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 12540

Kuwait

  • SG

    27

Description

5r ultramarine and purple, fine cds used. [US1] (Start Price = £142.40) (SG catalogue value = £325)

Terms and Conditions of Burda Auction, s.r.o. Auction House

By the submission of bids, the following Terms and Conditions of the Auctioneer are recognised and accepted:

I. General Provisions

  1. These Terms and Conditions are issued to direct and manage the sales of philatelic and other collectable items at auctions of Burda Auction, s.r.o.

  2. Under the Terms and Conditions, the auctions are conducted as is customary in the international trade with philatelic and other collector's items and in conformance with the legal regulations of the Czech Republic.

  3. Only the clients of the Auction House and other persons approved by the Auction House are eligible for the auctions.

  4. The Auction House is Burda Auction, s.r.o., Identification No. 27697754, with the registered office at Dejvická 306 / 9, 160 00, Praha 6.

  5. The dates of the auctions can be found at the Auction House's website, www.burda-auction.com, in the auction catalogue, in the media, etc.

  6. The Terms and Conditions are binding on all auction participants and such participants undertake to comply with them.

II. Glossary of terms used

The following is a glossary of the terms used in the Terms and Conditions:

  1. item – collected stamps or other collectible as listed by the auction catalogue under a unique number;

  2. auctiona form of the sale of stamps and other collectables with items being sold for the highest bid price by a previously unknown number of buyers. The title to the item is transferred to the successful bidder after its price and an auction fee is paid;

  3. auctioneer - is a person appointed by the auction house to direct and manage the auction, carrying out on behalf of the auction house all the steps required such as opening and managing the auction, directing the bidding and stopping the bidding by indicating the winning bidder;

  4. item owner - natural person or legal entity who is interested in an auction taking place and has signed a written sales contract with the Auction House for a particular item in an auction;

  5. burda|LIVE BIDDING – special web application for online bidding in real time from any place;

  6. absentee bid – a bid made by a prospective buyer prior to the auction and sent in via the Auction House's website, by e-mail at info@burda-auction.com, or by filling in and sending to the Auction House a form inserted in the printed catalogue. Such bids are accepted no later than one day prior to the auction. A written bid cannot be sent in by fax;

  7. opening priceis the minimum price of an item listed in the catalogue. In the auction, the Auction House will not accept bids lower than the opening price;

  8. starting priceequals the minimum of opening price or opening price increased by absentee bids. The starting prices are published prior to the auction at the website and, in the printed form, and can be found by the prospective buyers at the Auction House;

  9. auction participantlegal or natural entity eligible for auction. An auction participant may only be a registered client of the Auction House and may not be the owner of an item or person acting in favour of the item being sold for the owner. A buyer must be a legally competent person (in the sense of the provisions of Section 3 of Act no. 26 / 2000 Coll.), older than 18 years of age, complying with the Terms and Conditions, and customs of decent and adequate behaviour at an auction, and a person who has not obstructed any previous auction of the Auction House. Nobody is allowed to bid on behalf of such persons as described by the previous sentence. The auction participants must prove their identity by submitting valid identification documents such as an identity card, or passport. Taking part in the auction may also be conditioned by depositing an auction security if so required by the Auction House. From the Auction House, an auction participant will receive a number with which he or she will take part in the auction.

  10. auction cataloguea coloured printed list of items to be offered for sale in a particular auction to the Auction House clients. A catalogue is also published at www.burda-auction.com.

  11. successful bidder (buyer)is an auction participant placing the highest bid as publicly indicated by the auctioneer. After paying the price, the buyer will become the owner of the item.

  12. Auction House clientsauction participants interested in buying stamps and other collectibles in auctions held by the Auction House and registered by the Auction House. The clients are not legally entitled to registration and the Auction House may refuse registration at its discretion without giving any reason. If a client violates the Terms and Conditions, his or her registration may be revoked.

