LOT Old Heritage Auctions. / 2004 June Comic Auction Signature Auction #811 -... / Michael W. Kaluta - The Shadow #2, page 5 Origin...

8267

Michael W. Kaluta - The Shadow #2, page 5 Original Art (DC, 1973).

Currency:USD Category:Collectibles / Comics Start Price:26.00 USD Estimated At:1.00 - 1,000,000.00 USD

NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.

This item WAS NOT SOLD. Auction date was 2004 Jun 12 @ 18:00UTC-06:00 : CST/MDT

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Michael W. Kaluta - The Shadow #2, page 5 Original Art (DC, 1973). Michael Kaluta was born to draw the Shadow comic book -- that's the feeling you get when you see the atmosphere he creates for the DC title! The Shadow, Burbank, Margo Lane, and a garish Circus midway -- this is nothing less than a top-notch page of pulp hero action. The image area is 10" x 15", and the art is in Excellent condition. The Shadow and Michael Kaluta never fail! Important notice: Heritage usually auctions material at the rate of 200-250 lots per hour. On some occasions eBay Live bid software or the Internet may not be able to keep up with the pace of the auction. We recommend placing a realistic absentee bid now as insurance to avoid disappointment. Occasionally the auctioneer may eliminate or reject an eBay Live bid, and the auctioneer may also reopen a lot after the close of the eBay live bidding (usually because we missed an audience bid), and may reject your bid even if it shows you as the winning bidder. By bidding via eBay Live, you agree that Heritage may award the lot to another bidder at its sole discretion under the circumstances described above or any other reasonable circumstances. Since eBay bids are not shown to us until we open the lot on the floor, we treat those bids just like floor bids. In most cases the floor responds before the eBay bid is presented to us, due to Internet lag time, so for consistency we have made it a policy that floor bids are always considered first over tie eBay live bids. Also please note that all Heritage lots purchased through eBay Live carry a 20% Buyer's Premium. Please make sure you read the Terms and Conditions before you bid. <div class=Section1>

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<ol start=1 type=1>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Buyer's Premium:

On bids placed through Heritage, a Buyer's Premium is charged as

follows…

Sports Collectible Auctions (20%)

Heritage-Odyssey (17.5%)

All other auctions (15%)

The Buyer’s Premium will be applied to the hammer price and be added to

the successful bid. If the bid is placed through eBay Live a Buyer's

Premium equal to the normal Buyer's Premium plus an additional 5% of the

hammer price will be added to the successful bid. There is a minimum

Buyer's Premium of $6.00 per lot. 

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<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>This auction is presented by Heritage Numismatic

Auctions. Inc. or its subsidiary Currency Auctions of America or its

affiliate, Heritage Comic Auctions, as identified with the applicable

licensing information either on the title page of the catalog or on the

Internet site (the "Auctioneer"). The auction is conducted under

these Terms and Conditions of Auction and applicable state and local law.

 

Auction Venues:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Exclusively Internet, CurrencyAuction.com, Amazing

Comics Auctions, and Bullet Auctions are auctions conducted on the

Internet. Signature auctions accept bids on the Internet first, followed

by a floor bidding session. Bids may be placed prior to the floor bidding

session by Internet, telephone, fax, or mail.

Bidders:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Any person participating in or who registers for the

auction agrees to be bound by and accepts these Terms and Conditions of

Auction ("Bidder(s)").<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All Bidders must meet Auctioneer's qualifications to

bid. Any Bidder who is not a customer in good standing of the Auctioneer

may be disqualified at Auctioneer's sole option and will not be awarded

lots. Such a determination may be made by Auctioneer in its sole and

unlimited discretion, at any time prior to, during, or even after the

close of the auction. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>If an entity places a bid, then the person executing

the bid on behalf of the entity agrees to personally guarantee payment for

any successful bid.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer reserves the right to exclude any person it

deems in its sole opinion is disruptive to the auction or is otherwise

commercially unsuitable.

Credit References:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Bidders who do not have established credit with the

Auctioneer must either furnish satisfactory credit information including

two collectibles-related references well in advance of the auction date or

supply valid credit card information. All Bidders must meet Auctioneer's

qualifications to bid. Any Bidder who is not a customer in good standing

at Auctioneer may be disqualified and will not be awarded lots. Auctioneer

reserves the right to disqualify any Bidder even after the close of the

auction. Bids placed through our Interactive Internet program will only be

accepted from pre-registered Bidders. Bidders who are not members of the

website should pre-register at least two business days before the first

session to allow adequate time to contact references.

