Selling at Auction

Selling your items with Bamfords is very simple, to find out how see our FAQ’s below or contact either of our salesrooms.

How do I have my items valued for auction?

If you wish to have your items valued for auction you can do it via the following

  • Visit either of our salesrooms and there is always someone who can help answer any questions.
  • Attend one of our free valuations which are held at various sites – view calendar to find out when and where.
  • Email us at Derby or Bakewell along with images and we will give you a guide to value before seeing the item.
  • If you have large items which are difficult to bring down to the salerooms take some photos and either email them or bring them in to us.

There is no obligation to put them into an auction.

Do you charge for a valuation?

We do not charge for an auction valuation and there is no obligation to sell with us. We hope, however, that you choose to consign your art and antiques with Bamfords.

Insurance and Probate valuations do carry a fee. See our Probate & Valuations page for further details.

Do you offer a collection service?

Small items can usually be collected by our team of valuers either during a valuation visit or at another arranged time. For larger items and collections, we can recommend a specialist carrier for you.

How do I know I’ll achieve the best price for my item?

The auctioneer will always use their discretion to achieve the item's full value. Instructions for specific reserves must be received in writing prior to the auction day. On arrival to Bamfords, all lots are allocated to one of our specialist auctions where they will achieve their optimum value

What will I be charged when I sell an item at auction?

Commission rates are 12.5% of the hammer price of each lot. We also charge 3% of the hammer price of each lot for insurance (subject to a minimum charge of £2). All our charges are subject to VAT.
There is a minimum commission whether the item is sold or unsold of £3 per lot (uncatalogued auctions) and £10 per lot (catalogued auctions).

Photography and Internet Charges

£1 to £25 depending on size and format

Withdrawal Charges

The withdrawal fee for a lot which has been catalogued is 25% of the reserve price or the auctioneers upper estimate of the auction value, subject to a minimum charge of £35 plus VAT

Electrical Charges

Bamfords reserve the right to make a minimum charge of £5 per item to have the goods checked by an electrician for safety

Removal Charges

Bamfords can arrange full and part clearances at a cost of approximately £45 per hour. All goods deemed unsuitable for auction will be disposed of, a charge of £130 per tonne or part tonne + VAT is made for this service.

When do I receive payment for a lot which has sold?

The net sale proceeds received from the buyer in cleared funds will be forwarded to the vendor no later than 28 working days after the auction (we endeavour to settle non-catalogued auctions within 14 days after the auction) The net sale proceeds are the hammer price less commission and expenses. (Expenses – removals, photography, electrical testing and any other agreed charges)

Auction & Buyers rates and commissions

Sellers Commission Rates:

Our vendor commission rates are 12.5% of the hammer price of each lot. We also charge 3% of the hammer price of each lot for insurance (subject to a minimum charge of £2). All our charges are subject to VAT.

There is a minimum commission whether the item is sold or unsold of £3 per lot (uncatalogued auctions) and £10 per lot (catalogued auctions).

Illustration and Internet Charges

£1 to £25 depending on size and format

Withdrawal Charges

The withdrawal fee for a lot which has been catalogued is 25% of the reserve price or the auctioneers upper estimate of the auction value, subject to a minimum charge of £35 plus VAT

Electrical Charges

Bamfords reserve the right to make a minimum charge of £5 per item to have the goods checked by an electrician for safety

Removal Charges

Bamfords can arrange full and part clearances at a cost of approximately £45 per hour. All goods deemed unsuitable for auction will be disposed of, a charge of £130 per tonne or part tonne + VAT is made for this service.

Payments

The net sale proceeds received from the buyer in cleared funds will be forwarded to the vendor no later than 28 working days after the auction (we endeavour to settle non-catalogued auctions within 14 days after the auction) The net sale proceeds are the hammer price less commission and expenses. (Expenses – removals, photography, electrical testing and any other agreed charges)

Buyers Commission Rates:

Period & Contemporary Auctions 

The purchaser shall pay the hammer price together with a premium of 21% + VAT of the hammer price. There is a minimum buyer’s premium of £3.00 per lot;

Specialist Auctions

The purchaser shall pay the hammer price together with a premium of 21% + VAT of the hammer price. There is a minimum buyer’s premium of £7.50 per lot;

Fine Art Auctions

The purchaser shall pay the hammer price together with a premium of 21% + VAT of the hammer price. There is a minimum buyer’s premium of £10 per lot;

The amount invoiced will be premium plus VAT (where VAT is chargeable) but this VAT will not normally be recoverable by the buyer. The vendor authorises the Auctioneer to deduct commission and expenses at the stated rates from the hammer price and acknowledges the Auctioneer’s right to retain the premium payable by the purchaser.

All items must be collected within one week of purchase, failure to collect the lot will result in storage charges being applied at a rate of £5 per lot per day + VAT.  Once the storage fees exceed the value of the item purchased, all buyers’ rights are waived and Bamfords reserve the right to sell the item to recover storage charges incurred.

Any lot purchased through the services of ATG Media will be subject to a further charge of 5.5% of the hammer price (plus VAT where chargeable).