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is accurate, complete and up to date. The user undertakes to inform the

cgb.fr

Live auction

MONNAIES BILLETS

service of any changes to that information in order that

cgb.fr

always has up

to date information. The user shall receive an email from

cgb.fr

confirming that an account has been created,

attesting that the user has accepted the terms and conditions of use and that the creation of the account has

been completed.

2.3

A user wishing to participate in the Live auction

MONNAIES BILLETS

service operated by

cgb.fr

must,

at the time of each sale, provide or validate his or her postal details by means of the form for the creation of an

account provided by the Live auction

MONNAIES BILLETS

platform operated by

cgb.fr.

2.4

The participation of users in Live auction

MONNAIES BILLETS

is subject to acceptance by the

company organising the sale, in accordance with its own criteria.

Cgb.fr

is responsible for accepting or refusing

the registration of users for sales. Failing that, the user cannot participate in the sale. Decisions relating to

the acceptance of users belong exclusively to the sales company.The Live auction

MONNAIES BILLETS

operated by

cgb.fr

cannot, in any way, be required to justify a refusal to accept a user, or the absence of

acceptance, or a belated acceptance by

cgb.fr

.

3.

Obligations for companies organising Live auctions

MONNAIES BILLETS

3.1

Descriptions shall be written with accuracy and integrity. Conditions of items shall be judged scrupulously in

order to guarantee total accuracy in terms of conformance with actual conditions. References shall be selected

in order to give the best description of the coin, banknote, token, numismatic book, etc.

3.2

Cgb.fr

is responsible for the information and images that it communicates about the items offered for sale via

the Live auction

MONNAIES BILLETS

system.

3.3

It is the responsibility of the user to contact

cgb.fr

directly for information if the terms of sale appear to be

incomplete or unclear.

Cgb.fr

shall be available to answer any questions relating to the general terms and conditions of sale.

Consequently, participants in Live auctions

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may not claim any lack of clarity in

the regulations of

cgb.fr

.

3.4

After the closing of the sale, and as soon as possible thereafter, the user shall receive an invoice or statement

providing him or her with the possibility of paying for his or her purchases immediately. It should be noted that

close of sale is not the same as delivery of sale or completed transfer of ownership.

A sale shall only be considered to be final when the user has completed the payment transactions and after

cgb.fr

has dispatched the lots purchased in the

cgb.fr

Live auction

MONNAIES BILLETS

.

3.5

Payment triggers dispatch or the making available of the items purchased. Items shall either be collected

and paid for at the numismatic counter in Paris (at 36 rue Vivienne, 75002 Paris), or dispatched upon receiving

payment, by registered mail, and covered by appropriate insurance by

cgb.fr

.

3.6

Export: In the case of coins that are dated prior to 1500 with a unitary value above 1,500 Euros, French law

relating to the protection of cultural property requires us always to apply to the Ministry of Culture for an export

certificate (and an export licence for countries outside the EU). The time period for obtaining these documents

is usually about four to six weeks. Certificates issued are valid indefinitely.

Cgb.fr

cannot be held liable for

delays in delivery that result from delays in the issuing of certificates or licences by the French Ministry of

Culture.

Cgb.fr

undertakes to do all that is possible, prior to publication of the catalogue, to make appropriate

applications to the French Ministry of Culture.

3.7

Charges for dispatch are 10 Euros for items sent abroad and to overseas French “départements” and territories,

and 5 Euros for items sent within mainland France.

3.8

Complaints: justified complaints shall be presented to us no later than fourteen days after the purchaser has

received the coins or banknotes. In order to observe the period of cancellation, it suffices for the user to send

a letter, fax or email relating to the right to cancel prior to the termination of the cancellation period.

3.9

We guarantee, without time limit, the authenticity of the coins, banknotes, tokens and numismatic books sold,

as well as their conformance with their description. In the event that this is not the case, a refund is guaranteed

up to the amount paid for the sale.

4.

Obligations for users of the Live auction

MONNAIES BILLETS

service operated by

cgb.fr

4.1

Only natural persons aged at least 18 and with full legal capacity, as well as legal entities, are entitled to create

a user’s account.

Cgb.fr

cannot be held responsible for inaccurate information provided by the user.

9