SIMPLE INSTRUCTIONS FOR BUYING AT AUCTION

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Loughlin Bowe Fine Art & Antique Auctioneers welcome you to our salesrooms. We will be pleased to help you with any aspect of buying or selling at auction. We can also provide a wide range of valuations, i.e.. Insurance, market, probate, etc.

USING THIS CATALOGUE

Estimate Prices
Each entry in this catalogue includes an estimated price range, which reflects the opinion of our specialists. These are based upon prices recently paid at auction for comparable property and take into account condition; rarity; quality and history of previous ownership (provenance).
Estimates are prepared well in advance of the sale and are subject to revision; they do not include the buyer's premium.

Reserves
The reserve is the minimum price the seller is willing to accept and below which the lot will not be sold. This amount is confidential but will not exceed the lower estimate.

Buyer's Premium
Buyers are reminded that the actual purchase price will be the sum of the final bid price plus the buyer's premium, which is 17.5% of the final bid plus 21% VAT chargeable thereon.

BEFORE THE AUCTION

You can attend pre-sale viewing for our auctions at the stated times on the title page of the catalogue. You are encouraged to examine lots thoroughly and to request condition reports (see below). Loughlin Bowe's
client service staff are available to give advice at all viewing's or by appointment.

Condition Reports
If you want additional information on a particular lot, or cannot attend the viewing, Loughlin Bowe Fine Art & Antique Auctioneers will be pleased to provide a condition report. Please contact our staff.

We remind prospective buyers that descriptions are not warranties but opinion only.

Opening Hours
Our offices are open Monday to Friday, 10.00 am to 5.30pm.However as we work off site preparing Auctions and conducting Valuations we can also be contacted 7 days a week on on our mobile phone to assist with queries, phone +353 (0)86 3406358for details. NB. The viewing times for auctions are during the times stated on the title page of the catalogue.

Registration
If you are planning to buy at auction, you will need to register at the desk in the salesrooms on the day of the auction, so we can enter you onto our computerized system. This ensures rapid processing of invoices for successful bidders. Please arrive 1 hour before the auction to complete bidder registration and to receive a numbered 'paddle' to identify you. If you are a new client, or if you have not made a recent purchase with Loughlin Bowe, you might be -asked to supply a bank reference. To avoid any delay in the release of your purchases, you may wish to prearrange cheque approval. If so, please contact us.

Before you bid, we ask you to read our Conditions of Business, buyers conditions, sale information and sale notices. The acceptance of your bid will be subject to these conditions

THE AUCTION

All auctions are open to the public,you are most welcome to attend whether you are an intending purchasers or not. Admission is by catalogue only which will be on sale prior to the auction or at the venue. We do however reserve the right to refuse admission to any any private property at which a sale is being held.

Bidding
items are auctioned in numerical lot order, as they appear in the catalogue. The lot being offered is shown at the front of the salesroom or is illustrated on video. The auctioneer will accept bids from those present in the room or absentee bidders participating by telephone or via written bid.

Auctions usually proceed at about 80-100 lots per hour, though it may vary depending on the category of items being sold.

Bidding Increments
Bidding generally opens below the low estimate and advances in the following increments:

€100 - €200 By €10
€200 - €300 by €20
€300 - €500 by €20 or €30
€500 - €1000 by €50
€1,000 - €2,000 by €100
€2,000 - €3,000 by €200
€3,000 - €5,000 by €200 or €300
€5,000 - €10,000 by €500
€10,000 - €20,000 by €1,000
€20,000 and up Auctioneers discretion
ALL RATES ARE IN EUROS.

However, the Auctioneer may change the increments during the course of the auction at his or her discretion

Written Bids
If you cannot come to an auction in person, Loughlin Bowe Fine Art & Antique Auctioneers can bid for you. There is no charge for this service, known as commission bidding. You simply pay the final bid price plus the premium in the usual way, as explained on the written bids form included at the back of the auction catalogue and on this site.

Telephone Bids
If you cannot attend the auction, you are welcome to bid on the telephone on lots with a minimum estimate of €1000. We recommend early booking, as availability of lines cannot be guaranteed. (We also recommend that you leave a covering bid which we can execute on your behalf in the event that we are unable to reach you by telephone). This service is also provided free of charge.

Successful Bids
The fall of the auctioneer's hammer indicates the final bid. The auctioneer will call out and record the name or 'paddle' number of the buyer. If your written bid is successful, you will be notified immediately after the sale by telephone or post.

Unsold Lots
If a lot fails to reach its reserve, it will be 'bought-in' by the auctioneer and either re-offered at a later date or returned to the seller.

It is possible to make after-auction offers. Please contact us directly.

AFTER THE AUCTION

Payment and Collection of Goods
Payment must be made within one calendar day of the sale (dates and times on the title page of the catalogue). The property you have bought can only be collected when payment has cleared.
Payment can be made by cash of bank draft, made payable to Loughlin Bowe Fine Art & Antique Auctioneers or by bank transfer direct to our bank (details available upon request).

To avoid any delay in releasing goods, prospective buyers should supply bank references before the auction.

 

SELLING AT AUCTION

Special Scheme for Sellers
Loughlin Bowe are the first Antique & Fine Art Auctioneers in Ireland to introduce a special scheme for vendors of high value antiques and Important Irish Art. Vendors of important items accepted* by us under this scheme do not pay any vendors commission on the hammer price which is achieved for these items, when these items are sold by us at auction, items accepted under this scheme are subject to charges for any costs relating to their sale incl. but not limited to, insurance, haulage, storage, handling, catelogueing and illustration.                         *subject to terms and conditions

BEFORE THE AUCTION

Auction Estimates
If you are considering selling, Loughlin Bowe Fine Art & Antique Auctioneers are happy to provide a free verbal estimate of the auction value of your property. We can call to see the items in situ if required. If you wish to show us your item(s) at our premises it is advisable to make an appointment in advance in order to ensure prompt attention,. If a visit is not practical, please send a clear photograph and a written description by post or email.

Consigning Property for Sale
If you decide to sell your property at auction, the procedures are simple and you should find Loughlin Bowe's staff helpful to you throughout the process. After discussions with us, we will set out the terms, commission fees and services we can provide. Nb. The commission rate quoted does not include additional vendor charges for items such as insurance, catalogue illustration, haulage etc.

Pre-Auction Notification
Before the auction, you will receive a 'pre-sale advice' form, indicating the lot number and cataloguing of your property. This will also confirm the reserve price(s) (if applicable) which is subject to the standard auctioneers descretion on the reserve price of 10%.

AFTER THE AUCTION

Post-Auction Notification
After the auction you will receive notification of your lots which have been sold, or in the event that the property failed to sell, notification that it was 'bought-in'. In a comprehensive report, together with a cheque in settlement for lots sold at auction less any commission or charges.

Unsold Lots
If a lot does not reach the reserve, it is 'bought-in' and the seller should contact the department.

Payment
Approximately 10 working days after the auction, you will be sent sale proceeds and a settlement statement itemizing commission and any other charges. Payment can only be made to the seller when Loughlin Bowe Fine Art & Antique Auctioneers have been paid in full by the buyer.

This sale is subject to the Conditions of Business

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