68th UPA Auction - Mall auction


Tuesday 09.01.2018

Starting Time Lot Start Lot End
17:00 1 20387
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Universal Philatelic Auctions
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TERMS AND CONDITIONS

THE UPA REDUCING ESTIMATE SYSTEM
Each auction is a compilation of both high and lower value material, with some of the high value material owned by vendors and some by UPA. My belief is that if an item is not selling, it is too expensive. This formula permits us to offer the Unique UPA Reducing Estimate System so that if an item does not sell, it will be reoffered in the next catalogue with the estimate reduced by 11%, and the item will be flagged to show that it has been previously unsold. Each time that item does not sell, it will be reoffered and the estimate will reduce by 11%, then 12%, 13%, 14% etc... accordingly. This allows items to find their own market value.

e.g...
A lot is offered for the first time with an estimate of £100, but it does not sell.
The lot is reoffered in the next auction with an estimate of £89, but it does not sell.
The lot is reoffered in the next auction with an estimate of £78, but it does not sell.
The lot is reoffered in the next auction with an estimate of £67, etc...

(Estimate reductions are ‘ramped’ as above as each time a lot is unsold).
Bids below 80% of estimate have no chance of success. After the auction has closed, on the Friday evening we publish the UNSOLDS list of all lots that may be purchased (on a 1 st come 1 st served basis) at a standard 80% of estimate.

Lots that are previously unsold are denoted US (in bold text) at the end of the description, e.g...
US - previously unsold
US2 - previously unsold twice
US3 - previous unsold three times
etc...

Once a lot has been unsold five times or more and if the estimate has fallen to £12 or less, that lots drop in the BABS category (see below).


BABS : Bag A Bargain System
BABS lots are those items which have been unsold 5 times or more (marked US5, US6 etc...) and have estimates of £12 or less; such items are denoted by (B) at the end of the description. These lots start at 99p and you can bid any amount you wish, at or above this level. Standard bid steps (see below) apply to BABS lots so if you do not wish bid steps (tie-breaks) to apply to BABS lots, please indicate clearly on your bid form.


ESTIMATES
  • Estimates are based upon condition and current market value.
  • All estimates and catalogue prices are in £ GBP and all catalogue prices are S.G. unless otherwise stated. We will state where another catalogue is used and if a foreign currency, we will show the value in Pounds Sterling equivalent.
  • All non BABS lots: bids below 80% estimate will be respectfully declined. Bidders wishing to purchase such lots for less may have the opportunity to do so in subsequent auction(s).

VIEWING
  • Lots cannot be viewed in person, but we are happy to provide scans, photocopies and verbal condition reports of lots as required.
  • There is no charge for this service but please note that we cannot scan/photocopy hundreds of items.
  • We cannot guarantee to provide scans/photocopies for requests made within 2 working days of the closing date.

BUYER'S PREMIUM
There isn't one! The only additional charge we apply is for shipping of heavy lots. If you are a new client or regular bidder you will enter our loyalty POST-FREE system whereby regular bidders for standard-sized lots, participating in 5 out of 6 auctions receive free shipping and insurance.


HOW TO BID
You can submit bids in one of the following ways...
  • Post/mail the bid form at the back of the catalogue to: UPA (Admin), 4 The Old Coalyard, West End, Northleach, Glos, GL54 3HE, UK
  • Online bid form on our website: www.upastampauctions.co.uk
  • Email directly to bids@upastampauctions.co.uk
  • Telephone : +44(0)1451 861111 (our office is open weekdays only 9am to 1pm and 2pm to 5:30pm UK time)
  • Fax : +44(0)1451 861297 (please ensure you fax the correct side of your form!)
Bids are confidential and will not be disclosed to third parties


BID AMOUNTS
We do not accept BUY bids 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 that another bidder may also recognise special value in the same item and bid accordingly. We therefore recommend that you only enter the maximum you are prepared to pay.

