1. Auction Basics. This is a public auction sale conducted by California bonded auctioneers, Roque Gallery LLC. (hereinafter referred to as "Auctioneer"). Bidding in this Auction constitutes

acceptance by you (the "Bidder") of all the Terms of Sale stated

herein. Bidders may include consignors who may bid and purchase

lots in the Auction consigned by the consignor or by other consignors

pursuant to their consignment agreement. The Auctioneer reserves

the right to include in any auction sale its own material. Bidder

acknowledges and agrees that the Auctioneer may not be required to

pay a Buyer's Premium, or other charges that other Bidders may be

required to pay and may have access to information concerning the

lots that is not otherwise available to the public. Any claimed conflict

of interest or claimed competitive advantage resulting there from is

expressly waived by all participants in the Auction. Lots may carry a

Reserve. A Reserve is a confidential price or bid below which the

Auctioneer will not sell an item or will re-purchase on behalf of the

Consignor or for Roque Gallery LLC. The Buyer is the

Bidder who makes the highest bid accepted by the Auctioneer, and

includes the principal of any Bidder acting as an agent.

2. Descriptions and Grading. Grading of rare coins is subjective and

may differ among independent grading services and among

numismatists, even though grading has a material effect on the value

of the coins. Roque Gallery LLC. is not responsible for the

grades assigned by independent grading services, and makes no

warranty or representation regarding such grades. Bidder further

acknowledges and agrees that grades assigned by Roque Gallery LLC. and lot descriptions are based solely upon an

examination of the coins and are intended to note any perceived

characteristics. Roque Gallery LLC. does not warrant the

accuracy of such grading or descriptions. All photographs in this

catalog are of the actual items being sold but may not be the actual

size or to scale.

3. The Bidding Process. The Auctioneer shall have the right to open or

accept the bidding on any lot by placing a bid on behalf of the

Consignor or their agent, a Bidder by mail, telephone, internet or fax,

or any other participant in the Auction. Bids must be for an entire lot

and each lot constitutes a separate sale. No lot will be broken up

unless otherwise permitted by the Auctioneer. Lots will be sold in

their numbered sequence unless Auctioneer directs otherwise. All

material shall be sold in separate lots to the highest Bidder as

determined by the Auctioneer. Auctioneer shall have the right in his or

her sole and absolute discretion to accept or decline any bid,

challenge any bid or bidding increment, to reduce any mail bid

received, adjudicate all bidding disputes and to determine the

prevailing bid. The Auctioneer shall have the right, but not the

obligation, to rescind the acceptance of any bid and place the lot(s)

for Auction again. Auctioneer's decision on all bidding disputes shall

be binding and final. For the mail and internet Bidder's protection, no

"unlimited" or "buy" bids will be accepted. When identical bids are

received for a lot, preference is given to the first bid received as

determined by the Auctioneer. A mail bid will take precedence over

an identical floor bid; a Floor Bidder and Telephone Bidder must bid

higher than the highest mail bid to be awarded any lot. Bids will not

be accepted from persons under eighteen (18) years of age without a

parent's written consent which acknowledges the Terms of Sale

herein and agrees to be bound thereby on behalf of the underage

Bidder. The auction sale is complete when the Auctioneer so

announces it.

Bids may be placed by fax, mail, email, or by telephone. Online

bidding is also available . Follow the link on our

website, in order to bid online. Your bids will

be treated as a maximum bid. The winning bid will be one increment

above the next highest bidder, or at the starting bid.

Roque Gallery LLC. is not responsible for any errors in

bidding. All Bidders should make certain to bid on the correct lot and

that the bid is the bid intended. Once the hammer has fallen and the

Auctioneer has announced the Buyer, the Buyer is unconditionally

bound to pay for the lot, even if the Buyer made a mistake. Roque Gallery LLC. reserves the right to withdraw any lot at any

time, even after the hammer has fallen, until the Buyer has taken

physical possession of the lot. No participant in the Auction shall have

a right to claim any damages, including consequential damages if a lot

is withdrawn, even if the withdrawal occurs after the Auction.

