Search Tips

Keyword Search Tips

When entering keywords you can use the following techniques:

• Searches are not case sensitive so 'Somme' may be entered thus: 'somme'
• When entering search requests for abbreviations such as D.S.O. or R.B. always include punctuation and enclose in quotes thus: "d.s.o."
• Enclose phrases in quotes to avoid finding every instance of each word; so for Rifle Brigade type: "rifle brigade"
• You may refine your search by entering multiple criteria; so for Smith of the Rifle Brigade type: smith "rifle brigade"

Free Valuations

As one of the world’s leading numismatic auction houses, we can offer a wealth of experience in the valuation of this field including:

• Orders, Decorations, Medals and Militaria
• coins from Britain and across the World, Ancient Greek and Roman, Medieval and Islamic
• Artefacts and Antiquities
• Banknotes
• Tokens, Tickets and Passes
• Historical and Art Medals

Our free auction valuation service provides you with an easy and convenient way to take advantage of our many years of expertise in all these areas. The valuation will provide you with an estimate that our experts believe an item could make at auction, based on our knowledge of past, and current market trends and prices achieved for similar objects.

Insurance and probate valuations are also available on request, but there may be a charge for these services.

Introduction

Our UK based auctions take place in London, with regular sales in all of our specialisms, including many significant single owner collections. Our renowned catalogues present the widest range of material making our record-breaking auctions the finest in the UK market. If you are a buyer you may bid in person, bid live over the internet or leave commission bids for us to execute on your behalf.

Since 1991 we have staged over 250 auctions featuring all types of coins, tokens, medals, militaria, banknotes, jewellery, watches and objects of vertu.

In 2023 we launched our first auction in Singapore with Part 1 of The Frank Goon Reference Collection of British Malaya Banknotes.

Catalogue Previews

Our preview catalogues enable you to preview lots and add them to your cabinet as they are catalogued by our experts.

As with our published online catalogues, you can save any lots you are interested in to your cabinet.

Please note that these preview catalogues are a work-in-progress and as such all details are subject to change. As a result we do not accept bids for preview catalogues.

Published Catalogues

Our printed, colour catalogues are published approximately three weeks prior to each sale.

A fully illustrated version of the auction catalogue is also available on our website where customers can browse and search the lots on offer with the advantage of enlargeable, high quality digital images and, in some instances, videos.

CATALOGUE PURCHASES
Clients can purchase catalogues by selecting ‘Buy Printed Catalogue’ on the auction information page.

Viewing

Details of public viewing and viewing by appointment are published in the auction catalogue and, at this point, can also be viewed online on the relevant auction information page.

Bid Increments

Our bid increments for UK auctions are as follows:

£0 to £100 in £5 increments
£100 to £200 in £10 increments
£200 to £500 in £20 increments
£500 to £1,000 in £50 increments
£1,000 to £2,000 in £100 increments
£2,000 to £5,000 in £200 increments
£5,000 to £10,000 in £500 increments
£10,000 to £20,000 in £1,000 increments
£20,000 to £50,000 in £2,000 increments
£50,000 to £100,000 in £5,000 increments
£100,000 to £200,000 in £10,000 increments
£200,000 to £500,000 in £20,000 increments
£500,000 onwards in £50,000 increments

Our bid increments for Singapore auctions are as follows:




S$0 to S$100 in S$5 increments
S$100 to S$200 in S$10 increments
S$200 to S$500 in S$20 increments
S$500 to S$£1,000 in S$50 increments
S$1,000 to S$2,000 in S$100 increments
S$2,000 to S$5,000 in S$200 increments
S$5,000 to S$10,000 in S$500 increments
S$10,000 to S$20,000 in S$1,000 increments
S$20,000 to S$50,000 in S$2,000 increments
S$50,000 to S$100,000 in S$5,000 increments
S$100,000 to S$200,000 in S$10,000 increments
S$200,000 to S$500,000 in S$20,000 increments
S$500,000 onwards in S$50,000 increments


Bids of unusual amounts will be rounded down to the bid step below and will not take precedence over a similar bid.

Bidding in Advance

You can place advance bids by:

1. Using our website
Once a catalogue has been published, registered clients can place bids using our website (login required).

2. By email
You can submit your bids by email to bids@noonans.co.uk. Please see state your name, client code and the lot numbers and corresponding bids. We recommend that you request confirmation that your bids have been received before the start of the auction. Bids submitted in this way must be received before 16.00 ( local time for auction location) on the day prior to the auction.

‘+1’ Option On Advance Autobids

In the event that the bidding is against you when your Advance Autobid reaches the maximum, bids with the +1 option enabled will increase your bid to the next increment.

Paying for your Lots

Payment for all purchases at our UK auctions must be made in pounds sterling and purchases at our Singapore auctions must be paid in Singapore dollars.
Any credit held in your Noonans account in the UK cannot be used towards purchases in Singapore and vice versa.

If you are successful at one of our sales there are multiple ways you can pay for your lots:

1. Using our website:
Navigate to ‘Your Account’ > ‘Invoices’ using the main menu on our website. Select which invoice you would like to pay from the dropdown list. At the bottom of the invoice is a form which allows you to pay your invoice.

Please note card payments are subject to a surcharge of 3.4% (plus GST where applicable) for Singapore auctions. There is no charge for paying by card for UK auctions.

2. By Bank Transfer
Payments for Singapore auctions must be made to our Singapore dollar account.
Payments for UK auctions made be made to our pounds sterling account.

Full details of the relevant bank account will be included in your invoice and are also listed below. When making a bank transfer please quote your name, client code and auction date so that the transfer can be easily allocated to your account. Please also ensure that you pay all bank charges so that we receive the full sum due for your purchase.

