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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 descrip-

tion of property of multiple consignors (the

“Consignors”), and may include consignments

from Ira & Larry Goldberg Coins & Collect-

ibles, Inc., its principals, and affiliated or relat-

ed companies and their employees, officers, or

principals. All persons seeking to bid, wheth-

er in person, through an agent or employee,

or by telephone, facsimile or mail, must have

a catalogue and register to bid at the auction,

either by completing a registration card or by

completing the bid sheet incorporated into

the catalogue. The Purchaser acknowledges

that an invoice describing a lot by number in-

corporates 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 PURCHASER

HEREBY ASSUMES ALL RISKS OF VALUA-

TION CONCERNING ANY AND ALL PUR-

CHASES.

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 directs

otherwise.

All lots may carry a reserve. For pur-

poses of these Terms and Conditions of Sale,

a reserve means a confidential price below

which the Auctioneer will not sell an item or

will re-purchase on behalf of the Consignor 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 fac-

simile; or any other participant in the sale.

The Auctioneer may also bid on behalf of the

Consignor up to the amount of the reserve, 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 consecutive 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 contain-

ing an acknowledgment that the Terms and

Conditions of Sale herein and indicating their

agreement to be bound thereby on behalf 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 Consignor who has

registered to bid at the sale (or at any other

time unless otherwise provided in the con-

signment agreement), or any Purchaser or

prospective Bidder shall have a right to claim

any damages, direct, consequential or other-

wise, 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 Seventeen

and one half percent (17.5%) Buyer’s

Commission

that he or she is willing and able

to pay. Since other Bidders (by mail, facsim-

ile or other electronic media and in person)

will be present, and since a re-offering could

damage the momentum of the sale, once the

hammer has fallen and the Auctioneer has an-

nounced 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 Auctioneer are final. Floor Bidders

are encouraged to carefully examine all lots

which they are interested in purchasing be-

cause all sales of items viewed by Purchasers

in advance of a sale, even if the sale is by mail,

telephone or facsimile, and all lots bid upon

by the Floor Bidders, together with all

those

presenting Goldberg with a

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