CONDITIONS OF SALE

1.

PRICES The prices for each lot in the catalogue are the RESERVES. They are the starting prices for each lot. The minimum reserve is $5 and all lots set at this price should be examined closely as bargains may exist.

2.

AUCTIONEER The appointed Auctioneer (Trevor Lacy) shall decide the work program for the auction.

3.

DISPUTES. In the case of a dispute arising, the decision of the Auctioneer shall be final. If necessary, he may re-offer the lot.

4

BIDDING. The highest bidder shall be the purchaser. The Auctioneer shall determine the bidding advances (usually steps of approximately 10%). 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 bid , whichever is the greater, if there have been other bids.

5

VIEWING. On the day only, between 11.30am and 1.30pm.

6

PAYMENT. At the conclusion of the auction…cash is preferred. If paying by cheque, identification may be required. Major credit cards (Mastercard, Visa or Bankcard only) are accepted,  but  from this auction onwards will attract  a 5% surcharge to cover merchant fees.

7

POSTAL BIDDERS. Potential purchasers are encouraged to make arrangements for someone to attend the auction and bid on their behalf if they themselves are unable to do so. If this is not possible, please forward bids by mail to TREVOR LACY, 8 CLEVEDON WAY, KARRINYUP 6018 on the tear-off bidding slip below  (or by fax/phone on 08 9447 8004  no later than 6pm the day before the sale). Bids may also be lodged with Trevor Lacy at the auction venue on the day of sale, before 12 noon. PAYMENT IS DUE ON RECEIPT OF INVOICE; the Auctioneer  may refuse bids from past tardy and non payers.

8

INSPECTION OF LOTS. Successful room bidders will be deemed to have inspected and accepted the lots before leaving the auction room.

9

DESCRIPTION OF LOTS. The descriptions in the catalogue are as submitted by the vendors. In particular, bidders are encouraged to inspect lots which have been described as ‘mint’ as in many cases such items will have been hinged.

10

PRICES REALIZED. Postal bidders may telephone MIKE KOUWEN on (08) 9384 4981 four days after the sale to obtain lot realizations.

11

UNSOLD LOTS are not available after the sale, but the vendor’s name for such lots will be supplied on request if negotiations are desired