The following bidding steps will normally be used in our auctions. (Postal bids should always fit in with these figures; other figures will be rounded down).
These figures are for guidance only; they will usually be adhered to, but under certain circumstances – for example very active room bidding – steps may be increased; see clause 2a of our terms and conditions.
1.- Each lot is received in these offices for sale subject to the Terms and Conditions of Sale and, unless the contrary is expressed in writing by the intending Vendor, each lot is received in these offices for unreserved sale and will be sold without reserve. Written instructions as to reserves (if any) must reach these offices at the latest on the day before the date of the sale and must be confirmed after receipt of advice note. 2.- It is necessary that correspondence from abroad relating to reserves should be expressed in English currency. 3.- The auctioneers will not be held responsible for the loss of stamps received inadequately mounted or arranged. 4.- Unsold lots which have not been cleared will, after the expiration of six months, be sold to defray expenses. 5.- Lots bid on and bought in by the vendor will be regarded as sold and liable for full commission. 6.- The buyer shall pay a premium of 15 per cent of the Hammer Price plus VAT (No VAT is added to the premium for literature lots). 7.- Settlement is made between 35 and 42 days after the sale except when the purchaser resides abroad, when settlement may be slightly delayed. 8.- "Buy" bids cannot be accepted by the Auctioneers. 9.- The Auctioneers reserve the right to refuse admission to their premises without giving reason.
Value Added Tax
(Reg. No: 354 5663 38) VAT is not charged on the majority of lots in Cavendish P.A. Ltd. auctions. However, a * prior to a Lot No. indicates that Standard Rate VAT is to be charged on that particular Lot, and ** prior to the lot indicates that Temporary Import VAT is to be charged for that particular Lot. Purchasers residing outside the EC will not be charged VAT on these lots if they are posted by Cavendish P.A. Ltd. to a non-EC address. VAT at the standard rate is added to the Buyer's Premium for all purchases, except books and other zero-rated items.
Photocopy / Fax Viewing
We can supply photocopies or fax-copies of suitable small lots. We can also email scans of single item lots, or 2 pages from an album/collection, or 2 scans from a multiple item lot. (please email office for details). Please contact us for fax-copy charges and procedures; up to 5 photocopies or scans will be supplied free of charge, but we reserve the right to charge for larger quantities.
We are prepared to submit suitable lots for inspection to clients known to us, or new clients who send a cash deposit or first class references. This service is only available within the United Kingdom. (We regret we cannot send any large lots, albums, stockbooks or boxes etc.) ALL VIEWING CHARGES ARE VAT INCLUSIVE.
The auctioneer will execute bids received from clients unable to attend the sale in person. This service is entirely free of charge, and such clients should use the attached commission form, but the auctioneer cannot accept liability for errors or omissions in executing instructions to bid. Bids may be given in full confidence that lots will be purchased as cheaply as possible subject to other bids received, or reserves if any. Payment for lots secured must be made immediately on receipt of invoice.
Telephone / Fax Bids
We strongly recommend that all bids are sent by mail or email. Nevertheless if it is necessary to telephone bids we are happy to co-operate. However, due to shortage of time we would ask that you endeavour to phone before 12.00 on the day of a sale. Any errors resulting from misinterpretation of lot numbers, bids or instructions are the responsibility of the bidder. Again, we urge that bids are mailed and early. The first bid received in the event of a tie is given precedence. Please telephone to confirm the safe arrival of faxed bids, the auctioneers cannot be held responsible for the non-arrival of faxed bids. All telephone bids must be confirmed in writing (Our Fax on 01332 294440 is always available). Telephone bids may - at the discretion of the Auctioneer - be executed by the Auctioneer's staff "live" in the auction room. This is only undertaken upon the understanding that the Auctioneer cannot be held responsible for errors arising therefrom. A charge will be payable for this service.
Prospective purchasers who intend to seek an expert opinion on a lot (excluding mixed lots or a lot including undescribed items) must inform Cavendish at least 24 hours before the scheduled commencement of the relevant auction. Such a request should stipulate why an expert opinion is being sought and specify which body is to be consulted. Should Cavendish deem the request to be reasonable, all costs of obtaining a Certificate of Authenticity will be met by the purchaser of the lot in question. Full payment for the lot must be made as per normal Terms and Conditions. A refund of the cost of the lot plus Buyer's Premium and any VAT on the lot only, will be made if the items(s) fails expertisation. Cavendish Philatelic Auctions are not responsible in any way for Expertisation Charges. Exclusion sought on the grounds of condition will not normally be accepted for expert opinion and any lot described as defective in any way may not be returned should the Certificate of Authenticity obtained cite faults not noted in the description. Additionally, any item offered for sale accompanied by a Certificate of Authenticity is sold on the basis of that Certificate and not on any other. No request for extension will be granted on such an item and Cavendish would be unable to accept return of the same. Assuming that any request for an extension is accepted by Cavendish, an appropriate announcement will be made on the rostrum prior to sale of the lot in question.
Payment by credit card at Cavendish
Subject to an additional service charge - presently 1.8% - on the total sum invoiced, we can accept payment for auction or private treaty purchases by means of the following credit cards: VISA, MASTERCARD, ACCESS and EUROCARD Acceptance of credit card payments with the addition of a service charge is authorised under the Credit Cards (Price Discrimination) Order 1990. The charge will be added to your invoice total including buyer's premium, postage and packing and any other charges. Credit cards can also be used to pay Subscriptions, for which no service charge is currently payable. We also accept payment by SWITCH for which there is no charge. N.B. WE DO NOT ACCEPT CHARGE CARDS e.g. American Express or Diners Club.