Coin Auction

Dotta Auction Company, Inc. 330 W. Moorestown Road, Nazareth, PA 18064 PA. License AY-1950-L (610) 759-7389 or (610) 433-7555 Fax (610) 759-3992 All bidders are responsible for reading and understanding these Terms & Conditions, as well as any supplemental notices. 1. GENERAL Each lot in this catalog is offered for sale subject to the terms set out below, as changed or supplemented by provisions a) written in other places within these Terms & Conditions, b) in written supplements to this catalog or other materials prepared by us and c) as stated by the auctioneer or posted in writing at the auction, prior to a bid being accepted for a lot. No other communications by any employee of Dotta Auction Company is intended to be binding, and such communications are made for informational purposes only. By bidding at the auction the buyer and all bidders agree to be bound by these terms or those changed and supplemented, whether bidding in person, through a representative, by phone, by internet or other absentee bid. Upon the announcement by the auctioneer, the successful bidder becomes the buyer and is immediately responsible for the amount of the successful bid, the buyer's premium, applicable taxes, and other charges provided for in the Terms of Sale. 2. BUYER'S PREMIUM, PURCHASE PRICE, TAXES, AND BILLING The buyer's premium on property purchased on eBay Live Auctions will be in the amount of either 22% (below $50,000) or 17% ($50,000 and above) of the successful high bid regardless of payment method. All bidding at auction and all purchases will be in U.S. Dollars. Applicable taxes shall include Pennsylvania sales tax, use tax, excise tax, and other taxes or levies. Only valid resale certificates are accepted as proof of exemption from Pennsylvania sales tax by U.S. dealers. No Pennsylvania sales tax is charged for purchases shipped out of state. All successful bidders will be sent invoices by mail or e-mail on the week after the auction. Upon the fall of the auctioneer's hammer, the successful bidder becomes the buyer and owner of the property and is responsible for the property, the amount of the successful bid, the buyer's premium, applicable taxes, and other charges provided for in the Terms & Conditions in U.S. Dollars, payable immediately. 3. METHODS OF PAYMENT AND FEES Acceptable Payments: Check, Visa, MasterCard, PayPal, and Discover. All payments are due immediately upon receipt of invoice. We reserve the right to hold all goods paid for by check until payment has cleared. If payment is not received within 5 (five) days from the day we email the invoice, we will have no choice but to place an NPB on the Buyer's account. If payment is not received within ten (10) days of sale, then Dotta Auction Company reserves the right to impose from the date of sale a late charge of 5% of the total invoice for the storage fee, plus the actual weekly storage fees and deny all future purchases. 4. CONDITION OF ITEM All items are served "as is, where is". Grading conditions are given only as an estimate and are not guaranteed. Unless otherwise noted, items are in as found condition with normal wear reflecting the age of the piece. 5. BID INCREMENTS The auctioneer has the sole and exclusive power, discretion, and authority to regulate the bidding and its increments. 6. INTERNET BIDS The user of eBay Live Auctions, LiveAuctioneers indemnifies and holds Dotta Auction Company and its consignors harmless against any claim arising out of or resulting from your use of the eBay Live Auctions and LiveAuctioneers' 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 Dotta Auction Company 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. 7. AUCTIONEER'S DETERMINATION FINAL A lot will be sold to the highest bidder as determined in the sole and exclusive judgment of the auctioneer. The auctioneer will also have 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, d) exclude any bidder from the premises and e) otherwise regulate the bidders, the bidding and its increments. 8. ESTIMATES The estimates provided in this catalog are our opinion of the price that a willing buyer would pay for the property at auction. These estimates are opinion, based, where possible, on prices paid for comparable items sold in the past. They are neither a representation nor a prediction of the actual selling price which may be substantially different from these estimates. We shall not be liable in any way for such a difference. 9. WITHDRAWAL OF PROPERTY FROM SALE Dotta Auction Company reserves the right to withdraw property from the sale for any reason and with no liability whatsoever for such withdrawal. 