Terms of Sale

1. The auction is conducted to order and for the account of the owners of items, and on the behalf of the bidders.

2. The auction lots are described in good faith and the authenticity of items is guaranteed, if not otherwise stated in the description.

3. The prices indicated in the catalogue are estimates and bidding will start at 20% lower prices.

4. The condition of participating in auction is fulfilling the registration process. The registration process is unequivocal to the acceptance of this terms.

5. During the auction to buyer is given a credit to spend, and after spending it the bidding will be blocked.

6. Customers not known earlier to Warszawskie Centrum Numizmatyczne, who wish to participate in auction, are obliged to pay a deposit on WCN's bank account in amount of 25% of requested credit. WCN may retract from request of paying deposit.

7. The successful bidders are obliged to redeem the auction lots immediately after the auction in cash or money transfer to WCN's bank account within 7 days from the end of the auction. The breach of this condition will cause charging interest for every day of delay. There is a possibility of changing the term of payment by agreement concluded by WCN and purchaser.

8. All additional costs joined with shipping auction items and transferring payment (especially bank transfers provisions and charges of internet payment methods) are on buyer’s side.

9. Bidders will be considered to have seen and studied the items. Any complaints concerning the items will be accepted by WCN only in writing.

10. The purchaser has the right to retract from purchase agreement only in case of important discrepancy the item with its description in catalogue.

The items are knocked down after the highest bid has been called for third time. To the knocked down price 12% buyer's fee will be added. Difference-VAT is included in buyer's fee. In case of any doubts the item will be called down once more.
VAT is included in buyer's fee.
In case of any doubts the item will be called down once more.

12. Items inscribed to National Monuments Register or of amount greater than 16000 zlotys (about 4000 EURO) can be taken outside Poland only after receiving the permition for exportation. The procedure of exportation and receiving permissions is regulated by the act of lat from 23rd July 2003 entitled "On the protection and tutelage of National Monuments" with amendment from 18th March 2010.

13. The bidding procedure is executed with rates of increase:

up to 200 zł - 10 zł
200 zł - 500 zł - 20 zł
500 zł - 1.000 zł - 50 zł
1.000 zł - 2.000 zł - 100 zł
2.000 zł - 5.000 zł - 200 zł
5.000 zł - 10.000 zł - 500 zł
10.000 zł - 20.000 zł - 1.000 zł
20.000 zł - 50.000 zł - 2.000 zł
above 50.000 zł - 5.000 zł
14. Only the Polish text of the terms of auction has a legal force. This is a free translation included only for guidance.

15. The District Court in Warsaw has jurisdiction in case of any litigations.

16. All money transfers in Polish Zlotys should be made to our NEW bank accounts:
Citibank Handlowy w Warszawie S.A.
ul. Chałubińskiego 8, 00-613 Warszawa
SWIFT / BIC: CITIPLPX
IBAN: PL 91 1030 0019 0109 8503 0015 6357 (for payments in PLN olny)

17. Payments in other currencies should be payed after consultation with WCN about the exchange rate for payment currency to NEW following account:
Citibank Handlowy w Warszawie S.A.
ul. Chałubińskiego 8, 00-613 Warszawa
SWIFT / BIC: CITIPLPX
IBAN: PL 54 1030 0019 0108 4006 0113 2818 (for payments in USD only)
IBAN: PL 35 1030 0019 0109 7806 0106 9847 (for payments in EUR only)