4. Buyer’s Premiums and Payments. A Buyer's Premium of seventeen and one-half percent (17.5%) will be added to the hammer price for each lot to all successful bids. Accepted payments are by Visa, MasterCard, American Express, PayPal, cash, cashier's check, money

order, approved personal check or bank wire transfer. If the purchaser pays by credit card (including credit-debit cards) or by

PayPal, an additional service fee of three percent (3.0%) will be added. This service fee will apply to the hammer price, buyer’s premium, shipping, and sales tax. A reacquisition charge may apply to Consignors pursuant to a separate agreement, which

may be higher or lower than the Buyer's Premium. Payment is delinquent and in default if not received in full, in good funds, within fourteen (14) calendar days of the Auction (the "Default Date"), without exception, time

being of the essence, unless otherwise agreed in writing prior to the Auction. If a credit card is provided before the sale, Roque Gallery LLC. reserves the right to charge your credit card for the total of your auction purchases if payment has not been rec

ived within the fourteen (14) calendar days deadline. All auction sales are payable strictly in immediately available good U.S. funds, through a bank in the United States. Personal checks must clear our bank

before lots are delivered.

Please contact Roque Gallery LLC. for wiring instructions.

Please inform us after bank wire has been sent. 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 due

to US government regulating, resulting in a delay of shipment of your

lots. Lots will not be shipped until your full payment has arrived in our

bank account. There is a $15 fee for all bank wire transfers.

Roque Galley LLC. reserves the right not to release lots

for which funds have not yet been received in full. On any past due

accounts, Roque Gallery LLC. reserves the right, without

notice, to extend credit and impose carrying charges of 1% per month.

Buyers agree to pay reasonable attorney's fees and cost incurred to

collect past due accounts. Buyers personally and unconditionally

guarantee payment in full of all amounts owed to Roque Gallery LLC. Any person submitting bids on behalf of a corporation or

other entity, by making such bid, agrees to be personally liable for the

payment of the purchase price and any related charges and the

performance of all Buyer obligations under these Terms of Sale and

Roque Gallery LLC. reserves the right to require a written

guarantee of such payments and obligations.

5. Credit. Bidders who have not established credit with Roque Gallery LLC. must furnish satisfactory credit references

and/or deposit at least twenty-five percent (25%) of their total bids

for that Auction session(s) or such other amount as Roque Gallery LLC. may, in its sole and absolute discretion, require before

any bids from such Bidder will be accepted. Deposits submitted will be

applied to purchases. Any remaining deposits will be promptly

refunded, upon clearance of funds.

6. Shipping and Insurance. It is the Buyer’s responsibility to contact

Roque Gallery LLC. after the sale to make shipping and

packaging arrangements. Due to the fragile nature of some lots,

Roque Gallery LLC. may elect not to assume responsibility

for shipping or packing, or may charge additional shipping and

handling. All state taxes, postage, shipping, handling, insurance costs,

the Buyer's Premium, and any other fees required by law to be

charged or collected will be added to the invoice for any lots invoiced

to Buyer. Title and risk of loss pass to the Buyer at the destination

upon tender of delivery. Acceptance of delivery constitutes

acceptance of the purchased lots. Inspection of the purchased lots is

not required for acceptance. Any and all claims based upon Buyer's

failure to receive a purchased lot, Buyer's receipt of a lot in damaged

condition, or otherwise related to delivery, must be received in

writing by Roque Gallery LLC. no later than thirty (30)

days after payment. The failure to make a timely claim, time being of

the essence, shall constitute a waiver of any such claim.

Delivery outside the USA will be by USPS registered mail or by FedEx

and will include insurance on all shipments up to $20,000. Buyers will

be billed additional insurance charges on a shipment or combined

shipments valued at above $20,000 Any claims of loss or damage will

only be paid by Roque Gallery LLC. only after the insurers’

investigation is complete. If the Buyer opts for another form of

shipment other than the above, items will be shipped at their risk and

they will assume all risk due to theft, damage or loss. A Buyer opt out

of the Roque Gallery LLC. standard shipping listed above

must be in received in writing before shipment will be made.

