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bentley priory - Spink

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DATE<br />

SALE NO.<br />

Thursday 6 September 2012 12044<br />

at 2.00 p.m.<br />

PLEASE PRINT CLEARLY IN BLOCK LETTERS AND ENSURE THAT BIDS ARE IN STERLING<br />

Lot Number<br />

(in numerical order)<br />

Price Bid £<br />

(excluding Buyer’s Premium)<br />

Lot Number<br />

(in numerical order)<br />

Price Bid £<br />

(excluding Buyer’s Premium)<br />

Lot Number<br />

(in numerical order)<br />

Price Bid £<br />

(excluding Buyer’s Premium)<br />

BIDDING INCREMENTS<br />

Bidding generally opens below the low estimate and advances in the following order<br />

although the auctioneer may vary the bidding increments during the course of the<br />

auction. The normal bidding increments are:<br />

Up to £100 by £5<br />

£100 to £300 by £10<br />

£300 to £600 £320-£350-£380-£400 etc.<br />

£600 to £1,000 by £50<br />

£1,000 to £3,000 by £100<br />

£3,000 to £6,000 £3,200-£3,500-£3,800-£4,000 etc.<br />

£6,000 to £20,000 by £500<br />

£20,000 and up Auctioneer’s discretion<br />

VAT is chargeable on the hammer and<br />

the premium of daggered (†) and (Ω)<br />

lots at the standard rate (currently<br />

20%), and on lots marked (x) at the<br />

reduced rate (currently 5% on the<br />

hammer and 20% on the premium).<br />

VAT on Margin Scheme lots is payable<br />

at 20% on the premium only.<br />

REFERENCES REQUIRED FOR CLIENTS NOT YET KNOWN TO SPINK<br />

TRADE REFERENCES<br />

BANK REFERENCES<br />

________________________________________________________________________________________<br />

_____________________________________________________________________________________________________

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