Gene­ral Terms and Con­di­ti­ons of Auc­tion and Sale for Pledge Auc­tions (Public Auc­tions, Auc­tions)

1. bidders and buy­ers accept the fol­lo­wing auc­tion con­di­ti­ons by par­ti­ci­pa­ting in our auc­tion. They also app­ly to the sale by pri­va­te trea­ty.

2 DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR auc­tions publicly in the name and for the account of third par­ties.

3. upon request, the buy­er will be infor­med of the cli­ent of the respec­ti­ve items.

4. the items put up for auc­tion may be inspec­ted befo­re the auc­tion date at the time spe­ci­fied; in the case of rights, the docu­ments made available may be inspec­ted in the vir­tu­al data room after sub­mis­si­on of a con­fi­den­tia­li­ty agree­ment (NDA).

5. the items and rights are sold in the con­di­ti­on in which they are at the time of the auc­tion. They may have dama­ge or impairm­ents or limi­ta­ti­ons not men­tio­ned in the cata­log or other descrip­ti­ons. The buy­er ack­now­led­ges that any com­plaints are excluded and that we do not assu­me any war­ran­ty for qua­li­ty, con­di­ti­on, com­ple­ten­ess, obvious or hid­den defects, other dama­ge or spe­cial cha­rac­te­ristics. The buy­er purcha­ses or buys at auc­tion new or used items or rights to the exclu­si­on of any war­ran­ty. Tech­ni­cal data, dimen­si­ons or weight spe­ci­fi­ca­ti­ons, years of con­s­truc­tion or other value-deter­mi­ning infor­ma­ti­on are non-bin­ding. Lis­tings of objects and descrip­ti­ons have been com­pi­led careful­ly and to the best of our know­ledge. They do not con­sti­tu­te a qua­li­ty agree­ment or gua­ran­tee. Writ­ten or ver­bal con­di­ti­on reports mere­ly reflect a sub­jec­ti­ve opi­ni­on and do not con­sti­tu­te an indi­vi­du­al agree­ment devia­ting from the afo­re­men­tio­ned regu­la­ti­ons. They are pro­vi­ded wit­hout obli­ga­ti­on mere­ly as addi­tio­nal infor­ma­ti­on. Pur­su­ant to § 474 para. 1 sen­tence 2 BGB, the pro­vi­si­ons of the sale of con­su­mer goods shall not app­ly. Claims for dama­ges against DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR, their vica­rious agents and the con­si­gnor are also excluded, regard­less of the legal grounds. The peri­od for asser­ting any claims is one year. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR assu­mes no lia­bi­li­ty for the estab­lish­ment or main­ten­an­ce of a tele­pho­ne or tele­com­mu­ni­ca­ti­ons con­nec­tion, in par­ti­cu­lar in the event of force majeu­re. If, in the event of force majeu­re, the ful­fill­ment of the ser­vice, inclu­ding the accep­tance of bids, is com­ple­te­ly pre­ven­ted at short noti­ce or per­ma­nent­ly, claims for dama­ges are excluded. The fol­lo­wing events in par­ti­cu­lar are con­side­red force majeu­re War, acts of God, epi­de­mics, sabo­ta­ge, power fail­ures, strikes and lock­outs, natu­ral dis­as­ters, geo­lo­gi­cal chan­ges and impacts. During the live online auc­tion, trans­mis­si­on times (laten­cy times) may vary from regi­on to regi­on. We accept no lia­bi­li­ty for tech­ni­cal pro­blems of any kind during the trans­mis­si­on of the auc­tion. In the event of a pos­si­ble non-accep­tance of a bid, the bidder must pro­vi­de pro­of in the event of a dis­pu­te that we, Deut­sche Pfand­ver­wer­tung, acted negli­gent­ly.

The right of return and revo­ca­ti­on accor­ding to §§ 312bff, 355ff BGB (Distance Sel­ling Act) does not app­ly in a public auc­tion: neither for purcha­se orders that come about through online bids, writ­ten, ver­bal or tele­pho­ne bids. The illus­tra­ti­ons in cata­logs and other infor­ma­ti­on mate­ri­al gene­ral­ly ser­ve as addi­tio­nal infor­ma­ti­on for a per­so­nal vie­w­ing; errors except­ed. In the event of dis­crepan­ci­es bet­ween the illus­tra­ti­ons and the text, the text shall be bin­ding. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR assu­me no lia­bi­li­ty for incor­rect trans­la­ti­ons of the cata­log texts from Ger­man into other lan­guages; only the Ger­man ver­si­on is aut­ho­ri­ta­ti­ve.

