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Address
Auktionshaus Ulrich Felzmann GmbH & Co. KGBussardweg 1841468 Neuss, Germany
Tel. +49 (0)211-5504416Fax. +49 (0)211-5504411E-Mail: info@felzmann.de
Web: http://www.felzmann.de -
About Auktionshaus Ulrich Felzmann
The auction house Ulrich Felzmann GmbH & Co. KG was founded 1976 in Neuss. Established and owned by Ulrich Felzmann, it is one of leading german auction companies. The company conducts three major auctions for stamps and coins each year. With additional specialized auctions such as the 2009 IBRA auction, the 2011 "Excelsior Collection" coin auction and regular auctions for Zeppelin and air mail, the auction house secured a spot among the best companies of this sector.
Terms and Conditions
Auktionshaus Ulrich Felzmann
Auction Conditions
General auction conditions
Auction conditions e@uction
General auction conditions
Which are exclusively authoritative even without written acknowledgement when submitting personal or written bids.
1. The auctioneer acts in his own name for the account of his clients, who remain unnamed, as a commission agent.
2. The auctioneer reserves the right to combine, separate, offer out of sequence or withdraw catalogue numbers during the auction.
3. The items up for auction may be inspected prior to the auction. Catalog descriptions, provided to the best of our knowledge and belief, do not constitute guarantees under the law of purchase. The auction house assumes no liability for defects, provided it has complied with its duty of care. However, except in the case of collections, the auction house undertakes to assert its warranty claims against the consignor within the limitation period of one year for justified complaints, which must be notified to the auction house no later than one week after receipt of the items. In the event of a successful claim against the consignor, the purchase price paid, including the premium, will be refunded; any further claims—including reimbursement of complaint costs such as postage, inspection fees, etc.—are excluded.
4. The knockdown is made to the highest bidder after three calls. The auctioneer may refuse the knockdown or accept it conditionally in justified cases. He may withdraw the knockdown and re-offer the item if a timely bid was overlooked, or if the highest bidder does not wish to accept their bid, or if there are other doubts about the knockdown. In the case of tied bids, a written bid takes precedence over bids in the auction room. Telephone bids require subsequent written confirmation, and the auctioneer generally assumes no liability for the establishment of the telephone connection or the transmission or receipt of bids – including those submitted by email or via the Internet. In the case of conditional knockdowns, the bidder is bound by their bid until clarification with the consignor, but for at least six weeks; the same applies to lower bids and subsequent sales. Bids such as "best" contribute to a bid increase of up to ten times the starting price.
5. Participation via the internet ("live bidding") and the use of the systems provided by the auction house for this purpose is limited to the current state of the auction house's technical equipment. The auction house reserves the right to implement appropriate changes. Participants accept that technical disruptions may occur and are required to inform the auction house accordingly. The auction house and auctioneer are not liable for disruptions to the online connection, nor for the compatibility of the hardware and software used. Sellers and bidders have no claims against the auction house and auctioneer if a bid or knockdown is not made or is not made in a timely manner.
6. Upon acceptance of the bid, the risk of loss or damage beyond the buyer's control passes to the purchaser. Ownership of the auctioned item is transferred to the purchaser only upon receipt of full payment by the auction house.
7. Acceptance of the auction entails the buyer's obligation to accept the items. The items must be received immediately after the auction. If the buyer wishes to have them shipped within Germany, this will be at his own expense and, if he is a business owner, also at his own risk.
8. The lots to be auctioned will be sold subject to differential taxation.
The hammer price forms the basis for calculating the premium to be paid by the buyer.
A fee of €3 is charged per auction lot. No VAT is charged for goods subject to differential taxation.
For buyers from countries of the European Union : Consumers pay a uniform premium of 26.2% plus lot fee, postage and insurance.
For traders within the meaning of the German Value Added Tax Act (UStG), a 26.2% premium (including the statutory VAT of 19%) plus lot fees, postage, and insurance is charged on goods subject to differential taxation. For dealers, a 22% premium plus 7% VAT is charged on the total of the hammer price, premium, lot fees, and postage/insurance on goods subject to standard taxation. Intra-European trade may be exempt from VAT in accordance with statutory provisions.
