Absolute Estate Auction of Coins & Stamps

TERMS AND CONDITIONS OF SALE: All bidders are responsible for reading, understanding and agreeing to these Terms and Conditions of Sale, as well as any supplemental notices provided either in writing or verbally prior to the start of the auction. If you have any questions after having read the Terms and Conditions of Sale, please contact Belhorn Auction Services, LLC at (614) 921-9441 or auctions@belhorn.com prior to the auction. BUYER'S PREMIUM AND PAYMENT: There will be a 10% buyer's premium for bidders purchasing items directly through Belhorn Auction Services, LLC via live, absentee or phone bid. The buyer's premium on property purchased through eBay Live Auctions will be 15%. Ohio sales tax of 6.75% will be charged for this auction for bidders at the auction and those residing in Ohio bidding by phone, absentee or internet bid unless a valid tax exemption number is provided. Any out-of-state bidders will not be charged Ohio sales tax but may be responsible to report purchases and pay use tax under their own state law. All bidding will be in and must be paid in U.S. Dollars. We accept cash (at the auction venue only), check, money order, Visa and MasterCard. We also accept PayPal for online purchases. All payments must be made prior to any property being removed from the auction venue or our offices. Invoices are due immediately upon receipt and must be paid in full before any property can be removed from the auction venue or our offices. We reserve the right to hold all goods paid for by check until payment has cleared. If payment is not received from Proxibid buyers within 10 (ten) days from the day we email the invoice, we will place a non-paying buyer notation on the buyer's account. If payment is not received within thirty (30) days of sale, Belhorn Auction Services, LLC reserves the right to void the sale and deny future participation in its auctions. BIDDING INCREMENTS AND BIDDING: As this is an absolute auction, all lots will be sold without reserve or minimum bid. If there are two or more absentee bids on a lot, the lot will open at a bid that is one increment higher than the lower of the highest two bids. The auctioneer has the sole and exclusive power, discretion, and authority to regulate the bidding and its increments. ABSENTEE BIDS: We accept absentee bids by phone, mail, email, fax, our interactive website or in person. Absentee bids are due no later than 24 hours prior to the auction unless otherwise noted. We highly recommend if faxing, mailing or emailing your absentee bids that you confirm receipt. All absentee bidding is handled as though you are in attendance; all absentee bids are bid competitively up to your maximum bid amount. Please check and comply with the above bidding increments before submitting your absentee bids. In case of failure to comply, we will reduce each off-increment bid to the next lower figure. In the event of duplicate bids, the first bid received will be the bid that is given preference. We will maintain all absentee bidder names and amounts in the strictest of confidence. We offer absentee bidding as a convenience to our customers and take all necessary measures to ensure accurate execution of such bids. Belhorn Auction Services, LLC is not liable or responsible for any errors or failure to execute an absentee bid as instructed. LIVE INTERNET BIDDING: Belhorn Auction Services, LLC has engaged the services of eBay Live Auctions and Live Auctioneers as a courtesy for its customers who wish to bid and buy online. Please proceed to www.ebayliveauctions.com for all necessary information on how to bid and buy online using this system. The user of eBay Live Auctions and Live Auctioneers indemnifies and holds Belhorn Auction Services, LLC and its consignors harmless against any claim arising out of or resulting from your use of the eBay Live Auctions and Live Auctioneers site, including all losses, damages, liabilities, and all fees (including attorney's fees), costs, and expenses incurred in connection with any claim. Under no circumstances, including, but not limited to, negligence, shall Belhorn Auction Services, LLC and its consignors be liable for lost profits or any special, incidental, or consequential damages that result from the use of, or the inability to use, this site. RESERVES: This auction is absolute meaning all lots offered are without reserve and/or minimum starting bid. If no opening bid can be obtained for a lot within a reasonable amount of time, the lot will be passed. In the event of disputes between bidders or other similar scenario, the auctioneer has the sole and exclusive power and authority to a) resolve any disputes between bidders, b) determine whether to pass or re-offer a lot for sale, c) reject or challenge any bid or advance in the bidding, and d) otherwise regulate the bidding and its increments. CONDITION & GUARANTEE (COINS): Belhorn Auction Services, LLC uses the current prevailing grading methods of coins as set forth in the 6th Edition of the ANA Grading Standards. While we strive to grade all coins accurately, please keep in mind grading is subjective and some slight differences may exist from one person's opinion to another's. All lots are guaranteed as to their authenticity and designation (date, mint mark, variety, etc.). Based on the subjective nature of grading, grades are not guaranteed and it is highly recommended that bidders fully inspect lots either in person or using our high resolution photos prior to bidding. All lots that consist of or include certified (slabbed) coins are graded based on the expert opinion of the respective grading service(s). While we presume the coins to be graded by individual(s) with expert knowledge, certification services are subjective. Please be familiar with the prevailing standards and guarantees of certification services as we DO NOT guarantee their grading. If a purchaser of any