£0 - 150,000:
Credit & Debit Cards: All major UK issued debit and credit cards registered to a UK billing address with the exception of American Express and Diners Club. A surcharge of 3% is payable on all payments made by credit cards.
Condition: IMPORTANT NOTES REGARDING THE CATALOGUING OF CLOCKS
Movements, dials and cases: movements and dials are described as relating to the cases in which they are housed in one of the following three ways:
the case.... we are of the opinion that the movement and dial started life in the current case.
in a case... we are of the opinion that the movement and dial are in a case of correct period and type (and may well be original to the movement and dial), however there is evidence to suggest that they may not have started out life together.
now in a case... we are of the opinion that the movement and dial are no longer in the original case or one of correct period and/or type.
Pendulums, weights, winding and case keys: we cannot guarantee that the correct number of weights (where appropriate) and/or keys are present with the clock, nor do we indicate in the catalogue description whether weights or keys are present as many clocks are consigned without them. Please check with the department to establish whether they are present or not prior to bidding.
Condition: due to the mechanical nature of clocks and the fact that most are of great age we cannot offer any guarantee as to whether they are in working order or free from major faults or restoration. Although we endeavour to catalogue items in a fair and informed manner, omission of any comments or observations regarding the condition or originality of a clock in the description does not necessarily indicate that it is free from significant faults, restoration or is in working condition. We would strongly advise any prospective purchaser to view the item in person or request a condition report and/or further images prior to bidding.
Measurements: dial measurements are given in inches, other dimensions such as height are given in centimetres (and inches for English clocks). The measurement given for the height of a longcase clock excludes any removable finials in order to provide an approximate minimum ceiling height in which the clock can be accommodated.
Bidders must satisfy themselves as to the condition of each lot. Condition reports are available on request - see the Conditions of Business for more information regarding condition reports. Requests for condition reports must be submitted by 4pm on the day prior to the auction.
Commission Charges: The Buyer agrees to pay a buyer's premium on the hammer price of each lot purchased. The buyer's premium is 24% (28.8% including VAT) of the hammer price on each lot up to and including £150,000, plus 12% (14.40% including VAT) for any amount in excess of £150,000. In the event that a lot has an asterisk (*) beside the lot number in the catalogue, this indicates that the item is owned by an entity or company required to pay VAT (generally not an Antique Dealer, as they operate under a dealer's margin scheme).VAT is payable at 20% on the hammer price.
VAT: VAT. (*) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyer's premium. This imposition of VAT is likely to be because the seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme or because VAT is due at 20% on importation into the UK. The double symbol (**) indicates that the lot has been imported from outside the European Union and the present position is that these lots are liable to a reduced rate of VAT (5%) on the gross lot price (i.e. both the hammer price and the buyer's premium). Lots which appear without either of the above symbols indicate that no VAT is payable on the hammer price. This is because such lots are sold using the Auctioneers' Margin Scheme and it should be noted that the VAT included within the Premium is not recoverable as input tax.
Payment: Methods of Payment. The following methods of payment are acceptable: Debit Card drawn on a UK bank and registered to a UK billing address. There is no additional charge for puchases made with these cards.
Bank transfer direct into our bank account, all transfers must state the relevant sale number, lot number and your bid / paddle number. If transferring from a foreign currency, the amount we receive must be the total due in pounds sterling (after currency conversion and the deduction of any bank charges). Our bank details can be found on the front or your invoice or in the sale catalogue under 'Important Notices'.
Sterling cash payments of up to £12,000 (subject to money laundering regulations).
All major UK issued credit cards registered to a UK billing address with the exception of American Express and Diners Club. A surcharge of 3% is payable on all payments made by credit cards.
Sterling personal cheques drawn on a UK bank account and made payable to 'Dreweatts 1759'. It will be necessary to allow at least six working days for the cheque to clear before collecting your purchases.
Collection or Delivery: Before being able to collect your purchases you are required to pay the hammer price, plus the applicable commissions, and obtain a receipt acknowledging payment. Collection of the purchased lots is at the purchaser's risk and expense and whilst Dreweatts do not provide packing and despatch service we can suggest some carriers. Dreweatts also require that all purchased items are collected within three days of the sale to avoid a storage charge being applied.
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