For buyers residing in third countries (outside the EU): Buyers pay a 22% premium plus lot fee, postage, and insurance. If the auction house Ulrich Felzmann GmbH & Co. KG exports the goods to a third country itself, the invoice will be issued without statutory VAT. If the goods are exported to a third country by the buyer themselves or through a third party, statutory VAT will be charged and refunded upon presentation of the necessary export certificates. Any import taxes or customs duties incurred in the third country are the responsibility of the buyer. A 22% premium applies to gold coins, which are exempt from VAT.
9. The invoice amount is due upon acceptance of the bid and is payable in cash or by bank-certified check. Payments from non-resident buyers who bid in writing or by telephone are due within one week of the invoice date.
If the purchase is made for a third party, the bidder is jointly and severally liable with the third party.
10. In the event of late payment or refusal to accept the lots awarded, the buyer loses his rights under the knockdown. 1.5% interest per month will be charged
as damages for late payment. Furthermore, the auction house may, at its discretion, demand performance or, after setting a deadline, compensation for non-performance. Damages may also be calculated by requiring the item to be auctioned again at a subsequent auction, and the defaulting buyer to pay any shortfall in proceeds compared to the previous auction and the special costs of the repeated auction, including the auctioneer's fees. In the event of final non-acceptance of awarded lots, but no later than three months after the original auction date, the auctioneer shall invoice the debtor at least the lost auction commission as compensation for non-performance.
The debtor reserves the right to prove that the auctioneer has suffered no damage at all or that the damage is significantly less than this lump sum.
11. The place of performance and jurisdiction for commercial transactions is Düsseldorf. German law applies; the UN Convention on Contracts for the International Sale of Goods does not apply.
12. The above terms and conditions also apply mutatis mutandis to the after-sale. The after-sale of unsold lots takes place for a limited period of time. Acceptances made via an online catalog or online platform, or confirmations of acceptance by email, telephone, or other means, are only considered binding upon receipt of the invoice. The premiums will be
added to the hammer prices in accordance with Section 8 of these terms and conditions.
13. Should any of the above terms and conditions be invalid in whole or in part, the validity of the remaining terms and conditions shall remain unaffected. For lot
descriptions in a foreign language, the German version shall always prevail.
As of: April 2025
The auctioneer
By submitting bids for lots from the Nazi era that bear Nazi emblems and/or Nazi symbols or similar, the bidder undertakes to acquire these solely for historical and scientific collecting purposes and not to use them in any way for propaganda purposes within the meaning of Sections 86 and 86a of the German Criminal Code.
Auction conditions e@uction
1. Scope and Acceptance
These auction terms and conditions, known as the "General Terms and Conditions for e@uction" (hereinafter referred to as the "T&Cs"), apply to all business relationships between Ulrich Felzmann GmbH & Co. KG, Bussardweg 18, 41468 Neuss, Germany (hereinafter referred to as the "Auctioneer") and participants in an "e@uction" hosted by the Auctioneer on its auction platform www.felzmann.de, where these T&Cs can be viewed at any time and saved as a downloadable PDF file. Upon submission of a bid – regardless of the method used – they are accepted in their entirety and as the sole binding version. These T&Cs also apply if other websites use the auction website www.felzmann.de in such a way that they enable access to an e@uction in full or in part. Any conflicting or deviating terms and conditions of participants in an e@uction shall have no effect, even if their validity is not specifically contradicted in individual cases, and shall not be recognized by the auctioneer unless their (partial) validity is expressly agreed to in writing.
2. e@uction
The e@uction is a public and voluntary auction by Ulrich Felzmann GmbH & Co. KG (auctioneer) of movable property from the field of numismatics and philately in the broadest sense. The auctioneer acts in his own name for the account of unnamed owners (consignors) as a commission agent. The e@uction is a temporary event, conducted in euros, in accordance with the provisions of the Ordinance on Commercial Auctions (Federal Law Gazette 1976, Part I, 1346, Auctioning Regulations – VerstV), the legal provisions of the German Civil Code (BGB) and the German Commercial Code (HGB) applicable to commission agents, and these Auction Terms and Conditions.
3. Registration and Login
After a one-time registration, a separate login with a password is required for each e@uction. Registration must be carried out by a legally competent natural person, providing truthful and complete data, using a password that the participant chooses independently and must keep secret. The auctioneer is not liable for damages resulting from the misuse of a password. Legal entities may only be registered via named, authorized natural persons. Only one registration is permitted per person. A P.O. box may not be provided as the address. The participant is obligated to keep their registration data up to date. The participant is responsible for any damages resulting from incorrect or outdated data. Deliveries to the last address provided to the auctioneer by the auction participant are deemed to have been made effectively, regardless of whether the auction participant is (still) residing there. Data is transmitted encrypted to ensure the greatest possible security. The auctioneer undertakes to treat the data with absolute confidentiality. The disclosure of customer data is only permitted if there is a legal obligation to provide information or for reasons of contract fulfillment.
