Terms & Conditions


Conditions of Business

All lots are offered subject to Graham Budd Auctions Ltd's Conditions of Business which can be viewed in full at our website www.grahambuddauctions.co.uk

The Auction

The auction is being conduct as a live stream broadcast.

Conduct of the Auction

The auctioneer will commence the bidding and advance the bidding in such increments as he considers appropriate. The contract between the buyer and the seller is concluded on the striking of the auctioneer's hammer. The auctioneer shall have discretion to refuse bids, withdraw or re-offer for lots for sale (including after the fall of the hammer) if he believes that there may have been an error or dispute, and may also take such other action as he reasonably deems necessary. Title in a lot will not pass to the buyer until Graham Budd Auctions has received the purchase price in cleared funds. Remedies for non-payment are stated in our Conditions of Business which can be viewed in full at our website www.grahambuddauctions.co.uk

Pre-Sale Viewing

We are offering pre-sale viewing of lots at our Wellingborough premises. This is strictly by a pre-arranged timed appointment to be requested by email. Staff and visitors are required to wear masks. The last opportunity to view lots at our premises is Tuesday 30th November.

Condition Reports

Any requests for condition reports or additional photographs must be received by email by Monday 29th November.

Absentee Bidding

If you are unable or do not wish to bid live on the auction day, the Saleroom bidding platform accepts absentee bids. You will be required to declare your maximum limit, but the auctioneer will try and achieve the most inexpensive price for you subject always to the reserve price and competition from other bidders.

Telephone Bidding

As an alternative, there will be a telephone bidding service for the auction. Contact the auctioneer directly.

Buyer’s Premium and VAT

The final selling bid at auction is known as the ‘hammer price'. For bidders who have registered for the sale directly at Graham Budd Auctions, including for Live Internet Bidding, a buyers premium of 20.5% of the hammer price will be charged. Bidders who registered directly at thesaleroom.com will be charged a 4.95% Internet bidders surcharge. Both the buyer’s premium and the internet surcharge are subject to VAT at the current rate of 20%.

An example for a lot purchased at £100 hammer for buyers who registered directly at Graham Budd Auctions, including for Live internet bidding, would be as follows:

£100 hammer
£20.50 Buyer’s Premium
£4.10 VAT (20% of £20.50)


An example for a lot purchased at £100 hammer for buyers who registered directly at thesaleroom.com would be as follows:

£100 hammer
£20.50 Buyer’s Premium
£4.95 Internet Surcharge
£5.09 VAT (20% of £25.45)


VAT in respect of non-UK buyers

Buyers from outside of the UK, including EU countries, are not required to pay VAT on their purchases on condition that the goods are being shipped overseas and will not remain in the United Kingdom. Under these circumstances buyers will receive an export invoice which will not contain any VAT element.

An example for a lot purchased at £100 hammer for buyers who registered directly at Graham Budd Auctions would be as follows:

£100 hammer
£20.50 Buyer’s Premium


An example for a lot purchased at £100 hammer to a non-UK buyer who registered directly at thesaleroom.com would be as follows:

£100 hammer
£20.50 Buyer’s Premium
£4.95 Internet Surcharge



Every lot in the auction has a published low and high estimate. Estimates are published as a guide only. The final hammer price of a lot may be higher of lower than the range of figures given and there are no predetermined starting bids. The published estimates are exclusive of buyer’s premium. Every lot in the auction is subject to a reserve price which is a confidential agreement between the seller and the auctioneer. The reserve price is never set higher than the published low estimate but can be set below it.


The auction is held in the UK and will be conducted in British Pounds Sterling.


Payment is due in sterling and before any property can be released. The day after the auction concludes, successful buyers will be invoiced by email.

When registering for the auction you will have been required to leave credit or debit card details. Please note, although we are authorised to do so, we will not automatically charge the card after the auction as you may wish to use an alternative method or payment. See below:

Graham Budd Auctions accept the following methods of payment:


Barclays Bank PLC, 212 Regent Street, London, W1A 4BP
Sort Code: 20-71-74
Account: 60420255
Account Name: Graham Budd Auctions Ltd


IBAN number: GB64BARC20717460420255


*** Important Online Fraud Notice *** Graham Budd Auctions will never instruct you to send money other than to the bank details above. If you receive any communication in respect of payment that you consider suspicious always contact the auctioneer by telephone (not email) for authentication.


If you are a registered account holder at www.grahambuddauctions.co.uk you can pay safely and securely online and free with a Visa or Mastercard. Please quote the ‘Buyer Number’ printed on your invoice as the reference.


At auction registration at the-saleroom.com you will have registered a credit or debit card. Although you have authorised us to use this card we will not do so automatically. However, if you do wish to pay on the registered card please instruct the auctioneer accordingly. Alternatively you may wish to use a different card to the one registered. Card payments can be made directly with the auctioneer by telephone with Visa, Mastercard or Amex.

*** Important Online Fraud Notice *** To avoid possible compromise, never email your card details to the auctioneer.


Our Paypal email is gb@grahambuddauctions.co.uk


Drawn on a recognised UK bank of building society. Please note we require 7 days to clear a cheque before the release of the purchase can be authorised


On receipt of cleared funds, lots can be collected from our storage facility in Wellingborough. Please contact the auctioneer for the full details and to make a timed appointment. Alternatively, we can organise packing for postage and shipment on a worldwide basis. Please contact us for a quote. On occasions due to high value, complicated customs arrangements or for the need of highly specialised packing, we will recommend a third-party professional packer and shipper.


GBA will use information supplied by bidders or otherwise obtained lawfully by GBA for the provision of auction related services, client administration, marketing and as otherwise required by law. By agreeing to these Conditions of Business, the bidder agrees to the processing of their personal information and to the disclosure of such information to third parties world-wide for the purposes outlined in the above service provisions, and to the seller solely in the event on non-payment.


a) All images of lots, catalogue descriptions and all other materials produced by GBA are the copyright of GBA.

b) Graham Budd Auctions’ Conditions of Business shall be interpreted in accordance with English Law, under the exclusive jurisdiction of the English Courts, in favour of GBA.