In these terms of business: Sanderson’s Auction Room representative conducting the auction is referred to as the ‘auctioneer’.
Attribution and Condition of Lots
We make every effort to ensure the accuracy of any statement as to authorship, attribution, origin, date, age, provenance and condition of any lot, whether or not such a statement forms part of the description of any such lot. Any statement made orally, printed or online is an opinion given after careful consideration and research.
When bidding, you acknowledge that you are fully satisfied as to the attribution and condition of the lot. If any damage is done to any lot at viewing or before, during or after the sale, it shall be made good by:
- The person who caused the damage; or
- The person for whom they are acting.
Sanderson’s Auction Room will assess the extent of the damage to be repaired.
Entry and Participation
Sanderson’s Auction Room has the right at our discretion, to refuse admission to our premises or attendance at our auctions by any person.
Third Party Liability
Every person on Sanderson’s Auction Room premises before, during or after a sale shall be deemed to be there at their own risk and shall have no claim against Sanderson’s Auction Room in respect of any injury they may sustain or any accident that may occur.
Any dispute not covered in these terms of business will be settled at the sole discretion of Sanderson’s Auction Room.
All electrical items will be pat tested to ensure that all items are safe to sell in our auction room, this will incur a 50p charge to the vendor per electrical item.
Any goods remaining unsold will be offered in a second auction after this item(s) still not sold will be disposed of at the vendors cost unless instructions in writing are received seven days prior to the sale date. A 10% offering fee will be charged for reserve items that do NOT reach the reserve. Reserve prices will only apply for the first auction offering.
Insurance on items can be arranged at the vendor’s request for items in the auction.
Withdrawal of Lots.
A withdrawal fee of 10% plus VAT of the reserve price for items in our auction (minimum £10).
Items without set reserves have a fixed withdrawal fee of £10 per item. Items cannot be withdrawn on the day of the auction.
Once your buyer’s funds have cleared in our account we aim to pay you no later than 28 working days after the auction. If your buyer pays more than 23 days after the auction, we will pay you within 5 days of the funds clearing.
We do not pay interest on the period between your buyer’s payment and your receipt of the payment. Please remember that you will have to pay certain charges on your sale. We act as agents and cannot be held responsible if your buyer does not pay. We cannot pay you until we have received cleared funds.
The highest bidder acknowledged as such by the auctioneer will be the buyer. If any dispute arises, the auctioneer has absolute discretion to settle the matter. The auctioneer rules the bidding and bids cannot be retracted. The auctioneer reserves the right to refuse any bid.
The successful bidder, whether bidding for himself or for a third party, is entirely responsible for paying for the lots they have bought in accordance with Sanderson’s Auction Room terms of business. The auctioneer reserves the right to bid on behalf of the vendors for any lot and to withdraw, consolidate or divide any lot or lots.
Prospective buyers need to register with us, giving their full name, address, contact telephone number(s) and email address. First-time buyers will be required to provide proof of identity. Upon receipt of the above, a bidding card will be issued (£2 per card charge, refundable on return of your card) strictly one bidding card per person. This card may be used to indicate your bids to the Auctioneer during the sale. If successful, the bidder must ensure that the Auctioneer can see their number and that it is their number that is called out. Should there be any doubts as to price or buyer, please draw the Auctioneer’s attention to it immediately.
Sanderson’s Auction Room will sell your goods in public auction for as high a price as possible, and where applicable, to activate reserves were placed. We will charge 20% commission on the sale of goods including VAT on the commission only.
Buyers must pay in full at the latest 3 working days after the sale before their purchases can be released to them. Otherwise, an invoice will be sent and the buyers must pay their invoice within 24 hours and let us know when they will be collecting their purchase. We cannot hand over purchases unless we have adequate references or payment is cleared.
We accept payment by:
- Cash – up to £500
- Cheque – made payable to ‘Sanderson’s Auction Room’
- Debit card
- Bank transfer
Ownership of Purchases
Ownership of lot(s) purchased will not pass to the buyer until they have paid Sanderson’s Auction Room in full and Sanderson’s Auction Room has applied the payment to the lot.
Transfer of Risk
Each lot is the buyer’s sole responsibility from the fall of the hammer and is sold with all faults and imperfections.