Bidding Options:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Bids may be placed for a Signature Sale as set forth in

the printed catalog section entitled "Choose your bidding

method." For all other auctions see the alternatives shown on each

website. Review at <a

href="http://www.heritagecoin.com/common/bidding_tutorial.php">http://www.heritagecoin.com/common/bidding_tutorial.php</a>.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer cannot be responsible for your errors in

bidding, so carefully check that your bid is entered correctly. When

identical mail or FAX bids are submitted, preference is given to the first

received; Internet bids are evaluated as received first. The decision of

the Auctioneer and declaration of the winning Bidder is final. The Auctioneer

is not responsible for executing mail bids or FAX bids received on or

after the day the first lot is sold, nor Internet bids submitted after the

published closing time; nor is the Auctioneer responsible for proper

execution of bids submitted by telephone, mail, FAX, e-mail, Internet, or

in person once the auction begins. To ensure the greatest accuracy, your

written bids should be entered on the standard bid sheet form and be

received at the Auctioneer's place of business at least two business days

in advance of the auction date. Internet bids may not be withdrawn until

your written request is received and acknowledged by Auctioneer (FAX:

214-443-8425); such requests must state the reason, and may constitute

grounds for withdrawal of bidding privileges. Lots won by mail Bidders

will not be delivered at the auction unless prearranged in advance.

Conducting the Auction:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Notice of the consignor's liberty to place reserve bids

on his lots in the auction is hereby made in accordance with Article 2 of

the Texas Uniform Commercial Code. A reserve is an amount below which the

lot will not sell. THE CONSIGNOR OF PROPERTY MAY PLACE WRITTEN RESERVE

BIDS ON HIS LOTS IN ADVANCE OF THE AUCTION. ON LOTS SUBJECT TO A RESERVE,

IF THE LOT DOES NOT MEET THE RESERVE THE CONSIGNOR MAY PAY A REDUCED

COMMISSION ON THOSE LOTS. Reserves are generally posted online about 3

days prior to the auction closing on Internet-Only auctions, and 7 days

prior to the auction on Signature auctions. IF THERE IS AN UNMET RESERVE

BID POSTED ON A LOT, THE CURRENT BID DISPLAYED ONLINE WILL AUTOMATICALLY

BE SET AT ONE INCREMENT BELOW THE RESERVE BID. The Auctioneer will not

knowingly accept (and reserves the right to reject) live telephone or

floor bids from consignors. Any successful bid placed by a consignor on

his consigned lot on the auction floor or by telephone during the live

session, or after the reserves for an auction have been posted, will be

considered an unqualified bid, and in such instances the consignor agrees

to pay full Buyer's Premium and Seller's Commissions on the lot(s) even if

(s)he buys them back. Reserves are generally posted online about 3 days

prior to the auction closing on Internet Only auctions and 7 days prior to

the auction on Signature auctions.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The highest qualified Bidder shall be the buyer. In the

event of any dispute between floor Bidders at a Signature Sale, the

Auctioneer may at his sole discretion put the lot up for auction again.

The Auctioneer's decision shall be final and binding upon all Bidders.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer reserves the right to refuse to honor

any bid or to limit the amount of any bid which, in his sole discretion,

is not submitted in "Good Faith," or is not supported by

satisfactory credit, numismatic references, or otherwise. A bid is considered

not made in "Good Faith" when an insolvent or irresponsible

person, or a person under the age of eighteen makes it. Regardless of the

disclosure of his identity, any bid by a consignor or his agent on a lot

consigned by him is deemed to be made in "Good Faith".<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All items are to be purchased per lot as numerically

indicated and no lots will be broken. The Auctioneer reserves the right to

withdraw, prior to the close, any lot or lots from the auction. Bids will

be accepted in whole dollar amounts only.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>No "buy" or "unlimited" bids will

be accepted. Bidders will be awarded lots at approximately the increment

of the next highest bid. No additional commission is charged for executing

bids other than the Buyer's Premium applied to all successful bids.

