Englisch
Auction Terms
The following terms are accepted unconditionally by the making of verbal or written bids during this auction. Deviations require the written acceptance of both sides.
1. The auction takes place by order and for account of the owner, adherence to the auction ordinance resulting and currently valid legal regulations of the civil and trade code for the commission agents regarding the purchase price in Euro currency.
2. The knock down price is the net price as defined by the VAT-rate and establishes the basis of calculation for a surcharge of 15% having to be paid for by the buyer (customer). The current VAT-rate of 7% or 19 % is then imposed to the total price resulting from the knock down price + surcharge.
3. Foreign customers should consider the currency and import regulations of their country. The auctioneer refuses to accept the responsibility for all the consequences, which could be the result of an offence against one of these conditions.
4. No bids will be considered below the printed estimates stated in the catalog. The estimates will be the opening bids.
5. Written bids will be looked after and carried out for no extra commission. If more than one identical written bid are made, the knock down goes to the first bid to arrive. Bidding rates: 5–10% of actual bid.
6. The knock down follows after three calls of the highest bid, and obliges the high bidder to buy. Disagreements between active bidders will be settled in the discretion of the auctioneer by repeating the call of the lot in question.
7. The auctioneer, at his sole discretion, may withdraw lots from the auction, may make changes as to the printed catalog information prior to the coins being offered, and he may change the sequence in which lots are offered.
8. Every participant at the auction is personally responsible for all purchases made by him. He cannot assert, to have bought for others. Unknown customers are requested, to legitimize themselves before the auction. Orders (bids) of unknown customers can only be made against cash in advance, or bought on account and delivered, with the indication of verifiable references.
9. Shipment (by mail or otherwise) of the goods shall be for the sole cost and risk of the purchaser or receipient. The customer only receives the property after the payment of the total invoice. Nonacceptance or default of payment permits the auctioneer to auction off the article again, at the expense of the customer. In this case, the person could be held responsible for the costs, that may result, although he is not entitled to any profits, that might develop.
10. The total invoice of floor bidders is due at the conclusion of the auction session. Winning written bids are due upon the receipt of the auction invoice. Sums not received within 14 days of the arrival of the invoice are considered late and will be subject to a penalty of 2% and a late charge of 1% interest for each month or portion thereof the payment is late.
11. Only bids in Euro will be considered.
12. We guarantee the genuineness of the objects to be auctioned off.
13. The specifications of the maintenance will be carried out strictly according to customary coin-trading standards. They are subjective descriptions. Complaints are not possible. Justified reclamations from written bidders (because of handle – or frame – print, crammed – hole etc.) must be made within 8 days after receipt of the coin. Coins must be returned in the original container. If and when auctioned in lots, the quantities of individual pieces given, only represent an approximate figure. An error in the allocation of individual pieces to a certain lot cannot be excluded. Such lots are, therefore, excluded from any complaints or objections after the lot is knocked down.
14. All bidders have the opportunity to convince themselves of the correctness of the description and catalogue-quotations. Therefore, complaints concerning these facts cannot be considered, no matter what kind, after the knock down has been acknowledged.
15. Only customers familiar to us may receive lots prior to the auction for inspection on an approval basis. The customer will bear any costs incurred in the event coins are sent out on approval.
16. The auctioneer may restrict persons from the auction for certain reasons. Trade and exchange during the auction, and in the auction-building, are not permitted.
17. Legal domicile and place of transaction (also for collection proceeds) is Kassel in both cases. Only the German text has legal force, this free translation is included only for guidance.
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