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Sellers Terms And Conditions

  1. Sellers Commission - 15% of the hammer price + VAT, subject to a minimum of £3.00 per lot.
  2. Insurance - Insurance will be charged at 1% of hammer price.
  3. Illustrations - Illustrations attract a charge to cover photographic and production costs, usually between £10-£75.
  4. Advertising - All normal costs are covered by Boningtons. In certain cases an individual marketing plan will be devised and costed with the client.
  5. Withdrawal Fee - At the valuer’s discretion, a maximum of 15% of the reserve price or lower estimate price will be charged.
  6. Unsold Charge - No Charges will be made on lots which do not sell. However, please be aware of point no 10 below.
  7. Carriage Charge - Requirements & costs will be discussed with the client before any carriage is undertaken
  8. Lotting Fee - To enter a lot into the sale will cost £3.00 per lot.
  9. Lots required by - All lots for the Fine Art sales must be consigned 1 calendar month before the sale date. All lots for the Vintage sales must be consigned 6 days before the sale date.
  10. UNSOLD LOTS - UNSOLD LOTS MUST BE REMOVED WITHIN 3 DAYS OF THE SALE IN WHICH LAST OFFERED unless explicit alternative arrangements have been made with the Auctioneers. Lots not collected will be removed to storage at a cost of £15 per item, and will incur a £2 per lot per day fee. If no contact is made in respect to the items within 2 weeks the Auctioneers reserve the right to dispose of the goods and charge the vendor for expenses incurred. Sellers, who do not wish their lots to be re-offered at our discretion in the next sale, should confirm their instructions in writing indicating collection arrangements.
  11. DEFINITIONS - In these conditions of sale, Boningtons Valuers and Auctioneers act as agents for the vendor and are called Boningtons, or the Auctioneers.
  12. THE AUCTION - a. The highest bidder shall be the buyer and if during the Auction, the Auctioneer considers that a dispute has arisen, he has absolute discretion to settle it or re-offer the lot.
    b. Boningtons disclaims responsibility for default by either the buyer or the vendor because they act as Auctioneers only and therefore do not pay out to the Vendor before receiving payment from the buyer.
  13. Payment - You will be sent a statement along with a cheque, in the normal course of business around 30 days after the sale.
          
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