Off-increment bids may be accepted by the Auctioneer at Signature

auctions.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Estimates will be given upon written request. It is

recommended that Bidders approach or exceed the estimates in order to

increase the chances of bidding successfully.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer reserves the right to rescind the sale in

the event of nonpayment, breach of a warranty, disputed ownership,

auctioneer's clerical error or omission in exercising bids and reserves,

or otherwise.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Outage Policy: Auctioneer occasionally experiences

Internet and/or Server outages during which Bidders cannot participate or

place bids. If such outage occurs, we may at our discretion extend bidding

for the auction up to 24 hours. At our discretion, Auctioneer may consider

two outages that occur very closely to one another to be one outage when

extending such auction. This policy applies only to widespread outages and

not to isolated problems that occur in various parts of the country from

time to time. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Scheduled Downtime: Auctioneer periodically schedules

system downtime for maintenance and other purposes; this scheduled

downtime is not covered by the Outage Policy.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer or affiliates may consign items to be

sold in this auction, and may place reserve bids on those items or any

other in the auction. The Auctioneer or affiliates expressly reserve the

right to modify any such reserve bids on these items or any others at any

time prior to the live auction or the online closing based upon data made

known to the Auctioneer or its affiliate.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer may extend advances, guarantees, or

loans to certain consignors, and may extend financing or other credits at

varying rates to certain Bidders in the auction.

Payment:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All sales are strictly for cash in United States

dollars. Cash includes: U.S. currency, bank wire, cashier checks,

travelers checks, and bank money orders, all subject to reporting

requirements. Credit Card (Visa or Master Card only) payments may be

accepted up to $10,000 from non-dealers at the sole discretion of the

auctioneer, subject to the following limitations: a) sales are only to the

cardholder, b) purchases are shipped to the cardholder's registered and

verified address, c) Auctioneer may preapprove the cardholder's credit

line, d) a credit card transaction may not be used in conjunction with any

other financing or extended terms offered by the Auctioneer, and must

transact immediately upon invoice presentation, e) rights of return are

governed by these Terms and Conditions, which supersede those conditions

promulgated by the card issuer, f) floor Bidders must present their card.

Personal or corporate checks may be subject to clearing before delivery of

the purchases.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Payment is due upon closing of the auction session, or

upon presentment of an invoice. The Auctioneer reserves the right to void

a sale if payment in full of the invoice is not received within 7 days

after the close of the auction.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Lots delivered in the States of Texas, California, or

other states where the auction may be held, are subject to all applicable

state and local taxes, unless appropriate permits are on file with us.

Lots from different auctions may not be aggregated for sales tax purposes.<o:p></o:p></li>

</ol>

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style='width:90.0%;mso-cellspacing:0in;margin-left:.5in;background:black;

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<tr>

<td style='padding:0in 0in 0in 0in'>

<table border=0 cellspacing=1 cellpadding=0 width="100%" style='width:100.0%;

mso-cellspacing:.7pt;mso-padding-alt:0in 0in 0in 0in'>

<tr>

<td style='background:#293163;padding:0in 0in 0in 0in'>

State<o:p></o:p>

</td>

<td style='background:#293163;padding:0in 0in 0in 0in'>

Coins<o:p></o:p>

</td>

<td style='background:#293163;padding:0in 0in 0in 0in'>

Currency<o:p></o:p>

</td>

<td style='background:#293163;padding:0in 0in 0in 0in'>

All Other Collectibles<o:p></o:p>

</td>

</tr>

<tr>

<td style='background:white;padding:0in 0in 0in 0in'>

Texas

Residents<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Under

$1,000 only<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Yes<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Yes<o:p></o:p>

</td>

</tr>

<tr>

<td style='background:white;padding:0in 0in 0in 0in'>

California<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Under

$1,000 only<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in CA<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in CA<o:p></o:p>

</td>

</tr>

<tr>

<td style='background:white;padding:0in 0in 0in 0in'>

Florida/Ohio/Illinois<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

No

sales tax<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

No

sales tax<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in FL, OH or IL<o:p></o:p>

</td>

</tr>

<tr>

<td style='background:white;padding:0in 0in 0in 0in'>

New

York/Wisconsin/ Pennsylvania<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in that state<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in NY<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

