Vendor Auction Conditions

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Company Profile
Edlins is a family business that was established in 1976. We
are a household name in collecting circles in Australia and
the company is well known overseas from our regular buying
and selling trips to Europe, North America and Asia. We are
proud to be members of the Australian Numismatic Dealers
Association, the Australasian Philatelic Traders Association
and the Stamp and Coin Dealers Association Australia.
Edlins is mostly well known nationally and internationally as
an Auction House and in 2014 we held our benchmark 200th
public and postal Auction. In addition, to Auctions, Edlins
has been servicing the Canberra collector market for 40 years
with the National capitals largest range of stamps, coins and
collectors accessories, and now a major supplier of medal
ribbons, quality replica medals and medal mounting
accessories. Edlins has continued to grow with an expansion
into regional NSW with the addition of our new Yass
premises which handles our esales side of the business.
EDLINS AUCTIONS
We urgently require your Quality Coins,
Banknotes, Stamps & Collectables
Traders and Auctioneers of Quality Coins,
Banknotes, Stamps Medals & Collectables
We run regular public and postal Auctions in
the heart of Canberra. Call in and visit our
Auction Rooms at 53 Alinga Street Canberra
or our Yass Branch at 157 Comur Street Yass
53 Alinga Street Canberra City
ACT 2601 (Next to GPO)
Whether you are buying or selling talk to our
experienced and helpful team today
157 Comur Street Yass
NSW 2582
FUTURE AUCTIONS
Frequently Asked Questions
When will you hear from us ?
Auction Number 210
to be held 22 October 2015
Vendor Material required by
16 September 2016
When will I get Paid ?
Auction Number 211
to be held March 2017
Vendor Material required by
30 January 2017
After consigning material with us for Auction we will write
up and describe your goods. Approximately 3 to 4 weeks
prior to the Auction, a catalogue and a statement of your lots
will be sent to you.
A final Vendor Statement and cheque are mailed out to
Vendors approximately 30 working days after the Auction so
you will receive payment about 6 weeks after the actual
Auction date.
EDLINS AUCTIONS
All mail to: GPO Box 289 Canberra ACT 2601
Phone: 02 62487859 Fax: 02 62487553
Email: edlins@tpg.com.au
ABN 62 796 631 669
What happens if some of my lots do not sell ?
Any lots not sold will usually be offered at the next Auction
at a reduced Estimate and Reserve. If you have any unsold
lots we will contact you to discuss your preferences.
Auction Number 212
to be held May-June 2017
Vendor Material required by
20 April 2017
www.edlins.com.au
VENDOR AUCTION CONDITIONS
TERMS AND CONDITIONS OF CONTRACT
BETWEEN EDLINS OF CANBERRA (the Auctioneer)
and;
Name:________________________________________
(the vendor)
Address:______________________________________
__________________________Post Code___________
Phone: _______________________________________
1. The vendor will pay to the auctioneer:
(a) $5.50 (including GST) per lot, handling and
lotting charge
(b) 2.2% (including GST) of the total estimated
value of the property to cover insurance
(c) 16.5% (including GST) Commission on the
price realised at Auction
2. In respect of any lot withdrawn from sale after being
consigned the vendor will pay commission at 16.5%
(including GST) of the auctioneer's estimate of the sale price.
3. In the event of property, on which a vendor has
stipulated a reserve and this material is not sold then the
vendor will pay commission thereon at the rate of 16.5%
(including GST) calculated on the reserve price. This
condition does not apply if Edlins set the reserve prices
which are normally 60% of the estimated value.
4. The auctioneer does not accept any liability for any loss
or damage whatsoever which may occur because of
inefficient or poor mounting of the property when
received from the owner.
5. The auctioneer will account to the vendor for the sale
price of the property approximately 30 working days after the
sale.
6. Every lot in the auction is subject to the standard terms
and conditions of philatelic and numismatic
auctions.
7. The vendor will receive a copy of the sale catalogue
together with a statement of his/her lots. Vendor's
property is covered by insurance for loss or damage while
under the control of the auctioneer.
8. The vendor warrants that they have authority to enter
into this agreement and that the material being submitted is
his/her unencumbered property.
9. This agreement may be terminated by 60 days notice in
writing.
10. The reserve price will be 60% of the estimate unless
otherwise agreed to.
11. Prospective purchasers are permitted to inspect the
material being offered for Auction under the supervision of
Edlins' staff.
12. The property will be advertised at the auctioneer's
discretion.
13. The buyers of all lots in the auction pay a 19.25%
(including GST) charge. Note: This charge is a standard
charge made by most auction houses and is paid by the
purchaser not the seller.
14. Vendor’s material must total more than $500 in value in
order to be accepted for auction.
I/We agree to the foregoing conditions for sale by public auction.
______________________
(the vendor)
Signed Vendor/s
VENDOR INSTRUCTIONS
Vendor Goods Received for inclusion in;
Auction Number :______________
Auction Date :_________________
Lotting Fee : $5.50 per lot
(including GST)
Commission Rate : 16.5%
(including GST)
Insurance : 2.2%
(including GST)
If Lots are Unsold
Reduce Estimate & Reserve by 20%
and submit to next Sale :
Yes :_____ No :_____
Return to Vendor :
Yes :_____ No :_____
Please contact me :
Yes :_____ No: ______
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