6. only per­sons or com­pa­nies with full legal capa­ci­ty or their legal repre­sen­ta­ti­ves who have full legal capa­ci­ty and have sent an extra­ct from the com­mer­cial regis­ter or pro­of of power of att­or­ney to DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR, unless other­wi­se sta­ted, no later than 24 hours befo­re the auc­tion are entit­led to par­ti­ci­pa­te in the auc­tion. A neces­sa­ry pre­re­qui­si­te and con­di­ti­on is the time­ly regis­tra­ti­on in advan­ce and con­fir­ma­ti­on by DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR as well as the time­ly sub­mis­si­on of a writ­ten bid form in advan­ce with the bidder’s desi­red pri­ce in order to be admit­ted to the auc­tion. This also entit­les the bidder to place live bids online, in per­son or by tele­pho­ne. Bids can also be sub­mit­ted in per­son on site elec­tro­ni­cal­ly using com­pu­ters pro­vi­ded by us against a depo­sit. A secu­ri­ty depo­sit of 1 euro from the bidder’s per­so­nal bank account by bank trans­fer to DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR is requi­red to estab­lish iden­ti­ty in accordance with the Money Laun­de­ring Act (GwG). The account details will be sent to the bidder by e‑mail after accep­tance of the writ­ten bid form. This 1 Euro will be trans­fer­red back imme­dia­te­ly after the end of the auc­tion. If the iden­ti­ty of the bidder is alre­a­dy known, he does not need to trans­fer the amount.

Bids must be sub­mit­ted in euros. The bids are bin­ding. The­re is no right of with­dra­wal from the purcha­se con­tract. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR are entit­led to auc­tion the items lis­ted in the cata­log out of sequence and to sepa­ra­te, com­bi­ne and omit cata­log num­bers. All items may be with­drawn at short noti­ce, even on the day of the auc­tion, for legal reasons. The offer is only crea­ted when the item is cal­led. The­re is no entit­le­ment to a call. Due to pos­si­ble tech­ni­cal pro­blems, the time­line­ss of the infor­ma­ti­on can­not be gua­ran­teed. As a rule, bid­ding beg­ins at the pri­ce sta­ted in the cata­log. As a rule, pri­ces are increased in 10% incre­ments.

7. the auc­tion­eer shall deter­mi­ne the start­ing pri­ces for the enti­re auc­tion at his dis­cre­ti­on.

8. the hig­hest bid will be accept­ed after three calls. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR may reser­ve the right to accept the bid, refu­se it wit­hout giving reasons and reject bids from unknown bidders if secu­ri­ty is not pro­vi­ded befo­re the auc­tion or if the cre­dit­wort­hi­ness can­not be estab­lished bey­ond doubt by DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR or if the­re are reasons to belie­ve that the bidder is unwil­ling or unable to pay. If seve­ral per­sons make the same hig­hest bid at the same time, the auc­tion­eer shall deci­de at his own dis­cre­ti­on. Doubts about the knock­down must be rai­sed imme­dia­te­ly. If a dif­fe­rence of opi­ni­on can­not be sett­led imme­dia­te­ly, DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR may re-bid the item. If the hig­hest bidder does not wish to accept the bid, DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR may accept the imme­dia­te­ly pre­ce­ding bid. The amounts sta­ted in a writ­ten bid form for the pos­si­ble ham­mer pri­ce are exclu­si­ve of the pre­mi­um plus VAT on the pre­mi­um. If the bid is accept­ed sub­ject to reser­va­ti­on, the bidder shall remain bound to his bid for 3 (three) weeks. It shall expi­re if he does not recei­ve an uncon­di­tio­nal accep­tance of the bid in wri­ting within this peri­od. If a con­di­tio­nal knock­down is not accept­ed, the cata­log num­ber may be trans­fer­red to ano­ther bidder wit­hout fur­ther inquiry. In all cases, the auc­tion­eer’s ins­truc­tions alo­ne shall app­ly.

9. accep­tance of the bid obli­ges the bidder to imme­dia­te­ly pay the purcha­se pri­ce (ham­mer pri­ce plus pre­mi­um plus VAT on the pre­mi­um) and imme­dia­te­ly accept the auc­tion­ed items or trans­fer the rights. In case of doubt, the auc­tion record shall be aut­ho­ri­ta­ti­ve.

10. all pri­ces are quo­ted in euros plus a pre­mi­um on the ham­mer pri­ce of 25% or accor­ding to the pre­mi­um sca­le published in the auc­tion announce­ment, plus the sta­tu­to­ry value added tax appli­ca­ble to the pre­mi­um. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR will not char­ge VAT on the ham­mer pri­ce.

