Wellington Auctions Vendors Terms and
If you would like to discuss consignments
with us, please contact us at
1) Confirmation of ownership - The vendor
confirms that they are the true owner of the property being offered
for sale, and that they are not liable to any third party in respect
of said goods. The vendor must also confirm that he is willing to
accept any liability in respect of this clause being broken.
2) Reserves - The vendor is free to place prior to auction a
figure at wich they are not willing to sell for less, this constitutes
the reserve (We are always willing to assist potential vendors in
finding the right reserve for their items(s)) Wellington Auctions,
shall not change this figure without the express consent of the
3) Fees - Wellington Auctions is free to rescind any sale in
respect of the vendor, if the item is returned by the buyer if the
claim is justified.
4) Returned items - Wellington Auctions is free to rescind
any sale in respect of the vendor, if the item is returned by the
buyer if the claim is justified.
5) Payment of sale proceeds - Cheques will be posted to
Vendors 31 days after the close of the auction, except in the case of
invoices not being paid, any outstanding invoices will be settled up
to a maximum of 60 days at which point, the sale is nullified. If
Wellington Auctions shall pay out the vendor on an item which has not
been paid for after 60 days, ownership of said item will transfer to
6) Withdrawn Lots - The vendor shall pay a 20% commission on
any lots withdraw prior to sale, except where additional info on the
item has come to light (proof of this may be required) which makes it
prudent to withdraw the lot.
7) Photographs. Wellington Auctions is free to use any
photographs which it takes or is supplied with for any items that we
offer for sale, whether in connection with the auction or not.
Vendors Commission is 12.5%. We are prepared to negotiate our rates
for regular vendors, or items/collections of high value.