A large quantity of foreign bank notes, European and Eastern etc

1.

Definitions
a) "The Auctioneer" means the firm of Willingham Auctions or any partner or employee thereof at the time of sale.
b) "The Buyer" shall have the meaning applied to it in condition 4" and for the purpose of these Conditions all Buyers shall be deemed to be principles" unless to the knowledge of the Auctioneer they are acting as agent on behalf of named principles.
c) "Forgery" means a lot (I) which is so constituted as deliberately to deceive when considered in the light of its catalogue description", and (II) whose value as such is materially less than if it has complied with the catalogue description.

2.
Explanatory Introduction
The Auctioneer acts only as agent for the Seller. The Auctioneer is not necessarily in a position to know the history or assess the quality of lots sold. 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. Buyers are given ample opportunity and viewing times to examine lots to be sold" and will be assumed to have done so. They must rely solely on their own skill and judgment as to whether lots are fit for any particular purpose" and as to compliance with the catalogue descriptions or illustrations. 

3.
Bids
All bids shall be treated as offers made upon these conditions of sale" and all persons present are admitted to attend the sale on the basis that they have notice of these Conditions.

4.
Ascertainment of Buyer
The buyer shall be the person making the highest bid that is acceptable to the Auctioneer as signified by the fall of the hammer. In the case of a dispute as to the highest bidding during or immediately after the sale of the lot" the Auctioneer may if he thinks fit put up the lot again for sale.

5.
Auctioneers Discretion
The Auctioneer has sole discretion 
a) To refuse any bid
b) To advance the bidding as he may decide
c) To decide whether there has been a dispute as to the bidding and under condition 4 to resell
d) To withdraw or divide any lot or combine one lot with another or others and 
e) To exclude any person from the auction room or to refuse to accept his bid.

6.
Reserves and Sellers Rights
Lots put up for sale are subject
a) to any reserve imposed by the seller
b) the right of the Auctioneer to bid on behalf of the Seller.

7.
Buyer's Duties
a) To register for a buyers number before purchase of any lot.
b) Supply, if so required, bank or other suitable references.
c) Pay the purchase price on the day of sale in a way acceptable to the auctioneer.
d) On proof of payment clear the lots purchased by him not later than 5.00pm on the Monday following the sale.

8.
Liability of Auctioneer and Seller
Subject to Condition 10 
a) Lots are sold with all faults and imperfections and neither the Seller nor the Auctioneers is responsible for any defects whatsoever.
b) No warranty or representation is given or authorised to be given by the Seller or the Auctioneer with regard to any lot other than the Seller had the right to sell the lot in question.
c) Any express or implied condition, warranties or representations whether relating to descriptions, quality or fitness for purpose are hereby expressly excluded.

9.
Catalogue Descriptions
Whilst every care is taken to ensure that the descriptions in the catalogue are accurate, the buyer must satisfy himself of what he is buying before bidding. 
Property in Lots and Risk
The buyer shall not become the owner of any lot, and the Auctioneer shall have a lien thereon" until the buyer has paid the purchase price in full" but after the fall of the hammer the risk of damage or loss to the lot in question shall nevertheless pass to and remain with the buyer.

10.
Default By Buyer
If the buyer fails to pay for or remove any lot bought by him, the Auctioneer shall have the right
a) To resell the lot by public auction or otherwise without the knowledge of the buyer
b) To store the lot at the Auctioneer's premises and to release the lot to the buyer only after payment (in addition to the purchase price) in full of all reasonable storage and removal expenses incurred, together with interest on the outstanding amount at 5% over base rate.



We would be grateful if you would spare a few moments to read the following information. If you then have any questions, please do not hesitate to contact us.

Sales
Sales are held every three weeks and include Antique Furniture and Furnishings, Ceramics and Glass, Silver and Silver Plate, Collectables and Works of Art, Paintings and Prints, Carpets and Rugs, Clocks and Barometers, Quality Modem Furniture and Period Furniture for Restoration.

Buyer Registration

We operate a bidding number system. Please register and obtain a number if you have not previously done so. This may be done either at the auction office or during viewing from a member of staff in the saleroom. This will be your permanent number, if you should lose it please notify the office where it can be looked up for you.

Guide prices

We are happy to assist with guide prices for specific lots.

Buyers Premium

A buyers premium of 21% plus VAT at the standard rate is payable on the hammer price. Please note: Lots purchased online with ATG media will attract an additional charge for this service in the sum of 4.95% of the hammer price plus VAT at the rate imposed.

Methods of Payment

We require settlement of purchases on the day of the sale, or by 5.00pm Monday at the latest, either by BACS payment (our bank details can be found on the bottom of your invoice) or debit card. All major debit cards are accepted (no surcharge). 


Commission Bids

Your maximum bid. The Auctioneer will bid on your behalf against other bids in the saleroom or any reserve price that might apply, with the intention of purchasing the lot for you as cheaply as possible. This service is undertaken at no extra charge, but without responsibility. The Auctioneers Conditions of Sale provide that he may at his own discretion, on you behalf, exceed your commission by one bid.

Telephone Bids

Telephone bids can be accepted on items of a higher value.

Catalogue Descriptions

Prospective buyers are strongly advised to inspect any lot on which they intend to bid. Whilst care is taken to ensure that catalogue descriptions are accurate, descriptions are statements of opinion, and are not to be taken as statement or representation of fact. 

Post 1950 Upholstered Furniture
All items of furniture included marked with a * in this sale are offered for sale as works of art. The items may not comply with the Furniture and Furnishings (Fire) Safety Regulations 1988 and for this reason, they should not be used in a private dwelling.

Advice

Advice regarding the sale of individual items or entire house contents can be given by one of our Valuers either at our saleroom or at your home without charge or obligation.

Vendors commission

Vendor's commission is charged at 17.5% plus VAT at the standard rate with a minimum commission of £5 per lot.

Insurance

Insurance is charged at 50 pence per lot and covers all items in our care until the fall of the hammer where after the buyer becomes responsible.

Payment

Payment is made by BACS 10 days after the sale after the sale, providing we have received payment from purchasers. We pride ourselves on fast settlement to vendors.

Export of Goods
If you intend to export Goods you must find out:

• whether an export licence is needed; and
• if there is a prohibition on importing Goods of that character e.g. because the Goods contain prohibited materials such as Ivory or Rhino horn