US Sale 91

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

THIS IS NOT AN APPROVAL SALE.

All lots sold to the highest Bidder as deter-

mined by

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