
Introduction: The following informative notes are intended to assist Buyers, particularly those inexperienced or new to our salerooms.
The golden rule is that all parties should have notice of the relevant terms and conditions before or at the time of the making of the contract. Similarly, sellers should preferably be supplied with a printed version of the ‘Terms of consignment’ when consigning property for sale. It is customary to print conditions of sale in catalogues and/or clearly display them in the saleroom or online before the auction sale takes place. Finally, it is of course essential that buyers and sellers are bound by relevant conditions.‘Conditions of sale’ for transactions which actually take place by auction. On using the expression ’Terms of consignment’ for sellers and other consignors whenīefore the auction takes place they consign the relevant property for sale, and Nevertheless, the two transactions between seller and auctioneer and seller and buyerĪre completely distinct contracts and we have therefore placed considerable importance If it were not so, the auctioneer would have no authority, for example, to give to buyers the benefit of any anti-forgery clause. It is, of course, essential that sellers are aware of and consider themselves bound by the relevant conditions of sale.
Many auction houses have hitherto made little attempt to separate these two fundamental documents and essentially use one set of conditions of sale with a short further document for vendors.
The two primary documents are the ‘Terms of consignment for sellers’ and the ‘Conditions of sale’. The authors had in mind general and specialised sales of chattels, including fine art. It is designed to reflect the law and provide what protection is reasonable for the seller, the auctioneer and the buyer in respect of duties and liabilities arising in the numerous transactions which take place throughout England and Wales. The opportunity has been taken to create the most up-to-date ‘Conditions of Business’ taken from the ‘model’ provided by the Royal Institution of Chartered Surveyors by consultation with the Office of Fair Trading. Some of these conditions create a direct contract between buyer and auctioneer. Secondly, buyers, though not primarily contracting with the auctioneer, who is merely an agent for the seller, nevertheless normally contract on standard conditions laid down by the auctioneer as agent. The auctioneer meets possible consumers at two points. Firstly, the seller is a consumer of the auctioneer’s services. These regulations also stipulate that contractual terms shall be expressed ‘in plain, intelligible language’. Furthermore, the Unfair Terms in Consumer Contracts Regulations 1994 apply to auction sales and lay down an indicative, non-exhaustive, list of standard terms which may be regarded as unfair and therefore not binding on the consumer. As is widely recognised, modern consumer protection law, whether it stems from the UK or the EU, is having a steadily increasing impact on the sale of chattels by auction. However we do not accept UPS or any other courier that is not prepared to pack your item. If you wish to use your own courier you are more than welcome to do so. Other MBE franchises near us include Sheffield & Nottingham Postage is usually done every 7 days dependant on quantities.Ī collection service is made 8 days following the Bourne, Grantham & Lincoln Collective Sales. Charges vary depending on the service provided. This means payment will also be made separately to your sale invoice. Golding Young Limited will invoice you separately for postage and packaging services, as this does not form part of the sale contract. If we are unable to provide you with a suitable service other couriers are available.Į: Email only service please note reception staff will not be able to assist with these queries All postage requests will be processed at our discretion. Parcels are sent every 7 days dependant on quantities. Golding Young Limited – Postage Department Please be organised and ensure you receive it in that time-frame. Remember you only have a 21-day period from the DATE of SALE to complain about a lot, NOT the date of receipt. Whilst they all have an excellent track record of service to our clients, they still remain your agent, not ours. The following specialist providers offer bespoke and considerably cost-effective shipping.
Please see below a list of various couriers who regularly collect from us, including a breakdown of our own in house service. We therefore introduced an in house postage and packaging department for the majority of items we sell. Here at Golding Young Limited we understand that when bidding online it is not always convenient or possible to collect your lots in person.