Fair bid steps policy 6. FANCY PAYING 10% TOO MUCH? NO, nor do we. Have you seen what other auctions bid steps are ? 10% IN MANY CASES. = more buying power No problem when you bid £10, the next step is £1 more – but fancy being made to increase your bid from £250 to £275, particularly when the stamp is only worth £260 to you – or worse still £1000, next bid £1100. And what happens if somebody else has bid £1100 – you have to pay £1200! LUDICROUS! UPA’s fair bid policy gives you a maximum £10 bidding increment on any lot over £300 and £5 bid steps from £85 to £300. So that at the high end you aren’t penalised – even at £1000 the next bid is £1010, not £1100. Result: INCREASED BUYING POWER WITH UPA.
Fixed delivery cost 7. POSTAGE, PACKING AND INSURANCE. A jungle at some auctions, a lottery at others. This is the ONLY additional charge when and FREE Insurance bidding at UPA – which we have fixed and standardised so you know EXACTLY what the delivery cost is EVEN BEFORE PLACING A BID, WHEREVER YOU LIVE, (please see below for details). Insurance against loss in transit is FREE*.
SUCCESSFUL BIDDING IS SAFE AND EASY AT UNIVERSAL PHILATELIC AUCTIONS HOW TO BID:
1. Simply pick any lots that interest you and enter on the POSTAL BID FORM (located inside back cover) the maximum amount you are prepared to pay. Upon those you are the highest bidder, you will be successful.
2. BID ON AS MANY LOTS AS YOU WANT AND LIMIT YOUR TOTAL EXPENDITURE. Using the LIMIT box on the bid form ensures maximum chance of success. Combine with STAGGERED PAYMENT SERVICE (£60+) for maximum purchasing power INTEREST FREE.
3. By PLACING A LIMIT BID you can LIST THE LOTS in order of your preference in any sequence instead of numerical order. This service is ideal for making the most of a limited budget and costs you nothing more.
4. We regret we cannot service LIMIT BID FORMS for less than £60. If you want to spend less please enter your bids as normal. Please remember that the only extra added to your purchases is the delivery charge.
5. The Auctioneer will bid on your behalf free of charge and buy at the lowest possible price, subject only to other bids received or reserves, at one bidding step above the second highest bid.
6. Bids below 80% of ESTIMATE ARE RESPECTFULLY DECLINED.
7. In no circumstances will confidential bids be disclosed to third parties.
8. “BUY” BIDS ARE NOT ACCEPTED as this is unfair to other bidders. If you are prepared to pay a multiple of the estimate price for a particularly rare item please enter your maximum price – but beware another bidder may recognise special value in the same item – so please only enter the maximum you are prepared to pay.
9. Unsuccessful bidders will be notified AFTER all lots have been despatched.
10. Please remember that UPA is an auction not an Approvals Service. The auctioneer reserves the right to refuse bids from clients regularly treating UPA as an Approvals Service. The auctioneer’s decision is final. Placing a bid is acceptance of these terms. This does not affect your 30 day NO QUIBBLE full refund guarantee.
FAIR BIDDING STEPS POLICY
Up to £39 in £1 steps £40 to £79 in £2 steps £80 to £299 in £5 steps £300 upwards in £10 steps Bids in pence will be disregarded ESTIMATES
1. Estimates are based upon condition and current market value. If you are keen to win an item for your collection we suggest you bid Estimate or over. The winning bid may still be below estimate depending upon other bids received. It does not necessarily mean you will pay more – rather it enhances your chance of success.
2. All estimates and catalogue prices are in £s Sterling and all catalogue prices are S.G. unless otherwise stated. We will state where another catalogue is used and if a foreign currency will show the value in Pounds Sterling equivalent.
REALISATIONS
The realisations list will be printed in the next catalogue. Telephone enquiries gladly answered from the Monday morning following the sale close.
CATALOGUES
1. Catalogues are FREE to regular successful bidders. They will “build” into an important source of accurate price data.
2. If yours is a NEW contact/enquiry you will receive the first CURRENT catalogue and the NEXT catalogue FREE OF CHARGE. If you have NOT bid in either YOU WILL NOT RECEIVE a third catalogue unless you SUBSCRIBE.
