Greasbys Auctioneers
Auction Process & Guidelines
At Greasbys, we do not conduct live sales or online bidding. Instead, all bids must be submitted as commission bids after thoroughly viewing the items at our premises.
Viewing Details:
You can inspect the items in person on Tuesday before each auction, from 8:30 AM to 4:45 PM. Please ensure you submit your bids via email or directly to the office by 5:00 PM on Tuesday, 29th October. Any bids received after this deadline will not be considered.
Minimum Bid:
The minimum bid we accept is £8.00. Bids below this amount will not be processed.
Collection & Clearing of Items
Clearing Schedule:
Items must be cleared on Thursday, the day after each auction is concluded, between 8:30 AM and 4:45 PM. Please ensure that all your purchases are collected by 5:00 PM on Thursday to avoid storage fees. We do not facilitate collections on Friday.
Payments & Charges
Additional Charges:
Greasbys sells items with VAT included in the hammer price. For card payments, there is a limit of £100 per customer. Any balance beyond this amount must be settled via cash or bank transfer. For those paying their registration deposit via card, please note that card payments must be made in person, as we do not accept card payments over the phone. Alternatively, you may pay via bank transfer.
Buyer's Premium:
A buyer's premium of 23% + VAT is applicable. For items marked with an asterisk (*), the buyer's premium includes VAT.
For example:
A hammer price of £50 with VAT and a 23% buyer's premium will total £63.80.
A hammer price of £50 without VAT will total £61.50.
Selling Fees
Our standard selling fees are:
25% commission
2% insurance fee (plus VAT)
Contracted Clients:
For contracted clients, commission rates are negotiable. We aim to issue payouts within 14 to 21 days after the sale.
Haulage & Logistics
At Greasbys, we strive to accommodate the specific haulage and logistical needs of each client, working to minimize costs while ensuring a smooth process.
