Terms & Conditions

1. Purchaser

The highest bidder shall be the purchaser. The auctioneer shall be the sole judge of who was the highest bidder.

2. Disputes

In the event of any dispute, the auctioneer shall have absolute discretion to settle the dispute and may resubmit the lot for sale by auction at the sale in progress or as soon as practicable thereafter.

3. Auction Contract

The purchaser and vendor authorise the auctioneer to sign on their behalf the sale books which, with these conditions, shall — except as otherwise provided by State or Federal law — constitute the whole contract between the purchaser and the vendor to the exclusion of everything else.

4. Withdrawal of Bids

Any bid acknowledged and relied upon by the auctioneer shall not be withdrawn.

5. Purchaser

5A — Registration before bidding. Every purchaser must, before making a bid at auction:

  • (a) complete and sign a registration form; and
  • (b) provide identification; and
  • (c) read and agree to the Terms and Conditions of Sale.

The auctioneer reserves the right to make credit checks on prospective purchasers.

5B — Purchaser to purchase as principal. The purchaser shall be deemed to purchase as principal unless, twenty-four (24) hours prior to the sale, they have disclosed to the auctioneer that they will be bidding on behalf of a principal, and shall supply:

  • (a) a duly completed registration form indicating the full name and address of their principal; and
  • (b) written and duly signed authority authorising them to bid on behalf of the disclosed principal.

The purchaser acknowledges that, notwithstanding the authority to act as agent, the purchaser will be personally responsible for all bids and payments.

6. Auctioneer's Rights

The auctioneer reserves the following rights:

  • (a) to accept or refuse any bid without having to state any reason;
  • (b) to withdraw from sale any lot described in the catalogue;
  • (c) to refuse any person admission to, or eject them from, the auction site;
  • (d) to keep secret the existence of a reserve price (if any) for a lot;
  • (e) to bid on behalf of any prospective purchaser or vendor, with or without disclosure;
  • (f) in the event that any lot is not sold at the auction, to offer and sell it immediately thereafter by private treaty.

7. Reserve Price

This auction sale is subject to the reserve price (if any) for each lot specified to the auctioneer by the vendor.

8. Details of Bidders

When called upon by the auctioneer, the purchaser shall give their full name and residential address.

9. Payment

  • (a) The purchaser will, if requested prior to the end of the sale, pay not less than 10 per cent and up to 100 per cent (as specified by the auctioneer) of the purchase price. In default, the lots so purchased may, at the auctioneer's discretion, be put up again and resold.
  • (b) Payment of the purchase price (and, where applicable, any part payment thereof) shall be made in cash or bank cheque. Any personal cheques accepted by the auctioneer will be cleared before delivery is made (unless prior arrangements have been made with the auctioneer). Payment may also be made by Amex, Visa or Mastercard; however, all credit card payments are subject to an additional service charge. Payment by foreign personal cheques or telegraphic transfers is subject to an additional charge of AUD 30. Drafts made out in Australian dollars are the preferred method of payment.
  • (c) Payment by international bank transfer must be made in Australian dollars only, and the amount that arrives in the Noble Numismatics Pty Ltd bank account must match the Australian dollar total on the invoice. An additional AUD 30 fee applies for all international bank transfers, payable by the purchaser.
  • (d) Subject to clause 21(j), any balance of the purchase price for a lot shall be paid by the purchaser to the auctioneer within five (5) days of the date of the auction, upon which the purchaser is required to take delivery of the lot. No delivery or collection is permitted until the purchase price has been paid in full, including all cheques cleared.
  • (e) Time, wherever mentioned, shall be of the essence.
  • (f) Where a purchaser fails to make payment in full within the time allowed for delivery and removal specified in the catalogue, the auction company or its agent reserves the right to charge a service fee on the unpaid balance of the purchaser's account, twenty-one days after the date of sale, at the rate of three per cent (3%) per month.

9A — Shipping.

  • (a) Within Australia: purchases will be mailed by Australia Post with signature on delivery, or by a freight carrier for bulky or heavy lots.
  • (b) International: lots will be sent by Registered Post unless requested otherwise. The tracking number will be emailed to the purchaser.
  • (c) Items are declared for customs as "Numismatic Specs". Bidders are responsible for ensuring they are aware of import restrictions and customs duties payable on entry into their country of residence before they bid. Noble Numismatics Pty Ltd is not responsible for delays in customs clearance or taxes payable. Lots will not be mailed to the following countries: Colombia, Lebanon, Philippines.
  • (d) Costs for shipping, insurance and packing will be added to the invoice.

10. Exclusion of Warranties

The auctioneer and the vendor make no warranties and give no guarantees other than any warranties implied by common law or by any State or Federal law, the exclusion of which would render this condition void or voidable, or which would constitute an offence by the auctioneer or the vendor.

