SOLD
1,200.00CADto floor+ buyer's premium
This item SOLD at 2008 Oct 26 @ 00:48UTC-05:00 : EST/CDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
1891 Fifty Dollars Bank of Montreal Specimen, CH 505-40-08S Serial Number 00000 A, PMG Gem Uncirculated 66 Exceptional Paper Quality
Auction Location:
1849 West 16th Avenue, Vancouver, British Columbia, Canada
Previewing Details:
In the Ontario Room, Hilton Toronto Airport Hotel from 10:00 AM to 5:00 PM on Thursday the 23rd of October, then from 10:00 AM to 5:00 PM on Friday the 24th of October and from 10:00 AM to 5:00 PM on Saturday the 25th of October.
Taxes:
| Tax | Rate | Desc. |
| GST |
5% |
GST |
| PST |
8% |
PST |
| HST |
13% |
HST |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
9,999.00 |
20% |
| 10,000.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
Accepted Payment Methods:
- Money Order/Bank Draft
- Check/Cheque
- See Payment Details
IMPORTANT: You are strongly urged to thoroughly read the following Terms & Conditions. Placing a bid in this sale constitutes your acceptance of them.
VIEWING OF LOTS: In the Ontario Room, Hilton Toronto Airport Hotel from 10:00 AM to 5:00 PM on Thursday the 23rd of October, then from 10:00 AM to 5:00 PM on Friday the 24th of October and from 10:00 AM to 5:00 PM on Saturday the 25th of October.
CREDIT REFERENCES OR DEPOSIT: Potential bidders who do not have an established business relationship with Michael Walsh, or with the Canadian Coinoisseur, Inc., will be required to provide us with acceptable credit references prior to the sale. If such references are not provided, bids may be refused unless a deposit of 25% of the bidder’s total bids or an acceptable credit card guarantee is tendered to the Auctioneer prior to the sale. Any portion of the deposit not used will be promptly refunded.
BIDDING PROCEDURE: Bids can be placed in person or through an agent at the auction or by mail (fax, email, post or courier) prior to the auction. Telephone bids are accepted if they are confirmed in writing by fax, mail, email or courier. Lots will be sold to the highest bidder. If there are identical bids, the earliest received will have priority. Unlimited or “buy” bids will not be accepted, nor will bids from minors. The auctioneer reserves the right to refuse bids deemed by him not to be made in good faith. Mail, courier and fax bids must reach our office in Vancouver by noon on Tuesday the 21st of October, and email bids must be sent so as to be received prior to noon on the day of the auction session.
There will also be simultaneous on-line bidding on eBay LiveAuctions. Although not essential, a highspeed modem is recommended to keep-up with the floor bidding. Proxy bids can also be placed on eBay at any time up to approximately one hour before each session. Go to www.coinoisseur.com and follow the links to the auction.
PURCHASER’S COMMISSION: For Floor Bidders and Mail Bidders, a Purchaser’s Commission of 15% will be added to the Hammer Price. For eBay Bidders, a Purchaser’s Commission of 20% will be added to the Hammer Price. The total of the Hammer Price and the Purchaser’s Commission will constitute the Selling Price. The additional 5% charge for eBay bidders is to cover the 5% fee charged to us by eBay and to partly compensate for the substantial additional work required to administer successful eBay bidders.
CONDUCT OF THE AUCTION: The auctioneer will open the bidding at the higher of approximately 10% above the second highest mail bid or 10% below the consignor’s reserve. If there are no mail bids or reserve for a lot, the auctioneer will open bidding at about 40% of the catalogue value. If there are still no bids, the auctioneer will at his discretion, either call for an opening bid or proceed to the next lot.
Bidding advances are at the discretion of the auctioneer, and will generally be in the range of 5% to 10%. Lots will be sold to the highest bidder acknowledged and accepted by the auctioneer. In any dispute between bidders and the auctioneer, the auctioneer’s decision shall be final. The auctioneer reserves the right to withdraw any lot for any reason at any time prior to its sale. Bidding will proceed at an average of 150 lots per hour.
