Terms of Sale

All lots are offered subject to Morton & Eden Ltd’s Conditions of Business and to reserves.

Estimates are published as a guide only and are subject to review. The hammer price of a lot may well be higher or lower than the range of figures given and there are no fixed starting prices.

A Buyer’s Premium of 20% is applicable to all lots in this sale and is subject to VAT at the standard rate (currently 20%). Unless otherwise indicated, lots are offered for sale under the Auctioneer’s Margin Scheme.

‡ Lots marked with a double dagger symbol have been imported from outside the European Union (EU) to be sold at auction under Temporary Admission Rules. When released to buyers within the EU, the buyer becomes the importer and must pay import VAT (currently 5%) on the hammer price.

g Lots marked with the letter g qualify as Investment Gold as defined by H.M. Customs & Excise. Whilst invoice totals for such lots will be of equivalent value to those for lots sold under the Auctioneer’s Margin Scheme, the VAT on the Buyer’s Premium will be itemized separately.

VAT may be refunded to buyers from outside the EU under certain circumstances and if satisfactory evidence of export is produced within three months of the date of sale.

Morton & Eden Ltd can obtain quotations for the shipping of purchases and assist in applying for export licences. However, buyers are reminded that it is their responsibility to comply with UK export regulations and with any local import requirements.

Morton & Eden Ltd will be pleased to execute bids on behalf of those clients unable to attend the sale in person, subject to our Conditions of Business. Lots will always be purchased as cheaply as possible, depending on any other bids and reserves. This service is offered free of charge.

Written bids should be submitted before 6pm on the day prior to the sale.









Payment Instructions

Payment must be made in pounds sterling and is due at the conclusion of the sale and before purchases can be released.

Bank Transfers (recommended):
Please quote your name and invoice number with the instructions to your bank.

Cheques and banker’s drafts should be drawn on a UK bank. We require seven days to clear cheques unless special arrangements have been made in advance of the sale.

Please note foreign cheques will not be accepted.

Sterling Cash. Subject to statutory limits.