Auction policy

General Terms

  • All sales are in Euros (€), inclusive of VAT, and fall under the special regime for used goods, art, antiques, and collectibles. According to EU legislation, VAT cannot be itemized separately.
  • Sales are considered to be conducted within Spanish territory for all purposes.

Participation Requirements

  • Participants must provide a billing address.
  • A guarantee or the full name of the guarantor is required.
  • To bid in auctions, participants must either attend in person or use the pre-bid order service.

Sale and Payment

  • The final sale price will include an additional 18% of the auction price.
  • Numismatic pieces will be sent via certified mail or courier, depending on the volume and weight of the sale.
  • Insurance for packages, if needed, must be arranged before payment.
  • Shipping and insurance costs are the buyer’s responsibility and will be communicated prior to payment.
  • Non-cash payments must be pre-approved. “COINSNB.com” will retain items until full payment is received.
  • A 4.5% fee applies to payments via PayPal for auction sales.
  • Payments in other currencies will be converted based on our bank’s exchange rate.

Auction Procedure

  • Bidding increments are set as follows:
    • €0 to €20: €1
    • €21 to €50: €2
    • €51 to €100: €5
    • €101 to €500: €10
    • €501 to €1000: €20
    • €1001 to €2000: €50
    • €2001 to €5000: €100
    • €5001 to €10000: €200
    • Above €10001: €500

Catalog Descriptions and Returns

  • Our technical team ensures the condition and authenticity of listed items.
  • Returns are accepted within 15 days for items with undisclosed defects, except for lots labeled “TO EXAMINE”.

Legal and Export Compliance

  • Buyers are responsible for complying with tax, customs, and export regulations in Spain.
  • Export Tax, if applicable, is the buyer’s responsibility.
  • Non-compliance with these regulations is not the responsibility of the auction organizers.

Jurisdiction

  • Any disputes will be subject to the jurisdiction of Madrid courts.
  • The binding text for all parties is the one published in Spanish.

Acceptance of Conditions

  • These conditions are considered accepted upon receipt of a bid order or participation in the auction.

Technical Interruptions

  • “COINSNB.com” is not liable for any disruptions in online auctions due to force majeure or third-party issues.
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