10. RESCISSION BY THE AUCTION HOUSE In the event Dotta Auction Company receives notice of an adverse claim with respect to purchased property, Dotta Auction Company shall have the right (but not the obligation), in its sole and absolute discretion, to rescind the sale to the buyer, upon written notice to the buyer. Upon such notice, the buyer will promptly return the purchased property to Dotta Auction Company premises in the same condition as when purchased. Dotta Auction Company will then promptly refund the purchase price, including the buyer's premium and applicable taxes paid. Buyer will have no further recourse against Dotta Auction Company or the consignor. Dotta Auction Company and the consignor shall not be liable for any damages of any nature suffered by the buyer. 11. PAYMENT, COLLECTION, AND SHIPPING RESPONSIBILITIES OF BUYER Buyer Obligations: On the fall of the auctioneer's hammer, title to the property immediately transfers to the successful bidder who, in turn, becomes the buyer of the Property. The buyer assumes full risk and responsibility for the purchased Property, including all costs and expenses of handling, shipping, insurance, taxes, export, and otherwise, and is liable for the full purchase price, plus the buyer's premium, applicable taxes and any other associated expenses. Collection of Property and Storage Charges: The buyer will pay for the purchased Property immediately and remove it from the premises of Dotta Auction Company. If the purchased Property is not removed within fourteen (14) days of the sale, the buyer will thereafter be assessed a $20 per lot storage charge per day. Dotta Auction Company may, at its discretion, remove the purchased Property to public storage at the buyer's risk and expense. All associated charges will be added to the total invoice and must be paid in full before the Property will be released. Packing and Shipping: The buyer is responsible for the shipment of all purchased Property. As a convenience to the buyer, Dotta Auction Company, if requested, will offer suggestions of local shipping companies. If you have any shipping preference for any reason, please make sure your shipper carries insurance. We are not responsible for any damage or loss that occurs while your objects are in another's care. We will also not be responsible for any damage or loss that occurs if you choose a shipping method that we have advised against and we will require a waiver from you acknowledging this. All international customs, duties, and other tariffs are the responsibility of the Buyer. Dotta Auction Company will declare the selling price as the value in all cases. 12. BUYER DEFAULT If any of the Terms & Conditions are not fully complied with by the buyer, the buyer will be in default without need of notice by Dotta Auction Company. The buyer shall be liable to Dotta Auction Company and the consignor for the total purchase price, including all premiums, charges, and expenses specified in the Terms of Sale. Interest shall accrue at the rate of 18% per annum commencing with the date of the auction. In addition to other remedies available to Dotta Auction Company by law may, at its option, a) cancel the sale of the lot(s) on which the buyer defaulted and of any other lots sold to the defaulting buyer at the same or any other auction(s) and retain as liquidated damages all payments made by the buyer, b) resell the purchased Property, whether at public auction or private sale, or c) pursue any combination of a) and b) above. In event of default, the buyer will be responsible to Dotta Auction Company and the consignor for any deficiency, any and all costs and expenses, including reasonable attorneys' fees, collection fees and expenses, late charges, and other damages 13. GOVERNING LAW AND FORUM FOR DISPUTES The laws of Pennsylvania shall govern the auctions of Dotta Auction Company. 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 Pennsylvania 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 Pennsylvania with respect to any dispute arising in connection with the auction and/or any auction purchases. In the event Dotta Auction Company needs to bring an action to enforce the Terms and Conditions herein and/or to collect any sum due and owing to it Dotta Auction Company shall be entitled in addition to collect its reasonable attorney's fees, collection agency fees, and cost of suit. 14. LIMITATIONS OF LIABILITY Dotta Auction Company acts only as the agent for the consignor and in no event will be liable for any breach or default by the consignor. 15. SEVERABILITY AND WAIVER If any provision or portion of these Terms & Conditions 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 & Conditions shall not be deemed a waiver of the right to enforce any other provisions of these Terms of Sale. 16. NO ASSIGNMENT Unless Dotta Auction Company consents in writing, buyers may not assign their rights or any of their obligations related to an auction or other sale by Dotta Auction Company.

Local Taxes Apply