resale certificate, out of state resale certifi-
cate, or similar evidence that they are acting
as a dealer
ARE FINAL AND SUCH ITEMS
MAY NOT BE RETURNED.
If the description
of any lot in the catalogue is incorrect, the lot
is returnable if returned within five (5) calen-
dar days of receipt, and received by Goldberg
no later than twenty-one (21) calendar days
after the sale date. No return or refund of any
auction lot will be considered except by rea-
son of lack of authenticity, unless otherwise
provided in these Terms and Conditions of
Sale. All lots are sold under the condition that
any claims challenging grading, authenticity
or methods of manufacture must be made in
writing within five (5) calendar days of receipt
of material.
All disputed lots must be returned intact as re-
ceived in their original, sealed and unopened
container. Late remittance or removal of any
lot from its original container constitutes just
cause for revocation of all return privileges for
any reason.
13
All prospective Bidders who are al-
lowed the opportunity to examine lots prior
to the sale shall personally assume all respon-
sibility for any damage they cause in so doing.
Goldberg shall have sole discretion in deter-
mining the value of the damage caused, which
shall be promptly paid by the prospective Bid-
der.
14
Title to any lot remains with Con-
signor, any secured party of the Consignor, or
assignee of Consignor, as the case may be, un-
til the lot is paid for in full by Purchaser. Gold-
berg reserves the right to require payment in
full before delivering any lot to the successful
Purchaser.
15
It is the Purchaser’s responsibility
and obligation to have the lots fully insured
while in his or her possession. Purchaser as-
sumes any and all RISK OF LOSS once the
lot(s) is in Purchaser’s possession.
16
BUYERS COMMISSION of
Seven-
teen and one half percent (17.5%)
will be
added to all purchases made by all Purchasers,
except Consignors, regardless of Purchaser’s
affiliation with any group or organization, and
will be based upon the total amount of the fi-
nal bid.
17
Pursuant to a separate agreement
with Auctioneer, Consignors or their agents
may be permitted to bid on their own lots
in the sale and may receive a rebate commis-
sion in whole or in part if successful. Under
some circumstances, Goldberg may agree with
a Consignor (i) not to require the Consignor
to pay for all or part of any items bid upon
or re-purchased by the Consignor; (ii) when
or where an advance has been made, to have
the Consignor pay an agreed upon difference
to Goldberg; or (iii) to allow an offset against
other transactions with Consignor. Where
the Consignor has re-purchased a lot and the
lot is either returned to the Consignor or oth-
erwise dealt with or disposed of in accordance
with the Consignor’s direction, or pursuant
to contractual agreement, Goldberg reserves
the right to so note in the prices realized or
to omit a price from the price realized. Every
Consignor who registers to bid in the sale,
whether to “protect” a lot, or for any other
purpose, agrees to all other Terms and Condi-
tions of Sale per this agreement.
18
Lots must be paid for within 14
days of receipt of invoice or delivery. Unless
otherwise agreed in writing, auction sales are
strictly cash above $2,500.00 in U.S. Funds
payable through a bank in the United States.
Contact Goldberg for wiring instructions
before sending a wire. Goldberg reserves
the right to decline to release lots for which
funds have not yet cleared. Credit card
(Visa
& Mastercard only)
purchases will be accepted
on totals not exceeding $10,000. A surcharge
fee of 2.5% will be added to the final invoice
amount. “By purchasing an item direct or at
the auction and allowing Goldberg Coins &
Collectibles Inc. to charge your credit card,
you are agreeing to the terms and conditions
set forth herein, and further agree that the
transaction shall be governed by California
law, without regard to any conflict or choice
of law provision.” On any cash transaction or
series of transaction exceeding $10,000, Trea-
sury Form 8300 may be filed.
19
Purchaser agrees to promptly pay,
on demand, any sales tax, or any other tax,
if required by law to be collected, postage,
handling, and shipping insurance
plus the
Seventeen and one half percent (17.5%)
Buyer’s Commission
and any other taxes
required by law to be charged or collected, to-
gether with any interest or penalty that may
be assessed.
20
Purchaser grants to Goldberg or its
assigns the right to offset any sums due, or
found to be due Purchaser by Goldberg, and to
make such offset from any past, subsequent
or future consignment, or items acquired by
Purchaser in possession or control of Gold-
berg or from any sums due to Purchaser by
Goldberg. Purchaser further grants Goldberg
a purchase money security interest in such
sums or items to the extent applicable, and
agrees to execute such documents as may be
reasonably necessary to grant Goldberg such
security interest. Purchaser agrees that Gold-
berg and its assigns shall be a secured party
with respect to items bought by Purchaser and
in the possession of Goldberg, to the extent of
the maximum indebtedness, plus all accrued
expenses, until the indebtedness is paid.
21
By bidding in this sale, Purchaser
personally and unconditionally guarantees
payment. If the Purchaser is a corporation,
the officers, directors, and principals of the
corporation hereby agree to personally and
unconditionally guarantee payment as part
of the corporation’s agreement to bid. The
authorized representative of any corporate
Purchaser who is present at the sale shall pro-
vide Goldberg or its agent, prior to the com-
mencement of the bidding (or at the time of
registration), with a statement signed by each
principal, director and officer that they each
personally and unconditionally guarantee any
payment due Goldberg.
22
No bids will be accepted from Floor
Bidders and Mail Bidders who have not pre-
viously established credit with Goldberg un-
less they first (i) furnish satisfactory credit
references or (ii) deposit at least twenty-five
percent (25%) of their total bids for that
session(s), or such other amounts as Gold-
berg may require, in its sole and absolute dis-
cretion. Any deposits made pursuant to this
paragraph will be applied to such Bidders pur-
chases. Any unused portion of such deposit
will be promptly refunded upon clearance of
the funds.
23
On any accounts past due, Goldberg
reserves the right to extend credit and impose
periodic charges, pursuant to these Terms and
Conditions of Sale or as set forth in the Pur-
chaser’s invoice. If the auction invoice is not
paid in full when due, the unpaid balance will
earn interest at the rate of one-and-one-half
percent (1 1/2%) per month until paid. In the
event this interest rate exceeds the interest
permitted by law, the same shall be adjusted
to the maximum rate permitted by law. Gold-
berg further reserves the right to resell the
merchandise, or to have an affiliated or re-
lated company do so. Purchaser agrees to pay
all reasonable attorneys’ fees, court costs and
other collection costs incurred by Goldberg
or any affiliated or related company to collect
past due invoices, including reasonable costs
of any resale of the merchandise. Purchaser
also agrees to pay the difference between the
resale price and any previous disbursements.
Money realized from the resale shall be ap-
plied as follows: (i) to pay sums due to the
consignor, (ii) to pay Goldberg standard com-
missions and fees for the resale, (iii) to pay
Goldberg any sums owed to it by purchaser,
and the remainder, if any, will be paid to the
Purchaser. Goldberg reserves the right to as-
sign its interest to any third party.