Sanderson’s Auction Room is not responsible for the correct description, genuineness or authenticity of any lot and makes no warranty whatsoever. The buyer is deemed to have inspected each lot and satisfied themself as to its condition.
If instructed, Sanderson’s Auction Room will execute bids and advise prospective buyers, this service is free. Buyers who cannot come to a sale may leave their bid with our reception staff after viewing, or make their bid in advance by telephone or email. Such bids are placed at the buyer’s own risk. Bids must be made at least one day before the sale starts, and we advise buyers to make bids within the close of the view day.
When making bids, buyers must provide:
- Their full name
- Email address
- Contact telephone numbers
- The number of the lot they wish to buy
- Their maximum bid amount – excluding commission that will be added to the invoice afterward.
Buyers must state what their maximum bid would be. We cannot accept an instruction to ‘buy’ or unlimited bids. We will ensure that lots are bought as cheaply as possible depending on the bids made and other reserves. If identical bids are placed, the person who bid first will take precedence.
Whilst every effort is made to execute absentee bidding, Sanderson’s Auction Room cannot be held responsible for any default or neglect in connection with this service. All such arrangements are made entirely at the prospective buyer’s risk.
Storage and Collection
Storage charges will be levied on all lots not collected within three days of the sale. This will include a handling fee of £5 plus VAT per item as well as a storage charge of £5 plus VAT per day. No goods may be collected until these charges have been paid. Sanderson’s Auction Room can provide suitable transport for collection and removal of items, buyer to be responsible for costs incurred.
The auctioneers and the sellers accept no responsibility for the purchase of items sold on auction days, no money will be refunded on any lots. We are dependent on information provided by the seller and whilst we may inspect lots and act reasonably in taking a general view about them, we are normally unable to carry out a detailed or any examination of lots in order to ascertain their condition in the way in which it would be wise for a buyer to do. Intending buyers have ample opportunity for inspection of goods and, therefore, accept responsibility for inspecting and investigating lots in which they may be interested. Neither the seller nor we, as the auctioneers, accept any responsibility for their condition.
Health & Safety
For Health and Safety reasons, large, heavy or awkward lots cannot be removed whilst the auction is in progress.
Droit de Suite Royalty Charges
A work of art by a living artist or those who have died within the last 70 years, which costs more than the UK sterling equivalent of €1,000 will incur a royalty charge. We pass this payment onto the Design and Artists Copyright Society (DACS), and do not charge a handling fee. Buyers can calculate royalty charges on the DACS website.
Items marked with the √ symbol in the catalogue will potentially incur royalty payments.
We use the euro to UK sterling exchange rate which applies on the day of the sale. It is the buyer’s responsibility to check the relevant exchange rate.
The actual qualifying threshold is calculated by the Artist’s Resale Right Service Hub based on the European Central Bank reference rate published at 2.15pm on the day of the sale and can be found on the DACS website.
The royalty charge for pictures which achieve a hammer price of more than the UK sterling equivalent of €1,000, but less than the UK sterling equivalent of €50,000 is four percent. On works of art that achieve a hammer price of more than the UK sterling equivalent of €50,000 a sliding scale of royalty charges applies. For a complete list of the royalty charges and threshold levels please download more information from the DACS website.
The royalty charge is added to invoices and must be paid before purchases are removed. VAT is not paid on royalty charges.
Important Notice Relating to Sporting and Natural History
Clients intending to import/export any item derived from natural history specimens into/from a non-European country should first check for any Import/Export and possession restrictions prior to bidding/selling.
Certain species * are also subject to CITES regulations when exporting/importing these items out the EU. CITES regulations are given on www.ukcites.gov.uk or may be obtained from Animal Health, Wildlife Licensing and Registration Service, Zone 1/17, Temple Quay House, 2 The Square, Bristol BS1 6EB. Those species that are covered by the US Endangered Species Act (USESA) or The Migratory Bird Treaty Act (MBTA): potential US bidders should check with USF&W (US Fish and Wildlife Services) for trade/possession restrictions in the US prior to bidding.
While every effort has been made to attribute the correct Latin name for each specimen, the auctioneers will not be held responsible for any errors that may occur concerning Latin nomenclature.