Terms of Sale

The auction house VIA GmbH is hold on behalf of the owners of the goods according to Austrian Trade Regulation Acts. Any person participating or registering for the auction by submitting a bid, in writing or orally (by telephone), agrees to be bound by and accepts the terms and the condition of the auction.

The description in the catalogue as well as the goods classifications were made with great care strictly according to the levels of conservation customary in the European coin trade and are considered to be a personal assessment. The illustrations of the pieces are part of the description; in case of doubt, the text is a priority. Any description errors do not give rise to liability for legal or material defects.

Auction procedure: The starting prices in Euros (€) shown in the catalogue are minimum prices that must not be lowered. Bids can be placed 4 hours before the beginning of the auction on the day of the auction. Errors in the bidding shall be borne by the Bidder. Telephone bids require written confirmation (e-mail). Unknown bidders are asked for guarantees and references. New customers have to register themselves at least 2 working days before the auction date in order for a reference check to be possible. If references cannot be obtained, a deposit of 25% of the bid amount or the data of a valid credit card (VISA, MASTER) must be deposited. The amount will then be offset against the purchase and the possible surplus will be returned. Live phone bidding is not possible because the auction is running online. The increments are usually 5-10%. Bids that do not conform to a full increment will be rounded up. In case of identical bids, the earliest incoming wins.
Hammer price: The virtual auctioneer puts down the hammer price. The end price will be executed at one bidding increment and this revised amount will be considered your high bid. All auction sales are final.

Pricing: The surcharge price is a net price within the meaning of the Austrian VAT Act and forms the basis for calculating the premium to be paid by the buyer. The buyer pays 22% (price incl. VAT).

All the lots with the remark (*) are VAT-exempt coins, usually gold coins which are considered legal tender or have been valid since 1800. The customer pays only the surcharge (20%) on the hammer price plus shipping costs.

Payment period: Unless otherwise agreed, payment of the auction invoice is due immediately by present buyers, and by written bidders no later than 14 days after receipt. In the event of a delay in payment, the auction house reserves the right to charge interest of 1% per month. The right of ownership is transferred to the buyer only after full payment of the goods. We reserve the right to retain the auction goods and deliver them only after full payment. Attorney's fees, court costs and other costs incurred in connection with the collection shall be borne by the buyer. When paying by credit card or Paypal, the expenses charged by the credit institution in the amount of 4% of the invoice amount will be charged to the customer. NEW: When paying with cryptocurrency, 2% of the sum (surcharge) will be charged (the following cryptocurrencies are accepted: Bitcoin, Ethereum, Litecoin, BNB, Busd).

In the case of advance cash that is not paid despite a reminder, the buyer loses his rights from the contract and the auction goods can be auctioned at his expense. In this case, the buyer is liable for the loss of the amount due to us, which can also be brought before the courts. However, the buyer is not entitled to the additional proceeds.
Shipping is at the expense and risk of the buyer. Postage and insurance will be charged at least: domestic € 8,--, Europe € 15,-- and non-European countries € 25,--. Foreign customers buy according to their country's foreign exchange, customs and tax regulations. Shipping formalities are handled by the auctioneer. Shipping instructions must either be written on the bid slip or announced in writing immediately after the auction. If the shipment arrives damaged or the customer does not receive a shipment or communication letter within one month, the customer must notify us immediately so that we can notify the insurance company and initiate an investigation order. If the notification of the customers is too late, he is not entitled to a replacement.

Complaints: All coins are guaranteed as genuine and according to the description. All the bidders present generally buy "as is seen"; they cannot make a complaint concerning the quality and description after the piece has been sold. Excluded are erroneously overlooked handle marks, frame traces or repairs. In the case of personal acceptance of the goods, any complaints regarding quality and incorrect description must be made on the date of acceptance. Eligible complaints are of course accepted, only if the items complained are in the condition delivered by us. Coins and medals in the preservation of "fine" or inferior quality are excluded from the quality guarantee, as are lots, which in general cannot be claimed (the specified number of pieces - if not grossly different - is to be understood only as an approximate indication). Excluded from the complaint period is the authenticity of the pieces, for which we always guarantee up to the amount of the purchase price. In the event of disagreement, the auctioneer may consult experts of his choice; the costs shall be borne by the losing party. Coins encapsulated or these which are preparing only to be by a valuation company such as PGCS, NGC, etc. cannot be claimed, we are not responsible for the decision of these companies.

The complaint period of 7 days must be strictly adhered to. Complaints can only be received up to 21 days after the auction for customers who buy in advance. Complaints are generally handled by us on behalf of the consignors. We reserve the right to refer the bidders, if claims are given, to assert them directly against the consignor. This is used whenever the consignor has already been billed.
The place of jurisdiction for all proceedings is Vienna. However, we also reserve the right to sue the debtor at his place of residence.

Only the German text of the auction conditions is legally binding.
Vienna, May 2023
Auctioneer - VIA GmbH