5/15/2023 0 Comments Omega supreme“Seller” means the persons who consign Lots for sale at our auctions “Sale Proceeds” means the net amount due to the Seller “Reserve” means the minimum hammer price at which a Lot may be sold “Premium ” means the premium that we will charge you on your purchase of a Lot to be calculated as set out in Clause 4 “Lot(s)” means the goods that we offer for sale at our auctions “Hammer Price” means the level of the highest bid for a Lot accepted by the Auctioneer by the fall of the hammer “Deliberate Forgery” means: (a) an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source (b) which is described in the catalogue as being the work of a particular creator without qualification and (c) which at the date of the auction had a value materially less than it would have had if it had been as described “Buyer” means the person who makes the highest bid for a Lot accepted by the Auctioneer “Bidder” means a person participating in bidding at the auction “Auctioneer” means Omega Auctions Ltd, a company registered in England and Wales with registration number 05895815 and whose registered office is located at Sankey Valley Industrial Estate, Newton-le-Willows, Merseyside, WA12 8DN. Terms of Sale for Buyers 1 Definitions and Interpretationġ.1 To make these Terms of Sale easier to read, we have given the following words a specific meaning: You also agree to pay interest at the relevant reference rate provided for under the Late Payment of Commercial Debts (Interest) Act 1998, which interest is payable both after and before any judgment of the court and continues to accrue. You agree that you will be legally liable to pay us that surcharge, and that payment of the same can be enforced against you in court. In the event that an account is outstanding after 14 days, we will refer the matter to our debt collection agents, Daniels Silverman Limited, which will incur a surcharge of 20% of the debt, plus VAT at the prevailing rate. An account remaining outstanding after 7 days will have a £24 (inclusive of VAT) administration charge applied. Payment must be made on time, in full, and without any deduction, set off or counterclaim. Important Information regarding non-payment: Shipping is at the risk and expense of the buyer. In order for us to provide shipping, payment must be received within 2 days of the end of the auction. Please note that we do not provide a packaging-only service. We are happy to provide an approximate shipping quote in advance of the sale for items you are interested in. For large/bulky or particularly fragile items please check with in advance that we are able to ship. For framed items we can either remove from frames or ship in frames at your risk. ![]() We cannot insure against broken glass and whilst we package carefully, we cannot accept any liability for damage in transit. Shipping: If you have bid online, telephone bid or absentee bid and are successful, we can usually arrange shipping for invoices with a value less than £10,000, which can easily be shipped via Royal Mail or our nominated courier. Payment is required within 2 working days of the sale.Ĭollection is available from our Netwon-le-Willows saleroom. ![]() We do not take card payments over the telephone. For example, if you bid up to £100, you will pay £128.80 in total.Ĭredit/debit card up to £5,000 (a surcharge of 3% will apply for buyers outside of the UK) For example, if you bid up to £100, you will pay £134.80 in total.īidding on / telephone bid / absentee bid / in personĢ8.8% (inclusive of VAT) of the hammer price. 34.8% (inclusive of VAT) of the hammer price.
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