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IMPORTANT INFORMATION FOR BIDDERS AND BUYERS<br />

TERMS & CONDITIONS<br />

Each auction is prepared in advance and is on public view at the saleroom for one day before the sale, and the<br />

morning of the sale. No passes or appointments are required.<br />

conditionS oF buSineSS<br />

All lots are offered subject to Catherine Southon Auctioneers & Valuers Ltd’s<br />

Conditions of Business.<br />

eStiMateS and ReSeRveS<br />

Estimates are published as a guide only and are subject to review. The actual<br />

hammer price of a lot may be higher or lower than the range of figures given<br />

and there are no predetermined starting prices. Estimates may be subject to<br />

revision. Published estimates are exclusive of buyer’s premium and VAT.<br />

All lots are subject to reserves. The reserve price is never higher than the low<br />

pre-sale estimate.<br />

buYeR’S PReMiuM and vat<br />

A buyer’s premium of 21.6% is applicable to all the lots in this sale.<br />

The buyer’s premium is inclusive of VAT at the current standard rate (20%).<br />

Lots are normally offered for sale under the auctioneers margin scheme and<br />

VAT is payable on the buyer’s premium by all buyers.<br />

Lots marked with a dagger † will be offered under normal UK VAT rules and<br />

VAT will be charged on both the hammer price and the buyer’s premium.<br />

PRe-Sale eXhibition<br />

All auctions are on public view the day before the sale and on the morning<br />

of the sale.<br />

condition RePoRtS<br />

All prospective bidders are encouraged to attend the pre-sale exhibition<br />

and view the lots in person. If this is not possible, we will be pleased to<br />

provide a brief condition report where practical. All condition reports are<br />

provided in good faith. Buyers are reminded that it is their responsibility to<br />

satisfy themselves of the condition of lots. All weights and measurements<br />

are approximate only. Please refer to Conditions of Business for further<br />

information.<br />

bidding in PeRSon<br />

To bid with us you must register to obtain a bidding number. You will be asked<br />

to provide proof of identity. All lots sold will be invoiced in the name and<br />

address in which the paddle has been registered and will not and cannot be<br />

transferred to other names or addresses. If you instruct an agent to bid on<br />

your behalf, you will need to provide a letter of authority to this effect.<br />

abSentee & telePhone bidding<br />

Catherine Southon Auctioneers & Valuers Ltd is pleased to execute bids<br />

on behalf of clients unable to attend the sale in person. All bids should be<br />

submitted in writing and in good time, no later than 4.00pm on the day prior<br />

to the sale. No absentee or telephone bidding requests will be accepted<br />

without a landline telephone number. Lots will be purchased as cheaply as<br />

possible (subject to other bids received, reserves and competition in the<br />

saleroom). It will be possible to arrange auction room telephone bidding, but<br />

subject always to the availability of lines and staffing. These services are<br />

offered free of charge and are subject to our Conditions of Business.<br />

PaYMent<br />

Payment is due in sterling immediately after the sale and before purchases<br />

can be released. Payment in person can be made in the saleroom on the day<br />

of the auction. After this, payments must be made by post, card transactions<br />

by telephone or electronic transfer to our bank. Catherine Southon<br />

Auctioneers & Valuers Ltd welcomes the following methods of payment:<br />

cRedit/debit caRd<br />

We are pleased to accept major Credit Cards, for which a surcharge will be<br />

made of 3% of the transaction total. This is to cover the charge made to us<br />

by the bank. (Unfortunately we are unable to accept American Express). There<br />

is no charge for payments by Debit Card.<br />

STERLING BANKER’S DRAFT RO BUILDING SOCIETY CHEQUE<br />

We are pleased to accept a Sterling Banker’s Draft or a Building Society<br />

cheque drawn on a recognised UK bank or building society.<br />

SteRling cheQue oR caSh<br />

Cheques are not acceptable tender unless agreed in advance by Catherine<br />

Southon Auctioneers & Valuers Ltd.<br />

Cash payments will not be accepted above the amount of £6,000.<br />

electRonic and wiRe tRanSFeRS<br />

Wire transfers can be made directly to our bank:<br />

National Westminster Bank plc<br />

33 High Street<br />

West Wickham<br />

Kent<br />

BR4 0WH<br />

Sort Code: 60-23-22<br />

Account Number: 79995810<br />

Account Name: Catherine Southon Auctioneers & Valuers Ltd<br />

IBAN: GB47 NWBK 6023 2279 9958 10<br />

Swift Code: NWBKGB2L<br />

BIC: NWBK GB 2L<br />

PleaSe note that the Full aMount owed MuSt be tRanS-<br />

FeRRed. catheRine Souton auctioneeRS & valueRS ltd will not<br />

accePt tRanSFeR chaRgeS. all banK tRanSFeR/coMMiSSion<br />

chaRgeS MuSt be Paid bY the buYeR

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