22
Lot
22
Collections and Shipping Logistics:
On receipt of cleared funds, lots can be collected from our storage facility in Wellingborough.
Please contact the auctioneer for the full details and to make a timed appointment.
Alternatively, we can organise packing for postage and shipment on a worldwide basis.
Please contact us for a quote.
On occasions due to high value, complicated customs arrangements or for the need of highly specialised packing, we will recommend a third-party professional packer and shipper.
All glass will be removed from framed and glazed items prior to posting and may result in delays to shipping your items. (This service is included in the cost of postage and packing).
We can also totally remove all framing and mounts upon request to reduce shipping costs.
Alternatively, lots can be collected in person by prior appointment from NN8 1RT.
Overseas Bidders:
Are responsible for all import duties, customs charges, and VAT payable in the destination country.
Customs declarations will be based on the final hammer price of winning bids without exception.
We are currently seeing unprecedented delays in customs clearance times around the world, it is not uncommon for this to take several weeks and unfortunately, we cannot do anything to expedite the process or be held responsible for any delays.
SESSION ONE
11am Lots 1 to 204
SESSION TWO
2.30pm Lots 205 to 384
A GUIDE FOR BIDDING AND BUYING AT THE LIVERPOOL FOOTBALL CLUB AUCTION AT ANFIELD STADIUM
Conditions of Business
All lots are offered subject to Graham Budd Auctions Ltd's Conditions of Business which you can view here.
Attending the Exhibition and Auction and bidding
IMPORTANT NOTICE
For guaranteed entry to the exhibition and auction you must pre-register with Graham Budd Auctions. To do this you must have first purchased the printed auction catalogue, which admits one person only. Inside the catalogue you will find a uniquely numbered bidding paddle. If you wish to attend the event email the auctioneer gb@grahambuddauctions.co.uk quoting your bidding number. You will receive a confirmation email. When coming to the stadium please remember to bring your catalogue, bidding paddle and confirmation email. If you are bidding with Graham Budd Auctions for the first time you will also be required to present photographic ID at the Registration Desk.
If you are a successful bidder at the auction, all lots sold will be invoiced to the name and address in which the paddle was registered and may not be transferred to another name and address.
When you wish to bid please raise your paddle clearly to ensure you catch the eye of the auctioneer. If you are the winning bidder please keep your paddle raised until the auctioneer calls the number.
Purchases can be paid for and collected from the stadium on the day of the auction, further details are printed elsewhere in this guide.
Other methods of bidding if not attending the auction in person.
If you are unable to attend the auction at the stadium you can still participate from anywhere in the world. There are three different methods: Live Internet Bidding, Absentee Bidding and Telephone Bidding.
Live Internet Bidding
This auction will have a live internet bidding facility with a video and audio feed that can be accessed globally. You will need to register for the auction at www.the-saleroom.com. Please note that an additional fee will apply for use of this service (see Buyer’s Premium and VAT below for full details). You will also be required to provide credit/debit card details during the registration process.
Absentee Bidding
The auctioneer can execute bids on your behalf. The easiest way is by registering as a client at our website www.grahambuddauctions.co.uk/create-an-account. You will then be able to leave and manage bids up until 9am on the morning of the auction. You would need to declare your maximum limit. The auctioneer will try and secure the lot for you as inexpensively as possible, subject to the competition you encounter from other bidders.
If you would prefer, you can simply email your bidding instructions to the auctioneer gb@grahambuddauctions.co.uk. Please be sure to provide your full contact details and check the bidding instructions carefully before submitting.
Telephone Bidding
It will be possible to arrange auction telephone bidding at this sale, subject always to the availability of lines and staffing. Email gb@grahambuddauctions.co.uk to register the lots you are interested in. During the auction we will call you from the saleroom shortly before your lot is coming under the hammer. You will be able to hear the auctioneer and our member of staff will bid on your behalf when instructed by you.
