One Ower Estate Pre-War Train Collection

Terms & Conditions for Internet Bidders for K. D. Smith Auctions Sale of Trains & Accessories on Sat. Nov 11th, 2006. 1) All Internet sales are subject to a 15% buyers premium. 2)All items are sold to the highest bidder without reserve in "AS IS – WHERE-IS" condition with all faults. No Warranty or Guarantee is expressed or implied. 3)K.D Smith Auctions has taken the utmost care to describe the condition and identify to the best of our ability each item/items; however, it is the responsibility of the buyer to inspect the merchandise prior to bidding as there is a No Return Policy. Descriptions in this catalog supercede all other printed material including captions on pictures. Hours of Preview for this sale are Thursday Nov. 9th 12 Noon – 7PM, Friday Nov. 10th, 12 Noon –9PM & Sat. Nov. 11th 10 AM – 3 PM. Returns are allowed ONLY if a gross description error has been made in the catalog or on the internet site. The Auctioneer is the sole judge for any returns. These issues must be brought to our attention no later than 21 days after the auction date. Late paying bidders agree to give up the right of return for any reason. David Doyles Standard Catalog of Lionel Trains 2005 & O’Brien’s Collecting Toy Trains Edition #5 where used as the primary reference source for identifying most of the trains and access. for this sale. 4)GRADING: Standards for toy train & accessories apply to the VISUAL appearance of the item only and do not consider the functionality of the equipment. Condition and grading are subjective, at best, and are intended only as a guide. Grading as follows: C10 - Without Flaw, Unblemished. C9 - Like new with a possible evidence of light handling. C8 – Excellent, All original, minor imperfections. C7 – Very Good, minor scratches & play wear. C6 Good – Signs of moderate play wear with scratches & minor paint loss. C5 – Fair, scratched, moderate paint loss, dents, evidence of heavy use. C4 – Poor, All Original but poor condition. Candidate for restoration. Note: Conditions of original boxes are NOT included in the grading. 5)Title of merchandise shall pass at the fall of the hammer or when the auctioneer says sold. The winning bidder assumes full responsibility once title has passed. 6)In the event of any dispute between bidders, the Auctioneer shall have the sole and final discretion either to determine the successful bidder or re-offer and resell the article in dispute. Even if there is a dispute with an eBay bidder, the auctioneer has final say on the article in dispute. 7)All items must be paid for in full before any items can be removed. 8)Terms of Payment: All payment must be received within 5 Business Days in the form of Visa/MC/Discover, Personal or Business Check (all checks must clear our bank prior to release of merchandise) Cash, Certified Funds, or Pay Pal. 9)Non-Payment will result in lost of all bidding privileges with K.D. Smith Auctions and bidder will be responsible for any collection, attorney & associated fees incurred by K.D.Smith Auctions in the collection process. 10)Internet bidders shall pay actual shipping & handling charges. Insurance is required on all shipments (no exceptions). 11)Live internet bidding will be available via Live Auctioneers & Ebay Live. In the event of technical difficulty, live bidders on the floor will be given precedence. 12)PA Residents are subject to 6% Sales Tax unless presented with a PA Resale Certificate. 13)The act of registering as a potential bidder constitutes the acceptance of the above stated Terms & Conditions.

Local Taxes Apply