Lot No. 703

Since January 1st, 2014 the German VAT for collectibles like stamps and coins was increased from 7% to 19%.

Therefore, we now offer the majority of our lots under margin system. No tax at all will be charged on top neither on the hammer price nor on the buyer’s premium for these lots and the Christoph Gärtner Auction Company pays and transfers the VAT.

For Lots which have been imported into the EC we have to charge you the costs of the import amount (7 % of the hammer price = import expenses, part of the buying price). The import expenses are also invoiced if the lots will be exported.

For Lots under normal VAT rate of 19 % (7 % Litrature, 0 % Investment Gold) we have to charge the VAT for the hammer price and the buyer´s premium (not charged when exported).