Buyer’s Premium and VAT
At auction the final selling bid is known as the ‘hammer price’. The auctioneer charges a buyer’s Premium of 17.5% of the hammer price when bidding is conducted in person in the room or by absentee and telephone bidding. The auctioneer charges a buyer’s Premium of 20.5% of the hammer price when a lot is bought using the Live Internet Bidding platform provided by the-saleroom.com.
Buyer’s premium is subject to VAT at the current rate of 20%.
Therefore the final invoice total for room, absentee and telephone bidders will be 21% above the hammer price inclusive of VAT, and 24.6% above the hammer price for saleroom.com bidders inclusive of VAT.
An example for a lot purchased at £100 would be as follows:
Room, absentee and telephone bidders
£100 hammer price. £17.50 buyer’s premium. £3.50 VAT on buyer’s premium.
TOTAL AMOUNT DUE: £121.00
Live internet bidders at the-saleroom.com
£100 hammer price. £20.50 buyer’s premium. £4.10 VAT on buyer’s premium.
TOTAL AMOUNT DUE: £124.60
VAT in respect of non-EU buyers
If a non-EU (European Union) buyer instructs the purchase to be shipped outside the EU then the auctioneer can demonstrate proof of export and thereby be authorised to remove the VAT from the buyer’s invoice. If however a buyers is handling the export in person or through instructing a shipper independently the VAT will have to be paid and then reclaimed by the buyer or buyer’s shipper at the port of departure. Buyers are reminded that it is their responsibility to comply with UK export regulations and any local import requirements.
If VAT can be removed for a non-EU buyer as described above then an example of an invoice total for a lot purchased for £100 would be as follows:
Room, absentee and telephone bidders.
£100 hammer price. £17.50 buyer’s premium.
TOTAL AMOUNT DUE: £117.50
Live internet bidders at the-saleroom.com
£100 hammer price. £20.50 buyer’s premium.
TOTAL AMOUNT DUE: £120.50
Estimates
Every lot in the auction catalogue has a low and high estimate. Estimates are published as a guide only. The final hammer price of a lot may be higher or lower than the range of figures given and there are no predetermined starting bids. The published estimates are exclusive of buyer’s premium and VAT. For the avoidance of doubt for overseas bidders the auction is conducted in British Pounds Sterling.
Certificates of Authenticity
Every lot purchased at the auction will be accompanied by a Certificate of Authenticity specially created for the auction by Liverpool Football Club. The certificates are individually prepared bearing a specific lot number.
Payment and Collection for bidders attending the auction at Anfield.
Successful room bidders can pay and collect their purchases from the saleroom on the day of the auction. Payment can be made by Debit or Credit Card or by cash. We are unable to accept cheques or any form of electronic or online payments on sale day.
Room bidders are not obliged to collect their purchases on sale day but PLEASE NOTE that all uncollected lots will be transferred from the stadium to the auctioneer’s appointed storers and shippers Whittle International Movers Ltd (see collections and shipping logistics for full details).
Payment for absentee, telephone and internet bidders or attendees not collecting on auction day
After the auction bidders will be sent an invoice by email, or post if an email address cannot be provided. Payment can be made by the following methods. Please use the invoice number as the payment reference.
Electronic transfers and Internet Banking
Barclays Bank PLC, 212 Regent Street, London, W1A 4BP
Sort Code: 20-71-74
Account Number: 60420255
Account Name: Graham Budd Auctions Ltd
FOR OVERSEAS BUYERS
IBAN number: GB64BARC20717460420255
SWIFT/BIC number: BARCGB22
Online with STRIPE
Clients who are registered account holders at www.grahambuddauctions.co.uk can pay safely and securely online free of charge with STRIPE.
Debit and Credit Cards
We are pleased to accept VISA, Mastercard and Amex. If it is possible we would politely ask if you could use a debit card rather than a credit card. Please provide us with your card information ONLY by telephone +44 (0) 208 366 2525.
