Free in advance, £5 on auction day. Admits one person. Additional advance catalogues available free upon application to: [email protected] An auction of London Bus, Tram, Trolleybus & Underground Collectables Enamel signs & plates, posters, cap badges, maps, timetables, tickets & other relics th Saturday 26 October 2013 at 11.00 am (viewing from 9am) to be held at LONDON BUS MUSEUM (Mezzanine floor) Brooklands Road, Weybridge, Surrey KT13 0SL (Entry via joint entrance with Brooklands Museum, free with this catalogue, £5 without) Live bidding online at www.the-saleroom.com (Register free) LONDON TRANSPORT AUCTIONS LTD – SALE 001 – 26 October 2013 TERMS AND CONDITIONS OF SALE London Transport Auctions Ltd is hereinafter referred to as the Auctioneer and includes any person acting upon the Auctioneer's authority. 1. General Conditions of Sale a. All persons on the premises of, or at a venue hired or borrowed by, the Auctioneer are there at their own risk. b. Such persons shall have no claim against the Auctioneer in respect of any accident, injury or damage howsoever caused nor in respect of cancellation or postponement of the sale. c. The Auctioneer reserves the right of admission which will be by catalogue and registration. 2. Catalogue a. All descriptions of auction lots, including the condition and estimated value of items, whether printed or oral, are given in good faith and are statements of opinion not fact. Any comments on any lots must be made to the Auctioneer at least 24 hours before the start of the auction. b. Lots are sold with all imperfections and/or faults and neither the Auctioneer nor the Vendor is responsible for any defects whatsoever. c. No warranty is given or implied by the Auctioneer of the Vendor with regard to any lot other than that the Seller has the right to sell it and any express or implied conditions or warranties whether relating to condition or quality are hereby excluded.. d. Intending purchasers should satisfy themselves as to the condition, age, provenance etc of all pieces and lots before they bid. 3. The Auction Process a. The Auctioneer reserves the right: i. to accept or refuse any bid(s), ii. to regulate the bidding and amounts of any bid(s), iii. to rearrange, consolidate or withdraw any lot(s) or part of any lot without reason or notice. b. In the event of a dispute, the Auctioneer has absolute discretion to settle such dispute. c. All transactions associated with this auction sale shall be governed by English law. 4. Conditions of Sale - Vendors a. The Vendor indemnifies the Auctioneer together with his servants and agents who act solely as agent for the Vendor. b. The Vendor warrants to the Auctioneer and the Purchaser that he is either the true owner of any lot or is authorised by the true owner to sell it and that he is able to pass marketable title free of any encumbrance or claim. c. All lots are sold at the Auctioneer’s discretion unless written instructions to the contrary are received by the Auctioneer from the Vendor at least 24 hours prior to the auction (responsibility for receipt of such instructions rests with the Vendor). d. The Vendor authorises the Auctioneer to deduct all monies due to the Auctioneer from the auction proceeds. e. The Auctioneer shall not be liable for settlement of any lot(s) for which he is not in possession of cleared funds. f. The Vendor shall collect any unsold lots within 28 days of the auction. Upon request and where feasible, the Auctioneer will return unsold items by post to the Vendor subject to prior payment by the Vendor of the Auctioneer's packing and postage charge. Any unsold lots remaining after 28 days will incur a daily £5 storage charge unless the Vendor has made arrangements acceptable to the Auctioneer for the lot(s) to be entered in a subsequent auction. Uncollected unsold lots after three months may be re-sold without further notification. g. Vendors are not allowed to bid for their own lots. h. The Vendor agrees to such further terms and conditions as are described on the Auction entry form. 5. Conditions of Sale - Buyers a. In making a bid for any lot, whether in person or otherwise, all persons acknowledge that they have read, understand and abide by these Terms and Conditions of Sale and the Buyer acknowledges that he has satisfied himself fully before bidding, by inspection or otherwise, as to the condition of such lot. b. Responsibility for a purchased lot shall pass to the Buyer at the fall of the hammer; however, legal title shall not pass until the Auctioneer is in possession of cleared funds in payment for that lot. c. All lots must be paid for in