Applicable

state sales tax on Signature Auctions ONLY if held in NY<o:p></o:p>

</td>

</tr>

<tr>

<td style='background:white;padding:0in 0in 0in 0in'>

Oregon<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

No

sales tax<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

No

sales tax<o:p></o:p>

</td>

<td style='background:white;padding:0in 0in 0in 0in'>

No

sales tax<o:p></o:p>

</td>

</tr>

<tr>

<td colspan=4 style='background:white;padding:0in 0in 0in 0in'>

*Unless

an approved resale form is on file with Heritage.<o:p></o:p>

</td>

</tr>

</table>

<o:p></o:p>

</td>

</tr>

</table>

</div>

<ol start=25 type=1>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;

mso-list:l0 level1 lfo1;tab-stops:list .5in'><![if !supportEmptyParas]> <![endif]><o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In the event that a Bidder's payment is dishonored upon

presentment(s), Bidder shall pay the maximum statutory processing fee set

by applicable state law.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>If the auction invoice(s) submitted by the Auctioneer

is not paid in full when due, the unpaid balance will bear interest at the

highest rate permitted by law from the date of invoice until paid. If the

Auctioneer refers the invoice(s) to an attorney for collection, the buyer

agrees to pay attorney's fees, court costs, and other collection costs

incurred by the Auctioneer. If Auctioneer assigns collection to its

in-house legal staff, such attorney's time expended on the matter shall be

compensated at a rate comparable to the hourly rate of independent

attorneys.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In the event a successful Bidder fails to pay all

amounts due, the Auctioneer reserves the right to resell the merchandise,

and such Bidder agrees to pay for the reasonable costs of resale,

including a 10% seller's commission, and also to pay any difference

between the resale price and the price of the previously successful bid.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer reserves the right to require payment in

full in good funds before delivery of the merchandise to the buyer.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The Auctioneer shall have a lien against the

merchandise purchased by the buyer to secure payment of the auction

invoice. Auctioneer is further granted a lien and the right to retain

possession of any other property of the buyer then held by the Auctioneer

or its affiliates to secure payment of any auction invoice or any other

amounts due the Auctioneer from the buyer. With respect to these lien

rights, the Auctioneer shall have all the rights of a secured creditor

under Article 9 of the Texas Uniform Commercial Code. In addition, with

respect to payment of the auction invoice(s), the buyer waives any and all

rights of offset he might otherwise have against the Auctioneer and the

consignor of the merchandise included on the invoice.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>If a Bidder owes Auctioneer or its affiliates on any

account, the Auctioneer and its affiliates shall have the right to offset

such unpaid account by any credit balance due Bidder, and it may secure by

possessory lien any unpaid amount by any of the Bidder's property in their

possession.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Title shall not pass to the successful Bidder until all

invoices are paid in full. It is the responsibility of the buyer to

provide adequate insurance coverage for the items once they have been

delivered.

Return Policy:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Signature Sales: The auction is not on approval. No certified

material may be returned because of possible differences of opinion with

respect to the grade offered by any third-party organization, dealer, or

service. There are absolutely no exceptions to this policy. Under

extremely limited circumstances, (e.g. gross cataloging error) a

purchaser, who did not bid from the floor, may request Auctioneer to void

a sale. Such request for evaluation must be made in writing detailing the

alleged gross error, and submission of the lot to the Auctioneer must be

preapproved by the Auctioneer. A Bidder must notify <a

href="mailto:bid@heritagecoin.com">bid@heritagecoin.com</a> in writing of

the Bidder's request and such notice must be mailed within three (3) days

of the mail Bidder's receipt of the lot. Any lot that is to be evaluated

must be received in our offices within 30 days from the date of auction.