Roque Gallery LLC. cannot accept any responsibility

whatsoever for customs duties charged by the country of destination

or seizure of items by customs, domestic or foreign.

Buyers will be charged all applicable sales tax, including Buyers who

pick up at this Auction or shipments to Buyers in California without a

valid Resale Certificate which has been provided to the Auctioneer.

Please note that the purchase of any coin or bullion lot(s) with a price,

including the Buyer's Premium, in excess of One Thousand Five

Hundred Dollars ($1,500) are exempt from California sales tax. On any

tax not paid by Buyer that should have been paid, even if not collected

by Roque Gallery LLC. by mistake, error, negligence or

gross negligence, Buyer remains liable for and agrees to promptly pay

the same on demand together with any interest or penalty that may

be assessed.

6. Financial Responsibility. In the event any applicable conditions of

these Terms of Sale herein are not complied with by a Buyer or if the

Buyer fails to make payment in full by the Default Date, Roque Gallery LLC. reserves the right, in its sole discretion, in

addition to all other remedies which it may have at law or in equity,

to: (a) rescind the sale of that lot or any other lot or lots sold to the

defaulting Buyer, retaining all payments made by Buyer as liquidated

damages, it being recognized that actual damages may be speculative

or difficult to compute, or (b) resell a portion or all of the lots held by

Roque Gallery LLC., in a commercially reasonable manner,

which may include a public or private sale, in a quantity sufficient in

the opinion of Roque Gallery LLC. to satisfy the

indebtedness, plus all accrued charges, and Roque Gallery LLC may charge a seller’s commission that is commercially reasonable.

More than one such sale may take place at the option of Roque Gallery LLC. If the Auctioneer resells the lots, Buyer agrees

to pay for the reasonable cost of such sale, together with any

incidental costs of sale, including reasonable attorney's fees and costs,

cataloguing and any other reasonable charges. Notice of the sale shall

be by U.S.P.S. Certified Mail, Return Receipt Requested to the address

utilized on the Bid Sheet, Auction Consignment and Security

Agreement or other last known address by Roque Gallery LLC. The proceeds shall be applied first to the satisfaction of any

damages occasioned by Buyer's breach, then to any other

indebtedness owed to Roque Gallery LLC., including

without limitation, commissions, handling charges, carrying charges,

the expenses of both sales, reasonable attorneys' fees, costs,

collection agency fees and costs and any other costs or expenses

incurred. Buyer shall also be liable to Roque Gallery LLC.

for any deficiency if the proceeds of such sale or sales are insufficient

to cover such amounts.

Buyer grants to Roque Gallery LLC., or assignees, the right

to offset any sums due, or fund to be due to Roque Gallery LLC., and to make such offset from any past, current, or future

consignment, or purchases that are in the possession or control of the

Auctioneer or from any sums due to Buyer by Roque Gallery LLC., its affiliates and assignees. In addition, defaulting Buyers

will be deemed to have granted to Roque Gallery LLC., or

its assignees, a security interest in: (x) the purchased lots and their

proceeds, and (y) such sums or other items and their proceeds, in the

possession of Roque Gallery LLC., its affiliates or

assignees, to secure all indebtedness due to Roque Gallery LLC., plus all accrued expenses, carrying charges, attorney fees,

and costs, until the indebtedness is paid in full. Buyer grants Roque Gallery LLC. the right to file a UCC-1 financing statement for

such items, and to assign such interest to any affiliated or related

company or any third party deemed appropriate by Roque Gallery LLC. If the auction invoice is not paid for in full by the

