Terms of Sale

1. 21st Century Auctions, C21, a Business registered in the State of Victoria, is the Sales Agent for a number of Vendors.
2. DESCRIPTIONS . We endeavour to describe lots fully and accurately. More information is available upon request.
3. RESERVES . The figure in the right-hand column following each lot description is C21s sale price for the lots in Australian dollars.
4. GOODS & SERVICES TAX GST : GST is included in the Reserve price where appropriate.
5. BUYER . The buyer of a lot shall be the person to whom the lot is sold by C21 . In the event of more than one order for a lot being received, the earliest such order shall be successful provided it is paid for within our terms (see6). In the event of a dispute, C21 shall have absolute discretion in the settling of the dispute. A lot is at the buyers risk once it has been sold but ownership, legal title, will not pass to the buyer until C21 has received payment in full for the lot.
6. PAYMENT . Payment is due immediately a lot is sold, or immediately upon receipt of an invoice. Reserved items will be held for 7 days only. NO buyers premium is charged on our PRIVATE TREATY auctions. Payment should always be made in Australian dollars. If payment is made in another currency the buyer shall add the equivalent of A20 Dollars towards bank fees, any resulting credit being placed to the buyers account.
In the event that the buyer does not make payment in full for the lots within 30 days from the date of the invoice, C21 shall have the right to exercise any one or more of the following rights and remedies.
To impose an accounting fee of A10 Dollars per month, or part thereof, plus compound interest at the rate of 2.5 Percent per month, or part thereof, of the total amount outstanding.
To terminate the contract with the buyer, in which case any monies received from the buyer shall be forfeited to C21 .
To terminate the contract and resell the lots at any time, in which case any resulting shortfall, plus costs including accounting fees, interest, insurance and resale expenses, shall be met by the original buyer.
To apply any monies due at any time from C21 to the buyer in payment of the outstanding amount.
To report the default and amount owing to any philatelic trade association and/or to any credit rating company;
To take legal action against the buyer for damages for breach of contract.

SURCHARGES of 1% are made on payments made by Visa or Mastercard. 3% on payments made by Diners. Amex or Paypal.
7. RETURN OF LOTS . A lot may be returned, within a reasonable time, only because of an error in the description: see clause 2 for the definition of the description. A lot that has been inspected by the buyer or by the buyers agent cannot be returned for any reason. A lot that is illustrated in the catalogue or of which an illustration has been supplied to the buyer or to the buyers agent , or is illustrated on our website cannot be returned for any reason that is apparent from the illustration.
Collections, accumulations etc are always offered as is and cannot be returned for any reason. Similarly, other lots offered as is cannot be returned. Small undescribed faults on lower values of a set shall not be reason for return.
8. EXTENSIONS . A request for an extension to submit a lot to a recognised expert or expert committee for a Certificate of Authenticity must be made in writing . C21 shall have an absolute discretion not to grant an extension. In particular, an extension will not normally be granted if the lot is offered with a recent Certificate of Authenticity. If an extension is granted, the buyer must make payment in full for the lot. The amount paid will be refunded in full if the lot is returned with an acceptable Bad Certificate. The inability of an expert to determine genuineness is not a reason for returning the lot. All costs associated with obtaining a certificate shall be borne by the buyer, unless the lot is found to be not as identified in the catalogue in which case all costs associated with obtaining the Certificate shall be refunded to the buyer. A lot described as being defective in any way may not be returned should the Certificate obtained mention any fault not noted in the lot description.
Unless otherwise agreed, nomination of the appropriate expert or expert committee shall be made by C21 , and C21 will be responsible for submitting the lot to that expert or expert committee. Should C21 agree to the buyers nomination of an expert or expert committee, the extension granted will be for a period of no more than 90 days from the date of the auction. If a Certificate has not been obtained within 90 days from the date of the auction, the extension shall lapse and C21 may thereafter refuse to accept the return of the lot.
9. GOVERNING LAW . These Terms of Sale shall be governed by and interpreted in accordance with the laws of the State of Victoria .
10. Submitting an order by any method constitutes acknowledgment and acceptance of these Terms of Sale.