Trade Whisky Platinum and Gold Members are having 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.
Payment To Sellers
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 7 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.