Terms and Conditions at Geoffrey Bell Auctions

Credit and Deposits: All bidders must be approved. Those who do not have an established relationship with Geoffrey Bell Auctions must provide an approved reference or a credit guarantee prior to the sale.

Buyer’s Premiums: A buyer’s premium of 20% for bidders will be added to the hammer price.  Appropriate GST or HST will be added for lots delivered in Canada.  No taxes will be added if shipped out of the country.  US Funds accepted at 2% under the posted rate on xe.com on the day of the auction. All accounts not paid within 30 days will result in an interest charge of 2% per month calculated from October 1st, 2022. 

Auction Conduct: All our starting bids will be opened at approximately 10% above the second highest mail or computer bid. If there are no mail bids, auctioneer will start the bids at the reserve price, or half of the low estimate, or where possible, call for an opening bid. Advances are at the discretion of the auctioneer. In the event there are identical bids, earliest bid and floor bids will take priority. We reserve the right to withdraw any lot prior to the sale. Announcements and corrections made, appearing on the Internet and live on-site, supersede the printed catalogue.  Lots are sold to the highest bidder at an average rate of 150 lots per hour. Geoffrey Bell Auctions has the right to sell unsold items after the close of the auction. These sales adhere to the terms & conditions herein. 

Bidding Procedures: Bids may be made in advance of the auction, by phone, person, fax 506-634-1026, email info@gbellauctions.com or mail. Live telephone bids are accepted through an approved agent provided by Geoffrey Bell Auctions at 506-333-7778. ALL Mail, fax and email bids must arrive to our office no later than September 29th, 2022 at 12 noon EDT. The auction will be conducted on iCollector.com and all mail bids will be entered online. Geoffrey Bell Auctions reserves the right to refuse bids deemed not in good faith. We are not responsible for bidder errors so please check your bids carefully. Any person participating, or registered bidder in the Auction agrees to be bound by and accepts these Terms and Conditions of Auction. The highest qualified bidder recognized by Geoffrey Bell Auctions shall be the buyer. The person executing the bid on behalf of any entity agrees to personally guarantee payment for any successful bid.  The auctioneer in its sole discretion may reject nominal bids, or very nominal advances. Bidding increments are at the discretion of the auctioneer, the scale below must be followed, any uneven bids may not be accepted:  
0 – 300
10
300 – 1,000
25
1,000 – 2,000
50
2,000-5,000
100
5,000 – 10,000
250
10,000 – 20,000
500
20,000 +
1,000


Grading Standards and Description: The Cataloguers have taken every reasonable measure to ensure that all the lots are as described by Geoffrey Bell Auctions.  Many of the lots are third party graded by PCGS, BCS, PMG, Legacy, ICCS, NGC, CCCS - We feel these are the most recognized grading companies in the industry.

Return Policies: Returns will be accepted by absentee bidders for lots that have been misattributed or incorrectly catalogued. We guarantee that all items are genuine and we will refund anything that has been misrepresented by the cataloguers.  Certified grading concerns are to be dealt with through the certified grading company, not Geoffrey Bell Auctions. No returns will be accepted on graded material. All floor sales are final, including those who choose to use our agent. Absolutely no returns will be accepted after 45 days as consignors are then paid in full. In the event the auctioneer elects to void a sale this does not relieve the bidder from their obligation to pay auction fees (sellers and buyers premium).

Lot pick-up/Shipping Details: Saturday, October 1st, 2022 on the Toronto Coin Expo bourse floor from 10am-4pm. All lots not picked up during the show will be shipped at the bidders expense.  We charge actual shipping costs plus $5 per package for packing and processing the order. Insurance is $5 per thousand.

Payment Details: Cheques must clear before shipping; money orders and certified cheques will be verified and shipped within 48 hours of receipt. Direct deposit into our TD Canada Trust account will result in immediate shipping. Credit Card and Paypal payments are accepted at a 3.0% premium to cover fees. In the event of a late payment, the bidder agrees to complete payment using the credit card on file.

Catalogue Values: All values are listed in Canadian Funds.