4. Auction Catalog, Lot Descriptions, and Inspection
The items to be auctioned will be presented for at least two weeks in the form of described lots in an online auction catalog (which can also be downloaded and printed as a PDF file upon request) as an invitation to submit bids. Lot descriptions are prepared by experts based on their subjective opinions with the utmost care and to the best of their knowledge and belief. They constitute neither guarantees within the meaning of the law of purchase nor assurances of a specific quality or value. They are intended solely for information, explanation, classification, and delimitation. For coins, the condition of the items is determined strictly according to the grading standards customary in the coin trade. The lots will be auctioned in the condition in which they are found at the auction. Inspection of all lots can take place in detail online or in person two days prior to the auction by appointment at the auctioneer's location or at other locations at the auctioneer's discretion (e.g., at stamp fairs). During the actual viewing, interested parties can have the properties of lots explained to them in a personal conversation.
5. (Preliminary) Bids, Increments, and Underbids
From the presentation of the online auction catalog, preliminary bids can be submitted online or in writing for all lots. By submitting preliminary bids, the bidder instructs and authorizes the auctioneer to submit bids on their behalf and, in the event of a successful bid, to conclude the resulting purchase contract with the auctioneer on their behalf. In this case, the bidder releases the auctioneer from the conflicting provisions of Section 181 of the German Civil Code (BGB) (self-dealing). (Written) bids submitted to the auctioneer will be executed in accordance with the increment rates, strictly in consideration of the buyer's interest but without guarantee. This means that a submitted maximum bid will only be utilized to the extent necessary to exceed an existing bid or competing bids received later by one increment.
The increments are:
up to 100 € 5 €
from 100 € 10 €
from 300 € 20 €
from 700 € 50 €
from 1,000 € 100 €
from 3,000 € 200 €
from 7,000 € 500 €
from 10,000 € 1,000 €
from 30,000 € 2,000 €
Underbids will not be accepted. Bids that do not correspond to the increments will be rounded up. Bids such as "at least," "best," or "absolutely" will be executed at the auctioneer's discretion up to ten times the starting price, but do not guarantee acceptance. In the case of equal bids, the order in which bids are received will be decisive. Inquiries regarding the current bid amount will not be answered. All preliminary bids must be received by the auctioneer two hours before the start of the auction; otherwise, they will not be considered.
The auctioneer and the auctioneers are entitled – without stating reasons – to reject bids, withdraw lots from the auction, combine lots into one lot or divide them into several lots, block IP addresses for the e@uction, exclude individuals entirely from the auction, and remove any bids they may have already submitted from the ongoing auction. Re-registration – even indirectly through third parties – to participate in an e@uction after an exclusion is only permitted with the express consent of the auctioneer. Otherwise, the excluded person is liable for all costs and damages resulting from their re-registration and (the defense against) their activities on the auctioneer's auction platform.
6. Price Determination Procedure and Award of the Hammer
For each lot, an overbid that is one increment higher than live online bids can be submitted immediately after its call – e.g., with a starting price increased by preliminary bids. Each highest bid submitted triggers the paused call sequence "FIRST, SECOND, AND THIRD!". Each overbid restarts the sequence as a new highest bid. Only when the sequence is no longer interrupted by an overbid does it end with "THIRD," or the highest bid is awarded as the highest bid, and the knockdown is awarded to the highest bidder. Through this price determination procedure, in which bidders can react directly to competing bids by outbidding in an unlimited, mutual competition, depending on the moment and situation, the best possible price on the market for both seller and buyer at the time of the auction is achieved – an essential element of an auction. If only one bid is placed on a lot, the lot will be knocked down at the starting price. The auctioneer and the auctioneers are entitled, in justified cases, to withdraw the knockdown and offer the lot again. Upon knockdown, the risk of loss or damage beyond the buyer's control passes to the buyer; however, ownership only transfers upon receipt of full payment of the total invoice amount by the auctioneer.
