Company Profile EDLINS AUCTIONSedlins.com.au/Vendors_Conditions-2018.pdfBanknotes, Stamps &...
Transcript of Company Profile EDLINS AUCTIONSedlins.com.au/Vendors_Conditions-2018.pdfBanknotes, Stamps &...
Company Profile
Edlins is a family business that was established in 1976. We are a household name in collecting circles in Australia and the company is well known overseas from our regular buying and selling trips to Europe, North America and Asia. We are proud to be members of the Australian Numismatic Dealers Association, the Australasian Philatelic Traders Association and the Stamp and Coin Dealers Association Australia. Edlins is mostly well known nationally and internationally as an Auction House and in 2014 we held our benchmark 200th public and postal Auction. In addition, to Auctions, Edlins has been servicing the Canberra collector market for 41 years with the National capitals largest range of stamps, coins and collectors accessories, and now a major supplier of medal ribbons, quality replica medals and medal mounting accessories. Edlins has continued to grow with an expansion into regional NSW with the addition of our new Yass premises which handles our esales side of the business.
Frequently Asked Questions
When will you hear from us ? After consigning material with us for Auction we will write up and describe your goods. Approximately 3 to 4 weeks prior to the Auction, a catalogue and a statement of your lots will be sent to you. When will I get Paid ? A final Vendor Statement and cheque are mailed out to Vendors approximately 30 working days after the Auction so you will receive payment about 6 weeks after the actual Auction date. What happens if some of my lots do not sell ? Any lots not sold will usually be offered at the next Auction at a reduced Estimate and Reserve. If you have any unsold lots we will contact you to discuss your preferences.
EDLINS AUCTIONS
We urgently require your Quality Coins, Banknotes, Stamps & Collectables
We run regular public and postal Auctions in the heart of Canberra. Call in and visit our Auction Rooms at 53 Alinga Street Canberra or our Yass
Branch at 157 Comur Street Yass
Whether you are buying or selling talk to our experienced and helpful team today
FUTURE AUCTIONS
Auction Number 215 24 February 2018
Vendor Material required by 12 January 2018
Auction Number 216
19 May 2018 Vendor Material required by
6 April 2018
Auction Number 217 21 July 2018
Vendor Material required by 15 June 2018
Auction Number 218
20 October 2018 Vendor Material required by
7 September 2018
EDLINS AUCTIONS
Traders and Auctioneers of Quality Coins, Banknotes, Stamps Medals & Collectables
53 Alinga Street Canberra City
ACT 2601 (Next to GPO)
157 Comur Street Yass NSW 2582
GPO Box 289 Canberra ACT 2601
Phone: 02 62487859 Fax: 02 62487553 Email: [email protected]
ABN 62 796 631 669
www.edlins.com.au
VENDOR AUCTION CONDITIONS
TERMS AND CONDITIONS OF CONTRACT BETWEEN EDLINS OF CANBERRA (the Auctioneer) and; Name:________________________________________ (the vendor) Address:______________________________________ __________________________Post Code___________ Phone: _______________________________________ 1. The vendor will pay to the auctioneer:
(a) $5.50 (including GST) per lot, handling and lotting charge (b) 2.2% (including GST) of the total estimated value of the property to cover insurance (c) 16.5% (including GST) Commission on the price realised at Auction
2. In respect of any lot withdrawn from sale after being consigned the vendor will pay commission at 16.5% (including GST) of the auctioneer's estimate of the sale price. 3. In the event of property, on which a vendor has stipulated a reserve and this material is not sold then the vendor will pay commission thereon at the rate of 16.5% (including GST) calculated on the reserve price. This condition does not apply if Edlins set the reserve prices which are normally 60% of the estimated value. 4. The auctioneer does not accept any liability for any loss or damage whatsoever which may occur because of inefficient or poor mounting of the property when received from the owner.
5. The auctioneer will account to the vendor for the sale price of the property approximately 30 working days after the sale. 6. Every lot in the auction is subject to the standard terms and conditions of philatelic and numismatic auctions. 7. The vendor will receive a copy of the sale catalogue together with a statement of his/her lots. Vendor's property is covered by insurance for loss or damage while under the control of the auctioneer. 8. The vendor warrants that they have authority to enter into this agreement and that the material being submitted is his/her unencumbered property. 9. This agreement may be terminated by 60 days notice in writing. 10. The reserve price will be 60% of the estimate unless otherwise agreed to. 11. Prospective purchasers are permitted to inspect the material being offered for Auction under the supervision of Edlins' staff. 12. The property will be advertised at the auctioneer's discretion. 13. The buyers of all lots in the auction pay a 19.25% (including GST) charge. Note: This charge is a standard charge made by most auction houses and is paid by the purchaser not the seller. 14. Vendor’s material must total more than $500 in value in order to be accepted for auction. I/We agree to the foregoing conditions for sale by public auction.
______________________
(the vendor) Signed Vendor/s
VENDOR INSTRUCTIONS Vendor Goods Received for inclusion in; Auction Number :______________ Auction Date :_________________ Lotting Fee : $5.50 per lot (including GST) Commission Rate : 16.5% (including GST) Insurance : 2.2% (including GST)
If Lots are Unsold
Reduce Estimate & Reserve by 20% and submit to next Sale : Yes :_____ No :_____ Return to Vendor : Yes :_____ No :_____ Please contact me : Yes :_____ No: ______