Bullion Estate Liquidation Sale Series 2

All Billing will Be Done by In-House Invoicing Bidders must show valid ID Invoices greater than $3000 require payment via Wire Transfer Southern Collectibles LLC ? Official Auction Terms and Conditions PLACEMENT OF A BID CONSTITUTES A LEGALLY BINDING CONTRACT. By registering, bidding, purchasing, or participating in any Southern Collectibles LLC auction or private sale, the bidder acknowledges that they have read, understood, and agreed to all Terms and Conditions contained in this document. 1. SOLD AS-IS / WHERE-IS / WITH ALL FAULTS All items are sold strictly AS-IS, WHERE-IS, WITH ALL FAULTS. Southern Collectibles LLC makes no representations or warranties of any kind regarding authenticity, condition, grade, weight, metal content, provenance, merchantability, or investment value. The bidder assumes all risk regarding the purchase and agrees that no reliance is placed on any description or opinion provided. 2. BIDDER DUE DILIGENCE Bidders are solely responsible for verifying, inspecting, testing, and authenticating items prior to bidding. Bidders may schedule an appointment to inspect items and may bring testing equipment or specialists including numismatists, metallurgists, jewelers, or other professionals. 3. ALL SALES FINAL All sales are final. No refunds, cancellations, returns, or exchanges will be accepted unless authorized in writing by Southern Collectibles LLC. 4. PAYMENT TERMS All billing is conducted via Southern Collectibles LLC in-house invoicing. Payment is due upon receipt of invoice unless otherwise stated. Invoices exceeding $3,000 require payment via wire transfer unless otherwise approved in writing. 5. WIRE TRANSFER FINALITY Bidders acknowledge that wire transfers are irrevocable payment instruments. By sending a wire transfer, the bidder confirms that the payment is intentional, authorized, and final. Any attempt to recall or dispute a wire transfer after delivery of merchandise constitutes breach of contract. 6. PROHIBITION OF PAYMENT REVERSALS Bidders expressly agree not to initiate chargebacks, wire recalls, ACH reversals, stop-payments, credit card disputes, or other payment reversals after goods have been delivered or shipped. 7. CHARGEBACK FRAUD POLICY Initiating a chargeback, dispute, or payment reversal after shipment or delivery of merchandise constitutes breach of contract and may be treated as civil fraud. Southern Collectibles LLC reserves the right to pursue full recovery of funds including merchandise value, resale losses, administrative costs, legal fees, collection fees, and all associated damages. 8. CHARGEBACK PENALTY CLAUSE If a bidder initiates a chargeback, payment dispute, or reversal after shipment or delivery of merchandise, the bidder agrees to pay liquidated damages equal to 35% of the total invoice amount in addition to the original invoice balance, resale losses, administrative costs, and legal expenses. This amount represents a reasonable estimate of damages associated with fraud investigations, inventory recovery, resale losses, and administrative costs. 9. NON-PAYING BIDDER RESALE POLICY If a bidder fails to remit payment within the stated payment period, Southern Collectibles LLC reserves the right to cancel the transaction and resell the merchandise without further notice. The original bidder remains liable for any difference between the original hammer price and the resale price, along with all administrative fees, storage costs, marketing costs, and collection expenses. 10. TITLE RETENTION Title to purchased merchandise remains with Southern Collectibles LLC until full payment has been received and cleared. Ownership does not transfer until payment is final. 11. SHIPPING AND DELIVERY CONFIRMATION Shipment tracking numbers, carrier delivery scans, signature confirmation, insurance documentation, and shipping carrier records shall constitute proof of delivery. These records shall be considered valid evidence in any dispute regarding delivery or receipt of merchandise. 12. SHIPPING RISK TRANSFER Risk of loss transfers to the buyer upon delivery to the shipping carrier unless otherwise stated in writing. Insurance purchased for shipment covers loss during transit only and does not constitute a return privilege. 13. IDENTITY VERIFICATION Southern Collectibles LLC reserves the right to request identity verification prior to approving bids, shipping merchandise, or completing transactions. Verification may include government-issued identification, proof of address, bank verification, phone verification, or other documentation deemed necessary to prevent fraud. 14. FRAUD INVESTIGATION AUTHORIZATION By participating in the auction, bidders authorize Southern Collectibles LLC to investigate suspected fraud, payment disputes, or account misuse and to share relevant information with financial institutions, payment processors, auction platforms, shipping carriers, fraud prevention databases, and law enforcement authorities as necessary. 15. FRAUD AND BANK REPORTING Southern Collectibles LLC reserves the right to report suspected fraud, payment reversal attempts, deceptive conduct, or non-payment activity to financial institutions, payment processors, fraud investigation units, credit bureaus, auction platforms, and law enforcement agencies. 16. PERSONAL GUARANTEE Any individual placing a bid on behalf of a company, business entity, trust, or organization personally guarantees payment of the invoice and performance of all obligations under these Terms and Conditions. 17. LIQUIDATED DAMAGES If a bidder fails to complete payment or attempts payment reversal, Southern Collectibles LLC may recover liquidated damages including invoice value, resale loss, administrative costs, legal fees, collection expenses, and any difference in resale price. 18. STORAGE FEES Any merchandise not paid for or not shipped within the required timeframe may be subject to storage fees of $10 per item per day or 1% of the invoice value per week, whichever is greater. 19. CONSIGNOR INDEMNIFICATION Southern Collectibles LLC acts as an agent for consignors. Bidders agree to indemnify and hold Southern Collectibles LLC and consignors harmless from damages resulting from bidder default, fraudulent disputes, or payment reversals. 20. UCC SECURITY INTEREST Southern Collectibles LLC retains a security interest in all merchandise until invoices are paid in full. Southern Collectibles LLC shall have all rights of a secured creditor under the Uniform Commercial Code (UCC). 21. COLLECTION COSTS Any unpaid invoices referred to collections or legal counsel will incur all attorney fees, court costs, administrative fees, interest, collection costs, and recovery expenses permitted by law. 22. BIDDER ACCOUNT SUSPENSION Southern Collectibles LLC reserves the right to suspend, restrict, or permanently ban bidding privileges for any individual or entity at its sole discretion. 23. PLATFORM COOPERATION Southern Collectibles LLC reserves the right to share bidder conduct, fraud reports, and payment dispute information with auction platforms and industry partners for the purpose of fraud prevention. 24. LIMITATION OF LIABILITY Southern Collectibles LLC shall not be liable for market fluctuations, grading disputes, authentication disagreements, investment losses, or any indirect or consequential damages arising from participation in the auction. 25. ARBITRATION AGREEMENT All disputes shall be resolved through binding arbitration conducted in Madison County, Alabama. Bidders waive the right to jury trial and agree that arbitration shall be the sole remedy for dispute resolution. 26. GOVERNING LAW These Terms and Conditions shall be governed by and interpreted under the laws of the State of Alabama. 27. ACCEPTANCE OF TERMS By placing a bid, the bidder acknowledges acceptance of these Terms and Conditions and confirms that they are entering into a legally binding agreement with Southern Collectibles LLC.