GENERAL CONDITIONS OF SALE   English version below.

The undersigned accepts the terms of sale and gives Van Looy & Van Looy permission
to buy on his behalf at the best possible conditions the lots mentioned on this bid sheet,
taken into account the mentioned maximum prices.


1. The sale is done cash, with 20% increase, all costs included

2. The lots are at the disposal of the buyer at cash payment at the end of the auc-tion

3. The guarantee for the quality of the stamps is complete for each lot of maximum
three stamps, with a description of “very nice” or “perfect”. If one of these stamps
has a hidden fault, it is taken back and reimbursed if the complaint is filed within 8
days of the sale or the reception of the goods. After this term we no longer accept
any complaints.

4. No guarantee is given for stamps on album pages or “collections”. These stamps
are sold “as they are”. The catalogue value is approximate.

5. Bids in writing are executed without further costs, and shipped registered at the
buyers’ expense.

6. Only the courts of Antwerp are authorized in the case of a dispute.

7. All orders are executed in Euro

8. Costs of an expertise are to be paid by the buyer. If the buyer asks for an exper-tise
and the stamps are declared genuine, the costs are to be paid by him.

9. The auction house has the right to split lots, combine lots or withdraw lots.

10. BIDS ARE FIXED AS FOLLOWS :

from / to increment
   
3€ to 50 € 2 €
51 € 100 € 2 €
101 € 200 € 5 €
201 € 500 € 10 €
501 € 1000 € 20 €
1001 € 2000 € 50 €
2001 € 5000 € 100 €
5001 € 10000 € 250 €
10001 € 25000 € 500 €