FOREIGN EXCHANGE: Bidding in this auction will be in Canadian dollars. Mail bids received from non-Canadian addresses will be deemed to be in Canadian dollars unless otherwise stated by the bidder on the bid sheet. For those wishing to bid in US dollars, bids will be converted at the exchange rates at which we can sell those bid amounts to our bank on Thursday 23 October 2008. Normally we accept both Canadian and US dollars for account settlement; however, with the current instability of foreign exchange, we may need to adjust the rate between the date of the auction and the time of settlement and we reserve the right to refuse US dollars.
CATALOGUE VALUES: All values listed are in Canadian dollars. For Canadian lots, they are taken from the Canadian Coin Dealer Newsletter Retail Price Guide and from the most recent Charlton Standard Catalogues. Foreign coin values are generally from Krause-Mishler Standard Catalogue of World Coins.
CHARLTON CATALOGUE NUMBERING SYSTEM: Throughout this catalogue, use is made of the Charlton Catalogue Numbering System for ease of reference by the bidder. The copyrights to this Numbering System and to these Numbers are the property of Charlton International Inc., which has granted us permission for this use.
GRADING AND DESCRIPTION OF LOTS: Most of the important lots in this sale have been independently graded by third party certification services, mostly ICCS and PCGS, the most recognised standards for Canadian coins. Census data used in the lot descriptions are from the most recent issue of the ICCS Population Report and from the PCGS on-line Population Reports.
GRADING STANDARDS: The cataloguer has taken every reasonable measure to ensure that all of the lots in this sale are as described, bearing in mind that the grading of coins is a subjective art, and not an exact science. Among experts there are often differences of opinion on both the grading and eye appeal of coins. Descriptive terminology varies from observer to observer, and from cataloguer to cataloguer, and third party certification services vary in their grading standards.
RETURN POLICIES: Bearing in mind the preceding paragraph, and except where noted in the descriptions of some of the bulk lots, within five days of their receipt of lots, absentee bidders may return (in their intact holders) for refund any lots that are mis-attributed or incorrectly catalogued. Excepted from this are those bidders whose late invoice settlement causes such return to extend beyond twenty-eight days after the sale. Please note, certified coins cannot be returned for reason of a bidder’s disagreement with the grading; grading disputes need to be addressed to the certification company.
All Floor Sales are final, and no returns will be accepted from any Floor Bidder (including those acting as agents for others). Also, all lots purchased by bidders who had the opportunity to view lots prior to the sale are final.
SALES TAXES: On all lots delivered to addresses outside Canada, no taxes are collected. On all lots delivered to New Brunswick, Newfoundland or Nova Scotia, HST of 13% of the Selling Price (the sum of the Hammer Price and the Purchaser’s Commission) is collected. On all lots delivered in Ontario, a total of 13% is collected for GST and PST, or 5% GST only if the bidder provides the Auctioneer with his valid Vendor Registration prior to the auction. On all lots delivered to the remainder of Canada, 5% GST is collected.
LOT PICK-UP: Lots will be available for pick-up in the Ontario Room from 11:00 AM to 3:00 PM on Friday the 23rd, Saturday the 24th and Sunday the 25th of October.
SHIPPING & INSURANCE: All lots not picked-up after the sale will be shipped to their purchasers. We provide our own insurance through separate arrangements, and to be eligible for insurance all packages must have a postal or courier tracking number. Within Canada the purchaser will be charged $9.00 plus one third of one percent of the invoice value plus 25¢ per enclosed piece. For shipments to the USA, add $5.00 to the result of these calculations; for shipments to all other countries, add $10.00. If the purchaser waives insurance and accepts all risks, the package can be sent regular letter post or parcel post at a considerably reduced cost.
ACCOUNT SETTLEMENT: Generally, for well established clients, your lots are shipped when your cheque is received. For new or infrequent clients, we must clear your cheque before shipping your lots. If you are in a rush, you might consider a Certified Cheque or Money Order, or you can deposit directly to our TD Canada Trust account from any TD Canada Trust branch in Canada. On all amounts not paid within one month of the auction, interest at 2% per month, calculated from the date of the auction, will be added.