Grading or method of manufacture do not qualify for this evaluation

process nor do such complaints constitute a basis to challenge the

authenticity of a lot. AFTER THAT 30-DAY PERIOD, NO LOTS MAY BE RETURNED

FOR REASONS OTHER THAN AUTHENTICITY. Lots returned must be housed intact

in the original holder. No lots purchased by floor Bidders may be returned

(including those Bidders acting as agents for others). Late remittance for

purchases may be considered just cause to revoke all return privileges.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Exclusively Internet, CurrencyAuction.com, Amazing

Comics Auctions™, Amazing Sports Auctions, and Bullet auctions: THREE (3)

DAY RETURN POLICY. All lots (Exception: Third party graded notes are not

returnable for any reason whatsoever) paid for within seven days of the

auction closing are sold with a three (3) day return privilege. You may

return lots under the following conditions: Within three days of receipt

of the lot, you must first notify Auctioneer by contacting Customer

Service by phone (1-800-872-6467) or e-mail <a

href="mailto:bid@HeritageCoin.com">bid@HeritageCoin.com</a>, and

immediately mail the lot(s) fully insured to the attention of Returns,

care of Heritage Galleries & Auctioneers, 3500 Maple Avenue, 17th

Floor, Dallas Texas, 75219-3941. Lots must be housed intact in their

original holder and condition. You are responsible for the insured, safe

delivery of any lots. A non-negotiable return fee of 5% of the purchase

price ($10 per lot minimum) will be deducted from the refund for each

returned lot or billed directly. Postage and handling fees are not

refunded. After the three-day period (from receipt), no items may be

returned for any reason. Late remittance for purchases revokes all

Return-Restock privileges.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All Bidders who have inspected the lots prior to the

auction will not be granted any return privileges, except for reasons of

authenticity.

Delivery:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Postage, handling and insurance charges will be added

to invoices. Please either refer to Auctioneer's web site, <a

href="http://www.HeritageGalleries.com">www.HeritageGalleries.com</a>, <a

href="http://www.HeritageCoin.com">www.HeritageCoin.com</a>, <a

href="http://www.HeritageComics.com">www.HeritageComics.com</a>, or <a

href="http://www.HeritageSportsCollectibles.com">www.HeritageSportsCollectibles.com</a>

for the latest charges or call Auctioneer.

<a

href="http://apps.heritagecoin.com/common/shipping.php?sid=B3F286539B744A290A31AD37CDA0F34B">Complete

Shipping and Handling Charges</a><o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer is unable to combine purchases from other

auctions or Heritage Rare Coin Galleries into one package for shipping

purposes. Successful overseas Bidders shall provide written shipping

instructions, including specified customs declarations, to the Auctioneer

for any lots to be delivered outside of the United States.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All shipping charges will be borne by the successful

Bidder. Any risk of loss during shipment will be borne by the buyer

following Auctioneer's delivery to the designated common carrier.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Regardless of domestic or foreign shipment, risk of

loss shall be borne by the buyer following Auctioneer's delivery to a

shipper.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Any claims for undelivered packages must be made within

30 days of shipment by the auctioneer.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In the event an item is damaged either through handling

or in transit, the Auctioneer's maximum liability shall be the amount of

the successful bid including the Buyer's Premium.

Cataloging:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The descriptions provided in any catalog are intended

solely for the use of those Bidders who do not have the opportunity to

view the lots prior to bidding.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Any description of the lots contained in this auction

is for the sole purpose of identifying the items.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In the event of an attribution error, the Auctioneer

may, at the Auctioneer's sole discretion, correct the error on the

Internet, or, if discovered at a later date, to refund the buyer's money

without further obligation. Under no circumstances shall the obligation of

the Auctioneer to any Bidder be in excess of the purchase price for any

lot in dispute.

Warranties and Disclaimers:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH

RESPECT TO ANY DESCRIPTION CONTAINED IN THIS AUCTION. Any description of

the items contained in this auction is for the sole purpose of identifying

the items, and no description of items has been made part of the basis of

the bargain or has created any express warranty that the goods would

conform to any description made by the Auctioneer.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer is selling only such right or title to the

items being sold as Auctioneer may have by virtue of consignment

agreements on the date of auction and disclaims any warranty of title to

the coins.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer disclaims any warranty of merchantability or

fitness for any particular purposes.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer disclaims all liability for damages,

consequential or otherwise, arising out of or in connection with the sale

of any property by Auctioneer to Bidder. No third party may rely on any

benefit of these Terms and Conditions and any rights, if any, established

hereunder are personal to the Bidder and may not be assigned. Any

statement made by the Auctioneer is a statement of opinion and does not

constitute a warranty or representation. Any employee of Auctioneer may

not alter these Terms and Conditions, and, unless signed by a principal of

Auctioneer, any alteration is null and void.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Coins sold referencing a third-party grading service

