Submitting a bid constitutes acceptance of the following auction conditions.

1. The auction takes place voluntarily and on the bidder’s own behalf and for his own account against immediate cash payment in euros to the auctioneer. Checks are accepted in payment, but for new customers only if they are confirmed bank checks. Payment in installments can only be granted after prior agreement with the auctioneer.
2. The highest bidder wins the bid. However, the auctioneer has the right to refuse the knockdown, withdraw, regroup or divide lots. In the event of equal bids, the first bidder wins the bid. In the event of misunderstandings, the auctioneer has the right to offer lots again. The minimum bid is 6 euros. Bids under 6 euros cannot be considered.
3. Our bid levels must always be adhered to. All interim bids are automatically rounded up to the next highest bidder level. The bids are carried out in conformity with the customer’s interests.
4. The buyer’s commission for the auctioneer is 23.8% of the knockdown price. In addition, there is a fee of € 2.38 per lot plus shipping costs. All lots are subject to differential taxation in accordance with §25a of the Value Added Tax Act, therefore VAT cannot be shown. This regulation only applies to customers within the EU. For our Swiss customers and customers outside the EU, the regulations of Stade Auktionen GmbH, Bärmeggenweg 6, CH-4314 Zeiningen www.stade-auktionen.ch apply.
5. Knockdown constitutes a binding sale. The risk is transferred to the purchaser when the bid is accepted. Anyone bidding on behalf of a third party is liable as a debtor in addition to the third party. The purchased lots are shipped against prepayment. The lots remain the property of the seller until full payment has been made.
6. The auctioned lots are due for payment within 5 days of receipt of the auction invoice. Alternatively, the buyer can grant Stade Auktionen GmbH & Co KG a SEPA basic mandate / SEPA company mandate. The direct debit shall be collected within 10 days of the invoice date without deduction. The period for pre-notification will be shortened to 2 days. The buyer warrants to ensure that the account is covered. Costs incurred due to non-payment or chargeback of the direct debit shall be borne by the buyer as long as the non-payment or chargeback was not caused by Stade Auktionen GmbH & Co. KG. If no payment has been received 3 weeks after the invoice date, the amount will be collected by legal means, incurring costs (€ 5.00 per reminder and default interest of 1.5% per month).
7. If the dutiful acceptance is refused, the buyer loses his rights to the knockdown and the item can be sold by private treaty or auctioned again at his expense without prior notification. In this case, the original purchaser is liable for the loss of profit. However, he is not entitled to any additional proceeds and will not be admitted to further bids. The auctioneer may collect and sue for purchase money, arrears of purchase money and ancillary performance claims in his own name.
8. The auction lots are described carefully and conscientiously, but without any obligation on the part of the auctioneer and without any guarantee of authenticity.
9. Complaints must be received by the auctioneer no later than eight days after acceptance or delivery of the lots in question. Lots with contents must be unchanged, i.e. in their original condition (with original cover and original label), otherwise any complaint is excluded.
10. The lot numbers and bids must be clearly entered and checked again by the bidders for correctness. Complaints cannot be considered under any circumstances if incorrect lot numbers or bids are entered.
11. Claims of any kind against the consignor or the auctioneer must be asserted within a preclusive period of six weeks after the auction date.
12. Complaints about collections or collector’s lots are excluded as a matter of principle, the auction will take place as is.
13. Lots will not be sent for inspection.
14. The auctioned goods will be kept under lock and key at our premises until the day of the auction. Two weeks before the respective auction, the auctioned items can be viewed at our business premises, Markgrafenstraße 5 in 79639 Grenzach-Wyhlen, by appointment by telephone.
15. The auctioneer reserves the right to exclude persons from the auction without giving reasons. The auction conditions are binding for consignors, auction participants and bidders even without written acceptance. Submitting bids, placing purchase contracts or bidding personally at the auction constitutes acceptance of our general auction conditions.
16. The place of jurisdiction is Lörrach and the place of performance is Grenzach-Wyhlen.