AUCTION PROCEDURES & CONDITIONS OF SALE

 

Please read the following Auction Procedures and Conditions of Sale closely. By placing a bid in this sale, you acknowledge and agree that you are bound by these Auction Procedures and Conditions of Sale.

 

AUCTION REGISTRATION

You must register in order to bid in this auction before 2:00PM PST (5:00PM EST) on Saturday, May 17, 2014.  If you have registered for a previous SCP internet auction, please use your previously established login and password to bid in this auction. Auction registra­tion takes only a few moments. Please log on to www.scpauctions.com and click on the "Registration" tab. Please enter all of the required registration information and click "Register" at the bottom of the page. During registration, you will create a Bidder ID and password of your own choosing. You will only need to register once for this auction. You must be logged-in at www.scpauctions.com in order to place bids. Keep your Bidder ID and password in a safe place for future reference, as they will remain your Bidder ID and password for all future SCP internet auctions.  Upon registering, you will receive an email con­firming your registration. Immediately after your account is approved, you will be able to place bids on-line in this sale. Unless you have an established account with SCP Auctions your account must be approved before bidding.  At our sole discretion and for any reason, SCP Auctions retains the right to revoke an account and any bids previously placed by that account.  In the event that an account and any bids are revoked, the account holder will be notified by phone and/or email. If you have any problems registering, please contact SCP Auctions at +1 (949) 831-3700 or toll-free at +1 (800) 350-2273 or email info@scpauc­tions.com. All registration and bidder information shall remain confidential within SCP Auctions.

 

BIDDING

(PLEASE NOTE CHANGE TO SCP AUCTIONS CLOSING PROCEDURE)

This is an internet-only auction.  All items that meet reserve are sold to the highest bidder.  Bidding for all lots for this auction will open on Wednesday, April 30th, 2014 at www.scpauctions.com.  Immediately after registering and receiving email confirmation of your Bidder ID and password (see REGISTRATION above), you will be able to bid in this sale.  You must be logged-in to the auction at www.scpauctions.com using your Bidder ID and your password in order to place bids in this sale.   

In order to be eligible to bid on a lot during the Extended Bidding Period which begins at 7:00pm PST on Saturday, May 17th (the final day), you must have placed a bid on that lot before the end of the Initial Bidding Period (before 7:00pm PST on Saturday, May 17th).

IF YOU HAVE NOT BID ON THE LOT BEFORE 7:00pm PST (10:00pm EST) ON SATURDAY, MAY 17th, YOU CANNOT BID ON THE LOT AFTER 7:00pm PST (10:00pm EST).

The entire auction will remain open until 15-minutes passes without a bid being placed on any item in the auction. Based on past experience, we expect the auction to continue past 11:00pm PST. Should bidding continue past 11:00pm PST, there will be no warning as to exactly when the auction will close.

 

BID NOTIFICATIONS VIA EMAIL

Upon placing a successful bid making you the current high bidder on a lot, you will receive an email notification confirming that you are current high bidder on that lot. If and when you are outbid on that lot, you will receive a new email notifying you that you have been outbid. In the event that you place a bid but are immediately outbid by another bidder's Maximum Bid, you will be notified instantly on the computer screen that you have been outbid and will not receive an email notifica­tion.

 

MINIMUM BIDS, BIDDING INCREMENTS AND MAXIMUM BIDS

Each lot in the auction has a Minimum Bid (designated in the printed catalogue and online as "MB"). When bidding, you will be able to view the current high bid for each lot. When you want to bid, you will click through to the individual lot page. There you will be able to view a pull-down menu of incremental bid amounts. You will have the option of selecting the next incremental bid (the low­est amount that the pull-down menu displays) or any bid higher than the next incremental bid (a Maximum Bid). If you select a Maximum Bid, the auction program will bid incrementally on your behalf one bid at a time up to but not exceeding your "maximum" bid amount with the intention of winning the item at the lowest possible price. Bid increments are set at 10% increases. In the event that two or more bidders place the same Maximum Bid, then the earliest received bid will be recognized as the successful high bid.

 

MY BIDS

All of your bids within your account will be managed and viewable in the "My Bids" section of the site. After you are logged in to the auction using your Bidder ID and password, My Bids will be a click-able tab on the horizontal navigation bar. In "My Bids," you will be able to view a list of all of the lots that you have bid on in this auction, the current high bid for each lot you have bid on, whether or not you are the current high bidder, and your Maximum Bids on each lot (for lots you have placed a "Maximum" Bid).

 

INITIAL BIDDING PERIOD

The initial bidding period for all lots will begin at 10:00AM PST (1:00PM EST) on WEDNESDAY, APRIL 30th.

The Initial Bidding Period will end for all lots at 7:00PM PST (10:00PM EST) on Saturday, MAY 17th. You must place a bid on a lot prior to the end of the Initial Bidding Period (between Wednesday, APRIL 30th at 10:00AM PST and Saturday, MAY 17th at 7:00PM PST (10:00PM EST) in order to be eligible to bid on that lot during the Extended Bidding Period and the Closing Bidding Period on Saturday, MAY 17th.

