Frequently Asked Questions
Information for Buyer’s at 98 Avenue Auctions
All intending bidders are requested to register at the office and provide identification in order to collect a bidding paddle before the commencement of the sale.
Subject to the absolute discretion of the Auctioneer the highest bidder to be the purchaser, the Auctioneer reserving the right to bid on behalf of the Vendors, should he think fit, and if any dispute arises between two or more bidders, the dispute may be settled by the Auctioneer, or the lot so in dispute, may be immediately put up and re-sold.
No person shall advance less than 10% on the preceding bid. The Auctioneer reserving the right to control the bidding.
Lots to be taken away and paid for, whether genuine and authentic or not, with all faults and errors of description at the buyers expense and risk, within 1 day from the close of sale. Lot’s cannot be removed from the sale room while the auction is in progress. 98 Avenue Auctions are not responsible for the correct description, genuineness or authenticity of, or any default or defect in any lot, and making no warranty whatever.
Upon failure to comply with any of the Conditions of Sale the defaulter shall pay any loss arising on any re-sale of the lot, together with the charges and expenses in respect of both sales.
The buyer shall pay the hammer price together with a premium of 15% of the hammer price and VAT at the current rate.
Payment must be either by cash, bank transfer, or guaranteed cheque. Payment can also be made by Visa, Master Card and Laser in person. Credit cards incur a 2% charge.
We will be pleased to execute bids on behalf of the intending buyers, and no charge is made for this service. Lots will be purchased as cheaply as permitted by other bids and reserves. Bids must be submitted at least an hour before the Sale commences.
Bids left by telephone will be accepted only on condition that they are at the sender’s risk, and must in any case be confirmed by e-mail or in writing.
Information for Seller’s at 98 Avenue Auctions
The Auctioneers reserve the right to enter all goods received in what they consider to be a suitable Auction and Section.
98 Avenue Auctions charge fees to the Seller of items, of €2 to enter items that have an expected outcome of less than €20. The Seller must also pay a premium of 10% of the hammer price plus VAT at the current rate.
Yes, but all goods are subject to 3% insurance.
For all items that have an expected outcome of less than €20, a €2 lot entry fee is applied.
Items are received for Sale and will be sold subject to Auctioneers discretion. If Reserves are required, the reserves must be agreed before Lots are accepted, and entered on the Sale Order form. A buying-in-fee is charged on the ‘Knock-down’ bid for items which fail to reach the reserve price. The rate of charge will be 15% of the hammer price plus VAT on lots with reserves. Such amount must be paid before the removal of the items after Auction. The minimum account charge will also apply.
Items entered with no reserve will be sold to the highest bidder at the auctioneers discretion.
Once catalogued, items withdrawn from Sale will be subject to the buying in charges based upon reasonable sale values. If items are withdrawn after publication of the catalogue, they must be bought in at the Auction and the buying in charges will apply. The minimum account charge will apply in all cases. All charges due must be paid before removal of items, which must be effected as soon as possible.
Articles of little value will be grouped together and sold in lots and can only be accounted for by lot and not in detail.
Cheques and statements will be issued 28 days following sale, subject to payment and collection.