III. Conducting an auction

  1. Information about auction items is provided by the Auction House at its website and in a printed auction catalogue. An auction participant is encouraged to personally inspect all the auction lots at pre-sale viewings and during the auction in the Auction House office. Those interested in inspecting the auction lots are obliged to comply with the measures undertaken by the Auction House to protect the auction property.

  2. An auction is opened by a representative of the Auction House, who may announce last changes in the auction catalogue. Such changes can also be found at the Auction House website.

  3. An auctioneer conducts the auction of individual lots in the order as listed in the catalogue. After the auctioneer announces the staring price, the prospective buyers place bids with the auctioneer by raising their numbers, via burda|LIVE BIDDING, through an auction agent, or by phone in cooperation with a person authorised by the Auction House. The prospective buyers may place several bids for a single lot, only the highest one being valid. The auctioneer must always act in a way that is the most advantageous to the prospective buyers by increasing the written bid, the bid via burda|LIVE BIDDING or by a prospective buyer in the auction room by a single minimum increment as given by the below table. A buyer bidding via burda|LIVE BIDDING or by phone is bidding at his or her own risk. The Auction House is not responsible for problems with connection due to an Internet or phone failure.

  4. Minimum bid increments made by the auctioneer

     

From

To

Bid increment

0 CZK

1.900 CZK

100 CZK

2.000 CZK

3.800 CZK

200 CZK

4.000 CZK

9.500 CZK

500 CZK

10.000 CZK

39.000 CZK

1.000 CZK

40.000 CZK

98.000 CZK

2.000 CZK

100.000 CZK

195.000 CZK

5.000 CZK

200.000 CZK

490.000 CZK

10.000 CZK

500.000 CZK

980.000 CZK

20.000 CZK

1.000.000 CZK

and more

50.000 CZK


 

The auctioneer shall decide on the order of bids. Absentee bids not conforming shall be reduced to the appropriate level.

  1. If no auction participant places a higher bid, the auctioneer will repeat the last bid made and, by knocking a hammer, closes the bidding for a particular lot, which means that the successful bidder with the highest bid is entitled to buy the lot for the price of the successful bid (the price is increased by a commission). The buyers are bound by their bids, which constitute an irrevocable contract of sale for the item offered for sale. The price of the successful bid cannot be lowered.

  2. All objections, protests, and suggestions to the way the auction is conducted are finally dealt with by the Auction House respecting the rules of fair trade and international auction customs. The objections, protests, suggestions, and notifications must be made directly in the auction room otherwise they will not be taken into consideration.

  3. The Auction House reserves the right to interrupt an auction, postponing it to a later date especially for serious technical reasons such as connectivity or power failure preventing the Auction House to provide support for the auction.

IV. Method of payment

  1. Items bought in an auction must be paid for within 7 days after the close of the auction unless otherwise agreed with the Auction House.

  2. In addition to the price bid, the successful bidder is charged by the Auction House a commission (buyers premium) of 19 percent. For lots denoted by D+, the successful bidder must pay a commission of 15.7 percent of the price plus VAT given by the legal regulations currently in force of the price bid by the successful bidder increased by the commission.

  3. The total price stated in an invoice can be paid:
    - personally in cash; by credit card
    - by a bank transfer (into the account indicated by the invoice);
    - by an online credit card payment - via GP webpay (VISA, MASTERCARD);
    - via PayPal.

  4. The title to an item is transferred to the successful bidder buyer its price plus the commission has been paid.

  5. Auction obstruction - an auction may be obstructed by an item being not paid for or not collected. If an auction is obstructed, the Auction House is entitled to a fine of up to 20% of the price bid by the successful bidder and the successful bidder must pay such a fine immediately. In addition, the Auction House may refuse to admit such a person to further auctions.

V. Collection of item purchased

  1. The successful bidder is obliged to collect the paid for item no later than 20 days after the auction unless otherwise agreed with the Auction House.

  2. The Auction House will hand over the item in person or send it to the address indicated by the successful bidder. The flat-rate shipment will not be charged if the item is collected in person at the Auction House. If the item is sent by post to an address in the Czech Republic, a flat-rate shipment of 120 CZK is charged or 140 CZK for a C.O.D. shipment.

