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MAILBIDSALETERMS

A mail bid sale is an auction where ail bids are submjtted in writing.

The mail bid sale helps the collector to better detcrmine thevalue ofa coin, which bcnefits both buyer and seller, as the

coin's selllng price is the result of input from thousands ofparticipants and oot just the opinion of a single specialist.

OATES:

CutofTfor consigments was July 31", 2005 ; bid sheeis must be received by no laterthan thecloseofbusiness on Novcmbcr 17'',

2005 : notification ofsuccessful bidders and list ofprices realized wilJ be sent

10

bidders on Novembcr 24'", 2005. Settlement to

consignors will occur on Dccember 23"', 2005. Unsold lois will be offored at their opening prices till December 19'', 2005.

LOT VIEWING :

The

coins in this sale will be available for viewing as soon as the catalogues have been shipped. Viewing

will

be at 36. rue

Vivienne. 75002 Paris and is by appointment only.

THE CATALOGUE :

PHOTOS depict the actual size ofthe coins, and are shot under normal lighting conditions. Ali enlargements are specified

as such.

Ali DESCRIPTIONS have been made in good faith. We have included ail the infonnalion we thought helpful - not only to

the collector but

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the scholar as well. This sale contains coins that range from rare to extrernely rare. After the sale, the coins ·

will have dispersed in your various collections, but the data will remain available

10

everyone.

GRADING has been strict and realistic.

REFERENCE books have been chosen for each coin

LO

hclp each collector to attribute every coin with precision. A

BIBLIOGRAPHY is provided with a listing of ail books used in the preparation of this catalogue.

The OPENJNG BIDS bave been detennined in consultation with each consignor, and constitute the minimum bids that will

be accepted.

ESTIMATES are, inouropinion, theapproximative valuesofeach lot. Ofcourse,thisevaluation canonly be accurate for coins

thatappcar ofien enough on the market to satisfy colleetordemand. As many ofthe coins in this sale have not been ofTered for

ycars,cstimates for many items maybesomewhatconservative.Therarerthecoin,the fartheroffourestimate may

be.

lnanycase,

it

js

ncver intcnded as

a

maximum.

BIDS :

SUllMITTING THE BIO SHEET

Writc your bids

as

clearly as possible on the bid sheet. Please follow your own preference order. Do not forget to give your

mailingaddrcss.daytime phone and fax numbers. Pleasespecify ifvour bidsc;in be inc.reased by 10. 20 or30% ifnecessarv,

in orderto obtain the lots you want. Vou may submitas many bids as you wisb and you mayset

a

total spending limitamount

cutoff. No bids

will

beaccepted for Jess than theopenina bids. Anybids underthese amounts will be ignored as

we!I

as cents

jn bjds including cents ofeuros. Submission ofa bid constitues a guaraotee to pay for ail lots won. Ali bidders are responsible

for the bids they submit, including bids made on the behalfofthird parties. This is not an approval sale. Oon't forget to sign

your bid sheet

!

SENDING YOUR BIDS: send us your bids any way you want but the sooner the better due to slow mail delivery. To avoid

any delay, please fax a copy ofyourbid sheet to +33-1-42 36 66 38 or+ 33-1-40 26 42 95 or send bye-mail:

vso@cgb.fr

. If

you wish to be sure your bids remain unknown until the close of the sale, please specify so on the envelope (CGF/ VSO

ORDRES, 36, rue Vivienne 75002 PARIS) and include only your bids in the envelope.

WINNlNG BIDS :

Each lot will be won by the highest bidder but hc

will

only pay at the second best bid plus :

- 5 euros for coins bringing less than 150 euros

- 15 euros for coins bringing between 151 and 1.000 euros

- 50 euros for coins bringing betwcen t.001 and 1.500 euros

- 100 euros for coins bringing over 1.501 euros

An

exception will

be

made in the case where the differencc between the highest and second highest bid would be less than the

nomial incrcment.

Ir

a

lot receives only one bid, il will

be

soldat the opening bid regardless of the arnount bid.

If

two identical bids

are

received on one lot, the bid reaching us first will win the lot.

Coins

1101

sold

will

be available at their opening prices till December 19'', 2005.

The computer takes ail bids

10

figure out the final price, even ifsome bids are void due to completed budget.

RESULTS

The realized price list (including unsold lot numbers) is sent to the bidders and to collectors who paid for the catalog. The

realizcd pricc list includes the realized prices and the highest bid registered for each lot.

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