HIT4SIX SIXES X BUDDS Timed Auction commences on the 24th of November at 7pm and starts to conclude on the 17th of December at 7pm, with each lot showing an end time.

Note: Lots can extend for a period of time if there are active online bids prior to the end time.

Pre-Auction Viewing:

We offer pre-auction viewing of all of the lots at our Wellingborough Auction Room prior to the auction, this can be arranged by timed appointment, please email us at hello@budds.com

Condition Reports:

Any requests for condition reports or additional photographs can be received by email prior to the auction concluding, please email us at hello@budds.com

BUDDS as a company do not issue COA’s. If one is supplied by the vendor details are included in the individual descriptions.

It is recommended that prospective Bidders inspect the lots on which they intend to bid, we accept bids from potential Buyers on the basis that Buyers (or their advisors) have fully accepted the lot prior to bidding and have satisfied themselves prior to bidding in relation to the condition and accuracy of the description of the lot.

Bidding:

Clicking the Bid button or placing an absentee bid is legally binding obligation to buy and pay for the lot should your bid be successful. For security, we track all bids placed.

Register Online & Id required:

All bidders are recommended to register in the auction Online at least 24 hours prior to the auction commences.

A form of government-issued proof of identification (photographic identification with proof of current address) may be required at the time of registration, from all Online Bidders.

Lots will only be invoiced to the name and address on the bid registration form and cannot be transferred to another name and address. We can only accept payment for the lot (s) from the registered Bidder.  

Buyer’s Premium and VAT:

The final selling bid at auction is known as the ‘hammer price'.

For bidders who have registered and bid directly at BUDDS website for Timed Auctions, a buyers premium of 10% of the hammer price will be charged, subject to Vat at the current rate of 20%.

Payment: Is due in Sterling within 14 days of the auction date and before any property can be released. After the auction concludes successful buyers will be invoiced by email with payment links and shipping request details.

Artists Resale Rights (ARR):

Some lots as indicated in the catalogue may be subject to Artists Resale Rights (ARR).
This was introduced by a European Directive in 2006 to ensure that artists receive a royalty when their work is resold by an auction house or gallery. This Right applies to living artists and to those who have died within the last 70 years who are from applicable countries.

This royalty is paid by the purchaser on top of the hammer price if the sale price reaches or exceeds £1,000 GBP. The amount payable is on a sliding scale e.g. up to £50,000 GBP, the royalty rate is 4% of the sale price. The maximum royalty a work can earn is capped at £12,500 GBP.