- Buyer’s commission payable to the VWA Ltd /Trade Whisky is 10% plus VAT on commission same for Silver Members 10% plus VAT on commission.
- Gold members buyer’s commission is 8% plus VAT on commission
- Platinum members buyers commission is only 5% plus VAT on commission (the lowest in the world).
- Delivery charges are FREE for more than 5 bottles and will vary, if applicable, depending on the item destination and weight of Items won/purchases plus VAT where applicable to all fees and delivery charges.
- For customers outside the UK/EU, a payment surcharge of 3.5% will apply to payments made by credit card.
- We are not responsible for the payment of any local Customs or Duties. All invoices will be stated at their true value; no exceptions will be made.
- Vintage Whisky Auctions Ltd reserves the right to update or change any commission rates and fees as it may in its sole discretion deem fit.
Online Bidding Process
You acknowledge that you are bidding in a live auction and agree that each bid submitted as provided in these Terms and Conditions is irrevocable and cannot be amended or corrected. You accept all liability for bids submitted via your account, including the liability to pay in full and on time in accordance with these Terms and Conditions.
To place a bid, a registered User must enter their maximum bid into the box shown on any Lot page. Whisky Hammer will automatically bid on the Item on your behalf, up to the maximum bid entered, by using the following incremental bidding rules;
Minimum Next Bid Increment
The highest bid placed on any item at the time of which the auction closes will be deemed the winning bid, assuming that such winning bid is greater than any optional reserve price that has been set on the Lot by the Seller.
The Buyer will receive an email notification of any winning bid and will accept all responsibility of bids placed via your account in accordance with these terms and conditions.
Vintage Whisky Auctions Ltd reserves the right, to the fullest extent legally permissible, to reject any registration, reject any bid placed, alter reserves and to withdraw permissions for a User on our website.
At the end of each auction, any bids placed on a Lot within the last 15 minutes of the auction timer will prolong the current auction of that Lot by a further 15 minutes. This is to ensure that ‘sniping software’ cannot be used on any of our auctions.
Vintage Whisky Auctions Ltd reserve the right to extend the auction timer by any length at any point during the auction, and under any event, specifically if the website is not accessible at the initially proposed auction end time.
Buyer Payment / Responsibilities
Following the end of the auction, the Buyer is responsible to access his account and select PAY NOW (including the option to collect where applicable) preferences, at this point the Buyer should promptly complete the payment process.
Payment must be made by the Buyer, in full, for the hammer price + VAT where applicable of Items purchased/won, including all fees and delivery charges advised within 3 days of the auction end date and time. Any monies owed to VWA Ltd / TradeWhisky after this will incur late payment penalty of 10%. If payment is not made within 5 days the Lot is not released unless other written agreement with VWA/trade whisky is made.
Vintage Whisky Auctions Ltd /Trade Whisky reserves the right to offer any Lot to the second-highest bidder in the event of a cancelled contract, subject to agreement with the Seller of said Lot.
After the Buyer has paid for the Item and immediately upon VWA Ltd/Trade Whisky having dispatched the Item, ownership of the Item transfers to the Buyer along with all risks and rewards associated with transfer to the Buyer.
Vintage Whisky Auctions Ltd / Trade Whisky reserves the right to destroy or acquire goods which remain within the premises of Whisky Hammer after a period of 6 months whereby the buyer and/or seller has not made arrangements to collect the goods.
Please note that the Consumer Protection [Distance Selling] Regulations 2000 do not apply to Items sold by auction and are therefore not applicable to any Items purchased via this website. If the buyer opts to utilise the storage facility at checkout, any rights to cancellation and refund is void.
If you have received the goods before you cancel your contract then you must send the goods back to our contact address at your own cost. If you cancel your contract but we have already processed the goods for delivery, you should not unpack the goods when they are received by you and you must send the goods back to us at our contact address at your own cost and risk as soon as possible. You shall be liable for any loss or damage to the Item arising as a result of any act or omission of you or any other person (whether negligent or otherwise) during such time as the Item is in your possession.