TERMS OF SALE
(1) All lots are guaranteed genuine. All certified items
are guaranteed by the respective grading service’s
authenticity guarantee. Any person removing a lot from
a sealed certified holder has voided any and all
authenticity guarantees from Stephen Album Rare Coins.
(2) Buyer’s premium will be 18% of the hammer price
and added to the hammer price of each lot. Any
successful bids defined on your bid sheet will have 18%
added for the buyer’s premium. If the purchaser pays by
cash or "cash equivalent" then the buyer's premium will
be discounted to 15%. "Cash equivalent" is defined as
paying by cash, cashier's check, money order, approved
personal check or bank wire transfer. Shipping and
insurance is extra and not included.
(3) Bids may be placed by fax, mail, email, or by
telephone (by prior arrangement). Online bidding is also
available on our website. You may check the status of
your mail bids up to 24 hours before the start of the sale.
(4) Any person placing bids in the auction agrees to be
bound by the terms of sale and guarantees payment for
any successful bid.
(5) California sales tax of 8.50% applies to all deliveries
inside California which total under $1,500 unless a valid
resale card is provided before lots are shipped.
(6) Personal checks must clear our bank before lots are
delivered. Stephen Album Rare Coins retains title until
full payment has cleared our bank. Payment in full is
required before any lots will be shipped.
(7) Buyer agrees to pay within 14 days of receipt of
invoice or notification of results. Payments made later
than 30 days from auction date will incur interest charges
of 1% per month on the unpaid balance, or the maximum
allowed by law if exceeding the interest rate permitted
by law, calculated from the auction date.
(8) Delivery outside the USA will be by USPS registered
mail or by FedEx and will include insurance on all
shipments. Any claims of loss or damage will only be
paid by Stephen Album Rare Coins only after the
insurers investigation is complete.
(9) No warranty is made with respect to the lot
descriptions. Lot descriptions are given to identify lots
for bidders unable to view the lots.
(10) Stephen Album Rare Coins reserves the right to
cancel or modify any lot in this sale in the event of
non-payment, or errors on reserves, or exercising bids.
(11) In the event of a dispute, the buyer agrees to
resolve the issue by third-party arbitration replacing the
right to go to court. Any damages or claims are agreed
by buyer not to exceed the amount paid for the lots.
(12) Stephen Album Rare Coins are not approval sales.
No lots may be returned due to disagreement with
grading opinions given in the descriptions. Lots may
only be returned for significant undisclosed problems or
authenticity as defined in #1 above. Third party certified
(slabbed) items may not be returned for any reason other
than authenticity as defined in #1 above.
METHODS OF PAYMENT
• US Dollar Checks:
Please make checks payable to Stephen Album.
We accept US dollar, UK sterling, Euro cash and
other hard currencies for payment. Please contact us
for details if you intend to pay with cash.
Please send payments to: firstname.lastname@example.org
• Credit Cards:
Please phone us with card information, or if your card
is already on file, please email us to confirm the use
of your card.
We accept the following major credit cards:
VISA, MasterCard, and American Express.
• Bank Wire Transfer:
There is a $30 fee for all wire transfers. Wires may be
sent in US dollars or in foreign currency. However,
please note that the amount that arrives in our bank
account must match the US dollar amount on your
invoice. If you wish to send a wire transfer, please
contact our accountant, Jocelyn McCord, for the
appropriate information: email@example.com
***Please be advised that payments coming by wire
transfer usually only take a few days to arrive, but in
rare cases they can take up to a few weeks to arrive,
resulting in a delay of shipment of your lots. Lots
will not be shipped until your full payment has
arrived in our bank account.***