Page 65 - The Lugdunum Auction 21

Reservation of ownership
15. The auction item remains the property of the consignor until the auction invoice has been paid in full.
Lot viewing

16. The lots to be auctioned are described to the best of our knowledge and belief and with great care. Bidders have the opportunity to
inform themselves about the condition of the lots, in person or through a representative, during the viewing days listed in the catalog.
Complaints, claims, warranty

17. Justified complaints regarding the condition of the auctioned item must be sent to Lugdunum GmbH by registered letter. Claims
due to disagreement about the level of conservation of a lot are not accepted. Lots which contain more than one piece are excluded from
claims of any kind.
18. The authenticity of the auction items is guaranteed. The right to claim warranty is granted to the buyer only and cannot be assig-
ned to third parties. The assertion of the warranty claim requires the buyer to give notice of defect to Lugdunum GmbH by registered letter
immediately after discovery of the defect and the forged auction item must be returned to Lugdunum GmbH in the same condition as it was
handed over to the buyer, unencumbered by third party claims.

The buyer must, at his own expense, provide proof that the auction item is a forgery. Lugdunum GmbH may require the buyer to seek the
opinion of two independent experts recognized in the field, at the buyer’s own expense. However, Lugdunum GmbH is not bound by such
opinion and reserves the right to seek additional expert advice at its own expense.
19. For coins in so-called ’slabs’ (NGC, PCGS, etc), any warranty is void as soon as these are opened. Any claim or complaint has to
be made directly to NGC or PCGS.

Refunds
20. Justified claims of the buyer against Lugdunum GmbH concerning the condition or falsity of the auction item are limited to the re-
fund of the purchase price and the premium paid by the buyer (including any VAT). Further or other claims of the buyer against Lugdunum
GmbH or its employees are excluded under any legal title whatsoever.
Confidentiality and place of jurisdiction
21. The names of the consignors and the buyers are treated confidential. The Auctioneer is entitled to exercise all rights of the consignor
against the buyer arising from the contractual relationship in its own name.
22. The place of claim and the place of jurisdiction is 4500 Solothurn, Switzerland. In addition, Swiss cantonal and federal laws apply. The
auction and all related legal transactions are subject exclusively to Swiss law.
23. The original German text is authoritative for the interpretation of the present conditions of auction in English language.

Solothurn, May 2021
Lugdunum GmbH