("Certified Coins") are sold "as is" without any

express or implied warranty, except for a guarantee by Auctioneer that the

Certified Coins are genuine. Certain warranties may be available from the

grading services and the Bidder is referred to the following services for

details of any such warranties: ANACS, P.O. Box 182141, Columbus, Ohio

43218-2141; Numismatic Guaranty Corporation (NGC), P.O. Box 4776,

Sarasota, FL 34230; Professional Coin Grading Service (PCGS), PO Box 9458,

Newport Beach, CA 92658 and ICG, 7901 East Belleview Ave., Suite 50,

Englewood, CO 80111. Comic books sold referencing a third-party grading service

("Certified Comics") are sold "as is" without any

express or implied warranty, except for a guarantee by Auctioneer that the

Certified Comics are genuine. Certain warranties may be available from the

grading services and the Bidder is referred to the following services for

details of any such warranties: Comics Guaranty Corporation (CGC), P.O.

Box 4738, Sarasota, FL 34230. Currency sold referencing a third-party

grading service ("Certified Currency") are sold "as

is" without any express or implied warranty, except for a guarantee

by Auctioneer that the Certified Currency are genuine. Certain warranties

may be available from the grading services and the Bidder is referred to

the following services for details of any such warranties: Currency

Grading & Authentication (CGA), PO Box 418, Three Bridges, NJ 08887.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>All non-certified coins and comics and currency are

guaranteed genuine, but are not guaranteed as to grade, since grading is a

matter of opinion. Grading is an art, not a science, and therefore the

opinion rendered by the Auctioneer or any third party grading service may

not agree with the opinion of others (including trained experts), and the

same expert may not grade the same coin with the same grade at two

different times. Auctioneer has graded the non-certified items, in the

Auctioneer's opinion, to their current interpretation of the American

Numismatic Association's standards as of the date the catalog was

prepared. There is no guarantee or warranty implied or expressed that the

grading standards utilized by the Auctioneer will meet the standards of

ANACS, NGC, PCGS, ICG, CGC, CGA or any other grading service at any time

in the future.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Auctioneer offers no opinion as to the validity of a

grade assigned by any third-party grading service. Since we cannot examine

C.G.A. encapsulated notes or Comics Guaranty Corporation (CGC)

encapsulated comics, they are sold "as is" without our grading

opinion, and may not be returned for any reason. Auctioneer shall not be

liable for any patent or latent defect or controversy pertaining to or

arising from any encapsulated collectible. In any such instance,

purchaser's remedy, if any, shall be solely against the certification

service certifying the collectible.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Due to changing grading standards over time and to possible

mishandling of items by subsequent owners, the Auctioneer reserves the

right to grade items differently than shown on certificates from any

grading service that accompany the items. For the same reasons as stated

above, the Auctioneer reserves the right to grade items differently than

the grades shown in the catalog should such items be reconsigned to any

future auction.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Although consensus grading is employed by most grading

services, it should be noted as aforesaid that grading is not an exact

science. In fact, it is entirely possible that if a lot was broken out of

a plastic holder and was resubmitted to another grading service or even

the same service, the lot could come back a different grade. Certification

does not guarantee protection against the normal risks associated with

potentially volatile markets. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>The degree of liquidity for certified coins and

collectibles will vary according to general market conditions and the

particular lot involved. For some lots there may be no active market at

all at certain points in time.

Release:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In consideration of participation in the auction and

the placing of a bid, a Bidder expressly releases Auctioneer, its

affiliates, the Consignor, or Owner of the Lot from any and all claims,

cause of action, chose of action, whether at law or equity or any

arbitration or mediation rights existing under the rules of any

professional society or affiliation based upon the assigned grade or a

derivative theory, breach of warranty express or implied, representation

or other matter set forth within these Terms and Conditions of Auction or

otherwise, except as specifically declared herein; e.g., authenticity,

typographical error, etc., and as to those matters, the rights and

privileges conferred therein are strictly construed and is the exclusive

remedy. Purchaser by non-compliance to its express terms of a granted

remedy, shall waive any claim against Auctioneer.

