Earl P.L. Apfelbaum, Inc. | Four Generations Philatelic World

Public Auction

Bidding Information

Register to Bid Online

Computerized Phone Bids

Conditions of Sale

Abbreviations and Terminology


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Bidding Information

IT'S EASY TO BID AT APFELBAUMS
ONLINE

Send us a e-mail with your bids to bids@apfelbauminc.com.
BY MAIL
Just fill out the bid sheet & mail it, making sure that you allow enough time for it to arrive at our office prior to sale time.
BY FAX
Fax No. 267-763-0227... Quick & easy.
IN PERSON
Come to the sale. We welcome your attendance.
PHONE BID
Please click here to learn more about our Computerized Phone Bids.


Normal Bidding Increments

$1.00 to $30.00   $1.00
$30.00 to $50.00   $2.00
$50.00 t0 $100.00   $5.00
$100.00 to $250.00   $10.00
$250.00 to $750.00   $25.00
$750.00 to $1,500.00   $50.00
$1,500.00 to $2,500.00   $100.00
$2,500.00 to $5,000.00   $250.00
$5,000.00 or Over   $500.00


SUGGESTED BIDS
" Suggested Bids" are used where cataloging a collection would prove too time consuming or where unusual specialty items are present. Such "Suggested Bids" represent our estimate of the fair wholesale value of a lot, usually between 10% & 20% of catalog.

START BIDS
This is the price at which a lot would open as of this morning. Start bids frequently change as a result of additional bids, cancellation of bids, change in instructions on owner's reserves and the execution of "limited" or "or" bids at sale time. Start bids are frequently lowered at the time of the sale.

"LIMITED" & "OR" BIDS
Bidders may maximize their bidding efficiency by using either "limited" or "or' bids. A customer may limit his bid sheet by writing at the bottom: "Please limit my purchases to (a specified amount)". This allows the bidder to bid on as many lots that may be of interest to him but not to exceed his collecting budget. "Or" bids are where a collector may bid on any number of similar lots and be assured that they will only get one. Simply write "or" between the bids and the amount that you are prepared to bid. If bidding online at StampAuctionNetwork, and want to place "OR" bids, please follow these directions: In many cases, you may want to bid on one or more items, yet if successful, only win one of them. OR Bidding allows you to do this. You indicate an OR bid by placing the same identifier (usually a letter) in the OR input box for each bid that comprises the OR bid group. For instance if you wanted to win either Lot 23 or 24 but not both, you might enter "A" in the OR input box for each of the lots 23 and 24. You may make an OR group bid on as many lots as desired. If you need more groups, use another letter, for instance use "B" to enter an OR bid on lots 30, 31, and 35. OR bids are generally executed in Lot number order. WE ARE NOT ABLE TO TAKE LIMITED BIDS VIA STAMPAUCTIONNETWORK. Please call us with your instructions.

AUCTION RESULTS
You may obtain the auction results, usually within several hours after the completion of the sale via our computerized Phone Bid system at 1-800-85-4-BIDS 24 hours a day, or call 9:00 A.M. - 5:00 P.M. (EST) at our office 1-800-523-4648. Auction results for StampAuctionNetwork: "Pending Final Auction Results" If your bid is in Green and there is a "Pending Final Auction Results" message, it means that you were the high bidder when the auction was closed to Internet bidding. SAN is waiting for the auction firm to post prices realized before it can notify you whether you won or lost the lot in question. Bid amounts in Red indicate either that you are not the high bidder or that SAN can not determine whether or not you are the high bidder. Until the auction firm posts prices realized, SAN can not be certain whether you have won the lot or not. Other high bids could have dropped due to limit or "OR" bids. Floor bidders can beat out SAN bidders. In some cases, busy auction firms do not get last minute bids entered via SAN. When prices realized are posted, most auction firms post the identity of the winner bidder internally to SAN so that SAN can correctly identify you as the winning bidder. When SAN can not determine absolutely that you are the winner, it will still show in red.

AND MOST IMPORTANT
ALWAYS REMEMBER THAT ONLY APFELBAUM AUCTIONS GUARANTEE YOUR SATISFACTION. BID WITH CONFIDENCE. ANY LOT NOT AS DESCRIBED CAN BE RETURNED WITHIN 10 DAYS OF RECEIPT.

MASTER CARD, VISA & DISCOVER
Will gladly be accepted for payment as will your check or money order.

HAMMER PRICES
If you require hammer prices, please send a #10 (legal size) self-addressed stamped envelope (60c). Write the sale number of the Auction on the outside of the stamped envelope (One request per envelope).



Postage and Handling

Shipments up to $100.00   $6.00
$100.00 to $500.00   $12.00
$500.00 to $1,000.00   $18.00
Over $1,000.00   $24.00

Extra postage charges will be added for all shipped multi-carton/heavy lots and overseas shipments.

This firm is a subscriber to the ASDA code of ethics for auction firms.
THE BUYER'S COMMISSION FOR PUBLIC AUCTION IS 18%.



© 2006 Earl P.L. Apfelbaum, Inc.

The Pavilion, 261 Old York Road, Suite 831 Jenkintown, Pennsylvania 19046     267-763-0216     800-523-4648