The data of the bidders are processed and protected in accordance with the statutory data protection regulations. Accordingly, the customer and / or a beneficial owner standing behind the customer is obliged to provide the information and documents necessary for identification and to notify the auction house immediately in a written form of any changes arising in the course of the business relationship.ġ3. In addition, the customer is requested to comply with the identification obligation under the Money Laundering Act (GwG). The auction house reserves the right to only accept bids with the usual security deposit in banking (e.g. This applies especially if a bidder is not known to the auctioneer, if his bid was submitted by e-mail or fax without a signature or without an original sent later and / or no security was given. The auction house reserves the right to reject bids. Bids by e-mail will only be accepted in exceptional cases if verified by the auction house, otherwise they will be rejected.ġ1. In the case of bidders from the portals mentioned, the auction house is not liable for the transmission of bids. The requirements for telephone bidders under section 9 also apply mutatis mutandis to online bidders as well as to absentee bids received through the internet portals lot-tissimo and Invaluable. If the line fails during the bidding process, only the bid amount last called applies, not a possible maximum amount mentioned before or during the phone call with the auction house employee.ġ0. The risk that the bidder cannot be reached or that there is a line fault lies with the bidder. In the case of bidders by telephone, the auction house cannot guarantee that the line will be established at the time of the call. The auction house will only use absentee bids for the amount that is necessary to outbid other bids by one step.ĩ. In the case of telephone and absentee bids, the catalog number is the binding information to be able to assign and execute the bid. Absentee bids received later can, but no longer must be considered. on the evening before the auction day at the latest. If the auction house does not accept the bid in a written form during this period, the consignor's approval for the reservation bid is deemed not to have been granted and the purchase contract is not concluded.Ĩ.Ěbsentee bids must be submitted to the auction house by 6 p.m. In the event of a conditional acceptance, the bidder remains bound by his bid for three weeks after the end of the auction. If a lower bid is submitted for an item with a reserve price, the auctioneer is free to reject the bid or to accept it at a conditional hammer price. The auctioneer can revoke or reject the bid with justification. Principally the bid is accepted if no higher bids are submitted after three calls. The rate of increase for bids is 10%, whereby it is at the discretion of the auctioneer to choose a different rate of increase if necessary.ħ. In the case of surcharges via third-party platforms (lot-tissimo or Invaluable), their sales commissions are also added.Ħ. The purchase price consists of the hammer price plus buyer's premium and statutory turnover tax. In case of objects without a reserve price, with at least € 20, provided there are no higher absentee bids.ĥ. The lots are generally called up with their reserve prices. In the event of differences of opinion about a call between the bidders, the auctioneer has the right to withdraw the lot and, if necessary, to call it up again.Ĥ. If there are any doubts that cannot be resolved immediately during the auction, the decision is made by drawing. If several bids with the same amount have been submitted, the bid submitted first applies. Absentee bids for lots that are combined or withdrawn, are thereby invalid.ģ.ěids submitted by telephone, as an absentee bid and orally are equivalent. The auction house also retains the right to withdraw catalog numbers - especially if there are any doubts about factual or legal issues. The auction house reserves the right to combine or separate items or to call them up in a different order. Goods that are owned by the auctioneer and put up for auction are specially marked in the catalog.Ģ. K&K - Auctions in Heidelberg - hereinafter referred to as the "auction house" - acts as the consignor's representative. The auction of the objects takes place publicly and voluntarily in the name and for the account of the consignor.
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