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Terms and conditions for the Buyers
All bidders are required to be registered with the auction house before bids are made, a paddle number will be allocated to you and this number will be noted by the auctioneer as the hammer goes down.
Buyer's commission is set 15% of the hammer price + vat under £999 and in any sales over £1000 the commission is 10% + vat.
Commissioned bids can be left on any day on any item providing the buyer is a registered buyer with the auction house.
Phone bibs can be made during the auction, if you speak to the reception they will take your contact details and will give you an approximate time the item will be going under the hammer on the sale day and will arrange for a phone call to be made to you around that time.
We have an online auction facility which can be viewed on any computer connected to the internet and bids can be placed online live as the auction is running, you must be registered with the auction house prior to biding.
Bolton Auction Rooms offer an online bidding service via the-saleroom.com for bidders who cannot attend the sale.
In completing the bidder registration on www.the-saleroom.com and providing your credit card details and unless alternative arrangements are agreed with Bolton Auction Rooms you:
1. authorise Bolton Auction Rooms, if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased in the auction via the-saleroom.com, and
2. confirm that you are authorised to provide these credit card details to Bolton Auction Rooms through www.the-saleroom.com and agree that Bolton Auction Rooms are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale.
Please note that any lots purchased via the-saleroom.com live auction service will be subject to an additional 3% commission charge + VAT at the rate imposed on the hammer price
Our catalogue can be viewed at any time online and is updated everyday.
All payments will be made before 7pm on the day of the auction.
All goods will be collected no later than 6pm on the day after the sale.
We offer a delivery service which is subsidised by the auction house so we can offer a cheap reliable service to our customers, From our auction house prices for this service start at £5 for small item in the local area and range in increments depending on distance from the auction house and size of the item.
No item is the property of the buyer until payment has been made in full nor shall it be removed from the auction house until the item has been presented to the buyer by one of the porters on duty.
When a bid has been placed and the item won the buyer is liable for costs which include:-
… non payment of the item, where a charge of 1.5% will be added monthly until the costs have been paid,
….warehousing of the item which the charge is set a £1.00 a day after the 5th day.
The matter of non-payment is taken very seriously and these charges will be enforced by Fieldings porter solicitors who will act as our agents in the collection of monies owed.
Any items that need to be posted, we offer a no profit country/worldwide insured posting and packaging service, please contact the auction house reception for current rates.
If a disagreement arises between two buyers the auctioneer has the final decision on the outcome of the dispute.
If an item has been deemed a forgery within 21 days of the sale we will take back the item and investigate the matter using sources and methods chosen by Bolton auction rooms.
Bolton auction rooms has the final say on weather it is the same item that was entered into the sale and is no way bound to proceed with any action until it is satisfied that it is, it is advisable any paraphernalia relating to the item is obtained to help with this process, any cost incurred to find the authenticity lie with the owner of the item until proof of a forgery has been obtained, then a refund of the hammer price + vat and any cost incurred to find its authenticity will be refunded within 21 days.
The auctioneer can refuse to take a bid off any one he has good reason to believe will not follow the terms and conditions set above or if the bidder is a former non payer, this will be executed without prejudice and the auctioneer's decision is final.
Terms and condition for the seller
Any items can be brought to the auction house to be entered in a sale, to which our auctioneer will have the final decision in which auction the items are entered in to, i.e. the weekly sale or the antiques and collectables sale.
We accept items Wednesday, thursday Friday and 6.pm being the cut off point for the current weeks sale date on a Saturday, any other day apart from Tuesday items can be brought to the sale room if prior arrangements have been made via phone to see if it's an appropriate time for cataloguing.
Any monies owing to vendors can be collected Thursday or Friday the following week and will be paid by cheque or cash, the option is the decision of the cashier and may not be influenced or requested, if there is any outstanding payments owed to the vendor from the auction rooms a cheque will be posted out to the exact address given to us by the vendor on the database no more than 4 weeks after the sale.
Sellers Commission is set at 15% of the hammer price + vat under £499 and in any sales over £499 the commission is 10% + vat.
For the weekly general sale there is an insertion fee of £0.50p per item.
For the antiques and collectables monthly sale there is an insertion fee of £2.00 per item and 1.5% charge of the hammer price for the indemnity of the item.
By entering an item into the sale rooms the vendors is exercising there full ownership and entitlement to sell the item, Bolton auction rooms will not be held responsible for any information found in breaching said agreement with the vendor, if a situation arises Bolton auction rooms will hand all evidence gathered to the correct authorities and any cost to the auction room will be claimed from the vendor who by entering an item in to the sale agrees fully to these conditions.
Any item which doesn't receive a payment from the buyer the auctioneer reserves the right to re-enter it into the next appropriate auction, by placing the item up for sale the seller agrees to a 10% charge of the auctioneer's fair market valuation if the item was to be revoked from the forthcoming sale.
All sale items are without a reserve set, all reserves will be authorised by the auctioneer and will be agreed in writing prior to the sale, the auctioneer withholds the right to a 10% discretion on the hammer price if deemed necessary for the sale of the item, If the item has not met the reserve it will automatically be placed in to the next sale and the same criteria will be followed un till the successful sale of the item, if it was to be removed from the sale without a prior agreement between the vendor and the auctioneer it will incur a removal charge of 10% of the reserve price.
Any electrical items entered in to the sale are not the responsibility of Bolton auction rooms to verify the safety of the item, we recommend all items before sale are PAT tested but do not require it to be entered to the sale, the full responsibility for the item is with the seller until the item has left the premises with the new owner.
The items brought in to the sale room are covered by glenich insurers and are covered by the terms and conditions of the insures not what seems fair by the seller, a copy of these terms are available upon request from the auction house reception.
We are not responsible for items which are stolen but if any dispute is made we would make all video evidence available to any parties including the police required to show a theft occurred, it will then be down to the authorities to deal with issue from there and all monies lost can be regained by the criminal offender, if no evidence is found we will insure the cost of the item.
We accept responsibility for items that are locked away with access by key and will give a fair market value to cover the item but waver the responsibility if items are left on an open shelf; all jewellery is covered by our policy.
Any items can be disposed of as deemed necessary at any time by the auction house before during or after the sale, a charge may be incurred for this if any item has been left or discarded and the cost will be incurred by the owner of the item.
Any interest gained on the holding of any outstanding monies by Bolton auction rooms is wavered by the vendor, by the entrance of items in the auction upholds this.
By entering an item into the sale you agree for the auction house to deduct any relevant costs (outlined above) incurred for the sale of the items from the premiums gained from the sale.
All valuations and appraisals are given by opinion of the individual who has been requested to carry out the task and Bolton auction rooms are in no way liable for the inaccuracy or in the event of the item being foreseen as genuine but at a later date being found to be a forgery, we use valuers of extensive subject knowledge and within that is our commitment to ensuring an accurate appraisal.
Any items which don't sell (excluding items with reserves set on them) will be added to the next available sale unless agreed prior with the auction house and must be collected within 5 days of the sale it was entered in, if left over the 5 day time frame and it is then decided to be removed without prior notification to the auction house a warehousing charge of £1.00 a day from the 5th day will be incurred and must be paid before the item is removed from the sale room.
We provide a non profit making worldwide postal service to our customers if required, costs are available upon request and are sent by fully insured couriers.