Important Information

AUCTION NO: 14754
The sale includes a private collection from a Lancashire Estate (Lots 1031-1206).

AUCTION FORMAT: LIVE ONLINE
Please note viewing is online only and there is no viewing at Donnington Priory.  However all items are comprehensively described and illustrated. Condition reports are available on request if not already provided. All items (except for Lots 1421 and 1422) will be available for collection from Sackville-West Moving & Storage (Andover SP10 3SA) not Donnington Priory.

The auction will take place at:

Dreweatts
Donnington Priory
Newbury
Berkshire RG14 2JE  

Bidding is available in person at Donnington Priory, online, by telephone or you can leave commission (absentee) bids. Please contact Dreweatts to register all commission bids or telephone bids by 12 noon BST the day before the sale. For a guide to bidding in a Live Online Auction, click here.       

BUYER’S PREMIUM:
Buyer’s premium is charged per lot at 26% of the hammer price (31.2% including VAT) up to and including £20,000, 25% (30% including VAT) of the hammer price from £20,001 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 12.5% of the hammer price (15% including VAT) in excess of £1,000,000.

REGISTRATION:
We advise all clients to register at least 48 hours in advance of the auction as we will need to complete Know Your Client checks on all registrants in order to comply with sanctions regimes. Clients are advised to register with a correct account as re-billing will not be possible. Registration for new clients will close at 12 noon BST the day before the auction.

You will need to set up an account in order to bid in the auction. It is now a requirement of Dreweatts that we undertake identification and address verification from clients in order to comply with money laundering regulations and fraud prevention.  If you have not already done so, all clients must provide two forms of identification before they can bid.  Please submit:    

  • a copy of a government-issued photo identification (such as a national identity card, passport or UK driving licence) showing your full name and date of birth, and
  • a proof of your current address, for example a utility bill or bank statement, mortgage document

If you wish to buy on behalf of a Company, please submit:

  • a certificate of incorporation, showing the company’s full name and registered address;
  • documentary confirmation of each beneficial owner owning 25% or more of the company;
  • the ID document (such as a driving licence or passport) of the authorised signatory and where the authorised signatory is not a director, a letter on company letterhead confirming the individual’s authority to act.  

Documents should be sent by email to live@dreweatts.com. Depending on individual circumstances, further documents may be requested. Your invoice will be made out to the name and address registered to bid. Once you have set up your account you can then register to bid in the sale.   

CONDITIONS OF SALE:
Any registration to bid is subject to acceptance of our Auction Terms and Conditions and Privacy Policy

VIEWING:
Please note that there will be no viewing available at Donnington Priory for this auction. Viewing is online only, however all items are comprehensively described and illustrated. Condition reports are available on request if not already provided.

CONDITIONS OF ITEMS: 
Buyers must satisfy themselves to the condition of any item prior to bidding. 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 beside the lot to request one.    

CONTACT:
Tel: +44 (0) 1635 553 553
General enquiries and condition reports: interiors@dreweatts.com
Telephone and commission bids: bid@dreweatts.com
Commission bids may also be placed via your online bidding account. 

PAYMENTS: 
If you are successful, an invoice will be sent to the email address registered on your bidder account 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.  Items must be paid for in full and Know Your Client checks must be completed before we can release any purchases.      

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), subject to completion of relevant identity and anti-money laundering checks.
  • Payment over the phone by debit or credit card: +44 (0) 1635 553 553
    Amex and Diners cards are not accepted.Credit cards registered to an overseas billing address up to a maximum of £5,000.
    First time buyers: payment over the phone by debit or credit card is permitted up to a maximum of £1,000. For larger payments, please pay online or by bank transfer.
  • Union Pay can only be used with the cardholder present.
  • In cash up to £8,000 per client per 12-month period: subject to relevant money laundering regulations.
  • Payments by cheque are not accepted.

Please note, we are unable to release items until funds have cleared and become visible in our account. This generally takes 24 hours and may take longer depending on your bank.

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 AND STORAGE
All items (except for Lots 1421 and 1422) will be available for collection from Sackville-West Moving & Storage (Andover SP10 3SA) not Donnington Priory.  Collection is by appointment, Monday – Friday (9am – 4.30pm).  Lots 1421 and 1422 will remain at Donnington Priory. 