There are no exceptions to this rule. If only one bid at or above the Minimum Bid has been made on a lot when the Initial Bidding Period ends, that bidder will be declared the winner** of the lot at the conclusion of the Initial Bidding Period. **Exception: if the lot has a reserve that is unmet during Initial Bidding Period the lot will remain unsold.

 

EXTENDED BIDDING PERIOD 

The Extended Bidding Period will apply to all lots that have received two or more bids above the Minimum Bid during the Initial Bidding Period. 

The Extended Bidding Period begins on Saturday, MAY 17th at 7:00PM Pacific Standard Time (10:00PM Eastern Standard Time). 

During Extended Bidding you are only eligible to bid on items that you have previously placed bids on.

 

AUCTION CLOSING

The entire auction will remain open until 15 minutes passes without a bid being placed on any item in the entire auction.  Based on past experience, we expect the auction to continue past 11:00pm PST. Should bidding continue past 11:00pm PST, there will be no public warning as to exactly when the auction will close.

 

HAMMER PRICE AND THE BUYER'S PREMIUM

The bid amounts placed in this sale at www.scpauctions.com are sometimes also referred to as the hammer prices. A Buyer's Premium will be added to the winning bid or hammer price and is payable by the purchaser as part of the total purchase price. The Buyer's Premium is equal to 20% of the winning bid price. For example, in the event that you win a lot with a successful bid price (ham­mer price) of $1,000, then your total cost for that lot will be equal to the $1,000 successful bid price plus the 20% Buyer's Premium. In this example, the total cost for that lot will equal $1,200 (plus shipping, handling, insurance, and California sales tax if applicable).

 

INVOICING

Invoices will be emailed to all winning bidders. Invoices are also available online within 48-hours after the close of the auction. To view your invoice, log-in to the “My Accounts” page and click on the “View Invoice” button. Invoices are due and payable by Monday, June 2nd, 2014. Shipping, packing, insurance, and California sales tax (if applicable) will be included on the invoice. California residents will be charged California sales tax based on shipping address unless you provide a valid, California tax resale number. If you have a valid California resale license, you will have the opportunity to check the appropriate box when registering for the auction on-line. You must also fax a copy of your valid California resale license to Fax +1 (949) 643-2800 with a cover letter that includes your name, account name and telephone number. We will then mail you a California re-sale certificate which you must complete, sign and mail back to SCP Auctions. If you check the re-sale box online during registration, but do not provide us with a copy of your California resale number and return the certificate to SCP Auctions, we are required to collect and remit sales tax.

 

PAYMENT

CREDIT CARDS ARE NOT ACCEPTED.  Payment may be in the form of personal or business checks, certified checks, traveler checks, money orders, or wire transfers.  All payments must clear prior to items being shipped.  Property will not be released to you, your agent, or a shipper for up to seven business days in order to allow payment to clear.  Payment must be mailed to SCP Auctions, 32451 Golden Lantern, Suite 308, Laguna Niguel, CA  92677.  For Wire Transfers: please include your account name and lot numbers purchased as the “additional information” that you may provide when sending the wire transfer. 

 

SHIPPING

Payment for your invoice must clear in full prior to shipping.  All items will be shipped from SCP Auctions California offices in the order that payments are received.  Please allow up to three business days following clearance of payment for items to ship.  All items will be shipped UPS Ground unless you contact us to discuss an alternative shipping method.  If you would like your items shipped in a different method, such as UPS Next Day or UPS 2-Day, you must contact Dave Johnson, Shipping Manager, at DJohnson@scpauctions.com prior to discuss alternative shipping instructions. Prior to bidding, please be aware of estimated shipping costs, especially for large or heavy lots. You may contact SCP Auctions for any shipping estimates for lots.  If you intend to pick up your items in person at SCP Auction’s California office, please call SCP Auctions to schedule. Payment must clear prior to items being available for pick-up. 

 

FRAMES INCLUDED WITH LOTS

While we make every effort to protect the frames included with these lots during pre-auction storage and post auction shipping, we are not responsible for any damage to the frames themselves, and no refunds will be given due to frame damage.

 

AUCTION CATALOGS

If you have been an active bidder in SCP Auctions during the last three years, you will continue to receive our complimentary auction catalogues.  If you have moved within the last three years please login and update your information or call SCP Auctions to update your account and confirm your catalogue status at +1 (949) 831-3700. 