Dispute Resolution and Arbitration Provision:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>By placing a bid or otherwise participating in the

auction, such person or entity accepts these Terms and Conditions of

Auction, and specifically agrees to the alternative dispute resolution

provided herein. Arbitration replaces the right to go to court, including

the right to a jury trial.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>If any dispute arises regarding payment, authenticity,

grading, description, provenance or any other matter pertaining to the

auction, the Bidder or a participant in the auction and/or the Auctioneer

agree that the dispute shall be submitted, if otherwise unresolved, to

binding arbitration in accordance with the commercial rules of the

American Arbitration Association (A.A.A.). The A.A.A. arbitration shall be

conducted under the provisions of the Federal Arbitration Act with locale

in Dallas, Texas. The prevailing party may be awarded his reasonable

attorney's fees and costs. An arbitrator's award is enforceable in any

court of competent jurisdiction. Any claim made by a bidder has to be

presented within one (1) year or it is barred. Any claim as to provenance

or authenticity must first be transmitted to Auctioneer by credible and

definitive evidence and there is no assurance such presentment that

Auctioneer will validate the claim. Authentication is not an exact science

and other contrary opinions may not be recognized by Auctioneer. Auctioneer

in no event shall be responsible for consequential and incidental damages

and the value of an item is determined by its high bid, which is

Auctioneer's maximum liability. Provenance is not guaranteed by the

Auctioneer, but rather provenance is guaranteed by the consignor. Any

action or claim shall include the consignor with auctioneer acting as

interpleador or nominal party. While every effort is made to determine

provenance and authenticity it is up to the Bidder to arrive at that

conclusion prior to bidding.<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>In consideration of his participation in or application

for the auction, a person or entity (whether the successful Bidder, a

Bidder, a purchaser and/or other Auction participant or registrant)

agrees, that all disputes in any way relating to, arising under, connected

with, or incidental to these Terms and Conditions and his purchases or

default in payment thereof shall be arbitrated pursuant to the arbitration

provision. In the event that any matter including actions to compel

arbitration, construe the agreement, actions in aid or arbitration or

otherwise needs to be litigated, such litigation shall be exclusively in

the Courts of the State of Texas, in Dallas County, Texas, and if

necessary the corresponding appellate courts. The successful Bidder,

purchaser, or Auction participant also expressly submits himself to the

personal jurisdiction of the State of Texas.

Miscellaneous:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Agreements between Bidders and consignors to effectuate

a non-sale of an item at auction, inhibit bidding on a consigned item to

enter into a private sale agreement for an item, or to utilize the

Auctioneer's auction to obtain sales for non-selling consigned items

subsequent to the auction are strictly prohibited. If a subsequent sale of

a previously consigned item occurs in violation of this provision,

Auctioneer reserves the right to charge Bidder the applicable Buyer's

Premium and consignor the contracted Seller's Commission.<o:p></o:p></li>

<div style='border:solid black .5pt;padding:2.0pt 2.0pt 2.0pt 2.0pt'>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;

mso-list:l0 level1 lfo1;tab-stops:list .5in;border:none;mso-border-alt:

solid black .5pt;padding:0in;mso-padding-alt:2.0pt 2.0pt 2.0pt 2.0pt'>Acceptance of these terms and

conditions qualifies Bidder as a Heritage customer who has consented to be

contacted by Heritage in the future. In conformity with

"do-not-call" regulations promulgated by the Federal or State

regulatory agencies, participation by the Bidder is affirmative consent to

being contacted at the phone number shown in his application and this

consent shall remain in effect until it is revoked in writing. Heritage

may from time to time contact Bidder concerning sale, purchase and auction

opportunities available through Heritage and its affiliates and

subsidiaries.<o:p></o:p></li>

</div>

</ol>

<![if !supportEmptyParas]> <![endif]><o:p></o:p>

<ol start=61 type=1>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Storage of purchased coins: Purchasers are advised that

certain types of plastic may react with the coin's metal and may cause

damage to the coins. Caution should be used to avoid storage of coins in

materials that are not inert.

State Notices:<o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l0 level1 lfo1;tab-stops:list .5in'>Notice as to an Auction Sale in California. Auctioneer

has in compliance with Title 2.95 of the California Civil Code as amended

October 11, 1993 Sec. 1812.600, posted with the California Secretary of

State its bonds for it and its employees and the auction is being

conducted in compliance with Sec. 2338 of the Commercial Code and Sec. 535

of the Penal Code.<o:p></o:p></li>

</ol>

<a

href="http://apps.heritagecoin.com/common/auction/#auction">View the Auction

Terms</a>

<a href="http://apps.heritagecoin.com/common/auction/#buy_now">View the Buy Now

Terms</a>

Buy Now Terms

and Conditions<o:p></o:p>

Return

Policy:<o:p></o:p>

<![if !supportLists]>1.