All lots are available for inspection prior to the sale at the viewing time indicated in the catalogue. It is at all times assumed that the goods have been inspected. All lots are sold with all faults. No error or mis-description shall invalidate the sale, and the purchaser shall be bound to take delivery of the goods sold without allowance or abatement in price. Any deficiency in the quantity described shall not invalidate the sale. Neither the auctioneer nor the vendor shall be bound to deliver more than is in their possession.

All statements in the auction catalogue, advertisements or brochures for forthcoming sales are statements of opinion and are not to be relied on as statements or representations of fact. All intending bidders must satisfy themselves by inspection or otherwise as to the nature of the goods offered for sale.

No warranty shall be implied from any affirmation made at the time of sale or otherwise. Where an express guarantee or warranty (other than as aforesaid) is intended, it shall attach and be enforceable only if reduced to writing and signed by the vendor, or by the auctioneer as agent for the vendor.

11. Special Condition Regarding Fakes & Forgeries

Notwithstanding anything elsewhere herein contained, and with the exception of all numismatic items:

  • (a) if, within twenty-one days after the sale, the auctioneer has received from the purchaser notice in writing that, in the purchaser's view, the lot is a deliberate forgery or a deliberate fake; and
  • (b) if, within twenty-one days after the sale, the purchaser returns the lot to the auctioneer in the same condition as at the time of sale; and
  • (c) if the purchaser satisfies the auctioneer that, considered in the light of the entry in the auction catalogue, the lot is a deliberate forgery or a deliberate fake —

then, but not otherwise, the sale of the lot will be rescinded ab initio and the purchase price refunded to the purchaser. All numismatic items sold by the auctioneer are unconditionally guaranteed genuine unless described otherwise.

12. Knocked-Down Goods at Purchaser's Risk

  • (a) Each lot shall be at the purchaser's risk from the fall of the hammer.
  • (b) Neither the auctioneer nor the vendor shall be accountable for any deficiency, damage or loss which may arise after the auction.

13. Delivery & Removal

No lot shall be removed during the sale unless the auctioneer or catalogue specifies otherwise. No lot shall be removed without a clearance from the auctioneer. Subject to clause 9, delivery of all lots is to be taken and the goods removed by the purchaser within the time specified in the catalogue.

All removals shall be at the expense and risk of the purchaser. In such removal, the purchaser shall do no damage and shall forthwith make good any damage occasioned.

All lots must be paid for and removed within five (5) days of the date of the auction. Any lot, or part thereof, not so removed by the purchaser may thereafter be stored by the auctioneer. All costs incurred by the auctioneer in relation to such storage shall be immediately payable by the purchaser, and the auctioneer may sue for and recover the same as liquidated damages.

14. Ownership of Goods

Notwithstanding clause 12, ownership of lots sold shall not pass until payment in full of the purchase price (or, in the case of personal cheques accepted by the auctioneer, until clearance of the same).

15. Resale on Default

If the purchaser defaults in any of their obligations under these conditions, or if any cheque given on account of purchase is dishonoured, then any monies paid as deposit or part payment shall be absolutely forfeited, and the auctioneer shall be at liberty to sue the purchaser for damages and to resell the lot or lots in any manner (including sale by private contract) and upon such terms and conditions as they think proper.

16. Damages on Default

All losses, expenses and damages incurred by the vendor or auctioneer resulting from any resale pursuant to clause 15 shall be recoverable from the purchaser as liquidated damages.

17. Interpretation

  • (a) The headings of these clauses are for convenience only and do not form part of the context, nor is the context to be limited in any way by reference to such headings.
  • (b) "Auctioneer" means Noble Numismatics Pty Ltd, except that where the context so permits it shall include the person actually conducting the auction sale on behalf of Noble Numismatics Pty Ltd.
  • (c) "Vendor" includes each and every one of the owners of a subject lot and the person or company instructing the auctioneer to offer that lot for sale, and where more than one, jointly and severally.
  • (d) "Lot" means and includes any goods and items deposited with the auctioneer, whether on its premises or elsewhere, with a view to their sale by auction.
  • (e) A reference to the masculine gender includes a reference to the feminine gender.

18. Buyer's Premium

A buyer's premium of 20% will be added to the successful bid price and is payable by the purchaser as part of the total purchase price.

19. Australian Government GST (Goods & Services Tax)

A GST of 10% of the buyer's premium will be added to all accounts. That is, with a buyer's premium of 20%, the buyer will be required to pay an additional 2%, or a total of 22% on the hammer price.

20. Copyright

No part of the catalogue may be reproduced, stored in a retrieval system or transmitted in any form or by any means without the written consent of the auctioneer.

