COIN AUCTION TERMS & CONDITIONS

U.S. Bankruptcy Court – Case No. 25-10889

Online Only Auction – March 18–20

By registering, bidding, or purchasing in this auction, Bidder agrees to all terms below.

1. BUYER’S PREMIUM

A 15% Buyer’s Premium will be added to the final hammer price of each lot.

The Buyer’s Premium becomes part of the total purchase price.

2. PAYMENT TERMS

Full settlement is due immediately following the close of the auction.

Accepted forms of payment:

Credit or Debit Card (3% convenience fee applies) will only be accepted on invoices totaling $500 or less.
Wire Transfer ($25 wire fee applies) must be paid for invoices higher than $500.

All credit cards on file will be charged immediately following the auction if your invoice is less than $500.

No items will be released until payment is made in full.

Buyer agrees they will not initiate a chargeback for any reason.

3. SALES TAX

Sales tax will be collected on the final bid price plus buyer’s premium where applicable.

Dealers purchasing for resale must provide a valid resale certificate at time of payment.

4. ALL SALES ARE FINAL

All items are sold one time to the highest bidder.

When the auctioneer declares “Sold,” ownership transfers to the bidder.

All items are sold AS IS – WHERE IS – WITH ALL FAULTS.

No refunds.

No returns.

No exchanges.

No chargebacks.

5. COIN & NUMISMATIC DISCLAIMERS

All coins, bullion, medals, currency, and numismatic items are sold without warranty of any kind.

While descriptions, dates, mint marks, certification numbers, and grades are believed to be accurate, Bonnette Auction Company, LLC makes no guarantee of authenticity, grade, condition, attribution, rarity, metal content, or value.

Grading is subjective and may vary among professionals.

Certified coins are sold based solely on the opinion of the third-party grading service.

Bonnette Auction Company makes no independent warranty regarding third-party grading opinions.

Raw coins (not encapsulated) are sold strictly as presented.

It is the sole responsibility of the bidder to determine authenticity, condition, and value prior to bidding.

While every effort has been made to accurately describe the coins offered in this auction, all descriptions including date, mint mark, grade, variety, metal content, and attribution are provided for reference only and are not guaranteed.

6. BANKRUPTCY SALE DISCLOSURE

This auction is conducted pursuant to U.S. Bankruptcy Court Case No. 25-10889.

Bonnette Auction Company conveys only such right, title, and interest as held by the bankruptcy estate.

No additional warranties are expressed or implied.

7. INTERNET BIDDING DISCLAIMER

Bonnette Auction Company provides online bidding as a service.

We are not responsible for:

Internet outages
Software failures
Missed bids
System delays

If internet bidding fails for any reason, Bidder agrees they have no claim against the Auction Company.

Bidders are encouraged to place maximum proxy bids in advance.

8. LOT WITHDRAWAL / CATALOG CHANGES

Bonnette Auction Company reserves the right to:

Withdraw lots
Re-catalog items
Correct errors
Cancel, suspend, or extend bidding

No bidder shall have any claim for damages due to such actions.

9. RESPONSIBILITY FOR ITEMS

Upon declaration of “Sold,” the item becomes the sole responsibility of the purchaser.

The Auction Company assumes no responsibility for loss, theft, or damage after the lot is sold.

10. INDEMNIFICATION

By participating in this auction, Bidder agrees to indemnify and hold harmless Bonnette Auction Company, LLC, the Seller, and the Bankruptcy Estate from any and all claims, damages, or liabilities arising from the purchase or ownership of any item.

11. NO WARRANTIES

NO WARRANTY, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, IS MADE EXCEPT FOR WARRANTY OF TITLE.

12. CHANGES IN CIRCUMSTANCE

All aspects of this auction are subject to change without notice. The Auctioneer reserves the right to – at any time and in the Auctioneer's sole and absolute discretion – (a) add or remove items from the auction, (b) split or combine lots, (c) add minimum bids or reserve prices, (d) cancel, suspend, extend, or reschedule the sale of an individual item, lot, auction, and/or auction event, (e) make changes to the auction's closing, inspection, or removal times, (f) reopen the bidding in its sole and absolute discretion, or (g) take any other action the Auctioneer deems necessary to effect the fair conduct of this sale or protection of buyers', sellers', or other parties' interests.

Seller Withdrawal: In the event a seller withdraws an item from this auction prior to the close of the auction, the Auctioneer may leave the item on the catalog and buy the item back on behalf of the seller to establish the Auctioneer's earned commission and the buyer's premium due to the Auctioneer from the seller.

Coins that are being shipped will only be shipped to the address of the credit card you registered with.

Soft Close Auction: This is a soft close auction which means that any bids placed in the final minutes will add additional time to the clock. This process will be repeated until no bids are placed in an extended period. This process gives everyone adequate time to decide if they would like to bid again and eliminates someone losing the bid because a bid was placed in the final moments of the clock. If the extensions are "Extend one, Extend All", any bids placed in the final minutes on any item will extend the clock on all items in the auction and will continue to do so until no bids are placed in the extended periods. Any advertisements or postings that refer to auction closing time are referring to an approximate time that the auction will begin closing. Auctioneer reserves the right to alter closing times, start times, extension periods, extend one-extend all and all other matters as to the process and details of the auction.

Buyer is responsible for UPS shipping charges + $10 per box fee. Bonnette Auction Co. provides shipping on items sold if they can shipped via UPS. In order to save on shipping costs, we package in house. Bonnette Auction Co. charges a nominal packaging fee to cover the costs of materials and labor. Insurance is required on all packages shipped and we WILL NOT SHIP WITHOUT INSURANCE. Buyer can choose to use a third party shipper to pickup, package and ship their items but Bonnette Auction Co. will not responsible for any actions of the third party.

Special Terms: Bonnette Auction Co. nor the consignors are responsible for any misinformation pertaining to grades and bidders agree that they are not relying on this information to purchase or bid. All property is sold AS IS, and ALL SALES ARE FINAL-NO REFUNDS OR EXCHANGES. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Bonnette Auction Co. may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall Bonnette Auction Co. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Bonnette Auction Co. shall endeavor to describe in detail each item and any pertinent information about it. Bonnette Auction Co. will not be responsible for any errors or omissions in the description of the merchandise. Bidder agrees that everything is sold as is and that they may not return any item they purchase.

Completed AuctionsView Current Auctions