217th Karl Pfankuch & Co Auction
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Karl Pfankuch & Co
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Conditions for Auctions

In accordance with the recommendations of the Bundesverband Deutscher Briefmarkenversteigerer eV. (Federal Association of German Stamp Auctioneers, Reg.)
– in compliance with the conditions authorized by the Bundeskartellamt (Federal Anti-Trust Comission) –
 

1. The auction is held voluntarily and in public. The auction is held in the name of the vendor and for his account.
The auctioneer is legally obliged to name buyers as well as  sellers upon request of the respective other contracting party. The auctioneer is authorized to assert all rights of the seller arising from his contracts and from the awarded bids in his own name.

2. Lots are knocked down to the highest bidder after the third call. However, the auctioneer has the right to refuse to knock down lots, to divide, recombine or withdraw them. In unclear cases the auctioneer has the right to re-offer the lot.

     For the respective prices the minimum increases amount to:
 

    to Euro 25,- Euro 1,-
from Euro 25,- to Euro 50,- Euro 2,-
from Euro 50,- to Euro 250,- Euro 5,-
from Euro 250,- to Euro 500,- Euro 10,-
from Euro 500,- to Euro 2500,- Euro 20,-
from Euro 2500,- to Euro 5000,- Euro 50,-
    above Euro 5000,- Euro 200,-


 

3. The auctioneer receives a commission from the buyer amounting to 17 % of the hammer price, as well as 1,- Euro for each lot purchased, for the disphto an additional charge for postage + insurance costs will be added. For the commission, the lot fee and the dispatch costs the legal value added tax is charged (19 %). For the lots marked “+” domestic buyers and buyers from within the European Union an additional value added tax on the hammer price. For delivery to countries not belonging to the European Union the value added tax does not apply, if the mailed by the auctioneer.

4. Bidders are abliged to take the lots knocked down to them. On the fall of the hammer the liability for risk of all losses or defects that may occur is passed on to the buyer. Property of the item bought at the auction is transferred to the buyer after payment has been made in full to the auctioneer. The lots have to be taken over immediately after the auction. In case the buyer wishes shipping, the cost of mailing is at this cost and risk.

5. Whoever makes a bid for a third party, will be liable as joint debtor besides that party. The amount of the invoice is to be paid immediately by floor-bidders, otherwise on receipt of the invoice.

6. The auctioneer reserves the right to exclude persons from the auction without giving any  reasons.

7. The descriptions of the catalog provided to the best of our knowledge and belief are no warranted properties. The auctioneer is not liable for any defects. He commits himself, however, to transmit without delay complaints about defects to the consignor, the latter having to be brought to his attention two weeks after closure of the auction at the latest. In case of reserved transaction the auctioneer will reimburse the purchase price to the buyer; any further claims are excluded. Defects already visible in the illustrations do not give cause for complaint.
    Accumulations, remaining lots or duplicate lots cannot be subject of complaint. The lots provided for the auction     can be viewed before the auction. Incidentally, complaints will be excluded, if stamps have been altered after     handing over. As alterations are also considered the removal of hinges, hinge remainders or paper adhesions,     the immersion in water, the treatment with chemicals and the addition of marks of any sort, in particular control     and secret marks except for those by the Association’s Expertizer.

8. If desired, viewing shipments can be requested immediately after receipt of the catalog at the customer’s cost and risk, if their return is guaranteed within 24 hours. If the return is not in time, the buyer is liable in full for the hammer price. Mint stamps and accumulations cannot be sent on approval.

9. Purchasing contracts in written or via telephone will be fulfilled conscientiously and in compliance with the interests set out according to the Conditions for Auctions (Fig. 2), however without guaranty. In case of bids “at best” or “at any price” or similar offers we shall bid up to three times the start price.

10. In case of default an interest rate of 1 % will be charged for every month starting from the !5th day after the auction or delivery. Besides, the auctioneer can at this option require fulfilment or after setting a deadline claim compensation of damages for non-fulfilment; the compensation of damages can in that case be calculated in a way that the lot can be put up for auction a second time and that the defaulting buyer will be charged for a lower proceed as compared to the former auction and that he will have to be charged the auctioneer’s special costs of the repeat auction inclusive of the commission plus fees.

11. Claims of any kind relating to the seller or the auctioneer will expire 6 months after the auction at the latest.

12. Place of fulfilment and court will be Braunschweig. German law will be apply, the regulations of (international) commercial law will not be valid.

13. Should any of the above conditions be invalid in part or in full, the validity of the remaining conditions will be unaffected.



