Auction result notification
After your goods have sold successfully, we will send you a auction result notification. This will list the individual lot(s) and the price made by each item. If you would like to know the outcome on the day, you are welcome to telephone the saleroom about an hour after the end of the auction.
Payment is normally made by check after the auction date, assuming that we have received full payment from the buyer. Please contact the department for more details on the timing of payments. We will also send you a settlement statement detailing the charges which have been incurred. Relevant charges are normally deducted before your settlement check is prepared and sent. Some clients prefer to receive payment by bank transfer, but please note that you will be asked to meet any charges associated with the transfer.
Bonhams operate a system of trust accounting. At all times clients' money is held in an account entirely separate from the rest of the business. Bonhams is the only international auction house to offer clients this critical safeguard.
There is an unsold minimum fee per lot (plus insurance as detailed above). There may be other additional charges, such as an illustration fee (see above). If you would like to re-offer your property in a future auction you can do so and should talk this through with the department. If you would prefer not to re-offer your property, you will need to make your own arrangements to collect it from us.
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