Paypal
Our Paypal email is gb@grahambuddauctions.co.uk
Sterling Cheque, Bankers Draft or Building Society Cheque
Drawn on a recognised UK bank or building society. Please note we require seven days to clear cheques and banker’s drafts before release can be authorised.
COLLECTIONS AND SHIPPING LOGISTICS
After the conclusion of the auction all uncollected purchase lots will be transferred from the stadium to the auctioneer’s appointed storers and shippers Whittle International Movers Ltd.
Whittle will store and insure all purchased lots free of charge for a period of 28 days following the auction. After settling the auction invoice with Graham Budd Auctions, the auctioneer will forward the buyer’s details to Whittle and authorise that the purchased lots can be released to the buyer. Purchases are available for collection from Whittle’s premises from Monday 26th February. The opening hours are Monday-Friday 8.30am to 4.30pm.
Lots can be collected in person by the buyer or through an authorised agent or shipper. Please ensure that you or your agent/shipper are in possession of the auction invoice and a form of personal ID. Please note the auction invoice MUST have been pre-settled with Graham Budd Auctions and cannot be paid via Whittle on arrival.
If you are unable to collect in person, Whittle can supply competitive quotations for packing and shipping of purchases on a worldwide basis. It may also be possible to arrange a door-to-door delivery service for addresses in Liverpool, Merseyside and the surrounding region.
You are not obliged to use Whittle for shipping services, but if you instruct your own courier or shipper who expect the items to be pre-packed on collection then Whittle would raise a charge for this service.
Failure to collect purchases and storage fees
Whittle will store and insure all purchased lots free of charge for a period of 28 days following the auction (until 22nd March 2018). Thereafter, a handling fee of £25.00 will be raised in addition to storage charges of £5 per lot per week. PLEASE NOTE uncollected lots will not be insured from 23rd March 2018 onwards.
ADDRESS
Whittle International Movers Ltd
Units 1-4 Charnley Fold Lane
Bamber Bridge
Preston
Lancashire
PR5 6AA
Contact: Simon Ashworth
Tel: 01772 626565
Email: simon@whittle.co.uk
DRIVING DIRECTIONS
Sat Nav postcode: PR5 6AA
Head out of Liverpool on the M58 and merge with the M6 at j.26, signposted Preston. At j.29 take the exit onto the M65 signposted Burnley, Blackburn, Preston south. After about a mile take the 2nd exit at the roundabout, signposted A6 Preston. At the next roundabout take the 3rd exit onto Brownedge Road (B5257) towards Bamber Bridge. Go through one roundabout before turning left at the next into Station Road. Go straight ahead at the next roundabout and at the following take the 2nd exit onto School Lane. After about 200 yards turn left at the crossroads into Charnley Fold Lane. Whittle’s premises are on the right-hand side.
Graham Budd Auctions Conditions of Business
All lots are subject to Graham Budd Auctions Ltd’s full Conditions of Business which are printed at the back of the auction catalogue.
Condition Reports
All prospective bidders are encouraged to attend the exhibition and view lots in person. If this is not possible, however, we will be pleased to provide condition reports on lots where practical. All condition reports are provided in good faith. Buyers are reminded that it is their responsibility to satisfy themselves over the condition of lots (refer to Conditions of Business paragraphs 3 a & b).
Credit Card Registration for Internet Bidding
In completing the bidder registration at the-saleroom.com you will be required to provide your credit card details. If you are a successful bidder you do not have to use the registered card as your method of payment (a full list of payment methods follow). However, if you do not advise the auctioneer of an alternative payment arrangement by registering your card at the-saleroom.com you authorise Graham Budd Auctions Ltd, if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased online at the auction. By registering at the-saleroom.com you also confirm that you are authorised to provide these credit card details to Graham Budd Auctions Ltd and agree that Graham Budd Auctions Ltd are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale
Conduct of the Auction
The auctioneer will commence the bidding at the “starting bid” and advance the bidding in such increments as he considers appropriate. The contract between the buyer and the seller is concluded on the striking of the auctioneer’s hammer. The auctioneer shall have discretion to refuse bids, withdraw or re-offer for lots for sale (including after the fall of the hammer) if he believes that there may have been an error or dispute, and may also take such other action as he reasonably deems necessary. Title in a lot will not pass to the buyer until GBA has received the purchase price in cleared funds.