You can bid any amount you choose, subject to the minimum amounts (for both BABS and non-BABS lots) as stipulated above.


SPENDING LIMIT
If you are bidding to a budget, you can specify an overall spending limit when you bid. e.g... you can bid on items which, if you were to win them all, may cost £500, but if you specify a spending limit of £300, once your spending limit has been reached you will not win any more items. NB - £60 is the minimum spending limit we can accept.


CONDITIONAL BIDS
We are happy to accept conditional (either/or) bids. Simply list the items in your order of preference and mark them clearly as per the examples below...
lot 1234 @ £35 }                        EITHER
lot 1235 @ £32 } - one lot        lot 1234 @ £35
only                                              OR
lot 1236 @ £37 }                       lot 1235 @ £32
                                                     OR
                                                     lot 1236 @ £37


BID STEPS / TIE-BREAKS
A maximum of 3 bid steps can be applied to all or some of your bids in the event of a tie. Bid steps are applied as follows...
  • Bids up to £39 - bid steps are in £1 increments
  • Bids between £40 and £79 - bid steps are in £2 increments
  • Bids between £80 and £299 - bid steps are in £5 increments
  • Bids £300 and above - bid steps are in £10 increments
If bids are still tied after bid steps have been applied, the earlier bidder takes priority. Bid early to avoid
disappointment!


SHIPPING COSTS
Standard sized auction lots will be shipped Loyalty POST-FREE if you are a NEW / regular bidder (5 out of 6 auctions), otherwise...
UK CLIENTS: (shipping costs regardless of weight):
  • Invoices up to £50 : Post+Packing = £2
  • Invoices between £50 - £100 : Post+Packing = £3
  • Invoices between £100 - £250 : Post+Packing = £4
  • Invoices over £250 : Post+Packing = £7.50
OVERSEAS CLIENTS:
  • Invoices up to £50 : Post+Packing = £2.50
  • Invoices between £50 - £100 : Post+Packing = £3.50
  • Invoices between £100 - £250 : Post+Packing = £6.50
  • Invoices over £250 : Post+Packing = £11.50
Insurance against loss in transit is FREE for the majority of countries. Exclusions include : South Africa, Nigeria, India, Pakistan, Russia, Ukraine and former Russian republics.

Lots described as HEAVY LOT (or similar) may be subject to additional shipping charges.


CERTIFICATES
  • Requests for extension time to obtain a certificate must be made in writing not less than 48 hours before the auction closing time.
  • The name of the proposed expert or expert committee must be provided for our approval
  • The reason for requesting an extension must be stated
  • Requests for extensions are on the basis of authenticity, not condition unless specifically approved by UPA
  • Extensions for single items/sets only value in excess of £100
  • Requests for extensions for items already bearing a certificate will not be accepted unless specifically approved by UPA
  • UPA will submit the item(s) for expertisation unless specifically agreed otherwise
  • Items will not be submitted until payment has been received, unless specifically approved by UPA
  • The purchaser pays for the certificate. If the item is not authenticated, UPA will pay for the certificate
  • Any item described as having faults may not be returned if other faults are mentioned on the certificate of authenticity
NB - Your statutory rights and UPA 30 day total guarantee are not affected


PAYMENT
  • Lots are despatched after payment in full.
  • Payment is due within 30 days of receipt of our invoice.
  • We accept payment by the following methods (no surcharges apply):
  • Debit / Credit card – if you wish UPA to receive maximum benefit from your payment UK cheques, card payments are the most cost-effective. We do accept Paypal but it is the most expensive for us to subsidise.
    • Mastercard *
    • Visa *
      * We particularly recommend this payment method 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. NB - we do not accept American Express or Diners Club.
    • Cheques (payable to UPA) drawn on a UK Sterling account (allow 7 days to clear)
    • Cheques (payable to UPA) drawn on a $ USD account from mainland banks only. (Please allow 28 days for cheques to clear)
    • Bank transfer (net of bank charges) to account...
      Bank : Santander UK plc
      Account Name : N W P J Ltd T/A Omniphil
      BIC : ABBYGB2LXXX
      IBAN : GB84 ABBY 0901 5004 8968 15
      Sort Code : 090150
      Account Number : 04896815
    • PayPal - to account bids@upastampauctions.co.uk quoting your invoice number as your reference. Payment should be made in GBP British Pounds.
Please remember to quote your invoice number when making payment.



