Lot 239: George Stephenson: a named portrait study in pencil on paper, contained in

Historical & Collectable Terms and Conditions of Business

Andrew Hilton trading as Historical & Collectable hereinafter referred to as the Auctioneer and to include any person acting upon his authority.

Conditions of sale - General

Third Party Liability: All persons on the premises of, or at a venue hired or borrowed by the Auctioneer are there upon their own risk. They shall have no claim against the Auctioneer in respect of any accident, injury or damage howsoever arising.

Admission: Admission to the view and auction is by catalogue and registration.

Catalogue: All descriptions, whether printed or oral, are statements of opinion not fact. Intending Purchasers should satisfy themselves as to the condition, age and authenticity etc. of all pieces and lots.

Auction: The Auctioneer reserves the right to accept or refuse any bid(s), regulate the bidding and amounts of any bid(s), rearrange, consolidate or withdraw any lot(s) or part of any lot without reason or notice. In the event of a dispute the Auctioneer has absolute discretion to settle such dispute.
All transactions associated with this auction sale shall be governed by English law.

Conditions of sale - Vendors

Indemnity: The Vendor indemnifies the Auctioneer, his servants and agents who act solely as agent for the Vendor.

Title: The Vendor warrants to the Auctioneer and the Purchaser that they are the absolute owner of any lot and is authorised to sell the same and pass marketable title free of any encumbrance or claim.

Instructions: Lots are sold at the Auctioneer's discretion unless written instructions to the contrary are received by the Auctioneer more than 24 hours prior to the auction. Responsibility for receipt of such instructions rests with the Vendor.

Proceeds: The Vendor authorises the Auctioneer to deduct all monies due to him from the auction proceeds. The Auctioneer shall not be liable for settlement of any lot(s) for which he is not in possession of cleared funds.

Conditions of sale - Purchasers

Acknowledgment: In making a bid for any lot, whether in person or otherwise, all bidders acknowledge they have read, understand and abide by all these Conditions of Sale.

Title: Responsibility for a purchased lot shall pass at the fall of the hammer, however legal title shall not pass until the Auctioneer is in possession of cleared funds in payment for that lot.

Payment and Clearance: All lots must be paid for in full within 7 days following the conclusion of the auction except where agreed by the Auctioneer in writing. No lot(s) may be removed until cleared funds are to hand except where agreed by the Auctioneer. Any lot(s) not paid for will incur storage charges calculated at the sole discretion of the Auctioneer and interest at 3% over Lloyds Bank Base Rate.

Purchase Price: The Buyer will pay to the Auctioneer the hammer price together with a Buyer's Premium calculated at a rate of 20.00% (including VAT), additionally any Value Added Tax on the hammer price where noted in the auction catalogue. Purchases made by live internet bidding will additionally incur a surcharge of 5.00% (including VAT).


Important Information

Viewing: On Saturday 18th November from 9.00am until 11.45am. Otherwise by appointment.
Lots marked # are internet viewing only and will not be available in the auction room for viewing or collection

Buyers Premium: 20.00% (including Value Added Tax) of the hammer price.

Internet Bidding: A surcharge of 5.00% (including Value Added Tax) will be levied.

Value Added Tax: No lots in this auction attract VAT on the hammer price.

Registration: Obtain a bidding number prior to viewing from the Registration Clerks. New clients must produce acceptable identification.

Internet: This catalogue may also be viewed at www.historicalandcollectable.com where all the lots are illustrated and many additional images of lots may be found.

Absentee Bidding: Commission Bids may be submitted by post or e mail to the Auctioneer who will execute such bids without obligation. At the sole discretion of the Auctioneer bidding may also be undertaken by telephone. Live internet bidding may be undertaken at www.the-saleroom.com and www.invaluable.com (5% surcharge including VAT)

Imperfections: The condition of pieces (other than where a number are included in the same lot) is mentioned in this catalogue and is intended as a guide to assist potential Purchasers. The word 'good' in the catalogue description may be interpreted that the item is in original undamaged and restored condition. It remains the responsibility of the Purchaser to satisfy themselves as to the condition of each piece in any lot.

Auction Duration: Lots will be sold in numerical order (unless otherwise stated) at a likely rate of between 80 and 150 lots per hour.

Prices Realised: These may be viewed at: www.historicalandcollectable.com.

Payment: Accounts may be settled by cash (maximum equivalent of 10,000 Euros), debit card (certain debit cards will incur a surcharge of 3.00%), bank transfer (£7 surcharge on amounts sent from outside the UK) or Sterling cheque. (Credit cards are not accepted)

Collection and Shipping: Lots may be paid for and collected during the auction. The Auctioneer may pack and send small consignments and whilst every effort will be made to ensure items are properly packed and, where possible, insurance cover arranged by the service provider, no responsibility can be accepted by the Auctioneer or his agents for any loss or damage howsoever arising. Safe transit of purchases by hand, post, courier or shipper is at the sole risk of the Purchaser. Larger shipments will be passed to Alban Shipping (www.albanshipping.co.uk) who will liaise directly with clients. Items may also be collected, by prior arrangement, from a venue in Chelsea, London.

Payment: Accounts may be settled by cash (maximum equivalent of 10,000 Euros), debit card (certain debit cards will incur a surcharge of 3.00%), bank transfer (£7 surcharge on amounts sent from outside the UK) or Sterling cheque. (Credit cards are not accepted)
Payment and Clearance: All lots must be paid for in full within 7 days following the conclusion of the auction except where agreed by the Auctioneer in writing. No lot(s) may be removed until cleared funds are to hand except where agreed by the Auctioneer. Any lot(s) not paid for will incur storage charges calculated at the sole discretion of the Auctioneer and interest at 3% over Lloyds Bank Base Rate.

Lots may be paid for and collected during the auction. The Auctioneer may pack and send small consignments and whilst every effort will be made to ensure items are properly packed and, where possible, insurance cover arranged by the service provider, no responsibility can be accepted by the Auctioneer or his agents for any loss or damage howsoever arising. Safe transit of purchases by hand, post, courier or shipper is at the sole risk of the Purchaser. Larger shipments will be passed to Alban Shipping (www.albanshipping.co.uk) who will liaise directly with clients. Items may also be collected, by prior arrangement, from a venue in Chelsea, London.

Buyers Premium is 20.00% (including value added tax)

Internet bidding surcharge is 5.00% (including value added tax)

No lots in this auction attract additional value added tax on the hammer price