Great Britain Postal Auction hereinafter called ‘GBPA’ as ‘auctioneer’, exercises all reasonable care to ensure that all statements within descriptions as to condition, cancellation, centring, colour, date of issue (postal marking), gum, paper, perforation , printing, margins, provenance, quality, source, sheet position, status, usage, watermark and other philatelic terms, in ‘lot’ descriptions are accurate and reliable. That each single item or ‘lot’ is authentic or genuine unless otherwise indicated. These statements within descriptions are not intended to be and are not to be taken as statements of fact. The statements are the opinion of the auctioneer, attention is particularly drawn to clause 5 below.
Any expressions, comments, opinions, annotations concerning the characteristics mentioned above which may be found as attached to single items or within any lot (i.e. notes of catalogue prices) descriptions do not constitute any part of the auctioneers statements within the description unless otherwise specifically verified or indicated by the auctioneer.
(a) Each lot is offered subject to any reserve.
(b) The highest bidder for each lot, subject to clause (a), shall be the purchaser.
(a) The bidding or advances shall be regulated at the absolute discretion of the Auctioneer.
(b) The Auctioneer reserves the right to refuse any bid or bids .
(a) During or before a sale GBPA reserves the right to group together or split items or lots belonging to the same vendor.
(b) The Auctioneer reserves the right to withdraw any lot or lots at his absolute discretion without giving reason for doing so at any stage.
(c) GBPA reserves the right to bid on behalf of buyers and vendors, but shall not be liable for errors or omissions in executing instructions.
(d) Not withstanding clause 3(c), vendors purchasing material a re liable to commission and other charges related to their original consignment.
(e) GBPA acts as agents only, and therefore shall not be liable for any default of the purchaser or vendor.
(a) Each lot shall remain the property of the vendor, until fully paid up, but lots shall be at the purchasers risk from the fall of the gavel.
(b) Delivery will not occur if lots are not fully paid within 7 days of receipt by a UK purchaser, 14 days by overseas purchasers or much longer agreed in writing between GBPA and the purchaser, prior to or at the point of sale.
(c) Should any purchaser fail to pay in full within the time stated above (4(b)) such lot or lots, shall, at the auctioneer’s discretion, be put for sale by auction again or sold privately. Such a purchaser shall make good any difference in price, reduction in premium of commissions and costs of re-sale which shall become a debt due from any such a client. Any increased price brought in by such a sale will not be credited over and above t he original defaulted sum.
(d) Interest at 2% per month shall be payable by the purchaser on any amount due. GBPA shall have discretion to waive any such payment of interest.
(a) Each lot is sold (i) genuine unless otherwise described in the sales catalogue or by the auctioneer and (ii correctly described. The date of any certificate forming part of the description any lot will be included in the description.
(b) A purchaser shall be at liberty to reject any lot if (i) the auctioneer reserves the right to receive written notice with the intention of questioning genuineness of any lot of an overseas purchaser – 14 days prior to the date of sale and (iii) returns to the auctioneer within 21 days (30 days overseas) from the date of sale the lot in the same condition as it was at the time of the sale. Provided that the auctioneer may, at his discretion, on receiving a request in writing from the purchaser, extend for a reasonable period the time for return of the lot to enable it to be submitted for expertisation.
Note: The onus of proving a lot not to be genuine or incorrectly described, is on the purchaser. The inability of a recognised expert or expert committee to express a definite opinion shall serve to discharge the onus on the purchaser and shall be a ground for rejecting the lot concerned.
(c) Where a lot has been submitted for expertisation all costs shall be paid by the person who retains the certificate and item or items to which the certificate relates.
(d) Where the purchaser of a lot discharges the onus and acts i n accordance with clause 5(b) of this clause, the auctioneer shall rescind the sale and repay to the purchaser the purchase money paid in respect of the lot.
(e) No lot shall be rejected if, subsequent to the sale, it has been immersed in water marked by an expert or expert committee or treated by any other process unless the auctioneers
permission to subject the lot to any such immersion, marking or treatment has first been obtained in writing.
(f) Any lot described as a ‘collection’ or as various or stated to comprise or contain a collection, issues or stamps which are undescribed shall be put up for sale not subject to rejection and shall be taken by the purchaser with all (if any) faults lack of genuineness and errors of description and numbers of stamps in the lot and the purchaser shall have n o right to reject the lot, except that, notwithstanding the foregoing provisions of this sub-clause where before a sale a person intending to bid at the sale gives notice in writing to, and satisfies, the auctioneer that any such lot contains any item or items shall, as between the auctioneer and that person be taken’ to form part of the description of the lot the purposes of sub clauses (a), (b) and (d) of this clause.
(g) No lot illustrated in the catalogue shall be rejected on the grounds of centring, cancellation, margins, perforation or other characteristic clearly apparent f rom the illustration.
(h) A set, consisting of more than one stamp, cannot be returned because of damage to an individual stamp(s) when the catalogue price of individual stamps(s) in good condition exceeds the ‘catalogue’ price of the set.
1. A service charge of 2% will be charged if currency other than GB £ sterling is used to settle an account, to cover bank charges.
2. Lots viewed or photocopied are unreturnable.
3. Where there are two or more lots described as similar lots and are identical in content, value or weight a bid for such a lot will be equally valid for any ‘similar’ lot, unless instructions are given to the contrary.