Buyers Terms and Conditions
PHSA reserves the right to refuse any bid without reason, any bid received after 9am on sale day may not be applied to the auction.
PLEASE NOTE: All bidders at Pump House Specialist Auctions Ltd acknowledge that they have read these terms and conditions of sale and agree to be bound thereby. If you do not understand any of these terms or conditions, please ask a staff member for clarification before registering.
Identification – All purchasers are required to have a Bidder’s Number to bid and shall supply Pump House Specialist Auctions Ltd with their full name, address and telephone number. All bidders must register or be registered before sale and bid is placed. The bidder may be required to pay 50p in the £1 or more, in part payment of the purchase money, in default of which the lot or lots purchased, may be immediately put up again and re sold.
The auctioneer has the right at his absolute discretion to refuse any bid. The highest bidder shall be the buyer at the hammer price.
All condition reports are to be considered “a valuer’s opinion” and should not be considered fact or relied upon. Condition reports are only provided by email. Conversations regarding the condition of forth coming Lots via phone or at our premises do not constitute a condition report.
Pump House Specialist Auctions Ltd acting as agents, reserve the right to withdraw any lot or lots from the sale without giving reasons
The lots to be taken away at the buyer’s risk and expense, not later than 4pm on the day following the sale, in default of which Pump House Specialist Auctions Ltd will not hold themselves responsible if the same lots are stolen, damaged or otherwise destroyed, but they will be left at the sole risk of the purchaser and subject to a charge for warehousing. If at the expiration of 2 days after the conclusion of the sale unless otherwise agreed the lots are not cleared or paid for they may be sold immediately either publicly or by private treaty, without notice being given to the defaulters.
Upon failure of the buyer to comply with any of the above conditions, the money deposited in part- payment shall be forfeited and the defaulter at the sale shall make good any loss arising from the pre-sale, together with the charges and expenses in respect of both sales.
All lots are put for sale subject a) to any reserve price imposed by the seller and b) to the right of the seller to bid either personally or else by any one person who may be the auctioneer
Dispute between bidders – If any dispute arises between two or more bidders, the auctioneer may decide the same or may immediately put the lot up for sale again, and resell to the highest bidder. The decision of the auctioneer shall be final and absolute.
Condition of items sold – The auctioneer shall not be responsible for the correct description, authenticity, genuineness of, estimated selling price of, or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloguing, or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold “as seen” and without recourse
Description – care is taken to ensure that any statement as to the authorship, attribution, origin, date, age, provenance and condition is reliable and accurate, but all such statements are statements of opinion and are not to be taken as statements or representation of fact. It is the buyer’s responsibility to satisfy themselves before purchase of any lot, no refunds will be given once an item has left the premises.
Manner of payment – All lots are to be paid in full by cash, MasterCard, Visa, or Debit Card before the close of the auction. PHSA does not accept cheque.
All purchased lots must be collected and paid within 5 days of the sale, all uncollected lots after 5 days will be left at the sole risk of the purchaser and subject to a charge for warehousing at a cost of £10 per lot per day .
ALL LOTS SUBJECT TO BUYERS’ PREMIUM 22% + VAT
