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- Lyn Knight - Fall 2013 Coin Auction
Overland Park, KS, United States
DoneSat, Oct 26, 2013 4:00 PM UTC
Lyn Knight - Fall 2013 Coin Auction
Lyn Knight Auctions is proud to announce that our Fall Coin Auction for October 26th at our location in Lenexa, Kansas. Some of the lots include: Complete set of $2 ½ Indians (1908-1929) with the elusive 1911-D in PCGS AU55; Many $1, $2.5, $5, $10, $20 Liberty and Indian design gold; A variety set of Half Cents and Large Cents (minus the 1793 Chain cent and 1793 Liberty Cap); Standing Liberty quarter set (minus 1916, 18/17-S); Buffalo Nickel set including the 1937-D three leg; Mid-grade Mercury Dime set;1881-S Morgan Dollar PCGS MS68 (CAC);1995-W 10th Anniversary Set in the original box; Many Commemorative half dollars
Auction Info
Auction & Auctioneer Information
Contact Auctioneer
Preview
Lot viewing is at our office by appointment between October 23rd and 24th and on October 25th from 12:00pm- 6:00pm . Lots can also be viewed at the Johnson County Numismatic Society Coin Show October 12th -13th at the Lenexa Community Center (see their website for more details) and at the Silver Dollar and Rare Coin Exposition at the Saint Charles Convention Center, One Convention Center Plaza, Saint Charles, Missouri on October 17th-18th.
Buyer's Premium
- 18%
Terms & Conditions
Terms and Conditions
1.Auction house may amend the Terms & Conditions at
any time and will post the amended Terms online. Acceptance of our Terms
also includes any future changes to the Terms & Conditions.2.Shipping fees
shall be determined by the value of the item shipped and added to the total
invoice. The following rates are for shipping within the United States and
for regular weight items. Additional fees will be charged for oversized or
heavy weight items.
$6.50 for $1-499 shipments
$10 for $500-2499 shipments
$20 for $2500-10000 shipments
$32 for S10000-25000 shipments
$47 for $25001-50000 shipments
$57 for $50001-100000 shipments
A $15 fee will be charged for shipment of all international packages.
3.Auctioneer reserves the right to withdraw any lots, prior to close, from
the auction.4.Auction house and auctioneer are not responsible for any loss
of profits or damages from an interruption in internet connection, data
transmission, and/or browser failure. Auction house and auctioneer are not
responsible for loss of bids due to connectivity disturbance or internet
interruption.5.Bidding priority- Proxy bids will be taken based on date and
time received as greatest priority. Live online and floor bidding priority
will be determined at the auctioneer's discretion.6.A Buyer's Premium of
fifteen percent (15%) will be added to the total amount of all invoices
that are being handled through our in-house procedures of payments using
cash, money order, bank wire or a pre-approved personal check. This
includes invoices from the Knight Live Auction with the same in-house
payment methods. We do NOT accept these forms of payment: Cashier's checks
and credit card checks7.A cut bid will split the increment in half. You may
place a CUT bid once per lot. Your cut bid will only be allowed one time
per lot number. A cut bid is recognized as your final bid for the lot. You
will not be able to bid higher on the same lot once you have cut the bid.8.The
cut bid tool can only be used once per increment for all bidders. If
someone cuts the bid in the current increment, it is not available until
the next increment.Existing Lyn Knight Terms:9.*Auction Basics.* This is a
public auction sale ("Auction Sale") conducted by licensed and bonded
Auctioneers, Lyn Knight Currency Auctions (hereinafter referred to as
"Auctioneer" and at times as "Knight"), In association with Hal Hunt
Enterprises, Inc., TN Firm License #5763 and Harry Hunt Jr., TN Auctioneers
License #2381.
