Christie's Robson Lowe - Stamps of the World [antikvár]

Conditions of BusinessBuyers and Sellers are requested to reád carefully the Conditions set out below. Conditions A1 to 9 inclusive are of particular relevance to Buyers and Conditions B1 to 13 inclusive to Sellers.A.THEBUYER1.Christie, Manson and Woods Ltd. ("Christie's-Robson Lowe") act in all respects, save where otherwíse appears, only as agentsfor the Seller of each lot and shall not be liable for any default of the Buyer or Seller.2.The highest bidder acceptable to the Auctioneer shall be the Buyer but if, during or immediately after the sale of the lot, theAuctioneer considers that a dispute has arisen or that there are other reasons for so doing, he may at his absolute discretionimmediately put up the lot again for sale.3.(a) The Auctioneer has the right at his absolute discretion to refuse any bid and to advance and regulate the bidding as he maydecide.(b)Christie's-Robson Lowe have the right at their absolute discretion to withdraw or divide any lot or to combine any two or more lots.(c)The Seller shall be entitled to place a reserve on any lot, and the Auctioneer or the Auctioneer's agent shall have the right to bid on behalf of the Seller for any lot on which a reserve has been placed.4.(a) The purchase price payable by the Buyer shall be the aggregate of the final bid and a prémium of 10% of the final bid(together with any V.A.T. chargeable on the final bid and such prémium). "The final bid" shall mean the price at which a lot is knocked down to the Buyer.(b)The Buyer shall forthwith supply his name and address and, if so required by Christie's-Robson Lowe, his bank or other suitable references. The Buyer may be required to pay forthwith the whole or any part of the purchase price and, if he fails to do so, the lot or lots may at the Auctioneer's absolute discretion be put up again and resold, any deficiency in the purchase price attending such resale to be made good by the defaulting Buyer, and any surplus (after retention by Christie's-Robson Lowe of the prémium) to be the seller's.(c)Where an agent purchases on behalf of an undisclosed principal, such agent shall be personally liable for payment of the purchase price to the Auctioneer and for safe delivery of the lot to the said principal.5.(a) No lot may be taken away during the auction, nor may any lot be taken away until the purchase price has been paid in full.(b)Each lot must be paid for in full before delivery and must be taken away at his expense by a United Kingdom Buyer within seven days of the date of the sale and by an overseas Buyer within a reasonable time, not exceeding 21 days.(c)If the Buyer fails to pay for any lot in accordance with Condition 5 (b), Christie's-Robson Lowe shall be entitled, at their absolute discretion:(i)without notice to the Buyer to resell the lot or cause it to be resold by public or priváté sale. Any deficiency in the purchase price attending such resale after crediting any part payment and after deducting full costs incurred in connection with the lot to be made good by the defaulting Buyer and any surplus (after retention by Christie's-Robson Lowe of the prémium) to be the Seller's.(ii)to charge interest at 2% per month, or part of a month, on the amount due.(d)The property in a lot shall not pass to the Buyer until he has paid the purchase price and any other charges in full but the lot shall be at the Buyer's risk in all respects from the fali of the hammer. Notwithstanding that Christie's-Robson Lowe act only as agents for the Seller, they shall be entitled to retain the prémium referred to in Condition 4 (a) hereof, irrespective of and in addition to such remuneration as they may receive from the Seller. Christie's-Robson Lowe shall be entitled to a lien on any lot sold until the purchase price is paid in full by the Buyer.6.(a) (i) All descriptions of lots in the catalogue and statements as to the genuineness of lots are statements of the opinion ofChristie's-Robson Lowe and are not nor are they to be taken to be statements or representations of fact. Estimates are the approximate prices expected by Christie's-Robson Lowe to be realised and are not definitive. Estimates are made long in advance of the sale and may be revised by Christie's-Robson Lowe.(ii)Unless made by Christie's-Robson Lowe, comments and opinions concerning the description or genuineness of any lot which may be found in or on lots in the form of notes, lists, writing up or any other means of expression, do not constitute part of the lot description and are not to be taken as such.(iii)Illustrations in the catalogue, advertisements or brochures of forthcoming sales are an integrál part of the description and lots cannot be rejected pursuant to the following provisions of this Clause on account of any defect in their condition mentioned in the description or apparent from any such illustration.(b) (i) Notwithstanding (a) (i) above, each lot (other than a mixed lot or lot containing undescribed stamps) is sold as genuine (unless otherwise described in the catalogue or by the Auctioneer) and correctly described; if the Buyer has paid the purchase price in full for any such lot and either has given notice pursuant to paragraph 4 of the Notice in the Catalogue ("Extensions") such notice having been accepted by Christie's- Robson Lowe or gives written notice to Christie's-Robson Lowe within seven days (or in the case of an overseas Buyer fourteen days) after the date of sale of his intention to question the genuineness or as the case may be the correctness of the description of such lot and, in respect of any such lot which has been taken away, returns the lot to Christie's-Robson Lowe within thirty days from the date of sale in the same condition as at the time of the sale and proves within ninety days of the date of the sale that such lot is not genuine or was not correctly described then, provided the lot has not subsequent to the sale been marked, immersed in water or treated by any other process whatsoever without the prior written consent of Christie's-Robson Lowe to such marking, immersion or treatment, the sale of the lot will be rescinded and any purchase price will be repaid to the Buyer.(ii) The onus and cost of proving a lot to be not genuine or incorrectly described is on the Buyer; proof of the inability of an expert committee to express a definite opinion will discharge this onus.