Auktionskatalog 2023
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1.2 Procedure of the hybrid auction
(a) The respective hybrid auction begins with an offer
placed on the internet platform and on-site respectively
by the organiser. This is a declaration of intent by the
exhibitor aimed at concluding a sales contract. The bidding
time is also specified in the offer by stating “auction
end”.
This offer cannot be accepted with a simple “yes”, but it
is a matter of a previously declared acceptance of the
highest bid. The exhibitor will only accept the highest
bid that is effectively submitted by a bidder within the
specified bidding time in accordance with the conditions
of these GTC.
(b) Bids can be submitted via the screen installed on
the internet platform for registered bidders and on-site
by distinctly raising one’s hand or the bidding card
provided in the auction catalogue respectively or via
telephone. Bids submitted in any other way will not be
considered, even if they are received by the organiser
during the bidding period. Bids for which the bidder has
not declared that they agree with the validity of these
GTC for the specific auction and that they have taken
note of the cancellation policy will also not be accepted.
Bids submitted by the end of the auction, which are
submitted for the registered user under “Bid” in accordance
with these GTC, only take part in the auction if they
have been received by the organiser by the end of the
bidding. The transmission takes place at the risk of the
bidder.
(c) Each bid by each bidder is subject to the condition
subsequent that a higher bid is submitted. The respective
bidder is bound to the bid he has submitted
until the end of the bidding time. Bids that are below
the minimum bid do not take part in the auction, even if
the organiser does not receive a higher bid by the end
of the auction. The purchase contract for the auctioned
horse is concluded without separate award through the
effective submission of the highest bid by the registered
bidder (at the end of the bidding period).
(d) An effective bid must correspond to the minimum
bid and be at least one bid increment higher than the
previous bidder’s bid.
(e) The contract for the purchase of the horse between
the exhibitor or the seller of the horse respectively and
the highest bidder comes into effect at the end of the
auction time (also referred to as “hammer price”). The
organiser is not responsible for technical delays – even
if the transmission paths are overloaded.
(f) If the highest bid at the end of the auction turns out
to be invalid, the next lower bid does not win the auction
either. In this case, the organiser can resume the “auction”
and determine a new end of the auction. In this
case, the highest valid bid submitted up to that point is
to be set as the starting price.
1.3 Bidding Stages
1. The horses are offered in Euros. Only bids of at
least €100.00 will be accepted. The highest bidder is
awarded the contract and is bound by their bid.
2. The hammer prices are net prices. Stabling fees,
3% auction fee and the VAT specified for the respective
horse are to be paid by the buyer.
The invoice amount/purchase price is calculated as follows:
hammer price
+ stabling fee €26.00
+ VAT as indicated (0%, 9.0% or 19%)
+ 3% auction fee (on the hammer price net plus 19%
VAT)
= purchase price
+ 1.1% insurance premium (on the hammer price, if
applicable inclusive of VAT plus 19% insurance tax)
= total purchase price/ invoice amount
The offer when the bid is accepted (hammer price) is
considered the net price.
3. Incoming bids are prioritized strictly according to
when they were received. If there are two or more identical
highest bids at the end of the bidding, the bid that
is submitted at first wins the auction. All times are based
on the system time of the server.
4. Notification of the conclusion of the contract: The
bidder who has submitted the highest effective bid at the
end of the auction will be notified of this
in case of an online submission by e-mail or in some
other way on a non-transient data carrier in text form
or
upon submission of bid in physical presence by a
certificate to be countersigned personally on site.
The receipt of the notification is confirmation of the purchase
contract that has already been concluded and is
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