Estimates are shown below each lot in this sale. All amounts shown are in Euro. Our website offers the option of selecting EUR, GBP, US Dollars at the approximate rate taken during the auction period. It is important to note that all sales both online and live in room auctions are solely conducted in EUR. Any bids that are placed at any time are in EUR. The figures shown are provided merely as a guide to prospective purchasers. They are approximate prices which are expected, are not definitive and are subject to revision. Reserves, if any, will not be any higher than the lower estimate.
2. Artists Resale Rights (Droit De Suite)
Is not payable by purchasers.
3. Paddle Bidding (In Person)
All intending purchasers must register for a paddle number before the auction. Please allow time for registration. We recommend reading ''How to Buy" for first time buyers which explains all aspects of buying at our auctions. Please be aware that photographic identification by way of passport or driving licence will be required for new registrants, together with a secure valid credit card. This is for security purposes only. Potential purchasers are recommended to register on viewing days.
4. Buyer's Premium, Payment & Delivery
Buyers Premium:
The buyer shall pay the Auctioneer a commission at the rate of 20% on the Hammer Price plus VAT @ 23% (applied only to the commission) on all individual lots.
For example on a hammer price of €1,000, the Buyer's Premium amounts to €200 and the VAT on the Buyer's Premium amounts to €46, giving a total amount due of €1,246.
Payment:
All purchases must be paid for within seven calendar days of the sale. Our payment terms are cash, banker's draft or cheque drawn on an Irish bank. Cheques will take a minimum of five working days to clear the bank, unless they have been vouched to our satisfaction prior to the sale, or you have a previous cheque payment history with Morgan O'Driscoll. We also accept the following Credit Cards: Visa & Mastercard, subject to a credit card surcharge of 2% of the total invoice value. Debit cards, including Laser card payments, are not subject to a surcharge, however there are daily limits on Laser Card payments. Bank Transfer details are available on our invoice. Please ensure that all bank charges are paid in addition to the invoice total, in order to avoid delays in release of the items. Goods will only be released upon clearance through the bank of all monies due.
Shipping and Delivery:
The buyer shall be responsible for all packing and shipping costs for the purchased property. Purchased Lots may be packed and handled by the Auctioneer, its employees, servants or agents. Where this is done it is undertaken solely as a courtesy to buyers and at the discretion of the Auctioneer. Under no circumstances shall the Auctioneer, its employees, servants or agents be liable for damage of any kind and howsoever caused to any purchased property as per our Conditions of Sale nor shall the Auctioneer be liable for the errors or omissions of, or for any damage caused by, any packers or shippers which the Auctioneer has recommended.
5. VAT Regulations
All lots are sold within the Auctioneer's VAT Margin Scheme unless advised to the contrary. Revenue Regulations require that the Buyer's Premium must be invoiced at a rate which is inclusive of VAT. This is not recoverable by any VAT registered buyer.
The VAT on buyer's premium may be zero rated for lots exported outside of the EU. This facility is available to non-residents and has strict guidelines in relation to availing of this scheme. Please contact a member of the accounts department to enquire further.
6. Absentee and Telephone Bids
We are happy to execute absentee or written bids for bidders who are unable to attend or can arrange for bidding to be conducted by telephone. Bid forms are available from our web site or you can leave absentee bids online by registering on www.morganodriscoll.com.
Bidding by telephone may be booked on lots with a minimum estimate of €500. Early booking is advisable as availability of lines cannot be guaranteed.
7. Condition Reports
The property is sold "as is" therefore imperfections/defects are not stated in the catalogue description. It is up to the intending purchaser to satisfy themselves as to the condition of a lot(s) before bidding. Condition reports may be requested in advance of sale subject to our terms of business. The report is an expression of opinion only and must not be treated as a statement of fact.
8. Conditions of Sale
All lots are being sold under the Conditions of Sale as printed in the sale catalogue and on display in the salerooms or via our web site www.morganodriscoll.com.
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