UK Auctions
Payments in pounds sterling only to Noonans Mayfair Ltd:

Lloyds, Piccadilly London Branch, 39 Piccadilly, London, W1J 0AA
Sort Code: 30 96 64
Account Number: 00622865
IBAN: GB70LOYD30966400622865
Swift: LOYDGB2L
BIC: LOYDGB21085


Singapore Auctions
Payment in Singapore dollars only to Noonans Mayfair Ltd (Singapore Branch):
Lloyds, Piccadilly London Branch, 39 Piccadilly, London, W1J 0AA, United Kingdom
BIC: LOYDGB21085
SWIFT: LOYDGB2L
IBAN: GB93LOYD30966448009764
Account Number: 48009764

3. In person:
If you would prefer to pay in person for your UK auction purchases you can visit our Mayfair offices during normal working hours. You can collect your lots at the same time or we can post them to you.

For Singapore auctions, payment in person can only be made on the day after the auction at the Singapore auction venue. Cash payment is not accepted. Goods can also be collected at this venue on the day after the sale or subsequently by prior arrangement with our Singapore office.

Logging in to our Website

Logging in to our website allows you to place advance bids on lots in our forthcoming auctions, check your UK and Singapore account balances, check and renew your catalogue subscriptions, view your buying and selling results for all of our previous sales as well as a whole host of other features.

In order to log in you will need your email address and password.

1. Enter your email address into the field labelled ‘Email Address’. This is not case-sensitive so it does not matter whether you use upper or lower case.
2. Enter your password into the field labelled ‘Password’. By default your password is your Client Code. This can be changed once you have logged in.

If you continue to have problems logging in, please contact our technical support team (Help & Information > Technical Support in the menu) who will be able to assist you further.

Your Client Code

Your client code is the unique reference we have for you and should be quoted in all correspondence with us.

Your client code is a number between 3 and 6 digits long.

Examples of Client Codes:

Invalid: 4921 JONE
Valid: 4921

Invalid: W12345 JONE
Valid: 12345

Invalid: W56789
Valid: 56789

Advance Bids
It is recommended that advance (otherwise known as absentee or commission) bids are placed using our online advance bidding facility, which is available on our website at www.noonans.co.uk. Bids placed in this way cannot be seen by others and do not go live until the actual moment that the lot in question is being offered for sale. All bids can be easily altered or cancelled by the bidder prior to this point. An automated email will be sent confirming all bids and alterations.

A valid email address is required to bid online.

There is no additional charge for online bidding using the Noonans website.

Whilst we are still happy to execute all bids submitted in writing, it should be noted that bids left with us will be entered at our offices using the same bidding facility to which all our clients have access. There is, therefore, no better way of ensuring the accuracy of your bids than to execute them yourself online.

Whilst online bids can be placed up until the moment a lot is offered for sale, all other bids made to the office must be confirmed in writing or e-mail and should be received by 16:00 (local time for auction location) on the day prior to the sale. Although we will endeavour to execute late bids, Noonans Mayfair Ltd cannot accept responsibility for any bids received later than this.

If a bidder is unable to attend an auction or to bid live on the internet and wishes to book a telephone bid with Noonans, they must contact Noonans by 16:00 (local time for auction location) on the day prior to the sale to make arrangements to bid thus. Noonans cannot be held responsible in the event of connectivity issues, resulting in failure for the buyer to be able to bid.

Commission Form
Further advice to bidders and purchasers may be found on the commission form included with the catalogue. Please use this form when sending bids to us by post.

Buyers’ Premium
Our buyers’ premium is 24% on the hammer price.

For UK auctions this is subject to VAT If the lots are collected or delivered within the UK.

For Singapore auctions, the hammer price, buyers premium and other associated costs such as insurance, shipping and card surcharge, are all subject to GST.
Invoices can only be zero rated if the goods are exported using Noonans Mayfair Limited (Singapore Branch) nominated shippers within 60 days of the date of the auction.

Pre-sale Estimates
The pre-sale estimates are intended as a guide for prospective purchasers. Any bid between the listed figures would, in our opinion, offer a fair chance of success. However all lots, depending on the degree of competition, can realise prices either above or below the listed estimates.

New Clients
New clients must register online to bid (whether in person or in absentia) and any such registrations will only be accepted once due diligence has been completed to the satisfaction of Noonans.

Registration requests, together with auction house references and identification/proof of address as requested should be submitted as early as possible and certainly not later than one business day before the auction.

Whilst every endeavour is made to complete the registration process as quickly as possible, Noonans cannot be held responsible if it is not completed in time for a bid to be placed.

Noonans reserve the right to refuse any registration without explanation or to request a card pre authorisation prior to permitting a client to bid. Registrations will not be accepted from sanctioned countries.

Methods of Payment - UK Auctions
All payments must be made in pounds sterling within five days of the end of a sale unless credit terms have been made by prior arrangement.

Our preferred methods of payment area:

1. By credit or debit cards via our website www.noonans.co.uk. There is no additional charge for paying by card for purchases made in our UK auctions. Carriage and insurance is pre-calculated for you so that you may pay immediately.

2. By bank transfer to Noonans Mayfair Ltd Pounds Sterling account at:
Lloyds, Piccadilly London Branch, 39 Piccadilly, London, W1J 0AA
Sort Code: 30 96 64
Account Number: 00622865
IBAN: GB70LOYD30966400622865
Swift: LOYDGB2L
BIC: LOYDGB21085


Please include your surname, client code and auction date with the instructions to the bank and ensure that all bank charges are paid so we receive the full amount due.

