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Stamp Auction Index > Conditions of Sale

Conditions of Sale


By placing a bid in this auction, the bidder agrees to abide by the following conditions of Sale :
Bidding
  • By placing a bid, the bidder agrees to the conditions of sale as set out on this page.
  • Placing a bid on a lot is a binding contract between the bidder and Namib Stamp Auctions. A bid can be retracted / changed up to one hour before auction closing time.
  • In the event of 2 or more similar bids received for a specific lot, the first bid received will be awarded the lot.
  • Bid amounts of less than two-thirds of minimum estimate will not be accepted. 
  • All lots are sold subject to possible reserves imposed by the seller.
  • The cost of postage and packing will additionally be added to the invoice total.
  • VAT at 15% will be added for Namibian bidders. Exported lots will not attract any VAT.
  • All items are sold as genuine, and guaranteed as such for a period of 3 years. In the event that an item is proved as not being genuine, the full purchase price will be refunded, provided that proof can be provided by more than one expert / certificate.
  • Cost of expertisation will be charged to the buyer of the item. Expert Certificates and signatures mentioned as part of an items description, are decisive regarding quality.
  • Currency of the auction is in South African Rands (ZAR). We provide a link on every auction page to a universal currency converter, for easy conversion to your home currency.
  • The auctioneer have the right to refuse any bids, or otherwise to withdraw a lot.
  • Bids may be submitted via the bidding form, email or fax.
  • "Bids at best" are not encouraged. 

Return of Incorrectly described lots

  • Incorrectly described lots should be returned within seven (7) days of receipt.  Such lot(s) must be returned intact by registered airmail.
  • Non-returnable lots include : 1. Lots having been viewed by bidders on our premises; 2. Lots described with defects and / or faults; 3. Bigger lots and accumulations of 3 or more items with minor defects that has been described as containing small imperfections. 4. Covers with defective back flaps, minor creases and small tears not affecting stamps or other markings.

Payment

  • Successful bidders will be notified by email, and must remit (in full) before any lots are sent. 
  • Payment of amount due within 7 days of Invoice date.
  • Amounts unpaid after 7 days will attract an additional 5% levy.
  • If you're planning to spend a big amount - credit facilities can be provided by prior arrangement.
  • Preferred method of payment is by Credit Card.  We accept the following Credit Card Types : Visa, Mastercard, American Express and Diners Club. (we do not charge any surcharge for Credit Card Payments.  We also accept StormPay
  • Credit Cards will be charged in South African Rand at a rate of no less than USD1 = ZAR6
  • For Southern Africa we also accept direct bank deposit (Nedbank), or bank guaranteed cheques mailed within 7 days of Invoice date.
  • Other payment methods by prior arrangement.
  • PayPal payments not yet possible, but should be available in a few months from now.

Legal Disputes

  • Placing of bids constitutes acceptance of the foregoing conditions of sale. In the event of a legal dispute arising, the agreed jurisdiction will be that of the Swakopmund Magistrate's Court.

Bidding Increments

  • up to R 50 by 2
  • R 50 to R 150 by 5
  • R 150 to R 300 by 10
  • R 300 to R 750 by 25
  • R 750 to R 1 500 by 50
  • R 1 500 to R 3 000 by 100
  • R 3 000 to R 10 000 by 250
  • R 10 000 to R 20 000 by 500
  • R 20 000 +   by 1 000

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