THE CLASSIC SALE 22nd & 23rd MARCH 2025
18 1.7 Lots marked with an Asterix (*) are either owned or partly owned by IA or an employee of IA. 2. ALTERATIONS AND ESTIMATES 2.1 Estimates and descriptions may be amended at IA’s discretion from time to time by notice given orally or in writing before or during an Auction. 2.2 The Lot will be available to view either via the information provided online or at the auction venue. Any potential bidders must form their own opinion in relation to the Lot. 2.3 IA gives no warranty or representation as to the anticipated or likely selling price of any Lot. Any estimate given, whether written or oral and whether or not contained in any Catalogue, as to the estimated selling price of any Lot is a statement of opinion only and may be subject to revision from time to time at IA’s sole discretion and should not be relied upon as an indication of the actual selling price. 2.4 IA has no duty to the Buyer to investigate the accuracy of the description of any Lot provided by or on behalf of the Seller. 2.5 If there is a Reserve it will be no higher than the lower figure for any Estimate in the catalogue. 3. BIDDING AND RESERVES 3.1 You must be 18 or over in order to bid. You should keep your account details strictly confidential and not permit any third party to access your account on your behalf or otherwise. You will be liable for any and all bids made via your account. 3.2 In order to bid in the auction potential buyers must register for either a bidding paddle, a telephone or commission bid or register via our website or The Saleroom to bid online. All relevant information must be completed and ID requirements met for your bid to be processed. You should not let anyone else use your paddle. The name and address in which you register will be the name and address on your invoice, if successful, and cannot be amended once issued. 3.3 IA may refuse to accept bids from any person who has not registered via one of the methods in Clause 3.1. Buyers are directed to the requirements in place regarding registration before the registration process can be completed. 3.4 IA reserves the right to decline to register bidders and decline to accept their bids if they have been so registered. 3.5 Buyers should ensure they have the necessary funds available to pay before bidding. 3.6 The Auction will be conducted in line with the terms and conditions. 3.7 You cannot reduce or cancel a bid once it has been placed with the Auctioneer and it is the Auctioneers decision as to whether a bid has been validly made. 3.8 A Contract of sale is made between the Seller and the Buyer on the acceptance of a bid by the fall of the Auctioneer’s hammer. IA is not a party to the Contract. The Buyer will be liable to pay the Purchase Price which is the Hammer Price plus the Buyer’s Premium and any applicable VAT. 3.8.1Occasionally a bid may be accepted by the Auctioneer as a ‘provisional bid’ if your final bid has not met the reserve price. A provisional bid stands until 12pm the day following the auction. During this time IA will contact the Seller on your behalf to see if they will accept your bid or to try to negotiate a sale on your behalf. If successful the lot will be deemed to have been sold to the Buyer at the fall of the hammer and the normal terms and Conditions will apply to the purchase. 3.9 Bids placed within one hour of the auction commencing are not guaranteed to be processed. We recommend you call the office on +44 (0) 1926 691 141 and ask for your bid to be checked. 3.10 If two or more bidders submit identical bids for a Lot, the first bid received takes preference. 3.11 Telephone and commission bids are placed at your own risk. We cannot accept liability for failure to receive or place such bids. 3.12 If you are bidding as agent on behalf of another party you must disclose this fact when you register to bid and provide information as required for identification checks on that third party. Where your bid is successful you are jointly and severally liable with the third party for the full amount owing to us. 4. THE BUYER 4.1 Any doubt as to the Hammer Price or Buyer must be brought to the Auctioneers attention immediately. Any dispute as to any bid shall be settled by the Auctioneer at his/her absolute discretion. Every bidder shall be deemed to act as principal unless prior to the commencement of the Auction there is a written acceptance by IA that a bidder acts as agent on behalf of the named principal, and that its principal has agreed to and/or is bound by these Conditions; in which case he shall be jointly liable with the principal under these Conditions. 5. BUYER’S PREMIUM 5.1 The Buyer shall pay the Buyer’s Premium to IA at the following rates on the hammer price: Motor Cars - 12.5% (plus VAT), Motorcycles – 15% (plus VAT), Automobilia and Lifestyle items - 20% (plus VAT) and Number Plates - 10% (plus VAT). The Buyer acknowledges that IA may also receive the Seller’s Commission due to IA. 5.2 VAT may also be payable on the hammer price of a Lot. Any lots will be clearly marked as such in the catalogue description as follows: † VAT on hammer price and buyer’s premium at the prevailing rate Ω VAT on imported items on the hammer price and buyer’s premium at the prevailing rate* ◊ VAT on imported items at a rate of 5% on the hammer price and buyer’s premium plus the prevailing rate on the buyer’s premium*
RkJQdWJsaXNoZXIy MTU2