Items will be stored free of charge until Friday 25 April. Property not collected before Monday 28 April will incur storage charges: a one-off fee of £20 plus a daily £3 storage fee per lot per part or full day thereafter (charges subject to 20% VAT).  All storage charges are the responsibility of the purchaser, billed directly by Sackville-West and are payable prior to collection. Sackville-West will provide an additional week’s free storage if they are instructed by the purchaser to deliver to them.   Contact: Sackville-West: tel: +44 (0) 2080 909988 | email: office@sackvillewest.co.uk.

  • Lots will be released on payment of all sales charges (i.e. cleared funds are received) and, if applicable, storage fees owed to Sackville-West.  We will also need authorisation in writing from the purchaser before we can release goods to a shipper.
  • You can collect in person or instruct your own shipper or choose from a number of suggested shipping companies listed here. We do not offer a shipping service ourselves.
  • To book a collection, please contact Dreweatts: tel: +44 (0) 1635 553 553 | email: collections@dreweatts.com.

To download our Payment and Shipping fact sheet, click here.

EXPORT OF ITEMS:
Prospective bidders are advised to familiarise themselves with any export and import restrictions or prohibitions applicable to the lots they wish to purchase. For example, the lots may contain prohibited material such as endangered species (and therefore be subject to CITES regulations) or be subject to shipping or trade restrictions. Cultural objects of certain age and value may require a UK export licence. It is buyer’s responsibility to obtain any relevant export and/or import licences and permits, as well as pay any customs duties, taxes and other fees applicable on import into the destination country. Dreweatts will not cancel the sale if a lot may not be exported, imported or it is seized for any reason by a government authority.

VAT LIABILITIES FOR OVEREAS BUYERS:
Private overseas buyers can only receive goods free of VAT or have the VAT amount refunded if Dreweatts acts as exporter in relation to the sale, the goods are exported within 3 months of the sale and Dreweatts is in possession of adequate export documents. The VAT refunds are available for transactions exceeding £2,500. 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, buyers are responsible for completing the importation procedures as well as the payment of any relevant duty/VAT payable on importation into the destination country. 

Where the purchase has been made in the business or trading name, VAT refund will be available on proof of export provided within 3 months of the sale.

BIDDING INCREMENTS FOR LIVE ONLINE AUCTIONS:
The online bidding increments prior to the live auction are listed below.  Please note during the live auction, the bidding increments shall be at the auctioneer’s sole discretion.

From

To

Increment

 

0

£200

£10

 

£200

£300

£20

 

£300

then £320

then £350

then £380

ie. London bidding

£400

then £420

then £450

then £480

ie. London bidding

£500

£1,000

£50

 

£1,000

£2,000

£100

 

£2,000

£3,000

£200

 

£3,000

then £3,200

then £3,500

then £3,800

ie. London bidding

£4,000

then £4,200

then £4,500

then £4,800

ie. London bidding

£5,000

£10,000

£500

 

£10,000

£20,000

£1,000

 

£20,000

£30,000

£2,000

 

£30,000

then £32,000

then £35,000

then £38,000

ie. London bidding

£40,000

then £42,000

then £45,000

then £48,000

ie. London bidding

£50,000

£100,000

£5,000

 

£100,000

£200,000

£10,000

 

£200,000

£300,000

£20,000

 

£300,000

then £320,000

then £350,000

then £380,000

ie. London bidding

£400,000

then £420,000

then £450,000

then £480,000

ie. London bidding

£500,000

£1,000,000

£50,000

 

£1,000,000

£2,000,000

£100,000

 

£2,000,000

£3,000,000

£200,000

 

£3,000,000

then £3,200,000

then £3,500,000

then £3,800.000

ie. London bidding

£4,000,000

then £4,200,000

then £4,500,000

then £4,800,000

ie. London bidding

£5,000,000

£10,000,000

£500,000

 

 

LOT DESCRIPTION SYMBOLS GLOSSARY:

λ - Indicates that this lot may be subject to Artist’s Resale Right (Droit de Suite) royalty charges.

- 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 buyer’s premium.

Ɵ - Indicates that the lot is a zero rated item and therefore subject to buyer’s premium of 26% exclusive of VAT (0% VAT). 

 - Indicates that the lot is being sold whilst subject to temporary importation and that import VAT at the reduced rate (currently 5%) calculated on the hammer price is due.  

Ω - Indicates that the lot has been imported from outside the UK and that import VAT at the standard rate (currently 20%) calculated on the hammer price (inclusive of any applicable duty) is due. 

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’. 

NOTE: the import VAT charged for lots with symbols ‡ or Ω can be refunded if Dreweatts is instructed to re-export the property or if the VAT liability is transferred to another Temporary Admission authorisation.     

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