21. Postal, Facsimile and Online Bidders

  • (a) Bids may be made by post, facsimile or online transmission at least twenty-four (24) hours before the auction.
  • (b) Bids are recorded in the order they are received. Where two bids are received for the same amount, preference is given to the first bid received, subject to bids from the floor.
  • (c) Bids made by telephone must be confirmed in writing at least twenty-four (24) hours before the auction, as the auctioneer will not accept responsibility for mistakes.
  • (d) The auctioneer reserves the right to accept bids only from established purchasers, and to conduct credit or other reference checks on purchasers lodging a bid.
  • (e) All bids are handled in the strictest confidence.
  • (f) The auctioneer will normally increase the bidding in 10% increments. Postal, facsimile or online bidders must keep their bids to the nearest multiple of $10. Bids of $101 will be treated as $100, and similar odd amounts will be rounded up or down at the auctioneer's discretion.
  • (g) It is acknowledged that bids given are the maximum figure the bidder is prepared to pay for any lot, excluding buyer's premium and GST. Bids of under 60% of estimate will not be accepted.
  • (h) We accept a maximum spending limit including the buyer's commission and GST. All bids must be marked in the usual method and clearly state your maximum spending allowance.
  • (i) Bids on a choice of two items must clearly be marked on the bid form as either/or.
  • (j) Successful postal, facsimile or online bidders will be sent an invoice immediately following the auction, and settlement must be made within fourteen (14) days of receipt of the invoice.
  • (k) Lots will be forwarded by secure post or courier, and all costs incurred will be added to the invoice.

22. Online Bidders

  • (a) Bidders intending to absentee bid online must register at www.noble.com.au.
  • (b) By registering to bid with Noble Numismatics Pty Ltd, the bidder agrees to be bound by the Terms and Conditions of Sale as printed here.
  • (c) Registrations are processed for approval Monday to Friday, 9.30am–5.00pm (AEST/AEDT) only. No new registrations will be approved during the auction. All lots are subject to the minimum bid specified for each lot on the website.

Online absentee bidders. Online absentee bids may be placed by pre-approved bidders until the closing time specified on the website. Bidding progresses incrementally according to the current bidding level for each lot. Online absentee bids are placed as maximum bids, and bidding automatically increases up to the maximum when competing bids are submitted. Noble Numismatics Pty Ltd is not responsible for any errors, failure to execute bids or other miscommunication regarding online bidding. It is the bidder's responsibility to ensure the accuracy of information regarding bids, lot numbers and contact details.

Online live bidders. Online live bidding is available via Invaluable.com. Please note that lots purchased via Invaluable.com are subject to a 5% commission charge. Noble Numismatics Pty Ltd is not responsible for any interruption, error, delay or technical difficulty affecting the online live bidding service.

23. Disclaimer of Liability

The purchaser acknowledges:

  • (a) that the auctioneer accepts no responsibility for any errors or omissions;
  • (b) that they are solely responsible to check the bids;
  • (c) that bids lodged cannot be returned;
  • (d) that the auctioneer is not liable for any defaults of the purchaser or the vendor.

24. Notice

Any notice to be given:

  • (a) must be in writing; and
  • (b) if sent by post, shall be deemed to have been received by the addressee in the ordinary course of the mail.

25. Protection of Movable Cultural Heritage Act 1986

Buyers should be aware of the PMCH Act 1986, which protects Australia's heritage of movable cultural objects and supports foreign countries' rights to protect their heritage of movable cultural objects. The PMCH Act regulates the export of nationally significant heritage objects. It is not intended to restrict normal and legitimate trade in cultural property and does not affect an individual's right to own or sell objects within Australia. The PMCH Act was enacted in response to the 1970 UNESCO Convention on the Means of Prohibiting the Illicit Import, Export & Transfer of Ownership of Cultural Property. It is the responsibility of the buyer to ensure that the export of any lot purchased is not subject to, or in breach of, this Act.

26. Exporting of Significant Australian Cultural Heritage

The export of Australia's significant cultural property is regulated under the Protection of Movable Cultural Heritage Act 1986 (PMCH Act). It is not intended to restrict the normal and legitimate trade in cultural property and does not affect an individual's right to own or sell within Australia. The PMCH Act implements a system of export permits for certain cultural property defined as "Australian protected objects".

27. Information Policy

Collection.

  • We collect information on all parties to ensure secure transactions for all parties.
  • We collect the following personal information where provided by you: names, addresses, email addresses, and phone and facsimile numbers.

Usage. We use your information to:

  • (a) communicate with you — for example, in the event of a successful bid, or for our newsletter which you have subscribed to;
  • (b) improve the security of our services by preventing fraud and abuse;
  • (c) provide our services, as we use a third-party platform to conduct our auctions;
  • (d) help us develop and improve our services.

Management.

  • At any time, you can log in to your account and manage your personal information in our database.
  • You can also request that we remove your information from our database. However, due to the security measures for the protection of all parties, we will no longer be able to provide our services to you.
  • Your information is stored on private servers physically located in secure data centres.

Distribution.

  • We do not share your personal information outside of Noble Numismatics without your consent.
  • The only exceptions are when we have a reasonable belief that the information is required to: meet any legal requirement, law, regulation or government request; respond to regulatory authorities to resolve complaints, investigations or audits; enforce our terms and conditions, including investigations or advice regarding potential breaches; for accounting or audit purposes; prevent fraud or address security issues; or conduct legal proceedings for any breaches of our terms and conditions.