Guide for Bidders 1.
Lots will open at 80% of the estimates listed in the catalogue. No bids under this will be accepted. 2. The price paid by the bidder is calculated as follows: hammer price + 15% buyer’s commission + applicable Value Added Tax (VAT) for lots delivered in Germany. Lots exported outside of the European Union will not be assessed VAT, but bidders are responsible for respecting customs laws of the countries to which they wish their lots to send. 3. Bidders can submit written bids with the accompanying bidsheet. 4. If you are bidding in our auction for the first time, please give us the name of another dealer that knows you well as a reference. If you are unable to do this, we can only send you your lots after your invoice has been paid in full. 5. Payment may be made by cash, valid cheque, bank/post wire or credit card (EC, VISA, American Express, ec-cash). You‘ll be charged with 3.5% if you‘ll pay by credit card. For bidders outside Germany, we recommend payment via postal money order (“Postgiro“). High supplemental charges can occur if payment is made by cheque or bank wire. 6. The ideal way to take part in one of our auctions is, of course, to attend in person. Up to the time of the sale, and even between the sessions, you will be able to inspect the lots at your leisure. This way, you have no shipping charges, you will have seen the lots yourself and there will be no chance of loss or theft in the mail. 7. Any loss in the mail is covered by our own insurance. 8. The lots are sold as viewed. Returns are not permitted. For this reason as well, attendance in person is recommended. 9. For lots sent by mail a charge will be added following the conditions at the end of the catalogue. 10. A subscription for four catalogues costs 45 €. If you like to subscribe to our catalogues, please credit the appropriate amount to our Postbank account. The price for a single catalogue is 15 €. 11. The Conditions of sale at the end of the catalogue will be used as guidelines in case of dispute.
Guide for Consigners 1.
We guarantee you a competent description of your coins and quality presentation of them in our catalogues. 2. Our catalogues reach a vast international clientèle which is constantly augmented by our presence at the largest international coin shows. We have one of the best clientele lists worldwide. This promises favorable results when we auction your coins. 3. Coins with estimated value of over 200 € will be sold as individual lots. 4. We also accept coins of lesser quality for our auctions, and sell them as lots, which, experience has shown, bring good prices. 5. For consignments with a value over 5.000 € we may bear the transportation costs. For deliveries over 50.000 € we may personally collect the items at an arranged place after prior consultation. Upon consultation, the shipping of your goods could be covered by our insurance. Just give us a call. 6. You will not be charged any fees for lots of yours which do not sell. 7. Our seller’s commission depends on the quality and value of the items consigned. 8. We estimate your coins according to current market value. Artificially high reserves will not be accepted. 9. At consignment you will receive a photocopy of your coins as confirmation. Three weeks before the auction, we will send you a listing of your coins that are in the sale, with their corresponding estimates. This way, you are fully informed about the status of the coins you have entrusted to us. 10. Payment to consignors is made 54 days after the close of the sale. 11. Would you like to receive copies of our contracts for consigner without making any commitment or do you have any other questions? We will be pleased to help you. Please call on +49-(0)89/24 22 64 3-0
English