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Auctions: Standard Terms & Conditions
See also Terms of Business and Extended Credit Facilities and Methods of Payment and Methods of Dispatch and Discount rules and Abbreviations used

BIDDING: All bids must be expressed in South African Rand and will be executed in the strictest confidence. All lots will be sold to the highest bidder, at one increment above the second highest bidder, or at the reserve if no other bids are received. Postal bids received at an irregular bidding step (e.g. R310 instead of R320) will be reduced to the appropriate level (in this case R300) and will not take precedence over a similar earlier bid received at that level.

The bidding steps will be:

From priceTo priceStep value
R0R200R10
R200R500R20
R500R1000R50
R1000R2000R100
R2000R3000R200
etc.

VIEWING: All lots are available for viewing at our offices, by appointment from Monday-Friday during office hours, or on the day of the auction at the auction venue, prior to commencement of the sale. For email customers, scans of appropriate lots will be supplied on request.

METHODS OF PAYMENT: Buyers may pay for auction lots in the following ways:

  1. Cash in Rands, or any major currency.
  2. Credit Card. On the day of the auction, or thereafter by prior arrangement only.
  3. Cheques will only be accepted from known buyers.
  4. EFT. Only by prior arrangement.
  5. PayPal.

No BUYERS COMMISSION or VAT will be added, the knock-down price is the price one would pay, plus postage if required.
Payment is due on completion of the auction for buyers present in the auction room, or immediately thereafter for postal or email bidders, unless by prior arrangement.

METHODS OF DISPATCH:

  1. Auction lots will only be handed over or posted after payment has been made in full.
  2. Auction lots will be posted by the safest possible method available, with insurance as standard.
  3. If you choose uninsured mail or any alternative method of posting, this will be entirely at the risk of the addressee.
Realisations will be available on request from the Monday after the auction.

GENERAL TERMS: We exercise the greatest possible care to ensure that all statements as to centring, colour, condition and date of issue or postal marking, gum, margins, paper, perforation, printing, provenance, quantity, sheet position, status, usage, watermark etc, in the lot descriptions are reliable and accurate and that each item, unless the contrary is indicated, is genuine and authentic. These statements, however, are not intended to be, and are not to be taken to be statements of fact or representation of fact. They are statements in the opinion of the auctioneer and attention is particularly drawn to Clauses 9-16 below. Certain lots may contain notes, list, writing up etc, but these do not and should not be taken as part of the description.

  1. The highest bidder of each lot shall be the purchaser thereof. Should there be two identical bids for a lot, the earliest received bid will have preference.
  2. The bidding and advances shall be regulated at the discretion of the auctioneer, using the BIDDING STEPS as a guide.
  3. The purchaser of each lot shall pay the auctioneer the price notified (the selling price, plus posting & packaging costs where required) immediately upon receipt of notice and prior to dispatch, unless prior arrangements have been agreed upon.
  4. All goods remain the property of the auctioneer until paid for in full.
  5. When an agent bids on behalf of anyone, such agent will be personally liable for payment of the total amount due to the auctioneer and for delivery of the lot/s to the client.
  6. Each lot shall be at the purchaser's risk from the time of being advised to be the purchaser.
  7. The auctioneer shall not be liable for any default of the purchaser or vendor.
  8. Unless otherwise stated, each lot is sold as genuine and properly described.
  9. If after the sale the purchaser of a lot shall prove it to be not genuine or wrongly described, the purchaser will be at liberty to reject the lot, provided that the purchaser (a) being in South Africa within 7 days, or being overseas within a reasonable time, after paying for the lot, gives notice in writing to the auctioneer of intention to question, as the case may be, the genuineness or description of the lot, AND (b) within 30 days (or in exceptional cases, such longer time as may, at the auctioneers discretion, be allowed for expertisation) returns the lot to the auctioneer.
  10. The onus of proving the lot to be not genuine or wrongly described lies with the purchaser. Proof of the inability of an expert or expert committee to express an opinion, will not discharge such onus.
  11. No lot shall be rejected if, subsequent to the sale, it has been immersed in water, marked by an expert or expert committee, or treated by any other process, unless the auctioneer's permission to subject such a lot to immersion, marking or such treatment has first been obtained from the auctioneer, prior to submitting the lot to any such process.
  12. Lots stated to contain collections and/or accumulations must be taken with all faults, and errors as to numbers if any, and by reason of the foregoing, a purchaser of any such lot shall have no right to reject the same.
  13. No lots scanned and supplied (or photographed in the catalogue) shall be rejected on grounds of cancellation, centring, margins, perforations or other characteristics clearly apparent from the scan or photo.
  14. A set (consisting of more than 1 stamp) may not be returned for damage to an individual stamp or stamps, when the catalogue value of the individual stamp or stamps in good condition, is greater than the catalogue value of the set.
  15. Minor perforation separations in blocks and sheets are the rule rather than the exception. Such separations do not affect the value except where a perfect join is necessary (e.g. SA & SWA bilingual pairs).
  16. Covers & postal history: Torn, partially removed back-flaps, cover tears of less than 5mm, light creases, small or minute stain or tone spots or ageing, which do not affect appearance, adhesive or markings, are not justification for a lot being rejected.
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