Criterion Auctioneers Valuation Service

We are open to recieve goods on Tuesdays 9.30am to 7pm, and Wednesdays 9.30am to 6.00pm. Goods delivered by 4pm Thursday will be included in the following Monday's sale.
Commission
is 15 % of the hammer price. Commission rates can be negotiated for higher value lots. Our minimum commission charge is £10 per lot, sold, nothing for unsolds.
Insurance
is charged at 1% of the hammer price with a minimum insurance charge of £1 per lot, sold or unsold.
V.A.T.
is charged at 20% only on our charges above (N.B. not on the total hammer price).
Payment
is made 21 working days after the sale date.
Photography
High value or interesting lots may be photographed free of charge and used in our advertising.
Transport
Criterion operates a carriage service. Please ask for details.

Conditions of Acceptance
1
Criterion Auctioneers Ltd (Criterion) act only as agent (save as hereinafter appears) of the person or persons (in these Conditions called the Seller) sending property with Criterion for sale. The Seller warrants Criterion that he is entitled to sell.

The purchase price payable by the Buyer shall be the aggregate of the final bid and a premium of 24 per cent (V.A.T. inclusive).

The property in a lot shall not pass to the Buyer until he has paid the purchase price in full but the lot shall be at the Buyer's risk in all respects from the fall of the hammer.
2
Criterion shall have complete discretion as to whether or not to offer for sale or not and as to:
(a) whether the property is suitable for sale by them and as to the manner in which the sale shall be conducted;
(b) the description of the property in their catalogue or other literature;

(c) seeking the views of any experts.
3
The Seller shall not bid for his property or employ any person to bid for him save that he may impose a reserve in which case the Auctioneer alone shall have the right to bid on behalf of the Seller.
4
The net proceeds of sale less the premium, Criterion's commission and any charges to the Seller's debit will become due and payable to the Seller after 3 weeks of the date of sale provided that Criterion have been paid the purchase price in full by the Buyer.
5
Once entered for sale, lots may be withdrawn by the Seller only upon payment of a withdrawal fee of a minimum of twenty five pounds sterling plus any cost incurred (subject to V.A.T. at the standard rate).
6
Property not being kept for sale must be collected at the Seller's expense within one week of notice requiring the Seller to collect, After such a week Criterion are authorised to sell such property in such a manner and on such terms that they think fit. Property returned at the request of the Seller shall be returned at his risk and expense and will not be insured in transit unless Criterion have received special directions.
7
Criterion reserve the right at their discretion to arrange for storage in a warehouse of any propoerty sent to or left with them. Unsold lots not collected within 7 days of sale will be charged for storage at a minimum rate of 10 Pounds Sterling per lot (subject to V.A.T. at the standard rate).
8
The Seller must give Criterion all relevant information as to his V.A.T. status with regard to the article sold which he warrants to be correct and upon which Criterion shall be entitled to rely. Once a lot has been designated in the sale catalogue on the basis of such information no alteration so as to affect the liability to V.A.T. can be made.
9
The conditions constitute together with the matters set on the receipt form the entire agreement between Criterion and the Seller.