Bidding in this Auction Sale constitutes acceptance by you ("Bidder") of
all the Terms and Conditions of Auction Sale stated herein. Bidders may
include consignors who may bid and purchase lot(s) in the Auction Sale
consigned by the consignor or by other consignors pursuant to their
consignment agreement with Knight ("Consignor" and "Consignors"). A
Consignor that bids on their own lots in the Auction Sale may pay a
different fee than the buyer's premium charged to all other buyers. Knight
reserves the right to include in any auction sale its own material as well
as material from affiliated or related companies, principals, officers or
employees. Knight may have direct or indirect interests in any of the lots
in the auction and may collect commissions. THE TWO PRECEEDING SENTENCES
SHALL BE DEEMED A PART OF THE DESCRIPTION OF ALL LOTS CONTAINED IN THE
CATALOGUE. Pursuant to a separate agreement with Knight, Consignors or
their agents may be permitted to bid on their own lots in the sale and may
receive a rebate commission in whole or part if successful. Where the
Consignor has re-purchased a lot and the lot is either returned to the
Consignor or otherwise dealt with or disposed of in accordance with the
Consignor's direction, or pursuant to contractual agreement, Knight
reserves the right to so note in the Prices realized or to omit a price
from the prices realized. Knight may bid for its own account at any
auction. Knight may have information about any lot that is not known
publicly, and Knight reserves the right to use such information, in any
manner determined solely by Knight and for the benefit of Knight without
disclosing such information in the catalog, catalog description or at the
auction. Bidder acknowledges and agrees that Knight may not be required to
pay a Buyer's Commission, or other charges that other Bidders may be
required to pay and may have access to information concerning the lot(s)
that is not otherwise available to the public. Any claimed conflict of
interest or claimed competitive advantage resulting therefrom is expressly
waived by all participants in the Auction Sale. Lot(s) may carry a Reserve.
A Reserve is a confidential price or bid below which the Auctioneer will
not sell an item or will re-purchase on behalf of the Consignor or for
Knight.10.*Descriptions and Grading.* Bidder acknowledges as follows:
Grading and evaluation is an art and not a science. The grade, mintmark,
quality, designation, variety, rarity, provenance, and historic relevance
of any items in this sale are qualified statements of good faith opinion of
Knight or its Consignor(s). It is possible that two people will not always
grade the same item alike. Also, as market conditions change, grading
standards change, and will most likely continue to do so in the future.
Each Bidder's own examination of the item(s) is the criterion and not the
grade represented by another. Every effort is made by Knight to determine
provenance and authenticity. It is the Bidder's responsibility to arrive at
a final conclusion prior to bidding. In any purchase or sale, the value of
the item(s) is determined by the price. THE BIDDER HEREBY ASSUMES ALL RISKS
OF VALUE CONCERNING ANY AND ALL PURCHASES. All photographs in this
catalogue are of the actual items being sold but may not be the actual size
or to scale.11.*The Bidding Process.* The auctioneer may open or accept the
bidding on any lot by placing a bid on behalf of the Consignor or his or
her agent, a Bidder by mail, telephone, internet or telefax; or any other
participant in the Auction Sale. Mail bidders are urged to send their bids
early, and are reminded that fax bids must be sent to (913) 338-4754 and
received no later than 24 hours prior to the start of each session or live
auction bidding in order to be recognized. No bids less than 60% of the low
estimate will be considered or entered and no lots will be sold for less
than face value. The Auctioneer may accept or decline any bid, challenge to
any bid or bidding increment, as the Auctioneer in their sole discretion
shall determine. Bids must be for an entire lot and each lot constitutes a
separate sale. No lot will be broken up unless otherwise permitted by the
Auctioneer. Lots will be sold in their numbered sequence unless Auctioneer
directs otherwise. It is unlawful and illegal for Bidders to collude, pool,
or agree with another Bidder to pay less than the fair value for lot(s).