STAGGERED PAYMENT SERVICE
  • Payment over two, three or four monthly instalments is available to clients with invoices in excess of £60. 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). Such requests should me made when placing bids.


DESPATCH / SHIPPING
Bidders who provide payment details before the closing date are processed during the first despatch phase (in bidder number order). Clients who request a pro-forma invoice and send payment in response to their invoice are processed in the second despatch phase, in the order that payment was received. We usually get 2,000+ bidders and the first despatch phase takes approximately a week.


REALISATIONS
A list of prices realised is published on our website immediately after invoices have been issued and a printed list of realisation is included with the next catalogue.


LATE SALES
Those Unsold Lots which are available at 80% of estimate may be purchased from the Monday morning following the sale close. They will be available for a limited period on a first come first served basis.


RETURNS POLICY
  • All lots are guaranteed such that any lot may be returned for a full refund. No Quibble. 1st class mail (or standard air mail) is ok for most things but we recommend that you get a proof of posting from the post office in case the item were to go missing. If you are returning goods in excess of £250 we request that you return them by Special Delivery (or Registered Airmail). Goods in excess of £250 returned by 1st class mail (or standard air mail) will be deemed to have been returned at your own risk.
  • Lots must be returned in the condition they were received (in their entirety in their original stockcards or packaging) within 30 days of purchase. Returned lots may not be accepted by UPA if they have been tampered with, e.g. immersed in water, marked by an expert or expert committee, or treated by any other process, unless UPA's express permission has first been obtained in writing.
  • We request that you state the reason for returning any item. This does not affect our guarantee, but it does help us in processing the returned items. We are happy to either refund you for anything returned to us, or if you prefer we can hold the amount as a credit-note which you can use towards your next auction invoice. Please specify.

CATALOGUES
  • Printed catalogues are FREE to regular successful bidders. They will build into an important source of accurate price data.
  • New clients will receive four printed catalogue free of charge, but if you have not bid successfully thereafter we would ask you to either view the catalogue online or subscribe to receive future catalogues.
  • Subscriptions: £25 is the minimum subscription covering supply of the next 3 catalogues wherever you live, despatched airmail if overseas.
  • Our catalogue policy is to reward our valued regular clients with an important real price reference guide.


ADDITIONAL INFORMATION
  • 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 NO QUIBBLE full refund guarantee.
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Universal Philatelic Auctions
4 The Old Coalyard
West End
Northleach
Glos
United Kingdom
GL54 3HE

Phone: 01451 861111
Fax: 01451 861297

More Shop Information

Payment Options:

  • bill
  • VISA-Card
  • Master/Euro-Card

Terms and conditions

Special Auction Conditions:

For new customers the first 60€ of your winning bid are FREE!
See more details on the Auctioninfos

For this auction no commission is charged!.
The only extra added to your purchases is the delivery charge. ...more

× For new customers the first 60€ of your winning bid are FREE!
See more details on the Auctioninfos

For this auction no commission is charged!.
The only extra added to your purchases is the delivery charge.

Lot 12538

Kuwait

  • SG

    19aw

Description

2a vermilion, watermark inverted, fine cds used. [US1] (Start Price = £39.20) (SG catalogue value = £100)


No pictures have been made available by the auction house.

