If a submitted item goes missing our procedure is as follows. If no evidence is found we will insure the cost of the item. It will then be down to the authorities to deal with issue from there on and all monies lost can be regained by the criminal offender. We are not responsible for items which are stolen but if any dispute is made we will make all video evidence available to any parties including the police required to show a theft occurred.
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The full responsibility for the item is with the seller until the item has left the premises with the new owner.Īny item which doesn’t receive a payment from the buyer the auctioneer reserves the right to re-enter it into the next appropriate auction. We recommend all items before sale are PAT tested but do not require it to be entered to the sale. Under no circumstances can items be removed from any auction the day of the sale.Īny electrical items entered in to the sale are not the responsibility of Bolton auction rooms ltd to verify the safety of the item. Items in our general auction – we have a fixed withdrawal fee of £10 + VAT per item after 10am on the Friday before the auction.
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If the item has been online for more than one week, the withdrawal fee will be 30% of the lowest estimate plus VAT.
We have a withdrawal fee of 15% plus VAT of the lowest estimate for items in our antique auction (minimum £10). If it was to be removed from the sale without a prior agreement between the vendor and the auctioneer it will incur a removal charge of 10% of the reserve price. If the item has not met the reserve it will automatically be placed in to the next sale and the same criteria will be followed until the successful sale of the item. The auctioneer withholds the right to a 10% discretion on the hammer price if deemed necessary for the sale of the item. All reserves for the fine art, antique and collectable sale will be authorised by the auctioneer/manager only and will be agreed in writing prior to the sale. If a situation arises Bolton auction rooms ltd will hand all evidence gathered to the correct authorities and any cost to the auction room will be claimed from the vendor, who by entering an item in to the sale agrees fully to these conditionsĪll sale items are without a reserve set in the general sale.
Bolton auction rooms ltd will not be held responsible for any information found in breaching said agreement with the vendor.
There is a minimum commission charge of £1.50 + VAT if the item is sold for less than £10.Īll auctions the insertion fee will be £1 +VATīy entering an item into our sale the vendors are exercising their full ownership and entitlement to sell the item. Sellers Commission is set at 15% of the hammer price + VAT.
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We accept items everyday except Monday, please feel free to drop by any time before 4.30pm Monday to Saturday, 3.30pm SundayĪny monies owing to vendors can be collected 10 days after the sale and will be paid by BACs only Any items which you may have can be brought to us, our staff will have the final decision on which auction your item/items will be entered, either our weekly general sale or monthly antique and collectable sale
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