Buyers Terms & Conditions
Descriptions
All descriptions provided by Ringwood Auctions appearing in both the catalogue and on the web site are statements of opinion only. In all instances, prospective buyers should view the items prior to sale to completely satisfy themselves as to the age/condition/authenticity of a lot. Neither Ringwood Auctions nor the seller shall be liable for any mis-statements or omission from a lot's description.
Estimates
Printed sale estimates are guide prices only and items can sell both above and below our printed estimates. Estimates do not include buyer's premium.
Bidding
All clients must register with Ringwood Auctions to obtain a paddle number before bidding in each sale. In some instances identification may be required before a paddle number is given. We are able to receive absentee and telephone bids prior to the sale at our discretion. Where two or more identical commission bids have been left on one lot, the first bid received by Ringwood Auctions will take precedence.
Please note: Ringwood Auctions reserves the right to refuse and registration or bid at their discretion.
Premium
20% Buyer's Premium will be added to the hammer price of each lot without exception with VAT at the prevailing rate added to the Buyer's Premium
Payment
All purchased lots must be paid for in full, including premium, before the item is released from the saleroom. Payment can be made in cash or cheque with supporting bank card.
Collection
Once an item has been paid for, collection can be made during the sale at the discretion of the saleroom staff or immediately after the sale. Deliveries can be made at a charge. Any item not collected within 3 working days following the sale will be removed to our store where storage charges will apply.
Liability
All items left for sale with Ringwood Auctions are insured whilst in our care. Following a successful sale, ownership and liability immediately transfer to the purchaser.
Sellers Terms & Conditions
Estimates & Reserves
The estimate on a lot is a guide only and should not be presumed as a guaranteed selling price of a lot. Reserves are at the recommendation on Ringwood Auctions and shall remain confidential from prospective buyers.
Entry/Lotting Fees
£5 per lot (+VAT) will be charged on every lot offered for sale irrespective of value of the lot or whether the lot sells.
Commission
Seller's commission of 15% (+VAT) of the hammer price will be deducted from the proceeds of sale on all sold lots.
Unsold Lots
Any item which fails to sell at auction may be re-offered for sale at the discretion of Ringwood Auctions subject to revised estimates where appropriate.
Payment
Provided Ringwood Auctions has received payment from the purchaser, proceeds of sale minus all deductions outlined above will be sent to the seller 14 days after the sale date.
Liability
All items left for sale with Ringwood Auctions are insured whilst in our care. Following a successful sale, ownership and liability immediately transfer to the purchaser.
Protecting Auctioneers
To ensure the protection of all parties we work with from any form of illegal, unfair, or inappropriate behaviour, we take practical measures. This involves keeping track of account activities, including user contact information, device usage, website activity, bidding history, purchase records, and payment history. This information is shared with other relevant partners, such as auctioneers, to assist parties in managing their commercial risks in the context of our joint services.
In the event that behaviour is deemed inappropriate or presents a threat, we reserve the right to temporarily halt automatic approvals. In such cases, you will need to directly communicate with the auctioneer in order to participate in their auction.
White Label Platforms
When we offer technological services to an auctioneer, you become a direct customer of the auctioneer and they assume the role of data controller. The auctioneer is accountable for the handling of your data. Any enquiries or concerns regarding your data should be directed to the auctioneer.