Overview of conditions of papers and Rarity Index


All lots are ranked by their condition using the following keys:

UNC: Uncirculated (hot off the press, like new)
EF: Extremely fine (very nice condition, slight creases)
VF: Very fine (normal condition with slight traces of circulation, tears and minimal losses at the edge)
F: Fine (stronger traces of use, but collectible)

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Descriptions of all foreign stocks and bonds with a starting price of 500 Euros or more will include a Rarity Index (R1 to R12). This index has been prepared by the auction house according to our best knowledge and research.

Thus, over 80% of the stocks and bonds listed in this catalogue include this new index.

Rarity Index (i.e., number of examples known to us):

R 12 = only this single example known
R 11 = only two examples known
R 10 = 3 - 5 examples
R 9 = 6 - 10 examples
R 8 = 11 - 25 examples
R 7 = 26 - 50 examples
R 6 = 51 - 100 examples
R 5 = 101 - 250 examples
R 4 = 251 - 500 examples
R 3 = 501 - 1000 examples
R 2 = 1001 - 5000 examples
R 1 = more than 5001 examples

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Bidding increments on Internet-LIVE-Auctions

Bids will be executed in the following increments of:

1 to 99 Euro - 5 Euro
100 to 199 Euro - 10 Euro
200 to 499 Euro - 20 Euro
500 to 999 Euro - 50 Euro
1.000 to 1.999 Euro - 100 Euro
2.000 to 4.999 Euro - 200 Euro
5.000 to 9.999 Euro - 500 Euro
10.000 to 19.999 Euro - 1.000 Euro
20.000 to 49.999 Euro - 2.000 Euro
from 50.000 Euro - 5.000 Euro