Auction No 169 - Prestige Philately

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Page: 6 Website: www.prestigephilately.com Nov 19, 2011 Prestige Philately - Public Auction Terms of Sale (amended as at 1 st March 2010: see in particular Paragraph 10 as to the unavailability of extensions to have perfins expertised) 1. AUCTIONEER: Prestige Philately Pty Ltd (Prestige), a company incorporated in the State of Victoria, is the auctioneer, and adheres to the standard terms of sale of the Australasian Philatelic Traders Association. 2. DESCRIPTIONS: We endeavour to describe lots fully and accurately. The description of a lot comprises 1) the codes to the left of the description (for details of our symbols and grading codes, see the previous page of this catalogue); 2) the description; and 3) any illustration of the lot or part of the lot whether in the printed catalogue or in our on-line catalogue. 3. ESTIMATES: The figure in the right-hand column following each lot description is our estimated value of the lot in Australian dollars. A bidder may bid at, above or below the estimate. Bids below the reserve price (usually 75% of the estimate) are unlikely to be accepted. If the term “Offer” appears in place of an estimate figure, there is no reserve. 4. BIDDING: Bids may be made to Prestige by mail, by fax, by e-mail, by phone, or from our website. Bids received by phone must be confirmed in writing. At public auctions, bids may also be made in person, by phone (by prior arrangement) or through an agent attending an auction. An agent must advise Prestige of the person(s) for whom bids are being submitted or else the agent will be personally liable for payment and delivery of any lots purchased. Prestige reserves the right to refuse any bid, or to refuse bids from any person, for any reason. In most cases, Prestige's bidding steps are as follows: $150 - 300 $10 rises $3000 - 5000 $200 rises $300 - 500 $20 rises $5000 - 10000 $250 rises $500 - 750 $25 rises $10000 - 15000 $500 rises Under $ 50 $2 rises $750 - 1500 $50 rises $15000 - 30000 $1000 rises $50 - 150 $5 rises $1500 - 3000 $100 rises over $30000 average of 5% rises Prestige reserves the right to raise or lower postal bids (depending on the bidder's apparent intention) to conform to these bidding steps. 5. TELEPHONE BIDDING: Bidding by telephone during the course of a public auction is permitted. However, clients wishing to use this service must contact Prestige at least 24 hours before the auction regarding the special conditions that apply. [To see these special conditions, go to www.prestigephilately.com from where the Telephone Bidding Terms can be read and downloaded.] 6. GOODS & SERVICES TAX (GST): Australian law requires that GST equal to 10% of the knock-down or sale price of a taxed lot shall be payable by the buyer, unless the taxed lot is exported to another country. Taxed lots are indicated in the catalogue by the estimate figure: being printed in bright green, followed by a small "T". GST equal to 10% of the amount of any fees or charges added by Prestige is also payable by Australian buyers. 7. BUYER: The buyer of a lot shall be the person to whom the lot is sold ("knocked-down") by Prestige. In the event of equal bids being received, the earliest such bid shall be successful. In the event of a bidding dispute, Prestige shall have absolute discretion in the settling of the dispute. A lot is at the buyer's risk once it has been sold ("knocked-down") but ownership (legal title) will not pass to the buyer until Prestige has received payment in full for the lot. 8. PAYMENT: Payment is due immediately a lot is sold, or immediately upon receipt of an invoice. In addition to the price for which a lot is sold, the buyer shall pay a premium of 15% of that price, plus any fees for postage packing and insurance or credit card use that are charged by Prestige, plus GST as appropriate. No buyer's premium is charged or payable in respect of on-line literature auctions. (Payment should always be made in Australian dollars. If payment is made in another currency the buyer shall add the equivalent of $A50 towards bank fees, any resulting credit being placed to the buyer's account.) In the event that the buyer does not make payment in full for the lot(s) within 30 days from the date of the invoice, Prestige shall have the right to exercise any one or more of the following rights and remedies: 1) To impose an accounting fee of $10 per month (or part thereof) plus compound interest at the rate of 2.5% per month (or part thereof) of the total amount outstanding; 2) To terminate the contract with the buyer, in which case any monies received from the buyer shall be forfeited to Prestige; 3) To terminate the contract and resell the lot(s) at any time - and impose a penalty commission rate of 30% - in which case any resulting shortfall, plus costs including accounting fees, interest, insurance and resale expenses, shall be met by the original buyer; 4) To apply any monies due at any time from Prestige to the buyer in payment of the outstanding amount; 5) To take legal action against the buyer for damages for breach of contract. 