This is a Timed Auction starting on the 16th of July at 6:30pm and concluding on the afternoon of the 23rd of July at 5pm, with each lot showing the end time.

Note lots can extend for a period of time if there are active online bids prior to the end time.

Pre-Sale Viewing:

We are offering pre-sale viewing of lots at our Wellingborough Auction Room prior to the auction, this can be arranged timed appointment to be requested by email. 

Condition Reports:

Any requests for condition reports or additional photographs must be received by email prior to the auction. 

Graham Budd Auctions as a company do not issue COA’s. If one is supplied by the vendor details are included in the individual descriptions.

It is recommended that prospective Bidders inspect the lots on which they intend to bid, we accept bids from potential Buyers on the basis that Buyers (or their advisors) have fully accepted the lot prior to bidding and have satisfied themselves prior to bidding in relation to the condition and accuracy of the description of the lot.

Bidding:

Clicking the Bid button or placing an absentee bid is legally binding obligation to buy and pay for the lot should your bid be successful. For security, we track all bids placed.

Register Online & Id required:

All bidders are required to register in the auction Online at least 24 hours prior to the auction concludes.

A form of government-issued proof of identification (photographic identification with proof of current address) may be required at the time of registration, from all Online Bidders.

Lots will only be invoiced to the name and address on the bid registration form and cannot be transferred to another name and address. We can only accept payment for the lot (s) from the registered Bidder.  

Buyer’s Premium and VAT:

The final selling bid at auction is known as the ‘hammer price'.

For bidders who have registered directly at Graham Budd Auctions the buyers premium of 10% of the hammer price will be charged, subject to Vat at the current rate of 20%.

Payment: Is due in Sterling within 14 days of the auction date and before any property can be released. After the auction concludes successful buyers will be invoiced by email with payment and shipping request details.

Shipping: For overseas delivery, the buyer is responsible for any taxes or duties applicable in the destination country. US bidders will also be responsible for any import tariffs.

Due to recent changes in international trade regulations, shipments  to the U.S. may face delays during customs processing. We will dispatch orders promptly but cannot guarantee delivery times affected by these changes. 

Artists Resale Rights (ARR):

Some lots as indicated in the catalogue may be subject to Artists Resale Rights (ARR).
This was introduced by a European Directive in 2006 to ensure that artists receive a royalty when their work is resold by an auction house or gallery. This Right applies to living artists and to those who have died within the last 70 years who are from applicable countries.

This royalty is paid by the purchaser on top of the hammer price if the sale price reaches or exceeds 1000 euros. The amount payable is on a sliding scale e.g. up to 50,000 euros, the royalty rate is 4% of the sale price. The maximum royalty a work can earn is capped at 12,500 euros.

Graham Budd Auctions Full Terms and Conditions for Bidders and Buyers below.

https://www.grahambuddauctions.co.uk/help/terms-and-conditions