NEW Buyer's Premium: Please remember there is a 15.0% Buyer's Premium. For example, should you win a lot for $1000, your actual cost will be $1150 (plus shipping, insurance and tax, if applicable). Minnimum Starting Bids: MnM Sportscards believes a good auction features quality material at reasonable starting bids. The majority of the minimum bids in our auctions are extremely below what the item is actually worth. The purpose of the minimum bids in all of our auctions is simple, to limit bidding to only those bidders who are sincerely interested in an item and to ensure that all lots have a greater possibility to be sold. The 15 Minute Rule - How The Auction Ends: You must place an initial bid on an item before 9:00 PM Eastern Standard Time on auction closing day to be eligible to bid on that item during the extended bidding period that starts at 10:00 PM. If you are the only bidder on a given lot at 9:00 PM then that lot is automatically yours and you are declared the winner. At 10:00 PM Eastern Standard Time, the 15 Minute Rule starts and EACH lot will close individually after that lot goes 15 minutes with no new bids. Whenever a new bid is placed, the 15-minute timer will be reset and the countdown will restart. If you are the current high bidder on a lot and you change your ceiling bid after 10:00 PM, this will not extend the bidding time, only a bid placed by another bidder or a higher "straight bid" placed by the current high bidder will reset the ending time on that lot. This rule provides all bidders the opportunity to bid on the lots they are eligible to bid on without getting "sniped" due to time constraints. Payment Of Invoices: On the Monday following the auction invoices will be sent to all winning bidders by email and US Mail, unless you request not to receive invoices via email. Please do not call or email our office regarding invoices prior to this date. Please remember that all invoices must be paid within two weeks of the invoice date. This term of sale is very important as prompt payment of auction invoices is essential both to an orderly reconciliation of the auction and timely consignor payments. Please call to prearrange any other type of payment. Any bidder who has not paid in full without having made prior arrangements for late payment will have future bidding privileges revoked. We accept personal checks. Checks are held until funds are collected which can take up to 10 business days; it generally take 3-4 business days after funds have been collected before shipment will occur. We also accept cashier's checks, certified checks, money orders or wire transfers. These forms of payment are registered immediately and shipment of items occurs up to 3-4 days after posting. We thank you in advance for your cooperation. No Credit Cards Accepted For Payment of auction items. We reserve the right to charge interest on past due unpaid balances at 1.5% per month until paid. |
Terms and Conditions of Sale 1. Items are sold to the highest bidder.
2. You must place an initial bid on an item before 9:00 PM Eastern Standard Time on auction closing day to be eligible to bid on that item during the extended bidding period that starts at 10:00 PM. If you are the only bidder on a given lot at 9:00 PM then that lot is automatically closed out and you are declared the winner. At 10:00 PM Eastern Standard Time, the 15 Minute Rule starts and EACH lot will close individually after that lot goes 15 minutes with no new bids. Whenever a new bid is placed, the 15-minute timer will be reset and the 15 minute countdown will restart. If you are the current high bidder on a lot and you change your ceiling bid after 10:00 PM, this will not extend the bidding time, only a bid placed by another bidder or a higher "straight bid" placed by the current high bidder will reset the ending time on that lot. This rule provides all bidders the opportunity to bid on the lots they are eligible to bid on without getting "sniped" due to time constraints. 3. All bidders must register to obtain an account one day prior to the closing date of the auction to be eligible to bid in the current auction. Once you obtain a Username and Password, these will be your Username and Password for all future M n M Sportscards Auctions, unless you change them. If you have bid with us before and cannot remember your bidder number, username or password or are not sure if you have an account with us, please email info@mnmsportscards.com to find out.
4. All new registrants will need a valid Master Card or Visa (used only to verify your identity). We reserve the right in our sole discretion to refuse to register a bidder or to refuse to accept bids from anyone.
5. To top a bid, you must bid at least the next highest bid amount that is shown on the web site. All valid bid increments are displayed on the site using the values shown in the table below. There are absolutely no exceptions to the raise amounts. Placing a bid constitutes acceptance of the terms of sale as outlined herein. Current (real-time) bid status is available on our website with all lot listings and on the price grid.
| Bid Range | Increments | | $100 to $499 | $25 | | $500 to $999 | $50 | | $1,000 to $2,499 | $100 | | $2,500 to $4,999 | $250 | | $5,000 to $9,999 | $500 | | $10,000 to $24,999 | $1,000 | | $25,000 to $99,999 | $2,500 | | $100,000 to $249,999 | $5,000 | | $250,000 to $499,999 | $10,000 | | $500,000 to $999,999 | $25,000 | | $1,000,000 And Above | $50,000 |
| During Live Auctions, bid increments over $100,000 will be at the discretion of the auctioneer. |
6. Subject to exceptions relating to credit considerations, all qualified bidders in good standing are eligible to bid on any lot in the auction. Employees, executives and principals of MnM Sportscards, LLC are not eligible to bid in the auctions..
