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Terms & Condition
This Sale is by public auction conducted by licensed auctioneer.
All items offered in this Auction Catalogue are guaranteed to be genuine. If any lot is proved to be fake then we will refund the amount paid for that particular lot.
3. The lots will be opened for bidding in numerical order. In the event that bids for the same amount are received for the same lot, the winning bid will be the earliest received. The decision of the Auctioneer as to identity of the winning bidder shall be final.
Any person submitting bids on behalf of a corporation or any other person/persons agree to be personally liable for full payment of the invoice.
No “buy” or unlimited bids will be accepted. No bids will be accepted from Minors. Bids lower than lower estimate will not be accepted.
Classical Numismatic Gallery reserve the right to postpone or cancel the auction without notice in its sole discretion. Any lot or lots may be withdrawn by Auctioneer without notice prior to its being opened for bidding. Auctioneer or the Consigner shall not be liable for any costs or damages arising from either the withdrawn of material at the auction or the delay or cancellation of the auction.
The Purchase price shall be the sum of winning bid plus 12.50% Buyers Premium plus 5% GST on Hammer plus 18% GST on Buyers Premium = 19.75% Total Buyers Premium. 18% GST will be applicable on shiping & insurance charges and on late payment charges. The total Invoice amount shall be paid in full prior to delivery of the lot within 7 days of the date of invoice. The auctioneers reserve the right to charge the interest at the rate of 2% and applicable GST per month for the overdue amount. The buyer shall ensure that all payment formalities are completed within 7 working days of the date of the invoice. In case payment is not received within such period, this shall be treated as a breach of contract and the Classical Numismatic Gallery may take any steps, including the institution of legal proceedings, which are appropriate to enforce payment by the buyer. The buyer shall also be charged demurrage @ 2% and applicable GST per month on the total value of the Invoice.
Payment shall be made in Indian Rupee by cheques/D.D.  drawn on Indian banks or by Net Banking. The purchase price shall be paid upon delivery of the lot or receipt of Invoice for the lot, whichever occurs first. All associated costs for the delivery of lots such as handling, shipping, and insurance will be added to the purchase price.
Classical Numismatic Gallery reserves the right to place bids on behalf of the consigner up to the amount of a reserve price established by the consigner. Auctioneer will not accept a reserve price from a consigner above the high estimate shown in the catalogue for the auction.
Auctioneer shall make maximum efforts to properly enter and execute bid received by E-mail, Fax or by other means. However, auctioneer shall not be liable for any errors for incorrectly entered or incorrectly executed bids. Bidders are responsible for their bids including any errors they may make in placing bids. Auctioneer reserve the right to refuse and reject unsigned bid sheet.
Lots are sold as shown with all faults, imperfections and errors of description. Neither the auctioneer nor the seller shall give warranty to any buyer in respect of any lot, or be liable for any fault or error of description. All statements as to the items sold, whether made in catalogues, during the course of the auction, or otherwise are statements of opinion only, and are not and shall not be taken to be statements or representations of fact. The auctioneer reserves the right in forming his opinion, to consult and rely upon any expert or authority considered by him reliable. Notwithstanding the forgoing, if any lot should have been wrongly described in any material aspect, the buyer may reject the same, provided that he shall have given notice of intention to do so and shall have returned the same to the auctioneer within seven (7) days from the day of the sale, Under no circumstances will the auctioneer be liable for any costs, expenses or damages incurred by the buyer in respect of any lot, including, but not limited to, loss of any kind of profit whatsoever. Bidders are advised to scrutinize the lots they bid for.
The auctioneer will not hold himself responsible for the safe custody of any lots left for more than seven (7) working days after the date of sale, and reserves the right to charge storage and re-sell by auction or privately, and without notice to the buyer, any lots not removed from his premises within fourteen (14) days from the date of sale. Buyers shall not be entitled to remove lots from the auction room during the course of the auction.
13. Those bidders who have not paid their previous bills and also the bidders to whom auctioneer do not know, in such circumstances auctioneer has right to take the deposits from such bidders, and if they do not give deposits, auctioneer has right to prevent such bidder to take part in the auction.
PAN & Photo identification (ID) proof issued by government of India is compulsory for all the bidders.
Credit card Payments are subject to 2% surcharge.
16. The estimate figure below each lot are the auctioneer's estimate of an expected price only bids which are less than the lower estimate will not be consider by the auctioneer.
17. The auction is conducted in Indian Rupees.
18. By making a bid the buyer acknowledges his acceptance of these Conditions and shall be bound by them.
19. These Conditions shall take effect and be construed in accordance with Indian law.
20. Subject to Ahmedabad Jurisdiction.
Statutory Notes : Buyers are requested to note that the items over 100 years old cannot be taken out of India without the permission of the Director General, Archaeological Survey of India, Janpath, New Delhi 110011.
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