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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;
£0 - £9.99
£10 - £49.99
£50 - £99.99
£100 - £250
£500 - £999
£1000 - £2499
£2500 - £4999
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 2 minutes of the auction timer will prolong the current auction of that Lot by a further 2 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.
Following the end of the auction, the Buyer is responsible to access his account and select check out (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 5 days of the auction end date and time. Any monies owed to VWA Ltd / TradeWhisky after this will incur late payment penalty of 2%.
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.
Trade Whisky Platinum and Gold Members have a £0 reserve fee.
Placing a reserve price on any Lot is optional, and will incur an additional charge of £5 + VAT per Item. A reserve price will ensure that your Lot will remain unsold, unless the highest bid at the end of the auction is greater than or equal to your selected reserve price.
Reserve prices will be open for bidders to see whilst viewing the Lot.
In order to give lots with reserve prices the best chance of being sold, any items with a reserve price not met at the auction end will continue to be available for bids until the extended auction timer ends (i.e. until all lots have ended taking into account the anti-sniping auction timer extensions).
If any Reserve price is not met at the end of an auction, and the Lot remains unsold, Vintage Whisky Auctions Ltd / Trade Whisky will contact the Seller to arrange either to a) relist the unsold Lot in the subsequent VWA auction, with the ability to change or remove reserve price OR b) return the Lot to the Seller.
If the Seller choses to have their Lot returned to them in the event of a reserve price not being met and the Lot not being sold, all costs associated with returning the Lot to the Seller will be owed by the Seller to VWA.
If you are a successful Seller, we will not process your payments until; 1) the Buyer has paid us and 2) has received their bottle(s) and is satisfied that our descriptions were accurate.
Payments will begin as soon as possible and in any event we will ensure that Sellers are fully notified if payment is unlikely to be received by the Seller with 21 business days after the auction ending.
Payments from the Company to the Seller can be made using direct bank transfer or via PayPal. Please note, payments through the SWIFT / Bank transfer outside the UK system attract a £5 charge. Any fees associated with receiving funds following the auction are borne by the Seller.
Any cancellation must be notified by the Seller at least 24 hours before the start time of the auction that the lot was due to be made available in. The Company reserves the right to charge an administration fee of £20 (+VAT) for any cancellations. Note that all fees paid by the Seller are non-refundable in the event of a cancellation.
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.