7. Conclusion of Contract and Total Invoice
Each bid on a lot represents a legally binding offer to the auctioneer to conclude a purchase contract, which remains valid until a higher bid is submitted or the auction is closed without acceptance. Upon acceptance of the highest bid by the auctioneer, a purchase contract concluded by auction is concluded between the bidder and the auctioneer (Section 156 of the German Civil Code). The purchase contract obligates the buyer to accept all lots purchased and to pay the total invoice amount in euros. This also applies to hammer prices resulting from incorrect entries by the bidder.
8. Premium and VAT
The basis for calculating the premium to be paid by the buyer is the hammer price (net price) of the lots sold subject to differential taxation without VAT.
For buyers from European Union countries,
consumers pay a standard premium of 26.2%. Merchants within the meaning of the German Value Added Tax Act (VAT) pay a 26.2% premium for goods subject to differential taxation (the premium includes the statutory VAT of 19%), plus postage and insurance.
For dealers, the invoice can be issued with standard tax. The premium will then be 22% plus 7% VAT on the total of the hammer price, buyer's premium, and postage/insurance. Intra-European trade can be exempt from VAT in accordance with legal regulations (with a VAT ID number).
For buyers residing in third countries (outside the EU), buyers pay a 22% premium. If the auction house Ulrich Felzmann GmbH & Co. KG exports the goods to third countries itself or through a third party, the invoice will be issued without statutory VAT. If the goods are exported to a third country by the buyer themselves or through a third party, statutory VAT will be charged and refunded upon presentation of the necessary export certificates. Any import taxes or customs duties incurred in the third country are the responsibility of the buyer.
A fee of €3 will be charged per auction lot.
For gold coins that are exempt from VAT, a premium of 22% applies.
9. Shipping, self-collection and cash payment
The auctioned lots will be shipped at cost shortly after receipt of payment by post or a private delivery company, at the auctioneer's discretion. Any other shipping method requires the auctioneer's approval. Shipping will be to the address provided by the buyer to the auctioneer, and if the buyer is a business owner, at the buyer's risk. Upon prior notification by the buyer, collection from the auctioneer is possible up to seven days after the auction closes, subject to an appointment, and payment of the total invoice amount for all lots purchased by the buyer in cash.
10. Due Date
The total invoice amount is due within one week of the invoice date. The buyer must pay in advance by bank transfer, free of charge and without any deductions, to one of the bank accounts specified in the auction invoice. Payment must be made so that it reaches the auctioneer no later than 14 days after the invoice date. Any transaction costs are to be borne by the buyer. Payments in foreign currencies are accepted according to the settlement date and the euro credit of a major bank; any differences due to exchange rate fluctuations are to be borne by the buyer. A claim to the release of auctioned lots only exists after full payment of the total invoice amount for all lots purchased by the buyer at the auction, plus any accrued costs and interest. Any other method of payment is only permissible after prior written agreement with the auctioneer. When purchasing on behalf of a third party, the bidder is jointly and severally liable with that third party. With an invoice issued by the auctioneer in the name of a third party at the buyer's request, the auctioneer only acknowledges a further obligation of performance on the part of the third party; no further rights are granted to the third party. The buyer's liability remains unaffected.
11. Default in Payment, Refusal of Acceptance, and Partial Payments
. In the event of default in payment or refusal to accept the lots knocked down, the buyer loses his rights under the knockdown. 1.5% interest per month will be charged as damages for default. Furthermore, the auctioneer may, at his discretion, demand performance or, after setting a deadline, damages for non-performance. Damages may also be calculated by requiring the item to be auctioned again at a subsequent auction, and the defaulting buyer to pay any shortfall in proceeds compared to the previous auction and the special costs of the repeated auction, including the auctioneer's fees.
In the event of final non-acceptance of awarded lots, but no later than three months after the original auction date, the auctioneer shall invoice the debtor at least the lost auction commission as compensation for non-performance. The debtor reserves the right to prove that the auctioneer has suffered no loss at all or that the loss is significantly less than this lump sum. Partial payments made by a buyer for multiple auctioned lots may, at the auctioneer's discretion, be offset against any claim against the buyer, regardless of the legal basis.
The buyer may only offset against the auctioneer and/or consignor those counterclaims that are both related to his/her liability and have been legally established or expressly acknowledged by the auctioneer or consignor. The buyer's rights of retention based on claims arising from other transactions with the auctioneer or consignor are inadmissible.
