![]() ![]() 18% plus VAT on the balance of items with a Hammer Price of £150,001 and up to £1,000,000. The Buyer agrees to pay a buyer's premium on the hammer price of each lot purchased.īuyer's Premium 24% of the Hammer Price plus VAT for items up to £150,000. ![]() ![]() The lower estimate may represent the reserve price and certainly will not be below it.Įstimates do not include the Buyer’s Premium or VAT (where chargeable).Įstimates are prepared some time before the sale and may be altered by announcement before the sale. Our staff will be happy to help you if there is anything you do not fully understand.Īs auctioneers we usually contract as agents for the seller whose identity, for reasons of confidentiality, is not normally disclosed.Īccordingly if you buy your primary contract is with the seller.Įstimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. The following informative notes are intended to assist Buyers, particularly those inexperienced or new to our salerooms.Īll sales are conducted on our printed Conditions of Sale which are readily available for inspection and normally accompany catalogues. These Conditions of Sale and Business constitute the contract between Dreweatts and Bloomsbury Auctions (the “Auctioneer”) and the seller, on the one hand, and the buyer on the other.īy bidding at the auction, you agree to be bound by these terms. ![]()
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