Default Date, a carrying charge of one percent (1%) per month may be

imposed on the unpaid amount until it is paid in full. In the event this

interest rate exceeds the interest permitted by law, the same shall be

adjusted to the maximum rate permitted by law, and any amount paid

in excess thereof shall be allocated to principal. Buyer agrees to pay all

reasonable attorney's fees, court costs and other collection costs

incurred by Roque Gallery LLC. or any affiliated or related

company to collect past due invoices or to interpret or enforce the

terms hereof or in any action or proceeding arising out of or related to

the Auction. Roque Gallery LLC. reserves the right to

assign its interest to any third party. To the extent that the Buyer for

any lot consists of more than one person or entity, each such person

or entity is jointly and severally liable for all obligations of the Buyer,

regardless of the title or capacity of such person or entity.Roque Gallery LLC. shall have all the rights of a secured party under

the California Uniform Commercial Code and all rights of the

consignor to collect amounts due from the Buyer, whether at law or


7. Disclaimer and Warranties.

a) Coins listed in this catalog graded by PCGS, NGC or ANACS

cachet or any other third party grading service or examined by

the buyer prior to the auction sale may not be returned for any

reason whatsoever by any Buyer, except for claims related to


b) For non-certified coins that have not been examined by the

Buyer prior to the Auction: if it is determined in a review by the

Auctioneer that there is a material error in the catalog

description of a non-certified coin or the coin is not authentic,

such lot may be returned, provided written notice is received by

the Auctioneer no later than seventy-two (72) hours of delivery

of the lots in question, and such lots are returned and received

by Roque Gallery LLC., in their original, containers,

no later than fourteen (14) calendar days after delivery, in the

same condition the lot(s) were delivered to the Buyer, time

being of the essence.

c) If an item or items are returned pursuant to the terms herein,

they must be housed in their original container. Late remittance

or removal of any item from its original container, or altering a

coin constitutes just cause for revocation of all return privileges

except for items proven not genuine.

d) Group lots are SOLD AS IS. We will not accept returns on group

lots. Please examine group lots carefully before bidding.

e) Grading or condition of rare coins may have a material effect on

the value of the item(s) purchased, and the opinion of others

(including independent grading services) may differ with the

independent grading services opinion or interpretation of the

Auctioneer. Auctioneer shall not be bound by any prior, or

subsequent opinion, determination or certification by any

independent grading service.

f) All oral and written statements made by Roque Gallery LLC. and its employees (including affiliated and related

companies) are statements of opinion only, and are not

warranties or representations of any kind, unless stated as a

specific written warranty, and no employee or agent of Roque Gallery LLC. has authority to vary or alter these Terms

and Conditions of Auction. Any alteration shall be effective only

if in writing and signed by an officer of Roque Gallery LLC. authorized to do so. Roque Gallery LLC

reserves the right to vary or alter the Terms of Sale, either

generally or with respect to specific persons or circumstances, in

its sole discretion. Any variation or alteration shall be effective

only if in writing and signed by an officer of Roque Gallery LLC. authorized to do so.

g) Bidders shall have no recourse against the Consignor for any

reason whatsoever.

h) Bidder acknowledges that the coin market is speculative,

unregulated and volatile, and that coin prices may rise or fall

over time. Roque Gallery LLC. does not guarantee

that any customer buying for investment purposes will be able

to sell for a profit in the future.

i) Bidder acknowledges and agrees that neither Roque Gallery LLC, nor its employees, affiliates, agents, third-party

providers or consignors warrant that auctions will be

unimpaired, uninterrupted or error free and accordingly shall

not be held liable for such events.

8. Waiver and Release. Bidder, for himself, his heirs, agents,

successors and assignees, generally and specifically waives and

releases, and forever discharges Roque Gallery LLC., and

its respective affiliates, parents, shareholders, agents, subsidiaries,

employees, members of their respective boards of directors, and each

of them, and their respective successors and assignees from any and

all claims, rights, demands and causes of actions and suits, of

whatever kind or nature, including but not limited to claims based

upon Auctioneer’s negligence, whether in law or equity, whether

known or unknown, suspected or unsuspected (a "Claim"), which

Bidder may assert with respect to and/or arising out of, or in

connection with any challenge to the title to or authenticity of any

goods purchased, the sale itself, any lot bid upon or consigned, and/or

the auction, except where such Claim is otherwise expressly

authorized in these Terms of Sale. It is the intention of Bidder that this

waiver and release shall be effective as a bar to each and every Claim

that may arise hereunder or be related to the Auction, and Bidder

hereby knowingly and voluntarily waives any and all rights and

benefits otherwise conferred upon him by the provisions of Section

1542 of the California Civil Code, which reads in full as follows:






9. Disputes. If a dispute arises concerning ownership of a lot or

concerning proceeds of any sale, Roque Gallery LLC.

reserves the right to commence a statutory inter-pleader proceeding

at the expense of the Consignor and Buyer and any other applicable

party, and in such event shall be entitled to its reasonable attorneys'

fees and costs. Roque Gallery LLC. reserves the right to

cancel or postpone the Auction or any session thereof for any reason

whatsoever. No Bidder shall have any claim as a result thereof,

including for incidental or consequential damages. Neither Roque Gallery LLC. nor any affiliated or related company shall be

responsible for incidental or consequential damages arising out of any

failure of the Terms of Sale, the auction or the conduct thereof and in

no event shall such liability exceed the purchase price, premium, or

fees paid. Rights granted to Bidders under the within Terms and

Conditions of Auction are personal and apply only to the Bidder who

initially purchases the lot(s) from Roque Gallery LLC.. The

rights may not be assigned or transferred to any other person or

entity, whether by sale of the lot(s), operation of law or otherwise.

Any attempt to assign or transfer any such rights shall be absolutely

void and unenforceable. No third party may rely on any benefit or

right conferred by these Terms and Conditions.

10. General Terms. These Terms and Conditions of Auction and the

auction shall be construed and enforced in accordance with, and

governed by, the laws of the State of California, regardless of the

location of the Auction. Any dispute arising out of or related to these

Terms of Sale, the Auction or any lot, with the sole exception of

actions by Roque Gallery LLC. to collect amounts owed to

it and other damages, shall be submitted to binding arbitration

pursuant to the rules of the International Association of Professional

Numismatists (I.A.P.N.). Bidder acknowledges and agrees that the

competent courts of the State of California shall have exclusive

jurisdiction, subject to the requirement to arbitrate, over any

dispute(s) arising hereunder, regardless of any party's current or

future residence or domicile. Bidder further agrees that venue of the

arbitration proceeding shall be in Sonoma County, California; and any

court proceeding shall be in the Sonoma County Superior Court, in the

State of California. Bidder agrees that any arbitration or legal action

with respect to this Auction is barred unless commenced within one

(1) year of the date of this Auction. These Terms of Sale and the

information on our website constitute the entire agreement between

the parties hereto on the subject matter hereof and supersede all

other agreements, understandings, warranties and representations

concerning the subject matter hereof. If any section of these Terms of

Auction or any term or provision of any section is held to be invalid,

void, or unenforceable by any court of competent jurisdiction, the

remaining sections or terms and provisions of a section shall continue

in full force and effect without being impaired or invalidated in any

way. Roque Gallery LLC. may at its sole and absolute

discretion, make loans or advances to Consignors and/or Bidders.

11. Special Services. If you wish to limit your total expenditures,

please fill in the maximum amount you wish to spend on your bid

sheet. This is a personal service and a Roque Gallery LLC.

representative will personally attend to your bid sheet by bidding

from the auction book, buying lots for your account until your

authorized expenditure is reached. While we will do our best in your

behalf, due to the speed of the auction sale and the sometimes

crowded conditions, we cannot be responsible for failure to execute

such a bid properly.

12. Floor Bidding. We reserve the right to refuse to allow a person to

attend the live floor bidding session of the sale, and also reserve the

right to eject disruptive or non-compliant bidders from the floor

session, at the discretion of the auctioneer. Photography is prohibited

for all attendees. Smoking within the building is prohibited for all

attendees. Lot pickup for items won by bidders who bid live from the

auction floor will be allowed no sooner than 24 hours after the final

lot is hammered on the day that the lots were won. This pickup

timeline may be altered at the discretion of the auctioneer.

Roque Gallery LLC. auctions are not approval sales.

Bidding in this auction sale constitutes unconditional acceptance by

the Bidder of the foregoing terms of sale.