Remedies for non-payment
Without prejudice to any rights that the seller may have, if the buyer fails to make payment for the lot, GBA may in its sole discretion exercise one or more of the following remedies:-
(a) cancel the sale of the lot;
(b) charge interest at 4% per annum above The Bank of England’s Base Rate from the payment date to the date that the purchase price is received in cleared funds;
(c) re-sell the lot by auction or privately, with the new sale price at GBA’s discretion, in which case the buyer will be liable for any shortfall between the original purchase price and the amount achieved on re-sale;
(d) commence legal proceedings to recover the purchase price for the lot, plus interest and legal costs;
(e) disclose the Buyer’s details to the seller to enable the seller to commence legal proceedings.
Data Protection
GBA will use information supplied by bidders or otherwise obtained lawfully by GBA for the provision of auction related services, client administration, marketing and as otherwise required by law. By agreeing to these Conditions of Business, the bidder agrees to the processing of their personal information and to the disclosure of such information to third parties world-wide for the purposes outlined in the above service provisions, and to the seller solely in the event on non-payment.
Miscellaneous
a) All images of lots, catalogue descriptions and all other materials produced by GBA are the copyright of GBA.
b) These Conditions of Business shall be interpreted in accordance with English Law, under the exclusive jurisdiction of the English Courts, in favour of GBA.
Your question has been sent to the auctioneer.
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General delivery information available from the auctioneer
Collections and Shipping Logistics:
On receipt of cleared funds, lots can be collected from our storage facility in Wellingborough.
Please contact the auctioneer for the full details and to make a timed appointment.
Alternatively, we can organise packing for postage and shipment on a worldwide basis.
Please contact us for a quote.
On occasions due to high value, complicated customs arrangements or for the need of highly specialised packing, we will recommend a third-party professional packer and shipper.
All glass will be removed from framed and glazed items prior to posting and may result in delays to shipping your items. (This service is included in the cost of postage and packing).
We can also totally remove all framing and mounts upon request to reduce shipping costs.
Alternatively, lots can be collected in person by prior appointment from NN8 1RT.
Overseas Bidders:
Are responsible for all import duties, customs charges, and VAT payable in the destination country.
Customs declarations will be based on the final hammer price of winning bids without exception.
We are currently seeing unprecedented delays in customs clearance times around the world, it is not uncommon for this to take several weeks and unfortunately, we cannot do anything to expedite the process or be held responsible for any delays.
SESSION ONE
11am Lots 1 to 204
SESSION TWO
2.30pm Lots 205 to 384
A GUIDE FOR BIDDING AND BUYING AT THE LIVERPOOL FOOTBALL CLUB AUCTION AT ANFIELD STADIUM
Conditions of Business
All lots are offered subject to Graham Budd Auctions Ltd's Conditions of Business which you can view here.
Attending the Exhibition and Auction and bidding
IMPORTANT NOTICE
For guaranteed entry to the exhibition and auction you must pre-register with Graham Budd Auctions. To do this you must have first purchased the printed auction catalogue, which admits one person only. Inside the catalogue you will find a uniquely numbered bidding paddle. If you wish to attend the event email the auctioneer gb@grahambuddauctions.co.uk quoting your bidding number. You will receive a confirmation email. When coming to the stadium please remember to bring your catalogue, bidding paddle and confirmation email. If you are bidding with Graham Budd Auctions for the first time you will also be required to present photographic ID at the Registration Desk.
