14
ROLEX GMT-MASTER II *BRUCE WAYNE* (OCTOBER 2024 - NEW / UNWORN) *40MM OYSTER STEEL SPORTS MODEL*
1/16
Auctioneer has chosen not to publish the price of this lot
Market Harborough, Leicestershire
Description
ROLEX GMT-MASTER II *BRUCE WAYNE*
MATERIAL: OYSTER STEEL
SIZE: 40MM
DIAL: BLACK DIAL
BEZEL: BLACK & GREY *ALL NEW 2024 RELEASE*
** OCTOBER 2024 MODEL** (NEW / UNWORN)
MODEL ID: 126710GRNR
***COMPLETE SET***
***GENUINE CERTIFIED ROLEX - BUY WITH CONFIDENCE***
** ALL NEW OCTOBER 2024 MODEL **
ORIGINAL BOX & PAPERWORK (PRESENT)
OPERATING INSTRUCTION BOOKLET (PRESENT)
ORIGINAL WARRANTY CARD (PRESENT)
COMES WITH 5 YEARS COMPLIMENTRY 'ROLEX' WARRANTY.
GET YOUR HANDS ON ONE OF ROLEX'S MOST SOUGHT AFTER TIME PIECES !!!
BEAT THE EVER GROWING WAITING LIST !!!
A FANTASTIC INVEST TIMEPIECE !!!
In connection with the world
The Oyster Perpetual GMT-Master II in Oystersteel with a black dial and an Oyster bracelet.
24-Hour Rotatable Bezel
Innovative high-technology
This model features a black dial and a two-colour Cerachrom bezel insert in grey and black ceramic. In addition to conventional hour, minute and seconds hands, the GMT-Master II features an arrow-tipped hand, which circles the dial once every 24 hours, as well as a bidirectional rotatable 24-hour graduated bezel.
The distinctively coloured 24-hour hand displays the “home” reference time in a first time zone which can be read on the graduations on the bezel. The traveller’s local time is easily set by “jumping” from hour to hour, thanks to an ingenious mechanism operated via the winding crown: the hour hand can be adjusted forwards or backwards independently of the minute and seconds hands. This allows travellers to adapt to their new time zone without affecting the precision of their timekeeping.
Black dial
High legibility in all circumstances
The black lacquer dial bears the inscription ‘GMT-Master II’ in green. This colour also features on the 24-hour hand.
Like all Rolex Professional watches, the GMT-Master II offers exceptional legibility in all circumstances, and especially in the dark, thanks to its Chromalight display. The broad hands and hour markers in simple shapes – triangles, circles, rectangles – are filled with a luminescent material emitting a long-lasting glow.
Oystersteel
Highly resistant to corrosion
Rolex uses Oystersteel for its steel watch cases. Specially developed by the brand, Oystersteel belongs to the 904L steel family, alloys most commonly used in high-technology and in the aerospace and chemical industries, where maximum resistance to corrosion is essential.
Oystersteel is extremely resistant, offers an exceptional finish once polished and maintains its beauty even in the harshest environments.
The Oyster bracelet
Alchemy of form and function
The Oyster bracelet is a perfect alchemy of form and function, aesthetics and technology, designed to be both robust and comfortable. It is equipped with an Oysterlock folding clasp, which prevents accidental opening and the Easylink comfort extension link, also exclusive to Rolex.
This ingenious system allows the wearer to increase the bracelet length by approximately 5 mm, providing additional comfort in any circumstance.
Auctioneers Notes :
Adminastration Fee of £389 +VAT Is Applicable To This Lot
Delivery: Available Upon Request (Subject To Cost)
Collection From: Leicestershire (By Appointment Only)
Accepted Payment Method: Bank Transfer Only (No Cash or Card Payments)
Payment Deadline: 5pm wednesday 13th of November 2024 (Subject to change if 'Reserve Met' or 'Bid Accepted' prior to end of sale, Payment deadline will alter to 5pm the following day (If you are unable to abide by these payment terms, Do Not Bid
Late Payment: Will Result In Receiving Late Payment Fees, Chargable At A Daily Rate Of 5% +VAT Of The Total Payable Invoice
All Potential Bidders Should Make Thereselves Aware Of Buyers Premium / VAT Charges, Please Refer To 'Additional Fees
Auction Details
Shipping
T&Cs & Important Info
Ask seller a question
ROLEX GMT-MASTER II *BRUCE WAYNE*
MATERIAL: OYSTER STEEL
SIZE: 40MM
DIAL: BLACK DIAL
BEZEL: BLACK & GREY *ALL NEW 2024 RELEASE*
** OCTOBER 2024 MODEL** (NEW / UNWORN)
MODEL ID: 126710GRNR
***COMPLETE SET***
***GENUINE CERTIFIED ROLEX - BUY WITH CONFIDENCE***
** ALL NEW OCTOBER 2024 MODEL **
ORIGINAL BOX & PAPERWORK (PRESENT)
OPERATING INSTRUCTION BOOKLET (PRESENT)
ORIGINAL WARRANTY CARD (PRESENT)
COMES WITH 5 YEARS COMPLIMENTRY 'ROLEX' WARRANTY.
