Whether you are a new to the world of Auctions or it is second nature to you Lumsden Auctions are guaranteed to make the whole process a smooth from start to finish. Selling through Lumsden Auctions could not be easier, we have a simple step-by-step guide to easily get your items in our auctions
Valuation
Whether you have a whole collection that you are looking to sell or just one particular item, we offer you a free valuation. Get in touch today either by telephone or email and we can arrange valuing your items, either by you making a trip to us or, sending us Photos by email or Whatsapp, or in special circumstances one of our specialists can come to you.
Auction Entries
To enter items into Auction you can simply bring them to us Monday, Tuesday and Thursday, Friday 10.00 till 15.00 (WE DO NOT ACCEPT UNSCHEDULED ENTRIES ON WEDNESDAY) should you require Transport you can email us with the full details attach photos if you can this helps with the estimate on Transport. We contract out our transport to specialists, should you require a quotation for transport please contact us by email or telephone 966 792 839 or you can message our whatsapp number 639 706 891 during office hours, we will pass your details to the contractor and they will be intouch direct to book in your delivery or collection, you can pay them direct or we can deduct it from your sales and pay them on your behalf.
To enter items you are required by law to bring with you or give a copy to our transport a valid photographic I.D. (Passport, Driving Licence, Tie Card etc), our Entries clerk will then open a selling account in your name and issue you with a sellers number card, they will then list your items on an Entry Form. Advise you on approximate selling price and agree and advise on any Reserves you may want to set as a minimum selling price for your items.
Items Not Accepted at Our Auction House:
Any items that fail to sell will automatically be entered into the next appropriate sale, without reference to the Vendor and if applicable attract lotting fees unless the Vendor SPECIFICALLY withdraws the item. The Auctioneers reserve the right to dispose of all unsaleable lots and lots which remain unsold after three auctions (3 weeks), without reference to the Vendor, at the Auctioneers discretion. Please note: Items remaining on the premises unsold or uncollected after 3 weeks will be sold unreserved or disposed of without prior notice to the vendor. It is therefore incumbent upon Vendors to keep track of their items and remove them, if unsold, from the saleroom prior to the 3 week rule, items may also be subject to a storage charge of € 5.00 per item/day after 3 weeks.
Vehicle selling
Documentation required for selling a Spanish registered vehicle is: Permiso De Circulacion, Tarjeta Inspeccion Technica, Latest Paid Suma Bill, copy of Passport or residencia card, copy of NIE document, the vehicle must have an ITV to enable transfer, we ensure transfer is done by our specialist transfer agents ORKE Montesinos, we do not release the vehicle until the transfer is done or a justificante has been raised for the transfer.
Vehicle Selling British vehicle requirements: A V5 document or transfer slip must accompany the vehicle & a copy of passport.
Charges
Lumsden Auctions have a simple fee structure, we charge €0.50 FEE to all lots for handling, cataloguing, photographing and promoting your items. A commission charge (15% + IVA), on the hammer price of your lots. This is only charged when your items have been sold.
NO SALE NO COMMISSION CHARGED
ITEMS CONDITION
Items entered for auction are expected to be in working order unless stated otherwise in the description. Any items found to be unsafe or not functioning as described (e.g., listed as GWO – Good Working Order by the vendor but later found to be faulty) will incur a fee:
€10.00 per small item (e.g., vacuum cleaner, HiFi, etc.)
€20.00 per large item (e.g., fridge freezer, TV, etc.)
This fee will be deducted from the sale proceeds or charged directly to the vendor.
Cataloging
Once your items have been valued and you confirm your decision to consign, our team will begin the auction preparation process. Our experts will catalog your items, provide detailed descriptions, and photograph them for online listing. Your lot(s) will then be added to our auction catalogue.
During Auction - item withdrawal
If a vendor withdraws an item after it has been cataloged and prepared for auction, a fee of €20.00 per item will apply. This fee will be charged directly to the vendor.
Post Auction
On request you will receive a statement detailing your lots and the hammer prices they have achieved also showing our commission fees and any transport fees if applicable then. Once we have received payment on your lots from the buyer, payment will normally be available 10 days after Auction Close, allowing us time to collect your funds from the buyer. Payments are made in Cash or Bank Transfer. New law 13/06/21 limiting cash payments to €999.99 any sums above this must be by Bank transfer, payments can not be split into cash and bank.
Please bring your account card and photo I.D. to collect cash, our Bank transfers are sent every Thursday. Bank Transfers will only be made after the full consignment has been sold, unless otherwise agreed.
Contact
Lumsden Auctions
Calle Los Nazarios 11b
Poligono Los Nazarios
Formentera del Segura
03179 Alicante.
Telephone: 966792839
Whatsapp: +34 639706891 (Only Messages calls not accepted on this number )
Email: info@lumsdenauctions.com
Hours:
Monday to Friday 10:00 to 15:00
OUR GOAL IS SIMPLE – TO ACHIEVE THE BEST PRICE FOR YOU!