2003. Silver Maple Leaf Hologram Set. Five (5) pcs. Housed in wooden box….

TERMS AND CONDITIONS OF SALE

IMPORTANT: All bidders should send completed bid sheets to the address below. Alternative methods of bidding are:

1. CONDUCT OF THE AUCTION AND VIEWING OF LOTS

The public auction will be conducted at the Downtown Hilton Toronto Hotel, Toronto, Ontario, Canada. Auction sessions will be held between Tuesday, February 10^th and Saturday, February 14^th, 2015.  Auction lots will be available for general viewing from 11:00 a.m. to 5:00 p.m. on Tuesday, February 10^th through Saturday, February 14^th, 2015.

2. HOW TO BID

Bids may be made in person at the auction, by mail, email, fax or by telephone. Lots will be sold to the highest bidder. Bids are treated as limits. Mail, email, fax and telephone bids must reach the auction firm by 5:00 p.m. on Tuesday February 10^th.  Answering machine services are available to take bids (24 hours) at 1-925-946-0150.

3. IDENTICAL BIDS

If there are identical bids, the earliest received shall take priority.

4. BUYER’S PREMIUMS

A Standard Buyer’s Premium will be charged to successful purchasers for items purchased in the Public Auction Sale and in the Mail Bid Sale, in accordance with their method of bidding.  The Standard Buyer’s Premium will be automatically discounted by 3% for purchasers who remit payment by cash, cheque, bank draft or wire transfer. The following table details the various Standard Buyer’s Premiums and discounts.  Bidders are responsible for understanding their buyer’s premium prior to bidding.

5. OPENING BIDS

If there are two or more mail bids, the auctioneer will commence the bidding at approximately 10 per cent above the second highest mail bid. If there are no floor bids for the lot, the highest mail bidder will receive the lot at the opening bid. If there is no mail bid for a lot, the auctioneer will commence the bidding at 50% of the estimate. If there is no floor bid at 50% of the estimate, the auctioneer may, at his absolute discretion, either call for an opening bid from the floor or pass on to the next lot.

6.  BIDDING ADVANCES

 Advances in bidding are determined by the auctioneer who has the right to refuse bids deemed not made in good faith. The highest bidder acknowledged by the auctioneer shall be the buyer. In the event of any dispute between bidders, the determination of the auctioneer is final.

7. RESERVED LOTS

Reserved lots start at the consignor’s reserve. Lots bid on and purchased by the owner or his agent are subject to the full commission and buyer’s premium.

8. MEANING OF ESTIMATES

Estimates represent our best professional opinion of what lots are likely to sell for on the open market. Most lots sell for between 40% and 150% of estimate. With a bid of 60% of estimate you have a fair chance of succeeding; with a bid of 120% you will be very likely to succeed. Estimates are for the most part from the ‘Trends’ values of Canadian Coin News, various Charlton Catalogues, the retail prices from the Canadian Coin Dealer Newsletter, and other reliable sources.

9. UNLIMITED AND BUY BIDS, BIDS FROM MINORS

No “Buy” or “Unlimited” bids will be accepted.

10. CURRENCIES, EXCHANGE RATES, BIDS, FROM OUTSIDE CANADA

Floor bidding and the calculation of the results of this auction, will be carried out in CANADIAN DOLLARS. Bids expressed in other currencies will be converted to the operating currency at the applicable rate. Bids from customers with U.S. addresses, send by mail or telephone will be from presumed to be in U.S. funds unless indication is made to the contrary.

11. RETURN POLICIES

Mail bidders may return incorrectly described or misattributed lots for full credit within 5 days of receipt, except that as consignors must be paid, late remittance may be cause to negate return privileges, and absolutely no returns can be accepted for any reason after the expiry of 35 days from the date of the sale. ALL FLOOR SALES ARE FINAL, and no returns will be accepted from the floor bidders (including those acting as agents for others) for any reason whatsoever.

12. TITLE AND RISK LOTS

Title to all lots remains with the auctioneer until paid for in full, but they are held at the risk of the purchaser once the hammer has fallen.

13. GRADING

Grading is the subjective description in the opinion of the cataloguer as to the state of preservation, method of strike, and overall appearance of a particular coin. Adjectival descriptions and terminology (which can and does vary among experts and knowledgeable purchasers), when used in the catalogue, are strictly the opinion of the cataloguer. Where the Auctioneers sells a numismatic item graded and/or encapsulated by a grading service, Buyer acknowledges and agrees that other grading services, the Auctioneers or knowledgeable purchasers might reach a different conclusion as to the state of preservation. Any such information provided by the Auctioneers is the opinion of the third party, without recourse against the Auctioneers in any way whatsoever.

14. WAIVER OF LIABILITY

the Auctioneers act as an agent only between Consignor and Buyer. the Auctioneers do not represent that any coin catalogued will meet the standards, or the grade, of any third party or third party grading services; that third party graded numismatic items will receive the same grade if resubmitted; that any third party soft flip is secure or that a numismatic item has a particular provenance. The Auctioneers hereby disclaims all liability for damages, incidental, consequential or otherwise, arising out of or in connection with the sale of any property by the Auctioneers to the purchaser. All bidders, even if unsuccessful purchasers, agree to abide by this condition, and all other conditions of sale.

15. ERRORS OF AUCTIONEERS AND BIDDERS

While we cheerfully correct our errors, we cannot be responsible for the mistakes of others. Please check your bid sheet carefully. Please note that Live Bids are executed LIVE on the floor. The Auctioneers are not responsible for any missed lots due to network speed or down time.

16. METHODS OF PAYMENT

All lots must be paid for in full in Canadian funds or the equivalent. Payments may be made by credit card (Mastercard or VISA), cash, bank draft, wire transfer or approved personal or business cheque. 2% per month interest charged after 30 days on unpaid invoices.

17. HARMONIZED SALES TAX

Lots delivered in Ontario are subject to harmonized sales tax at the current rate (13%).

18. GOVERNMENT SALES TAX

All lots delivered in Canada are subject to the GST or HST, as applicable to bidder’s province of residence. All sales are treated as retail sales by the auctioneer for the purpose of calculating the appropriate tax.

19. SHIPPING AND INSURANCE

Unless otherwise instructed, lots purchased by postal bidders will be sent by registered mail to the successful purchaser. Registration and actual postage will be charged on all lots shipped by the Auctioneers. There will also be a $3.00 charge per lot for the packing and processing of numismatic books and literature. Lots mailed to addresses not in Canada or the United States will be sent only at the risk of the purchaser.

20. EFFECTS OF BIDDING

Bidding in this auction constitutes acceptance of the foregoing terms of sale.

21. RATE OF SALE

Lots will be sold at a rate of approximately 150-175 lots per hour.

22. PRICES REALIZED

Prices Realized will be published for the Public Auction sale. Prices realized may, at the discretion of the auctioneer, be published in a future auction catalogue.

23. ACTS OF GOD, etc: EFFECT ON SCHEDULING OF AUCTION

The Auctioneer reserves the right to postpone this sale by auction of the property for a reasonable period of time as the result of any act of war, natural calamity or significant relevant event which, in the judgement of the Auctioneer, reasonably exercised, makes it inadvisable to hold the auction as scheduled.