Important Information about this Auction
It is important that you read all the information about this auction to clearly understand all the costs, delivery process and committments of your bid if you successfully win the bid.
Auction Fees
The Buyer pays a Auction success fee, (A premium) of 18% + VAT for items purchased via auction. Additionally the Buyer pays 4.95% of the hammer price plus VAT to the e-Auction house. For example if the item sells for £100 the total purchase price the bid winner pays is £118.00 plus VAT plus £4.95 plus VAT. (ie buy price for a £100 bid is £122.95 plus VAT)
Shipping Fees:
If you do not collect the item after the auction and require iHaveit to deliver the item to you, all items are delivered by either Recorded or Royal Mail Special Delivery. The UK delivery costs are seperate and additional to the purchase price and will be £4.00 for items up to £50 and £7.00 for items over £50, plus any additional insurance you request to cover the item delivery. Costs for Overseas orders will be charged at cost, which we will advise you before shipping. If you have special delivery instructions do not hesitate to email us at [email protected]
Other Terms & Conditions
1. Default
For all purposes of a sale the Auctioneer is iHaveit. iHaveit shall be deemed to be the agent of both the Seller and the Purchaser and iHaveit shall not be considered responsible for any default on the part of either the Seller or Purchaser.
2. Warranty of Title
The vendor warrants to iHaveit and the buyer that he is the true owner of the property or is properly authorised to sell the property by the true owner and is able to transfer good and marketable title to the goods free from any third party claims.
The vendor warrants to iHaveit and it's servants and agents and the buyer against any loss or damage suffered by either in consequence of any breach of the above on the part of the vendor
3. Bidding
The highest bidder for each lot shall be the Purchaser of it. No one is entitled to retract a bid. iHaveit reserves the right of refusing any bid without giving any reason and of altering, adding to, dividing, consolidating or withdrawing any lot or lots for sale.
iHaveit reserve the right to fix a reserve price for any lot at a figure no higher than the lower estimate.
iHaveit reserve the right to bid on behalf of the Seller on lots which are subject to a reserve price. The Seller shall not be entitled to bid where iHaveit have reserved such a right. iHaveit will accept electronic commission bids from people who is unable to attend the sale. Bids can also be accepted by telephone or email at the sender's risk.
5. Online Bidding via the iHaveit BID ROOM
iHaveit offer an online bidding service for bidders who cannot attend the sale. In completing the bidder registration via the Bid Room and providing your credit card details and unless alternative arrangements are agreed with iHaveit you authorise iHaveit if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased in the auction via the Bid Room, and confirm that you are authorised to provide these credit card details to iHaveit through the Bid Room and agree that iHaveit are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale.
Please note that any lots purchased via iHaveit live auction service will be subject to an additional 4.95% commission charge + VAT at the rate imposed on the hammer price
6. Risk
All lots shall be the sole risk of the Purchaser from the fall of the hammer. The Purchaser shall take all lots in the condition in which he finds them. It is the responsibility of all intending Purchasers to satisfy themselves by inspection or otherwise as to the authenticity in the authorship, date, age, period, condition or quality of any lot.
7. Liability
Neither the Seller of any lot nor the Auctioneers make or give nor has any person in the employment of the Auctioneers any authority to make or give any representation or warranty in relation to any lot and any implied conditions or warranties are excluded. All statements contained in the Catalogue as to the authenticity, attribution, genuineness, origin, authorship, date, age, period, condition or quality of any lot are statements of opinion only and are not to be taken as or implying statements or representations of fact. Lots are sold subject to all faults and errors in description or otherwise.
8. Indemnity
The vendor shall duly indemnify iHaveit against any claim in connection with any goods sold by iHaveit on the vendors behalf.
9. Payment
The Purchaser shall pay the Hammer Price together with a premium of 18% of this Price. An 18% premium will be payable by the Purchasers outside the European Union (EU). Zero-rated goods such as books will be subject to a premium of 15% whether within or outside the EU unless entered by a VAT registered Seller.
Payments for lots must be made in cash, bankers draft or cheque guaranteed by the bank upon which it is drawn. Lots will not be released against cheques from Purchasers unknown to the Auctioneers until cleared by such Purchaser's bank. Payment is accepted by Visa and Mastercard. Payment is also accepted by most debit cards with no surcharge.
Overseas clients are requested to settle accounts by Bank Transfer, Visa or Mastercard.
10. Delivery
Lots will only be released once payment in full has been received from the Purchaser. Lots will be dispatched by Special Delivery, insured or air mail post or courier. Shipping costs will be paid by the Purchaser.
11. Jurisdiction
These Conditions shall be governed by English law and the parties submit to the exclusive jurisdiction of the English courts.
Updated 14th December 2018