Please note:
- We will not accept cash payments in excess of £5000 (five thousand pounds) in settlement for purchases made at any one auction.
- Although personal and company cheques payable to Noonans Mayfair Ltd are accepted, buyers are advised that property will not be released until such cheques have fully cleared which may take two weeks.
- Third party payment is not accepted except by prior arrangement.
- Cardholder not present transactions will only be accepted when successfully completed through our online payment platform.
- Clients may be required to pay by bank transfer for their first purchase or at other times at the sole discretion of Noonans.

Purchases will be despatched as soon as possible upon full payment in pounds sterling for the lots you have bought. Carriage will be at the buyer’s expense. Estimates and advice on all methods of despatch can be provided upon request.

Loss and damage warranty cover at the rate of 1.5% will be arranged unless otherwise specified and will be added to the carriage charge for non-UK deliveries.

Goods can only be shipped to the address provided to and verified by Noonans at the time of registration.

Methods of Payment - Singapore Auctions
All payments must be made in Singapore dollars within five days of the end of the sale.

Our preferred methods of payment are:

1. By credit or debit card via our website www.noonans.co.uk.
Please note card payments for our Singapore auctions are subject to a surcharge of 3.4% (plus GST where applicable).

2. By bank transfer to Noonans Mayfair Ltd (Singapore Branch) Singapore Dollar account:

Lloyds, Piccadilly London Branch, 39 Piccadilly, London, W1J 0AA, United Kingdom
BIC: LOYDGB21085
SWIFT: LOYDGB2L
IBAN: GB93LOYD30966448009764
Account Number: 48009764

Please include your surname, client code and auction date with the instructions to the bank. Please ensure you use the correct account as payment can only be accepted through this Singapore dollar account.

Please note:
- We do not accept any form of cash payment or payment by cheque.
- Third party payment is not accepted except by prior arrangement.
- Cardholder not present transactions will only be accepted when successfully completed through our online payment platform.
- Clients may be required to pay by bank transfer for their first purchase or at other times at the sole discretion of Noonans.
- Any credit held in your Noonans UK account cannot be used towards purchases in Singapore.

Change of Address
Change of address requests will be subject to the same due diligence by Noonans as at the time of registration.

Artists’ Resale Rights (Droit de Suite)
Droit de Suite is a royalty payable to a qualifying artist or their estate every time the artist’s work is sold at auction or by an art market professional during the artist’s lifetime and for a period of up to 70 years following the artist’s death.

Royalties are calculated on a sliding percentage scale based on the hammer price.

Lots subject to this royalty payment are marked with ARR in the catalogue.

If you have any technical support queries please use the Contact Us page.

Conditions mainly concerning Buyers

1 The buyer
The highest bidder shall be the buyer at the ‘hammer price’ and any dispute shall be settled at the auctioneer’s absolute discretion. Every bidder shall be deemed to act as principal unless there is in force a written acknowledgement by Noonans Mayfair Ltd. (“Noonans”) that he acts as agent on behalf of a named principal. Bids will be executed in the order that they are received.

2 Minimum increment
The auctioneer shall have the right to refuse any bid which does not conform to Noonans’ published bidding increments which may be found at noonans.co.uk and in the bidding form included with the auction catalogue.

3 The premium
The buyer shall pay to Noonans a premium of 24% on the ‘hammer price’ and agrees that Noonans, when acting as agent for the seller, may also receive commission from the seller in accordance with Condition 16.

4 Value Added Tax (VAT)
The buyers’ premium is subject to the current rate of Value Added Tax if the lot is delivered to or collected by the purchaser within the UK.
Lots marked ‘X’ are subject to importation VAT of 5% on the hammer price unless re-exported outside the UK, as per the conditions below.
Lots marked ‘XX’ are subject to importation VAT of 20% on the hammer price unless re-exported outside the UK, as per the conditions below.
Buyers who wish to hand carry their lots to export them from the UK will be charged VAT at the prevailing rate and importation VAT (where applicable) and will not be able to claim a VAT refund.
Buyers will only be able to secure a VAT free invoice and/or VAT refund if the goods are exported by Noonans or a pre-approved commercial shipper. Where the buyer instructs a pre-approved commercial shipper, proof of correct export out of the UK must be provided to Noonans by the buyer within 30 days of export and no later than 90 days from the date of the sale. Refunds are subject to a £50 administrative fee.

5. Artist’s Resale Rights (Droit de Suite)
Lots marked ARR in the catalogue indicate lots that may be subject to this royalty payment.
The royalty will be charged to the buyer on the ‘hammer price’ and is in addition to the buyers’ premium. Royalties are charged on a sliding percentage scale as shown below but do not apply to lots where the hammer price is less than 1000 Pounds Sterling.
All royalty charges are paid in full to The Design and Artists Copyright Society (DACS).
Portion of the hammer price (Royalty)
From 0 to £50,000 (4%)
From £50,000.01 to £200,000 (3%)
From £200,000.01 to £350,000 (1%)
From £350,000.01 to £500,000 (0.5%)
Exceeding £500,000 (0.25%)
VAT does not apply to the Artist’s Resale Right

6 Payment
When a lot is sold the buyer shall:
(a) confirm to Noonans his or her name and address and, if so requested, give proof of
identity; and
(b) pay to Noonans the ‘total amount due’ in pounds sterling within five working days of the end of the sale (unless credit terms have been agreed with Noonans before the auction). Please note that we will not accept cash payments in excess of £5,000 (five thousand pounds) in settlement for purchases made at any one auction.

7 Noonans may, at its absolute discretion, agree credit terms with the buyer before an auction under which the buyer will be entitled to take possession of lots purchased up to an agreed amount in value in advance of payment by a determined future date of the ‘total amount due’.

