Terms and Conditions
SALE 32 CONDITIONS OF SALE
BIDS The highest bidder shall be the purchaser. Where floor bids do not exceed the highest postal bid, that postal bidder will pay the reserve when no other floor or postal bids have been received or one bidding step over the second highest postal or highest floor bidder.
BIDDING For those not attending the auction, bids can be placed by mail, telephone or email. We no longer accept bids by fax due to previous problems confirming safe receipt of them. Email bids are encouraged and will be acknowledged by return email. Such bids should be received in our offices no later than 8.00pm, WA time, on Saturday 4th March. Bids received that are not a bidding increment figure as below will be rounded down to the nearest increment. Thank you.
BIDDING INCREMENTS Bidding shall progress in the following increments;
Up to $50 bidding will rise in increments of $2
From $50 to $100 bidding will rise in increments of $5
From $100 to $300 bidding will rise in increments of $10
From $300 to $500 bidding will rise in increments of $20
From $500 to $750 bidding will rise in increments of $25
From $750 to $1,500 bidding will rise in increments of $50
From $1,500 to $3,000 bidding will rise in increments of $100
From $3,000 to $5,000 bidding will rise in increments of $200
From $5,000 to $10,000 bidding will rise in increments of $250
From $10,000 upwards at auctioneers discretion
BINDING CONTRACT By placing bids in the auction, the bidder is entering into a binding contract to purchase all the lots he/she is awarded with the additional Buyers Premium.
BUYER'S COMMISSION A Buyers Commission of 12.5% (plus GST for Australian Residents) will be added to the hammer price.
DELIVERY shall be made to bidders upon receipt of payment. Postage & packing is at the purchaser's expense and unless otherwise requested, lots will be mailed within Australia by ordinary mail and overseas lots by Airmail. Lots over $100 (incl of BP) will be posted by Registered Post and over $500 (incl of BP) by Platinum Express Post with any additional insurance, over and above Australia Post's maximum payout for the respective service, to be requested by the successful bidder if required. After 12 years of auction business, we have never had any missing packages using the above Australia Post Registered, International Registered, Express or Platinum Post services.
DISPUTES If any dispute arises as to the highest bidder the auctioneer shall have absolute discretion to determine the dispute and may put up again and resell the lot in respect of which the dispute arises.
ESTIMATES The estimates are the reserves and thus bidding will begin at the estimated prices. Please Note: Bids under the estimate will not be accepted. Opening Prices will be shown on the website at least 72 hours before the auction.
EXCHANGE RATES At time of printing (subject to fluctuation) the Australian Dollar equals; UK £0.57p, US $0.69, Euro €0.64, Japan ¥92, NZ$1.09, Singapore $0.92
GOODS & SERVICES TAX (GST) Most lots in this auction are sold on behalf of private vendors and as such are exempt from GST. All lots are sold GST inclusive where applicable. (A GST Tax invoice will be supplied on request.)
PAYMENT must be made immediately upon your last bid in the room on the day. Payment by cash is preferred however personal cheques will be accepted with identification. In addition we also accept the credit cards, Visa & Mastercard and all Debit cards. A 1.5% service charge will be added to all invoices when a credit card is used.
POSTAL BIDDERS are encouraged to include credit card details on the bid form so that lots can be despatched immediately. The 1.5% service charge will be added to the total amount. Alternatively full payment should be sent within 7 days of the receipt of invoice. If any purchaser fails to pay in full for any lot within the time stated, compound interest may be charged on the outstanding amount at the rate of 2.5% per month plus a $20 accounting fee. Payment can be made by Bankers cheque in Australian dollars (or personal cheque if known by Ian Boulton), Money Order, bank notes in Pounds Sterling, US Dollars or Euros sent by Registered Mail at senders risk or Direct bank transfer.
Direct Bank Transfer Details:
Name: Ian Boulton Stamp Dealer
Bank: ANZ, Shop 9 The Promenade, Ellenbrook Western Australia, 6069
Acc No: 483096739 BSB: 016-352
PRICES REALISED Postal bidders can visit the website for prices realised on Monday 6th March onwards.
REFUSAL OF ADMISSION Ace Stamp Auctions reserves the right at our complete discretion to refuse admission to the auction premises or participation in any auction and to reject any bid/s.
UNSOLD LOTS Offers on unsold lots after the auction will be communicated to the vendor if received by telephone, email or in writing up to 21 days after the sale. Please provide the unsold lot number and the highest price you are willing to pay. (Please note the 12.5% + GST Buyers Premium will be added to this figure.) Please telephone for further information following the sale. (08) 9297 3040 or 0414 929 235
VIEWING We will have viewing for selected lots at the "Stamp It" show at the same venue as the auction from 10.00am to 2.00pm on Sunday 19th February. All lots can then be viewed on auction day, Sunday 5th March from 9.00am until commencement of the auction at 12.30pm. All viewing will be at the Cannington Exhibition Centre, Corner of Albany Hwy & Station St, Cannington. The majority of lots have been scanned and uploaded to our website with additional scans available by request.