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

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How to Bid in our Mail Bid Sale

    Buying stamps and coins in a mail bid sale is fun and easy. American Coin and Stamp Brokerage Inc. WANTS YOU to be a successful bidder in it's sales. We are available to help you in any manner that we possibly can. Just give us a call on our TOLL-FREE line 1-800-682-2272 (It's our dime), or 516-546-2300 and ask us any questions that you have.

1) First look through the catalogue and circle the lots that you are interested in.


2) Then list the lots that you are interested in on the enclosed bid sheet. If more room is needed, please make a     copy of the bid sheet or use a separate piece of paper.


3) Simply list the prices that you want to pay, next to the lot number.


4) Determining the price that YOU want to pay for a lot can be difficult at best. Please keep in mind that mail     sales and auctions are how many DEALERS as well as COLLECTORS obtain stamps and coins. Our     sales are no exception. This catalogue is being sent out to more than 20,000 dealers and collectors alike.     With that in mind, here are some suggestions to help you be a successful bidder:

A) United States stamp catalog prices are from the 1998 edition of the Scott Catalog, or in     other cases, specialized catalogs for their relevant fields (Melone & Planty for 1st Day     Covers, etc.) The better the condition of the stamp,(centering & gum), the higher the     percentage of catalog that stamp will bring. Example: XF, OG, NH, stamp will probably bring     full catalog or better, while a stamp that is only FINE, with a heavy hinge will probably sell for     40%-60% of catalog value. If you like well centered "premium" stamps, bid accordingly.


B) Coin prices are based on current Coin World Trends and the Coin Dealer Newsletter (The     Grey Sheet, considered WHOLESALE dealer to dealer prices paid), or in the case of World     Coins, the Krause catalog. Mail bids for less than 75% of grey sheet price DO NOT stand a     chance of winning, because most dealers are willing to pay between  75-100% of grey sheet     prices for accurately graded material. As in the  case of "premium" stamps, quality coins bring     top prices.
C) Sport card prices in this catalog are collated from the most recent monthly Beckett Sport Cards     Price list or the current Standard Catalog of Baseball Cards by Krause. Prices listed are for     cards in MINT condition. Lesser grades will sell for appropriate percentages of the catalog     value. If you like razor-sharp "premium" cards, then please bid accordingly.
D) All lots are sold to the highest bidder at one(1) increment over the second highest bid. Winning     bids WILL be reduced to the appropriate amount by A.C.S.B., so if there is a lot that you really     want, please feel free to bid strongly as the winning bid will be reduced, if applicable. If there is     a lot that holds some interest to you, you could bid accordingly. EXAMPLE; A lot is valued at     $100.00, Bidder A puts a bid in for $85.00, Bidder B puts a bid in of $150.00. Bidder B would     win the lot at $87.00, NOT $150.00.

Examples from our previous Mail Bid Sales:

Lot # 6548 US stamp #233 * VF, OG, NH, fresh deep color.---cat. $65.00 sold for $70.00

Lot # 6581 US stamp #305 * F/VF, OG, LH, bright color.------cat. $60.00 sold for $45.00

Lot # 1099 US $1.00 1897-P MS-63, brilliant, frosty, popular.--cat. $65.00 sold for $65.00

Lot # 465 US 1/2 10 ct. 1871 XF-45 outstanding quality, nice.---cat.$16.75 sold for $17.50

Lot # 7736 US BU Roll of 1949-D cents, 50 coins, brilliant, nice.cat. $18.00 sold for $18.00

Lot # 8534 US Scott Amer. album couple 100 diff., EST. NET ----- $20.00 sold for $25.00

5) Read the terms of this sale CAREFULLY !!

6) If you want to limit the TOTAL AMOUNT OF YOUR WINNING BIDS, please fill in the appropriate area     on the bid sheet. A word to the wise, if you do not want to spend more then $500.00, then we recommended     that you bid on NO more than $1000.00 worth of material. That is of course, if you are bidding competitively.     If you're bidding low then you will need to bid on a lot more to reach your $500.00 limit. Please call with     questions, and we recommend you read point number 11, in Terms of Sale.


7) There are a number of different sections in this sale, including US coins, World coins, Ancient Coins, Artifacts,     Paper Money, Tokens & Medals, Sport Cards, Comic Books, US stamps, World stamps, Covers and large     lots. Take the time to look the entire catalog over. You never know where you will find something of interest     to you.


8) If you don't bid, you can't win!!


9) GOOD LUCK!!!

********* Special Notes: *********

OR Bids, are easy and will make your bidding much more successful. When only one of several similar lots are wanted, enter a bid on each lot and indicate "OR" between them. You will only win one of these lots.

To all our foreign bidders, we will ship via, the U.S. Postal Service insured mail, once the packages reach your country's boarder, we are not responsible for misdirected, lost, or damaged article.

ALL COIN & CARD LOTS ARE SEALED. IF OUR SEAL IS BROKEN, NO RETURNS WILL BE ACCEPTED FOR ANY REASON. SORRY BUT NO EXCEPTIONS.

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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