8 Any payments by a buyer to Noonans may be applied by Noonans towards any sums owing from that buyer to Noonans on any account whatever, without regard to any directions of the buyer, his or her agent, whether expressed or implied.

9 Collection of purchases
The ownership of the lot(s) purchased shall not pass to the buyer until he or she has made payment in full to Noonans of the ‘total amount due’ in pounds sterling.

10 (a) The buyer shall at his or her own expense take away the lot(s) purchased not later than 5 working days after the day of the auction but (unless credit terms have been agreed in accordance with Condition 7) not before payment to Noonans of the ‘total amount due’.
(b) The buyer shall be responsible for any removal, storage and insurance charges on any lot not taken away within 5 working days after the day of the auction.
(c) The packing and handling of purchased lots by Noonans staff is undertaken solely as a courtesy to clients and, in the case of fragile articles, will be undertaken only at Noonans’ discretion. In no event will Noonans be liable for damage to glass or frames, regardless of the cause. Bulky lots or sharp implements, etc., may not be suitable for in-house shipping.

11 Buyers’ responsibilities for lots purchased
The buyer will be responsible for loss or damage to lots purchased from the time of collection or the expiry of 5 working days after the day of the auction, whichever is the sooner. Neither Noonans nor its servants or agents shall thereafter be responsible for any loss or damage of any kind, whether caused by negligence or otherwise, while any lot is in its custody or under its control.
Loss and damage warranty cover at the rate of 1.5% will be applied to any lots despatched by Noonans to destinations outside the UK, unless specifically instructed otherwise by the consignee.

12 Remedies for non-payment or failure to collect purchase
If any lot is not paid for in full and taken away in accordance with Conditions 6 and 10, or if there is any other breach of either of those Conditions, Noonans as agent of the seller shall, at its absolute discretion and without prejudice to any other rights it may have, be entitled to exercise one or more of the following rights and remedies:
(a) to proceed against the buyer for damages for breach of contract.
(b) to rescind the sale of that or any other lots sold to the defaulting buyer at the same or any other auction.
(c) to re-sell the lot or cause it to be re-sold by public auction or private sale and the defaulting buyer shall pay to Noonans any resulting deficiency in the ‘total amount due’ (after deduction of any part payment and addition of re-sale costs) and any surplus shall belong to the seller.
(d) to remove, store and insure the lot at the expense of the defaulting buyer and, in the case of storage, either at Noonans’ premises or elsewhere. (e) to charge interest at a rate not exceeding 2 percent per month on the ‘total amount due’ to the extent it remains unpaid for more than 5 working days after the day of the auction.
(f) to retain that or any other lot sold to the same buyer at the sale or any other auction and release it only after payment of the ‘total amount due’.
(g) to reject or ignore any bids made by or on behalf of the defaulting buyer at any future auctions or obtaining a deposit before accepting any bids in future.
(h) to apply any proceeds of sale then due or at any time thereafter becoming due to the defaulting buyer towards settlement of the ‘total amount due’ and to exercise a lien on any property of the defaulting buyer which is in Noonans’ possession for any purpose.

13 Liability of Noonans and sellers
(a) Goods auctioned are usually of some age.
All goods are sold with all faults and imperfections and errors of description. Illustrations in catalogues are for identification only. Buyers should satisfy themselves prior to the sale as to the condition of each lot and should exercise and rely on their own judgement as to whether the lot accords with its description. Subject to the obligations accepted by Noonans under this Condition, none of the seller, Noonans, its servants or agents is responsible for errors of descriptions or for the genuineness or authenticity of any lot. No warranty whatever is given by Noonans, its servants or agents, or any seller to any buyer in respect of any lot and any express or implied conditions or warranties are hereby excluded.
(b) Any lot which proves to be a ‘deliberate forgery’ may be returned by the buyer to Noonans within 15 days of the date of the auction in the same condition in which it was at the time of the auction, accompanied by a statement of defects, the number of the lot, and the date of the auction at which it was purchased. If Noonans is satisfied that the item is a ‘deliberate forgery’ and that the buyer has and is able to transfer a good and marketable title to the lot free from any third party claims, the sale will be set aside and any amount paid in respect of the lot will be refunded, provided that the buyer shall have no rights under this Condition if:
(i) the description in the catalogue at the date of the sale was in accordance with the then generally accepted opinion of scholars and experts or fairly indicated that there was a conflict of such opinion; or (ii) the only method of establishing at the date ofpublication of the catalogue that the lot was a ‘deliberate forgery’ was by means of scientific processes not generally accepted for use until after publication of the catalogue or a process which was unreasonably expensive or impractical.
(c) A buyer’s claim under this Condition shall be limited to any amount paid in respect of the lot and shall not extend to any loss or damage suffered or expense incurred by him or her.
(d) The benefit of the Condition shall not be assignable and shall rest solely and exclusively in the buyer who, for the purpose of this condition, shall be and only be the person to whom the original invoice is made out by Noonans in respect of the lot sold.

Conditions mainly concerning Sellers and Consignors

14 Warranty of title and availability
The seller warrants to Noonans and to the buyer that he or she is the true owner of the property or is properly authorised to sell the property by the true owner and is able to transfer good and marketable title to the property free from any third party claims. The seller will indemnify Noonans, its servants and agents and the buyer against any loss or damage suffered by either in consequence of any breach on the part of the seller.

15 Reserves
The seller shall be entitled to place, prior to the first day of the auction, a reserve at or below the low estimate on any lot provided that the low estimate is more than £100. Such reserve being the minimum ‘hammer price’ at which that lot may be treated as sold. A reserve once placed by the seller shall not be changed without the consent of Noonans. Noonans may at their option sell at a ‘hammer price’ below the reserve but in any such cases the sale proceeds to which the seller is entitled shall be the same as they would have been had the sale been at the reserve. Where a reserve has been placed, only the auctioneer may bid on behalf of the seller.