7. Offers to "top all other bids" are not accepted, but you may place a "Max" bid (also known as "Up To," "Ceiling," or "Limit" bid) and the system will automatically bid on your behalf up to that amount only if and when necessary. In the event of a tie bid, the earlier received bid will be recognized as the successful bid. (See Max Bids section of the Guide for Prospective Bidders, which follows these rules).
8. All material is guaranteed genuine; we offer no reproductions unless explicitly stated. For more information about authenticity, see A Word About Authenticity at the bottom of this page.
9. Pennsylvania State sales tax is charged on any purchases collected, delivered in, or shipped to Pennsyylvania unless the purchaser has provided MnM Sportscards with a valid sales tax exemption certificate issued by the State of Pennsylvania.
10. A 15.0% buyers premium will be added to all winning bids. For example, should you win a lot for $1,000, your actual cost will be $1,150.00 (plus shipping, insurance and tax, if applicable).
11. Grading and condition of lots: There is a subjectivity to grading, especially the grading of cards. Every effort is made to verify the condition of each lot as it is described. We do not accept for auction any lots without careful scrutiny by not only ourselves, but, when necessary, by other leading authenticators. We cannot guarantee that every card described by us will in all cases receive exactly the same grade or even be accepted for grading by any third party grading service. No warranty, whether expressed or implied, is made with respect to any grade, condition, or other adjectival descriptions, which can and do vary, even among experts. Furthermore, we are not bound by the opinions of any authenticators, grading services, or "experts", nor do the rules governing auctions held in any of the "trade papers" or magazines in which we may advertise hold precedence over the above listed rules. All measurements are approximate.
12. No retractions of bids are permitted. Once a bid has been placed, it may not be retracted.
13. All Sales Are Final. No Returns Are Accepted.
14. In no event will MnM Sportscards' liability to a purchaser exceed the purchase price actually paid for any lot. MnM Sportscards, LLC reserves the right to accept or reject any or all bids by any bidder. MnM Sportscards, LLC reserves the right to postpone or delay the auction, for a reasonable period of time, due to any significant, relevant event which, in the sole discretion of the auctioneer, makes it inadvisable to hold the auction as scheduled, without recourse from any bidder or prospective bidder.
15. Although MnM Sportscards employees, executives and principals are prohibited from bidding in the auction, from time to time they will own items that are consigned to the auction. In those cases (1) It will be clearly disclosed and (2) On these particular items customers will have a 7 days "no questions asked" return policy.
16. Title to any lot remains with the consignor or MnM Sportscards, LLC. and shall not pass to the successful bidder until the lot is actually paid for in full.
17. Payment is due within 14 days of the date of the invoice. Invoices will be mailed on or before THE MONDAY FOLLOWING THE AUCTION. Any bidder who has not paid in full without having made prior arrangements for late payment will have future bidding privileges revoked. We accept personal checks. Personal checks are held for 10 business days (no exceptions) before the are deemed cleared; it can take an additional 3-4 business days after funds have been collected before shipment occurs. We also accept cashier's checks, certified checks, money orders or wire transfers. These forms of payment are registered immediately and shipment of items generally occurs 3-4 days after posting. No credit cards accepted. We reserve the right to charge interest on past due unpaid balances at 1.5% per month until paid.
18. Placing a bid constitutes express acceptance of all terms and provisions contained in these Conditions of Sale. In the event of a dispute, the bidder agrees to pay all of the auctioneer's reasonable attorney's fees and cost involved in collection of funds, plus 1.5% interest per month on any unpaid balance, accruing from the original due date, until the date all balances are paid. The jurisdiction for all litigation shall be in the State of Pennsylvania, County of Chester or the Federal District Court of Pennsylvania at the discretion of the auctioneer. Bidder hereby consents to the jurisdiction of Pennsylvania. Each term and provision of these Conditions of Sale shall be construed as separate and distinct. In the event that any such term or provision shall be held whole by a court of competent jurisdiction to be invalid, in whole or in part, the remaining terms and provisions shall survive and be binding on both parties.
