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Terms And Conditions Of Sale

for PURCHASERS

Entry

By catalogue only - which will be available on view day and day of sale.

VAT

The asterisk symbol * by a lot number indicates that VAT is payable by the purchaser at the standard rate on the hammer price. No VAT is payable on the hammer price or premium for books bought at auction.

VAT will be charged at the current standard rate.

Credit/Debit Cards
Payments made by credit cards, Visa and Mastercard only, and debit cards issued by overseas banks, are subject to a 2.5% surcharge plus VAT. Payments made by personal debit cards, issued by a UK bank, will not attract a surcharge.

Buyers Premium
A Buyers Premium is payable at 17% of hammer price, which is subject to VAT at the standard rate.

Clients using www.the-saleroom.com for live and commission bidding will be subject to a further 3% service charge of the hammer price, which is subject to VAT at the standard rate.

Artists Resale Rights
In accordance with Artists Resale Rights Regulations 2006 all lots marked (*) 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 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

Condition Reports
To professionally appraise any item we need condition requests prior to the view day.
For overseas buyers the deadline to receive enquiries is by 5pm two days before the sale.
It is our intention to carry out all condition reports prior to setting up day so notification as soon as possible will be much appreciated.

Commission Bids
Mullock's are pleased to advise clients and to execute bids on their behalf without extra charge. Commission bids will be accepted by post, telephone, email or fax, and any commissions will be purchased at a price as low as other bidding allows.

Commission bids will only be accepted on receipt of Credit or Debit Card details.

All commission bids must be received no later than 5pm on the day prior to the auction.
No commission bids will be accepted on the morning of the sale, except with our discretion.

Successful purchasers must notify the Auctioneers within 48 hours with packing/collection instructions. After which time all items will be packed automatically and these charges will be passed on to the purchaser whether collected or shipped.

Storage Charges
Mullock's reserve the right to levy a storage charge after 10 days of £1 per day for unpaid items and/or where shipping instructions have not been received.

Telephone Bids
Telephone bids will only be accepted on individual lots with a price guide of £100 and above, and telephone bids must be registered with our office by 6pm on the day prior to the auction.

Estimates
The estimated prices printed in the catalogue are approximate prices expected to be realised excluding Buyers Premium. They are not definite. They are prepared well in advance of the sale and are subject to revision.

Postage and Packing
Although Mullock's are not expert packers, we will pack and despatch lots for those bidders who cannot collect their items in person.

Charges will be made to cover all costs including labour, packing materials, storage, sourcing, documentation preparation, post office and courier collection & delivery, insurance and fuel surcharges.

Larger, bulkier and more expensive items will attract further charges to cover the extra carriage & insurance costs.

VAT will be applied at the standard rate where applicable.

Postage and packing quotes will not be given for parcels that cost under £15 to pack and send and will be sent insured and by the most economical way.

CONDITIONS OF SALE

The highest bidder shall be The Purchaser, subject to the right of the Vendor to bid and the right of the Auctioneers to reject any bidding. If any dispute arises between two or more bidders, such dispute shall be finally settled by the Auctioneers, or at their discretion the Lot may be resold.

The Auctioneers have the full power to withdraw or alter any lot or lots he may think proper. The bidding will be regulated by the Auctioneers. No bidding shall be retracted.

The Auctioneers act as agents only. Each lot, as set out in the Catalogue or as divided or joined with any Lot or Lots at the Sale at the sole discretion of the Auctioneers, is sold with all faults, imperfections and errors of descriptions, and neither the Vendors nor the Auctioneers are responsible for the authenticity, attribution, genuiness, origin, authorship, date, age, period, condition of quality of any lot. All statements whether made orally or contained in any catalogue, advertising matter, or made in any manner as to any such matters, are statements of opinion and are not to be taken as or implying, statements or representation of fact. Purchasers are deemed to have satisfied themselves by inspection or otherwise, as to all such matters and as to the physical description of any lot. Neither the Vendor or the Auctioneer make or give, nor has any person in the employ of the Auctioneers or Vendors any authority to make or give a representation or warranty, and in any event, neither the Vendor nor the Auctioneers are responsible for any statement howsoever made or expressed.

Until sold, each Lot shall be at the Vendor's risk. On the fall of the hammer, such risk shall devolve upon the Purchaser. The Purchaser of each Lot shall immediately give the Auctioneer his or her full name and address and, if required, pay the purchase money of such Lot otherwise at the conclusion of the day's sale. The Auctioneers on behalf of themselves and the Vendor shall have a lien on each Lot for the purchase money thereof until actual payment. Notwithstanding such lien and the right of possession aforesaid, the Auctioneers will not undertake any risk as regards any Lot, not liability whatever, as to preservation or delivery thereof.

Upon failure of complying with the above condition, the Auctioneers shall be at liberty to re-sell the Lot or Lots, whether by Public Auction or Private Sale on the premises or elsewhere and the deficiency, if any, together with all charges attending the same, shall be made good by the defaulter at this sale who shall have no claim to any surplus that may arise from each second sale.

Returns: It is the responsibility of the purchaser to ascertain the authenticity and condition of any lot prior to sale. Lots may only be returned by consent of the Auctioneers, and this consent will only be considered if the purchaser states reasons for default in writing within 10 days of the sale in the case of UK purchasers and 14 days in the case of overseas purchasers.

This right of return does not apply however to collections of ephemera, nor to items which are not named in the catalogue, stains, foxing, marginal wormholes nor other defects not affecting the completeness of the text NOR in respect of defects specifically mentioned in the catalogue entry at time of sale, nor in respect of lots sold for less than the £100 hammer price.