16 Authority to deduct commission and expenses
The seller authorises Noonans to deduct commission at the ‘stated rate’ and ‘expenses’ from the ‘hammer price’ and acknowledges Noonans’ right to retain the premium payable by the buyer.

17 Rescission of sale
If before Noonans remit the ‘sale proceeds’ to the seller, the buyer makes a claim to rescind the sale that is appropriate and Noonans is of the opinion that the claim is justified, Noonans is authorised to rescind the sale and refund to the buyer any amount paid to Noonans in respect of the lot.

18 Payment of sale proceeds
Noonans shall remit the ‘sale proceeds’ to the seller 35 days after the auction, but if by that date Noonans has not received the ‘total amount due’ from the buyer then Noonans will remit the sale proceeds within five working days after the date on which the ‘total amount due’ is received from the buyer. If credit terms have been agreed between Noonans and the buyer, Noonans shall remit to the seller the sale proceeds 35 days after the auction unless otherwise agreed by the seller.

19 If the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction, Noonans will endeavour to notify the seller and take the seller’s instructions as to the appropriate course of action and, so far as in Noonans’ opinion is practicable, will assist the seller to recover the ‘total amount due’ from the buyer. If circumstances do not permit Noonans to take instructions from the seller, the seller authorises Noonans at the seller’s expense to agree special terms for payment of the ‘total amount due’, to remove, store and insure the lot sold, to settle claims made by or against the buyer on such terms as Noonans shall in its absolute discretion think fit, to take such steps as are necessary to collect monies due by the buyer to the seller and if necessary to rescind the sale and refund money to the buyer if appropriate.

20 If, notwithstanding that, the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction and Noonans remits the ‘sale proceeds’ to the seller, the ownership of the lot shall pass to Noonans.

21 Charges for withdrawn lots
Where a seller cancels instructions for sale, Noonans reserve the right to charge a fee of 15% of Noonans’ then latest middle estimate of the auction price of the property withdrawn, together with Value Added Tax thereon if the seller is resident in the UK, and ‘expenses’ incurred in relation to the property.

22 Rights to photographs and illustrations
The seller gives Noonans full and absolute right to photograph and illustrate any lot placed in its hands for sale and to use such photographs and illustrations and any photographs and illustrations provided by the seller at any time at its absolute discretion (whether or not in connection with the auction).

23 Unsold lots
Where any lot fails to sell, Noonans shall notify the seller accordingly. The seller shall make arrangements either to re-offer the lot for sale or to collect the lot.

24 Noonans reserve the right to charge commission up to one-half of the ‘stated rates’ calculated on the ‘bought-in price’ and in addition ‘expenses’ in respect of any unsold lots.

General Conditions and Definitions

25 Noonans sells as agent for the seller (except where it is stated wholly or partly to own any lot as principal) and as such is not responsible for any default by seller or buyer.

26 Any representation or statement by Noonans, in any catalogue as to authorship, attribution, genuineness, origin, date, age, provenance, condition or estimated selling price is a statement of opinion only. Every person interested should exercise and rely on his or her own judgement as to such matters and neither Noonans nor its servants or agents are responsible for the correctness of such opinions.

27 Whilst the interests of prospective buyers are best served by attendance at the auction, Noonans will, if so instructed, execute bids on their behalf. Neither Noonans nor its servants or agents are responsible for any neglect or default in doing so or for failing to do so.

28 Noonans shall have the right, at its discretion, to refuse admission to its premises or attendance at its auctions by any person.

29 Noonans has absolute discretion without giving any reason to refuse any bid, to divide any lot, to combine any two or more lots, to withdraw any lot from the auction and in case of dispute to put up any lot for auction again.

30 (a) Any indemnity under these Conditions shall extend to all actions, proceedings costs, expenses, claims and demands whatever incurred or suffered by the person entitled to the benefit of the indemnity.
(b) Noonans declares itself to be a trustee for its relevant servants and agents of the benefit of every indemnity under these Conditions to the extent that such indemnity is expressed to be for the benefit of its servants and agents.

31 Any notice by Noonans to a seller, consignor, prospective bidder or buyer may be given by first class mail, airmail or email and if so given shall be deemed to have been duly received by the addressee within 48 hours.

32 These Conditions shall be governed by and construed in accordance with English law. All transactions to which these Conditions apply and all matters connected therewith shall also be governed by English law. Noonans hereby submits to the exclusive jurisdiction of the English courts and all other parties concerned hereby submit to the non-exclusive jurisdiction of the English courts.

33 In these Conditions:
(a) ‘catalogue’ includes any advertisement, brochure, estimate, price list or other publication;
(b) ‘hammer price’ means the price at which a lot is knocked down by the auctioneer to the buyer;
(c) ‘total amount due’ means the ‘hammer price’ in respect of the lot sold together with any premium, Value Added Tax chargeable and additional charges and expenses due from a defaulting buyer in pounds sterling;
(d) ‘deliberate forgery’ means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source which is not shown to be such in the description in the catalogue and which at the date of the sale had a value materially less than it would have had if it had been in accordance with that description;
(e) ‘sale proceeds’ means the net amount due to the seller being the ‘hammer price’ of the lot sold less commission at the ‘stated rates’ and ‘expenses’ and any other amounts due to Noonans by the seller in whatever capacity and howsoever arising;
(f) ‘stated rate’ means Noonans’ published rates of commission for the time and any Value Added Tax thereon;
(g) ‘expenses’ in relation to the sale of any lot means Noonans charges and expenses for insurance, illustrations, special advertising, certification, remedials, packing and freight of that lot and any Value Added Tax thereon;
(h) ‘bought-in price’ means 5 per cent more than the highest bid received below the reserve.

