a requirement that you have seen sight of the Bellmans certificate or are aware of its reference number. It is therefore the responsibility of commercial Buyers to ensure that they obtain a copy of the appropriate certificate, or the certificate reference number, after purchase from Something To Own. Items are marked with this sign ?.