GET YOUR HANDS ON ONE OF ROLEX'S MOST SOUGHT AFTER TIME PIECES !!!
BEAT THE EVER GROWING WAITING LIST !!!
A FANTASTIC INVEST TIMEPIECE !!!
In connection with the world
The Oyster Perpetual GMT-Master II in Oystersteel with a black dial and an Oyster bracelet.
24-Hour Rotatable Bezel
Innovative high-technology
This model features a black dial and a two-colour Cerachrom bezel insert in grey and black ceramic. In addition to conventional hour, minute and seconds hands, the GMT-Master II features an arrow-tipped hand, which circles the dial once every 24 hours, as well as a bidirectional rotatable 24-hour graduated bezel.
The distinctively coloured 24-hour hand displays the “home” reference time in a first time zone which can be read on the graduations on the bezel. The traveller’s local time is easily set by “jumping” from hour to hour, thanks to an ingenious mechanism operated via the winding crown: the hour hand can be adjusted forwards or backwards independently of the minute and seconds hands. This allows travellers to adapt to their new time zone without affecting the precision of their timekeeping.
Black dial
High legibility in all circumstances
The black lacquer dial bears the inscription ‘GMT-Master II’ in green. This colour also features on the 24-hour hand.
Like all Rolex Professional watches, the GMT-Master II offers exceptional legibility in all circumstances, and especially in the dark, thanks to its Chromalight display. The broad hands and hour markers in simple shapes – triangles, circles, rectangles – are filled with a luminescent material emitting a long-lasting glow.
Oystersteel
Highly resistant to corrosion
Rolex uses Oystersteel for its steel watch cases. Specially developed by the brand, Oystersteel belongs to the 904L steel family, alloys most commonly used in high-technology and in the aerospace and chemical industries, where maximum resistance to corrosion is essential.
Oystersteel is extremely resistant, offers an exceptional finish once polished and maintains its beauty even in the harshest environments.
The Oyster bracelet
Alchemy of form and function
The Oyster bracelet is a perfect alchemy of form and function, aesthetics and technology, designed to be both robust and comfortable. It is equipped with an Oysterlock folding clasp, which prevents accidental opening and the Easylink comfort extension link, also exclusive to Rolex.
This ingenious system allows the wearer to increase the bracelet length by approximately 5 mm, providing additional comfort in any circumstance.
Auctioneers Notes :
Adminastration Fee of £389 +VAT Is Applicable To This Lot
Delivery: Available Upon Request (Subject To Cost)
Collection From: Leicestershire (By Appointment Only)
Accepted Payment Method: Bank Transfer Only (No Cash or Card Payments)
Payment Deadline: 5pm wednesday 13th of November 2024 (Subject to change if 'Reserve Met' or 'Bid Accepted' prior to end of sale, Payment deadline will alter to 5pm the following day (If you are unable to abide by these payment terms, Do Not Bid
Late Payment: Will Result In Receiving Late Payment Fees, Chargable At A Daily Rate Of 5% +VAT Of The Total Payable Invoice
All Potential Bidders Should Make Thereselves Aware Of Buyers Premium / VAT Charges, Please Refer To 'Additional Fees
SELECTION OF * LUXURY WATCHES * ROLEX * LCV'S * 4X4'S * CARS @ EDWARDS & GERALD AUCTIONEERS
Ends from
Venue Address
Barking House
Farndon Road
Market Harborough
Leicestershire
LE16 9NP
United Kingdom
For Edwards & Gerald Auctioneers delivery information please telephone 01858 874024.
Important Information
Edwards & Gerald Auctioneers: Important Sale Information
Welcome to Edwards & Gerald. If you're considering participating in our ’Trade Only Auctions’ via iBidder.com & BidSpotter.co.uk, it's crucial to understand and agree to the full Terms & Conditions, including this Important Sale Information.
These terms are applicable to all lots listed, whether by auction or private treaty.
Please Read our Full Terms & Conditions as well as this Important Sale Information Carefully Before completing the Registration process and Bidding – the below is only a summary of some of the key points.
Trade Only Sales: Our sales are strictly for trade participants, meaning all consumer rules, regulations, and cooling-off periods do NOT apply. By bidding, you affirm your participation as a trade entity.
Registration and Bidding: Register via iBidder.com, or BidSpotter.co.uk. Full agreement to 'Terms & Conditions and Important Sale Information' is mandatory for participation. Account approval may be manual, based on purchase history.
Account Holder Responsibilities: As the account holder, you are liable for all bidding activity. All sales are trade only. In the event you are not a limited company, you must be a trader aged over 18, and a UK resident, and capable of completing purchases for any lots you win before auction end.
