Terms and Conditions

Bidding in this auction, whether in person or through an agent, including but not limited to by telephone, facsimile or email, the bidder accepts all of the following Conditions of Sale.

1. The highest bidder as determined by the auction manager shall be the buyer. The final price payable by the buyer will be the sum of the purchase price plus a commission of 10% of the purchase price plus the shipping fees. The purchase price is one raise above the second highest bid or the reserve price, whichever is higher.
2. The auction manager has the right to reject any bid and, in the case of any dispute between bidders, to determine the successful bidder. In the case of tie bids, the successful bidder will be the earliest bidder.
3. All bids are to be in whole dollars. Bids not in whole dollars will be rounded down to the nearest dollar. No bid below $5.00 will be accepted.
4. All bids are per lot number in the catalogue. The auction manager may group two or more lots together, to withdraw any lot from the sale or to act on behalf of the consignor. The auction manager will execute bids on behalf of bidders, but will not be responsible for any errors in the execution of such bids.
5. An invoice will be sent to all successful bidders via email on file. All invoices are due and payable by ten (10) days from the Invoice Date. Invoices unpaid after thirty (30) days may be cancelled and all bids may be withdrawn by the Auction Manager. No lot will be shipped until the auction manager receives payment in full. Only Checks and PayPal are accepted as forms of payment. Foreign payments must be made in U.S. dollars drawn on a U.S. bank.
6. Requests for expertizing extensions must be made within 5 business days from the auction date. Extension fees must be paid in full and in advance, with no exceptions. Any lot not adhering to this term will not be eligible for return. Lots placed on extension must be submitted for expertizing exclusively through the auctioneer. Lots are sold as genuine, unless marked “as is.” Only if The Philatelic Foundation (P.F.) or Professional Stamp Experts (P.S.E.) determines that a lot is materially misrepresented, the purchase price will be refunded in full. The lot must be returned within 21 days of the auction. Expertizing costs are the buyer’s responsibility unless the lot is found to be materially different from its description, in which case the consignor will cover the costs. An inability by the expert to provide a definitive opinion does not justify a return. Lots with incorrect descriptions may be returned if (A) returned within three (3) days of receipt, and (B) returned to the Carriers & Locals Society within twenty-one (21) days of the auction date. Disputed lots must be returned intact, in the condition they were received, with no adjustments made. Non-returnable lots include: lots containing 10 or more items; lots described as having defects or faults may not be returned because of any faults. No illustrated lots may be returned because of centering, margins or other factors, faults or defects shown in the pictures. In the event any item is determined to be “not as described”, the buyer will be refunded the purchase price and the certification fee, if applicable.
7. The buyer assumes all risk for delivery of purchased lots and agrees to pay for prescribed shipping costs. Shipping costs will be $1.00 plus the actual cost of insurance/shipping.
8. The bidder consents that any action against the Carriers and Locals Society regarding disputes may be commenced and maintained by the American Arbitration Association in New York City.