19. If a winning bidder does not honor his or her bid with payment in full per the auction rules, then it is agreed that MnM Sportscards, LLC may, at its sole discretion, sell the given item(s) to an under -bidder, or re-offer the given lot(s) in a future auction, and that the original winning bidder is responsible for any losses incurred or service charges involved in the sale of said item(s), and that the non-paying winning bidder explicitly agrees to pay any and all reasonable legal fees incurred by M n M Sportscards in the collection of these losses and/or service charges from the non-paying winning bidder if necessary.
|
Guide for Prospective Bidders | Placing Bids in Internet-Catalog Auctions We strongly urge bidders to place initial bids early. Bids are welcomed and encouraged before the closing date of the auction. Most bidders choose to place their initial bids days before the closing dates. Please remember that if you have not bid on an item before 9:00 PM Eastern Standard time on the day the item closes, you cannot bid on it after 9:00 PM. There are No Exceptions to this rule. Because of this rule, if you are the only bidder on a given lot at 9:00 PM then that lot is automatically closed out and you are declared the winner. If at 9:00 PM you are the high bidder on a given lot, which has also received bids by other bidders, then there can still be further bidding on that lot after 10:00 PM, But only by you and the others who have previously bid on that lot.
Bid Notifications Via Email You will receive bid confirmations and outbid notifications via e-mail on every item for which you are bidding, except when you are immediately outbid upon placing your bid due to an existing higher ceiling bid. In this case you will be notified on your computer screen. It has been our experience that many Internet service providers (AOL in particular) and email programs will randomly identify these e-mails as spam and will delete them or delay delivery. As this is out of our control, we are unable to rectify this issue. As a result, we strongly recommend users track their bids as we cannot guarantee timely delivery of the notification e-mails through many ISPs.
"Max Bids" (Up To, Ceiling or Limit Bids) "Max Bids" (sometimes called UP TO, CEILING or LIMIT BIDS) are an option. When placing such a bid you are instructing M n M Sportscards, LLC to competitively bid on your behalf up to, but not over, a given limit. Such bids must be calculated in the appropriate increments for the item based on its current bid. The website automatically displays these increments for you. Please note that the "Up To" bid increments that will appear for an item will skip an increment to prevent a bidder from occupying two consecutive bids. For example, if a bid is placed of $100, the first available "Up To" bid will be $120, skipping $110, as an increment must be left available for another bidder to enter his bid. The bidding system will automatically execute "Up To" bids within seconds after a bid with an "Up To" has been topped. Remember, all bids must comply with the minimum bid raise rule. "Straight" Bids Bidders may place a "Straight" or "Absolute" bid on a lot. A "Straight" bid is defined as a bid placed at a level higher than the current next incremental bid. All straight bids must be placed in appropriate increments for the specific lots to which they apply. In the event of tie bids, the earlier received bid will take precedence. This is especially significant with reference to "Straight" bids because if a "Straight" bid is placed at a higher than normal incremental increase on an item on which another bidder has left an "Up To" bid, such "Up To" bid will have priority. For example, if a lot is bid at $100 by Bidder A with an "Up To" of $120, and Bidder B attempts to top the current high bid of $100 with a "Straight" bid of $120, then Bidder A's "Up To" will automatically be executed and Bidder A will be the high bid at $120. Bidder B will be informed that he is not the high bidder at $120, and that the next bidding increment is $130. In this way, the bidding process can accommodate bidders wishing to place "Straight" bids while not compromising the bidding strategies of "Up To" bidders. Lot Ownership Disclosure In the spirit of full disclosure, the following lots are owned by the auction house, an auction house employee, or a related party of the auction house: Auction Results Full results of the auction will be available following the close of the auction on our website at www.mnmsportscards.com. Auction results will also be mailed upon request to anyone sending a self-addressed stamped envelope. Complete auction results will be mailed to all winning bidders upon request. | | | Authenticity
MnM Sportscards, LLC stands behind the authenticity of the items in the company's auctions, and we attempt to make every effort to offer genuine material-all of which has been evaluated and authenticated by the leading experts in the hobby. Because of the due diligence we perform, it is our firm policy that the sale of any lot accompanied by a Letter of Authenticity will be considered final. All lots are available for viewing prior to the auction. ALL AUTOGRAPH AND GAME USED EQUIPMENT SALES ARE FINAL.
PLEASE NOTE: All lot-description references to PSA Population Reports, PSA SMR values, and PSA Set Registry rankings are accurate at the time the catalogue description is composed: bidders should be advised that this information is always subject to change. M n M Sportscards will not accept returned items based on apparent discrepancies in information cited from these sources.
MnM Sportscards, LLC 873 East Baltimore Pike Suite 463 Kennett Square, PA 19348 (484) 678-5854
|
|