SOLD
1,400.00CADto floor+ buyer's premium
This item SOLD at 2010 Oct 22 @ 17:23UTC-04:00 : AST/EDT
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A full invoice should be emailed to the winner by the auctioneer within a day or two.
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The Merchants Bank of Canada, 1886 $10 #55830, CH-460-12-04, PMG VG8. A few edge tears. Very scarce. Very few examples are known.
Auction Location:
1300 Lebourgneuf, Suite #130, Quebec, Quebec, G2K 2N1, Canada
All lots delivered outside Canada are exempt of
tax. Sales tax, if applicable will be added to the total amount of each invoices including the buyer’s charge. To all lots delivered in Canada GST of 5% will be charged. To all lots delivered in Quebec PST of 7.5% will be charged. To all lots delivered in the Maritimes a 13% tax will be charged. To all lots delivered in Ontario 13% HST will be charged. To all lots delivered in BC a 12% HST will be charged.
Taxes:
| Tax | Rate | Desc. |
| TVQ |
7.5% |
Quebec Provincial Tax |
| GST |
5% |
Federal Tax |
| HST |
15% |
Maritimes Tax |
| HST |
13% |
Ontario Tax |
| HST |
12% |
BC Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
18% |
Additional Fees:
Shipping Details:
All lots delivered outside Canada are exempt of
tax. Sales tax, if applicable will be added to the total amount of each invoices including the buyer’s charge. To all lots delivered in Canada GST of 5% will be charged. To all lots delivered in Quebec PST of 7.5% will be charged. To all lots delivered in NFLD, NS, NB HST of 13% will be charged. Shipping and insurance will be charged to all successful bidders. Insurance will be charged at 0.0032% ($3.20 for $1000 purchase). If declined, parcel will be sent at buyer’s risk. All overseas shipments are sent at buyer’s risk.
Payment Details:
ALL LOTS MUST BE PAID FOR IN FULL PRIOR
TO DELIVERY. Payments must be made in
Canadian funds by cheque, bank wire transfer to
TCNC’s account or cash. Payment in U.S. funds
will be accepted at 1.5% above spot rate, on the day of the said auction, invoices will be converted accordingly on request. To be fair with our customers who pay cash, Visa and Master Card will be accepted with a 2% premium. Bidders who do not have an established business relationship with The
Canadian Numismatic Company will be required
to provide credit references prior to the sale. For our established customers, your lots are shipped when your cheque is received. For new customers, your cheque must clear before shipping lots. If you wish to receive your lots faster, you might consider a certified cheque or you can wire your payment
directly to our Laurentian Bank account # 492317-01 , Branch # 147. A $15 dollar surcharge is applicable on all transfers originating from banking institutions other than the Laurentian Bank.
Accepted Payment Methods:
1. This is a public, mail, email, phone/fax and Internet auction sale
conducted and licensed. All bids are per lot. No lots will be broken.
Auction sales are not approval sales. All three sessions will be held at the
Hilton Toronto Airport Hotel 5875 Airport Road. (Conveniently located
at Highway 427 & Highway 401, on 21, 22 and 23 of October 2010.
2. All lots shall be sold to the highest bidder as determined by the
auctioneer. If any dispute arises during the sale, the auctioneer has the
right to re-open the lot and put it up for sale again. The auctioneer’s
decision will be fi nal. If there are identical bids, the earliest received
shall take priority. No BUY bids or unlimited bids will be accepted.
Bids may be made in person, if you cannot attend in person, be sure to
send us your bids by mail, fax, email, phone or place your bids on our
website, either before the sale or by bidding online during the sessions.
If you have yet to do so, take a moment to familiarize yourself with
our new Internet bidding platform program, an improved online
bidding experience which allows bidders to watch and participate in
the auction in real time through a live feed.
3. A 15% buyer’s fee will be added to the invoice of each successful
bidder, including fl oor bidders, mail/fax/email bidders and phone
bidders . An 18% buyer’s fee is applicable to all INTERNET bidders.
We ask that all successful INTERNET bidders contact us with 72hrs of
the auction end date to confi rm there winnings and preferred method
payment.
4. Prices realized will be published and posted on our website a few days
after the sale .
