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Bidders Terms
ARTIST RESALE RIGHT
may apply to some lots. The buyer pays an additional 4% on the sale price for works of art
selling between 1000 to 50,000 Euros (lesser percentages may apply in higher brackets). This is payable to a living artist or to
his or her estate in accordance with European directive 2001/84/EC
ESTIMATED VALUES:
The estimated values shown after each lot are the auctioneer’s opinion of what each lot may realise.
The price realised may be in excess of this figure, it may also be less than.
POSTAL BIDDING:
You may bid by mail before the sale. Please use the form provided. Enter the maximum you are
prepared to offer for each lot and the auctioneer will represent you. Lots are knocked down at one step above the next
highest bid, and not necessarily your highest bid. For example: Your highest bid is £110 and the next highest bid is £80: the
hammer price is £85. It is the responsibility of the bidder to check details of bids placed. All bids will be held valid even if
placed in error. The auctioneer will not be responsible for mistakes by the purchaser.
Lots purchased on behalf of postal
bidders will be forwarded by the most practical method at the risk of the purchaser. Postage, packing, freight and insurance
costs or part thereof shall be borne by the purchaser.
Each lot is sold as genuine unless otherwise described in the sale catalogue.
Any lot listed under collections and various or stated to comprise or contain a collection that is under-described shall be put
up for sale not subject to rejection and shall be taken by the purchaser with all (if any) faults. Lots offered “as is” or “offered
on their merits” may contain items that are not genuine and therefore may not be returned for any reason.
E-MAIL & INTERNET BIDS:
Bids by E-mail, or via our internet bidding form at
www.lockdales.comwill be accepted up
to 2.30pm prior to the date of sale. Any bids received after that time will not be valid unless Lockdales have specifically
acknowledged the bids by returning confirmation prior to the commencement of the sale. Any bid made by electronic means
should be acknowledged by 3.00pm on the day prior to the sale – if confirmation has not been received please telephone to
confirm bids, between 3.00pm and 4.30pm. In all other respects the receipt of electronic bids will be dealt with in the same
manner as postal bids, as detailed in the section dealing with postal bidding above.
TELEPHONE BIDS:
Telephone bids may be made. We do not accept any responsibility for errors made in taking bids,
especially by telephone, though every effort is made to ensure accuracy.
INVOICE & PAYMENT:
Successful postal bidders will be sent a Pro Forma invoice immediately after the sale with details
of payment methods. All invoices must be paid within seven days of the sale or the lot(s) may be deemed in default and any
subsequent loss incurred on resale becomes the responsibility of the bidder.
ROOM BIDDERS:
Room bidders must register and obtain a bidding number on arrival. If successful in obtaining a lot,
please ensure that you display your bidding number clearly to the auctioneer and that it is your number that is called out. If
you have any doubt about the price or buyer: please draw this to the auctioneer’s attention immediately. Room bidders may
settle their invoices on the day of sale, or within seven days at our offices. You may pay for and collect your purchases at any
time during the sale.
A Buyers Premium of 15%+VAT will apply to all lots.
AUCTIONEER:
The bidding advances shall be regulated by the auctioneer and shall be at his discretion. He has the right to
refuse any bids.
The auctioneer reserves the right to bid on behalf of clients and vendors, but shall not be liable for errors or
omissions in executing instructions to bid. The auctioneer acts as agent only, and shall not be liable for any default of the
purchaser or vendor.
Methods of Payment
£ cash and cheques made payable to Lockdales Antique Auctions. If you wish to pay by US$ or Euros we accept this in cash
form only. Otherwise please negotiate payment with your bank by British Pound Sterling.
All major credit cards and debit cards. There is an additional charge of 2.5% for payments made by credit card and non-UK
debit cards (no extra charge for UK debit cards).
PAYPAL:
Our Paypal address is the same as our email:
sales@lockdales.comAn extra charge of 4% must be added if you
wish to pay by this method. You must pay in Pound Sterling through Paypal.
£ Transfer:
to Lockdales Antique Auctions Ltd: National Westminster Bank, Tavern St, Ipswich, Suffolk, UK, IP1 3BD
GB £ Sterling: Account: 64462404 Sort Code: 536124 Lockdales Antique Auctions VAT Number: 123739123
When paying by Bank Transfer the customer must cover the banking charges. Include your name and bidder number when
sending instructions to the bank, and please inform Lockdales of your decision to pay by Sterling transfer.
If purchases are not collected, or postal arrangements made, within a period of 14 days after the auction
we reserve the right to charge storage fees based on the size and value of items.
By the act of bidding in our auction you therefore agree to these terms and conditions.