Information for Buyers

 

1. Introduction 
The following informative notes are intended to assist Buyers, particularly those inexperienced or new to our salerooms. All sales are conducted on our printed Conditions of Sale which are readily available for inspection and normally accompany catalogues. Our staff will be happy to help you if there is anything you do not fully understand.

2. Agency 
As auctioneers we usually contract as agents for the seller whose identity, for reasons of confidentiality, is not normally disclosed. Accordingly if you buy your primary contract is with the seller.

3. Estimates 
Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer’s Premium or VAT (where chargeable). Estimates are prepared some time before the sale and may be altered by announcement before the sale. They are in no sense definitive.

4. Buyer’s Premium
The Conditions of Sale oblige buyers to pay a buyer’s premium at 17.5% on the hammer price of each lot purchased. In addition, VAT is chargeable on this premium (see below). Please see note under live bidding on the following page.

Please note the-saleroom.com levy an additional charge of 4.95% + VAT of the hammer price for lots purchased via their website

5. VAT
(*) indicates that there is a VAT element payable by the purchaser at the standard rate  within the hammer price as well as being payable on the buyer’s premium. This imposition of VAT is likely to be because the seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme or because VAT is due on importation into the UK. Lots which appear without the above symbol indicate that no VAT is payable on the hammer price. This may be because such lots are sold using the Auctioneers’ Margin Scheme and, if so, it should be noted that the VAT included within the Premium is not recoverable as input tax.

6. Conditions of lots 
Please note carefully the exclusion of liability for the condition of lots contained in the Conditions of Sale. Intending buyers have ample opportunity for inspection of goods and neither the seller nor we as the auctioneers accept any responsibility for their condition. In particular, mechanical objects of any age are not guaranteed to be in working order. However, in specified circumstances lots misdescribed because they are ‘deliberate forgeries’ may be returned and repayment made. There is a 3 week time limit. (The expression ‘deliberate forgery’ is defined in our Conditions of Sale).

7. Condition reports
We may be able to assist buyers unable to view by providing a condition report, but these reports are based solely on our own opinion and are for guidance only and no responsibility is accepted for their accuracy. Intending buyers are strongly encouraged to view. (Please see our Conditions of Sale).

8. Electrical goods 
Collectable items which are electrical are sold as ‘antiques’ only and if bought for use must be checked over for compliance with safety regulations by a qualified electrician first.

9. Export of goods 
Buyers intending to export goods should ascertain (a) whether an export licence is required and (b) whether there is any specific prohibition on importing goods of that character because, e.g. they may contain prohibited materials such as ivory.

10. Bidding Number
Bidders are required to register before the sale commences and lots will be invoiced to the name and address on the registration form. You will need a bidding number which is available free of charge, upon production of current identification that can confirm your name and address (eg driving licence, passport, utility bill, but please note that we will not accept bank debit or credit cards as identification).Otherwise, a refundable CASH deposit of £50 must be paid, your deposit will be set against your invoice if you are successful with your bid, or refunded to you once we have established that no bids have been allocated to your bidding number.

11. Commission bidding 
Commission bids may be left with the auctioneers indicating the maximum amount to be bid excluding buyer’s premium. They will be executed as cheaply as possible having regard to the reserve (if any) and competing bids. If two buyers submit identical commission bids the auctioneers may prefer the first bid received. Please enquire in advance about our arrangements for the leaving of commission bids by telephone, e-mail or fax. In order for Commission and Telephone Bids to be operated, we will require your credit/debit card details.  Confirmation of any bids taken over the telephone must be made in writing (fax, email or post) by 9am on the day of the sale.

12. Methods of Payment

After the sale you will receive an invoice detailing the lots you have purchased. For your convenience registered website bidders can pay their invoices through our secure online payment gateway.

Bidders who have made purchases through the-saleroom.com may also request a link to make a secure on line payment via the-saleroom.com.

All purchases must be paid for no later than two working days following the sale.

We accept the following forms of payment:

Cash: Up to a limit of £10,000 

Cheques: Goods will only be released on cleared cheques. 

Debit Card: No additional charges but please note cardholder not present transactions subject to maximum £500 limit 

Credit Card: Subject to a charge of 2% plus VAT. Cardholder not present transactions subject to maximum £500 limit

Bank Transfer:

Payment should be made to Barclays Bank, Harrogate HG1 1QX 

Account name: Morphets of Harrogate Ltd

Account Number: 63655334

Sort code: 20-37-13

Please use your bidder number as a reference

International Bank Transfers:

Payment should be made to Barclays Bank, Harrogate HG1 1QX 

Account name: Morphets of Harrogate Ltd

IBAN Number: GB 79 BARC 203713 63655334

SWIFT (BIC). BARC GB 22

Please ensure that all bank charges are borne by your issuing bank


13. Collection and storage
Please note what the Conditions of Sale state about collection and storage. It is important that goods are paid for and collected promptly. Any delay may involve the buyer in paying our storage charges.
Glossary of Terms concerning the attribution of paintings and drawingS
(i)  The christian name(s) and surname of the artist indicates in our opinion a work by the artist.
(ii) The initials of the christian name(s) and the surname of the artist indicate in our opinion a work of the period of the artist which may be wholly or in part his work.
(iii) The surname only of the artist indicates in our opinion a work of the school or by one of the followers of the artist or in his style and of uncertain date.
(iv) ‘‘Bears signature’’ indicates in our opinion that this is not the signature of the artist.
(v) The name of the artist preceded by ‘‘After’’ indicates in our opinion a copy of the work of the artist.

NOTICE TO BUYERS OF GEMSTONES/JEWELS
Many coloured gemstones have been subjected to a variety of treatments designed to enhance their appearance, for example heating is regularly used to improve colour or transparency in rubies and sapphires. Other treatments such as oiling, enhance the clarity of emeralds. Other coloured gemstones may have undergone permanent or semi-permanent treatments such as dyeing, irradiation, coating and impregnation, which may require further re-treatment in order to retain their appearance. The jewellery trade generally accepts these treatments. 

Prospective purchasers should assume all gemstones will have been treated unless statements are made to the contrary. Recent advancements in technology have led to some diamonds being treated in a variety of ways designed to enhance their appearance. These treatments can include fracture filling, laser drilling, irradiation and coating. Every effort is made to identify such treatments, however it is not possible for Morphets to guarantee that all lots containing diamonds are free of these enhancements.


All dimensions and estimated weights of gemstones have been determined without unsetting the stones and are therefore only approximate because of limitations imposed by the mount.  Estimated weights are normally calculated by applying standard formulae to the measurements taken.

CITES

Please be aware that some lots may be subject to CITES regulations when exporting outside the EU. It is the purchaser’s responsibility to obtain any necessary licence; for more information please visit www.defra.gov.uk/ahvla-en/imports-exports/cites/

 


Artists resale rights
In accordance with Artists Resale Rights Regulations 2006, all lots marked ARR which sell for €1,000 or more are subject to a resale royalty charge ("Royalty"). This Royalty is payable by the Bidder. The Royalty will be charged at a rate of 4% of the total hammer price (exclusive of Bidder's premium which is payable under clause 8a) for lots selling for amounts up to €50,000.  For lots selling in excess of €50,001, the Royalty shall be calculated at a reduced rate (details available on request). The Royalty is not subject to VAT and is payable in sterling calculated on the day of sale at the prevailing rate of exchange. Payment shall be passed directly to the Design and Artists Copyright Society (DACS), 33 Great Sutton Street, London EC1V 0DX. For further information please contact the  Auctioneers or DACS on 0845 4103410 or visit their website at www.dacs.org.uk

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