9. RETURN OF LOTS: A lot may be returned, within a reasonable time, only because of an error in the description: see clause 2 for the definition of "the description". A lot that has been inspected by the buyer or by the buyer's agent cannot be returned for any reason. A lot that is illustrated in the printed catalogue or the on-line catalogue or of which an illustration has been supplied to the buyer or to the buyer's agent cannot be returned for any reason that is apparent from the illustration. A lot expressed to be a "range", "group", "selection", "array", "collection"," accumulation" or similar, or any other lot containing more than 10 items - excepting sets of stamps - is always offered "as is" and cannot be returned for any reason. Similarly, other lots expressed to be offered "as is" cannot be returned. 10. "EXTENSIONS": A request for an extension to submit a lot to a recognised expert or expert committee for a Certificate of Authenticity must be made in writing prior to or on the day of the auction. Prestige shall have an absolute discretion not to grant an extension. [In particular, an extension will not normally be granted if the lot is offered with a recent Certificate of Authenticity or if the stamp(s) has/have perforated initials (perfins).] If an extension is granted, the buyer must make payment in full for the lot including the buyer's premium, in accordance with the terms of Paragraph 8. The amount paid including the buyer's premium will be refunded in full if the lot is returned with an acceptable "bad" Certificate. All costs associated with obtaining a certificate shall be borne by the buyer, unless the lot is found to be not as identified in the catalogue, in which case all costs associated with obtaining the Certificate shall be refunded to the buyer. A lot described as being defective in any way may not be returned should the Certificate obtained mention any fault not noted in the lot description. The buyer shall not be entitled to reject an item if the certificate includes any finding that does not materially affect the grading of the lot. Unless otherwise agreed, nomination of the appropriate expert or expert committee shall be made by Prestige, and Prestige will be responsible for submitting the lot to that expert or expert committee. Should Prestige agree to the buyer's nomination of an expert or expert committee, the extension granted will be for a period of no more than 90 days from the date of the auction. If a Certificate has not been obtained within 90 days from the date of the auction, the extension shall lapse and Prestige may thereafter refuse to accept the return of the lot. 11. GOVERNING LAW: These Terms of Sale shall be governed by and interpreted in accordance with the laws of the State of Victoria. 12. Submitting a bid by any method constitutes acknowledgment and acceptance of these Terms of Sale.
Nov 19, 2011 Prestige Philately - Auction No 169 Page: 7 Prestige's Country Index & Topical Cross-Reference Listing Cross Reference for Country and Regional Classification Antarctica: 107, 355, 521-523, 618 Argentina: 107 Australia, Commonwealth of: 1, 35, 37, 40, 46-47, 80-81, 84-95, 99-100, 106, 111-520, 524-525, 661, 734, 751-760, 807-875, 889-891, 899-920, 985, 1021 Australia, Commonwealth of - Other Pre-Decimals: 1, 120, 252-298 Australian Antarctic Territory: 59, 300, 305, 355-356, 396, 521-522 Australian Colonies - General: 46, 408-520 Austria: 609, 634, 742, 745, 1052 B.C.O.F. in Japan: 524-525 Bahawalpur: 105, 715-723, 889, 1021 Bahrain: 7 Bavaria: 623 Brazil: 388, 772 British Africa: 22 British Antarctic Territory: 521 British Guiana: 889, 1021 British Honduras: 5 British Levant: 41 British Post Offices In China: 1030 British West Indies: 22, 526-531 Brunei: 532-534, 1035, 1038 Burma: 22, 1024, 1035 Cambodia: 52 Canada: 535-537 Canada - Newfoundland: 8, 537 Cape of Good Hope: 3, 380, 990 Caroline Islands: 625, 627-637, 659, 663-664, 666 Ceylon: 101-102, 1027, 1032, 1035 China: 1, 17, 49, 96-97, 103, 109, 404, 538-582, 594-615, 638-652, 672, 699-707, 797, 1025-1027, 1029, 1031-1033, 1040-1042, 1044-1048, 1050-1056, 1075 China - Foreign Post Offices: 594-615 