1) The auction is conducted on behalf and for the account of the owners of the goods and is subject to Austrian
Trade regulations. Bids at the sale, by writing or telephone are taken to imply full acceptance of the conditions
of sale.
2) Description: The catalogue descriptions and the grading of the material have been executed with great care.
The catalogue illustrations are part of the description and in case of doubt the text is authoritative.
3) Bidding: The e-auction will serve those customers who like to bid personally and want to have good
information about the pre bidding of the auction. The pre bids can be entered any day online and the
computer will take care of them 2 hours before the live auction starts. The written bids must comply with
the bidding increments. If not the computer will automatically raise the bid to next higher step.
Either/or bids cannot be carried out neither can the bidding sum be limited. Telephone live bidding during the
e-auction sale is not possible. Pre bids cannot be cancelled as they are the basic information for other pre
bidders. For this auction clients can send in preliminary bids by fax, post, e-mail or by the on-line catalogue;
we also take pre bids by phone. Deadline for pre bids: 2 p.m. MEZ. Please keep in mind the errors in
bidding oral or written are at the buyer’s risk.
4) Registration: In order to participate in the live auction via the internet the customer has to be registered. This
has to be done once and the customer can then participate live in all our auctions. New clients have to
register on our homepage (www.hdrauch.com) 2 days before the auction date in order to be able to verify the
given references or ask for a deposit. We will then establish a credit limit for you and you will be able to join
the live bidder.
5) The prices in the catalogue are minimum prices in Euro and bids below cannot be accepted. In the event
of identical bids, the earliest will take precedence. The highest bidder shall be the purchaser. All the hammer
prices of the auction sale are final. The hammer price is according to VAT regulations the basis for adding the
buyer's premium. The capital letter next to the lot number indicates the VAT rate for each lot:
D= the buyer's premium is 22% in which the VAT of 20% on the commission is included.
B= zero rated coins i.e. gold coins issued after 1800 and which were and still are legal tender and investment
gold: 18,50%
Buyers resident outside the EEC pay a buyer’s premium of 18,5% if the goods are exported by us.
Purchasers from abroad will have to observe all applicable laws and regulations in respect of custom duties
and taxation in their country. If the goods are exported by the buyer himself we will provide the export papers
from a freighter .The costs are € 50,--.
6) Shipment: Shipping is at the expense and risk of the buyer; handling and insurance charges will be added to
invoices (Minimum charges: Europe: € 8,50. Non-European countries: € 15,-). We will arrange the packing
and dispatch your purchase worldwide. Insurance regulations require that losses or damage in shipment be
reported to us immediately. Each bidder whether successful or not will receive within three weeks after the
auction a list with the prices realized.
7) Payment: Sales strictly against cash in Euro. If nothing else is arranged in advance, the customer has to pay
within 15 days upon receipt of goods or in case of advance payment, after an invoice is sent. After the period
of 15 days has expired 1% interest are charged per month.
8) Ownership of the lots shall not pass until payment in full of the purchased price is made. The buyer is
responsible for attorney and other judicial fees and expenses involved in collection of any overdue debt. If the
invoice is paid by credit card please understand that there is a 4 % surcharge for the use of the credit card or
Paypal (rburg@hdrauch.com).
9) Claims: All coins in this sale are guaranteed genuine and as described. Complaints by mail bidders will only
be considered if obvious defects have been overlooked and not described in the catalogue. Customers who
collect the goods personally must take this claims upon receipt, absentee bidders within 8 days upon
receiving the goods. No claims (except for authenticity) will be accepted after this date. For those clients who
make advance payment, the period of recognizing claims ends five weeks after the auction date. The claimed
lot must be in the same condition as delivered. Coins and medals graded as "fine" or lesser quality as well as
multiple lots are excluded from warranty. Claims are handled on behalf of the owner or seller i.e. the person
or company who instructed the auctioneer to offer the material for sale. Claims for authenticity have no time
limit and are warranted up to the total purchase price. We reserve for us the right to ask the buyer to turn
directly to the owner with his claim. This will always be the case when the accounts with the seller have been
settled. Any claims and all disputes shall be subject to the exclusive jurisdiction of the Vienna courts, except
for those to recover payment for lots sold hereunder which may be pursued wherever the buyers may be
found.
10) The German version for the conditions of sale is definitive in the event of any disputes.

H.D.Rauch GmbH