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Terms and Conditions
Standard Terms

This service is operated by Redpoint Consulting Limited.

The services provided by Redpoint Consulting Limited ("Redpoint") through the Website ("Service" or "Services") and the use of the Website are governed by these Terms and Conditions ("Terms and Conditions"). By accessing or using the Services or the Website or by registering as a bidder ("Bidder" or "User"), you agree that

  1. You have read the Terms and Conditions,
  2. You understand the Terms and Conditions, and
  3. Your use of the Services and the Website will be in accordance with the Terms and Conditions.

If you do not agree to the Terms and Conditions, you may not access or use the Services or the Website.

The parties agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this contract or its subject matter or formation (including non-contractual disputes or claims)

The Terms and Conditions together with any additional terms and conditions specific to a particular auction constitute the entire agreement (the "Agreement") between Redpoint and User  and replace any earlier version of the Terms and Conditions.

Redpoint may amend  the Terms and Conditions at any time, at Redpoint's sole discretion, without notice. Any amendment of the Terms and Conditions will be displayed on the Website.  Use of the Services and the Website constitutes an acceptance of the current Terms and Conditions.

Role of Redpoint.

Redpoint provides the Services and the Website only as a service for auctioneers ("Sellers") who offer for sale items and Bidders may may bid these items. Redpoint is neither a principal with interest in the transactions, nor an agent of Bidder or Seller. Redpoint does not make, and should not be construed as having made, any representation or warranty of any kind concerning any of the offered assets or offerings, including without limitation any representation or warranty regarding the quality, safety or legality of the offered assets, or the truth or accuracy of any offerings.

Redpoint makes no representation or warranty of any kind as to the ability of either Bidder or Seller to complete a sale in accordance with these Terms and Conditions or otherwise, and in accordance with any additional terms and conditions specific to a particular auction.

Redpoint does not have the power to transfer title of any assets offered by Sellers.

Redpoint may at its sole discretion to block any User who does not comply with the Terms and Conditions.

In the event of any dispute regarding any transaction conducted through use of the Services or the Website the User hereby releases Redpoint, its partners and subsidiaries, and their respective directors, employees, agents and successors in title and each of the foregoing, from any and all manner of action or claim  and from any and all losses, damages, costs or expenses, including without limitation court costs and legal fees, which User may have against the Released Parties.

In particular, Redpoint shall not be held responsible for any loss, damage or cost or expense arising from the use of the Service, or in Redpoints' failure to provide The Service. The Service is not guaranteed to be error free or to be available at any time.

Auction House Terms

Auction terms & conditions

 1.         The auction is organised, held and conducted by Optimus Investments Kft. on behalf of the sellers. The auction is open to everybody, yet our company reserves the right to exclude certain persons from the auction without stating the reasons thereof. Bidding requires prior registration. The buyer undertakes to pay the price of the items he/she wins within 5 workdays and to take over the items so purchased and have them transported. Otherwise we shall charge a default penalty of 5% per month. The buyer shall also be responsible for making sure no-one else can use his/her account.

2. Our company guarantees the authenticity of each item unless otherwise stated in the description. Items are auctioned as seen, following assessment by the experts of our company, thus we cannot accept any subsequent claims related to the condition of the items.

3. We doesn’t accept returns for slabbed coins, in these cases, the grading company is responsible for the condition and the originality because we can not examine them.

4. Our company shall grant the opportunity to view the items beforehand to all persons interested, following prior fixing of an appointment. The venue for such shall be the office of our company located at 4024 Debrecen, Kálvin tér, Vár utca 8. 1st floor. An appointment may be made by phone on +36703953392 or by email at info@goldenlionauctions.com.

5. The prices indicated in the online catalogue are starting prices; no items shall be sold below such prices. Bids shall start therefrom and increase by 5%. Our company shall sell the item to the buyer making the highest bid.

6. The purchase price shall consist of the hammer price + 20% auction commission. In case of a successful bid, the buyer must pay the full purchase price by wire transfer or in cash within 5 workdays. Once the purchase price and the commission are paid, our company shall deliver the purchased item(s) to the buyer by courier service. The fee of such shall be borne by the buyer. Taking the item(s) over personally may also be possible, if agreed previously. However, the buyer must pay the full purchase price within 5 workdays under any circumstances. In case of late payment, our company shall charge a default penalty of 5% per month.

7. Payment options
Personally in cash
By transfer to our HUF, EUR or USD account.
In all cases, the invoicing is done in Euro, in case of payment of HUF and Dollars the exchange rate is at the current exchange rate of the Hungarian National Bank.

8. In case of dispute, the Court of Justice has jurisdiction for both parties in Debrecen.


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