Terms of
1.
All bids are subject to a 15% buyer’s premium which will be added
to the auction sale prices as part of the total purchase price.
2.
All bids are per lot as numbered in the
catalogue. The right is reserved to
withdraw any lot prior to the sale, or to group two or more lots (belonging to
the same owner).
3.
The highest bidder shall
prevail (at 1 advanced over the second highest bidder). Should any dispute arise between bidders, the
decision of the Auctioneer as to the successful bidder and the reoffering or
resale of the lot under dispute shall rest entirely in the Auctioneer’s
judgment. The Auctioneer shall regulate
the bidding, and reserves the right to refuse any bids believed to be neither
made in good faith, nor commensurate with its value.
4.
Floor Bidders shall bid by numbered card,
submitting their name and address on the card provided. Payment of the total purchase price shall be
made immediately following the sale.
Special credit arrangements must be made prior to the sale and shall be
at the Auctioneer’s discretion.
5.
Mail Bidders shall be notifies of the
lots purchased and must remit before lots are sent. Clients with established credit, known to us,
may, at our option, have lots forwarded for immediate payment (plus shipping,
handling and insurance charges). Title
shall not pass to the buyer until payment is received by Colonial Stamp
Company. In fairness to all bidders,
written bids shall be binding with respect to accuracy. (Please recheck your
bid sheet.)
6.
Successful bidders agree to pay for lots as
specified above; a late payment charge of 2% per month will be imposed on
overdue accounts, with a minimum charge of $10.00.
7.
Each lot is sold as genuine but if in the opinion of an
authority acceptable to Colonial Stamp Company, and the purchaser, the lot is
declared otherwise, the purchase price will be refunded in full, provided the
lot is received by Colonial Stamp Company within four weeks of the date of the
auction. Lots accompanied by a
certificate shall form the basis on which the lots are offered. Requests for any additional certificates
will be declined. We require that
extension requests be placed when bids are submitted. Cost of certification will paid against
adverse opinions. Inability of the
designated authority to express a definite opinion shall not be grounds for a
lot’s return. Extension lots are to be
paid for at the time of purchase, subject to expertization.
8.
Any lot, description of which is
incorrect is returnable within 10 days of receipt, and must be returned intact
by registered or insured mail.
Lots not returnable: a)
Lots
containing 10 or more items.
b) Lots viewed by floor bidders or
their agents.
c)
Stamps described as is or with defects or faults or of a quality of VG (Very
Good)
or below.
d) Photographed
lots on account of appearance (centering or perforations).
9.
The placing of a bid shall constitute the
acceptance of the foregoing conditions of sale.
The sales tax is payable by all buyers liable for tax.
10. Bidders outside the United States, we respectfully request a
charge card for best exchange rates.
11. We reserve the right to publish all names of defaulters and overdue
accounts.
Symbols & Abbreviations & Conditions
«« Mint Never Hinged |
« Mint Lightly Hinged or Original Gum |
Unused Mint without gum or as
issued |
¤ Used |
▲ Tied
to piece |
* Cover or card |
4 Block of four or larger |
PB Plate or
Inscription Block |
B Block |
4 Block of Four |
P Proof |
E Essay |
S Specimen |
NH Never
Hinged |
VLH Very Lightly
Hinged |
LH Lightly
Hinged |
HR Hinge
Remnant |
OG Original
Gum |
|
|
|
SUPERB Perfection
in centering, freshness and color. |
XF (Extremely Fine) A
very high quality stamp. |
VF (Very Fine) Well centered for the
issue and attractive in every respect. |
F (Fine) Sound example, normal
quality for the issue. |
VG (Very Good) Design
cut in slightly be perforations or margins. |
Fair Some flaws or sold
as is and is used as a filler. |
Wmk/Wmkd Watermark(ed). |
Unwmk Unwatermarked. |
|
|
Symbols &
Abbreviations & Conditions Signed: Indicates that the stamp
bears the signature of a recognized expert. For examples "signed Bloch". |
Certificate: The stamp is accompanied
by a photographic certificate of authenticity issued by a recognized expert
whose name is also mentioned or a
philatelic expertizing committee.
Certificates, where present are specifically mentioned. |
X: |
Catalogues in Usage
Catalogue values and numbers are from Scott - current "Scott Classic
Specialized", SG – current "Stanley
Gibbons Catalogue", MI –
current "Michel Catalogue", Canada
Specialized – Unitrade Catalogue of Specialized Canada Stamps, other
catalogues used will be specifically mentioned.
All foreign catalogue price quotations have been converted to US funds
based on the prevailing rate of exchange as of the date the lot was written up;
this accounts for slight monetary fluctuations.
Bidding Increments for Colonial Stamp Company | ||
From | To | Increment | $0.00 | $100.00 | $5.00 | $100.00 | $300.00 | $10.00 | $300.00 | $750.00 | $25.00 | $750.00 | $2,000.00 | $50.00 | $2,000.00 | $3,000.00 | $100.00 | $3,000.00 | $7,500.00 | $250.00 | $7,500.00 | $99,999.00 | $500.00 | $99,999.00 | $999,999.00 | $5,000.00 | $999,999.00 | $99,999,999.00 | $500.00 | $99,999,999.00 | $99,999,999.00 | $500.00 | $99,999,999.00 | $99,999,999.00 | $500.00 | $99,999,999.00 | $99,999,999.00 | $500.00 |