Lot Listing and Conditions: Lot Information & Item Summary’s are for guidance only. Edwards & Gerald strongly advise for all bidders to conduct their own due diligence on all aspects of lots of interest before bidding.
Viewing and Inspection: Strongly advised before bidding. Viewings and inspections are by appointment only and must precede any bid on the lot(s) of interest. We welcome assessments by professional bodies on behalf of bidders.
Binding Bids: Once you submit a Bid, it's final and cannot be retracted.
Winning and Provisional Bids: Winning or provisional acceptance of your bid leads to invoicing via email and Business WhatsApp Messenger (where available), with a specified payment deadline.
Payments: Strictly by Bank Transfer with specific payment deadlines.
No Cash / Debit or Credit Card, Finance, PayPal or any other method of payments are accepted.
Collection or Delivery: Post-payment, collections are strictly by appointment. Assistance with delivery arrangements is available, though charges apply.
Buyer's Premium Commission: All lots are subject to an additional Buyer's Premium Commission.
Administration Charge: All lots are subject to an administration charged at the rate of £189 +VAT.
VAT - Value Added Tax: All Lots & Charges are subject to VAT - Value Added Tax charged at the current U.K Rate of 20%, Including: Buyers Premium Commission, Special Conditions, Storage Charges, Late Payment Fees & Administration Charges.
Some Lots may be free from VAT - Value Added Tax, which means that lot will be sold “Margin VAT”
Storage: A daily storage fee of £50.00 plus VAT is charged starting from three days after an item is won, applicable every day including weekends and holidays. These fees are levied per individual lot. Before any lot can be collected or delivered, all storage fees must be paid in full. The auctioneer may choose to re-auction uncollected lots to recover unpaid storage fees. Uncollected lots are immediately placed into storage with charges accruing from day one. If a lot remains uncollected for three months after the date of purchase, it is considered abandoned unless a written agreement states otherwise.
Important Notices
Late Payments Fees: In the event of payment not being received in full before the payment deadline, A chargeable daily Late Payment Fee of 5% Subject to VAT will be applied across the Total Invoice Figure, Including weekends and Bank Holidays.
Be Advised, Should any invoice become overdue, Late Payment Fees will be applicable, As well as Storage Charges becoming chargeable from the date of purchase.
Cancellations: Cancellations are not generally allowed. In the event they are, at the auctioneers sole discretion, they will incur fees, and these will include cancellation fee (equal to Buyer's Premium Commission) re-auction fee, and administration fee.
Final Reminders: By participating, you acknowledge and accept our Terms & Conditions in full, including this Important Sale Information. Non-compliance or misunderstanding of these terms does not absolve you from the commitments made by Registering and bidding.
For complete terms, additional information, or to address any queries, please visit our website or reach out to us directly. We wish you a successful and informed bidding experience at Edwards & Gerald Auctioneers.
Terms & Conditions
The ‘Account Holder’ may also be requested by Edwards & Gerald Auctioneers to complete an ‘AplyiD’ BioMetric Identity Check, Where the ‘Account Holder’ will need to provide Photo ID & supply a Live Video to confirm their identity.
(1.1) How to Bid
First you will need to register for the ’Trade Only Sale’ that you would like to participate in, Then you will be required to agree to all of the ’Important Information / Terms & Conditions’ (Depending on your purchase history, Your ‘Buyers Account’ may need to be manually approved by the ‘Auctioneer’ – Should this be the case the ‘Account Holder’ may need to contact the ‘Auctioneer’ directly to seek bidding approval by calling: 01858 874024
*PLEASE NOTE*
The ‘Auctioneer’ may require additional information to be supplied in order to verify the ‘Account Holder’ to be approved for bidding.
Once you’ve successfully registered and your account has been approved for bidding, You will be able to bid on all lots listed within that sale.
The ‘Account Holder’ should make themselves fully aware, When bidding on multiple lots within a sale, This is a commitment to conclude with any accepted bids.
(1.2) Bidding Online or Physical
All ‘Account Holders’ are able to bid online via EdwardsandGerald.co.uk , iBidder.com or Bidspotter.co.uk
All registered ‘Account Holders’ are also able to bid Physically by attending the ’Sales Address’
*PLEASE NOTE*
When placing any bid, A pop up message appears displaying & confirming:
Bids do not include VAT, buyer’s premium or delivery.
By confirming your bid, you agree that you have read and accepted bidspotter.co.uk and the auctioneer's terms and conditions. Confirming your bid is a legally binding obligation to purchase and pay for the lot should your bid be successful.
(2) Buyers Premium:
Each individual lot will carry a ‘Buyers Premium’ which ranges from 20-35% Applicable to the ‘Hammer Price’ – This will differ for each individual Lot, So it is the ‘Account Holders’ responsibility to refer to the ‘Additional Fees’ tab on each individual lot for clarification on the ‘Additional Fees’ which are applicable.
All ‘Buyers Premium’ charges are subject to VAT @ 20%.
