COINS & CURRENCY AUCTION FAQ
FOR ADDITIONAL INFORMATION
This sale is offered on two online platforms as well as to live bidders in the room. Most lots have had absentee bids submitted on Live Auctioneers and/or Bunch Live prior to the sale going live. The auctioneer will give these bids priority. In the case of a tie bid, the earliest bid submitted will be acknowledged. There may be active bidding in the room after a lot has opened and there may be active bidding online. The auctioneer will acknowledge these bids at his discretion.
To maintain fairness and order in the bidding process, NO BIDS SHOUTED OR CALLED OUT VERBALLY will be acknowledged. We ask that you simply listen to the bids / increments as the auctioneer calls the sale and bid by raising your bidder number.
Up to $100 | $10 increments
$100 to $1000 | $25 increments
$1000 to $2500 | $50 increments
$2500 to $5000 | $100 increments
$5000 to $8000 | $200 increments
$8000 to $10000 | $500 increments
Lots 60311 through 60318 all have additional identical coins available in various quantities. These quantities will be offered to the winning bidder on each of those lots at the winning bid price.
Personal checks accepted ONLY from longstanding known customers. Bank wire transfers are the preferred and easiest method of payment.
Bank/Cashiers/Certified checks in smaller increment made out to yourself can be used and excess payment will be refunded with a check from us.
• Buyer’s Premium 25%
• Discount for Cash/Equivalent 3%
• Credit cards only up to $1000
• Cash is welcome and encouraged
We must file IRS Form 8300 within 15 days after the date we received $10,000 or more in cash. If the person receives multiple payments toward a single transaction or two or more related transactions, and the total amount paid exceeds $10,000, we should file Form 8300. Each time payments add up to more than $10,000, we must file another Form 8300.
We recommend calling ahead to make an appointment for preview times on Wednesday and Thursday. On Friday, the coins will not be out for preview, but will be displayed on a large monitor as they are sold. We are open 10AM until 3:30 for preview, closing at 4 PM sharp.