KIDSON-TRIGG OCTOBER ORIENTAL AUCTION

If you are buying at Kidson-Trigg, you are signing up to the following Conditions of Sale: CONDITIONS REPORTS CLOSE ON MONDAY 6PM. WE DO NOT DO CONDITION REPORTS ON MORNING OF SALE If you are buying online with LIVE AUCTIONEERS, please note: OUR BUYERS PREMIUM IS 19% +vat (22.8%INCLUSIVE) PAYMENT BY BANK TRANSFER ONLY AND PURCHASER RESPONSIBLE FOR ALL BANK CHARGES. · NO one will be registered for bidding unless we have proof that you are able to pay - we need three names of other UK auction houses who you regularly buy with · PAYMENT: only by BACS wire transfer (all bank charges at both ends are the responsibility of the buyer) · CONDITION REPORTS: you must ask for them - especially on the ORIENTAL LOTS · Payment and Collection: is 3 working days unless who phone and make alternative arrangements. (otherwise storage charges apply). · POSTAGE & PACKING: Sadly we don?t offer an in-house packing service, we recommend MailBoxes in Swindon ? welcome@mbeswindon.co.uk) · (all buyers sign up to THE FOLLOWING TERMS & conditions and must read them prior to bidding) 1. Purchasers in the room must bid by number and register before bidding. Persons unknown must provide identification either driving licence or passport, together with a copy of current utility bill. Bidders must inform the Auctioneers if they are bidding for a third party. 2. A BUYERS PREMIUM OF 17.5% + vat will be charged on the hammer price. (BUYING ON THE INTERNET HAS AN EXTRA 3% +VAT CHARGE) 3. All persons attending the sale do so at their own risk and neither the Auctioneers, nor the vendors shall be responsible for any loss, accident, and injury to persons or property, howsoever caused 4. In as much as the Auctioneers act as agents for a disclosed principal they shall not be considered personally responsible for any default on the part of the Purchaser or Vendor and the remedy shall be against them only and not against the Auctioneers. 5. PAYMENT becomes due on the fall of the hammer. o c. BACS inter bank transfer. Lloyds Bank TSB, Old Town Swindon, Wiltshire. Sort Code: 30 98 41 Account No.04887132IBAN No. GB 09 LOYD 3098 4104 8871 32BIC LOYDGB21106 6. Buyers shall at their own risk and expense take away any lots that they have purchased and paid for not later than 2 working days following the day of the auction, after which they shall be responsible for any removal, storage and insurance charges. Goods can be retained by the auctioneer?s pending cheque clearance. 7. No items will be removed without an Auctioneers receipt which will be checked on exit. Please make arrangements with the Auctioneers if you cannot collect goods purchased prior to 5pm on the Friday following the sale. Goods remaining on the premises are entirely at the risk of the purchaser. and if not collected within 2 weeks will be subject to a storage charge. all goods cleared within 3 working days. Unless prior arrangement is made with the auction office, we will make a handling and storage charge of £5 per lot per day. 8. Whilst goods are the responsibility of the purchaser on the fall of the hammer, title does not pass and is reserved by the vendor until the auctioneers have received payment either in cash or cleared funds. 9. Every effort is made to ensure the accuracy of the description of each lot and whether made in the catalogue or orally are expressions of an opinion and not representation of fact. No employee of the Auctioneers has any authority to make any representation of fact and the Auctioneers disclaim on behalf of the Vendor and themselves responsibility for their opinion of age, authenticity, condition and provenance of any lot and under no circumstances will a sale be rescinded based on ?differing opinion? claimed by the purchaser. 10. Purchasers are deemed to have satisfied themselves by inspection prior to the sale as to the quality, condition and description of each lot which is sold with all faults and imperfections as seen. Purchasers should be aware that the Auctioneers do not normally state any damage or restoration because such implies that all other items are perfect. Notwithstanding this condition, if a Purchaser claims any items to be a deliberate forgery or other such reason, any claim must be made within 5 days of the Sale, after which time the Auctioneers will not entertain any claim. 11. The bidding is to be regulated by the Auctioneer, the highest bidder shall be the purchaser. If any dispute should arise between two or more bidders, the lot in dispute will be immediately put up again and resold. The Auctioneer will settle any dispute, of whatever nature either during or after the sale, whose decision will be final and binding upon all parties. 12. Where items are subject to a reserve price, the auctioneer reserves the right to bid on behalf of the vendor up to the reserve price and in such cases the vendor may not also bid. 13. REMEDIES FOR NON PAYMENT or failure to collect purchases If any lot is not paid for in full and taken away in accordance with these Conditions, or if there is any other breach of these Conditions, Kidson-Trigg as an agent for the seller shall at its absolute discretion and without prejudice to any other rights it may have, be entitled to exercise all or any of the following rights and remedies: to proceed against the buyer for damages for breach of contract; to rescind the sale of that lot and/or any other lots sold by Kidson-Trigg to the defaulting buyer; to re sell the lot (by auction or private treaty) in which case the defaulting buyer shall be responsible for any resulting deficiency in the total amount due(after crediting any part payment and adding any resale costs). Any surplus so arising shall belong to the seller; to remove, store and insure the lot at the expense of the defaulting buyer and, in the case of storage, either at Kidson-Trigg premises or elsewhere; to charge interest at a rate not exceeding 1.5% per month on the total amount due to the extent it remains unpaid for more than 2 working days after the sale; to retain that or any other lot sold to the defaulting buyer until that buyer pays the total amount due; ? to reject or ignore bids from the defaulting buyer at future auctions or to impose conditions before any such bids shall be accepted; ? to apply any proceeds of sale of other lots due or in future becoming due to the defaulting buyer towards the settlement of the total amount due and to exercise a lien on any of the buyer?s property in Kidson-Trigg possession's for any purposes. 14. RELEASE OF GOODS .Goods will not be released until full cleared payment has been received Goods will only be handed over on sight of a paid invoice. If a paid invoice is not produced, written authority from the purchaser and confirmation of all funds cleared for payment of the accounts, will be required before release When goods are collected by a non recognised courier, photo identification will be required a copy of which will be taken along with a note of the registration of the vehicle used The entire sale is conducted under the auctioneers margin scheme where VAT on the buyers premium is not reclaimable.