What is an auction?
During an auction certain items are offered for sale. The exact purchase price is not fixed previously but potential customers are able to place bids based on a fixed start price (minimum price). The lot will be knocked down to the highest bidder. The procedures and rules listed in the conditions of sale are subject to the law. They are displayed at the auction house or printed in the catalogue.
Is everyone allowed to participate in an auction?
Auctions are public, but the bidders must be contractually capable and the auctioneer has the right to exclude individuals.
Is there an entrance fee?
Generally no entrance fee will be charged. At some special auctions it is occasionally required to purchase a catalogue.
Is there any dress code?
No, there are no standards regarding dress.