TERMS AND CONDITIONS OF SALE
These Terms and Conditions of Sale set forth the terms of a public auction sale conducted in Los Angeles, California by Ira
& Larry Goldberg Coins & Collectibles, Inc., a Nevada corporation, California Auction Bond No. 3S95453300 (hereinafter, the
“Auctioneer” or “Goldberg”). The Terms and Conditions of sale, the glossary, if any, and all other contents of this catalog are
subject to amendment by us by the posting of notices or by oral announcements made during the sale. By participating in
any sale, you acknowledge that you are bound by these terms and conditions.
1
This catalog contains the description
of property of multiple consignors (the “Con-
signors”), and may include consignments from
Ira & Larry Goldberg Coins & Collectibles, Inc.,
its principals, and affiliated or related compa-
nies and their employees, officers, or princi-
pals. All persons seeking to bid, whether in
person, through an agent or employee, or by
telephone, facsimile or mail, must have a cata-
logue and register to bid at the auction, either
by completing a registration card or by com-
pleting the bid sheet incorporated into the cat-
alogue. The Purchaser acknowledges that an
invoice describing a lot by number incorporates
the catalogue by reference.
2
By submitting a bid, whether in per-
son, by mail, by phone, by facsimile or through
an employee or agent, the Bidder acknowl-
edges (i) receipt of the catalogue, (ii) that the
Bidder has read the Terms and Conditions of
Sale and the descriptions for the lots on which
they have bid, and (iii) that they agree to ad-
here to these Terms and Conditions of Sale.
Acceptance of Bids: Anyone wishing to place
bids on lots who will not be attending the live
auction must submit their bid(s) at least six
(6) business hours prior to the auction ses-
sion. Bidder is responsible for verifying said
bids were received by Goldberg.
3
Each Bidder’s determination of it’s
bid should be based upon its own examina-
tion of the item(s), rather than the grade rep-
resented in this Catalogue or elsewhere. In
any purchase or sale, the value of the item(s)
is determined by the price.
THE PURCHAS-
ER HEREBY ASSUMES ALL RISKS OF VALUA-
TION CONCERNING ANY AND ALL PURCHAS-
ES.
All Floor Bidders acknowledge that the
Auctioneer can decline to accept bids from
the a Floor Bidder who is known to have not,
in fact, examined the lot prior to the sale.
4
All material shall be sold in sepa-
rate lots to the highest Bidder as determined
by Auctioneer. If any dispute arises during
or immediately after the sale of a lot, Auc-
tioneer shall have the right to rescind the lot
offered and put the lot up for sale again. In
all cases, Auctioneer’s decision shall be final.
For the protection of any Mail Bidder, no “un-
limited” or “buy” bids will be accepted. Ira
& Larry Goldberg Coins & Collectibles, Inc.
shall have the right in its sole and absolute
discretion to reject any such bid received.
When 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 must bid higher than
the highest mail bid to be awarded any lot.
5
Bids must be for an entire lot and
each lot constitutes a separate sale. No lot
will be broken up unless the Auctioneer de-
termines otherwise. Lots will be sold in their
numbered sequence unless Auctioneer di-
rects otherwise.
6
All lots may carry a reserve. For
purposes of these Terms and Conditions of
Sale, a reserve means a confidential price be-
low which the Auctioneer will not sell an item
or will re-purchase on behalf of the Consign-
or or for the account of Goldberg.
7
The Auctioneer may open the bid-
ding on any lot by placing a bid on behalf
of the seller; a Bidder by mail, telephone
or facsimile; or any other participant in the
sale. The Auctioneer may also bid on behalf
of the Consignor up to the amount of the re-
serve, by (i) accepting bids from floor agents
on behalf of the Consignor, or any affiliated
or related company of the Auctioneer or the
Consignor; (ii) by placing successive or con-
secutive bids for any lot; or (iii) by placing
bids in response to other Bidders.
8
Auctioneer reserves the right, at his
sole discretion, (i) to accept or decline any bid,
(ii) to accept or decline any challenge to any
bid or bidding increment, (iii) to reduce any
mail bid received, (iv) to open the bidding of
a lot at any level deemed appropriate by the
Auctioneer, and (v) to determine the prevail-
ing bid. Bids will not be knowingly accepted
from persons under eighteen (18) years of
age without a parent’s written consent con-
taining an acknowledgment that the Terms
and Conditions of Sale herein and indicating
their agreement to be bound thereby on be-
half of the Bidder.
9
It is unlawful and illegal for Bidders
to collude, pool, or agree with another bidder
to pay less than the fair value for a lot. Bid-
ders in the sale acknowledge that the law pro-
vides for substantial penalties in the form of
treble damages and attorneys’ fees and costs
for those who violate these provisions.
10
Ira & Larry Goldberg Coins & Col-
lectibles, Inc. reserves the right to withdraw
any lot at any time, even after the hammer
has fallen, until the Purchaser has taken
physical possession of the lot. No Consign-
or who has registered to bid at the sale (or
at any other time unless otherwise provid-
ed in the consignment agreement), or any
Purchaser or prospective Bidder shall have
a right to claim any damages, direct, conse-
quential or otherwise, if a lot is withdrawn,
even after the sale.
11
GOLDBERG IS NOT RESPONSIBLE
FOR ERRORS IN BIDDING.
A Bidder should
make certain to bid on the correct lot and
that the bid is for an amount
(plus the sev-
enteen and one-half percent (17.5%)
Buyer’s Commission
that he or she is will-
ing and able to pay. Since other Bidders (by
mail, facsimile or other electronic media and in
person) will be present, and since a re-offer-
ing could damage the momentum of the sale,
once the hammer has fallen and the Auction-
eer has announced the winning Bidder, such
Bidder is unconditionally bound to pay for the
lot, even if the Bidder has made a mistake.
12
THIS IS NOT AN APPROVAL SALE.
All lots sold to the highest Bidder as deter-
mined by
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