If you are a successful bidder at the auction, all lots sold will be invoiced to the name and address in which the paddle was registered and may not be transferred to another name and address.
When you wish to bid please raise your paddle clearly to ensure you catch the eye of the auctioneer. If you are the winning bidder please keep your paddle raised until the auctioneer calls the number.
Purchases can be paid for and collected from the stadium on the day of the auction, further details are printed elsewhere in this guide.
Other methods of bidding if not attending the auction in person.
If you are unable to attend the auction at the stadium you can still participate from anywhere in the world. There are three different methods: Live Internet Bidding, Absentee Bidding and Telephone Bidding.
Live Internet Bidding
This auction will have a live internet bidding facility with a video and audio feed that can be accessed globally. You will need to register for the auction at www.the-saleroom.com. Please note that an additional fee will apply for use of this service (see Buyer’s Premium and VAT below for full details). You will also be required to provide credit/debit card details during the registration process.
Absentee Bidding
The auctioneer can execute bids on your behalf. The easiest way is by registering as a client at our website www.grahambuddauctions.co.uk/create-an-account. You will then be able to leave and manage bids up until 9am on the morning of the auction. You would need to declare your maximum limit. The auctioneer will try and secure the lot for you as inexpensively as possible, subject to the competition you encounter from other bidders.
If you would prefer, you can simply email your bidding instructions to the auctioneer gb@grahambuddauctions.co.uk. Please be sure to provide your full contact details and check the bidding instructions carefully before submitting.
Telephone Bidding
It will be possible to arrange auction telephone bidding at this sale, subject always to the availability of lines and staffing. Email gb@grahambuddauctions.co.uk to register the lots you are interested in. During the auction we will call you from the saleroom shortly before your lot is coming under the hammer. You will be able to hear the auctioneer and our member of staff will bid on your behalf when instructed by you.
Buyer’s Premium and VAT
At auction the final selling bid is known as the ‘hammer price’. The auctioneer charges a buyer’s Premium of 17.5% of the hammer price when bidding is conducted in person in the room or by absentee and telephone bidding. The auctioneer charges a buyer’s Premium of 20.5% of the hammer price when a lot is bought using the Live Internet Bidding platform provided by the-saleroom.com.
Buyer’s premium is subject to VAT at the current rate of 20%.
Therefore the final invoice total for room, absentee and telephone bidders will be 21% above the hammer price inclusive of VAT, and 24.6% above the hammer price for saleroom.com bidders inclusive of VAT.
An example for a lot purchased at £100 would be as follows:
Room, absentee and telephone bidders
£100 hammer price. £17.50 buyer’s premium. £3.50 VAT on buyer’s premium.
TOTAL AMOUNT DUE: £121.00
Live internet bidders at the-saleroom.com
£100 hammer price. £20.50 buyer’s premium. £4.10 VAT on buyer’s premium.
TOTAL AMOUNT DUE: £124.60
VAT in respect of non-EU buyers
If a non-EU (European Union) buyer instructs the purchase to be shipped outside the EU then the auctioneer can demonstrate proof of export and thereby be authorised to remove the VAT from the buyer’s invoice. If however a buyers is handling the export in person or through instructing a shipper independently the VAT will have to be paid and then reclaimed by the buyer or buyer’s shipper at the port of departure. Buyers are reminded that it is their responsibility to comply with UK export regulations and any local import requirements.
If VAT can be removed for a non-EU buyer as described above then an example of an invoice total for a lot purchased for £100 would be as follows:
Room, absentee and telephone bidders.
£100 hammer price. £17.50 buyer’s premium.
TOTAL AMOUNT DUE: £117.50
Live internet bidders at the-saleroom.com
£100 hammer price. £20.50 buyer’s premium.
