![]() They must rely solely on their own skill or judgement as to whether lots are fit for any particular purpose, and as to compliance with the description or illustrations. In addition, lots sold are likely to have been subject to wear and tear caused by use or the effects of age and may, therefore, have faults and imperfections.īuyers are given ample opportunity at viewing times to examine lots to be sold and will be assumed to have done so. Accordingly Sellers need not be paid until payment is received from the Buyer, nor is the Auctioneer necessarily in a position to know the history of or assess the quality of lots sold on behalf of these principals. The Auctioneer acts only as agent for the Seller (unless otherwise specifically declared). In the event of identical bids being received the first bid left will take preference. We will use our best endeavours to buy the lots for you as cheaply as possible allowing for other bidders and any reserve prices. ![]() By doing this you will reduce the amount of contact points at the auction rooms.Īrthur Johnson and Sons are requested without any legal obligation of any kind on their part, to execute the bids on the absentee bidder’s behalf. Whilst social distancing is in place we ask that payments are made online via our website or by bank transfer. Invoices will be emailed to successful bidders after the end of the auction. The successful bidder shall agree to pay the purchase price which will be the aggregate of the final bid, and a Buyer’s premium of 25% (inclusive of VAT) together with any VAT chargeable on the final bid.Īll purchases must be cleared within two working days of the sale after which storage charges may be incurred.īids are in GBP and must be whole pounds (no pence). This will be indicated by clicking on the fees button when viewing a lot. Some lots will be subject to VAT on the hammer price. IMPORTANT NOTES ON ABSENTEE BIDDING ONLINEĪ Buyer’s Premium of 25% (inclusive of VAT) will be charged on top of the hammer price for absentee bids, telephone bids and bidding in person.Ī Buyer's Premium of 28.3% (inclusive of VAT) will be charged for live bidding and autobids on our AJLive online bidding platform.
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