Auction Rules & Descriptions

1. Bidding: All bids shall be made in U.S. dollars in conformity with the following increments: 50c up to $15, $1 from $15 to $50, $5 over $50. Lots will be sold at one increment over the next highest bid. Odd amounts will be reduced to the next lower increment. In case of tie bids, the earliest received will prevail. All bids must be received in written form, via mail or email. Bids are not accepted by telephone. Maximum bids will remain confidential. Actual prices realized will be published in the PSCC Journal at a later date.
   
   
2. Reserves: Owners have the right to bid on their own material. Bids below $3 or under half of the estimate ('E') will not be accepted. Estimates are for general guidance, based on condition & market experience. Reserves in the form of a Minimum Bid ('MB') may be indicated at the discretion of the auction manager to provide specific guidance.
   
   
3. Fees: A 5% Buyer's Premium will the added to all purchases, to the benefit of the PSCC. Consignors are charged 10% of the bid price of lots sold. Shipping and handling: will be added to all purchases, with a minimum of $1.50 domestic or $3.00 overseas. Lots will be sent by regular postal mail at the buyer's risk. Registration or insurance may be requested at the time the bids are placed and will be added at actual cost.
   
   
4. Payment: is accepted in US dollar checks, US cash at Buyer's risk, or by PayPal to the PSCC account (same as email, noted above) at a 4% premium. Money Orders are not accepted. Invoices will be mailed or emailed at the auction manager's discretion within 5 days of the sale, barring unforeseen circumstances. Payment is expected within 5 days of receipt of the invoice. Lots will not be sent until payment in full has been received. No exceptions. Please provide your email address, if any, and/or phone number when bidding.
   
   
5. Returns: Lots may be returned within 10 days for refund only if not correctly described (see "Descriptions"). Send an email to the PSCC address prior to mailing any returns.
   
   
6. Descriptions: All stamps should be assumed to lack gum unless gum is specifically mentioned in the description. Paper faults (tears, thins, soiling) will be described either specifically or generally ("small faults," "unobtrusive tear," "back faults," "insignificant toning," etc.). Bidders should be guided by the illustrations provided, as stated below.