Conditions of Sale
When you bid at Kidson-Trigg, you are signing up to comply with the following terms and conditions.
Buyer’s premium
A buyer’s premium of 20% plus VAT (24% inclusive of VAT) will be charged on the hammer price. Buying on the internet carries an extra percentage plus VAT. The entire sale is conducted under the auctioneer’s margin scheme, where VAT on the buyer’s premium is not reclaimable.
Inspection & condition
Purchasers are deemed to have satisfied themselves by inspection prior to the sale as to the quality, condition and description of each lot, which is sold with all faults and imperfections as seen. The auctioneers do not normally state any damage or restoration, because this would imply that all other items are perfect. Condition reports are carried out by Kidson-Trigg staff, who are not trained conservators or restorers, and examine items by eye only; buyers are advised to seek independent expert advice. Any claim that a lot is a deliberate forgery must be made within 5 days of the sale.
Bidding
The bidding is regulated by the auctioneer, and the highest bidder shall be the purchaser. If a dispute arises between two or more bidders, the lot will be immediately put up again and resold; the auctioneer’s decision is final and binding. Where items are subject to a reserve, the auctioneer may bid on behalf of the vendor up to the reserve. All absentee bids must be emailed and approved by the auctioneer the day before the auction; we require card details to register an absentee bid, and references if you are not known to the auctioneer. We no longer accept telephone bids.
Payment
Payment becomes due on the fall of the hammer and must be made within 3 working days, by bank transfer only — no cash. Purchasers are responsible for all bank charges on international payments. A £20 handling fee will be added to any invoice not paid within a week of the sale. Title does not pass until the auctioneers have received cleared funds.
Collection & storage
Buyers shall, at their own risk and expense, take away lots purchased and paid for no later than 3 working days after the auction. Storage is free for one week by consultation; items are then moved to a warehouse and storage is charged at £10 per day per lot, for a maximum of 3 months, after which goods will be given to charity. No items will be removed without an auctioneer’s receipt, and photo identification is required when goods are collected by a courier. Porters are available on the 3 working days after the sale, subject to health and safety rules for heavy goods. In the event of loss, breakage or theft on the auctioneers’ premises, the limit of liability is a full refund of the purchase price and buyer’s premium.
Non-payment
If a lot is not paid for and collected in accordance with these conditions, Kidson-Trigg, as agent for the seller, may proceed for damages, rescind the sale, resell the lot at the defaulting buyer’s risk, store and insure the lot at the buyer’s expense, charge interest of up to 1.5% per month, and refuse future bids.
Questions about a lot, an absentee bid or a consignment? Email auctions@kidsontrigg.co.uk or call 01793 861000.