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Potters Bar

Hertfordshire

EN6 1TL

01992 633 373

From Europe: 0044 1992 633 373

From the US and Canada: 011 44 1992 633 373

[email protected]

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© 2026 Cadmore Auctions. All rights reserved.

Seller Policy
  1. You are here:
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  3. Selling
  4. Seller Policy

1. BEFORE THE SALE

1.1 Agent for the Seller Cadmore Auctions (hereafter C.A) acts as an agent for the Seller. The Seller agrees that C.A shall promote and offer the Lot(s) for sale on their behalf. For the purposes of the present Terms and Conditions, the Seller is defined as the legitimate owner of the Lot(s). The Contract of Sale is between the Buyer and the Seller.

1.2 Seller Undertakings The Seller undertakes to C.A that they are the true owner of the Lot, or have been duly mandated by the true owner to sell the Lot, and that there are no claims relating to ownership or title or any other claim thereon. All information provided by the Seller prior to the sale, including but not limited to attribution or provenance, is deemed to be true and accurate.

1.3 Proof of Identity The Seller shall be required to provide proof of identification in the form of a passport and photocard driving licence. No other forms of ID are acceptable. Proof of address of main residence is also required. Only official documents showing name and address will be accepted.

1.4 Lot Examination and Description C.A shall proceed to a free standard examination of the Seller's Lot, which does not involve in depth investigation or tests unless otherwise agreed. Identification and description of the Lot is a statement of opinion by C.A and is made for the sole purposes of informing the Seller. Until the Lot is entered for sale, the basic description given by C.A is not binding.

1.5 Estimates Estimates at C.A are made for indicative purposes only and are merely a statement of the auctioneer's opinion. The Seller accepts that any estimate or valuation provided by C.A is a genuinely held opinion only and can in no way be considered as a guarantee of the selling price or value of the item. Estimates do not include Seller's Commission or VAT.

1.6 Reserves The Seller may place a reserve price on items offered for auction. Reserve prices of less than £50 shall not be accepted. Where Lots are entered on a signed contract or receipt without reserve, the Lot may be sold to the highest bidder, irrespective of the price achieved.

1.7 Cataloguing / Marketing A basic description of the Lot shall be made prior to cataloguing. An agreed processing charge, which may include a marketing fee where applicable, will be incurred on sold lots only as per the figure stated in the Consignment Agreement. Marketing and any promotion of a lot in any medium is at the sole discretion of C.A.

1.8 Item Withdrawal Before the Sale In the event a catalogued Lot is withdrawn by the Seller prior to the sale, a charge of £30 plus VAT or 10% of the reserve plus VAT (whichever is greater) will be levied. C.A may at its entire discretion and at any time before or during the sale withdraw a Lot consigned by the Seller for any reason it deems reasonable.

1.9 Charges Any costs in relation to the sale that may arise, such as Seller's Commission, taxes, and any other costs relating to the promotion of the Lot by C.A (when agreed) or obtaining relevant authorisations for the purposes of the sale shall be at the Seller's expense.

2. DURING THE SALE

2.1 Bidding Policies C.A shall regulate the bidding at its entire discretion. Neither the Seller nor anyone on behalf of the Seller shall be permitted to bid for their own Lots. Where Lots are entered with a reserve, C.A alone shall have the right to bid on behalf of the Seller and up to the set reserve price only.

3. AFTER THE SALE

3.1 Unsold Lots If a Lot does not sell during the auction, the Seller must collect said Lot no later than close of business on the Friday following the sale, or agree a re-entry schedule with C.A. Uncollected items shall be sold without reserve, or prior notice. Storage shall incur fees at £5 per lot per day plus VAT.

3.2 Unsold Without Reserve Should any item (estimated at £50 or under) without reserve not attract a bid during the auction, C.A reserves the right to dispose of the item in the absence of an agreed arrangement with the seller.

3.3 Seller's Commission A commission charge of 15% of the hammer price on any Lot, plus VAT on that commission, shall be payable by the Seller to C.A. Exemptions to this fixed rate must be detailed in the 'Special Instructions' section of the Consignment Agreement.

3.4 Payment C.A shall make the payment for the proceeds of the sale to the Seller within 35 days of said sale. Payment shall be made by cheque or bank transfer within the above-mentioned time limit after full payment for any outstanding charges owed by the Seller has been made to C.A.

3.5 Loss or Damage C.A provides a Loss or Damage Liability Warranty, assuming liability for Lots consigned to it at the lower pre-sale estimate, until title passes to the Buyer at the fall of the hammer. A Loss and Damage Liability Warranty fee of 1.5% of the hammer price plus VAT will be charged.

3.6 Cancellation In the event C.A becomes aware of any error or dispute of any nature during or after the auction, it may entirely at its discretion cancel the sale or reoffer and resell the Lot. By no means can the Seller cancel the sale upon the fall of the hammer.

3.7 Data Protection The Seller agrees that personal information transmitted to C.A may be disclosed exclusively for the purposes of business, or as required by Law. C.A shall not use personal information for any other purpose without prior consent. C.A shall never sell, lend or trade in personal data provided by any Party.

3.8 Law and Jurisdiction The rights and obligations of the parties with respect to these Conditions of Sale shall be governed by and interpreted in accordance with the Law of England and Wales. The Courts of England are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions relate.

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