(3) Administration Fee:
Each individual lot will carry an ‘Administration Fee’ - Charged @ £289 +VAT
(4) VAT Charges:
All lots will be subject to VAT @ 20% – Applicable to the ‘Hammer Price’ (Unless Otherwise Stated)
Various Lots may be sold with NO VAT Applicable, Please refer to the ‘Additional Fees’ tab where VAT will be displayed as (VAT / Sales Tax) as well as the ‘Item Description’ for clarification)
(4.1) VAT Refunds
Edwards & Gerald Auctioneers, Will offer VAT refunds to overseas buyers on any Lot(s) purchased.
However, This is subject to the ‘Account Holder’ providing proof of Export & Re-Registration via Email & Post.
The ‘Account Holder’ must also provide a full VAT Registration Number to be eligible to request such a refund.
Any VAT Number provided must be the VAT Number directly linked to the ‘Account Holder’ or Company details located on the buyers invoice.
All account details, Invoice details and Export Paperwork detail must match, there can be no amendments made to Accounts, Invoices or Paperwork once any Lot has been sold.
Correct documents must be provided within a 3 month period of the date of purchase shown on the ‘Account Holders’ invoice.
*PLEASE NOTE*
All overseas ‘Account Holders’ must pay any applicable ‘VAT Charges’ with no exceptions, But a ‘VAT Refund’ will be offered as addressed above.
‘VAT Refunds’ will only be issued under the ‘Auctioneers Discretion’
(5) Account Holder:
The ‘Account Holder’ is liable for all bidding activity when bidding either ‘Online’ or ‘Physically’
The ‘Account Holder’ is agreeing on their “Own or Companies” behalf to complete any purchases either by ‘Winning Bid(s) Submitted / Provisional Accepted Bids’ on Lot(s) they’ve bid on prior to the auction ending.
(5.1) Account Holder Consents
The ‘Account Holder’ is agreeing to be 18 years or older & a Full U.K Resident
*PLEASE NOTE*
Overseas ‘Account Holders’ may still be approved to bid on any sales, Subject to the ‘Auctioneers’ discretion.
The ‘Account Holder’ acknowledges that upon Registration approval, They will be given a unique ‘Buyers Account Number’
Example:
EdwardsandGeralg.co.uk: EDW12345
iBidder.com: IB12345
BidSpotter.co.uk: BS12345
The ‘Account Holder’ also gives Edwards & Gerald Auctioneers the authority to add / amend information to the ‘Buyers Account’ – Such as; Additional Contact Information, Company Information, Address Information Etc…
(6) Winning Bids:
If you have successfully won any Lot(s) within the sale, Your payable invoice will follow by both Email & Business WhatsApp Messenger (When Available)
All Lots purchased are subject to a set ‘Payment Deadline’ advised within the ‘Item Description’ – Please Refer to (10.1)
(6.1) Set Reserves
Once a Lot meets the set ‘Reserve’ – The Lot will be updated in both the ‘Item Headline’ & ‘Item Description’ as stating: *ON SALE / RESERVE MET* – See (3.1)
All Lots listed have a ’Set Reserve’ price, But do be advised Edwards & Gerald Auctioneers may be instructed by the ‘Vendor’ to lower or remove the ‘Set Reserve’ price on any Lot(s) at anytime during the sale.
(7) Provisional Bids
By bidding on any Lot(s) within the sale, All bids submitted are taken as ‘Provisional’ whether the reserve price has been met or not, As the ‘Account Holder’ you are agreeing that Edwards & Gerald Auctioneers will submit all ‘Maximum Bids’ to the Vendor(s) for consideration.
Should the Vendor(s) decide to accept your ‘Maximum Bid’ submitted, The ‘Account Holder’ will be notified within 24 hours by receiving your winning payable invoice with a set payment deadline. – Please Refer to (10.1)
*PLEASE NOTE*
When bidding on any Lot(s) you do not need to be the highest bidder to win the item, Edwards & Gerald Auctioneers reserve the right to submit all ‘Maximum Bids’ towards our Vendor(s) for consideration, Therefor all ‘Maximum Bids’ which the ‘Account Holder’ has submitted on single or multiple lots are valid for 24 Hours after the sale has ended.
(7.1) Vendor Bid Acceptance
Edwards & Gerald Auctioneers, Will contact Vendor(s) on the ‘Account Holders’ behalf with all ‘Maximum Bids’
This being said, Should the ‘Vendor’ wish to accept any ‘Maximum Bid’ submitted by ‘Account Holder’ – Any Lot(s) in question may possibly be ended prior to the end of auction if any ‘Maximum Bids’ have been accepted by the ‘Vendor’
*PLEASE NOTE*
If any Lot(s) have been ended early due to ‘Vendors’ bid acceptance, Any Lot(s) would be payable in full by 5pm the following day.
(7.2) Buy-it-Now:
Edwards & Gerald Auctioneers, Offer on certain Lots listed through EdwardsandGerald.co.uk, iBidder.com or BidSpotter.co.uk platforms – A “Buy-it-Now” option.
