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EXPORT:

Coins sent to countrics within the European Union require no formalities. Time and care are needed for coins exponed ou1side

of the European Union. We thank you in advance for your patience. Cus1omers wishing 1hcir coins expor1ed would hclp us

greatly if they would s1a1e clearly and in detail how and where they wish to receive lheir coins, and wbal, if aoy. insurance

they might have forsuch shipments. Acrual costs (minimum

15

euros

and

maximum

!OO

euros) for shipping and expon will

be added

LO

your invoice.

PAYMENT:

A detailed invoice will be sent to successful bidders including a charge of 10 euros 10 cover shipping and insurancc. This

charge does not apply to coins picked up atour premises by lhc buyer. Upon receipt ofpayrnen1, coins will be scn1 rcgistercd

or by declared value shipment.

GUARANTEE:

We guaran1ee U1e au1henticity ofall coins sold wi1hou1 1ime limit up 10 the price paid for the coin. Wc further guaranlee

complete confidentiality. The identi1ies ofthe bidders and the amouni oftbeir bids will no1 be revealed but the higbest bids

for eacb coin which will be included in lhe realized price list.

The auctioneers reserve the righl, al lheir sole discre1ion, 10 refuse any item for sale and to refuse any bid.

DISPUTES:

Any disputes regarding any item in this auc1ion must be received by us wilhin live days of receipt by the buyer. Submission

ofa bid constitutes full acceptance ofthe mail bid sale terms.

COURT OF JURTSDICTION is Paris. Submission ofbids constitues absolute acceptance ofthese conditions of sale. Tiic

French text is lhe only text having legal force. This translation is only to serve as a guide to English-spcaking clients.

PRJCEOFCATALOG: Until the 17 ofNovember2005 the priceofthe catalog is 15 euros,and 20 eurosaftcrwards, including

the rcalized price list.

CURRENCYRATES ON September 24'h, 2005

USA 1$

0,8308

SUISSE I CHF

0,6427

ANGLETERRE li

1,4751

JAPON 1

OO

JPY

0,7385

GRADINGS

FRANCE

USA

ANGLETERRE

ALLEMAGNE

ITALIE

ESPAGNE

B

from 6

VG

SGE

B

BC

(Beau)

to 14

(Very good)

(Sehr Gut Erbalten)

(Bello)

(Bien

conservada)

TB

from 15

F

s

MB

BC

+

(TrèsBeau)

to 39

(Fine)

(Schon)

(Molto hello)

TIB

from 40

VF

SS

BB

MBC

(Très très

to 54

(Very fine)

(Sellr schôn)

(Bellissimo)

(Muy bien

beau)

conservada)

SUP

from 55

XF/EF

vz

SPL

EBC

(Superbe)

to 62

(Extremely

(Vorzüglich)

(Spiendido) (Extraordiniamente

fine)

bien conservada)

SPL

MS 63

MS

Fast

-

-

(Splendide)

and 64

(Mini State)

stempelglanz

FDC

MS 65

UNC

FDC

SC

(Fleur de

to MS 70 (Uncirculated)

Stempelglanz (Fior di Conio)

(Sin circular)

Coin)

- 8-