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TERMS OF SALE FOR AUCTION
A. Lots will be sold to the highest bidder at an advance over the next highest bidder. In the case of a tie, the first bid received will take the lot. Should any dispute arise between bidders, the decision as to the successful bidder and the re-offering or re-sale of the lot under dispute shall rest entirely on the judgement of the auctioneer. The auctioneer reserves the right to refuse any bid he believes has not been made in good faith. A fifteen per cent buyer's premium will be added to the sale price of each lot.
B. Title shall not pass to the buyer until full payment has been received by John H. Talman Auctioneer. Lots should be cleared immediately after the sale.
C. Buyers are expected to pay purchase price before delivery, otherwise lots will be held until receipt of cash. By prior arrangement purchasers may take delivery of lots before making payment. Successful mail bidders will be invoiced for their purchases and lots forwarded on receipt of payment unless special arrangements have been made before the sale.
D. Each lot is sold as genuine but, when in the opinion of any competent authority mutually acceptable to John H. Talman Auctions and the purchaser, the lot is declared otherwise, the purchaser is at liberty to take or reject it, provided that notice of such rejection is made within five days of receipt of lot. This guarantee does not apply to collections or mixed lots containing undescribed stamps. No stamp or lot will be accepted back under any circumstances after five months from the auction date.
E. Stamps described with defects are not returnable on account of condition. Stamps which have been illustrated may not be returned on account of centering. No lots may be returned by persons who have had an opportunity of examining them before the sale. Lots containing ten or more items may not be returned for any reason.
F. The auctioneer reserves the right to withdraw any lot prior to sale, to divide a lot, or to group two or more lots. In case of identical lots, the purchaser of the first lot will have the option of purchasing all remaining lots at the same price, unless higher bids have been placed with the auctioneer prior to the sale.
G. All sales to agents bidding on the floor are final and the agent will be held fully responsible for any default on the part of his principal. The principal will be completely responsible for any action his agent takes.
H. All lots are sold in Canadian funds. U.S. funds will be accepted at prevailing rate of exchange.
I. The placing of a bid shall constitute acceptance of the foregoing conditions of sale. Suggestions for bidders unable to attend the sale in person: place your bids early. Minimum bid $5.00 please. If you wish to limit your bids to a maximum amount, please mention this maximum amount at time of bidding. Should you wish to bid on two similar lots but only want to buy one, just place the word "or" between the bids on the two lots. Prior to 1899, unused stamps do not have original gum unless so specified.
THE FOLLOWING ABBREVIATIONS MAY BE USED IN DESCRIBING THIS SALE:
NH Never Hinged
HR Hinge Remnant
HH Heavily Hinged
LH Lightly Hinged
VF Very Fine
PB Plate Block
SE Straight Edge
SFC Stampless Folded Cover
E&P Essay and Proof Catalogue
MS Matched Set
FDC First Day Cover
VG Very Good
BS Backstamp (cancel)
SFL Stampless Folded Letter
CDS Circular date stamp
C Cover or card
USC Unitrade Specialized Catalogue
OG Original gum
SL Straight line
STC Stated to catalogue (by owner)
Est. Estimated value
SC Stampless Cover
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John H. Talman Box 70 Adelaide St. P.O. Toronto ON M5C 2H8 CANADA