Bidders in the Auction Sale acknowledge that the law provides for
substantial penalties in the form of treble damages and attorney's fees and
costs for those who violate these provisions. All material shall be sold in
separate lots to the highest Bidder as determined by the Auctioneer. If any
dispute arises, Auctioneer shall have the right to rescind the acceptance
of the bid and place the lot(s) for Auction Sale again. Auctioneer's
decision shall be final. For the Mail and Internet Bidder's protection, no
"unlimited" or "buy" bids will be accepted. When the identical bids are
received for a lot, preference is given to the first bid received as
determined by the Auctioneer. A mail bid will take precedence over an
identical floor bid; a Floor Bidder and Telephone Bidder must bid higher
than the highest mail bid to be awarded any lot. Auctioneer reserves the
right to refuse any bid, to reduce any mail bid received, to open the
bidding of a lot at any level deemed appropriate by the Auctioneer and to
determine the prevailing bid, at his sole discretion. THIS IS NOT AN
APPROVAL SALE. Bidders who physically attend the Auction Sale, either
personally or through an agent ("Floor Bidders") should carefully examine
all lots which they are interested in purchasing. Bidders who bid by
telephone, either personally or through an agent, receive a similar benefit
as Floor Bidders, in being able to actively participate in the live Auction
Sale ("Telephone Bidders"). Therefore, except as otherwise provided in
these Terms and Conditions of Auction Sale, NO LOT MAY BE RETURNED THAT IS
PURCHASED BY A FLOOR BIDDER, A TELEPHONE BIDDER, AND OTHER BIDDERS WHO HAVE
HAD THE OPPORTUNITY TO VIEW THE LOT(S), OR ANYONE PRESENTING KNIGHT WITH A
RESALE CERTIFICATE OR OTHER EVIDENCE THAT THEY ARE ACTING AS A
DEALER.12.*Bidder
Registration Required.* All persons seeking to bid must have a catalogue
and register to bid at the auction by completing a registration card or bid
sheet. By submitting a bid, the Bidder acknowledges that Bidder has read
the Terms and Conditions of Auction Sale, the descriptions for the lot(s)
on which they have bid, and that they agree to adhere to these Terms and
Conditions of Auction Sale. This agreement shall be deemed to have been
made in Kansas. The bidder acknowledges that the invoice describing a lot
by number incorporates the catalogue and Terms and Conditions of Auction
Sale.13.*Prices, Payment and Delivery.* The Buyer's Premium of eighteen
percent (18%) will be added to the total amount of all invoices when paid
by any means OTHER than cash, check, bank wire or money order. The Buyer's
Premium will be further discounted to fifteen percent (15%) when handled
through our regular in-house procedures, including payments using cash,
bank wire, money order or a good check (with pre-approval). *Please note
that credit card checks and cashier's checks are not acceptable forms of
payment.* No extra fees are added for using Knight Live, our live auction
system. Payment is the same for Knight Live as it is for all other bidding
methods. An international bank wire fee will be charged of $37.50. A
reacquisition charge may apply to Consignors pursuant to a separate
agreement, which may be higher or lower than the Buyer’s Commission. Unless
otherwise agreed in writing, auction sales are strictly cash in U.S. funds
payable through a bank in the United States. No credit card checks will be
accepted as payment for auction lots. On any cash transaction or series of
transactions exceeding $10,000, Treasury form 8300 will be filed. Contact
Knight for wiring instructions before sending a wire. Lots must be paid for
the earlier of receipt invoice or delivery. Knight reserves the right to
decline to release lots for which good funds have not yet been received. On
any accounts past due, Knight reserves the right to extend credit and
impose periodic charges. Bidder agrees to pay reasonable attorney’s fees
and cost incurred to collect on such past due accounts. Bids will not be
accepted from those persons under eighteen (18) years of age without a
parent’s written consent which acknowledges the Terms and Conditions of
Auction Sale herein and agrees to be bound thereby on behalf of the Bidder.
Bidders personally and unconditionally guarantee payment that are or become
owed to Knight. If a corporation is the Bidder, the corporate
representative present at the sale shall provide Knight at the time of
registration with a statement signed by each principal, director and
officer that they each personally and unconditionally guarantee any and all
current or future obligations owed to Knight or such other statement as may
be acceptable to Knight, in the sole discretion of Knight Bidders who have
not established credit with Knight must furnish satisfactory credit
references or deposit at least twenty-five percent (25%) of their total
bids for that Auction Sale session(s) or such other amounts as Knight may,
in its sole and absolute discretion, require before such bids will be
accepted. Deposits submitted will be applied to purchases. Bidders agree to
pay an additional fee for packing, handling, postage and insurance on lots
mailed to them, which fee shall be determined by the value of the item(s)
shipped and added to the total invoice as follows: $6.50 for $1-499
shipments; $10 for $500-2499 shipments; $20 for $2500-10000 shipments; $32
for S10000-25000 shipments; $47 for $25001-50000 shipments; $57 for
$50001-100000 shipments. For shipments valued over $100,000 the fee will be
determined at the time of the sale. Bidders outside the United States shall
be invoiced for Knight’s shipping costs (an additional $15 handling fee
will be added to International Bidders invoice), but agree to provide their
own insurance on lots shipped to them (Knight shall not be responsible for
non-delivery of lots shipped to addresses outside the United States). Any
remaining deposits will be promptly refunded, upon clearance of funds.
