Selling

Buying and selling here at Featonby’s is a straightforward process. Selling antique furniture or any other item is simple – all you need to do is make sure that you register with us beforehand. Better yet, the beauty of selling through auction is you can fetch more than the item’s market price – meaning there’s plenty of profit to be had when you sell your antiques and collectibles with Featonby’s.

What you need to do

When selling at our auction house rather than through an antique dealer, you will need to fill in an entry form. This has to be signed and must include a clear list of the goods you are selling on the reverse side. You must also ensure that you include any reserve prices (the lowest price you are willing to accept for your item) – to avoid confusion during the auction itself.

Selling Commission is 22.5% (including VAT). On top of this we charge an additional fee of £2.00 (plus VAT). This lot charge will be each week your item is in the sale. This fee is payable by the seller on a per lot basis and covers insurance and handling.

When we accept goods

We are happy to accept any goods you wish to sell through our auction house. Some items will be sold separately, however some may be sold in grouped lots to increase collective value.

We accept goods for auction every day of the week apart from Wednesdays and Thursdays, Monday goods have to be in by 1pm at the latest so we can lot up for our weekly sale.

For antique sales, including pieces of furniture, please contact our office to arrange a suitable time for us to either collect the items or for you to deliver them.

Our office opening hours are: Monday to Friday, 9am-5pm, and Saturday 9am-1pm.

OFFICE AND SHOP FLOOR ARE SHUT BETWEEN 1PM-2PM FOR LUNCH.

The selling process

Here is a quick guide to our super-easy selling process:

• Assess whether you require a collection for your items
• Keep in mind what price you want for your items – before our antique valuers give it the benefit of their expertise
• Our valuers will then value your items. Experts in both art valuations and antique valuations, they will find a good price for your items
• Items are then sorted into lots and organised for a Wednesday viewing
• Items are sold at auction on a Thursday
• Profits are paid via bank transfer only, money is not released until 2 weeks after, accounts have to requested if all items are sold.

For a more detailed description of the selling process, visit our walkthrough page.

Important note: Electrical, Gas and Mechanical goods

Any electrical, gas and mechanical goods you wish to sell at auction must be in perfect working order. They must also comply with all safety regulations, as failure to do so will result in them being disposed of without notice.

The full commission will be charged on goods sold which do not comply with these conditions.

Payment

Payment for goods sold will be made to you on the 2nd Friday following the auction. From 1st July all payments will be paid via bank transfer.

Valuations

Featonby’s boasts an expert team of valuers and great connections in the auction community, giving us the ability to accurately evaluate and price a range of different goods – from vintage cars through to musical instruments and antique furniture. You can get in touch with our valuations team at valuations@featonbys.co.uk.

If you have any queries about any of our services – from our house clearance services for the Newcastle area, to buying and selling – then please do not hesitate to call us on 0191 252 2601.