Terms of Sale

1. This is an electronic auction conducted by Classical Numismatic Group, LLC (CNG) Bidding in the auction constitutes acceptance of the CNG web site Terms of Use, of which these Auctions Terms are a part.

2. The property in this auction is offered for sale by CNG for itself and as agent for other consignors. We reserve the right to prohibit any bidder from participating in the auction, to reject any bid, to determine the opening price, to set bidding increments, to withdraw any lot, to bid on behalf of CNG, and to permit the consignor to bid on his own lots.

3. A 20% Buyer's fee will be added to the hammer price.

4. All coins are guaranteed genuine. Attribution, date, condition, and other descriptions are the opinion of the cataloguer, and no warranty is expressed or implied. Please note that an auction sale is not an approval sale. Lots examined prior to the sale and lots purchased by floor bidders (including bidders executing commission bids on behalf of other parties) may not be returned for any reason except lack of authenticity. All claims of misdescription and all claims of return, except claims regarding authenticity, must be made within 5 days of receipt of material. No refund will be provided due to grade or “adjectival” comments by a third party grading service if a coin is submitted for grading after the sale. Any claim of lack of authenticity must be made in writing by the original purchaser immediately after discovery that an item is not authentic, and upon making such a claim the original purchaser must immediately return the lot to CNG in the same condition as at the time of the auction. Any coin returned as “not authentic” which CNG feels is genuine will be submitted to the International Association of Professional Numismatists Authentication Bureau (IBSCC) for final decision of authenticity. No refund shall be made on such coins until the IBSCC makes their determination. This includes coins that have been submitted to a third-party grading service after the auction. Coins that have been previously encapsulated (“slabbed”) by a grading and/or authentication service may not be returned for any reason, including authenticity, if they have been removed from the encapsulation (“slab”). If payment is made by credit card, rights of return are governed by these Auction Terms which supersede any rights of return promulgated by the card issuer. Estimates are intended as a guide only and not as a statement of opinion of value.

5. Invoices are due and payable immediately upon receipt. Interest and late fees of 2.0% per month, or at a highest rate permitted by law, whichever is less, from the date of the auction, shall be payable on invoices not settled within 30 days of the auction date. Payment may be made by check or bank wire. Credit cards (Visa or MasterCard) will be accepted; credit card payments will not be accepted more than 14 days after the sale date. Credit card (Visa or MasterCard) invoices will be executed in U.S. dollars only. Payment by credit card will be charged a 2.5% handling fee. Payment by check must be made in either US dollars ($) drawn on a US bank or British sterling (£) drawn on a British bank. All successful bidders outside North America and the United Kingdom will be charged an additional $20 fee for bank charges that are the result of international wire transfer fees; this fee will be deducted for credit card or check payment as described above. CNG may reduce or compromise any charge or fee at its discretion.

United States address and phone number: CNG, LLC, P.O. Box 479, Lancaster, PA, 17608, phone 717-390-9194, fax 717-390-9978. United Kingdom address and phone number: CNG, LLC, 20 Bloomsbury Street, London WC1B 3QA, phone +44 (20) 7495-1888, fax +44 (20) 7499-5916. Office hours are 10AM to 5PM Monday through Friday. US$ bank account for wire transfers will be provided by phone, fax or mail. An additional $20 fee will be payable for wire transfers received by CNG from banks outside the United States. Late fees of 2% or $25, whichever is greater, shall be payable on invoices not settled within 14 days. In addition, interest of 2% per month, or at the highest rate permitted by law, whichever is less, shall be payable on invoices not settled within 30 days.

6. Bidding is only open to those who have registered on the Site for the electronic auction, and have been authorized to bid by CNG staff. Bidding is permitted only to parties who can lawfully form contracts and lawfully participate in the auction under applicable laws. Title does not pass until lots are paid in full. Upon receipt of lots, the buyer assumes full responsibility for loss or damage. Delivery to the buyer's address of record constitutes receipt by the buyer regardless of the identity of the person accepting delivery.

7. Estimates and bids are in US dollars ($US), and bids must be in even dollar ($) amounts. CNG places an estimate and an opening price on each lot. Estimates are intended as a guide only and not as a statement of opinion of value. Ordinarily the opening price is 60% of the estimate. CNG's electronic auction site software will execute bids on behalf of all bidders up to their maximum limit. Subject to the opening prices, bids will be executed at one bidding increment over the next highest bid. In the case of identical bids, the earliest bid wins. Once a bid is placed it may only be cancelled by CNG staff. Bidders are responsible for errors in bidding.

8. Sales tax, postage, handling and insurance are the responsibility of the buyer and are added to all invoices where appropriate. For buyers in the United Kingdom or the European Union, CNG may import lots into the United Kingdom or the Netherlands prior to shipment and charge buyers the import Value Added Tax. On any tax not paid by the purchaser which should have been paid, even if not invoiced by CNG, the purchaser agrees to pay the same on demand together with any interest or penalty that may be assessed. It is the responsibility of the buyer to comply with foreign customs and other regulations.