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Music Legends Online Sale
Date: 20 May 2008
Venue: The Internet
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View Catalogue
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| How to Buy |
If
you are interested in bidding or buying
at Cooper Owen, we hope this guide will
be useful to you in explaining the simple
procedure.
This guide is only a supplement to our
Terms &
Conditions of Business as well
as any supplementary notices. By bidding
at Cooper Owen, you are bound by those
Terms &
Conditions of Business.
Please remember that all property is
sold ‘AS IS’. There are
only limited rights of rescission as
described in our Terms
& Conditions of Business.
If you have any questions related to
this, please contact one of our members
of staff or email customerservice@cooperowen.com
Estimates
Cooper Owen provides descriptions and
auction estimates for each lot in the
sale. These are guides for prospective
bidders and, where possible, reflect
prices that similar objects have sold
for in the past. The estimates are determined
prior to the sale and are occasionally
subject to revision and are intended
only as a guide to the actual selling
price.
Viewing
A public view is held prior to each
auction to enable prospective bidders
time to examine any lots of interest.
Cooper Owen representatives are on hand
at these viewing exhibitions to answer
questions. The dates and times of these
viewing periods are printed in the front
of the catalogue and displayed on our
website.
Condition
Reports
If you are unable to attend the view,
Cooper Owen will be pleased to provide
a condition report on lots. However
prospective buyers are reminded that
each lot is sold ‘as is’.
Registration
Registration prior to, or on sale day,
is required to bid in any auction. Registration
is free and does not obligate you to
make a purchase. However, you will be
required to provide us with suitable
proof of identity and payment in accordance
with our
Terms & Conditions of Business
. If you acting
as an agent for a third party, we will
require prior authorisation from that
third party otherwise you will be treated
and invoiced as the principal.
How to
bid
There are four ways of bidding at a
Cooper Owen auction:
i.) in person, with a bidding card issued
by Cooper Owen
ii.) by absentee bid, using the absentee
bid form printed at the back of a catalogue
iii.) By online bid prior to the auction.
You may leave an online absentee before
the sale by registering on this site
and leaving a bid through this site.
iv.) Online ‘live bidding’.
You may bid online during the sale if
you are a registered user of eBay and
that auction is listed on www.ebayliveauctions.com.
v.) by telephone bid, participating
in the auction by telephone. Telephone
bids will only be accepted at the department’s
discretion and usually only for high
value lots.
Bidding
Bids usually moves upwards in 10% increments.
If you wish to make a bid, please raise
your catalogue or bidding card clearly
for the auctioneer to see. If you are
the successful bidder on a lot, the
auctioneer will acknowledge this and
ask for or call out your bidding number.
Auctions speeds vary but most auctions
at Cooper Owen proceed at 100-150 lots
per hour.
Seller
Not Permitted to Bid on his Own Property
Cooper Owen acts as an agent for the
seller and Cooper Owen prohibits a Seller
from bidding on his own property. It
is important for all bidders to know
that the auctioneer may open the bidding
on any lot by placing a bid on behalf
of the Seller and may continue bidding
for the Seller by placing responsive
or consecutive bids, but only up to
the reserve. The auctioneer will not
place consecutive bids on behalf of
the seller above the reserve.
Reserves
A reserve is the confidential minimum
bid established between Cooper Owen
and the Seller, below which the lot
will not be sold. The reserve will not
exceed the low estimate of the lot.
Hammer
Price and Buyer's Premium
A Buyers Commission of 15% of the hammer
price of each lot sold (together with
any VAT chargeable thereon) is payable
by the buyer to Cooper Owen for their
own retention and will not be waived.
Payment for Purchased Property
Payment is due at the time of the sale.
Cooper Owen accepts the following methods
of payment:
Sterling Cheques - All cheques must
be cleared before you can collect your
purchases. A valid cheque guarantee
card must support all purchases.
Bankers Draft or Building Society Cheque
- These will enable you to collect your
purchases immediately (assuming they
are lots in the possession of Cooper
Owen) accompanied by a suitable proof
of identity.
Cash - We are happy to accept cash but
advance warning for larger amounts is
appreciated.
Bank Transfer – Cooper Owen’s
bank details are available upon request.
When making transfers please give the
invoice number as a reference. Please
note that there is a 1% surcharge for
using this method.
Debit Cards - We accept Switch and Delta
cards. If you have another card, please
contact us in advance to confirm if
we can accept it.
Credit Cards - We accept Visa, Access,
Mastercard. Please note that there is
a 2% surcharge for using this method.
CooperOwen reserve the right to charge
interest on all accounts outstanding
over five working days, together with
storage and removal charges where applicable.
Collection
of Property
Most purchases can be collected during
normal working hours, (providing payment
has cleared) up to one week after the
sale from our offices at 74 Station Road,
Egham, Surrey, TW20 9LF. Please note that
some lots may not be located at Cooper
Owen’s office. We suggest that
you telephone prior to arranging collection.
If lots are not collected at this stage,
a charge will be applied.
If an agent or carrier is collecting
on behalf of the buyer and cannot produce
the correct paperwork including written
authority from the buyer then Cooper
Owen cannot release the property.
Shipping
of Sold Lots
Please visit our ‘Shipping &
Fulfillment’ to read more about
this service.
Sale Results
Sale results are published on our website
following all Cooper Owen auctions and
can either be printed out or downloaded
to your computer. Unsold lots may not
appear on this list.
Export
Permits
Please be aware that an export permit
may be required for certain items including
ivory, tortoiseshell, endangered species
covered by C.I.T.E.S. regulations and
categories of goods over a specific
value. Our Customer Services department
can offer advice, but it is your responsibility
to ensure that you have the relevant
permits.
+graphic
There is a commission of 15% of the
hammer price of each lot sold through
Cooper Owen.
Insurance
Insurance is charged at 1.5% of the
hammer price. If you do not require
your property to be covered by our insurance,
please inform us in writing at, or prior
to, consignment.
Other fees, such as illustration fees
specific marketing costs, advertising
etc, will be discussed with the consignor
in advance or detailed in the receipt
you will receive from us when you consign
your property for sale.
Unsold
Fees
There is a fee of £10 (inclusive
of V.A.T.) for lots that do not sell
with an agreed reserve. However Cooper
Owen reserve the right to charge an
unsold commission.
Shipping
Arrangements
Consignors must arrange for the delivery
of property to Cooper Owen at the consignor’s
risk and expense. Cooper Owen will supply,
at a consignor’s request, names
of packers and shippers who are independent
contractors.
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