*PLEASE NOTE*
Buy-it-Now Lots will not include any applicable ‘Buyers Premium’ ‘Administration Fee’ or ‘VAT’ Charges unless otherwise stated – Please Refer to (2, 3 & 4)
(8) Bidding Times & Lot Removals:
(8.1) Lot Removal
Edwards & Gerald Auctioneers, Reserve the right to remove any Lot(s) listed within any sale at any given time, Without giving the ‘Account Holder’ prior notice.
(8.2) Lot End Times
Edwards & Gerald Auctioneers, Reserve the right to amend end times during ’Timed Auctions’
(8.3) 10 Minute Bidding Rule
When Lots are coming to a close, Should any other ‘Account Holder’ wish to bid on the Lot, The end time will be extended by 10 minutes (Auto generated)
*PLEASE NOTE*
This will keep occurring should another bid be placed on any Lot which has less that 10 minutes remaining.
(8.4) Removal of Bids
Removal of any Submitted Bid(s) placed by the ‘Account Holder’ is strictly not available under any circumstances, During or After the sale has ended.
Once the ‘Account Holder’ submits any bid whilst participating in any ‘Trade Only Sale’ in is binding and cannot be removed.
(9) Invoicing:
Once the sale for each individual Lot has ended, The ‘Account Holder’ will be invoiced in accordance to their accepted bids.
All payable invoices will be sent by both Email & Business WhatsApp Messenger (When Available)
When the ‘Account Holder’ has won multiple Lots, Edwards & Gerald Auctioneers will invoice all Lots purchased on a single invoice.
All lots purchased at the end of sale or upon ‘Vendors’ acceptance will be deemed as a single transaction.
*PLEASE NOTE*
Edwards & Gerald Auctioneers, Will invoice you The ‘Account Holder’ as follows:
Invoice ‘1 of 2’
This will be your initial invoice which will contain the Lot(s) which you’ve been invoiced for, Reference to the ‘Hammer Price’ and any applicable ‘VAT’ - As well as any ‘Administration Fees’
Invoice ‘2 of 2’
This will follow once invoice ‘1 of 2’ has been paid, This invoice will include the applicable ‘Buyers Premium’ charged (As per the ‘Additional Fees’ tab - See)
(9.1) Invoice Updates
Should the ‘Account Holder’ be bidding on multiple Lots within the sale, Edwards & Gerald Auctioneers may add any additional Lot(s) to the ‘Account Holders’ payable invoice.
*PLEASE NOTE*
All Lots which are payable by the ‘Account Holder’ are deemed as one transaction.
Any Lot(s) purchased will only be available for Collection / Delivery once the ‘Account Holders’ account statement has been cleared by Edwards & Gerald Auctioneers.
(10) Payments:
All payments are to be made by ‘Bank Transfer’ only (Within the set payment deadline – Please refer to 5.1)
Payment are to be made to:
Edwards & Gerald Auctioneers Ltd
HSBC Bank
Account Number: 65326443
Sort Code: 40 - 28 - 06
*PLEASE NOTE*
When making payment, Please use your invoice number as a payment reference.
As an Auction we DO NOT accept any Cash, Cheques or Card Payments of any kind.
(10.1) Payment Deadline
Edwards & Gerald Auctioneers, Set a payment deadline on all lots listed within the sale, Set payment deadlines for each individual lots will be listed in the ‘Item Description’
(10.2) Deposit Request
Edwards & Gerald Auctioneers, Reserve the right to request any ‘Account Holder’ for a deposit up to £2000 to be paid by bank transfer upon request, Which will either be deducted from any Lot(s) Purchased or Refunded by bank transfer within 3 working days.
The ‘Account Holder’ can also request that Edwards & Gerald Auctioneers retain any deposit for future Registrations or Purchases.
(10.3) Late Payments
Should the payment deadline be exceeded by the ‘Account Holder’ Edwards & Gerald will apply a 5% +VAT ‘Late Payment Fee’ onto the ‘Account Holders’ payable invoice.
*PLEASE NOTE*
This 5% +VAT ‘Late Payment Fee’ is charged at a daily rate, 7 Days a week. (Including Bank Holidays)
(11) Buyers Premium:
Each individual lot will carry a ‘Buyers Premium’ which ranges from 20-35% Applicable to the ‘Hammer Price’ – This will differ from lot to lot, So it is the ‘Account Holders’ repsonsibility to refer to the ‘Additional Fees’ tab on each individual lot for clarification on the ‘Additional Fees’ which are applicable.
All ‘Buyers Premium’ charges are subject to VAT @ 20%.
