The knock-down price is the basis for the calculation of the buyer`s surcharge. For buyers from EEC countries the following applies: for consumers there is a standard surcharge of 23 % (relevant VAT already included). For traders according to the Value Added Tax Act the surcharge is 23 % (relevant VAT already included) for goods delivered by difference taxation; for
goods delivered by standard taxation the surcharge is 20 % plus the relevant VAT on the entire amount of hammer price and surcharge.

Purchasers from abroad will be charged a surcharge of 20 % net on the knock-down price, provided the export of the coins ist undertaken by the auctioneer. Buyers in European Community (EEC) countries (other than Germany) will be charged Value Added Tax at the rates prevailing in Germany.

Dealers from EEC countries (other than Germany) will receive goods free of tax upon presentation of their VAT I.D. number, and upon ful fillment of the other conditions set forth in Paragraph 4, Nr. 1 b, and Paragraph 6 a of the German Turnover Tax Law, they will be charged a surcharge of 17 %. For gold coins, which are not subject to the legal VAT , the surcharge is 15 % of the hammer price.