Morphy Coin Auctions June 24th, 2008

GUIDE FOR BUYERS: We advise all bidders to read the Terms and Conditions of the Sale as set forth in this catalog. Those who bid are bound by those Terms and Conditions of the Sale, as amended by any oral announcement or posted notices, which together form the contract of the sale between the successful bidder (purchaser), Morphy Coin Auctions and the seller (consignor) of the lot. Terms of Sale: When bidding on any lot offered by Morphy Coin Auctions, the bidder indicates acceptance of the following Terms of Sale: Condition of Items Morphy Coin Auctions makes every effort to accurately describe all items offered in its sales, however all items for sale are "as is," and it is the bidder's responsibility (present or absentee bidders) to determine the exact condition of each item. Morphy Coin Auctions will not be held responsible for typographical errors. All items will be available for preview prior to the auction. Rights & Responsibilities The auctioneer will determine the highest bidder. The auctioneer alone has the right to reopen the bidding of an item if deemed necessary due to a dispute. Morphy Coin Auctions and its representatives reserve the right to remove those attendees who impede the previews and/or the auction. Title to all merchandise shall pass to the highest bidder at the fall of the auctioneer's hammer. The buyer will then assume all risk and full responsibility of the lot purchased once ownership has changed. Post-Sale Return Policy: Every effort is made to insure those descriptions are accurate and that they fully disclose any exceptions to condition. Buyers who wish to report a problem with a purchase they have made must notify Morphy Coin Auctions within three (3) days of receipt of their purchased item. If a return is authorized by Morphy Coin Auctions, the item in question must be shipped, with full insurance, so it arrives in Morphy Coin Auctions' possession within one week of the aforementioned authorization. With respect to all returns, it is the buyer's responsibility to cover the cost of shipment and insurance, regardless of the reason for the return. Morphy Coin Auctions will NOT reimburse shipping costs to buyers who return auction goods. Return Fees. A 5% restocking fee ($10 minimum) will be charged to all returned auction items. All merchandise must be paid for within FIVE days of the date of sale-no exceptions. We reserve the right to cancel any unpaid order at that time and void the bidder from future sales. Absolutely NO returns will be accepted on any item that was not paid for/and or returned to Morphy Coin Auctions within 10 days of the sale date (see above for other return qualifications). Buyer's Premium A 20% buyer's premium will be added to all successful purchases made via eBay Live and is payable by the purchaser as part of the total purchase cost. Credit card & Pay Pal accepted for purchases up to $10,000.00. Morphy Auctions reserves the right to hold items paid for by personal check until said check clears. Online payments should be received within five (5) days. Grading - All coins in this auction have been graded by PCGS,NGC or ANACS Sales Tax Effective September 4, 2006 there is no PA state sales tax on investment coins and investment bullion in the state of Pennsylvania. Shipping Shipping costs will be billed separately and are non-refundable. Items will ship 2-3 days after payment is received. International Shipping Charges A $25 charge will be applied for USPS International (insured) shipping on all orders; $10 charge for Canada/UK orders under $50. Delivery restrictions apply in certain areas. It is not possible for Morphy Coin Auctions to ship to some countries. NOTE: Customs requirements for each country is the responsibility of the buyer. All packages shipped outside of the United States will have the required customs declaration and full value of the order. Major Credit Cards Visa & MasterCard for auction payments up to $10,000 per invoice. Balances over $10,000 must be paid via personal or certified check, money order or wired funds. Paypal Paypal is accepted on invoices up to $10,000. Balances over $10,000 must be paid via personal or certified check, money order or bank wired funds. Send Paypal payments to: pay@mlcoinauctions.com Personal checks, money orders and cashier's checks are accepted but will be held for 10 business days to clear appropriate banking channels before we ship (unless references are provided). Bank Wire Please contact Leah Witmer for routing instructions to send funds via bank wire transfer. Checks & Money Orders should be received within five days. Online purchases should be received within five days of auction closing. Reserves The minimum opening bid for a lot will reflect the reserve. ALL SALES ARE FINAL License No. AY002028

Local Taxes Apply