The PHILATELIC AUCTIONEERS STANDARD TERMS AND CONDITIONS OF SALE (1983 REVISION) apply ONLY to an Auction Sale which includes members of the public present in person bidding against each other for themselves or as agents.  The PHILATELIC AUCTIONEERS STANDARD TERMS AND CONDITIONS OF SALE (1983 REVISION) DO NOT apply to a “POSTAL BID SALE” at which “bids” consist exclusively of written or telephoned offers to buy at stated prices of limits, and which does not include members of the public present in person bidding against each other for themselves or as agents.
We reiterate that these Conditions are guidelines only, are not mandatory and, in certain individual circumstances, may not necessarily be good at law.  However, they do offer some protection to the buyer, auctioneer and vendor.  They may be modified or rewritten by individual auctioneers to suit their own individual requirements and we recommend that all persons intending to bid in an auction should read carefully the Conditions set out by the auctioneers themselves.  The Philatelic Traders’ Society Ltd., accepts no responsibility or liability for any legal action or proceedings which may rise from the whole or partial use and/or breach of any of these Conditions by any person.
Philatelic auctioneer’s standard terms and conditions of sale (1983 revision)
Subject to which all lots are offered at this Auction at which members of the public are present bidding against each other for themselves or as agents.
NOTICE: The Auctioneers exercise all reasonable care to ensure that all statements as to cancellations, centring, colour, condition, date of issue or of postal marking, gum, margins, paper, perforation, printing, provenance, quality, sheet position, status, usage, watermarks, etc., in lot descriptions are reliable and accurate, and that each item is genuine unless the contrary is indicated. However, the statements are not intended to be, and are not to be taken to be, statements of fact or representations of fact in relation to the lot. They are statements of the opinion of the auctioneers, and the attention is particularly drawn to Clause 5 of the PHILATELIC AUCTIONEERS STANDARD TERMS AND CONDITIONS OF SALE (1983 REVISION) set out below.  Comments and opinions concerning the characteristics mentioned above which may be found in or on lots as notes, lists, catalogue prices, writing up or any other means of expression, do not constitute part of lot descriptions and are not to be taken as such unless they are made or specifically verified by the auctioneers.
 