5. ALL LOTS MUST BE PAID FOR IN FULL PRIOR TO DELIVERY.
Payments must be made in Canadian funds by cheque, bank wire
transfer to TCNC’s account or cash. Payment in U.S. funds will
be accepted at 1.5% above spot rate, on the day of the said auction,
invoices will be converted accordingly on request. To be fair with
our customers who pay cash, Visa and Master Card will be accepted
with a 2% premium. Bidders who do not have an established business
relationship with The Canadian Numismatic Company will be required
to provide credit references prior to the sale. For our established
customers, your lots are shipped when your cheque is received. For
new customers, your cheque must clear before shipping lots. If you
wish to receive your lots faster, you might consider a certifi ed cheque
or you can wire your payment directly to our Laurentian Bank account
# 492317-01 , Branch # 147.
All auction invoices should be received and paid for in full no
later than 15 days following the auction date. Invoices not paid in
full within 30 days will be liable to a 2% interest fee, charged on a
monthly basis. This fee will commence as of the initial invoice date
and continue until paid for in full. If the Auctioneer requires use of an
attorney for payment resolution, the buyer agrees to pay all attorney
fees related to the case.
6. The auctioneer will open the bidding at the higher of approximately
10% above the second highest bid received or the consignor’s reserve.
All bids received will be reduced whenever possible. So, don’t
be afraid to bid high. If there are no bids received or reserve, the
auctioneer will open bidding at about 50% of the estimate or at the
starting bid indicated with the price in RED, bracketed right before
the estimates. The auctioneer reserves the right to withdraw any lot for
any reason at any time prior to its sale. In a case of a signifi cant event
which, in the judgement of the auctioneer reserves the right to cancel
or postpone this sale.
7. Prices are in Canadian funds. Bidding in this auction will be in
Canadian funds. Mail bids received from USA customers will be
converted at the exchange rates of the sale’s date rate.
8. The estimates listed are taken from the Canadian Coin News, Charlton
catalogues, Canadian Dealers News letter and retail prices, e-bay sales,
Cornwell report and/or the actual market selling/ asking prices. Key
dates and Highest grade material will generally command a premium
and should sell close to and/or above the estimates. Our estimates are
fair and very reasonable, please bid accordingly. No lot should sell
less than 50% of the lowest estimates. With a bid of 80% of the lowest
estimate, you have a fair chance of succeeding, with a bid of 100% of
the highest estimate, you will be likely to succeed.
9. The cataloguer has taken every reasonable measure to ensure that all
of the lots in this sale are as described and genuine. All raw coins and
banknotes have been graded by the cataloguer or the auction house
which represent our best professional opinion. To grade coins and
banknotes, we use Canadian grading standards, 30 years of experience
and good conscience. Grading is a subjective description in the opinion
of the cataloguer or the auction house. Among experts there are often
differences of opinion on the grading and the eye appeal of a coin. The
strike and the state of preservation are often debated. TCNC acts as an
agent between consignors and buyers. TCNC does not guarantee that
any coin or banknote catalogued will meet the standards, or the grade,
of any third party grading companies. No warranty, whether impressed
or implied.
10. Title to all lots remains with the auction house until paid for in full by
the purchaser. But they are held at the risk of the purchaser once the
time of the sale.
11. All lots delivered outside Canada are exempt of tax. Sales tax, if
applicable will be added to the total amount of each invoices including
the buyer’s charge. To all lots delivered in Canada, appropriate GST/
HST will be charged. To all lots delivered in Quebec PST of 7.5% will
be charged. To all lots delivered in USA or overseas, NO TAX will be
charged.
12. Shipping and insurance will be charged to all successful bidders.
Insurance will be charged at 0.0032% ($3.20 for $1000 purchase). If
declined, parcel will be sent at buyer’s risk. All overseas shipments
are sent at buyer’s risk.
13. Mail bidders may return incorrectly described lots for full refund
within 5 days of receipt, (except on bulk lots or any lot that contains
more than 5 items). NO RETURNS can be accepted for ANY
REASON after November 15, 2010 as consignors must be paid .
Sorry, no exceptions.
14. TCNC acts ONLY as agent for the consignors and makes no
independent warranty to title. TCNC hereby disclaims all liability for
damages, incidental, consequential or otherwise, arising out of or in
connection with the sale of any property by TCNC to the purchaser.
TCNC reminds all bidders that grading, attribution, and method of
manufacture are crucial to the determination of the value of any
numismatic item.
15. Please check your bid sheet carefully, we cannot be responsible for the
mistakes of others.
16. Bidding in this auction constitutes acceptance of the foregoing terms
of sale. All bidders agree to abide by all terms of sale.
Important: We estimate, based on past auctions, the rate of 200 to 250 lots
per hour.