*Shipping
prices are listed above in item 2.* Knight will not assume responsibility
for the shipping and packaging of certain larger items or items of a more
fragile nature sold in this sale as determined by Knight. It is the
Bidder’s responsibility to contact Knight after the sale to make shipping
and packaging arrangements. Due to the fragile nature of some lots, Knight
may be forced to charge additional shipping and handling. Lots indicated as
being “framed” are shipped at the Bidder’s risk. Taxes, postage, freight
charges, if applicable handling, insurance and Buyer’s commission, and any
other fees required by law to be charged or collected will be added to the
invoice for any lot(s) that is invoiced to successful Bidders. On any tax
not paid by Bidder which should have been paid, even if not collected
Knight by mistake, error, negligence or gross negligence, Bidder agrees to
promptly pay the same on demand together with any interest or penalty that
may be assessed. Title to any lot remains with Consignor, any secured party
of the Consignor, or Consignor’s assigns, as the case may be, until the lot
is paid for in full by Bidder. Knight reserves the right to require payment
in full before delivering any lot to the successful Bidder The RISK OF LOSS
passes to the Bidder upon delivery of the lot(s).14.*Financial
Responsibility.* In the event a successful Bidder fails to make payment
when due, Knight reserve the right to resell the lot(s) in a commercially
reasonable manner, which may include a private sale. Bidder agrees to pay
for the reasonable cost of such a sale, together with any incidental costs
of sale, including reasonable attorney's fees and costs, cataloguing and
any other reasonable charges. Bidder grants Knight or its assigns the right
to offset any sums due, or found to be due to Knight, and to make such
offset from any past, current or future consignment, purchases that are in
the possession or control of Knight, or from any sums due to Bidder by
Knight. Bidder further grants Knight a purchase money security interest in
such items to the extent applicable. Bidder agrees that Knight and its
assigns shall be a secured party with respect to items bought by Bidder and
in the possession of Knight, to the extent of the maximum indebtedness,
plus all accrued expenses attorney fees and costs, until the indebtedness
is paid. Bidder grants Knight the right to file a UCC-1 financing statement
on such items without need for Bidders signature and to assign such
interest to any affiliated or related company or any third party deemed
appropriate by Knight. If the auction invoice is not paid for in full when
due per invoice terms, the unpaid balance will earn interest at the rate of
one-and-one-half percent (1-1/2%) per month until it is paid in full. In
the event this interest rate exceeds the interest permitted by law, the
same shall be adjusted to the maximum rate permitted by law. Bidder agrees
to pay all reasonable attorney's fees, court costs and other collection
costs incurred by Knight or any affiliated or related company to collect
past due invoices. Knight reserves the right to assign its interest to any
third party.15.*DISCLAIMER AND WARRANTIES.* NO WARRANTY OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE IS MADE OR IMPLIED ON ANY LOT. NO
WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH RESPECT TO ANY LOT
EXCEPT FOR WARRANTY OF TITLE, AND IN THE CASE OF TITLE, AUCTIONEER IS
SELLING ONLY THAT RIGHT OR TITLE TO THE LOTS THAT AUCTIONEER MAY HAVE BY
VIRTUE OF THE CONSIGNMENT AGREEMENTS WITH CONSIGNORS AS OF THE AUCTION SALE
DATE. PURCHASER HEREBY ASSUMES ALL RISKS CONCERNING AND RELATED TO THE
GRADING OF A LOT.a.All sales of items (1) viewed by Bidders in advance of a
sale, even if the sale is by mail, telefax or internet, or (2) bid upon by
Floor Bidders, Telephone Bidders and Bidders who present Knight with a
resale certificate, out of state resale certificate, or similar evidence in
acting as a dealer; ARE FINAL AND MAY NOT BE RETURNED.b.Any and all claims
that an item is not authentic, must be made in writing to Knight within
five (5) calendar days after receipt of the item.c.If an item or items are
returned pursuant to the terms herein, they must be housed in their
original, sealed and unopened container, as the case may be.d.Late
remittance or removal of any item from its original container constitutes
just cause for revocation of all return privileges.e.Grading or condition
or other attributes of the lots may have a material effect on the value of
the item(s) purchased, and the opinion of others (including independent
grading services) may differ with the independent grading services opinion
or interpretation of Knight. Knight shall not be bound by any prior or
subsequent opinion, determination or certification by any independent
grading service.f.All oral and written statements made by Knight and its
employees (including affiliated and related companies) are statements of
opinion only, and are not warranties or representations of any kind, unless
stated as a specific written warranty, and no employee or agent of Knight
has authority to vary or alter these Terms and Conditions of Auction Sale.