34 Vendors’ commission of sales
A commission of 15 per cent is payable by the vendor on the hammer price on lots sold. Insurance is charged at 1.5 per cent of the hammer price.

35 VAT
Commission, illustrations, insurance and expenses are subject to VAT if the seller is resident in the UK.

In all instances Noonans refers to Noonans Mayfair Ltd (Singapore Branch)

Conditions mainly concerning Buyers

1 The buyer
The highest bidder shall be the buyer at the ‘hammer price’ and any dispute shall be settled at the auctioneer’s absolute discretion. Every bidder shall be deemed to act as principal unless there is in force a written acknowledgement by Noonans that the bidder acts as agent on behalf of a named principal. Bids will be executed in the order that they are received. Prior to bidding Noonans reserves the right to require a card pre- authorisation.

2 Minimum increment
The auctioneer shall have the right to refuse any bid which does not conform to Noonans’ published bidding increments which may be found at noonans.co.uk and in the bidding form.

3 The premium
The buyer shall pay to Noonans a premium on the ‘hammer price’ in accordance with the percentages set out and agrees that Noonans, may also receive commission from the seller in accordance with Condition 15.

4 Goods and Services Tax
Goods and Services Tax (GST) at the prevailing standard rate will be applicable to the whole purchase price (the hammer price and buyers premium) and other services such as shipping and insurance.
The buyer will also be liable for any other duties, taxes or charges applicable at the time of the auction and/or buyers payment.
The GST for buyers may be zero rated for the purchase price and other services if the goods are paid for and exported using Noonans nominated shippers within 60 days of the auction date.

5 Payment
When a lot is sold the buyer shall:
(a) confirm to Noonans his or her name and address and, if so requested, give proof of identity; and
(b) pay to Noonans the ‘total amount due’ in Singapore dollars within five working days of the end of the sale (unless credit terms have been agreed with Noonans before the auction). Please note that we will not accept payment in cash or by cheque.

6 Noonans may, at its absolute discretion, agree credit terms with the buyer before an auction under which the buyer will be entitled to take possession of lots purchased up to an agreed amount in value in advance of payment by a determined future date of the ‘total amount due’.

7 Any payments by a buyer to Noonans may be applied by Noonans towards any sums owing from that buyer to Noonans on any account whatever, without regard to any directions of the buyer, his or her agent, whether expressed or implied.

8 Collection of purchases
The ownership of the lot(s) purchased shall not pass to the buyer until he or she has made payment in full to Noonans of the ‘total amount due’ in Singapore dollars.

9 (a) The buyer shall at his or her own expense take away the lot(s) purchased not later than the day after the auction but (unless credit terms have been agreed in accordance with Condition 6) not before payment to Noonans of the ‘total amount due’.
(b) The buyer shall be responsible for any removal, storage and insurance charges on any lot not taken away in accordance with 9 (a).
(c) The packing and handling of purchased lots will be undertaken only at Noonans or its nominated shippers discretion. In no event will Noonans be liable for damage, regardless of the cause.

10 Buyers’ responsibilities for lots purchased
The buyer will be responsible for loss or damage to lots purchased from the time of collection or the expiry of 5 working days after the day of the auction, whichever is the sooner. Neither Noonans nor its servants or agents shall thereafter be responsible for any loss or damage of any kind, whether caused by negligence or otherwise, while any lot is in its custody or under its control.

11 Remedies for non-payment or failure to collect purchase
If any lot is not paid for in full and taken away in accordance with Conditions 5 and 9, or if there is any other breach of either of those Conditions, Noonans shall, at its absolute discretion and without prejudice to any other rights it may have, be entitled to exercise one or more of the following rights and remedies:
(a) to proceed against the buyer for damages for breach of contract.
(b) to rescind the sale of that or any other lots sold to the defaulting buyer at the same or any other auction.
(c) to re-sell the lot or cause it to be re-sold by public auction or private sale and the defaulting buyer shall pay to Noonans any resulting deficiency in the ‘total amount due’ (after deduction of any part payment and addition of re-sale costs) and any surplus shall belong to the seller.
(d) to remove, store and insure the lot at the expense of the defaulting buyer and, in the case of storage, either at Noonans’ premises or elsewhere.
(e) to charge interest at a rate not exceeding 2 percent per month on the ‘total amount due’ to the extent it remains unpaid for more than 5 working days after the day of the auction.
(f) to retain that or any other lot sold to the same buyer at the sale or any other auction and release it only after payment of the ‘total amount due’.
(g) to reject or ignore any bids made by or on behalf of the defaulting buyer at any future auctions or obtaining a deposit before accepting any bids in future.
(h) to apply any proceeds of sale then due or at any time thereafter becoming due to the defaulting buyer towards settlement of the ‘total amount due’ and to exercise a lien on any property of the defaulting buyer which is in Noonans’ possession for any purpose.