(12) Administration Fee:
Each individual lot will carry an ‘Administration Fee’ - Charged @ £289 +VAT
(13) VAT Charges:
All lots will be subject to VAT @ 20% – Applicable to the ‘Hammer Price’ (Unless Otherwise Stated)
Various Lots may be sold with NO VAT Applicable, Please refer to the ‘Additional Fees’ tab where VAT will be displayed as (VAT / Sales Tax) as well as the ‘Item Description’ for clarification)
(13.1) VAT Refunds
Edwards & Gerald Auctioneers, Will offer VAT refunds to overseas buyers on any Lot(s) purchased.
However, This is subject to the ‘Account Holder’ providing proof of Export & Re-Registration via Email & Post.
The ‘Account Holder’ must also provide a full VAT Registration Number to be eligible to request such a refund.
Any VAT Number provided must be the VAT Number directly linked to the ‘Account Holder’ or Company details located on the buyers invoice.
All account details, Invoice details and Export Paperwork detail must match, there can be no amendments made to Accounts, Invoices or Paperwork once any Lot has been sold.
Correct documents must be provided within a 3 month period of the date of purchase shown on the ‘Account Holders’ invoice.
*PLEASE NOTE*
All overseas ‘Account Holders’ must pay any applicable ‘VAT Charges’ with no exceptions, But a ‘VAT Refund’ will be offered as addressed above.
‘VAT Refunds’ will only be issued under the ‘Auctioneers Discretion’
(14) Cancellation:
Edwards & Gerald Auctioneers, May allow the ‘Account Holder’ to cancel any Lot(s) which their bid has been accepted on, However by opting to cancel any Lot(s) this would incur the following charges:
Cancellation Fee, Charged at the rate of the ‘Buyers Premium’ applicable to each Lot (As shown within the ‘Additional Fees’ Tab)
Re-Auction Fee: £150 +VAT
Administration Fee: £289 +VAT
*PLEASE NOTE*
Any Cancellation will fall solely to the ‘Auctioneers’ discretion, Should the Cancellation option not be provided then the ‘Account Holders’ Invoice for any deemed purchased lot(s) will be payable in line with the set payment deadline.
(15) Viewing & Inspection of Lots:
Edwards & Gerald Auctioneers, Welcome and strongly encourage Viewing & Inspection to all Lots listed within any ‘Trade Only Auction’ - This allows all potential buyers to fully satisfy themselves prior to bidding.
Edwards & Gerald Auctioneers allow and encourage any ‘Account Holder’ to organise their own AA, RAC or an Independent Specialist to Attend, View & Inspect any Lot(s) listed which the ‘Account Holder’ intends to submit a bid on.
As a ’Trade Only Auction’ we do not offer any grading system on any lot(s) listed within the sale, Which is why we welcome and strongly encourage Viewing & Inspections prior to bidding.
All Viewings & Inspection are by Strict Appointment Only
To arrange Viewing & Inspection please contact 01858 874024
*PLEASE NOTE*
Viewing is by strict appointment only, Viewing & Inspections must take place prior to the ‘Account Holder’ Registering and Bidding throughout any ’Trade Only Auction’ - Viewing & Inspections are strictly NOT available after this stage.
Edwards & Gerald Auctioneers will NOT accept any complaints of any defects or listing errors should the ‘Account Holder’ fail to comply with the Viewing & Inspection advice of the ‘Auctioneer’
(15.1) Lot Listings
Edwards & Gerald Auctioneers, Provide an ’Lot Description & Lot Listing’ on all lots listed throughout any ’Trade Only Sale’
This information including all of it’s content is for ‘Guidance Purposes Only’ and is not to be relied upon by the ‘Account Holder’
Edwards & Gerald Auctioneers strongly advise & encourage the ‘Account Holder’ to undergo their own investigations & due diligence on any lot(s) of interest.
Such As: V5 Status, Mileage, Condition, Warranty, Year of Manufacture, Service Records, Spare Keys, MOT History & Any Further Due Diligence..
*PLEASE NOTE*
Such investigations are to be carried out by the ‘Account Holder’ prior to bidding on any lot(s) of interest, Should such investigation take place after any bid(s) have been submitted, No complaints will be accepted and will be rejected by Edwards & Gerald Auctioneers and all bid(s) will remain valid to the ‘Account Holder’
(16) Running Condition:
(16.1) Runs and Drives
This means that the vehicle was in an operating condition at the point of photographing, This is not to be taken under any assurance that the vehicle is in a ‘Road Legal / Road Worthy’ condition and can be driven on a public highway.
Should Edwards & Gerald Auctioneers be aware of any known faults or defects to any Lot(s) operating condition this will be listed with our ‘Auctioneers Remarks’ – Please refer to (13)
(16.2) Non Runner
When any lot is being sold as a ‘Non Runner’ this will be listed within the ‘Auctioneers Notes’ as ‘Issues Unknown’– Please refer to (23)
Example: Vehicle won’t start, No Keys or Any other unknown issue – Edwards & Gerald Auctioneers do not carry out any inspections in such cases.
