Fine Modern & Antique Guns

Holt's charges a premium to the buyer on the hammer price of each lot sold at the following rates: 25% up to and including £5,000 22.5% of the excess of the hammer price above £5,000 and up to and including £75,000 20% of the excess of the hammer price above £75,000 VAT is payable on the premium at the applicable rate. VAT is also applicable to the hammer price when stated at the foot of the lot description as follows: Items marked ? are subject to 20% VAT on the hammer price under the prevailing UK VAT rule concerning newly manufactured goods. Items marked * are subject to 5% VAT on the hammer price as an antique import. Items marked ** are subject to 20% VAT on the hammer price as a modern import. Where imported goods are purchased the following rules apply: For UK VAT registered buyers buying in the course of their business - upon production of the buyer's VAT registration number, the VAT on the hammer price is payable to Holt's but HMRC will allow its refund by way of a VAT input tax deduction. A C79 will be issued by HMRC to the buyer following purchase. For non UK EU VAT registered buyers buying in the course of their business - upon production of the buyer's VAT registration number, the VAT on the hammer price is not payable to Holt's. They must declare the purchase in their own member state and follow the appropriate procedure. Where goods are exported to outside of the EU, refund of the VAT on the hammer price and the buyer's premium will be made by Holt's providing the UK Customs declaration has been completed and proof of export given to Holt's. Buyers should satisfy themselves that any intended purchase can be legally imported into their country of residence, and that they have any relevant authorisation for possession in that country. Where non imported goods are exported to outside of the EU, Holt's will refund the VAT on the buyer's premium providing the UK Customs declaration has been completed and proof of export given to Holt's. With the exception of exported goods, VAT included in the buyer's premium is not recoverable (Notice 718:Auctioneers' Margin Scheme). For further assistance with any of the above please contact Holt's Account Department. Purchasers must hold a valid licence to possess the item they are bidding on unless prior arrangements have been made with Holt?s to store the item on their behalf whilst variations are sought. This may incur a nominal storage charge. Section 5 items may only be bid on by current Section 5 licence holders without exception. A valid Section 5 authority must be produced in order to view prohibited weapons. Overseas buyers should be aware that items classified as Section 5 prohibited weapons under UK law will incur additional shipping charges regardless of their classification outside the UK. Unless prior arrangement has been made, two weeks after the Sealed bid sale, all Section 5 (and Section 7.1 / 7.3) items will be moved to a Section 5 carriers where storage charges will be incurred. Goods will not be released until all outstanding charges have been met. Collection will be by arrangement. Buyers should make arrangements with Mrs Laura Arnold in advance of the sale date should they wish to pay by cheque. All major debit and credit cards accepted. There is a 3% fee for all credit cards, 4% for American Express. Purchasers are responsible for shipping charges and licensable items can only be sent to a registered RFD. Purchases may be collected on the day of the sale or by appointment from our gunroom in Norfolk. Cleared funds need to have been received and the necessary licence produced. It may be possible by prior arrangement (minimum seven days notice) to organise collection from a valuation day or delivery to a Registered Firearms Dealer. Holt's request that arrangements for collection be made within one calendar month from the sale. Items not collected after one calendar month following the sale will incur a storage charge of £1 +VAT per day per item unless express arrangements to the contrary have been made beforehand with Holt?s. Buyers of items covered by Section 7 should refer to chapter 9 of the Home Office ?Firearms Law ? Guidance to the Police? for eligibility and restrictions. We are unable to send ammunition and cartridges by postal courier. Holt's Auctioneers deal in GBP only. _______________________________ Proof and Condition of Firearms Please note that the descriptions of firearms in the catalogues are restricted to external examination and the status of proof. Firearms are not stripped as a matter of course and it is recommended that any purchase is stripped and cleaned and that the firing and safety mechanisms are checked by a qualified gunsmith before use. Firearms sold with a Certificate of Unprovability or Proof Exemption have been examined by a Proof House but not subsequently proved. These firearms are being sold as items of interest or curiosity and are not to be considered as safe to use.