11. the knock­down invoice and pre­mi­um invoice will be sent to the bidder by e‑mail imme­dia­te­ly after the end of the auc­tion. The bidder under­ta­kes to ensu­re the receipt of e‑mails with PDF attach­ments by DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR. Pay­ment of the total cla­im must be made imme­dia­te­ly by bank trans­fer (imme­dia­te pay­ment) from the bidder’s per­so­nal bank account to DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR. If the full pay­ment obli­ga­ti­on is not met within 7 (seven) days of the knock­down, the object of purcha­se may be auc­tion­ed again. The first buy­er shall not be admit­ted and his secu­ri­ty shall be for­fei­ted to the auc­tion­eer. The first buy­er remains per­so­nal­ly lia­ble for the redu­ced pro­ceeds and has no cla­im to addi­tio­nal pro­ceeds. Note on cash pay­ment accept­ed in excep­tio­nal cases; the Money Laun­de­ring Act must be obser­ved: Only valid euro bank­no­tes are legal ten­der in Ger­ma­ny. Accor­ding to the Deut­sche Bun­des­bank, euro coins are a rest­ric­ted legal ten­der, which DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR is only obli­ged to accept as fol­lows: Coin money must only be accept­ed per buy­er up to a total quan­ti­ty of 50 coins or a total coin value of up to 100 euros

12. the object of purcha­se shall be dee­med to have been han­ded over to the buy­er upon accep­tance of the bid, wher­eby lia­bi­li­ty and risk of acci­den­tal des­truc­tion, loss or dama­ge due to fire, water, storm, theft and burgla­ry shall also be trans­fer­red to the buy­er. This also appli­es in par­ti­cu­lar to access­ories. Howe­ver, owner­ship shall only be trans­fer­red to the buy­er after full pay­ment of the knock­down invoice and the pre­mi­um invoice.

13. coll­ec­tion of the auc­tion­ed items — or trans­mis­si­on of the trans­fer agree­ment in the case of rights — shall only take place after receipt of full pay­ment of the ham­mer pri­ce and pre­mi­um (and VAT on the pre­mi­um), wher­eby the pri­ces for each item are unders­tood to be ex foun­da­ti­on or loca­ti­on, unas­sem­bled and unloa­ded. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR are not obli­ged to pack, store or ship the items; the­re is no insu­rance. The buy­er shall agree a coll­ec­tion date at the sto­rage loca­ti­on imme­dia­te­ly after full pay­ment. In the case of rights, the rights shall be trans­fer­red by means of a cor­re­spon­ding trans­fer agree­ment ins­tead of coll­ec­tion. This is to be car­ri­ed out at short noti­ce after full pay­ment; the buy­er must ensu­re this imme­dia­te­ly, usual­ly by com­mis­sio­ning a nota­ry. The items purcha­sed at auc­tion shall be han­ded over by the auc­tion­eer as inspec­ted. The buy­er shall con­firm the han­do­ver of the auc­tion­ed items in wri­ting imme­dia­te­ly after deli­very. Fees of up to 10 euros per day per item may be char­ged for late coll­ec­tion. If the item(s) are not coll­ec­ted within one week of the auc­tion, the auc­tion­eer is entit­led to re-auc­tion the item(s) or sell them by pri­va­te trea­ty wit­hout fur­ther noti­ce. The resul­ting cos­ts and any reduc­tion in pro­ceeds shall be bor­ne by the first purcha­ser. If the buy­er is in default with the accep­tance of the auc­tion­ed item or with his pay­ment, default inte­rest shall be char­ged in accordance with §§ 288 BGB at a rate of 5% or 8% abo­ve the base inte­rest rate. In this case, the buy­er’s rights ari­sing from the knock­down shall lap­se with the pro­vi­so that the item not accept­ed can be auc­tion­ed again. If the con­si­gnor sub­se­quent­ly claims dama­ges, the buy­er shall be lia­ble not only for the cos­ts of sto­ring the auc­tion­ed item but also for the pre­mi­um of DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR from the ori­gi­nal auc­tion as well as for any redu­ced pro­ceeds from a new auc­tion. The buy­er is not entit­led to any addi­tio­nal pro­ceeds from a new auc­tion. Any claims for com­pen­sa­ti­on ari­sing from late accep­tance are assi­gned to the cli­ent.

(14) The auc­tion­eer in char­ge of the auc­tion has the right to to exclude from par­ti­ci­pa­ti­on in the auc­tion any per­sons who inter­fe­re with the inspec­tion of the auc­tion­ed pro­per­ty or the exe­cu­ti­on and cour­se of the auc­tion in any form or man­ner whatsoe­ver and, if neces­sa­ry, to have them remo­ved by his own secu­ri­ty per­son­nel or with poli­ce assis­tance. The secu­ri­ty depo­sit made by the­se per­sons shall then be for­fei­ted imme­dia­te­ly to DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR.

