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A mail bid sale is an auction where all bids are submitted in writing. The mail
bid sale helps the collector to better determine the value of a note, which benefits both
buyer and seller, as the notes selling price is the result of input from thousands of
participants and not just the opinion of a single specialist.
DATES :
Bids sheets must be received by no later than the close of business on
April 14th, 2012
; notification of successful bidders and list of prices realized will be
sent to bidders on
April 17th, 2012
. Unsold lots will be offered at their opening prices
till
May 08th, 2012.
LOT VIEWING :
The notes 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 :
All DESCRIPTIONS have been made in good faith. We have
included all the information we thought helpful - not only to the collector but to the
scholar as well. This sale contains banknotes that range from rare to extremely rare.
After the sale, the notes will have dispersed in your various collections, but the data
will remain available to everyone.
The
OPENING BIDS
are the minimum bids that will be accepted.
ESTIMATES
are, in our opinion, the approximative values of each lot. Of course,
this evaluation can only be accurate for notes that appear often enough on the market to
satisfy collector demand. As many of the banknotes in this sale have not been offered for
years, estimates for many items may be somewhat conservative. The rarer the note, the
farther off our estimate may be. In any case, it is never intended as a maximum.
BIDS :
SUBMITTING THE BID SHEET Write your bids as clearly as possible on
the bid sheet. Please follow your own preference order. Do not forget to give your
mailing address, daytime phone, e-mails and fax numbers. Please specify if your bids
can be increased by 10, 20 or 30% if necessary, in order to obtain the lots you want.
You may submit as many bids as you wish and you may set a total spending limit
amount cutoff. No bids will be accepted for less than the opening bids. Any bids under
these amounts will be ignored as well as cents in bids including cents of euros.
Submission of a bid constitues a guarantee to pay for all lots won. All bidders are
responsible for the bids they submit, including bids made on the behalf of third parties.
This is not an approval sale. Dont 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 of your bid sheet
to +33-1-42 33 25 99 or + 33-1-40 41 97 80 or send by e-mail : cgb@cgb.fr. If you wish
to be sure your bids remain unknown until the close of the sale, please specify so on
the envelope (
CGB/ VSO ORDRES, 36, rue Vivienne 75002 PARIS
) and include only
your bids in the envelope.
WINNING BIDS :
Each lot will be won by the highest bidder but he will only pay at
the second best bid plus :
- 15 euros for notes bringing less than 150 euros
- 30 euros for notes bringing between 151 and 750 euros
- 100 euros for notes bringing between 751 and 1.500 euros
- 200 euros for notes bringing over 1.501 euros
An exception will be made in the case where the difference between the highest and
second highest bid would be less than the normal increment. If a lot receives only one
bid, it will be sold at the opening bid regardless of the amount bid.If two identical bids are
received on one lot, the bid reaching us first will win the lot. The computer takes all
bids to figure out the final price, even if some bids are void due to completed budget.
THEREARE ONLY 10 %BUYERS FEE.
Terms of Sale