Melanie Wright study - The Suffolk Punch at Castle House, Dedham, 29cm x 39cm unframed
Sold for £400
Auction: Munnings Art Museum Fundraising Online Timed Sale, ending Wed, 24th Nov 2021
Online timed auction sale, bidding finishes at 9pm on Wednesday 24th November. The sale comprises works from The Munnings Art Museum, Romani Camp Plein Air Painting Event
FEES : Please note that if you bid on this timed online auction, there will be no additional charges
Presale viewing strictly by appointment. Please contact the office on 01206 754754 to book
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2. The highest bidder acceptable to the Auctioneer shall be the buyer but if any dispute arises during or immediately after the sale of the lot, the lot may be put up again immediately at the absolute discretion of the Auctioneer.
3. The Auctioneer has the right at his absolute discretion to refuse any bid and to advance the bidding as he may decide.
4. The purchase price payable by the buyer shall be the aggregate of the final bid and a premium of 20% of the final bid together with any V.A.T. chargeable on the final bid and such premium. The ‘final bid’ means the price at which the lot is knocked down to the buyer.
5. The buyers to give in their names and addresses (if required) and to pay a deposit of 25% in part payment of the purchase money; in default the lot or lots purchased by them to be at the disposal of the Auctioneers. The remainder of the buyer’s money to be paid before delivery. The contract of sale is to be deemed in all cases as made exclusively with the Auctioneers and the payment is to be made to them or the Clerk only.
6. Each and every lot shall immediately at the fall of the hammer to be considered as delivered and be and remain in every aspect at the absolute risk of the prospective buyer(s) thereof and shall be taken with all faults and errors of description, whether as to quality, condition, material, date, artist or origin and no allowance shall be made in respect of any error, misdescription or imperfection. No warranty is given or is to be implied by the description in this catalogue.
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12. Upon failure to comply with the above conditions, the money deposited shall be forfeited and the lots uncleared within the time aforesaid shall be re-sold either by public sale or private contract and the deficiency (if any) upon such second sale together with all charges attending same shall be made good by the defaulter of the present sale. Any surplus that may arise there from shall not be recovered by the defaulter.
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17. Withdrawn lots & Increasing reserves. The seller may not withdraw a lot from the sale or increase a reserve on a lot without the Auctioneers consent. If a seller withdraws a lot or increases the reserve, the Auctioneers reserve the right to charge a fee equal to 10% (plus V.A.T.) of the lower estimate or reserve price (minimum fee £10 plus V.A.T.).
18. Artist’s Resale Right. Owing to recent legislation, we have an obligation to collect a Royalty tax on behalf of living artists. It is based on a percentage of the amount their works sell for at auction above 1,000 Euros (4% from 1,000 – 50,000 Euros). Buyers will be charged this levy in addition to the usual buyer’s premium. Further details available on request. Liable lots will be marked with * in the catalogue.
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