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<p>[QUOTE="TIF, post: 3112531, member: 56859"]Like [USER=71955]@Iosephus[/USER], I live outside the EU and my experience has been that the auction house simply generally not add the VAT to my invoice, as is correct since the shipping address is outside of the EU. Once an auction house accidentally added the VAT to my invoice and I simply emailed them and pointed out the error. They sent a corrected invoice. No big deal.</p><p><br /></p><p>The export license issue is murkier. Some European auction houses, trying to prevent alienation of their US customers who are suffering from the US's many misguided MOUs, add notes for their lots such as "this coin can be shipped to the US". I've seen others who will flag a lot as not being exportable to the US.</p><p><br /></p><p>Others have language in their TOS which puts the burden of obtaining an export license on the bidder. Still others will acquire the export license for you, some requiring the bidder to pay any fees associated with the license.</p><p><br /></p><p>I've seen auctions which bar US bidders because the auction house doesn't want to deal with the export license mess.</p><p><br /></p><p>One major coin I purchased several years ago required an export license. The auction house took care of the paperwork. When the coin eventually arrived, I looked at the paperwork and didn't see anything which seemed like it would satisfy the US's MOU relevant to the coin. I'm glad it arrived safely!!</p><p><br /></p><p>I have many coins from Naville (or Naumann, I don't remember) which arrive with a statement saying the coin meets requirements for export to the US or something to that effect.</p><p><br /></p><p>If I don't understand the TOS or whether a particular coin of interest requires an export license, I just don't bid. Barring extraordinary circumstances it is not worth the uncertainties and headache.[/QUOTE]</p><p><br /></p>
[QUOTE="TIF, post: 3112531, member: 56859"]Like [USER=71955]@Iosephus[/USER], I live outside the EU and my experience has been that the auction house simply generally not add the VAT to my invoice, as is correct since the shipping address is outside of the EU. Once an auction house accidentally added the VAT to my invoice and I simply emailed them and pointed out the error. They sent a corrected invoice. No big deal. The export license issue is murkier. Some European auction houses, trying to prevent alienation of their US customers who are suffering from the US's many misguided MOUs, add notes for their lots such as "this coin can be shipped to the US". I've seen others who will flag a lot as not being exportable to the US. Others have language in their TOS which puts the burden of obtaining an export license on the bidder. Still others will acquire the export license for you, some requiring the bidder to pay any fees associated with the license. I've seen auctions which bar US bidders because the auction house doesn't want to deal with the export license mess. One major coin I purchased several years ago required an export license. The auction house took care of the paperwork. When the coin eventually arrived, I looked at the paperwork and didn't see anything which seemed like it would satisfy the US's MOU relevant to the coin. I'm glad it arrived safely!! I have many coins from Naville (or Naumann, I don't remember) which arrive with a statement saying the coin meets requirements for export to the US or something to that effect. If I don't understand the TOS or whether a particular coin of interest requires an export license, I just don't bid. Barring extraordinary circumstances it is not worth the uncertainties and headache.[/QUOTE]
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Help with understanding UK auctioneer terms?
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