Important Information
Auction Venue is Kings Hotel, Oxford Road, Stokenchurch, Bucks. HP14 3TA and viewing is there on the day of the auction 8-30am to 12-30pm. Viewing on Thursday May 31st is at our office in Saunderton 10am -4pm.
Large, bulky lots will not be taken to the auction venue but will be at our office which is 15 minutes drive from the auction venue.
Credit cards will not be accepted for payment purposes but are accepted for registration with The Saleroom.com purposes
Terms & Conditions
SPORTINGOLD LIMITED
Terms and Conditions
1. The seller warrants to the auctioneer and to the buyer that he is the true owner or is properly authorised to sell the property by the true owner and is able to transfer good and marketable title to the property free from any third party claim.
2. If the buyer fails to pay for or to take away any lot or lots , the auctioneer as agentfor the seller shall be entitled to exercise one or other of the following rights:
a) Rescind the sale of that or any otherlots sold to the buyer who defaults and resell the lot or lots whereupon the defaulting buyer shall pay to the auctioneer any shortfall between the proceeds of that sale after deductionof costs of resale and the total sum due. Any surplus shall belong to the seller.
b) Proceed with damages for breach of contract.
3) A buyers premium of 20.4% (inclusive of VAT) of the hammer price is payable by the buyers of all lots. All winning bids received through The Saleroom.com are subject to an additional 3.6% (inclusive of VAT) premium and this also applies to any other winning bids placed via an online bidding system.
4) Postal bids are accepted and should be sent to Sportingold Ltd, Unit 7 Ministry Wharf, Wycombe Road, Saunderton, Bucks.HP14 4HW to arrive no later than 24 hours before the start of the auction. The auctioneer does not accept any responsibility for late delivery of postal bids and the decision of the auctioneer will be deemed to be final on all matters relating to postal bids. Email bids are also accepted and should be sent to info@sportingold.co.uk to arrive not later than 18 hours before the auction starts. Where possible email bids will be acknowledged but if any queries arise relating to email bids, the decision of the auctioneer will be deemed to be final on all matters relating to email bids.
5) Live telephone bidding can be arranged by contacting the auctioneer not later than two days prior to the day of the auction. All arrangements will be at the buyers risk and no guarantee is given by the auctioneer that telphone facilities will be available or working on the day of the auction. The auctioneer is not responsible for any failure to contact buyers and the decision of the auctioneer is deemed to be final on all matters relating to telephone bids.
6) The buyer is responsible for the collection of all lots purchased at the auction. Sportingbgold Ltd will at the request of the buyer post the Lots to the buyer upon cleared payment being received for the Lots purchased plus packing charge plus postage. All items mailed by any postal method or by courier or carrier are entirelys at the risk of the buyer and Sportingold Ltd are not liable for any loss or damage sustained by the Lots mailed to the buyer.
Postage will be charged at the current applicable rates for all postal or carrier/courier deliveries and a packing charge of £3 minimum will be added to the postage cost for each Individual package mailed. Lots mailed to the purchaser are mailed at the risk of the purchaser and Sportingold Ltd will not be liable to pay for any loss or damage in transit.
7) The highest bid acceptable to the auctioneer will be deemed to be the highest bidder and therefore the buyer. If during or after the auctioneer considers that a dispute has arisen or a bid missed, he has absolute authority to settle the dispute or to re-offer the lot. The auctioneer may at his sole discretion determine the advance of bidding or refuse a bid, divide any lot, combine any two or more lots or withdraw any lot without prior notice.
8) The buyer shall pay the price at which a lot is knocked down by the auctioneer to the buyer ( the hammer price) toegther with a premium of 20.4% inclusivea of VAT of the hammer price or whatever rate is currently applicable. If the buyer purchases the lot through The Saleroom.com or any similar Internet bidding platform, the premium will be 24% inclusive of VAT or whatever rate is currently applicable. The cumulative sum is referred to in these conditions as the total sum due. By making any bid, the buyer acknowledges that his attention has been drawn to the fact that on the sale of any lot, the auctioneer may receive from the seller commission at its usual rate in addition to the afore mentioned buyer premiums and assents to the auctioneer receiving the said commission.
9) The buyer shall forthwith upon the purchase provide the auctioneer with his name or paddle number and pay to the auctioneer immediately after the conclusion of the auction if present or within ten days of the auction if not present, the total sum due. Late payments will be liable to an interest charge of base rate (Lloyds bank)plus 4% from the date ten days after the auction until cleared payment is received.
10) In the event of payment not being recived, the buyer is liable for all costs incurred by the auctioneer for steps taken to enforce the contract including , but not limited to, court fees, solicitors fees, bailiffs fees, debt enforcement fees.
11) Payment will be accepted in casg, bankers draft (payable to Sportingold Limited), cheque (payable to Sportingold Limited) or debit card. Buyers will not be allowed to remove lots which they have purchased until the total sum due , in cleared funds, has been received by the auctioneer. The auctioneer may, at his absolute discretion, release lots to the buyer before cheques have cleared if prior arrangements have been agreed with the buyer to authorise this procedure.
12) Lots may be removed at appropriate moments during the sale ( at the absolute discretionof the auctioneer) provided that the auctioneer has received full settlement in cleared funds for such lots from the buyer.
13) Ownership of the lot purchased shall not pass to the buyer until the auctioneer has recived from the buyer cleared funds of the total sum due for the Lot. The buyer is responsible for insuring the goods immediately he becomes liable for the sum due for purchase of the lot.
14) Any representation or statement by the auctioneer in any catalogue, brochure, telephone conversation, email, statement or advertisement of forthcoming sales as to authorship, attribution, genuineness, authenticity, origin, date, age, provenance, conditicon or estimated selling price of any lot is a statement of opinion only. Every buyer should exercise and rely on his own judgement as to such matters and neither the auctioneer nor hics servants or agents are responsible for the correctness of such opinions. No warranty whatsoever is given by the auctioneer or the seller in respect of any lot and express or implied warranties are hereby excluded. All lots offered for sale are not covered by the Sale of Goods Act.
15) Not withstanding any other terms of these conditions, if within fourteen days of the sale, the auctioneer has received from the buyer of any lot notice in writing that in the view of the buyer, the lot is a "deliberate forgery" and within fourteen days of such notification the buyer returns the same to the auctioneer in the same condition that , considered in the light of the entry in the catalogue, the lot is a "deliberate forgery", then the sale of the lot will, at the discretion of the auctioneer be rescinded and the purchase price of the same refunded to the buyer. A "deliberate forgery" means a lot made with intent to deceive.
16) A buyers claim under clause 15 shall be limited to the amount paid to theae auctioneer for the lot and for the purpose of this clause, the buyer shall be the person to whom the original invoice was made out by the auctioneer.
17) Any lots not paid for or collected from the auctioneer within 30 days of the auction shall be liable to a storage charge at the rates applicable at the time by the auctioneer..
18) All bidders who bid for any lot in person, by commission bid, telephone bid, internet bidding platform (eg The Saleroom.com) or by any other method shall be deemed to have accepted and agreed to these terms and conditions of sale in their entirety. All lots are offered for sale strictly according to these terms and conditions of sale and no other terms shall apply.
19) These terms and conditions shall be governed by and construed in accordance with English Law.