Page 83 - BussoPeus A440

CONDITIONS OF SALE
We auction goods as commission agents in our own name and for the account of not named consignors. Participation in the auction shall
be deemed express acknowledgement of the Terms and Conditions of Auction stated here.
The auction takes place with cash payment being due to the authorized representatives of Dr. Busso Peus Nachf. by bidders present at the
sale. For written bids payment is due 10 days after receipt of the respective invoice.
According to the Money Laundering Act (GWG), we are obliged to identify all bidders. As a bidder, you undertake to provide us with all
necessary identification documents (copy of ID, excerpt from the commercial register, etc.) upon request.
The hammer price is the basis for the calculation of the buyer’s surcharge. For buyers from EEC countries the following applies: for
consumers there is a standard surcharge of 25 % (relevant VAT already included). For traders according to the Value Added Tax Act the
surcharge is 25 % (relevant VAT already included) for goods subject to margin taxation; for goods delivered by standard taxation the sur-
charge is 20 % plus the relevant VAT on the entire amount of hammer price and surcharge. Export deliveries to EEC countries shall be free
of VAT upon presentation of the required legal documents.
For buyers from abroad (no EEC countries) the following applies: there is a standard surcharge of 20 %. As far those buyers export the
good in person or by third persons, the relevant VAT will be charged but refunded upon presentation of a valid legal export certificate. If
we export these goods the relevant VAT will not be charged.
For gold coins, which are not subject to the legal VAT, the surcharge is 20 % of the hammer price.
Shipment will be at the buyer’s respectively recipient’s risk and cost. Risk of loss and damage is on the buyer. Purchases by foreign custom-
ers are subject to the customs regulations of their countries; the auctioneer is in no case liable for any consequences due to non-compliance
with such regulations. The auctioneer will take care of consignment formalities.
The adjudication is made to the highest bid called three times and is binding. In case of dispute the number will be called out once more.
The auctioneer is entitled to join, separate or withdraw numbers. The numbers will not be called out of sequence.
Minimum offers up to Euro 100.– Euro 5.–
up to Euro 200.– Euro 10.–
up to Euro 500.– Euro 20.–
up to Euro 1.000.– Euro 50.–
up to Euro 2.000.– Euro 100.–
up to Euro 5.000.– Euro 200.–
up to Euro 10.000.– Euro 500.–
from Euro 10.000.– Euro 1.000.–
Should payment not be made to the auctioneer forthwith or should the adjudicated property be refused, such property will not be handed over to
the purchaser. He rather loses his rights resulting from the adjudication and the property can be put up for auction again at his own expense. The
purchaser is liable for any loss but not entitled to claim any excess proceeds.
Written orders will be carried out conscientiously without commission. Orders from customers who have not established credit with Dr. Busso
Peus Nachf. will only be carried out upon payment of a deposit or by giving satisfactory references. We kindly ask to send in orders well in time.
When identical bids are received by Peus Nachf. for one lot, preference is given to the first bid received as determined by the auctioneer.
Participation in the sale via telephone is only granted in the case of pieces with an estimate of € 1000 or higher. However, the application for tele-
phone bidding stands at least for a bid of the amount of the estimate in every case.
For online bidders: The auction house and the auctioneer are neither liable for disruptions of the online connection nor for the compatibility of the
hardware and software used. Sellers and bidders have no claims against auction house and auctioneer if a bid does not come in time.
Unlimited bids have no right to unqualified execution. We reserve the right to increase any written bid by 2–3 % if necessary.
The purchased property retains the vendor’s title until it has been paid in full.
The descriptions in the catalogue have been conscientiously performed. Printed prices are estimates. Any complaints must be made in writing
within 8 days of receipt of the goods. Forged or falsified items, which have not been identified as such in the catalogue, can be returned and the
purchase price will be refunded. Justified claims will be limited to the net invoice price of the delivery in question. In other respects the auctioneer
and his staff will only be liable when guilty of intent or gross negligence.
If you want to hand over the goods you have purchased to a grading service, we do not guarantee that the coins will be accepted there or that they
will be classified according to our rating.
Multiple lots cannot be returned except for forgeries. Since the number of coins contained in a multiple lot is stated as an approximate one, the
auctioneer does not warrant for deviations in that number.
Place of venue is for both parties Frankfurt am Main, Federal Republic of Germany. Any dispute or controversy arising from or in conjunction
with the auction shall be finally decided by the courts of Frankfurt am Main.
For reason of cost catalogues will be ceased to be forwarded when the customer has neither taken part in an auction nor paid the catalogue charge
of Euro 15,– for a period of 18 months.
Unless otherwise specified the general auction regulations as valid in the federal Republic of Germany are applicable.
These conditions are available in German and English, only the German Version being definitive in the event of any dispute.
DR. BUSSO PEUS NACHF.
Christoph Raab

Deutsche Bank, Frankfurt, IBAN: DE74 5007 0010 0095 0733 00 BIC (SWIFT): DEUTDEFF
Postbank, Frankfurt, IBAN: DE37 5001 0060 0056 6286 00 BIC: PBNKDEFF