Luxembourg Estates - March 2021

Luxembourg Estates - March 2021

19 Gruuss Strooss L9991 Luxembourg

Selling expenses: 30% (including drouotdigital costs)

SPECIAL CONDITIONS OF SALE OF 07 03 2021

The date of the auction is Sunday March 7, 2021

The auction of lots will start at 11:00 a.m. (Brussels time)

The place of auction is located Gruuss Strooss 19 L9991 WEISWAMPACH Luxembourg

It will be possible to bid online on 51BIDLIVE, EPAILIVE, AUCTION.FR, DROUOT DIGITAL, THE SALESROOM, INVALUABLE and LIVE AUCTIONNEERS

The exhibition of the lots will be held:

 27/2, 28/2, 1/3, 2/3, 3/3, 4/3, 5/3 and 6/3 from 10 a.m. to 5 p.m.

Access to the exhibition is free.

A. the general conditions of sale applies 

B. Lot will be sold without warranties, "as is" and without claim. Descriptions and informations (weight, dimensions, materials, …) are for informational purposes. (PLEASE CHECK BEFORE THE SALE THE INFORMATION THAT YOU SEEM ESSENTIAL)

C. The decisions of the auctioneer are final (the information given is approximate). 

D. Winning auctions will be confirmed to buyers. They will be asked for their choice of shipping and payment. The payment must be done without delay.

E. The purchaser will pay in addition to the auction 26% charge (All taxes included). For inhouse auctions, via the goldfield.auction website or via a direct buy order.

E.1. A supplement of 4% will be charged if the bids come from an phone order or from platforms partner : AUCTION, DROUOT, SALESROOM, 51BIDLIVE, EPAILIVE, INVALUABLE and LIVE AUCTIONEERS, i.e. 30%.

F. Additional costs related to the method of payment are defined in the general conditions of sale. Reminder: International transfer: 1% TVAC; Paypal / credit cards: 3.5% TVAC; cash: 0%; Bancontact: 1% VAT 

G. REMOVAL / SHIPPING: The lots must be collected at our office in Steinfort. GOLDFIELD will not be responsible for the shipping of the lots and the shipping is done under the responsibility of the purchaser.

G.1.GOLDFIELD shipping price

• Zone 1: Luxembourg, Germany, France, Belgium, Netherlands

• Zone 2: Azores, Austria, Bulgaria, Cyprus, Croatia, Denmark, Spain, Estonia, Finland, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Madeira, Malta, Isle of Man, Monaco, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, Czechia.

• Zone 3: Albania, Andorra, Belarus, Bosnia and Herzegovina, Canary Islands, Faroe Islands, Georgia, Gibraltar, Guernsey, Iceland, Jersey, Liechtenstein, Macedonia, Moldova, Montenegro, Norway, Russia, Serbia, Switzerland, Turkey, Ukraine, Vatican, Algeria, Egypt, Israel, Jordan, Morocco, Syria, Tunisia, United States, UK.

Zone 4: rest of the world

• Table (packaging, insurance and shipping)

             ZONE 1      ZONE 3      ZONE 3      ZONE 4

from 0 to 5 Kg     42 EUROS   70 EUROS   122 EUROS   158 EUROS

from 5 to 10 Kg   70 EUROS   88 EUROS   148 EUROS   215 EUROS

from 10 to 20 Kg  89 EUROS   109 EUROS   198 EUROS   306 EUROS

from 20 to 30 Kg 109 EUROS   129 EUROS   252 EUROS   355 EUROS

G.2. Beyond 30Kg, the package cannot be shipped.

G.3. The lots are supposed to be collected from our office (STEINFORT). Sending parcels is a service offered by GOLDFIELD, this sending is done under the sole responsibility of the buyer. In case of loss, breakage or parcel blocked at the customs, in no case, the responsibility of GOLDFIELD can be engaged, the buyer can therefore never demand a refund. GOLDFIELD will however make every effort to limit the risks being a guarantee of means and not of result.

H. ORDER OF PURCHASE: The auctioneer and the experts will take charge of executing the purchase orders for the amateurs who can not be present at the sale. The orders can be done by letter, Internet or telephone, 2h (maximum) before the beginning of each sale.

I. PAYMENT: cash, certified check, bank transfer, credit cards, in EUROS. 

J. the auction steps are as follows: - 

From € 1 to € 25: by € 1 

From 25 € to 50 €: by 5 € 

From 50 € to 100 €: by 10 € 

From 100 € to 300 €: by 20 € 

From 300 € to 1000 €: by 50 € 

From 1000 € to 5000 €: by 100 € 

From 5000 € to 10 000 €: by 200 € 

From € 10,000 to € 50,000: by € 500 €

From € 50,000 to € 100,000: by 1000 € 

From 100 000 € to 500 000 €: by 5000 €

K. CONTINUATION (RESALE) RIGHT (the percentage will be added to the cost of the sale of 26%) - extract from the grand-ducal regulation of 25 August 2006 relating to the resale right.

Art. 3. The minimum sale price from which the resale right is collected is 3,000 euros, excluding tax.

The resale right is set as follows:

- 4% for the first tranche of 50,000 euros of the sale price, excluding tax;

- 3% for the portion of the sale price, excluding tax, between 50,000.01 and 200,000 euros;

- 1% for the portion of the sale price, excluding tax, between 200,000.01 and 350,000 euros;

- 0.5% for the portion of the sale price, excluding tax, between 350,000.01 and 500,000 euros;

- 0.25% for the portion of the sale price, excluding tax, exceeding 500,000 euros.

However, the total amount of the resale right cannot exceed 12,500 euros.

L. In the event of default by the highest bidder, within 5 days of the sale, GOLDFIELD reserves the right to award the lot to the second highest bidder at the value of its last bid. The second bidder will therefore inherit the rights (ownership of the lot) and obligations (payments, etc.) from the highest bidder in the event of default by the latter. The defaulting bidder will be liable, as of right, to GOLDFIELD for compensation equal to 20% of the hammer price.