Sale Terms and Important Information

Terms & Condition for Buyers

Payment
For those attending the sale we ask that all lots are paid for in full within 14 days of the sale, non-payment after a month of the sale will result in the lots being returned to vendors.

Our terms are cash, credit card or debit card. We are unable to accept cash payments in excess of £5000. Cheques must be cleared before the removal of goods.

Estimates

Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. They are in no case definitive.

Buyers Premium and Vendor information

Buyers to pay a premium of 25% includsive on the hammer price of each lot purchased, removal of goods from auction will cost £25 a lot due to the time taken to research and list said lots. 

Further Conditions

Further conditions apply, such as; Commission Bidding, Telephone Bidding & Online Bidding (through www.the-saleroom.com).  Full terms and conditions are available to view on our website at www.jamesandsonsauctioneers.com or in our offices (address at bottom of page).

Returns Policy

We do not accept any returns on specifically German medals and Militaria. These items are considered ‘sold as seen’ and should only be bought in full knowledge and acceptance of these terms. Neither do James and Sons accept returns of bulk lots. Please ensure you have viewed items thoroughly.

Caveat Emptor
The buyer must fully satisfy themselves as to the description, genuineness; condition or value of any lot(s) and shall not rely upon Catalogue, images or upon any statement made by James and Sons regarding any lot.

Shipping – UK only Shipping will be charged at standard Post Office rates plus packaging unless otherwise stated. All items over £35 will include an insured rate. Heavy and fragile items will need to be collected.

Overseas Buyers – must arrange a courier to pick-up goods or alternatively give us a UK address to post to. We ask that we are notified via email the week before the courier arrives so goods can be made ready for collection.

Seller

Lotting Fees and Seller’s commission.

General Sales: A charge of £5 is payable for every individual lot entered, per sale.

Antique / Fine Art Sales: A charge of £5 is payable for every individual lot entered, per sale.

Lot Fees are payable whether item sells or not.

If an item sells, a seller’s premium at the rate of 20% inclusive of the hammer price of each lot is also payable by the seller to James and Sons.

Once this contract has been signed the vendor is entitled to a seven day ‘cooling-off period.’

The vendor retains the right to withdraw their item/s up to and including the seventh day from the date the contract was signed. This action will incur a fixed charge of £25 per lot, plus the costs of any return postage & packaging (should the vendor be unable to collect). Once the ‘cooling off period’ has elapsed, James and Sons will catalogue the consignment ready for auction.

Items may not be withdrawn once the above ‘cooling-off’ period has elapsed.

Payment to the vendor of the final sales proceeds minus charges will be sent approximately thirty-two days after the day of sale. Payment to the vendor may be delayed if payment has not been made by the purchaser in due course. James and Sons endeavours by every means at our disposal to secure payments from auction bidders. On the rare occasion that payment from the bidder cannot be secured then the relevant item/s must be considered unsold.

Reserves

If you do not wish to sell an item below a certain price, you can agree a reserve price on the item with James and Sons Auctioneers. All goods are automatically offered for sale WITHOUT RESERVE unless specifically agreed in writing with James and Sons Auctioneers before the start of the sale. If set, the reserve will only apply to the first sale which the item is entered. If a lot is unsold the reserve price will automatically be dropped by at least 20% or the nearest lowest bid for a second sale, unless specifically agreed to the contrary in writing with James and Sons Auctioneers.

James and Sons Auctioneers may at its option sell at a hammer price below the reserve, provided that James and Sons Auctioneers pay the seller the sale proceeds which the seller would have received would such lot have sold at the reserve price.

Unsold Lots

If you do not wish to drop the reserve for a second sale, the item (s) must be collected before it is lotted up in the next sale (within 28 days of the first sale.) If items are unsold after 2 sales, the seller must contact James and Sons Auctioneers within 28 days to collect these items and pay the lotting up fees applicable or the lot may be entered into subsequent sales with NO reserve.

Storage

If the seller fails to make specific arrangements for collection of the lot(s) within five days of the sale, James and Sons Auctioneers shall charge storage fees of £1 per lot per day until collected by the seller. James and Sons Auctioneers also reserve the right to dispose of any items still uncollected after five days following a sale, and a minimum charge of £20 will be made of this disposal.

Instructions

As James and Sons Auctioneers are auctioneers all goods delivered their premises or collected on behalf of James and Sons Auctioneers will be deemed to be for sale by auction unless otherwise agreed to the contrary in writing. All goods will be entered into those sales that James and Sons Auctioneers consider suitable, and sold at the auctioneer’s discretion. Any items considered unsuitable for by James and Sons Auctioneers will be disposed of, and any costs incurred charged to the seller.

Catalogues

James and Sons Auctioneers sales are fully catalogued. Lots are also catalogued online and available to a vast number of potential buyers. Where appropriate James and Sons Auctioneers take digital photographs to illustrate these catalogues. All sales are also well advertised in the local press and in specialist publications to ensure the largest possible number of interested people see the items. General sales are uncatalogued.

Private Sales

If a lot fails to reach its reserve, the seller authorises James and Sons Auctioneers for a period of 35 days following the auction to sell the lot privately for a price that will result in a payment to the seller not less than the net amount (after payment to James and Sons Auctioneers of the sellers commission, buyers premium and expenses) to which the seller would have been entitled had the lot been sold to a price equal to the reserve.

Settlement After The Sale

Settlement of vendor proceeds is usually made 35 working days after the auction date subject to cleared funds from purchaser. Where some items remain unsold settlement in full will be paid once these items have been sold and the account has been reconciled. Where net sale proceeds are in excess of £2 sterling a cheque will be printed and posted to the seller at the seller’s risk.

Preparation For Sale

James and Sons Auctioneers have sole and absolute discretion regarding the grouping of property into lots and in deciding which sale a lot shall be entered into.

Risk of Loss or Damage / Insurance Charges

The seller authorises James and Sons Auctioneers to assume at a charge of 1% of the reserve price of each lot, (or 1% of the hammer price, whichever is greater) the risk of loss or damage to the property from the time of James and Sons Auctioneers receipt of such property until risk of loss or damage to the property passes on to the buyer as set forth in condition (4), or the unsold items are collected by the seller, unless specifically agreed to the contrary in writing.

Withdrawn lots

A MINIMUM charge of £25 per lot OR 10% of the reserve (whichever is greater) will be levied for any withdrawn lots. The seller may not withdraw property from the sale after the date on which the catalogue is sent to print. James and Sons Auctioneers may withdraw lots from the sale without any liability to the seller if James and Sons Auctioneers believe that (i) There is doubt as to its authenticity or attribution, (ii) any of the sellers’ representatives or warranties are inaccurate in any way, or (iii) the seller breaches any provisions of the conditions of sale.

Agreement

Each seller, by entering items for sale with James and Sons Auctioneers acknowledges his or her acceptance of James and Sons Auctioneers full conditions of sale, and the terms of any notices and other conditions in the sale catalogue.

Collection of goods

Where items have been collected by James and Sons Auctioneers, a collection charge of a minimum of £50 will be levied, unless otherwise stated in writing by James and Sons Auctioneers.

Shipping

Shipping will be charged at standard Post Office rates plus packaging unless otherwise stated. All items over £35 will include an insured rate. Heavy and fragile items will need to be collected.