GENTS LONGINES WRIST WATCH

INFORMATION FOR BUYERS

Buyers Premium

Charged at 20% plus VAT.

Lots purchased via the-saleroom.com which will be charged at 24.95% plus VAT.

Payment

Attention is drawn to the Auctioneers Conditions of Sale in this catalogue. In particular, it is emphasised that all accounts must be settled on the day of sale.

In completing the bidder registration on www.the-saleroom.com and providing your debit card details you:

(i) authorise the auctioneer, to charge the debit card given in part or full payment, including all fees, for items successfully purchased.

(ii) authorise the auctioneer to take payment as stated above at the completion of the auction.

(iii) confirm that you are authorised to provide these debit card details to the auctioneer, and have sufficient funds to complete the transaction.

(iii) agree to abide by the auctioneers conditions of sale and special terms and conditions as stated in these particulars and on the-saleroom.com website

Commission bids

Purchasers unable to attend the sale may leave written instructions to bid with the auctioneers by completing an appropriate commission bid form. 

The Auctioneers will provide condition reports on any lots requested up to close of business on the day prior to the sale.

 Debit Cards

The Auctioneers are able to accept payments by debit cards only. Credit Cards are not accepted.

Cheques

Will be accepted from purchasers in payment of their accounts, but in all cases removal of lots will not be permitted until cheques have been cleared through the bank. It is therefore particularly emphasised that purchasers wishing to take their lots on sale day should be prepared to pay in cash, or by debit card or bankers draft. Ownership of goods, whether removed or not, will not pass to the purchaser until his cheque has cleared through the bank.

Bank Transfer Details for Payments

Sort code:                    20-07-82

A/C:                             Warwick Auctions

A/C No:                       60309176

Iban:                           GB09 BARC 2007 8260 3091 76

Swift Bic:                    BARCGB22

The Auctioneers reserve the right to refuse any cheques.

Clearance

The lots must be paid for and cleared away from the premises, at the purchasers expense and risk, not later than 12 noon on the day following the sale in default of which the auctioneer will not hold himself in anyway responsible if the lots be lost, stolen, damaged or destroyed and they will remain at the sole risk of the purchaser. Any damage caused by removal or otherwise must be made good by the person committing the same, principals being considered responsible for the acts of their servants, such damage to be assessed by the Auctioneer. The Auctioneers may also levy a storage charge on items not cleared by this time. Any lots uncleared by the appointed time, agreeable with the conditions, will be forfeited, and may be resold or warehoused at the expense of the purchaser.

COLLECTION OF LOTS

BUYERS SHALL PAY FOR AND REMOVE LOTS AT THEIR OWN RISK WITHIN 7 WORKING DAYS OF THE AUCTION.

 AFTER WHICH TIME A STORAGE CHARGE OF £5 PLUS VAT PER DAY WILL BE APPLIED.

IF AFTER 28 DAYS OF THE AUCTION PURCHASED LOTS STILL REMAIN  UNCOLLECTED THE LOTS WILL BE RE- ENTERED INTO AUCTION.

THE ORIGINAL PURCHASER WILL BE REIMBURSED WITH THE SUBSEQUENT/RE-SALE HAMMER PRICE LESS STORAGE EXPENSES INCURRED, COMMISSION, LOT FEES AND VAT (ASSUMING CLEARED PAYMENT HAS BEEN RECEIVED).

Transport

Clients requiring delivery of their purchases should enquire at the office

CONDITIONS OF SALE

Affecting purchasers and others attending the sale premises.

1. Purchasers will be deemed:

a) To have inspected their lots prior to the sale; and b) To have accepted that lots are sold with all faults and imperfections specifically mentioned or not irrespective of whether they bid in person, by commission or through an agent.

2. All goods are second hand and sold without warranty unless otherwise stated in the sale catalogue or by the auctioneer from the rostrum. Any implied warranty, condition or other term is excluded except where to do so would be unlawful.

3. The auctioneers undertake that care has been taken to see that catalogue descriptions are accurate and reliable however these are matters of opinion only and shall not be taken to be statements of fact.

4. The auctioneers act as agents to the vendor and shall not incur liability to any purchaser for any statement, representation or warranty as to title, quality or otherwise of any lot made on behalf of and with the vendor’s authority. Likewise the auctioneers shall incur no liability to a purchaser arising from any defect in goods sold save in the event of negligence on the part of the auctioneers or their employees. Any liability therefore shall be a matter for dispute between purchaser and vendor only. 

5. The auctioneers reserve on behalf of themselves and the vendors the following rights:

a) To sell subject to a reserve price b) To bid on behalf of a vendor and/or purchasers c) To refuse any bid d) To rearrange, consolidate, divide, add or withdraw any lots or vary the order of the sale. e) To exclude any person from the premises if there be good reason to do so.

6. The auctioneer shall regulate the bidding and shall determine from time to time the appropriate increment needed to advance the bidding.

7. The person making the highest accepted bid shall be the purchaser as defined in these conditions.

8. If a dispute arises as to any bidding then at the discretion of the auctioneer either. a) The lot to which the disputed bid relates shall immediately be put up again, or b) The auctioneer shall determine the dispute and his decision shall be final and binding on all parties

9. a) At the fall of the hammer the purchaser is required to give his own name (or where applicable his paddle number). If he has bid on behalf of another person, company or organisation he should make this clear to the auctioneer at the time. If he fails to do so then he will be held personally liable for the purchase under the terms of these conditions. b) If, and as required by the auctioneer at the fall of the hammer the purchaser shall also give his address and/or the address of his principal and/or pay to the auctioneer all or part of the purchase price plus VAT and buyers’ premium. c) Any such payment made at the fall of the hammer may be treated, at the auctioneers’ discretion, as a general deposit against all purchases, made by that purchaser on the day. d) All lots must be paid for in cash, or in other manner acceptable to the auctioneers, on the day of sale and before delivery is given. e) Failure by the purchaser to comply with sub clause (a) and (b) shall entitle the auctioneer to cancel the sale and, at his discretion, to immediately re-offer the lot in question for sale by auction.

10. No transfer of lots or sub-sale by any purchaser is recognised by the auctioneers. Purchasers shall remain liable under these conditions in respect of their own purchase under the hammer.

11. Private treaty sales shall be subject to these conditions of sale where applicable.

12. All lots will be at the purchaser’s risk from the fall of the hammer. Purchasers are therefore advised to check that they have adequate insurance cover.

13. Purchasers who pay by cheque will not normally be permitted to remove goods until their cheques have cleared through the bank. Whether removal is permitted or not, ownership of goods will not be deemed to pass to the purchaser until his cheque has cleared.

14. All lots must be cleared from the sale premises at the purchaser’s expense by the time stipulated or agreed by the auctioneers.

15. a) If a purchaser fails to comply with any of the preceding conditions the auctioneers may cause the lot in respect of which the failure is made to be resold by public or private sale without warranty or reserve and without notice to the purchaser. b) If upon resale as aforesaid a lower price is obtained for any lot than was obtained on the first sale, the difference in price together with all costs and charges attending the resale shall be a debt due from the purchaser in default at the first sale. c) Alternatively the auctioneers may, at their discretion,store the lot and recover reasonable charges for so doing from the purchaser.

16. Intending purchasers must satisfy themselves by inspection or otherwise as to the physical condition of any lot whether or not any lot has been damaged or repaired.