Coins, Stamps, Jewellery and Collectibles

1. Definitions. In these conditions the representative of A. F. Brock and Co. Ltd. conducting the auction is called ‘the auctioneer’. 2. Bidders. Bidders are required to register their particulars, including full name and address, prior to participation in the auction sale. 3. General. A. F. Brock & Co. Ltd. make every effort to ensure the accuracy of their catalogue and the description of any lot, subject to the following: - (a) All items are believed to be genuine unless otherwise stated. Where the description appears within inverted commas this should be taken as to indicate that there might be some element of doubt. (b) Where an opinion is expressed as to the condition or grade of any item, in the case of numismatic items using standard British terminology, this is not to be taken as a guarantee as it is included as a guide only. (c) Where weights are quoted in brackets, gold items in grams and silver items in troy ounces, care is taken to ensure accuracy; however, these should not be taken as a guarantee. 4. The Auction. (a) The auctioneer has the absolute discretion to divide any lot, to combine any two or more lots or to withdraw any lot or lots from the sale, to refuse bids, regulate bidding or cancel the sale without giving any reason or without previous notice. He may bid on behalf of the vendor for all lots that are being offered subject to reserve or at the auctioneer’s discretion. (b) The highest bidder shall be the buyer, except in the event of any dispute or other reason arising, during or immediately after the sale of the lot, whereby the auctioneer has absolute discretion to settle it or re-offer the lot. (c) Normally, there are no reserve prices for lots in the sale, however, where any lots are put up for sale subject to a reserve price, the seller has the right to bid for them, either personally or else by any one person who may be the auctioneer. (d) All conditions, notices, descriptions, statements, and other matters in the catalogue and elsewhere concerning any lot are subject to any modifications affecting the same made by the auctioneer prior to any bid being accepted for the lot. 5. Terms. Selling commission: private vendors – 15%; trade vendors – 10%; all vendors on sales of under £100 – 20% & trade vendors, on sales under £300 – 15%. The buyers’ premium is 12.5% (eBay buyers 17.5% - to cover additional 5% charge). All charges for European Union buyers are subject to VAT @ 17.5%. 6. Recission. Notwithstanding any other terms of these conditions, if within fourteen days of the sale A.F. Brock & Co. Ltd. have received from the buyer of any lot, notice that in his view the lot is a forgery or wrongly described in the catalogue and within twenty one days after such notification, the buyer returns the same, in the same condition as at the time of the sale, within a reasonable period thereafter, by producing evidence, the burden of proof to be upon the buyer, satisfies A.F. Brock & Co. Ltd. that considered in the light of an entry in the catalogue, the lot is a forgery or seriously miss-described, then the sale of the lot will be rescinded and the purchase price of the same refunded. The vendor agrees to be bound by the decision of A.F. Brock & Co. Ltd. 7. Default. If the buyer defaults on payment for lots, the lots will be re-offered in the next sale and the buyer will be held responsible for any deficiency. 7. Collection. Buyers must satisfy themselves as to the accuracy of their purchases at the time of delivery and are responsible for the removal of all goods after the sale. 8. Absentee bidders. Commissions on behalf of bidders unable to attend the sale will always be carried out carefully and lots will always be bought as cheaply as it is allowed by such other bids and reserves, which may be on the books. Postage & packing will be charged at cost. These charges will be subject to VAT @ 17.5% for European Union buyers. 9. Value Added Tax. A. F. Brock & Co. Ltd. operates the ‘Auctioneers’ Scheme’ for VAT purposes. Therefore VAT will not be charged on the hammer price, unless the lot number in the catalogue is marked with an asterisk. Any lot in the sale where the lot number is marked thus is subject to VAT at 17.5%, which will be added to the hammer price. Persons registered for VAT purposes may claim this back as input tax. 10. Payment. Payment may be made by cash, cheques or bank transfers in GBP, Pay Pal, debit cards and all major credit cards, excluding American Express. (Cheques are accepted subject to clearance or accompanied by a guarantee card covering the total value of the transaction and credit card payments are subject to an additional 3% charge.) 11. Abbreviations. Some of the more commonly used abbreviations in the auction catalogue descriptions are as follows: AV - gold, AR - silver, AE - copper or bronze, obv. - obverse (side of coin etc. with head or main features), rev. - reverse (opposite side to obverse), g - grams and oz - troy ounces. 12. References. References used in the auction catalogue are as follows: Letter ‘S’ followed by numbers, in brackets, refers to the Spink Standard Catalogue of British Coins. Letters ‘SG’ followed by numbers, in brackets, refers to Stanley Gibbons stamp reference system. Letters ‘B’ or ‘T’ followed by numbers, in brackets, refers to Vincent Duggleby ‘English Paper Money’, 6th edition.

No taxes applicable to any goods shipped to countries outside the European Union. Value Added Tax at the current rate of 17.5% will be applied to the Buyers' Premium and Shipping Charges for goods shipped to countries within the European Union. Value Added Tax will not be charged on the hammer price, unless the lot number is marked with an asterisk. Any lots marked thus will be subject to Value Added Tax at the current rate of 17.5%, which will be added to the hammer price. Persons registered for Value Added Tax purposes may claim this back as input tax.