This is the new edition of the leading work on the law and practice of auctions. The book looks at every aspect of auction practice from the economics of auction sales and restrictions on trading to criminal and other liabilities of the auctioneer. There is also a chapter on VAT. There have been important recent developments in the field of consumer protection and the book has been substantially revised to reflect these. In addition to general updating the new edition considers the practice of online auctions for the first time. There is also a section on looted art . The book continues to draw on case law from other common law jurisdictions.

Review from previous edition ...the authoritative work on English auction law. ... Unlike many legal books it is accessible to the layman and covers most questions asked by buyers, sellers and auctioneers. ...this book should be the first port of call for commentary on the present position. * Antiques Trade Gazette 13/4/1996 *

Brian Harvey is a former solicitor and Emeritus Professor of property law at the University of Birmingham. He is an honorary member of the Society of Fine Art Auctioneers. Frank Meisel is a barrister and Senior Lecturer at the Aston Business School, Aston. He is an honorary member of the Society of Fine Art Auctioneers.