BUYING TERMS AND CONDITIONS

ESTIMATES & RESERVES

All lots are subject to a low and high estimate. These estimates express an opinion on the range in which we believe the hammer price is likely to fall. The estimates are only intended as a guide and items may sell above or below the estimates provided. The London Auction Rooms reserve the right to change the estimates at any time.
Additionally, each lot will be subject to a confidential reserve price, agreed in advance with the vendor, below which the item cannot be sold. The reserve price will not exceed the low estimate. Items may be sold 'without reserve', whereby there is no minimum selling price.

BUYER'S PREMIUM

All lots purchased at The London Auction Rooms are subject to the hammer price plus a buyer's premium of 20% + VAT.
Please note that any lots marked with an * in the catalogue are subject to VAT at 20% on the hammer price and any lots marked ** are subject to import VAT at 5% on the hammer price.

VIEWING & CATALOGUES

All items are displayed at the sale venue in the lead up to the auction and The London Auction Rooms strongly recommend viewing the items in person before the sale. It is the buyers responsibility for assessing the condition of items sold. Please see the relevant auction catalogue for further details of dates and times for viewing.
Auction lots may be viewed in the online catalogue up to one month before the auction date. A printable PDF auction catalogue is also available.
All items included in the sale catalogue are sold 'as is'. Catalogue descriptions are included based upon opinions and should not be relied upon as statements or representations of fact. The London Auction Rooms make no guarantees, warranties or representations, expressed or implied, with respect to the items for sale, as to the correctness of the catalogue descriptions or other descriptions of the authenticity, attribution, condition, origin, size, quality, rarity, importance, provenance, period, age or historical relevance. No statement, whether oral or written, shall be deemed such a guarantee, warranty or representation.

BIDDING IN ROOM

You may wish to attend the auction in person and bid in the room. Please allow time to register for a paddle, which is required in order to make bids in the room.

ABSENTEE BIDS

If you are unable to attend the auction then you may leave an absentee bid in the form of a written commission bid or by requesting a telephone bid. If you submit a commission bid, the auctioneer will bid on your behalf, in order to obtain the item as cheaply as the other bidding allows, and up to a maximum of the bid left. By requesting a telephone bid, you will be contacted by a member of staff for your requested lots and bidding will be relayed to the auctioneer.
Please email your request for absentee bidding to info@thelondonauctionrooms.com including your contact details, lot numbers / details of items that you wish to bid on, your maximum bid (for commission bids) and a telephone number for the sale day (for telephone bids).
The London Auction Rooms is not responsible for failure to execute any bid for any reason.

TERMS OF SALE

The highest bidder is deemed to be the buyer. Any disputes with the bidding will be settled by the auctioneer, and the auctioneer's decision will be final. The London Auction Rooms reserve the right to withdraw, consolidate, divide or alter the order of any lots, and to reject any bid for any reason.

PAYMENT

All items purchased at The London Auction Rooms are payable immediately following the conclusion of the auction. The London Auction Rooms accept payment by bank transfer, debit card, credit card (2.5% + VAT surcharge), cheque and cash (up to £5,000). Please note gold and silver buyers will need to pay for their lots by Bank Transfer. Please contact the auction house directly for The London Auction Rooms Ltd account details. Items will only be released once payment has been received in full. If payment is not received with one week of the sale date, The London Auction Rooms reserve the right to declare the sale null and void.

COLLECTION AND SHIPPING

All items successfully purchased at auction must be collected within one week of the sale date at the buyer's expense. Delivery of the items can be arranged by The London Auction Rooms if required. We can arrange shipping the cost of which will be born by the buyer.
If any damage is sustained to an item purchased, prior to collection, by means of theft, breakage or other means, The London Auction Rooms reserve the right to render the sale null and void, without further liability.

ONLINE BIDDING

The London Auction Rooms Ltd offer an online bidding service via the-saleroom.com for bidders who cannot attend the sale. In completing the bidder registration on www.the-saleroom.com and providing your credit card details and unless alternative arrangements are agreed with The London Auction Rooms Ltd:

1. Authorise The London Auction Rooms Ltd, if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased in the auction via the-saleroom.com, and

2. Confirm that you are authorised to provide these credit card details to The London Auction Rooms Ltd through www.the-saleroom.com and agree that The London Auction Rooms Ltd are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale.

Please note that any lots purchased via the-saleroom.com live auction service will be subject to an additional 3% commission charge + VAT at the rate imposed on the hammer price.