Any alteration shall be effective only if in writing and signed by an
officer of Knight authorized to do so.g.Bidders shall have no recourse
against the Consignor for any reason whatsoever.h.Notwithstanding anything
to the contrary in these Terms and Conditions of Auction Sale. LOTS LISTED
IN THIS CATALOGUE GRADED BY ANY THIRD PARTY GRADING SERVICE MAY NOT BE
RETURNED FOR ANY REASON WHATSOEVER.i.Bidder acknowledges that the market
for currency and related collectibles is speculative, unregulated and
volatile, and that prices may rise or fall over time. Knight does not
guarantee that any customer buying for investment purposes will be able to
sell for a profit in the future.16.*Waiver and Release.* Bidder, for
himself, his heirs, agents, successors and assigns, generally and
specifically waives and releases, and forever discharges Knight, and its
respective affiliates, parents, shareholders, agents, subsidiaries,
employees, members of their respective boards of directors, and each of
them, and their respective successors and assigns from any and all claims,
rights demands and causes of actions and suits, of whatever kind or nature,
whether in law or equity, whether known or unknown, suspected or
unsuspected, which Bidder may claim to have with respect to and/or arising
out of, or in connection with any challenge to the title to any goods
purchased, the sale itself, and/or the auction, except where such
reimbursement is otherwise authorized in these Terms and Conditions of
Auction Sale. It is the intention of Bidder that this waiver and release
shall be effective as a bar to each and every claim, demand, cause of
action and suit that may arise hereunder, and Purchaser hereby knowingly
and voluntarily waives any and all rights and benefits otherwise conferred
upon him by the provisions of Section 1542 of the California Civil Code,
which reads in full as follows. "A GENERAL RELEASE DOES NOT EXTEND TO
CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT
THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE
MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR."17.*Disputes.* If a
dispute arises concerning ownership of a lot that has been bid upon, Knight
reserves the right to commence a statutory inter-pleader proceeding at the
expense of the Consignor and successful Bidder and any other applicable
party, and in such event shall be entitled to its reasonable attorney's
fees and costs. Knight reserves the right to postpone the Auction Sale or
any session thereof for a reasonable period of time for any reason
whatsoever. No Bidder shall have any claim as a result thereof, including
incidental or consequential damages. Neither Knight nor any affiliated or
related company shall be responsible for incidental or consequential
damages arising out of any failure of the Terms and Conditions of Auction
Sale, the auction or the conduct thereof and in no event shall liability
for any such failure exceed the purchase price, premium or fees paid. If
the Bidder fails to comply with one or more of these Terms and Conditions
of Auction Sale, then, in addition to all other remedies which it may have
at law or in equity, Knight may at its sole option either (a) cancel the
sale, retaining all payments made by Bidder as liquidated damages, it being
recognized that actual damages may be speculative or difficult to compute,
or (b) sell a portion or all of the lot(s) held by Knight, in a quantity
sufficient in the opinion of Knight to satisfy the indebtedness, plus all
accrued charges, and Knight may sell such portion at an auction sale or
private sale conducted by Knight and charge a seller's commission that is
commercially reasonable. More than one such sale may take place at the
option of Knight. Notice of the sale shall be by U.S.P.S. Certified Mail,
Return Receipt Requested to the address utilized on the Bid Sheet, Auction
Consignment and Security Agreement or other last known address by Knight.
