ACCEPTANCE OF TERMS: Submitting a bid by any method constitutes acknowledgment and acceptance of the following Terms of Sale.

AUCTIONEER: Eric Jackson Revenue Stamps is the auctioneer. The Auctioneer has the final decision in settling any dispute. The Auctioneer reserves the right to:
(a) Refuse any bid,
(b) Bid on behalf of clients.
While every care and attention is taken in undertaking such bids and written instructions, the Auctioneer regrets he cannot accept any responsibility for any errors or omissions in executing said bids.

DESCRIPTIONS: We strive to describe lots accurately therefore giving buyers correct information. A description consists of the following;
1) Condition;
2) Title and Description;
3) Image/s of the lot.

CURRENT BID: The figure in the Current Bid column is the
1) Reserve Price on the Lot, indicated with a (R) if no bid has been made - or
2) The Current Bid on the Lot

BIDDING: Bids may be made be made online or by mail, fax, e-mail or phone. Bids received by phone must be confirmed in writing prior to the auction day. Placing a bid constitutes acceptance by the Bidder of the these Terms of Sale as set down by the Auctioneer. We reserve the right to refuse any bid, or to refuse bids from any person, for any reason.

BID INCREMENTS: Acceptable increments for this auction are shown below:

$0.00 to $10.00	$0.25		$250.00 to $500.00	$10.00
$10.00 to $20.00	$0.50		$500.00 to $1,000.00	$25.00
$20.00 to $50.00	$1.00		$1,000.00 to $2,000.00	$50.00
$50.00 to $100.00	$2.50		$2,000.00 to $5,000.00	$100.00
$100.00 to $250.00	$5.00		$5,000.00 to $10,000.00	$250.00

Any Bid placed by any method that does not comply with these bid steps will be automatically increased to the next Bid Step. 

PENNSYLVANIA SALES TAX: We are required by Pennsylvania law to collect sales tax on all purchases delivered within the Commonwealth of Pennsylvania. The only exception is those items that are purchased for resale and for which we have received a valid resale certificate from the buyer.

BUYER: The Buyer of a lot shall be the person who places the highest bid, at one bid increment over the second-highest bid or at the Reserve Price if there is only one bid. In the event of equal bids being received, the earliest such bid shall be successful.

PAYMENT: Payment is due when a lot is sold, or immediately upon receipt of an invoice. The price is the Selling Price plus any applicable sales tax.

In the event that the Buyer does not make payment in full for the lot(s) within 30 days from the date of the invoice, the Auctioneer shall have the right to exercise any one or more of the following rights and remedies:

1) To terminate the contract with the Buyer, in which case any monies received from the Buyer shall be forfeited to the Auctioneer; 
2) To terminate the contract and resell the lot(s) at any time, in which case any resulting shortfall, plus costs including accounting fees, interest, insurance and resale expenses, shall be met by the original Buyer;
 
3) To apply any monies due at any time from the Auctioneer to the Buyer in payment of the outstanding amount;
 
4) To take legal action against the Buyer for damages for breach of contract.

RETURN OF LOTS: A lot may be returned, within a reasonable time, only where there has been an error in the description. A lot that has been inspected by the buyer or by the buyer's agent cannot be returned for any reason. A lot that is illustrated or of which an illustration has been supplied to the buyer or to the buyer's agent cannot be returned for any reason that is apparent from the illustration.

A lot expressed to be a "range", "group", "selection", "array", "collection"," accumulation" or similar, or any other lot containing more than 10 items is always offered "as is" and cannot be returned for any reason. Similarly, other lots offered "as is" cannot be returned.

EXTENSIONS: A request for an extension to submit a lot to a recognized expert or expert committee for a Certificate of Authenticity must be made in writing prior to the day of the auction. The Auctioneer shall have an absolute discretion not to grant an extension. (In particular, an extension will not normally be granted if the lot is offered with a recent Certificate of Authenticity.) If an extension is granted, the Buyer must make payment in full for the lot including the buyer's premium, prior to the lot be submitted to the expert committee.

The amount paid will be refunded in full if the lot is returned with an acceptable "bad" Certificate. All costs associated with obtaining a certificate shall be borne by the Buyer, unless the lot is found to be not as identified in the catalogue or listing, in which case all appropriate costs associated with obtaining the Certificate shall be refunded by the Auctioneer, with the following exception: we do not pay for certificate costs for stamps that sell for less than $100.

A lot described as being defective in any way may not be returned should the Certificate obtained mention any fault not noted in the lot description. The buyer shall not be entitled to reject an item if the certificate includes any findings that does not materially affect the grading of the lot.

Unless otherwise agreed, nomination of the appropriate expert or expert committee shall be made by the Auctioneer.

Should the Auctioneer agree to the buyer's nomination of an expert or expert committee, the extension granted will be for a period of no more than 90 days from the date of the auction. If a Certificate has not been obtained within 90 days from the date of the auction, the extension shall lapse and the Auctioneer may thereafter refuse to accept the return of the lot.

GOVERNING LAW: These Terms of Sale shall be governed by and interpreted in accordance with the laws of the Commonwealth of Pennsylvania.

Submitting a bid by any method constitutes acknowledgment and acceptance of these Terms of Sale.