Terms of Sale

We guarantee the authenticity of the pieces exhibited in this catalogue, unless otherwise indicated.

Participating implies acceptance of the following conditions:

1. All sales are in exact amount of Euros. The indicated in the catalog for each lot, are the minimum sale prices. Bids for a lower price than the one marked, are not accepted. Everyone who participates is responsible for the offers placed. The auctioneer is not responsible for mistakes in the offers. If during the auction any doubt arises about the last bidder, the lot will be put again in sale.

2. The final prices of sale will include a commission of 18% on the price of adjudication and on the VAT at the legal rate.
For auctions exclusively online the final price will include a commission of 18% on the price of adjudication and on the VAT at the legal rate.

3. The pieces will be sent through registered mail with reception's form at buyer risk. Handling postage will be at buyer's expenses.

4. Participate in the auction may be:

- By bidding directly in the auction room.

- By sending an offer, duly filled in, by postal mail, fax, email or phone (previously requested).

- By bidding directly through internet (LiveAuctionsH).

5. Lots will be awarded to the highest bidder, in case of equality preference will be given to the orders of non present buyers over the present ones: in the auction room, live internet and telephone, and from among the absent ones those received in first place.

6. Ways of payment: cash payment, bank transfer or check (in Euros). Any form of payment different from these must be communicated before. Numismatics Auctions will keep in its possession the numismatic pieces until total liquidation.

7. With the entry into force of Law no. 83/2017, of August 18, which establishes Measures to Combat Money Laundering and Terrorist Financing, is NUMISMÁTICA NECTIT ET FIRMAT, LDA obliged to observe the procedures for identification and due diligence, whenever they establish business relations, namely transactions of an amount equal to or greater than €15,000.00 (fifteen thousand euros), regardless of whether the transaction is carried out through a single operation or several operations.

Thus, in order to comply with Law no. 67/98, of October 26 - Law of Protection of Personal Data, you are informed that the personal data contained in Model 1 made available by the Food and Economic Security Authority will be collected, which will be kept by NUMISMÁTICA NECTIT ET FIRMAT, LTD
As it is a legal obligation, if it is not allowed to NUMISMÁTICA NECTIT ET FIRMAT, LDA. the collection of the data, it can refuse to conclude the transaction and no liability could be imputed to the auctioneer - art. 50 of Law no. 83/2017 of 18 August.

8. Lots purchased must be picked up within 10 days after auction close. Numismatics Auctions reserves itself the right to cancel the sale and to dispose of lots when payment is not done within 30 days after the auction.

9. If some numismatic piece has a flaw not described in the catalogue, the buyer can return it back in a maxi¬mum of 10 days, starting from the day it was sent. The discrepancy in the degree of conservation will not be a reason for return, except proved error. Any returned piece must be in the same condition as it was delivered. We do not accept returns from any object from present buyers during the auction, for it is assumed they would have examined the numismatic pieces in advance. Lots of sets can't be returned.

10. Sold lots can be collected from the day after the auction, at our office in D. Luíz de Noronha Street, n. 26, 6th Left starting form 11.00 am. Lots sold to the absent buyers will be sent them after payment, in the days next to the auction sale.

11. Numismatics Auctions reserves the right to change the auction due to a force majeure cause, as well as to remove any lot.

12. Lots not sold in auction can be acquired until 10 days after the end of the auction, plus the sale commission and VAT at the legal rate.

13. In case of litigation, the text which obliges both parties to comply with the terms is the one published in Portuguese.

14. Participation in the auction implies acceptance of the terms described before. Any litigation will be submitted to the courts of Lisbon, and the buyer expressly resigns any other jurisdiction that could correspond to it.