On rare occasions, LANGTONS may need to withdraw a lot from an auction — sometimes before bidding opens, and, less often, after bidding has begun. This article explains when and why that may happen, and what it means for you.
Why a lot may be withdrawn
Acting reasonably, LANGTONS may withdraw a lot for reasons including, but not limited to:
- an operational or cataloguing error
- a concern about title, provenance or the accuracy of a description
- a matter affecting the integrity or fair conduct of the sale
- a request or circumstance affecting the Seller
Withdrawal before bidding
Where a lot is withdrawn before any bid has been placed, it simply does not proceed to sale. No buyer is affected.
Withdrawal after bids have been placed
Occasionally, a lot may need to be withdrawn after one or more bids have already been made. Where this occurs:
- the withdrawal is made at LANGTONS' reasonable discretion
- any bids on the lot are voided, and no sale results
- where the withdrawal affects a buyer or the Seller, we will notify the relevant parties in writing, with the reasons, where reasonably required
- if any amount has been charged in respect of the lot, it will be refunded to the original payment method
We understand that a withdrawal — particularly of a lot you were bidding on — can be disappointing. It is never done lightly, and only where we consider it the right and fair course.
This is not the same as a passed-in lot
A withdrawn lot is removed from sale by LANGTONS. A passed-in lot is one that did not reach its reserve — a different matter, which may lead to a second chance offer. See Second chance offers explained.
Worth knowing
If a lot you were following is withdrawn and you would welcome guidance on comparable wines, our specialists are glad to help.