Terms and Conditions at Alliance Coin Auctions
Credit and Deposits: All bidders must be approved. Those who do not have an established relationship with Alliance Coin & Banknote must provide an approved reference or a credit guarantee prior to the sale.
Buyer’s Premiums: A buyer’s premium of 18% for all floor/mail/email/online/phone 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. All accounts not paid within 30 days will result in an interest charge of 2% per month calculated from May 15th, 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. Lots are sold to the highest bidder at an average rate of 120 lots per hour.
Bidding Procedures: Bids may be made in advance of the auction, by phone, mail, person, fax 613-256-7319, or email info@alliancecoin.com. Live telephone bids can be facilitated with arrangements made in advance. ALL Mail, fax and email bids must arrive to our office no later than May 13th at 12 noon EDT. The auction will be conducted on iCollector.com and all mail bids will be entered online. Alliance Coin 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. Bidding increments are at the discretion of the auctioneer, the scale below must be followed, any uneven bids may not be accepted:
0 – 100 5
100 - 250 10
250 – 1,000 25
1,000 – 5,000 100
5,000 – 10,000 250
Grading Standards and Description: The Cataloguers have taken every reasonable measure to ensure that all the lots are as described by Alliance Coin & Banknote. Many of the lots are third party graded by PCGS, BCS, PMG, 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 Alliance Coin 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.
Lot pick-up/Shipping Details: Lot pickup is available at our Almonte location. Potential pickup also available in Ottawa with prior arrangements. All lots not picked up will be shipped at the bidders expense. We charge actual shipping costs on all orders. 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. Email payments also accepted. Credit Card and Paypal payments are accepted at a 3.0% premium to cover fees.
Catalogue Values: All values are listed in Canadian Funds.
Abbreviations: Within the catalogue you will find many abbreviations, the list below describes each of them:
a about (aEF – about Extra Fine)
Al Aluminum
Approx. Approximate
AGW Actual Gold Weight
AR Silver
AE Brass, Bronze, or Copper
AU Gold
ASW Actual Silver Weight
AV Gold
Bo Bowman
BR Breton
Cat Catalogue
CH Charlton
Co Courteau
COA Certificate of Authenticity
Cu Copper
C/S Counter Stamp
EF Extremely Fine
F Fine
FDC Fleur de Coin
G Good
grm grams
l left
Ler LeRoux
mm Millimeters
r right
S/N Serial Number
Std Seated
Unc Uncirculated
VF Very Fine
VG Very Good
WM White Metal