Sunday 21st December, 2014
"One of the UK's principal Fine Art Auctioneers, with General Sales, 
Fine Art Sales, Collectors Sales and Sporting Sales"
 

Below you will find some of the terms used in the auction industry which will help to explain how it all works. If, however, you would like any further information or clarification then please contact us direct.

Viewing days

At the viewing days before the sale you will be able to view all the lots on offer and to ask advice from our staff.

Lot numbers

Each item to be auctioned carries a number to identify it.

Estimate

This is an approximate guide to the price that a lot is expected to realise.

Bidding

Your name and address are registered into the computer and a numbered paddle is issued for you to bid with on the day. You indicate that you would like to bid by waving your paddle. If you are successful then your number will be announced by the auctioneer as the winning buyer.

Commission bid

You can leave your bids with us and we will endeavour to buy on your behalf as cheaply as possible. The bidding does not start at the price you indicate. Complete and submit a bidding form online or print a bidding form and fax it back to us.

Telephone bid

A limited number of telephone lines are available if you are not able to come to the auction but wish to bid in person.

Arrangements for this service should be made at least 24 hours before the start of the sale. A member of our staff will call you from the Saleroom shortly before the item comes up for sale. Please note that we cannot accept applications for this service on the day of the sale.

Hammer price

This is the price that the lot sold for at auction. In addition to this price you will have to pay a buyers premium charge.

Buyers Premium

All purchases are subject to a buyers premium charge and VAT. For applicable rates of premium and VAT see the Saleroom notices or our printed terms and conditions of sale.

Some lots, indicated with a dagger or double dagger in the printed auction catalogue, will also attract VAT on the Hammer price. (These are principally items from VAT registered businesses or have been imported from outside the EU).

Methods of payment

We accept Debit Cards and Credit Cards (a charge of 2% + VAT will apply on payments by credit cards). Cheques over £1000 will need to be cleared before the removal of goods are permitted.

We accept cash payments up to the equivalent of 15,000 euros.

Please discuss with the Accounts Department in advance of the Sale if you envisage an expenditure over these amounts.

All cheques should be made payable to "Lawrences".

Collection of goods

Whilst the responsibility for the collection of purchase(s) rests with the buyer, we are pleased to offer the following guidance regarding postage and packing:

For the avoidance of doubt, please note that Lawrences do not offer a full postage and packing service.

However, for a packing fee plus the cost of postage and when time allows, we are able to post small items such as jewellery, small items of silver, individual books, small ceramics, coins, medals etc. These items will be sent by Royal Mail Special Delivery (whose maximum insurance value is £2,500) and must meet their requirements. After a large auction, we are inundated with requests for packing. These are administered as swiftly as possible. Please be patient if you experience a slight delay.

Lawrences reserves the right to refuse to pack and post any item (or items) which we deem to be unsuitable for delivery by Royal Mail Special Delivery or which cannot be packed safely for a courier to collect. If you are in any doubt regarding the delivery or postage of items please contact Anne Lindsay on 01460 73041.