Terms & Conditions of 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.

Buyers Premiums: A buyer's premium of 20% 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 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 the auction date.

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, advances are at the discretion of the auctioneer. In the event there are identical bids, 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 125-150 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 or by 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 12 noon EST the day prior to auction date. The auction will be conducted on and all mail bids will be entered online. Geoffrey Bell Auctions reserve 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

301 1,000 ...............................25

1,001-2,000............................. 50

2,001 5,000 ...................... 100

5,001 10,000 .................... 250

10,001 20,000 ............................... 500

20,001+ .............................. 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, PMG, ICCS - 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 even 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: Saturday following the auction on Toronto Coin Expo bourse floor from 10am-4pm. All lots not picked up after 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 payments and Paypal are accepted at a 3% premium to cover bank fees. In the event of a late payment, the bidder agrees to complete payment using the credit card on file.

Catalogue Values & References: All values are listed in Canadian Funds.

Abbreviations: Within the catalogue you will find many abbreviations, the list below describes each of them:

Al            Aluminium

G       Good

Approx.  Approximate

VG    Very Good

Bo           Bowman

F       Fine

BR          Breton

VF    Very Fine

Cat          Catalogue

EF     Extremely Fine

CH          Charlton

AU    About Uncirculated

COA     Certificate of Authenticity              

UNC  Uncirculated

C/S          Counterstamped

S/N    Serial Number

mm         Millimeters

LER        LeRoux

SC           College Currency #206