95. Auktion - Münzen & Medaillen - Emporium Hamburg

Terms and Conditions of Auction by Emporium Hamburg (updated: 10/2020)
§ 1 These Terms and Conditions of Auction apply to our traditional floor auctions as well as to our Alpha Auctions (“online timed auction”). By
registering and/or placing a bid the bidder accepts the Terms and Conditions of Auction as binding; this applies as well to the submission of written
bids, and to bids placed by phone or via the internet.
The terms and conditions for mail-order transactions printed on the back of the invoice form are without legal bearing on the settlement of auction
transactions.
§ 2 The auction is conducted on behalf of and for the account of the owners, in compliance with the latest version of the Auctioneers Regulation dated
24 April 2003 (Federal Law Gazette I, p. 547) and with the applicable provisions of German Civil Code (BGB) and German Commercial Code (HGB)
affecting commission agents, the purchase price being payable in cash in euro currency. Goods are delivered by differential taxation, only the goods
marked with a star (*) behind the lot number are delivered by standard taxation.
In floor auction the hammer prices form the calculation basis for the 23,5% premium payable by the buyer for differential taxation (relevant VAT
already included, but not stated on the invoice).
For goods delivered by standard taxation the premium is 16.50% plus the relevant VAT on the entire amount of hammer price and premium.
VAT free coins are also charged with 16.50%. Dealers are asked to provide their sales tax identification number (VAT ID no.) so that delivery can be
made VAT tax free; otherwise, delivery is executed under terms applicable for private buyers with German VAT charged.
Foreign buyers from non-EU countries take delivery free of VAT, but have to pay any other taxes applicable in their country, as well as any import
and export taxes. Surcharge is 16.50% of the final hammer price.
Alpha-auctions entail for differential taxation a premium of 17.50% (relevant VAT already included, but not stated on the invoice).
Standard taxation entails a premium of 15.00%, plus VAT.
The same applies for VAT tax free lots (15.00%) and for foreign buyers from non-EU countries. Foreign buyers from non-EU countries have to pay
any other taxes applicable in their country, as well as any import and export taxes.
The premiums of Alpha Auctions are only valid for pure online auctions, which are titled „Alpha Auction”.
Delivery is only made upon payment of the invoice amount in euro currency. Shipping and export formalities are taken care of by the auctioneer
(shipping costs are charged according to expenditure). The auctioneer accepts no responsibility for any consequences of violations by foreign buyers
of foreign exchange or import regulations in their respective home countries.
§ 3 Payment of the sale price is due immediately for buyers present at the auction unless otherwise agreed; for write-in buyers (bidders) payment is due
7 calendar days after issuance of the auction invoice. For new customers, delivery is only made upon cash payment in advance; the auctioneer reserves
the right to require an adequate deposit to be made. Upon settling the advance payment invoice, the auctioned goods are immediately shipped to the
buyer upon receipt of the invoiced amount. Auctioned items remain the seller‘s property until payment in full of all claims in connection therewith.
Interest is charged at the statutory rate in case of arrears. If payment is not made on time or acceptance of the auctioned goods is refused, the buyer
loses his rights as winner and the item may be re-auctioned. The buyer is additionally obligated to pay damages.
Shipping costs and shipping insurance (at an approx. rate of 0.5% of the hammer price) are borne by the buyer or delivery taker.
Due to current foreign legislation, shipment of auction goods to the following countries is only possible with reservations:
- China: Shipping with an order value (incl. premium and shipping costs) not exceeding € 500.00
- Russian Federation: Shipping with an order value (incl. premium and shipping costs) not exceeding € 200.00
§ 3.1. When accepting our terms and conditions of auction as well as during the process of placing absentee- or live-bids, ALL required personal
data (name, address, shipping address, merchant/private buyer, etc.) must be available for Emporium Hamburg correctly and COMPLETELY.
A request by the customer to have these data changed (e.g. change of the shipping address) belatedly will entail an additional service charge of € 50.00.
§ 4 Prices stated are non-binding estimated prices.
In floor auction bids below 90% of the assessed value are not considered.
In Alpha Auctions the stated estimated price is always the starting price.
The winning bid is declared at the hammer after three verbal or written notifications of the highest bid; the winning bidder is obligated to take acceptance
and pay accordingly. In the event of any disagreements concerning who won the auction, the number will again be called out in the auction
room. Numbers can be combined or divided in auctions. Only individuals in possession of the auction catalog are allowed to enter a floor auction.