TOTAL AMOUNT DUE: £120.50
Estimates
Every lot in the auction catalogue has a low and high estimate. Estimates are published as a guide only. The final hammer price of a lot may be higher or lower than the range of figures given and there are no predetermined starting bids. The published estimates are exclusive of buyer’s premium and VAT. For the avoidance of doubt for overseas bidders the auction is conducted in British Pounds Sterling.
Certificates of Authenticity
Every lot purchased at the auction will be accompanied by a Certificate of Authenticity specially created for the auction by Liverpool Football Club. The certificates are individually prepared bearing a specific lot number.
Payment and Collection for bidders attending the auction at Anfield.
Successful room bidders can pay and collect their purchases from the saleroom on the day of the auction. Payment can be made by Debit or Credit Card or by cash. We are unable to accept cheques or any form of electronic or online payments on sale day.
Room bidders are not obliged to collect their purchases on sale day but PLEASE NOTE that all uncollected lots will be transferred from the stadium to the auctioneer’s appointed storers and shippers Whittle International Movers Ltd (see collections and shipping logistics for full details).
Payment for absentee, telephone and internet bidders or attendees not collecting on auction day
After the auction bidders will be sent an invoice by email, or post if an email address cannot be provided. Payment can be made by the following methods. Please use the invoice number as the payment reference.
Electronic transfers and Internet Banking
Barclays Bank PLC, 212 Regent Street, London, W1A 4BP
Sort Code: 20-71-74
Account Number: 60420255
Account Name: Graham Budd Auctions Ltd
FOR OVERSEAS BUYERS
IBAN number: GB64BARC20717460420255
SWIFT/BIC number: BARCGB22
Online with STRIPE
Clients who are registered account holders at www.grahambuddauctions.co.uk can pay safely and securely online free of charge with STRIPE.
Debit and Credit Cards
We are pleased to accept VISA, Mastercard and Amex. If it is possible we would politely ask if you could use a debit card rather than a credit card. Please provide us with your card information ONLY by telephone +44 (0) 208 366 2525.
Paypal
Our Paypal email is gb@grahambuddauctions.co.uk
Sterling Cheque, Bankers Draft or Building Society Cheque
Drawn on a recognised UK bank or building society. Please note we require seven days to clear cheques and banker’s drafts before release can be authorised.
COLLECTIONS AND SHIPPING LOGISTICS
After the conclusion of the auction all uncollected purchase lots will be transferred from the stadium to the auctioneer’s appointed storers and shippers Whittle International Movers Ltd.
Whittle will store and insure all purchased lots free of charge for a period of 28 days following the auction. After settling the auction invoice with Graham Budd Auctions, the auctioneer will forward the buyer’s details to Whittle and authorise that the purchased lots can be released to the buyer. Purchases are available for collection from Whittle’s premises from Monday 26th February. The opening hours are Monday-Friday 8.30am to 4.30pm.
Lots can be collected in person by the buyer or through an authorised agent or shipper. Please ensure that you or your agent/shipper are in possession of the auction invoice and a form of personal ID. Please note the auction invoice MUST have been pre-settled with Graham Budd Auctions and cannot be paid via Whittle on arrival.
If you are unable to collect in person, Whittle can supply competitive quotations for packing and shipping of purchases on a worldwide basis. It may also be possible to arrange a door-to-door delivery service for addresses in Liverpool, Merseyside and the surrounding region.
You are not obliged to use Whittle for shipping services, but if you instruct your own courier or shipper who expect the items to be pre-packed on collection then Whittle would raise a charge for this service.
Failure to collect purchases and storage fees
Whittle will store and insure all purchased lots free of charge for a period of 28 days following the auction (until 22nd March 2018). Thereafter, a handling fee of £25.00 will be raised in addition to storage charges of £5 per lot per week. PLEASE NOTE uncollected lots will not be insured from 23rd March 2018 onwards.
