Conditions of Sale
In our Antiques and Fine Art sales vendors commission is 10% and for our Collectors and Household sales vendors commission is 15%. A minimum commission of £1 plus VAT is charged per lot.
In our Specialist saes, professional photography is included in our commission, however we do pass on a charge of £2 per lot from the-saleroom.com, in order that your items can be viewed worldwide. For higher value items which we decide to illustrate in the paper catalogue there is a further charge of £8.
We charge 1% insurance on each lot, to ensure that your property is properly protected.
In our specialist sales, vendors commission is 10% plus VAT on that commission, equalling 12% in all. For our household sale, vendors commission is 15% plus VAT, equalling approximately 18%
There may be additional charges for restoration, framing of paintings, shipping, storage, custom duties and import tax, if appropriate. These charges will only be made, however, if you have agreed to them beforehand.
If you have used a carrier to transport goods to the saleroom, in most cases, the carrier’s fee will be deducted from the eventual hammer price, unless you choose to pay before hand. We will discuss this with you before the sale.
David Lay bears all the normal costs of advertising. In some cases, however, you may believe there is a need for additional promotion. If this is the case, we will discuss the matter in detail with you before deciding how to proceed.