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How To Buy

Overview

  1. Buyer's Commission payable to the VWA Ltd /Trade Whisky is10& plus VAT for Silver Members8% plus VAT for Gold members6% plus VAT for Platinum members
  2. Delivery charges:es 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.
  3. Buyers situated out with the EU are not subject to VAT.
  4. For customers outside the UK/EU, a payment surcharge of 3.5% will apply to payments made by credit card.
  5. 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.
  6. 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

£0 - £9.99
£1.00
£10 - £49.99
£2.50
£50 - £99.99
£5.00
£100 - £250
£250-£500
£10.00
£15.00
£500 - £999
£20.00
£1000 - £2499
£25.00
£2500 - £4999
£50.00
£5000-£10.000
£10.000+
£100.00
£200.00

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.

Buyer Payment / Responsibilities

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.

How To Sell

Overview

  1. Seller's Listing Fee payable to Vintage Whisky Auctions Ltd / Trade Whisky  is £15.00 per Lot.
  2. Seller's Commission payable to the VWA Ltd / Company is 5% of the final hammer price in any bottle won.
  3. Trade Whisky Platinum and Gold Members have a 0% seller’s commission fee and NO listing fee payable to VWA Ltd.
  4. Seller's Optional Reserve Fee payable to the Company is £5.00 per Lot, however, Trade Whisky Platinum and Gold Members reserve fee is £0.
  5. Trade Whisky Platinum Members can have the bottles / Lots won from an auction kept in our warehouses for further trading selling on our platforms with no further additional administration or other costs. Other sellers non Platinum members can also keep lots/bottles to resell / trade for an additional cost of £10 per month or 30 days inclusive a lot/bottle remains in our warehouses. In the event the lot is not sold it will continue to be placed on auctions.
  6. 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.
  7. All delivery costs associated with delivering Items registered for auction from the Seller to Vintage Whisky Auctions Ltdwarehouses are at the expense of the Seller.
  8. The Seller should ensure that the relevant insurance cover is provided until the Items reach us. VWA Ltd is not liable for any damage occurring whilst a bottle is delivered to our warehouses addresses.
  9. Any payments incurred by Vintage Whisky Auctions Ltd in respect of UK customs/duties payments arising from items entering the UK from a Seller located outwith the UK will be surcharged to the Seller.
  10. Vintage Whisky Auctions Ltd reserves the right to, for any listing, prepare the Lot description and upload photographs captured by Vintage Whisky Auctions Ltd employees or directors.
  11. Vintage Whisky Auctions Ltd reserve the right to refuse to accept Items to sell at auction if we have reasonable cause for believing that;Any information concerning the lot given to us by you or on your behalf is inaccurate or misleading in any material respect; or
  12. The Lot is a forgery
  13. In the event of Vintage Whisky Auctions Ltd refusing to accept Items to sell at auction in line with the terms set out in the previous bullets, the Seller shall remain liable to us for any expenses incurred by us, including storage charges of £5 per day for such time that said Lot was held by Vintage Whisky Auctions Ltd.
  14. Sellers are strictly forbidden to bid on their own Items and/or have relatives and/or friends artificially increase an Item’s value.  Vintage Whisky Auctions Ltd reserves the right to cancel any auction whereby illegal bidding is considered to have taken place.  In this scenario, Vintage Whisky Auctions Ltd reserves the right to charge a further administration charge of £10 to any Items that are cancelled and return to the Seller as a result of illegal bidding.  All costs of returning the Items to the Seller will also be owed by the Seller to Vintage Whisky Auctions Ltd in the event of Items returned to the Seller for any reason unless otherwise agreed between the Seller and VWA Ltd.
  15. We do not accept Cask Ends, Bell's Decanters or cream liqueurs for auction.

We are selling the Lot on your behalf as your agent and you hereby undertake to us that:

  1. you are the legal owner of the Items to be sold at auction, or if you are not the owner (whether or not you have notified us that you are acting as an agent for a disclosed or undisclosed principal) that you are duly authorised by the de facto owner of the Items to sell them;
  2. you sell the Items with full title guaranteed free from all liens, charges, encumbrances or third-party claims;
  3. you have notified us in writing of any material alteration to the Item and have provided us accurately with all information (including any concerns expressed by third-parties relating to the authorship, attribution, condition, provenance, authenticity, age, suitability, quality and origin of the Items) in relation to the Items, or any description of it, of which you are aware or which is in your possession or of which any principal for whom you act in relation to the Items is aware or possesses;
  4. unless you notify us in writing to the contrary at the time the Item(s) is/are delivered to us, there are no restrictions (whether copyright or otherwise) affecting the Lot, or which would prevent us reproducing any photographs or any text of any information or description of, about or relating to the Items provided by you or on your behalf;
  5. all information submitted with the Items is accurate and truthful
  6. you are aware that the goods will be sold under the Vintage Whisky Auctions Ltd' Scheme for VAT
  7. you are an eligible seller (not VAT registered) selling eligible goods as defined under the Auctioneers' Scheme for VAT

Reserves

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.

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 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.

Seller Cancellation

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.