15. the auc­tion­eer may inter­rupt or can­cel the auc­tion if he knows or must assu­me from the cir­cum­s­tances that:

15.1. per­sons have made arran­ge­ments to pre­vent others from bid­ding or rebid­ding;

15.2. items are to be auc­tion­ed off by per­sons acting as inter­me­dia­ries in order to be sold or dis­tri­bu­ted among the par­ties invol­ved for their joint bene­fit;

15.3. per­sons bid­ding pri­va­te­ly or com­mer­ci­al­ly on behalf of others or offe­ring to do so;

15.4. per­sons form a buy­ing ring with the inten­ti­on of mini­mi­zing the amount of the auc­tion pro­ceeds.

The Auc­tion­eer may exclude the per­sons spe­ci­fied in items 15.1 to 15.4 from par­ti­ci­pa­ti­on in the auc­tion and, if neces­sa­ry, have them remo­ved by his own secu­ri­ty per­son­nel or with poli­ce assis­tance. The secu­ri­ty depo­sit paid by the­se per­sons shall then be for­fei­ted imme­dia­te­ly to DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR.

16 The buy­er may only off­set undis­pu­ted or legal­ly estab­lished claims against DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR. The buy­er shall have no right of reten­ti­on unless it is based on the same con­trac­tu­al rela­ti­onship.

17. no lia­bi­li­ty is accept­ed for acci­dents during the vie­w­ing, auc­tion and coll­ec­tion. It is strict­ly for­bidden to put appli­ances into ope­ra­ti­on.

18. all per­sons during the vie­w­ing or visi­tors to the auc­tion are lia­ble for any dama­ge cau­sed, regard­less of its natu­re.

19. the buy­er is lia­ble for acci­dents, dama­ge to buil­dings, third-par­ty objects and other dama­ge.

(20) The Auc­tion­eer shall be entit­led to coll­ect and sue for purcha­se monies and ancil­la­ry claims in his own name for the account of the Cli­ent.

21. a bidder who bids on behalf of ano­ther par­ty shall be joint­ly and seve­r­al­ly lia­ble with that par­ty.

22. invoices issued during or imme­dia­te­ly after the auc­tion must be che­cked again so that sub­se­quent cor­rec­tions are per­mis­si­ble.

23 DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR records and pro­ces­ses data of all busi­ness part­ners in files, which is refer­red to in accordance with the Fede­ral Data Pro­tec­tion Act (BDGS) and GDPR.

24. export decla­ra­ti­ons are to be pre­pared exclu­si­ve­ly by the buy­er in accordance with EU direc­ti­ves. DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR is not aut­ho­ri­zed to com­ple­te such decla­ra­ti­ons. The sta­tu­to­ry VAT shall remain depo­si­ted as secu­ri­ty until pro­of of ship­ment is recei­ved.

25 The auc­tion will be con­duc­ted in Ger­man.

25.1 The public auc­tion is a sove­reign act which we are aut­ho­ri­zed to con­duct as publicly appoin­ted, sworn auc­tion­eers. The lan­guage of all pro­ce­du­res, actions, texts and con­tracts rela­ting to the auc­tion is Ger­man (cf. VwVfG § 23 (1) Offi­ci­al Lan­guage).

25.2 Pro­s­pec­ti­ve buy­ers who do not have C1 level Ger­man lan­guage skills under­ta­ke to use a publicly appoin­ted, sworn inter­pre­ter to par­ti­ci­pa­te in the auc­tion. By par­ti­ci­pa­ting in the auc­tion, the pro­s­pec­ti­ve buy­ers (bidders) decla­re their con­sent to this.

26 Appli­ca­ble law and place of juris­dic­tion: All dis­pu­tes with trad­ers pur­su­ant to § 14 BGB (Ger­man Civil Code) ari­sing in con­nec­tion with the con­tract or its vali­di­ty shall be final­ly sett­led in accordance with the Rules of Arbi­tra­ti­on of the Cham­ber of Indus­try and Com­mer­ce for Munich and Upper Bava­ria (IHK Munich) by a sin­gle judge, app­ly­ing the sub­stan­ti­ve law and the lan­guage of the pro­cee­dings of the Court of Arbi­tra­ti­on of the IHK Munich, to the exclu­si­on of recour­se to the ordi­na­ry courts of law. The law of the Fede­ral Repu­blic of Ger­ma­ny shall app­ly to the order, its exe­cu­ti­on and the claims ari­sing the­r­e­f­rom for non-trad­ers. The place of juris­dic­tion shall be the court respon­si­ble for the Con­trac­tor’s regis­tered office, inso­far as such an agree­ment on the place of juris­dic­tion can be agreed in a per­mis­si­ble man­ner.

27 Should indi­vi­du­al pro­vi­si­ons of this con­tract be or beco­me inva­lid or void, this shall not affect the vali­di­ty of the remai­ning pro­vi­si­ons of this con­tract.

28 DEUT­SCHE PFAND­VER­WER­TUNG Oster­may­er & Dr. Gold GbR are aut­ho­ri­zed to assert the buy­er’s rights in their own name.