(17) Vehicle Documentation:
(17.1) V5c Log Book
All lots listed on a ’Trade Only Auction’ are deemed to NOT have the V5c Log Book present at the time of listing, Unless otherwise stated within the ‘Lot Listing’
*PLEASE NOTE*
If a V5c Log Book is not present, It would fall to the ‘Account Holder’ to apply for a New V5c Log Book directly from DVLA using a V62 Application Form
(17.2) Service Records
All lots listed on a ’Trade Only Auction’ are deemed to NOT have any Service Records present at the time of sale, Unless otherwise stated within the ‘Lot Listing’
*PLEASE NOTE*
It is for the ‘Account Holder’ to undergo their own due diligence regarding any service records, Which at times can result in Mileage Defects & Errors.
(17.3) Spare Key(s)
All lots listed on a ’Trade Only Auction’ are deemed to NOT have any Spare Key(s) present at the time of listing, Unless otherwise stated within the ‘Lot Listing’
*PLEASE NOTE*
Should any lot be listed with having any Spare Key(s) present at the time of listing, Be advised Edwards & Gerald Auctioneers do NOT test the functionality of any Spare Key(s)
(18) Recorded Mileage / Operating Hours:
All lots listed on a ’Trade Only Auction’ - Edwards & Gerald Auctions advise within the ‘Lot Listing’ of any displayed ‘Recorded Mileage / Operating Hours’
*PLEASE NOTE*
Edwards & Gerald Auctioneers strongly advise and encourage any ‘Account Holder’ to undergo their own due diligence on any ‘Recorded Mileage / Operating Hours’ displayed, As the ‘Auctioneer’ does NOT give any guarantee to any displayed ‘Recorded Mileage / Operating Hours’
(19) V Car Register:
Where it has been brought to the attention of Edwards & Gerald Auctioneers that any lot listed on a ‘Trade Only Auction’ has been involved in previous recorded accident damage, This will be listed within the ‘Auctioneers Notes’ and advised ‘Recorded On V Car Register’ – Please refer to (11)
V Car Register Summary:
CAT A: Scrap Only
CAT B: Braking Only
CAT C / S: Previous Structural Damage (Repairable)
CAT D / N: Previous Non Structural Damage (Repairable)
(20) MOT & Road Tax
(20.1) MOT Status
Edwards & Gerald Auctioneers will advise with any ‘Lot Listing’ if any Lot has a current Valid MOT.
(20.2) MOT History
Edwards & Gerald Auctioneers advise and strongly encourage for any ‘Account Holder’ to undergo their own due diligence regarding the MOT History of any Lot(s) which they intend to bid on within the ’Trade Only Auction’
*PLEASE NOTE*
Such due diligence is to be carried out by the ‘Account Holder’ prior to committing to bid on any Lot(s) of interest.
(20.3) Road Tax
No Lot will be sold with valid ‘Road Tax on any ’Trade Only Auction’ listed by Edwards & Gerald Auctioneers.
*PLEASE NOTE*
It would fall upon the ‘Account Holder’ to ensure any Lot(s) purchased are fully ‘Road Legal’ prior to Collection / Delivery.
(21) Lot Images & Videos:
Images of lots are listed by Edwards & Gerald Auctioneers for ‘Guidance Purposes Only’ and should not be relied upon to reflect the true condition of any Lot(s) listed throughout the ’Trade Only Auction’
Majority of Lot images will also include a ‘Watermark’ as well as high valued lots having 'Showroom Plates' with our Company Logo displayed.
Be advised, All images displayed within our catalogues our subject to copyright.
(21.1) Library Images
Edwards & Gerald Auctioneers, Reserve the right to display ‘Library Images’ on any Lot(s) listed within the ’Trade Only Auction’
Lots within a ’Trade Only Auction’ may be listed with ‘Library Images’ due to still being in transport, In this case ‘Library Images’ are for illustration purposes only.
*PLEASE NOTE*
Whilst Edwards & Gerald Auctioneers make every effort to provide accurate ‘Library Images’ to reflect any Lots(s) Make, Model & Specification - Any Bodywork Condition & Specification is NOT to be relied upon at any time whilst ‘Library Images’ are being used.
We strongly recommend the ‘Account Holder’ to fully satisfy themselves on any Lot(s) condition – Prior to bidding.
Where ‘Library Images’ are uploaded, This will be advised within the ‘Auctioneers remarks’ – Refer to (13)
(22) Registration Plates:
It falls to ‘Account Holder’ to undergo their own due diligence with any visible ‘Registration Plate’ which can be visibly seen within the ‘Lot Images’
*PLEASE NOTE*
Where ‘Library Images’ are used as mentioned in (21.1) – The vehicles correct registration number will be provided within the ‘Auctioneers Notes’
In some cases, registration plates may have ‘Showroom Plates’ using our Company Logo – If this is the case, Please contact Edwards & Gerald Auctioneers for clarification of the current registration number.
(22.1) Personal Registration Plates:
Some Lots will be listed showing a ‘Private Registration Number’
In such cases, It falls to the ‘Account Holder’ to undergo their own due diligence to seek if the ‘Private Registration Number’ is included within the sale, No ‘Private Registration Number’ is included within the sale unless otherwise stated.