Clause 1.
a)  Each lot is put up subject to any reserve price imposed by the vendor.
b)  Subject to sub clause (a) of this clause, the highest bidder for each lot shall be the purchaser thereof, at the fall of the hammer.
c)  If any dispute arises as to the highest bidder, the auctioneer shall have the absolute discretion to determine the dispute and may put up again and resell the lot in respect of which the dispute arises.
Clause 2.
a)  The bidding and advances shall be regulated by and at the absolute discretion of the auctioneer, and he shall have the right to refuse any bid or bids.
NOTE:  Where an agent bids, even on behalf of a disclosed client, the auctioneer nevertheless has the right at his discretion to refuse any such bid.
b)  The purchaser of each lot shall immediately on its sale if required by the auctioneer give to him the name and address of the purchaser and pay to the auctioneer at his discretion the whole or part of the purchase money.  If the purchaser of any lot fails to comply with any such requirement the auctioneer may put up again and resell the lot; if upon such resale a lower price is obtained than was obtained on the first sale the purchaser in default on the first sale shall make good the difference in price and expenses of resale, which shall become a debt due from him.
c)  Where an agent purchases on behalf of an undisclosed client such agent shall be personally liable for payment of the purchase money to the auctioneer and for safe delivery of the lots to the said client.
Clause 3.
a)  The auctioneer reserves the right to bid on behalf of clients and vendors.
b)  The auctioneer reserves the right before or during the sale to group together lots belonging to the same vendor, to split up and withdraw a lot or lots at the auctioneers absolute discretion and without giving any reason in any case (without liability to any potential purchaser).
c)  The auctioneer acts as agent only, and therefore shall not be liable for any default of the purchaser (provided he has not handed over the goods) or vendor.
Clause 4.
a)  Each lot shall be at the purchaser’s risk from the fall of the hammer and shall be paid for in full before delivery and taken away at his expense by a purchaser in the United Kingdom within 7 days from the date of sale and by a purchaser overseas within 14 days from the date of sale or such longer time as shall be agreed in writing between the auctioneers and purchaser.
b)  If any purchaser fails to pay in full for any lot within the time stated in sub clause (a) of this clause, such lot may at any time thereafter at the auctioneer’s discretion, be put up for sale by auction again or sold privately; if upon such resale a lower price is obtained than was obtained on the first sale, the purchaser in default on the first sale shall make good the difference in price and the expenses of resale, which shall become a debt due from him.
c)  Interest shall be payable by the purchaser on any overdue account.
Clause 5.
a)  Each lot is sold as (1) GENUINE unless otherwise described in the sale catalogue or by the auctioneer and (2) CORRECTLY DESCRIBED (see also Clause 5(f)).  The date of any certificate forming part of the description of any lot will be included in the description.
b)  A purchaser shall be at liberty to reject any lot if he (i) gives the auctioneer written notice (if possible before the sale) of intention to question the genuineness of, as the case may be, the accuracy of that description of the lot within 7 days (or in the case of an overseas purchaser to be in the auctioneer’s hands within 21 days from the date of sale) AND (ii) proves that the lot is not genuine or was incorrectly described; AND (iii) returns to the auctioneer within 30 days from the date of sale, the lot in the same condition as it was at the time of sale; provided that the auctioneer may, at his absolute discretion, on receiving a request in writing from the purchaser, extend for a reasonable period the time for the return of the lot, to enable it to be submitted to an agreed expert or expert committee.
NOTE: The onus of proving a lot not to be genuine, or incorrectly described, is on the purchaser.  The inability of a recognised expert or an expert committee to express a definite opinion shall serve to discharge the onus on the purchaser and shall be a ground for rejecting the lot concerned.
c)  Where a lot has been submitted for an expert opinion, all costs for such an option shall be paid by the person who retains the item or items to which the opinion relates.
d)  Where the purchaser of a lot discharges the onus and acts in accordance with sub clause (b) of this clause, the auctioneer shall rescind the sale and repay to the purchaser the purchase money paid by him in respect of the lot.
e)  No lot shall be rejected if, subsequent to the sale, it has been immersed in water, marked by an expert or expert committee, or treated by any other process, unless the auctioneer’s permission to subject the lot to such immersion, marking or treatment, has first been obtained in writing.
(NOTE:  Many Continental experts now mark forged stamps; therefore it is essential for permission to be obtained from the auctioneers BEFORE submitting to these experts).
f)  Any lot listed under “collections and various” or stated to comprise or contain a collection, issues or stamps, which are undescribed, shall be put up for sale, not subject to rejection, and shall be taken by the purchaser with all (if any) faults, lack of genuineness, and errors of description, and numbers of stamps within the lot, and the purchaser shall have no right to reject the lot; except that, notwithstanding the foregoing provisions of this sub clause, where before a sale a person intending to bid at the sale gives notice in writing to, and satisfies the auctioneer that any such lot contains any item or items NOT described in the sale catalogue, and that person specifically describes that item or those items in that notice, then that item or those items shall, as between the auctioneer and that person, be taken to form part of the description of the lot for the purposes of sub clauses (a), (b) and (d) of this clause.
g)  No lot illustrated in the catalogue shall be rejected on the ground of cancellation, centring, margins, perforation or other characteristics clearly apparent from the illustration.
Clause 6.
The respective rights and obligations of the parties shall be governed and interpreted by English Law, and the buyer hereby submits to the non-exclusive jurisdiction of the English Courts. ×

Public Auction

Minimum bid

39.00 GBP
(app. 44 EUR)

End date of bidding:

Tuesday 09.01.2018, 17:00 GMT

We cannot accept bids for the item anymore!

Current Auction Time (MET): Sunday 18th 2018 February 2018 - 03:26