<![endif]><![if !supportEmptyParas]> <![endif]><o:p></o:p>

<ol start=1 type=1>

<ul type=circle>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>All orders come with an

unconditional seven-day return privilege. We're not satisfied until you

are. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>All returns must be in their

original, undamaged holder and must be accompanied by a copy of the

invoice. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>You are responsible for fully

insuring and the safe delivery of any returns. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>Returns after seven days are

subject to market fluctuations and will be valued accordingly. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>There is no return privilege

on any invoice where payment was received late (this includes bounced

checks, etc.) Extended Payment Plan purchases are not returnable. <o:p></o:p></li>

</ul>

</ol>



Payment & Shipping:<o:p></o:p>

<ol start=2 type=1>

<li class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;

mso-list:l1 level1 lfo2;tab-stops:list .5in'>Shipping and Handling charges will be added to invoices

for shipments delivered by mail. Charges will apply as follows, based on

the invoice total:

<a

href="http://apps.heritagecoin.com/common/shipping.php?sid=B3F286539B744A290A31AD37CDA0F34B">Complete

Shipping and Handling Charges</a><o:p></o:p></li>

<ul type=circle>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>MasterCard or Visa for fastest

shipping. Delivery must be to the billing address of the credit card holder.

New clients using a credit card may be asked to provide industry

references. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>Payments may be made by Bank

Wire, Cashier's Check, Money Order, or Personal Check. Any written form

of payment may be held up to ten days at our discretion. Written payments

should be made out to Heritage Capitol Corp. and should be mailed to: <o:p></o:p></li>

</ul>

</ol>

Heritage

Rare Coin Galleries

3500 Maple Ave. 17th Floor

Dallas, TX 75219-3941<o:p></o:p>

<ol start=2 type=1>

<ul type=circle>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>There is a $25 service charge

for any bounced check or stop payment. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>Texas residents must pay Texas

State Sales Tax on orders for COINS under $1,000. All other collectibles

including Currency are charged Sales Tax on the full purchase price. Only

registered coin dealers with an approved Resale Certificate are exempt. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>All purchasers must be of

legal age or have the permission of their parent or guardian. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>We do not ship outside the

U.S. without written instructions and insurance to be provided by the

purchaser. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>Title to each item remains the

property of Heritage Rare Coin Galleries until good funds are received.

Once payment is received, title passes to the purchaser when the order is

shipped. With Federal Express shipping, we insure all packages for

delivery. With U.S. Postal mail, any claims for lost/damaged packages

must be made by (and are the responsibility of) the purchaser. However,

we will be cooperative in assisting you with your claim. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>Credit applications for

approval service are available upon request. Please allow thirty days for

processing. <o:p></o:p></li>

</ul>

</ol>



Miscellaneous:<o:p></o:p>

<![if !supportLists]>3.

<![endif]><![if !supportEmptyParas]> <![endif]><o:p></o:p>

<ol start=3 type=1>

<ul type=circle>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'>All posted prices are

invitations to purchase and are subject to availability and changes in

market conditions. They are not offers. No agreement on price has been

reached until you receive confirmation from Heritage that your offer to

purchase has been accepted. <o:p></o:p></li>

<li class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:

auto;mso-list:l1 level2 lfo2;tab-stops:list 1.0in'><span

style='font-size:10.0pt;font-family:Arial

This lot is part of the auction: 2004 June Comic Auction Signature Auction #811 - Session 3 Back To Catalog Listing

The Auction Butler [Manage] Add To My List

Ask Auctioneer a Question...

Old Heritage Auctions. Dallas, Texas, United States 214-528-3500 About Auctioneer... Auctioneer's Auctions...

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LOT Old Heritage Auctions. / 2004 June Comic Auction Signature Auction #811 -... / Michael W. Kaluta - The Shadow #2, page 5 Origin...

Michael W. Kaluta - The Shadow #2, page 5 Original Art (DC, 1973).

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