12 Liability of Noonans and sellers
(a) Goods auctioned are usually of some age.
All goods are sold with all faults and imperfections and errors of description. Illustrations in catalogues are for identification only. Buyers should satisfy themselves prior to the sale as to the condition of each lot and should exercise and rely on their own judgement as to whether the lot accords with its description. Subject to the obligations accepted by Noonans under this Condition, none of the seller, Noonans, its servants or agents is responsible for errors of descriptions or for the genuineness or authenticity of any lot. No warranty whatever is given by Noonans, its servants or agents, or any seller to any buyer in respect of any lot and any express or implied conditions or warranties are hereby excluded.
(b) Any lot which proves to be a ‘deliberate forgery’ may be returned by the buyer to Noonans within 15 days of the date of the auction in the same condition in which it was at the time of the auction, accompanied by a statement of defects, the number of the lot, and the date of the auction at which it was purchased. If Noonans is satisfied that the item is a ‘deliberate forgery’ and that the buyer has and is able to transfer a good and marketable title to the lot free from any third party claims, the sale will be set aside and any amount paid in respect of the lot will be refunded, provided that the buyer shall have no rights under this Condition if:
(i) The description in the catalogue at the date of the sale was in accordance with the then generally accepted opinion of scholars and experts or fairly indicated that there was a conflict of such opinion; or (ii) The only method of establishing at the date of publication of the catalogue that the lot was a ‘deliberate forgery’ was by means of scientific processes not generally accepted for use until after publication of the catalogue or a process which was unreasonably expensive or impractical.
(c) A buyer’s claim under this Condition shall be limited to any amount paid in respect of the lot and shall not extend to any loss or damage suffered or expense incurred by him or her.
(d) The benefit of the Condition shall not be assignable and shall rest solely and exclusively in the buyer who, for the purpose of this condition, shall be and only be the person to whom the original invoice is made out by Noonans in respect of the lot sold.

Conditions mainly concerning Sellers and Consignors

13 Warranty of title and availability
The seller warrants to Noonans and to the buyer that he or she is the true owner of the property or is properly authorised to sell the property by the true owner and is able to transfer good and marketable title to the property free from any third party claims. The seller will indemnify Noonans, its servants and agents and the buyer against any loss or damage suffered by either in consequence of any breach on the part of the seller.

14 Reserves
The seller shall be entitled to place, prior to the first day of the auction, a reserve at or below the low estimate on any lot provided that the low estimate is more than S$100. Such reserve being the minimum ‘hammer price’ at which that lot may be treated as sold. A reserve once placed by the seller shall not be changed without the consent of Noonans. Noonans may at their option sell at a ‘hammer price’ below the reserve but in any such cases the sale proceeds to which the seller is entitled shall be the same as they would have been had the sale been at the reserve. Where a reserve has been placed, only the auctioneer may bid on behalf of the seller.

15 Authority to deduct commission and expenses
The seller authorises Noonans to deduct commission at the ‘stated rate’ and ‘expenses’ from the ‘hammer price’ and acknowledges Noonans’ right to retain the premium payable by the buyer.

16 Rescission of sale
If before Noonans remit the ‘sale proceeds’ to the seller, the buyer makes a claim to rescind the sale that is appropriate and Noonans is of the opinion that the claim is justified, Noonans is authorised to rescind the sale and refund to the buyer any amount paid to Noonans in respect of the lot.

17 Payment of sale proceeds
Noonans shall remit the ‘sale proceeds’ to the seller 35 days after the auction, but if by that date Noonans has not received the ‘total amount due’ from the buyer then Noonans will remit the sale proceeds within five working days after the date on which the ‘total amount due’ is received from the buyer. If credit terms have been agreed between Noonans and the buyer, Noonans shall remit to the seller the sale proceeds 35 days after the auction unless otherwise agreed by the seller.

18 If the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction, Noonans will endeavour to notify the seller and take the seller’s instructions as to the appropriate course of action and, so far as in Noonans’ opinion is practicable, will assist the seller to recover the ‘total amount due’ from the buyer. If circumstances do not permit Noonans to take instructions from the seller, the seller authorises Noonans at the seller’s expense to agree special terms for payment of the ‘total amount due’, to remove, store and insure the lot sold, to settle claims made by or against the buyer on such terms as Noonans shall in its absolute discretion think fit, to take such steps as are necessary to collect monies due by the buyer to the seller and if necessary to rescind the sale and refund money to the buyer if appropriate.

19 If, notwithstanding that, the buyer fails to pay to Noonans the ‘total amount due’ within 35 days after the auction and Noonans remits the ‘sale proceeds’ to the seller, the ownership of the lot shall pass to Noonans.

20 Charges for withdrawn lots
Where a seller cancels instructions for sale, Noonans reserve the right to charge a fee of 15% of Noonans’ then latest middle estimate of the auction price of the property withdrawn, together with GST thereon if applicable and ‘expenses’ incurred in relation to the property.

21 Rights to photographs and illustrations
The seller gives Noonans full and absolute right to photograph and illustrate any lot placed in its hands for sale and to use such photographs and illustrations and any photographs and illustrations provided by the seller at any time at its absolute discretion (whether or not in connection with the auction).

22 Unsold lots
Where any lot fails to sell, Noonans shall notify the seller accordingly. The seller shall make arrangements either to re-offer the lot for sale or to collect the lot.

23 Noonans reserve the right to charge commission up to one-half of the ‘stated rates’ calculated on the ‘bought-in price’ and in addition ‘expenses’ in respect of any unsold lots.

General Conditions and Definitions

24 The identity of the seller will not be made known to the buyer and Noonans is deemed to be selling all lots under its own name. Nor will the identity of the buyers be made known to the seller. Noonans is not responsible for any default by seller or buyer.

25 Any representation or statement by Noonans, in any catalogue as to authorship, attribution, genuineness, origin, date, age, provenance, condition or estimated selling price is a statement of opinion only. Every person interested should exercise and rely on his or her own judgement as to such matters and neither Noonans nor its servants or agents are responsible for the correctness of such opinions.

26 Whilst the interests of prospective buyers are best served by attendance at the auction, Noonans will, if so instructed, execute bids on their behalf. Neither Noonans nor its servants or agents are responsible for any neglect or default in doing so or for failing to do so.

27 Noonans shall have the right, at its discretion, to refuse admission to its premises or attendance at its auctions by any person.

