The auction start price is 10% below the estimate. The hammer price is the basis for the calculation of the buyer‘s surcharge. The buy price is hammer price plus 22% surcharge (relevant VAT included in the premium). All buyers from countries outside the EC pay a fixed buyers fee of 19%. 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 17%. 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.