Terms & Conditions

TERMS AND CONDITIONS OF SALE 

  1. The highest bidder shall be the purchaser, subject to the restriction that the auctioneer reserves the right to refuse any bid, to regulate the amount of bids, and has the absolute discretion in all disputes between bidders.

  2. The Auctioneer reserves the right to fix a reserve and be bid up to such a reserve on behalf of the vendor.

  3. The Auctioneer reserves the right to consolidate, withdraw or alter any lots. 

  4. The lots will be sold as they stand at the time of the sale with all their qualities and defects – irrespective of their description in the catalogue. 

  5. All lots after the fall of the hammer will be held at the Purchaser’s risk.

  6. The Purchasers to give their names and addresses and, if required, to pay a deposit in part payment.  Please note that in order to bid at Auction a bidding paddle costs £1 for the year.

  7. All lots purchased by any one person will be considered and taken as being in one contract.

  8. No goods to be delivered until paid for, or to be removed during the sale.

  9. The Purchasers of each lot shall pay to the Auctioneer THE SUM OF 17.5% LOT MONEY in addition to the sum to be paid in the lot. (VAT is payable on the 17.5%)

  10. All lots to be removed at the Purchaser’s expense immediately after the sale, or a charge for warehousing may be made by the Auctioneer.

  11. Any damage to the premises caused by the removal of goods shall, be paid for by the purchaser.

  12. All lots sold without reserve are sold at the auctioneers’ discretion.

  13. In accordance with ‘Artists Resale Rights Regulations’ or Droit De Suite enforced on 14th February 2006 all lots marked with a D are subject to a resale royalty charge payable by the buyer.  This will apply only to lots prefixed with a D selling for 1000 euros or more and will be charged at the rate of 4% of the total hammer price (exclusive of buyer’s premium).  The resale royalty right payment is not subject to VAT and is payable in sterling.   The amount due is calculated on the day of the sale at the prevailing rate of exchange.  Payment is passed directly to the Design and Artists Copyright Society (DACS), 33 Great Sutton Street, London, EC10 0DX.  For further information please contact DACS 0845 410 3410 or www.dacs.org.uk. 



BUYING AT AUCTION

Here we have outlined all the information you will require to understand how to buy at auction.  If however you have any further queries please e-mail or telephone us.

Following the latest updated advice from the Government there will be significant changes to the way in which our Saleroom operates, and we ask that you read the guidance below to ensure you know what to expect. 

To comply with the requirements of the national lockdown from Thursday 5th November, our Auctions will be taking place online only and we will be closed to the Public. 

You can view the next Auction (11th November from 10am) online as usual from Friday 6th November at 5pm.

You can continue to bid with us live online with internet bidding, submit a commission bid or bid by telephone.

We will hold contactless collections for purchased lots on Thursday 12th November 9am-5pm, Friday 13th November 9am-5pm and Saturday 14th November 10am-1pm.  Please note that you must have arranged a time for collection with us to ensure we adhere with the Covid 19 health and safety policy in place.  (Please note at this time we are unable to assist customers to lift goods into vehicles).

If you require packing and postage we recommend:

Mailboxes Etc.
T. 0191 222 00 18
E. info@mbenewcastle.co.uk

Bradleys Antique Packing Services
T. 01325 281 332
E. info@antiquepacking.co.uk

All payments can be made online by bank transfer or debit card.  Our bank details are on our website and invoices.  We are not able to take cash payments at this time.

The health and safety of our employees and clients is our priority.

We will continue to update our website www.boldonauctions.co.uk and our social media platforms regularly and can be contacted on 0191 537 2630 or by email info@boldonauctions.co.uk.


Valuations 
Please email info@boldonauctions.co.uk with any valuation requests including photographs and we will respond within 48 hours


Buyers

If you would like to be informed of future sales please click the Subscribe here! button on the website

Sellers
If you would like to consign an item(s) for a future sale please contact us to discuss your requirements.


Thank you for your continued understanding and support from all of us at Boldon Auction Galleries.

Take care and stay safe.