  3. The flat-rate shipment outside the Czech Republic is calculated in advance by a special computer program based on the current rates charged by the Czech carriers, mainly by Česká pošta, s.p. The flat-rate shipment fee charged may be different from the postage (passage money) actually charged by the carrier. This does not constitute a reason for complaint or entitlement to being given back the money.

VI. Complaints

  1. While the description of the auction items is made in good faith based on expertise and information generally available, it may not guarantee the condition described. The Auction House website provides additional and updated information on each item (front sites, and mostly also back sides of all items, also images from colletions etc.). The printed auction catalogue as a promotion document may not include complete information on an item.

  2. It is the item's owner who is responsible for its genuineness and quality not the Auction House.

  3. Written complaints can be sent to the Auction House's address. Returning items by a C.O.D. shipment is excluded and the Auction House will refuse to take over all such shipments sending them back to the sender. The deadline for filing complaints with the Auction House is 20 days of the date on which the auction was closed.

  4. This deadline for filing complaints with the Auction House may be extended if the buyer asks for this because of the time needed to have the item checked for genuineness by an expert, which is always done at the buyer's expense. The buyer must inform the Auction House of this by the above deadline. The item complained about must be returned in the original condition and packing.

  5. A complaint cannot be filed:
    - about the defects apparent from the description or image of an item available at the Auction House's website;
    - about a lot composed of 10 or more items (series, lots, mixed lots)
    - about lots marked KVP in the text (quality to be viewed)
    - about lots denoted [SBÍRKY] (
    collections).

  6. In view of the above, the Auction House encourages personal inspections of items. The auction participants agree that the Auction House conducts the sale of items (collections, lots, and accumulations) as is within the meaning of Section 1918 of the Civil Code and their defects cannot be complained about.

VII. Export abroad

  1. The sale and export of objects is governed by Act No. 71 / 1994 Coll. concerning objects of cultural value as amended. Such objects can only be exported from the Czech Republic after submitting an official document certifying that such objects are not cultural monuments. The auction participants must acquaint themselves with the sale conditions for objects of cultural value as set forth by Act No.71 / 1994 Coll.

  2. For a consideration, the Auction House can offer an expert's opinion of an object as a basis for an export certificate.

VIII. Protection of personal data

The Auction House treats the personal data in conformance with the current legal regulations, in particular Act No. 101 / 2000 Coll. The buyer's personal data stored will not be shared with applications of third parties. By providing their personal data, auction participants consent to the data being processed by the Auction House to offer its products and services and disseminate information on the activities of the Auction House, pursuant to Act No. 480 / 2004 Coll., for a period ended by the consent being revoked. The Auction House may assign the processing of personal data to a third-party supplier.

IX. Copyright

Unless otherwise explicitly agreed on, the Auction House is the owner of the copyrights to all the content published by its website, catalogue, and any other printed materials. Thus, the content may not be used without the Auction House's prior written consent. An exception may be use for non-business purposes provided that the content is not modified or further disseminated. Even after the title to a property is transferred to the successful bidder, the Auction House may use the image and text description of the property.

X. Final provisions

  1. These Terms and Conditions are binding on all auction participants and item owners, who are obliged to acquaint themselves with the details of the Terms and Conditions.

  2. After-auction sales of items are governed by the Terms and Conditions.

  3. For any disputes, rights to be exercised, and obligations to be met, the Czech version of the Terms and Conditions will prevail. All legal acts under the Terms and Conditions are governed by the law of the Czech republic. In the event of a litigation concerning the mediation of purchase and sale of an item in the auction, the competent court is the court for the district of Praha 6.

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Public Auction

Minimum bid

142.00 GBP
(app. 161 EUR)

End date of bidding:

Tuesday 09.01.2018, 17:00 GMT

We cannot accept bids for the item anymore!

Current Auction Time (MET): Tuesday 20th 2018 February 2018 - 09:50