The proceeds shall be applied first to the satisfaction of any damages
occasioned by Bidder's breach then to any other indebtedness owed to
Knight, including without limitation, commissions, handling charges, the
expenses of both sales, reasonable attorney's fees, costs, collection
agency fees and costs and any other costs or expenses incurred Bidder is
also liable to Knight if the proceeds of such sale or sales is insufficient
to cover the indebtedness. Rights granted to Bidders under the within Terms
and Conditions of Auction sale are personal and apply only to the Bidder
who initially purchases the lot(s) from Knight. The rights may not be
assigned or transferred to any other person or entity, whether by sale of
the lot(s), operation of law or otherwise. Any attempt to assign or
transfer any such rights shall be absolutely void and unenforceable. No
third party may rely on any benefit or right conferred by these Terms and
Conditions of Auction Sale.18.*General Terms.* These Terms and Conditions
of Auction Sale and the auction shall be construed and enforced in
accordance with, and governed by, the laws of the State of Kansas,
regardless of the location of the Auction Sale. Bidder acknowledges and
agrees that the competent courts of the State of Kansas shall have
exclusive jurisdiction over any dispute(s) arising hereunder, and Bidder
hereby agrees that any dispute arising hereunder shall be litigated
exclusively in the courts of the State of Kansas, regardless of any party's
current or future residence or domicile. Bidder further agrees that venue
shall be in the Superior Court for Johnson County, in the State of Kansas.
Bidder agrees that any legal action with respect to this Auction sale is
barred unless commenced within one (1) year of the date of this Auction
Sale. Bidder may have the right to submit disputes to binding arbitration
pursuant to the rules of the Professional Numismatics Guild ("PNG"). If any
section of these Terms and Conditions of Auction Sale or any term or
provision of any section is held to be invalid, void, or unenforceable by
any court of competent jurisdiction, the remaining sections or terms and
provisions of a section shall continue in full force and effect without
being impaired or invalidated in any way. Knight may at its sole and
absolute discretion, make loans or advances to Consignors and/or Bidders.19.
*Acceptable bidding increments:*
$10 on $1 to $100
$25 on $101 to $500
$50 on $501 to $1,000
$100 on $1,001 to $2,000
$250 on $2,001 to $5,000
$500 on $5,001 to $10,000
$1,000 on $10k to $30k
$2,000 on $30k to $50k
$5,000 on $50k to $100k
$10k on $100k to $250k
$20k on $250k to $700k
$50k on $700k and up
Floor increments are at the discretion of Auctioneer.20.*Return Policy:*
For Bidders by mail, telefax or internet, who have not had the opportunity
to view the lot(s), if there is a material error in the catalogue
description, the lot may be returned if written notice is received by
Knight within five (5) calendar days of receipt of the lot(s). The lot(s)
must be received by Knight no later than twenty-one (21) calendar days
after the Auction Sale in the same condition the lot(s) were delivered to
the Bidder, in their original containers. Late remittance constitutes just
cause for revocation of all return privileges. All prospective Bidders who
have had the opportunity to examine the lot(s) prior to the Auction sale
personally assume all responsibility for any damage that Bidder causes
while handling or examining lot(s). Knight shall have sole discretion in
determining the value of the damage caused, which shall be promptly paid by
the prospective Bidder.21.*Privacy Policy:*
All information gathered by Lynknight through your order is kept
strictly confidential and will not be distributed or sold to any company or
individual. The information will be used only to make sure that your order
is completed in the quickest manner possible. We assure you that all online
transactions will take place through a secured server.
Bid Increments
PriceBid Increment
$0.00$10.00
$100.00$25.00
$500.00$50.00
$1,000.00$100.00
$2,000.00$250.00
$5,000.00$500.00
$10,000.00$1,000.00
$30,000.00$2,000.00
$50,000.00$5,000.00
$100,000.00$10,000.00

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