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Buying at Roseberys

The following is intended to serve as a useful quick reference to buying at Roseberys. Prior to bidding please familiarise yourself with our full conditions of sale which are applicable when bidding at one of our auctions. Our staff are available to assist you with any questions you may have.

Viewing

Catalogues are available from reception and all lots are listed and illustrated at www.roseberys.co.uk

Condition is not stated in the catalogue description and buyers are encouraged to view lots in person prior to bidding to satisfy themselves as to the accuracy of the description and condition of lots.



New Bidders
New buyers are required to register before bidding. This can be done in person at reception, via email to auctions@roseberys.co.uk or by fax to +44 (0) 20 8761 2524. Photographic identification, full contact details and proof of address are required. Roseberys cannot accept bids from unregistered buyers. Once registered you will be provided with a paddle which states your bidding number for the auction.



New International Bidders
In addition to providing proof of identity, new international bidders must leave a ?500 deposit the first time they register and before bidding. Successful bidders will be refunded their deposit once they have paid for their lots. Unsuccessful bidders will automatically be refunded within a week of the auction.



Methods of bidding

? In person: at the auction room.

? Commission bid: If you are unable to attend the auction commission bids may be left indicating the maximum amount to be bid excluding the buyer’s premium. All bids must be received at reception at least one hour before the start of the auction.

? Online bidding: You can follow the auction live online and bid via the internet at www.the-saleroom.com and www.liveauctioneers.com Bidders must register by 9am on the morning of the auction to be able to buy online. Successful online bidders are charged an additional premium of 3% by the internet platform.

? Telephone bidding: A limited number of phone lines for lots in the auction are available for bidders subject to a minimum threshold. A member of staff would telephone your during the auction and bid live on your behalf. Please contact reception if you would like to enquiry about booking a phone line. The number of lines is limited so we would urge serious telephone bidding only and ask that you be prepared to bid over the top estimate.



Buyer’s Premium

Each lot is subject to a 23% buyer’s premium plus VAT at the standard rate (27.6% inclusive of VAT)



VAT

VAT is not charged on the hammer price unless there is either an asterisk (*) or it is stated that there is ‘VAT applicable on the hammer price’. Buyer’s premium is subject to VAT.



Artist’s Resale Rights/Droit de Suite

Some lots as indicated in the catalogue may be subject to Artist’s Resale Rights/Droit de Suite.

This was introduced by a European Directive in 2006 to ensure that artists receive a royalty when their work is resold by an auction house or gallery. This Right applies to living artists and to those who have died within the last 70 years who are from applicable countries. This royalty is paid by the purchaser on top of the hammer price if the sale price reaches or exceeds 1000 euros. The amount payable is on a sliding scale e.g. up to 50,000 euros, the royalty rate is 4% of the sale price. The maximum royalty a work can earn is capped at 12,500 euros.



Payment

Payment is required immediately after the auction and can be made in the following ways:

? Cash: up to the sterling equivalent of 15,000 Euros on the day of the transaction

? Debit cards: Switch, Delta, Visa

? Credit cards: subject to a 2% surcharge

? Non UK debit and credit cards: subject to a 2% surcharge

? Bank transfer: payment is accepted via bank transfer to the following account, (International bank transfers are subject to a ?25 administration fee.)

Natwest Bank plc, Bloomsbury Parr’s branch, Sort Code 60-30-06, Account number 36952613,
Swift code NWBKGB2L, Iban GB80NWBK60300636952613.

? Online via www.roseberys.co.uk

Clearance of Goods

Furniture and Rug lots are required to be collected within 3 working days following the auction, all other lots are required to be collected within 5 working days following the auction. After this storage charges of ?2 per day per lot plus VAT will be applied.



Delivery

Roseberys is unable to pack and ship items but can suggest the following companies:

London/Surrey
?Capital Fine Art Move: 07957 209523
?Bernard Thornton: 07970 118762

Nationwide/International
?Mail Boxes Etc: 020 8649 9777

Specialist Packing
?Pack and Send: 0845 4650564

In order to release to a third party carrier you must inform Roseberys in writing of the lot number and carrier name. Please email reception@roseberys.co.uk



Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding.The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.