How to Bid in our Mail Bid Sale - American Coin & Stamp Brokerage - www.ACSB.com

Coin Collector's University is brought to you by American Coin & Stamp Brokerage.

Coin Collector's University is brought to you by American Coin & Stamp Brokerage.

An Introduction & Guide to Coin Collecting

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HOW TO ENJOY A MAIL BID SALE EXPERIENCE
(For 1st time bidders & new clients)

* Please assume that we are honest, caring, forthright, & friendly, because we ARE!! ACSB INC.is more         than 17 years old, and we have more than 100 years combined experience in the field. We treat ALL our         clients fairly.


* The following is a short list of do's & don'ts to help YOU to enjoy our Mail Bid Sales to the fullest.

DO's

1) Please ask US questions!!! Chances are we know the answers. Really!! (Our Experience counts for         something.) If we don't know the answer, we won't BS you, we WILL obtain it for you. Our library         contains more than 1000 volumes, and is loaded with pertinent information impatiently waiting to be         disseminated. "There are NO stupid questions, only stupid answers."


2) Please ask advice!!! From friends, collectors, investors, dealers, ACSB, or fellow countrymen. Advice is         free, and probably will not hurt you. (We don't bite, but we can't vouch for your friends,etc.!!)


3) If you need a better description of a lot, PLEASE call us an ask. We know it is difficult to get an accurate         idea of a lot  from a 1 or 2 line listing, especially if the lot is a large lot. However, we are more than willing         to "pull out" the lot and give you an item by item report.


4) Please double & triple check your bids. A bidding mistake could deprive another collector from obtaining         an item he/she might have been searching long and hard for.


5) Please include your daytime & evening telephone numbers. We promise not to call you to solicit for         anything, nor will we EVER sell your name to another company or mailing list, however, sometimes         occasions will arise when we need to be able to contact you. (such as a mistake in bidding).


6) Please search through the whole catalog. It is split into sections for our & hopefully your convenience. You         never know what might interest you.

DON'TS

1) Please don't bid below melt value for gold & silver coins, or below face value for others. We have a great         sense of humor, and laugh like the dickens when we receive those types of bids, but you have NO chance         of winning.


2) For US coins, don't bid 50% of current grey sheet. We laugh, but you lose!!


3) Do not bid "out of increment" by adding .01 or other odd amounts to your bids as this only LESSENS your         chance of winning by forcing us to reduce your bids to their proper level, and then entering them last. (A real         double whammy.)


4) Don't limit your winnings to $300.00 and then proceed to bid on $100,000.00 worth of lots (Sad, but a true         story). Nothing creates more work for us than limit bidders who bid on substantially to much material Bid         approximately twice your limit dollar amount. If you have questions, please call us!!


5) Don't ask us to "cheat" for you.

        A) Don't ask us "How much is the current high bid?" Instead ask "If I bid $10.00, will I currently be the highest bid?"                          (Trust us, there is a difference!) We try to be fair to everybody.
        B) Don't ask us to outright sell you a lot. (The answer will be NO.)

6) Don't ask for your winning lots to be sent "On approval" for your inspection.


7) Please don't call to ask what lots you won until 7 days after the closing date of the sale. As we average over         1000 bidders per sale, if we spend just 5 minutes with each bidder while we are trying to "break down" the         sale, that's 2 weeks worth of time.


8) Please do not bid on a lot if you have no intention of paying for it. This deprives another collector from         obtaining an item he/she might have been searching long and hard for. It will also ruin your personal credit         rating, as we pursue collections of our bidders to the "hilt."


9) Don't bid $1.00 for a $50.00 lot with the hope & prayer that "if no one else bids on this lot...", because we         reserve to right to refuse any bids, and we will protect our consignors against ridiculous bids.

Richard, Allen, Mark
American Coin & Stamp Brokerage Inc.
30 Merrick Avenue
Merrick, New York 11566

(516) 546-2300 * 1-800-682-2272 * Fax# (516) 546-2315

Coins & Collecting Supplies       Get a FREE Mail Bid Sale Catalog        View Our Catalog On-line        ACSB Home Page

Coin Collector's University is brought to you by American Coin & Stamp Brokerage.

About Coin Collector's University

Coin Collector's University was created by the Numismatists & coin enthusiasts at American Coin & Stamp Brokerage. Our goal is to help answer the most commonly asked questions about coin collecting. We understand the more you know about coin collecting the more rewarding & enjoyable it will be. We understand because coin collecting is not only our business, it's our passion.

-- Rich, Allen, Mark
& the staff at ACSB

Coin Collector's University is brought to you by American Coin & Stamp Brokerage.

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