Best wishes,

Boldon Auction Galleries

 

Printed Catalogue and Condition Reports
All lots carry a catalogue description.  Estimates suggest the price that the lot may reach.  Vendor's (or Seller's) reserves may be set, they are confidential.  Estimates do not carry buyer's premium.  Lots may carry abbreviations such as a/f (as found - considerable damage).  We may note damage and restoration however the absence of such a note does not imply that the lot is without defect.  All clients should satisfy themselves of both condition and descriptions prior to payment.  Any measurements and weights may be approximate. 

Any changes to the catalogue after production will be displayed in the Saleroom in a Saleroom notice and will be announced prior to the lot being sold. 

Requests for condition reports are accepted by telephone or e-mail and must be received at the latest 24 hours before the sale otherwise we cannot guarantee we will be able to respond in time.  All lots are illustrated where possible for our specialist sales on-line at www.boldonauctions.co.uk.

Droit de Suite

Any lots where Droit de Suite may be payable are indicated with a D preceding the lot number.  For further information please see above our Terms and Conditions of Sale.

Auctioning the lots

Generally we will cover approximately 140 - 180 lots per hour.  The speed of the auction will vary between auctioneers.  Bidding stops after the hammer has fallen and the auctioneer’s decision is final.

Buyers Premium

Buyer's Premium is 17.5% (plus VAT).  This is a commission that is paid in addition to the hammer price.


Commission bidding

You will need to fill out a commission bidding form which is found on-line via our web site.  You should complete the contact details, list the lot and the maximum price you wish to pay, excluding the buyer’s premium. You can then either e-mail us directly from the website or submit the bid by telephone.  The bid will be carried out by us and is completely confidential.  Successful buyers will be contacted by telephone or email or will receive a postal invoice after the sale.  Please note that we will automatically register you with a paddle number which costs £1 for the year if you are successful. 

Telephone bidding

We can only offer a limited number of telephone bidding lines on sale day.  This facility is available on lots where the bottom estimate is over £100.00.  Requests for telephone bids must be made at least 24 hours prior to the sale and are allocated on a first come first served basis.  We require two contact telephone numbers and full address details at time of registration to bid by telephone.  Boldon Auction Galleries do not take any responsibility if they are unable to make contact with the bidder. 


Online Bidding

Boldon Auction Galleries offer an online bidding service via the-saleroom.com for bidders who cannot attend the sale.  Registration to bid on-line is available until the Auction ends.

In completing the bidder registration through www.boldonauctions.co.uk and clicking on the On-line Auction tab on and providing your card details and unless alternative arrangements are agreed with Boldon Auction Galleries you:
1. authorise Boldon Auction Galleries, if they so wish (within 24 hours after the sale), to charge the debit 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 debit card details to Boldon Auction Galleries through www.the-saleroom.com and agree that Boldon Auction Galleries 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 4.95% commission charge + VAT at the rate imposed on the hammer price.

Any commission bids left via the-saleroom.com must be left by 9.30am on the day of the sale.

 

Boldon Auction Galleries accept payment by:-

PLEASE NOTE THAT WE ARE NOT ACCEPTING CASH DUE TO THE COVID-19 OUTBREAK

Debit Card

Please note that we no longer accept Credit Cards from clients within the EU  

(Please note that ‘person not present’ payments by debit card are subject to a maximum limit of £500 any sum over this amount will need to be paid for by Bank Transfer) 

Cheque - made payable to Boldon Auction Galleries Limited with a valid cheque guarantee card

Bank Transfer – Barclays Bank Plc, 1 King Street, South Shields, Tyne & Wear, NE33 1DA

Account:         53195503

Sort Code        20-80-47 

IBAN               GB19 BUKB 2080 4753 1955 03

SWIFTBIC      BUK BGB 22

Once payment has been made, goods may be cleared and the purchaser will receive their invoice from one of our porters with their goods.


All purchased lots must be collected within 48 hours of the date of the sale.  Any extension to this must be agreed with us or a storage charge of £5 per day will be applied = if you get in touch you can avoid this charge = communication is key!