ADDRESS
Whittle International Movers Ltd
Units 1-4 Charnley Fold Lane
Bamber Bridge
Preston
Lancashire
PR5 6AA
Contact: Simon Ashworth
Tel: 01772 626565
Email: simon@whittle.co.uk
DRIVING DIRECTIONS
Sat Nav postcode: PR5 6AA
Head out of Liverpool on the M58 and merge with the M6 at j.26, signposted Preston. At j.29 take the exit onto the M65 signposted Burnley, Blackburn, Preston south. After about a mile take the 2nd exit at the roundabout, signposted A6 Preston. At the next roundabout take the 3rd exit onto Brownedge Road (B5257) towards Bamber Bridge. Go through one roundabout before turning left at the next into Station Road. Go straight ahead at the next roundabout and at the following take the 2nd exit onto School Lane. After about 200 yards turn left at the crossroads into Charnley Fold Lane. Whittle’s premises are on the right-hand side.
Graham Budd Auctions Conditions of Business
All lots are subject to Graham Budd Auctions Ltd’s full Conditions of Business which are printed at the back of the auction catalogue.
Condition Reports
All prospective bidders are encouraged to attend the exhibition and view lots in person. If this is not possible, however, we will be pleased to provide condition reports on lots where practical. All condition reports are provided in good faith. Buyers are reminded that it is their responsibility to satisfy themselves over the condition of lots (refer to Conditions of Business paragraphs 3 a & b).
Credit Card Registration for Internet Bidding
In completing the bidder registration at the-saleroom.com you will be required to provide your credit card details. If you are a successful bidder you do not have to use the registered card as your method of payment (a full list of payment methods follow). However, if you do not advise the auctioneer of an alternative payment arrangement by registering your card at the-saleroom.com you authorise Graham Budd Auctions Ltd, if they so wish, to charge the credit card given in part or full payment, including all fees, for items successfully purchased online at the auction. By registering at the-saleroom.com you also confirm that you are authorised to provide these credit card details to Graham Budd Auctions Ltd and agree that Graham Budd Auctions Ltd are entitled to ship the goods to the card holder name and card holder address provided in fulfilment of the sale
Conduct of the Auction
The auctioneer will commence the bidding at the “starting bid” and advance the bidding in such increments as he considers appropriate. The contract between the buyer and the seller is concluded on the striking of the auctioneer’s hammer. The auctioneer shall have discretion to refuse bids, withdraw or re-offer for lots for sale (including after the fall of the hammer) if he believes that there may have been an error or dispute, and may also take such other action as he reasonably deems necessary. Title in a lot will not pass to the buyer until GBA has received the purchase price in cleared funds.
Remedies for non-payment
Without prejudice to any rights that the seller may have, if the buyer fails to make payment for the lot, GBA may in its sole discretion exercise one or more of the following remedies:-
(a) cancel the sale of the lot;
(b) charge interest at 4% per annum above The Bank of England’s Base Rate from the payment date to the date that the purchase price is received in cleared funds;
(c) re-sell the lot by auction or privately, with the new sale price at GBA’s discretion, in which case the buyer will be liable for any shortfall between the original purchase price and the amount achieved on re-sale;
(d) commence legal proceedings to recover the purchase price for the lot, plus interest and legal costs;
(e) disclose the Buyer’s details to the seller to enable the seller to commence legal proceedings.
Data Protection
GBA will use information supplied by bidders or otherwise obtained lawfully by GBA for the provision of auction related services, client administration, marketing and as otherwise required by law. By agreeing to these Conditions of Business, the bidder agrees to the processing of their personal information and to the disclosure of such information to third parties world-wide for the purposes outlined in the above service provisions, and to the seller solely in the event on non-payment.
Miscellaneous
a) All images of lots, catalogue descriptions and all other materials produced by GBA are the copyright of GBA.
b) These Conditions of Business shall be interpreted in accordance with English Law, under the exclusive jurisdiction of the English Courts, in favour of GBA.