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Bidders Terms Continued:
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.
PRE-SALE AND DESCRIPTIONS
: Statements made by us in auction lot descriptions, and in reply to pre-sale enquiries, regarding
authorship, origin, age, size, condition, genuineness, authenticity or value are intended as a guide only. These are statements of opinion
and should not be relied on as statements of fact.
The absence of any description of a defect, damage, modification or restoration in any description or report does not imply that there are
none. It is the responsibility of the bidder to assess the condition of auction lots prior to bidding.
We reserve the right to alter published descriptions of auction lots prior to sale. Such changes may be published on our website, displayed
at the auction, announced by the auctioneer prior to the sale and/or communicated in any other manner.
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 17.25% 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 Lockdale Coins Ltd. 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 Lockdale Coins Ltd: National Westminster Bank, Tavern St, Ipswich, Suffolk, UK, IP1 3BD
GB £ Sterling
: Account: 64217752 Sort Code: 536124 IBAN: GB10NWBK53612464217752 BIC: NWBKGB2L
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 3 weeks 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.