![]() ![]() ![]() (e) "total amount due" means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions (d) "terms of consignment" means the stipulated terms and rates of commission on which Dreweatts and Bloomsbury Auctions accepts instructions from sellers or their agents (c) "hammer price" means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer (b) "deliberate forgery" means an imitation made with the intention of deceiving as to authorship, origin, date, age, period, culture or source but which is unequivocally described in the catalogue as being the work of a particular creator and which at the date of the sale had a value materially less than it would have had if it had been in accordance with the description (a) "auctioneer" means the firm of Dreweatts or its authorised auctioneer, as appropriate
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