(23) Auctioneers Notes:
Should there be any Issues, Discrepancies or use of ‘Library Images’ which Edwards & Gerald Auctioneers have been advised of, Such will be listed within the ‘Auctioneers Notes’ located within the ‘Item Description’
*PLEASE NOTE*
‘Auctioneers Notes’ are located at the bottom of each ‘Lot Description’
(24) Lot Collections:
Once the ‘Account Holder’ has cleared their account in full, All Lot(s) purchased will become available for Collection.
To Arrange Collection please contact our office on Telephone: 01858 874024
*PLEASE NOTE*
Collections are by strict appointment only, No Appointment means No Collection.
Upon Arrival, The Collector – Either the ‘Account Holder’ or appointed ’Third Party’ will require the following:
• Prior Arranged Appointment
• Copy of ‘PAID’ Invoice relating to Lot(s) being collected (Printed or Visible on Mobile Device)
• Hi-Visibility Jacket (Otherwise you’ll be asked to wait outside the collection compound and our staff will get any Lot(s) being collected released for you)
(25) Deliveries:
Edwards & Gerald Auctioneers, Can provide a delivery service upon request.
Contact our office on Telephone: 01858 874024
*PLEASE NOTE*
Delivery quotes cannot be supplied until the item is fully paid, We maybe able to provide an estimated quote for delivery, Estimates are liable to change due to logistics.
Lots which have been arranged for Delivery, Edwards & Gerald Auctioneers are not liable for any damages / defects during or after Delivery.
(26) Storage Charges:
Edwards & Gerald Auctioneers, Reserve the right to charge a daily ’Storage Fee’ of £50 +VAT (Charged 7 Days A Week, Including Bank Holidays)
This charge will be applicable 3 days after winning any item(s)
*PLEASE NOTE*
Storage is charged ‘Per Lot’
Storage Charges are to be settled prior to release of any Lot(s) for Collection / Delivery.
(26.1) Lots In Storage
Edwards & Gerald Auctioneers, Reserve the right to re-offer uncollected Lots to recover outstanding ‘Storage Charges’
*PLEASE NOTE*
Any Lot(s) which have been in ’Storage’ after 3 months will automatically be deemed ‘Abandoned’ by the ‘Account Holder’ unless otherwise agreed in writing.
(27) Vendors:
All Lots Listed can be entered from the following:
Private Owner, Trade Entry, Company Direct, Finance Company, Main Dealer, Finance Repossession, Salvage, Seized Goods Etc…
Edwards & Gerald Auctioneers, Can assure each ‘Account Holder’ that all of our ‘Vendors’ have been thoroughly vetted by ourselves and have surpassed all authenticity checks conducted.
(28) Refunds / Buy Backs / Renegotiations:
Edwards & Gerald Auctioneers & it’s ‘Vendors’ – Advise that there will be no Refunds, Buy Backs, Renegotiations or Contributions in full or partial if buyers should be dissatisfied with any Lot(s) purchased throughout the sale.
Please refer to (10) for Viewing & Inspection Terms, As well as (15) for any ‘Auctioneers Notes’
(29) Non Payment:
Should any ‘Account Holder’ not settle any outstanding payable invoice within the ‘Payment Deadline’ advised within the ‘Item Description’ & ‘Invoice’
Edwards & Gerald Auctioneers will have no other alternative but to apply for Court / CCJ / Bailiff Action on the ‘Account Holder’ as well as any linked associates or Limited Companies linked to the ‘Account Holder’ to recover the outstanding funds.
Edwards & Gerald Auctioneers, Reserve the right to issue such proceedings to recover all losses incurred by any sale not being completed, Edwards & Gerald Auctioneers would also apply for any Legal Fees, payable interest and any other costs that maybe incurred.
*PLEASE NOTE*
Edwards & Gerald Auctioneers, Would also apply for an immediate Statuary Demand against the ‘Account Holder’ and any linked ‘Business’ - Which may result in a lead to Bankruptcy.
(30) Buyers Account Block:
Edwards & Gerald Auctioneers, Reserve the right to temporally ‘Block’ any ‘Account Holder’ from any further bidding activity at any stage, Either Before, During or After any sale.
(31) Buyers Account Ban:
Edwards & Gerald Auctioneers, Reserve the right to have any ‘Account Holder’ permanently *BANNED* from any further bidding activity throughout EdwardsandGerald.co.uk, iBidder.com or BidSpotter.co.uk for non payment of invoice – Refer to (29)
(32) Important Information / Terms & Conditions:
Edwards & Gerald Auctioneers, Reserve the right to amend our ’Important Information / Terms & Conditions’ at any given time without notification to any ‘Account Holder’
*PLEASE NOTE*
Any returning ‘Account Holder’ should make themselves fully aware of any updated Important Information / Terms & Conditions.