Karl Pfankuch & Co, Hagenbrücke 19, 38100 Braunschweig
Owner Peter Sieberath, auctioneer for stamps
(Translation of “Versteigerungsbedingungen”, the German text being legally authoritative)

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Information for Online Disputes

"Online Dispute Resolution" (ODR platform by EU regulation)

Link to EU online dispute resolution (splatform)

Information according to Paragraph. 14 of EU Regulation no. 524/2013 (ODR Regulation)


Information for online dispute resolution: The European Commission presents an Internet platform for online dispute settlement (so-called "ODR platform") as a focal point for the extrajudicial settlement of disputes concerning contractual obligations arising from online contracts on goods or services used.

The EU Commission OS platform can be accessed at the link: https://ec.europa.eu/consumers/odr

We can be reached via e-mail address: info@karl-pfankuch.de

Imprint

Karl Pfankuch & Co
Inhaber Peter Sieberath
Hagenbrücke 19
38100 Braunschweig

Tel.: 0531-45807
Fax.: 0531-44779
info@karl-pfankuch.de
www.karl-pfankuch.de

Steuernr.: 14/139/07110
Umsatz.Ident.Nr.: DE 114866148
Handelsregister Braunschweig 6568 ×
217th Karl Pfankuch & Co Auction

Auction Date: August 02, 2018

Karl Pfankuch & Co.
Hagenbrücke 19
38100 Braunschweig

Tel: 0531/45807
Fax: 0531/44779

More Auction Information

Payment Options:

  • bill
  • Bank transfer
  • VISA-Card
  • Master/Euro-Card
  • Euro checks
  • U.S. $ checks

Terms and conditions

Information for Online Disputes

Special Auction Conditions:

The auctioneer receives a commission from the buyer amounting to 17 % of the hammer price, as well as 1,- Euro for each lot purchased, for the disphto an additional charge for postage + insurance costs will be added. For the commission, the lot fee and the dispatch costs the legal value added tax...more

× The auctioneer receives a commission from the buyer amounting to 17 % of the hammer price, as well as 1,- Euro for each lot purchased, for the disphto an additional charge for postage + insurance costs will be added. For the commission, the lot fee and the dispatch costs the legal value added tax is charged (19 %). For the lots marked “+” domestic buyers and buyers from within the European Union an additional value added tax on the hammer price. For delivery to countries not belonging to the European Union the value added tax does not apply, if the mailed by the auctioneer.

Lot 2224

Europe - Poland

Description

100 Zloty 1982, Johannes Paul II., Y.136, Auflage in PP nur 3.750 Exemplare.

Automatically generated translation:
100 zloty 1982, Johannes Paul II., Y. 136, printing in PP only 3.750 copies.

Terms of auction



We auction goods as commission agent in our own name and for account of not named consignors. Participation in the auction shall be deemed express
acknowledgement of these Terms and Conditions of Auction.

The hammer price is the basis for the calculation of the buyer‘s surcharge. The buy price is hammer price plus 20% surcharge (relevant VAT included
in the premium). All buyers from countries outside the EC pay a fixed buyers fee of 17%. In case buyers from abroad (no EC country) export the goods
by themselves or third parties, the relevant VAT will be charged but refunded by presentation of the legally export certificate. In case we export these
goods the relevant VAT will not be charged. For gold coins which are free of VAT, we charge a buyer‘s fee of 15%. All other auction lots are acharged with
differential taxation.

Foreign taxes and custom duties shall be carried by buyer as well as shipping expenses charged according to effort. The hammer shall fall after the highest
bid has been called out three times. The knockdown shall oblige to take immediately delivery of the goods. Upon good cause shown we can refuse or
reserve the knock down. In theevent of several equal bids we have the right to knock down at our own discretion, to decide by drawing lots or re-open
the bidding. The auctioneerreserves the right to combine or to separate lots for good cause. Lots will not be called out of sequence. In case of a reserved
knock down the bidexpires 4 weeks after the knock down unless we informed the bidder within this period of the unreserved acceptance. Ownership
of the goods shall not pass until full payment. Unless mutually agreed otherwise, payment of the auction bill from buyers present at the auction is due
immediately, for other buyers within 20 days after receipt of the bill. Defaulted payments shall bear an interest charge of 1% per month in the amount in
default. Buyer shall immediately take over the knocked down goods. In case buyer is in default with this obligation and does not take over the goods in
spite ofa written deadline, or refuses to take over, we can withdraw from contract and claim damage provided that the item may be put again to auction
at this buyer’s cost. In this event the buyer shall be liable for any shortfall, while he shall have no right or claim towards any excess proceeds. Alterntely
the auctioneer has the right to sell unpaid lots to second bidders. In this case there are the same consitions as in a new auction sale.

