Important Information

AUCTION NO: 14385

AUCTION FORMAT:
This is a timed online auction ending on Thursday 9 December with lots closing sequentially at 30 second intervals from 10.30am GMT.  Timed Online Auctions are purely online auctions - there is no auctioneer. Similarly it is not possible to bid by telephone or leave a commission bid direct with Dreweatts. Commission bids can be left via your online bidding account.  For a guide to bidding in a Timed Online Auction click here.

BUYER’S PREMIUM:
Buyer’s premium is charged per lot at 25% of the hammer price (30% including VAT) up to and including £500,000, 20% (24% including VAT) of the hammer price from £500,001 up to and including £1,000,000, and 12% of the hammer price (14.4% including VAT) in excess of £1,000,001.

REGISTRATION:
We advise clients to register at least 48 hours in advance of the auction as you may be asked to provide documents to verify your identity. 

VIEWING:
All lots are stored at at Dreweatts Hambridge Sales office (not at Donnington Priory):

Dreweatts Hambridge Sales
1 Hambridge Lane
Newbury
Berkshire RG14 5TU
United Kingdom

Viewing is available by appointment only.  Visitors are encouraged to wear a face covering while in the building, use the hand sanitiser provided on entering and observe social distancing rules. Appointments will run on an hourly basis ie 1 hour per client, so please arrive on time to ensure your appointment is not cut short. Please do not turn up without having pre-booked an appointment.

Monday 6 December: 10am - 4pm
Tuesday 7 December: 10am - 4pm
Wednesday 8 December: 10am - 4pm

Please note there is no viewing on the morning of the sale.

To book an appointment to view, please email: hambridgesales@dreweatts.com or call +44 (0) 1635 553 548.

REMOTE VIEWING SERVICE:
Remote Viewing will also be available by appointment from Monday 6 December.  Our Remote Viewing Service allows you to view specified lots via your smartphone from the comfort of your own home at a time convenient to you. Find out more here. 

To book a “remote viewing” appointment, please email: hambridgesales@dreweatts.com or call 44 (0) 1635 553 548. 

CONDITION REPORTS:
Our specialists will be providing detailed conditions reports and additional images as requested.  Many of the lots already have condition reports so please check the website first (see text in italics at the end of the description). If you cannot see a condition report on the website, please click the “Ask a question” button to request one. 

CONTACT:
Tel: +44 (0) 1635 553 548
General enquiries and condition reports: hambridgesales@dreweatts.com
Commission bids or live bids may be placed via your online bidding account. 

PAYMENTS: 
Once the auction has concluded, you will receive an invoice by email with a link to our online payment page as well as collection and shipping information.  Where auctions finish late in the afternoon or evening, invoices will be sent out the next working day.   

It is our policy not to accept third party payments. The name of the bank account or card holder should match the name of the buyer. Payment will be accepted by:

  • Bank transfer: Dreweatts’ preferred method of payment is by bank transfer direct into our bank account. Payments must be made from the account of the registered Buyer.
  • Online via SagePay: clients can pay online up to a limit of £10,000 via SagePay by following this link https://www.dreweatts.com/payments. Lots paid for using SagePay will be available for collection the following day (not the same day).
  • Debit card issued in the name of the Buyer by a UK bank and registered to a UK billing address.
  • Credit card: all major UK issued credit cards registered to a UK billing address and issued in the name of the Buyer, with the exception of American Express and Diners Club. Credit cards registered to an overseas billing address up to a maximum of £5,000 with the exception of American Express and Diners Club.
  • In cash up to £8,000: subject to relevant money laundering regulations. 

Please note: 

  • We no longer accept payment by cheque.
  • We cannot accept payment by telephone for lots bought by first time bidders.
  • Payments for lots purchased by first time bidders must be paid for by bank transfer, in cash up to £8,000 (subject to relevant money laundering regulations), online via SagePay, or by debit or credit card with cardholder present.

CUSTOMER DUE DILIGENCE CHECKS:
In order to comply with current Money Laundering Regulations, it is our policy to conduct appropriate Know Your Client checks on any buyers who transact at the threshold of £8,000 or more. Buyers will be required to provide the following information: 

  1. For individuals, official photo identification (a government issued ID document such as passport or driver’s licence) and a proof of address (utility bill, bank statement or driver’s licence).
  2. For legal entities, a certificate of incorporation (or equivalent), a register of shareholders/directors and ID documentation from the directors and beneficial owners of the business. 

We reserve the right to withhold the purchased lots until such checks have been completed.

COLLECTIONS & SHIPPING:
"Click-and-Collect" collections are available from Dreweatts Hambridge Sales office from Monday to Friday (10am - 4pm) by appointment only and in strict accordance with government Covid-19 regulations

  • Please do not arrange to collect items without having paid online or by bank transfer beforehand.
  • You can collect in person or instruct your own shipper or choose from a number of suggested shipping companies.  Please note, we do not offer a shipping service ourselves. 
  • For further details, please refer to the details in the "Shipping" tab underneath each lot or "Collections from Hambridge Sales" information here.

To book a collection, please email: hambridgesales@dreweatts.com or call +44 (0) 1635 553 548. 

VAT LIABILITIES FOR OVERSEAS BUYERS:
Following the UK’s exit from the European Union, private overseas buyers can only receive goods free of VAT/have the VAT amount refunded if Dreweatts acts as exporter in relation to the sale and arranges for the transport of the goods. If you would like us to arrange for the export and delivery of the goods there will be an admin fee of £100 plus the shipping cost. If you arrange for the goods to be picked up/delivered to you directly we will charge UK VAT at the appropriate rate and no refund will be available. Please note that if we export the goods to you, you will be responsible for completing the importation procedures as well the payment of any relevant duty/VAT payable on importation into your country.

Business buyers are not affected by this change where the purchase has been made in the business or trading name and a VAT refund will be available on proof of export.

BIDDING INCREMENTS FOR THIS AUCTION:

From

To

Increment

0

£200

£10

£200

£500

£20

£500

£1,000

£50

£1,000

£2,000

£100

£2,000

£5,000

£200

£5,000

£10,000

£500

£10,000

£20,000

£1,000

£20,000

£50,000

£2,000

£50,000

£100,000

£5,000

£100,000

£200,000

£10,000

£200,000

£500,000

£20,000

 

LOT DESCRIPTION SYMBOLS GLOSSARY: 

λ - Indicates that this lot may be subject to Droit de Suite royalty charges.

Y - Indicates that this lot may be subject to CITES regulations when exported.

† - Indicates that VAT is payable by the purchaser at the standard rate of 20% on the hammer price as well as being charged on the buyers’ premium.

Ɵ - Indicates that the lot is a zero rated item and therefore subject to buyer’s premium of 25% exclusive of VAT (0% VAT). 

‡ - Indicates that the lot is being sold whilst subject to temporary importation and that VAT is due at the reduced rate (5%). 

Ω - Indicates that the lot has been imported from outside the UK and is liable to the standard rate of Import VAT currently 20% on the hammer price.

β - Indicates that the lot is offered in Bond. This applies to wine. Bidding will be at duty paid prices other than for those lots marked ‘IN BOND/β’.

Please see our Symbols Glossary and Terms & Conditions for more information.