Fine Art & Antiques 11 December 2021, at 10am

201 Please note each lot is subject to a Buyer’s Premium charge of 26.4% inc. VAT Terms & Conditions TERMS AND CONDITIONS FOR BUYERS 1. Introduction. The following informative notes are intended to assist Buyers, particularly those inexperienced or new to our salerooms. All sales are conducted according to our printed Terms and Conditions of Sale, which are readily available for inspection and normally accompany catalogues. Our staff will be happy to help you if there is anything you do not fully understand. 2. Agency. As auctioneers we usually contract as agents for the seller whose identity, for reasons of confidentiality, is not normally disclosed. Accordingly, if you buy, your primary contract is with the seller. 3. Estimates. Estimates are designed to help buyers gauge what sort of sum might be involved for the purchase of a particular lot. The lower estimate may represent the reserve price and certainly will not be below it. Estimates do not include the Buyer’s Premium or VAT (where chargeable). Estimates are prepared some time before the sale and may be altered by announcement before the sale. They are in no sense definitive. 4. The Buyer agrees to pay a buyer's premium on the hammer price of each lot purchased. The buyer's premium is 22% (26.4% including VAT) of the hammer price on each lot. VAT at the prevailing rate of 20% is added to all of these premiums and additional charges as defined below. Absentee and live bids can be submitted auctions.elstobandelstob.co.uk/auctions, please note that there is an additional 3% (plus VAT) premium for this service. Our sales are also available on thesaleroom.com , please note this facility carries an additional 4.95% (plus VAT) surcharge; invaluable.com , please note this facility carries an additional 5% (plus VAT) surcharge; bidsquare.com , please note this facility carries an additional 3% (plus VAT) surcharge; liveauctioneers.com , please note this facility carries an additional 5% (plus VAT) surcharge; and easyliveauction.com , please note this facility carries an additional 3% (plus VAT) surcharge or the option of a flat fee of £3. 5. VAT. (*) indicates that VAT is payable by the purchaser at the standard rate (presently 20%) on the hammer price as well as being an element in the buyer’s premium. This imposition of VAT is likely to be because the seller is registered for VAT within the European Union and is not operating the Dealers Margin Scheme, or because VAT is due at 20% on importation into the UK. The double symbol (**) indicates that the lot has been imported from outside the European Union and the present position is that these lots are liable to a reduced rate of VAT (5%) on the gross lot price (i.e. both the hammer price and the buyer’s premium). Lots which appear without either of the above symbols indicate that no VAT is payable on the hammer price. This is because such lots are sold using the Auctioneers’ Margin Scheme, and it should be noted that the VAT included within the Premium is not recoverable as input tax. 6. Descriptions and Conditions. Condition Reports are provided upon request; the absence of a Condition Report does not imply that a lot is without imperfections.