full within 7 days following the conclusion of the auction except where agreed by the Auctioneer in advance in writing. d. No lot(s) may be removed until cleared funds are to hand except where agreed by the Auctioneer in writing. e. The Buyer will pay to the Auctioneer the hammer price together with a Buyer’s Premium calculated at a rate of 2 LONDON TRANSPORT AUCTIONS LTD – SALE 001 – 26 October 2013 15.00% of the hammer price, no VAT payable. f. Any lot(s) not paid for and/or not collected within 28 days of the auction will incur a daily £5 storage charge per lot and interest on any unpaid amount will accrue at 3% over NatWest Bank Base Rate. Uncollected lots after three months may be re-sold without further notification, whether paid for or not. 6. The Auction Process a. Those persons wishing to bid in person at the auction should first register at the auction front desk and obtain a bidding number. Prospective bidders who are not known to the Auctioneer will be asked for acceptable identification including proof of address. b. Bidding in the room must be done by holding up the bidder's numbered card so that it is clearly visible to the Auctioneer who may refuse at his discretion to accept bids attempted in any alternative manner. c. Lots may be paid for and removed during or immediately after the auction by application to the front desk. Payment is accepted in cash or by debit or credit card. Credit card payments will incur an additional charge of 3% of the total amount payable. Personal cheques drawn on a UK bank may be accepted from persons known to the Auctioneer. d. Lots in respect of which cleared payment is not possible on the day can be either posted subsequently to the buyer (at the buyer's cost) or collected subsequently from the Auctioneer's office - see below. e. Commission bids may be left with the Auctioneer by completing the Commission Bid form and sending this to the Auctioneer by the deadline on the form. Commission bids will be executed by the Auctioneer as cheaply as possible on a best efforts basis and without obligation. The Auctioneer shall not be responsible for any neglect or default in executing or failing to execute any commission bid. f. Successful commission bidders will be invoiced shortly after the sale with a choice of options for collection or delivery. g. Online live bidding is available via the-saleroom.com and in completing the bidder registration process on that website and providing his/her credit card details the bidder authorises the Auctioneer to charge that credit card in part or in full for payment, including all fees, for all items purchased in the auction by the bidder via the- saleroom.com and the bidder confirms that he/she is authorised to provide those credit card details and that the Auctioneer is authorised to ship all lots so purchased to the named cardholder at the address provided. h. Any lots purchased via the-saleroom.com live auction service will be subject to an additional commission charge of 3.6% inclusive on the hammer price. i. The buyer of each lot shall be the person making the highest bid which is acceptable to the Auctioneer. In the event of an equal maximum bid for any lot between the saleroom and a commission bid and/or a bid via the- saleroom.com, the bid in the saleroom will take preference. In the event of two or more commission bids being equal, the first one received takes preference. j. Estimated values of lots are provided as a guide as to what price the lot may attain, based on previous auction results and the Auctioneer's knowledge of the prevailing market and are indications provided in good faith but as statements of opinion rather than facts. k. Lots will be sold in numerical order (unless otherwise stated) at a likely rate of between 100 and 120 lots per hour. l. The Auctioneer will arrange packing and posting if required and subject to quotation. All items are sent by Special Delivery with insurance and the cost will be minimum £10 for small items. Larger items and overseas shipping will cost considerably more. The Auctioneer aims to ship within 5 working days of receipt of cleared payment but very large or heavy items will only be shipped at the Auctioneer's discretion and may be subject to extended lead times for delivery. Great care will be taken with the packing of lots but no responsibility can be accepted by the Auctioneer for any loss or damage howsoever arising. Safe transit of purchases by hand, post, courier or shipper is at the sole risk of the purchaser. Buyers wishing to collect their purchases can collect by prior arrangement from our office in Crawley, Sussex.