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The Prince of Monaco can take your coins at your successful bid after auction!?


Deinomenid

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The so-called Prince apparently  has the right at Monaco auctions to match your winning bid at auction. I was  just admiring the eye candy at an October  auction and saw a warning about non-EU purchasers, so read the terms and came across  this.

8. THE PRINCIPALITY OF MONACO HAS A PREEMPTIVE RIGHT TO THE COINS SOLD IN ACCORDANCE WITH CURRENT LAWS. THE EXERCISE OF THIS RIGHT COMES IMMEDIATELY AFTER THE FALL OF THE HAMMER, IF THE REPRESENTATIVE OF THE PRINCIPALITY EXPRESSES THEN THE WILL TO REPLACE THE HIGHEST BIDDER, AND HE CONFIRMS THIS WILL WITHIN 15 DAYS. EDITIONS V. GADOURY WILL NOT BE RESPONSIBLE FOR THE PREEMPTION OF THE PRINCIPALITY.

Guess I need to read terms more carefully in future.

 

Cue the Gadsden flag....

 

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