Schwanke GmbH
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Schwanke GmbH

Kleine Reichenstraße 1
20457 Hamburg

Tel.: 040 / 33 71 57
Fax: 040 / 33 13 30

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Terms and conditions

GENERAL CONDITIONS OF PUBLIC SALE
 
1. The auction is held voluntarily and publicly on behalf and on account of third parties, against immediate cash payment in EURO.
2. All lots are knocked down to the highest bidder after three calls. The auctioneer reserves the right to regroup or split lots or withdraw any lot or lots from the sale. The bidding increments are


up to 50,- € 2,- €
from 50,- € 
up to 100,- €:  5,- €
from 100,- € up to 500,- €: 10,- €
from 500,- € up to 1.000,- €: 20,- €
from 1.000,- € up to 1.500,- €: 50,- €
from 1.500,- € up to 10.000,- €: 100,- €
above 10.000,-: € 500,- €
Postal bids must comply with these bids. Otherwise the regulation of bidding is at the auctioneers discretion.

3. A Buyer`s premium of 20% will be added to the hammer price of each lot. All purchasers (Germany and European Union) must pay the German VAT on the auctioneers commission and enventual expenses.
 
4. Bidders are liable for payment. Until paid in full, all lots remain the property of the vendor. Auction agents acting on behalf of third parties shall be personally liable for payment. The auctioneer reserves the right to exclude certain persons from the auction.
 
5. If the purchase price has not been paid within the time limit, nor lots taken up within fourteen days from the date of sale they may be resold and any loss arising from such sale will be charged to the defaulter. Any account more than thirty days in arrears is subject to a late payment of 1% per month as long as the account remains in arrears.
 
6. Any lot, the description of which is incorrect, is returnerable, but only within 8 days of receipt. All disputed lots must  be returned intact as received. The following lots may not be returned for any reason whatsoever: Lots containing ten or more stamps; lots from buyers who have had the opportunity to examine them before the sale; lots described as having defects or faults may not be returned of any faults. No illustrated lots may be returned because of centering, margins or other factors shown in the illustrations.
 
7. All lots are sold as genuine, but should any lot be proved otherwise by written opinion of any competent authority acceptable to us, immediate refund of the full purchase price will be made, provided that such claim is made in writing within 25 days from the date of the sale.
 
8. In case of any disputes whatsoever the courts of the city of Hamburg shall be the only place for all parties.
 
9. The placing of a bid shall constitute acceptance of the foregoing conditions of sale.
 
10. This extract of our „Versteigerungsbedingungen“ is provided just for information. In any case the German version
has to be acccepted as authoritative.
 
SCHWANKE
AUKTIONSHAUS FÜR INTERNATIONALE PHILATELIE
Schwanke GmbH, Kleine Reichenstraße 1, 20457 Hamburg
( 33 71 57, Fax +49 (0) 40 - 33 13 30
+49 (0) 40 -
E-Mail: auktion@schwanke-auktionen.de
Internet: www.schwanke-auktionen.de
Geschäftsführer: Hans-Joachim Schwanke
Handelsreg.: HRB 79925, Amtsgericht Hamburg
Ust-Idnr.: DE 214723745
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Current time:  Wednesday 02nd 2015 September 2015 - 06:23h MET (S)