lot(s) alleges a problem of authenticity, genuineness, or origin of a lot, where the description(s) was/were grossly and materially inaccurate and misleading and substantially overstated the value of the lot(s), the purchaser will have a reasonable time, which is defined as three (3) calendar days after receipt of property, to contact Belhorn Auction Services, LLC by phone, email or mail to convey such concerns. The purchaser must receive written permission to return the property to Belhorn Auction Services, LLC. Provided the lot(s) are returned, fully insured, within three (3) calendar days of receiving this permission in the same condition and packaging (holders) the lot(s) was/were in at the time of sale and proves the truth of such allegations to the satisfaction Belhorn Auction Services, LLC, the sale of such lot(s) will be rescinded. Belhorn Auction Services, LLC will refund the full purchase price, including hammer price, buyer's premium, postage and insurance costs paid by the purchaser to Belhorn Auction Services, LLC. Refunds shall not include costs of shipping, transportation, insurance, or other expenses that may have been incurred by the purchaser to return the lot(s). In the event that the purchaser's allegations cannot be confirmed upon inspection by Belhorn Auction Services, LLC, the lot(s) will be returned to the purchaser at the purchaser's expense. It will be the sole discretion of Belhorn Auction Services, LLC as to whether the lot will be taken back, resold, returned to the consignor or refused a return in the case that the purchaser's allegations of any problem(s) is/are unwarranted. Any guarantee extends to only the original buyer of record (that is, the registered bidder). Items paid for on or after the thirtieth (30th) calendar day following the auction are sold "as is" and the above guarantee is null and void. CONDITION & GUARANTEE (STAMPS): All sales are final; there are no returns, refunds or exchanges. All items are sold as shown in the provided picture(s). Any commentary provided in the listing is provided for informational purposes only. Belhorn Auction Services, LLC is not responsible for any errors or omissions in the description. Due diligence to verify the condition and description of an item is the sole responsibility of the bidder/buyer prior to placing any bid. In all cases, Belhorn Auction Services, LLC highly recommends thorough review of the photos provided for each lot. When possible, the value from the 2007 Scott Catalogue is included in the listing. This is provided for information purposes only and by no means should be taken as a guarantee or warranty of the value or marketability of any particular lot(s). Larger, higher resolution images of all lots are available by request prior to the auction. Please include your email address and instructions as to what you would like to see with any specific requests. SHIPPING: Belhorn Auction Services, LLC ships coins, stamps and related items via US Postal Service with full insurance as a convenience to our buyers. We charge an all-inclusive flat rate per lot, which includes postage, full insurance, delivery confirmation and packaging fees. Unless otherwise noted in the description, for domestic (US) shipments the cost for postage, insurance and packaging is $5.00 for the first lot purchased and $2.00 for each additional lot. For International (non-US) shipments, lots will be sent via US Postal Service at a rate that will be determined after the auction based on the weight of the package and the buyer's address. Be advised that while we will combine lots to minimize the cost for International shipments, the cost of postage, insurance and packaging will start at approximately $15.00 per invoice and will increase based on the weight and destination of the shipment. Purchases are shipped within five to seven business days from the date of full and verified payment. Prior to bidding, please feel free to contact us for a quote on shipping for any particular lot(s). DISPUTES, JURISDICTION AND OHIO LAW: The laws of Ohio shall govern the auctions of Belhorn Auction Services, LLC. Any disputes that may arise in connection with the auction and/or any auction purchase, and all of the terms and conditions set forth herein above, shall be governed by and construed in accordance with Ohio law. Any one who participates in the auction and/or makes auction purchases agrees to submit to the jurisdiction of the courts of the State of Ohio with respect to any dispute arising in connection with the auction and/or any auction purchases. In the event that Belhorn Auction Services, LLC needs to bring an action to enforce the terms and conditions herein and/or to collect any sum due and owing to it Belhorn Auction Services, LLC shall be entitled in addition to collect its reasonable attorney's fees, collection agency fees, and cost of suit. Belhorn Auction Services, LLC is licensed by and bonded in favor of the State of Ohio. Licensing and regulation is overseen by the Ohio Department of Agriculture, Enforcement Division, Auctioneer Program, 8995 E. Main St. Bldg. 1, Reynoldsburg, Ohio 43068. If any provision of portion of these Terms and Conditions of Sale shall be deemed unlawful, void, or unenforceable under applicable law, that provision or portion shall be stricken and severed from the remaining provisions, which shall remain in full force and effect. Failure to enforce any of the provisions in these Terms and Conditions of Sale shall not be deemed a waiver of the right to enforce any other provisions of these Terms and Conditions of Sale.

Ohio sales tax of 6.75% will be charged for this auction for bidders at the auction and those residing in Ohio bidding by phone, absentee or internet bid unless a valid tax exemption number is provided. Any out-of-state bidders will not be charged Ohio sales tax but may be responsible to report purchases and pay use tax under their own state law.