3. SUBSCRIPTIONS: £20 IS THE MINIMUM subs- cription covering supply of the next 3 catalogues wherever you live, despatched airmail if overseas.
4. Our catalogue policy is to “reward” regular clients with an important real price reference guide.
VIEWING
1. We do not offer POSTAL VIEWING as we offer an unequivocal NO QUIBBLE full refund guarantee, provided only that lots are returned promptly and in the same condition as despatched.
2. Photocopy service is available at 20p per copy + postage. Last date for photocopies 4 days before the sale closes. We cannot photocopy 100s of items!
3. You are welcome to phone and ask a describer to call you back with a verbal description with the item in front of him or her so that they can answer any specific enquiry you may have. Please be very careful to give your full telephone number with code and Lot Nos. on the answerphone. Limit 10 verbal descriptions per enquiry.
PAYMENT
1. NO LOTS are despatched until payment is received. 2. Payment is due upon receipt of our invoice.
3. For fastest despatch we recommend payment by VISA or MASTERCARD ONLY (No surcharge payable in our auctions.) We particularly recommend this to our overseas clients as it is cheaper and quicker than obtaining bank drafts and the bank automatically converts your invoiced amount charged into your own currency.
4. Clients enclosing a signed blank U.K. Sterling cheque payable to UNIVERSAL PHILATELIC AUCTIONS and dated for the day of the auction, endorsed “NOT TO EXCEED XXXX POUNDS STERLING” should allow for appropriate postage cost for delivery (see Delivery for fixed charges) in order to receive prompt delivery. Cheques from clients not known to us will be cleared first. Unsuccessful bidders cheques will be defaced and returned.
5. Overseas clients may remit by bankers draft, drawn on a UK clearing bank in Pounds Sterling ONLY. US$ cheques can be accepted but may take 28 days to clear. We regret no other currencies are accepted.
STAGGERED PAYMENT SERVICE
6. STAGGERED PAYMENT SERVICE is offered to clients making total purchases of £60 upwards and is ideal for LIMIT BIDDERS. There is NO EXTRA CHARGE for this service but lots are only despatched upon completion of payment or subject to status (i.e. long established UPA client.) To participate you MUST ADVISE US UPON YOUR BID FORM and enclose three signed cheques with your bid form dated at monthly intervals, the first for AUCTION DAY, for total purchases up to £250 (over £250, four equal cheques accepted.) ALTERNATIVELY please instruct us to charge your Mastercard/Visa.
7. We also accept payment by bank transfer – details are…
Bank: Santander UK plc
Account Name: N W P J Ltd T/A Omniphil Sort Code: 090150
Account Number: 04896815 BIC: ABBYGB2LXXX,
IBAN: GB84 ABBY 0901 5004 8968 15
Please transfer the appropriate amount net of bank charges and quote your invoice number as your reference
DELIVERY
1. To keep costs “tight” we regret we may not be as quick as some. Please allow up to 28 days from receipt of payment for despatch of your lots.
2. We shall endeavour to post by the most suitable means relative to value.
3. There is a SPECIAL POSTING INSTRUCTIONS box upon the BID FORM.
FIXED POSTAGE/PACKING COSTS*
For Any Invoice Up To UK Clients Overseas Clients £50
ADD£2 ADD £2.50
£50 TO £100 ADD £3 ADD £3.50 £100 TO £250 ADD £4 ADD £6.50 £250 upwards ADD £7.50 ADD £11.50 INSURANCE IS FREE*
*Free insurance covers all countries excluding Nigeria, India, Pakistan and South Africa. Additional postage charges may apply (e.g. DHL charges) for shipments to these countries in order to send insured
NB - Overseas clients are welcome to bid on HEAVY items but additional postage charges may apply. Please enquire if unsure.
RETURNS POLICY
Any Lot may be returned for a full refund (excl P+P). No Quibble. Lots MUST be returned as received within 30 days of receipt and proof of posting (according to value) obtained.
UPA (Admin Office), 4 THE OLD COALYARD, WEST END, NORTHLEACH, GLOS, GL54 3HE, UK. Tel: +44 (0) 1451 861111 Fax: +44 (0) 1451 861297 E-mail:
bids@upastampauctions.co.uk
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