Buyer Information


Registration and Buyer’s numbers

The auction will be conducted using Buyer’s numbers. All prospective bidders are asked to register and collect a Buyer’s number before the sale.

Buyer’s premium

Please note that a Buyer’s premium of 22% (inclusive of Goods and Services Tax) of the hammer price on each lot is payable by the Buyer.

Collection of purchases

All lots purchased must be collected from the place of auction within seven days. Collection may be available for a brief period at the conclusion of the sessions, and between the hours of 11.00 am and 5.00pm on the next day. Uncollected lots may be placed in storage at the Buyer’s risk and the Buyer’s expense. Australian Book Auctions will be pleased to assist any Buyer who wishes to make special arrangements for collection. Please notify us before the sale if you require special assistance.

Methods of payment

Unless otherwise announced by the auctioneer, no purchases may be collected until the end of the sale. Payment should be made in Australian dollars in cash, or bank cheque, or by telegraphic transfer to Australian Book Auction’s account. Personal cheques may be accepted at the discretion of Australian Book Auctions and, unless prior arrangements have been made, must be cleared before delivery of any lots. Credit card payments by Mastercard or Visa can also be accepted by prior arrangement. Please note that if payment is made by credit card, an additional charge of 1.1% will be added to your invoice to cover bank fees and charges.

 

Sale Room Notices and Announcements from the Rostrum

All conditions, notices, descriptions, statements and other matters concerning a lot are subject to any statement modifying or affecting that lot made by the Auctioneer from the rostrum prior to any bid being accepted on that lot. In general and where possible, any such matter will also be noted in a Sale Room Notice posted prior to the sale.

Pre-sale estimates

The pre-sale estimates are intended as a guide for prospective buyers only. A bid between the listed figures should, in our opinion, offer a fair chance of success. However, all lots, depending on the level of competition, can realise prices either above or below the listed estimates.

Please note that where any lot is subject to a seller’s reserve in no case will the seller’s reserve exceed the lower estimate.

Absentee bidding and Telephone bidding

As a convenience to buyers who are unable to attend the auction in person, Australian Book Auctions will, if so instructed in writing at least 24 hours before the sale, execute bids on behalf of prospective buyers. Absentee bids can only be accepted on the appropriate form fully completed (the form is to be found at the end of this catalogue). Absentee bids cannot be accepted by telephone unless confirmed in writing. In the case of lots with a lower estimate of at least $1000 , Australian Book Auctions will, if so requested at least 24 hours before the sale, make all reasonable efforts to contact prospective buyers by telephone so as to enable them to participate in bidding. Requests for this service must confirmed in writing. In no circumstance will Australian Book Auctions be held responsible for any error or failure to execute bids. Absentee bids should conform to the increments published in this catalogue. An absentee bid that does not conform to the published increments may be lowered to the next bidding interval.

Condition of lots

All lots are sold “as is”, in accordance with clauses 6a-f of the Conditions of Business, and Australian Book Auctions makes no representation as to the condition of any lot. Buyers should satisfy themselves as to the condition of any lot before the sale.
Every attempt is made to describe all lots accurately in the catalogue but condition of lots is not generally noted.

Where a note describing the condition of any lot is included in the catalogue this is intended as general guidance only for intending buyers who should satisfy themselves as to the condition of any lot or as to any other matter affecting the value of any lot before the sale, either by personal inspection or by obtaining any independent expert advice reasonable in view of the buyers’ expertise and the value of the lot. Buyers will be deemed to have knowledge of all matters which they could reasonably be expected to find out given the exercise by them of reasonable due diligence. See especially clauses 6a-6f and 7a-f of the Conditions of Business.

Conditions of Business

The auction will be conducted in accordance with our Conditions of Business printed in this catalogue. Prospective bidders should read these Conditions carefully before bidding. The above notes are for general guidance and should not be taken as a summary of the Conditions of Business nor an alternative to them.

 

Bidding Increments

Bidding generally opens below the lower estimate and advances in increments of up to 10%, subject to the auctioneer’s discretion. Absentee bids that do not conform to these published increments may be lowered to the next bidding interval.

 Up to $200  by $10s
$200 to $500 by $20s
$500 to $1000 by $50s
$1000 to $2000 by $100s
$2000 to $5000 by $200s
$5000 to $10,000 by $500s
$10,000 to $20,000 by $1000s
$20,000 to $50,000 by $2000s
$50,000 to $100,000 by $5000s
Above $100,000 at auctioneer’s discretion.

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