 

 

ACCEPTING CONSIGNMENTS

SCP Auctions are actively seeking consignments of collections and individual items.  We are accepting consignments for our next Internet Sale and Private Sales.  Our most wanted items include: Full or Partial Collections; Tobacco, Caramel, and Gum cards; Pre and Post war single cards and sets, PSA Registry sets; PSA, SGC, and GAI graded cards; 19th century cards and items; Regional Items, Autographed Items, Single and Team Signed Baseballs; Game Used Bats, Jerseys, and Equipment; Rings and Awards; Vintage Photographs; and New York Yankee, Babe Ruth and Lou Gehrig items.  Please call SCP Auctions today at     +1 (949) 831-3700 to discuss the consignment of your sports memorabilia and cards. 

 

CONDITIONS OF SALE

 

BIDDING

By placing a bid with SCP Auctions you are entering in to a legal and binding contract. No bid may be retracted under any circumstances.  In the event of a disagreement regarding bids, the determination of SCP shall be final.

 

CAPITALIZED HEADINGS & LOT DESCRIPTIONS

The Capitalized (Bold) Heading is included in the printed catalogue for each lot.  In addition to the Capitalized Heading, the on-line catalogue includes a detailed lot description for each lot.  It is important to read the detailed lot description for a complete description of the contents, conditions, quantities, and details of each lot.  Please call with questions prior to placing a bid on any lot.

 

ADDITIONAL TERMS

The title to each lot will remain with SCP Auctions or the Consignor until payment has cleared.  SCP Auctions retains the right to withdraw any item in the sale prior to the closing date of the sale for any reason whatsoever and shall have no liability for such withdrawal.  Any necessary corrections to the printed catalogue shall be published in the Addenda on-line.  All capitalized heading and lot description references to PSA population reports, SMR values, and PSA set registry rankings are as of the time that this catalogue was produced.  SCP Auctions retains the right to cancel any sale if payment is not received within 30 days following the closing date of the auction.  SCP Auctions retains the right to revoke future bidding privileges for accounts that are not paid in full within 30 days following the closing date of the auction.  If a winning bidder does not pay an invoice in full within 30 days following the closing of the auction, SCP Auctions retains the right to cancel the sale and return the items to the consignor(s), sell the given items to an under-bidder, re-offer the item(s) in subsequent auction(s) or for private sale, or any other means of disposal.  SCP Auctions retains the right to post-pone or delay the auction for any reason including for reasons beyond their control, without recourse from any account holder or bidder.  By bidding in this auction, the bidder consents to the application of the laws of the state of California without application of conflicts of laws and the jurisdiction of the state of California in the county of Orange.  In no event, shall SCP Auctions liability to a purchaser exceed the purchase price of record for the lot.

 

PSA/DNA AUTOGRAPH AUTHENTICATION POLICY

SCP Auctions is committed, with respect to signed material, to selling only items that have been reviewed and authenticated by PSA/DNA. Recent policy changes initiated by PSA/DNA have resulted in SCP Auctions no longer issuing auction letters to serve as letters of authenticity (LOA’s). Instead, PSA/DNA will now issue full letters of authenticity (LOA’s) for specific items in our catalog. All other items will be “Pre-Certified” upon being deemed authentic by PSA/DNA. Please note that it is the responsibility of the bidder to review the lot description for each lot in order to determine what form of authentication will accompany each item. SCP Auctions is not responsible for submitting pre-certified items to PSA/DNA for full LOA’s. Winning bidders may submit their “Pre-Certified” items to PSA/DNA within 60 days of the auction closing with their invoice or proof of purchase from our auction house to receive special pricing from PSA/DNA on upgrading to full letters of authentication (LOA’s). Please visit www.psadna.com for further information on “Pre-Certified” items. 

 

AUTHENTICATION

The provenance and authenticity of the items offered in this sale have been researched extensively.  SCP Auctions (formerly SportsCards Plus) has been a leader in the sports cards and memorabilia industry for over thirty years.  In many cases, we have employed the services of the foremost independent authentication firms such as PSA or SGC for card grading and authentication services; PSA/DNA (Professional Sports Authenticator), and JSA (James Spence Authentication) for autograph authentication, and MEARS (Memorabilia Evaluation And Research Services) and PSA/DNA (John Taube) for game-used equipment.  LOA’s (Letters of Authenticity) from third party authenticators, as well as those from relevant sources, are indicated in the lot description on-line at www.scpauctions.com.  Please call SCP Auctions for any further description or information regarding any lot. 

 

AS IS

All property is sold “as is” without any representations or warranties by SCP Auctions or the Consignor as to the merchantability, fitness for a particular purpose, the correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, provenance, exhibitions, literature, or historical relevance of any property and no statement anywhere, whether oral or written, whether made in the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, or elsewhere, shall be deemed such a warranty, representation, or assumption of liability.  SCP Auctions and the Consignor make no representations or warranties, express or implied, as to whether the purchaser acquires any copyrights, including but not limited to, any reproduction rights in any property.  SCP Auctions and the Consignor are not responsible for errors and omissions in the printed catalogue, on-line catalogue, or any supplemental material or in regards to the failure of the auction program to execute any bids on behalf of the bidder.