The minimum bid scale is set out below:
up to € 100   € 5
up to € 200   € 10
up to € 500   € 20
up to € 1000   € 50
up to € 2000   € 100
up to € 5000   € 200
up to € 10000   € 500
up to € 20000   € 1000
up to € 50000   € 2500
from € 50000   €5000 (10%)

We carry out best possible written or orders via telephone or internet and treat them equal to orders to present bidders. Orders from collectors unknown
to the auctioneer can only be accepted and carried out if a deposit or references to the satisfaction on the auctioneer are given. To be bindingly accepted,
written bids need to be received at least 24 hours before auction, bidders via telephone need to be registered at the latest two work days before auction.
If necessary, we are allowed to increase the bids by 3-5%. Bids amounting to less than 90% of the estimate shall not be executed. Unlimited bids shall not
oblige us to consider, accept or carry out such order. Written orders or those via Internet will be carried out without charge of an extra commission; they
shall name the item with catalog number and the bid price and are binding.

Ambiguities shall be carried by the bidder. We do not assume any liability for such bids, especially not for connecting and keeping up telephone lines and/
or transmission errors, as well as not for off times and lag times, caused by attendance and restore of the server, by errors and problems of the Internet, by
force majeure or reason outside of our responsibility. This does not apply in case we are acting in intentional or grossly negligence.

The descriptions of the goods in the catalog do not constitute any warranty or liability in the meaning of § 434 BGB but are provided as mere information.
The state of preservation of items is strictly assessed in accordance with the grades accepted by the German coin trade and only represents an individual
and personal assessment. The authenticity of the coins is warranted (up to the total purchase price) unless anything to the contrary is noted in the
catalog or the auction. In other respects, any and allwarranty claims based on material defects of quality and defects of title are excluded. In view of the
opportunity of prior inspection to ascertain the state and condition of the auction lots, complaints of errors resulting of the imagesare excluded. Buyers
present at the auction acquire items strictly on thebasis of “as is where is” and “as inspected”. If and when auctioned in lots, the quantities of individual
pieces given, only represent an approximate figure. Lots of two or more pieces are sold “as is” and not to return in any case.

Any and all warranty claims based on material defects of quality and defects of title or on an error in the allocation of individual pieces to a certain lot
are excluded. We forward quality complaints to the deliverer claimed within the legal period of warranty. To our own choice we assign possible claims
resulting out of the commission contract to buyer or compensate buyer by unwinding of contract, at which a claim of buyer exceeding the purchase price
is excluded. For pieces consigned to us in so-called „slabs“ (plastic holders from grading companies) the stated Teutoburger warranty of authenticity is
not applicable. Also we are not liable for defects such as rim damages, traces of mounting or filing etc. that are covered by the plastic holder. In case buyer
intends to deliver goods to a Grading Service, we do not guarantee the respective acceptance or the classifying according to our valuation.

Damage claims of buyer - irrespective of legal basis - are excluded. This shall not apply for damages resulting out of our intentional or grossly negligent
conduct of our legal representatives respectively are caused in the breach of contractual cardinal obligations; to this degree, liability is limited to damages
that are foreseeable and typical for this type of contract. This shall not effect our liability for damages to life, limb, or health. Offsetting counterclaims of
buyer are excluded, unless the claim is uncontested or has been declared legally valid by court. Retentions rights of buyer are excluded unless he is not a
trader (§ 14 BGB) and his counterclaim results from the same contractual relationship.

This Agreement shall be governed by and construed in accordance with the laws of Germany. The UN Convention (CISG) on the International Sale of
Goods shall not apply. Against traders (§ 14 BGB) and purchasers from abroad the exclusive jurisdiction shall be the Court of Halle/W. in relation to any
dispute or claim arising out of or in connection with the purchase. The German version of these conditions shall be the legally binding. The invalidity or
inefficiency of any provision shall not effect the validity of all other provisions. In lieu of the invalid or inefficient provision or for the purpose of closing
the gap, s reasonable provision shall apply.

Unless catalog owners, auction participants and bidders do not express otherwise, they assure that they use the catalog and it`s contained timehistorical
and military items from the period 1933-1945 for purposes of civic information, the defense of unconstitutional efforts , the art or science of research
or teaching , the education and reporting on the events of current affairs or history or similar purposes (§ 86a, paragraph 3, of the StGB). The company
Teutoburger Münzauktion GmbH , the auctioneer and his consignors offer these items only under these requirements. With the submission of bids for
items that are provided with emblems of the Third Reich , the tenderer is obliged only for historical scientific reasons as mentioned above to acquire these
things and propaganda in any way , especially in the sense of § 86a StGB to use. ×

Public Auction

Minimum bid

100.00 EUR

End date of bidding:

Thursday 02.08.2018, 09:00 CEST

Your maximum bid:

EUR

Current Auction Time (MET): Tuesday 17th 2018 July 2018 - 00:23