28 Noonans has absolute discretion without giving any reason to refuse any bid, to divide any lot, to combine any two or more lots, to withdraw any lot from the auction and in case of dispute to put up any lot for auction again.

29 (a) Any indemnity under these Conditions shall extend to all actions, proceedings costs, expenses, claims and demands whatever incurred or suffered by the person entitled to the benefit of the indemnity. (b) Noonans declares itself to be a trustee for its relevant servants and agents of the benefit of every indemnity under these Conditions to the extent that such indemnity is expressed to be for the benefit of its servants and agents.

30 Any notice by Noonans to a seller, consignor, prospective bidder or buyer may be given by email and if so given shall be deemed to have been duly received by the addressee within 48 hours.

31 These Conditions shall be governed by and construed in accordance with Singapore law. All transactions to which these Conditions apply and all matters connected therewith shall also be governed by Singapore law. Noonans hereby submits to the exclusive jurisdiction of the Singapore courts and all other parties concerned hereby submit to the non-exclusive jurisdiction of the Singapore courts.

32 In these Conditions:
(a) ‘catalogue’ includes any advertisement, brochure, estimate, price list or other publication;
(b) ‘hammer price’ means the price at which a lot is knocked down by the auctioneer to the buyer;
(c) ‘total amount due’ means the ‘hammer price’ in respect of the lot sold together with any premium, additional charges and expenses due from a defaulting buyer in Singapore dollars;
(d) ‘deliberate forgery’ means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source which is not shown to be such in the description in the catalogue and which at the date of the sale had a value materially less than it would have had if it had been in accordance with that description;
(e) ‘sale proceeds’ means the net amount due to the seller being the ‘hammer price’ of the lot sold less commission at the ‘stated rates’ and ‘expenses’ and any other amounts due to Noonans by the seller in whatever capacity and howsoever arising;
(f) ‘stated rate’ means Noonans’ published rates of commission for the time and any GST thereon;
(g) ‘expenses’ in relation to the sale of any lot means Noonans charges and expenses for insurance, illustrations, special advertising, certification, remedials, packing and freight of that lot and any GST thereon;
(h) ‘bought-in price’ means 5 per cent more than the highest bid received below the reserve.

33 Vendors’ commission of sales
A commission of 15 per cent is payable by the vendor on the hammer price on lots sold.

34 GST
Commission, illustrations, insurance and expenses are subject to GST if the seller is resident in Singapore.

Introduction
"Noonans Mayfair Ltd" (we) take your privacy seriously. This privacy policy describes how and why we obtain, store and process data which can identify you. We may update this policy from time to time and shall indicate on the website when changes have been made.

What information do we store?
We store personal data on individuals and companies with whom we have dealings including, but not limited to, staff, partners, suppliers, valuation clients, buyers and sellers (both trade and private individuals). The information stored is secured behind password protection and includes:

- Names
- Addresses
- Phone and fax numbers
- Email addresses

In some cases additional information is gathered, including;

- Bank details (see below)
- Taxation information for employees and partners
- Details of proof of identity
- Ownership of goods valued/offered for sale including descriptions, images and provenance.

Information is collected from you when you register with us, or when you contribute to, or use some of the advanced features of our website.

The information we collect is clearly set out on the web page on which we collect it. In addition, we may collect your IP address and use cookies unless you configure your web browser not to accept them.

We only collect credit / debit card information in order to process transactions. We do not retain any customer credit / debit card information and are fully PCI compliant.

Reasons for holding information
We hold and store information for the following reasons;

- Record keeping for Taxation: PAYE, pensions and NI for employees and partners.
- Provision against money laundering: to confirm our compliance with cash limits and to enable us to assist authorities with relation to tax, money laundering and theft investigations where asked to provide information.
- To combat fraud and forgery unlimited by time.
- Details of goods sold /valued for accounting purposes and tax purposes including Capital Gains Tax, Inheritance Tax, Artist's resale rights, VAT and GST.
- We are required by insurers to retain details of clients and valuations.
- Ownership details of goods valued or sold for retention for an unlimited period (for normal accounting purposes and against title claims).
- Details including provenance and images of goods required for transactional record purposes to go in catalogues and on our website and other third party auction platforms.
- Marketing and advising buyers of goods coming up for sale which they may be interested in as traders or collectors where users have opted in.
- Bank details of staff, partners, suppliers, buyers and sellers held in our back office programme and on our third party bank website principally for recurring payments.


Where is information held, and who has access to it?
All main contact details, lot descriptions and images are held in our back office system. For ease of access and efficiency this is accessible to all staff (password protected).

Certain details such as bank account information, salary details, taxation, National Insurance and pension information are accessed only by key members of staff (including Payroll and Accounts).

Email and other contact information including addresses are also in Mail and our back office system and are accessible to staff.

Protection
All staff computers are password protected to the individual user.

Access
It is essential for the efficient running of the business for all staff to have free and quick access to computers where data is stored in the office.

In consultation with our IT consultants we are constantly reviewing and monitoring the security of the data we hold, and protection of our business level server.

Marketing
All data collected for marketing purposes is through our website. Customers who create an account online have the option to tick a box to receive marketing emails and to select specific marketing emails on certain areas of interest. Customers can modify these selections from the website and can unsubscribe at any time including on receipts of all marketing emails from us.

Clients who sell goods are provided with the option to tick a box on their receipt to receive marketing emails from us.

Bidders in person also tick a box on sale registration forms should they wish to receive marketing communication from us.

Contacting Us
If you have any questions about this privacy statement, the practices of this site, or your dealings with this website, you can contact us using the contact form on our website or by post/in attendance at the following address;

Noonans
16 Bolton St
London
W1J 8BQ
United Kingdom

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First Party Cookies

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