Christmas Island: 59 Cocos Islands: 59 Cook Islands: 43, 48, 616-617 Cook Islands - Penrhyn: 616 Decimals: 1, 37, 118, 120, 299-358 Dominica: 526 Falklands Dependencies: 521 Federated Malay States: 1064, 1066-1068 Fiji: 44, 619-620, 928, 930 France: 13, 40, 103, 434, 621, 738, 747, 992, 1000, 1031 French Community: 26, 64, 70, 621, 920, 1024, 1052 French Polynesia: 621 French Southern & Antarctic Territories: 521 Gambia: 622 German Colonies: 582, 624-675, 763-842 German States: 459, 623 Germany: 49, 523, 623-675, 742, 763-806, 1019 Germany - Occupied & Plebiscite Territories: 923 Ghana: 677 Gibraltar: 748 Gold Coast: 677 Great Britain: 11, 21, 31, 47, 60, 80-81, 98, 378, 392, 398, 459, 461, 678-697, 751, 753-755, 919, 1029 Great Britain - Channel Islands: 692 Great Britain - KGV Seahorses (including Overprints): 724, 755 Great Britain - Stamps: 691 Great Britain Stamps Overprinted: 41, 751-755 Greece: 698 Hong Kong: 109, 661, 699-707, 793, 1025, 1027-1029, 1032-1033, 1035, 1043, 1046, 1051, 1055, 1075 India: 5, 98, 708-723, 739, 741, 988-989, 1031, 1051 Indian States: 711, 713-714, 1027, 1032 Indian States: 713-723 Indo China: 1024 Iraq: 14 Ireland: 8, 38, 724 Israel: 21 Italy: 746 Jamaica: 5 Japan: 31, 109, 524-525, 627, 635, 725-728, 761, 783, 1030, 1033, 1043, 1058-1060 Japanese Occupation: 534, 637, 668-670, 872-875, 892, 1007, 1023-1026 Jordan: 14 Kangaroo Issues: 119, 123-201, 371, 383-384, 463, 834, 843, 1022 Kenya Uganda & Tanganyika: 3, 8, 729 KGV Issues: 113, 202-251, 371, 856, 1012, 1063 Korea: 1033, 1061 Labuan: 749, 892 Latin America: 21 Lord Howe Island: 382 Macau: 1030 Malaya: 110, 730-735, 1023, 1027-1029, 1032-1033, 1062, 1064-1068 Malaya: 892-898, 976-977, 980-981, 1035 Malaya - Johore: 732, 734 Malaya - Perak: 732 Malaysia: 735 Malta: 8 Manchuria/Manchukuo: 569-570 Marianas: 627, 653-659, 773 Marshall Islands: 628, 660-661, 663, 665-668, 833, 838 Mauritius: 750 Middle East: 21, 1027, 1032 Morocco Agencies: 41 Morton Bay District: 425-429 Nauru: 667, 751-760 Netherlands: 761 Netherlands Indies: 761 Netherlands Indies: 748, 761, 790 Netherlands New Guinea: 761 New Guinea: 762, 862-875 New Guinea: 43, 104, 762-875 New Guinea: 762, 807-842, 889, 1021 New Guinea - German: 629, 633, 763-842 New Guinea - North-West Pacific Islands: 762, 842-861 New Hebrides: 14, 43 New South Wales: 363, 386, 395, 402, 415-429, 435, 621, 695, 775, 794, 796 New Zealand: 11, 60, 386, 616-617, 673-675, 777, 876-888, 932-966, 968-972, 974-975, 1009 Nigeria: 9 Niue: 14, 616 Norfolk Island: 889-891, 1022 North Borneo: 892-898, 1033, 1038-1039, 1062 Northern Territory: 388, 1022 Norway: 381 Pakistan: 105, 711, 715-723 Palestine: 14, 23-24 Papua: 43-44, 899-917 Papua: 899-917 Papua New Guinea: 918-920 Philippines: 1026, 1069-1070 Pitcairn Islands: 921-922 Poland: 923-924 Portuguese Colonies: 26 Queensland: 378, 425-435, 772, 786, 889, 1021 Railway Stamps - Non-Government Issues: 414 Rhodesia: 7 Russia: 355, 582, 650, 788, 925 Sabah: 892-898 Samoa: 43, 48, 568, 671-675, 927-975 Sarawak: 892, 976-977, 1033, 1035, 1038, 1071-1073 Scotland: 695 Selangor: 732 Senegal: 649 Seychelles: 9, 978 Sierra Leone: 9, 979 Singapore: 49, 794, 800, 977, 1005, 1023 Solomon Islands: 44 Somaliland Protectorate (British): 988-989 South Africa: 398, 990-991, 1020 South Africa (Provinces): 990 South Australia: 264, 410, 436-466 South Australian Departmentals: 454, 456, 889, 1021 Spain: 748 Spanish Colonies: 1070 St. Helena: 54, 926 St. Lucia: 54 St. Vincent: 54 Straits Settlements: 110, 736-749, 980-981, 1005, 1063-1065, 1067-1068 Sudan: 3 Swaziland: 3 Switzerland: 992 Taiwan: 577-580, 583, 635, 1026 Tasmania: 100, 364, 408, 410, 467-477 Thailand: 993-1007, 1024, 1030-1031, 1033, 1074 Tibet: 581, 1047 Timor: 405 Tonga: 1008-1012 Trengganu: 732 Trieste: 745 Trinidad: 529 Trinidad & Tobago: 529 Tristan da Cunha: 381, 1013-1016 United States of America: 11, 21, 35, 47, 106, 380, 464, 594-615, 662, 701, 740, 744, 917, 1002, 1004, 1017-1019 Victoria: 363, 383-384, 387, 404, 410, 478-509, 992, 1036-1037 Western Australia: 264, 381, 401, 410, 510-520, 1022 Zululand: 9, 1020 Cross Reference for Thematic and Topical Classification Advertising: 357, 375-376, 492, 508, 711 Airlines: 760 Airlines - Imperial Airways: 39 Airmail Covers - Commercial: 404-405, 734, 917, 919-920, 976, 985 Airmail Covers - Flying Boats: 976 Airmail Issues: 385 Airmail Stamps: 15, 44, 51, 72, 263, 265, 289, 560, 564, 728, 761, 862, 864, 866-867, 870 Airmails - Jusqua Markings: 375 Albums & Accessories: 65, 74-79
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Auction No 169 - Prestige Philately

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