Terms of Sale

All sales will be made through payment in Swiss
Francs, with the addition of a buyer’s premium of
22.5% on the hammer price. Any bidders attending
the sale in person, as floor bidders, will have a
reduced buyer’s premium of only 21%. There will
be no additional charge for all successful
live internet bids. For all lots delivered in
Switzerland there is an additional Swiss VAT of 7.7%
due on the hammer price and on the buyer’s
premium for silver and bronze coins, and for medals.
The purchaser is responsible for all taxes and fees due
for delivery of lots outside of Switzerland. Payment is
due immediately following conclusion of the sale.
Full title to purchases is only obtained upon full
payment. A charge of 1% per month will be assessed
for delayed payments. Bids below 80% of the
estimated prices will not be accepted. Written
bids take preference over room bids.
Buyers are personally responsible for their own
purchases and cannot claim to act on the account or
instructions of a third party. Adjudication occurs on
the fall of the hammer and commits the bidder to
acceptance of the lot.
The lot descriptions, including the degree of
preservation, are opinions and made in good faith.
The authenticity of all coins is guaranteed.
Justified complaints can only be considered if made
within eight days of the auction. Upon receipt of full
payment, shipment of lots will be arranged for the
purchaser at his expense and risk. In general, the
usual conditions applied to auctions held in Zürich
apply here.
Shipping to the Russian Federation will only be made
at the recipient’s own risk.
Exclusive jurisdiction for any legal
proceedings shall be Zürich 1. Although the
Conditions of Sale are provided in English, French
and German, only the German text is legally valid.
The bidder accepts these conditions of sale by the
submission of a bid, whether verbal or written.