12. Defects
The auctioneer assumes no liability for defects, provided he has fulfilled his duty of care. All collections, collective lots, dealer lots, wholesale lots, and estates are auctioned "as is" – complaints about defects are excluded. Except for collections, however, the auction house undertakes to assert its warranty claims against the consignor within a one-year limitation period for justified complaints, which must be reported no later than one week after receipt of the items. In the event of a successful claim against the consignor, the purchase price paid, including the premium, will be refunded. Any further claims – including reimbursement of complaint costs such as postage, inspection fees, etc. – are excluded.
13. Legal System, Place of Performance and Jurisdiction
German law applies. Any consumer protection afforded to consumers by more favorable provisions in the mandatory legal provisions of the state in which they have their domicile or habitual residence remains unaffected (favorability principle). Should one or more provisions of these Auction Terms and Conditions be invalid in whole or in part, this shall not affect the
validity of the remaining provisions. The invalid provisions shall be replaced by valid provisions that most closely approximate the economic content and purpose of the invalid ones. The same applies to legal loopholes. For all texts in multiple languages, the German version shall prevail in the event of differences of interpretation. The place of performance and jurisdiction for commercial transactions is Düsseldorf.
14. Special Terms and Conditions for the e@uction
Participation in the e@uction and the use of the systems provided by the auction house for this purpose are limited to the current state of the auction house's technical equipment. The auction house reserves the right to implement appropriate changes. Participants accept that technical disruptions may occur and are required to inform the auction house accordingly. The auction house and auctioneer are not liable for disruptions to the online connection, nor for the compatibility of the hardware and software used. Sellers and bidders have no claims against the auction house and auctioneer if a bid or knockdown is not made or is not made in a timely manner.
15. Post-Auction Sale:
Post-auction sale of unsold lots will take place for a limited period of time. Automatic acceptances via an online catalog or online platform, or confirmations of acceptance via email, telephone, or other means, are only binding upon receipt of the invoice. Premiums will be added to the hammer prices in accordance with Section 8 of these Terms and Conditions.
By submitting bids for lots from the Nazi era that bear Nazi emblems and/or Nazi symbols or similar, the bidder undertakes to acquire these solely for historical and scientific collecting purposes and not to use them in any way for propaganda purposes within the meaning of Sections 86 and 86a of the German Criminal Code.
As of: April 2025, The Auctioneer
Auktionshaus Ulrich Felzmann
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Ulrich Felzmann 183rd Auction
March 17th - 20th, 2025
Short Terms and Conditions
The sale of auction lots is subject to differential taxation. The acquisition price forms the basis for calculating the premium to be paid by the buyer. A fee of €3 is charged per auction lot. No VAT is indicated for goods that are subject to differential taxation.
For buyers in European Union countries: Consumers pay a standard premium of 26,2% plus lot fee, postage and insurance.
For Traders (as defined in the German VAT Act – UStG) pay a premium of 26,2% on goods that are subject to differential taxation (this premium includes 19% VAT) plus lot fee, postage and insurance. In the case of goods that are subject to regular taxation, a premium of 22% is charged, plus 19% VAT charged on the total sum of acquisition
price, premium, lot fee and postage/insurance. The movement of goods within the EU can be exempted from VAT in accordance with statutory provisions.
For buyers resident in third-party countries (outside the EU): Buyers pay a 22% premium plus lot fee, postage and insurance. If Auktionshaus Ulrich Felzmann GmbH & Co. KG exports the goods to third-party countries itself, the invoice will not contain VAT. If the goods are exported by the buyer him/herself or via a third party, VAT will be charged and reimbursed on presentation of the necessary proof of export.In all cases, the buyer him/herself will assume any import taxes or customs duties.
A premium of 22% will be charged for gold coins that are exempt from VAT.
Please note the Terms and Conditions
Lot Start | Lot End | Starting Time | Description |
---|---|---|---|
Monday March 17th, 2025 | |||
1 | 1115 | 12:00 CET | Air and Zeppelin mail, astrophilately |
Tuesday March 18th, 2025 | |||
2001 | 2432 | 10:00 CET | Overseas/Europe |
2433 | 2720 | 12:30 CET | Old German States, German Empire |
2721 | 3329 | 14:00 CET | Dependencies, Germany after 1945, Topics |
3501 | 3738 | 17:00 CET | Autographs |
Wednesday March 19th, 2025 | |||
4001 | 4619 | 10:00 CET | Collections Germany |
Thursday March 20th, 2025 | |||
5001 | 5677 | 10:00 CET | Estates, collections international |