Please see our Terms & Conditions of Sale

• Reserve - Sometimes known as an "Upset Price". Usually set by the Seller after taking advice from the auctioneers, a Reserve is the figure below which an item will not be sold and remains confidential between the Seller and the Auctioneers
• Pre-auction estimates - Are prepared by Auctioneers for the benefit of prospective Buyers but are very much a matter of opinion. Although available during viewing and printed in each catalogue their accuracy cannot be guaranteed, Buyers should make their own assessments of worth.
• Hammer Price - The value at which the Auctioneer concludes the transaction.
• Buyers Premium - 15% of the hammer price + VAT, which is added to the final "Hammer Price"
• Variable Increment - Dependant on the value of the item being auctioned, the Auctioneer will usually advance the bidding, as follows :-
  • up to £30, in £2 and £3 increments
  • between £30 and £100 in £5 increments
  • between £100 and £200, in £10 increments
  • between £200 and £500 in £20 increments, thereafter, at the Auctioneer’s discretion

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