Lot 147: GRADIMIR SMUDJA (SERBIAN, B.1956), DRESSAGE POSTER, AWARDED TO IAAF MEMBER DR ARNE LJUNGQVIST BY

IMPORTANT INFORMATION FOR BIDDERS & BUYERS

Conditions of Business

All lots are offered subject to Graham Budd Auctions Ltd's Conditions of Business which can be viewed in full at our website www.grahambuddauctions.co.uk

The Auction
The auction is being conduct as a live stream broadcast.

Conduct of the Auction
The auctioneer will commence the bidding and advance the bidding in such increments as he considers appropriate. The contract between the buyer and the seller is concluded on the striking of the auctioneer's hammer. The auctioneer shall have discretion to refuse bids, withdraw or re-offer for lots for sale (including after the fall of the hammer) if he believes that there may have been an error or dispute, and may also take such other action as he reasonably deems necessary. Title in a lot will not pass to the buyer until Graham Budd Auctions has received the purchase price in cleared funds. Remedies for non-payment are stated in our Conditions of Business which can be viewed in full at our website www.grahambuddauctions.co.uk

Pre-Sale Viewing
We are offering pre-sale viewing of lots at our Enfield premises in North London. This is strictly by a pre-arranged timed appointment. Staff and visitors are required to wear masks. The last opportunity to view lots at our premises is Friday 4th June.

Condition Reports
Any requests for condition reports or additional photographs must be received by Friday 4th June.

Absentee Bidding
If you are unable or do not wish to bid live on the auction day, the Invaluable bidding platform accepts absentee bids. You will be required to declare your maximum limit, but the auctioneer will try and achieve the most inexpensive price for you subject always to the reserve price and competition from other bidders.

Telephone Bidding
As an alternative, there will be a telephone bidding service for the auction. Contact the auctioneer directly.

Buyer's Premium and VAT
The final selling bid at auction is known as the 'hammer price.' The auctioneer charges a buyer's premium of 20.5% of the hammer price. Additionally, the Invaluable platform charges a 5% surcharge. Both the buyer's premium and the internet surcharge are subject to VAT at the current rate of 20%.

An example for a lot purchased at £100 hammer would be as follows:
£100 hammer
£20.50 Buyer's Premium
£5.00 Internet Surcharge
£5.10 VAT (20% of £25.50)
TOTAL INVOICE: £130.60

VAT in respect of non-UK buyers
Buyers from outside of the UK, including EU countries, are not required to pay VAT on their purchases on condition that the goods are being shipped overseas and will not remain in the United Kingdom. Under these circumstances buyers will receive an export invoice which will not contain any VAT element.

An example for a lot purchased at £100 hammer to a non-UK buyer would be as follows:
£100 hammer
£20.50 Buyer's Premium
£5.00 Internet Surcharge
TOTAL INVOICE: £125.50

Estimates
Every lot in the auction has a published low and high estimate. Estimates are published as a guide only. The final hammer price of a lot may be higher of lower than the range of figures given and there are no predetermined starting bids. The published estimates are exclusive of buyer's premium. Every lot in the auction is subject to a reserve price which is a confidential agreement between the seller and the auctioneer. The reserve price is never set higher than the published low estimate but can be set below it.

Currency
The auction is held in the UK and will be conducted in British Pounds Sterling.

Payment
Payment is due in sterling and before any property can be released. The day after the auction concludes, successful buyers will be invoiced by email.

Graham Budd Auctions accept the following methods of payment:

ELECTRONIC TRANSFERS AND INTERNET BANKING
Barclays Bank PLC, 212 Regent Street, London, W1A 4BP
Sort Code: 20-71-74
Account: 60420255
Account Name: Graham Budd Auctions Ltd

FOR OVERSEAS BUYERS
IBAN number: GB64BARC20717460420255

SWIFT/BIC: BARCGB22
*** Important Online Fraud Notice *** Graham Budd Auctions will never instruct you to send money other than to the bank details above. If you receive any communication in respect of payment that you consider suspicious always contact the auctioneer by telephone (not email) for authentication.

STRIPE
If you are a registered account holder at www.grahambuddauctions.co.uk you can pay safely and securely online and free with a Visa or Mastercard. Please quote the 'Buyer Number' printed on your invoice as the reference.

CREDIT or DEBIT CARD
Card payments can be made directly with the auctioneer by telephone with Visa, Mastercard or Amex.
*** Important Online Fraud Notice *** To avoid possible compromise, never email your card details to the auctioneer.

PAYPAL
Our Paypal email is gb@grahambuddauctions.co.uk

STERLING CHEQUE, BANKER DRAFT or BUILDING SOCIETY CHEQUE
Drawn on a recognised UK bank of building society. Please note we require 7 days to clear a cheque before the release of the purchase can be authorised

COLLECTIONS AND SHIPPING LOGISTICS
On receipt of cleared funds, lots can be collected from our storage facility in Enfield, north London. Please contact the auctioneer for the full details and to make a timed appointment. Alternatively, we can organise packing for postage and shipment on a worldwide basis. Please contact us for a quote. On occasions due to high value, complicated customs arrangements or for the need of highly specialised packing, we will recommend a third-part professional packer and shipper.

DATA PROTECTION
GBA will use information supplied by bidders or otherwise obtained lawfully by GBA for the provision of auction related services, client administration, marketing and as otherwise required by law. By agreeing to these Conditions of Business, the bidder agrees to the processing of their personal information and to the disclosure of such information to third parties world-wide for the purposes outlined in the above service provisions, and to the seller solely in the event on non-payment.

MISCELLANEOUS
a) All images of lots, catalogue descriptions and all other materials produced by GBA are the copyright of GBA.
b) Graham Budd Auctions' Conditions of Business shall be interpreted in accordance with English Law, under the exclusive jurisdiction of the English Courts, in favour of GBA.

STORAGE, COLLECTION AND SHIPPING LOGISTICS
On receipt of cleared funds, lots can be collected from the auctioneer's storage facility in Enfield, North London, strictly by timed appointment. Please contact the auctioneer. Payment by cash or card can be accepted at the appointment, otherwise payment must have been made beforehand.
Alternatively, we can organise packing for postage and shipping on a worldwide basis. Please contact us for a quote. Where at all possible we will do this in-house to minimise cost to the buyer. However, for items demanding specialist packing or for larger orders we would seek a quote from an independent professional packer & shipper. Overseas buyers are reminded that it is their responsibility to comply with UK export regulations and with any local import requirements.