Terms & Conditions

 

Terms of Service

These Terms of Service (“Terms”) govern your access to and use of the https://collectorinvestorauctions.com and https://bid.collectorinvestorauctions.com websites (collectively, the “Website”). The Website is owned and operated by Collector Investor Auctions LLC d/b/a CIA (“CIA”, “us”, “we”, or “our”).

We reserve the right to change these Terms from time to time with or without notice to you. You acknowledge and agree that it is your responsibility to periodically review this webpage and these Terms. Your continued use of the Website after such modifications will constitute acknowledgement and acceptance of the modified Terms.

Please also review our privacy policies.

BY USING THIS WEBSITE, YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS, PLEASE EXIT OUR WEBSITE.

Services

Our Website provides an auction service where users can place bids on items posted to this Website and offered during our Auctions. While we seek to prevent any interruptions or outages of our service, you understand and agree that temporary interruptions of the Website may occur as normal events that are out of our control. We assume no responsibility for any interruptions or outages that may occur.

Third-Party Websites and Information

This website may redirect or link to other websites on the Internet, or may otherwise include references to information, products or services made available by unaffiliated third parties. From time to time, such websites may contain information, material or policies that some may find inappropriate or personally objectionable. You understand that we are not responsible for the accuracy, completeness or decency of content hosted by third party websites, nor are we responsible for errors or omissions in any references made on those websites. The inclusion of such link or reference is provided merely as a convenience and does not imply endorsement of, or an association with, the third-party website.

Ownership of Content

By accepting these Terms, you agree that all content presented to you on this Website is protected by any and all intellectual property and or other proprietary rights available within the United States, and is our sole property.

Registration

In order to access some of the services on this Website, you may be asked to set up an account and password. Our account registration page requests certain personal information from you, including but not limited to, name, address and contact information (“Registration Info”). You will have the ability to maintain and periodically update your Registration Info as you see fit. By registering, you agree that all information provided by you as Registration Info is true and accurate and that you will maintain and update this information as required in order to keep it current, complete and accurate. Furthermore, if you register for an account on our Website, you agree that you are responsible for maintaining the security and confidentiality of your password, and that you are fully responsible for all activities or charges that are incurred under your account. Therefore, you must take steps to ensure that others do not gain access to your password and account.

Disclaimer

ALL CONTENT AND SERVICES ON THIS WEBSITE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR THE WARRANTY OF NON-INFRINGEMENT. WITHOUT LIMITING THE FOREGOING, WE MAKE NO WARRANTY THAT THE CONTENT, SERVICES OR WEBSITE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. THIS WEBSITE COULD INCLUDE TECHNICAL OR OTHER MISTAKES, INACCURACIES OR TYPOGRAPHICAL ERRORS. WE MAY MAKE CHANGES TO THE CONTENT AND SERVICES AT THIS SITE, INCLUDING THE DESCRIPTIONS OF ANY PRODUCTS OFFERED THROUGH ANY AUCTION AT ANY TIME WITHOUT NOTICE.

Limitation of Liability and Indemnification

Your exclusive remedy and our entire liability, if any, for any claims arising out of these Terms and your use of this Website shall be limited to the amount you paid us for any Lot auctioned on this Website. In no event shall we or our affiliates be liable to you or any third-party for any special, punitive, incidental, indirect or consequential damages of any kind, or any damages whatsoever, including, without limitation, those resulting from loss of use, profit loss, whether or not we have been advised of the possibility of such damages, and on any theory of liability, arising out of or in connection with the use of this Website or any website referenced or linked to from this Website.

You agree to defend, indemnify, and hold us harmless from all liabilities, claims, and expenses, including attorneys’ fees that may arise from your use or misuse of this Website or a breach of these Terms. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with us in asserting any available defenses.

Termination of Use

You agree that we may, at our sole discretion, terminate or suspend your access to all or part of this Website with or without notice and for any reason, including, without limitation, breach of these Terms. Any suspected fraudulent or illegal activity or failure to pay on successfully bid lot(s) may be grounds from barring your access to this Website.

International Use

If you choose to access this Website form outside the United States and to purchase any Lot offered at auction, you are responsible for compliance with local laws in your jurisdiction, including but not limited to, the taxation of products purchased at auction.

Governing Law

This Website (excluding any Third-Party websites) is controlled by us from our offices in New Jersey, and the statutes and laws of New Jersey shall be controlling, without regard to the conflicts of laws principles hereof. You agree and submit to the exclusive personal jurisdiction and venue of the Superior Court of New Jersey, County of Morris or the United States District Court for the District of New Jersey at our discretion.

Savings Clause

If any part of these Terms is held invalid or unenforceable, that portion shall be construed in a manner consistent with applicable law to reflect, as nearly as possible, the original intention of the parties, and the remaining portions shall remain in full force and effect.

No Waiver

Any failure by us to enforce or exercise any provision of these Terms or related rights shall not constitute a waiver of that right or provision.

Terms & Conditions of Auction

We incorporate by reference the Terms & Conditions of Auction linked on this Website. If there is any conflict between the Terms & Conditions of Auction and this Terms of Use, these Terms, however, shall apply. Subject to the Terms & Conditions of Auction, these Terms constitute the entire agreement and understanding between the parties with respect to the use of this Website.

If you have questions regarding these Terms, contact us at info@collectorinvestorauctions.com.

 

 

Privacy Policy

Effective date: April 17, 2024

Collector Investor Auctions LLC d/b/a CIA (“CIA”, “us”, “we”, or “our”) values the privacy of its customers. We are the controller of our customer’s personal information and are responsible for such information’s collection, use and disclosure. This privacy policy governs the use of the website, https:// bid.collectorinvestorauctions.com (hereinafter referred to as the “Website”). By using the Website, you agree to the collection and use of the information collected as stated in this policy.

This page informs you of our policies regarding the collection, use and disclosure of personal data when you use our Website and the choices you have associated with that data.

Information Collection and Use

We collect Personal Data and Usage Data for various purposes to provide and improve our Website.

PERSONAL DATA

While using our Website, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“Personal Data”). Personally identifiable information may include, but is not limited to:

  • Email address

  • First name and last name

  • Phone number

  • Address, City, State, ZIP/Postal code, Country

  • Tax ID number

  • Usage Data

We may use your Personal Data to contact you with newsletters, marketing or promotional materials and other information that may be of interest to you.

You may opt out of receiving any, or all, of these communications from us by following the unsubscribe link or the instructions provided in any email we send.

USAGE DATA

We may also collect information on how the Website is accessed and used (“Usage Data”). This Usage Data may include information such as your computer’s Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Website that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers and other diagnostic data. We may use third-party Service Providers, including Google Analytics, to monitor and analyze Usage Data.

TRACKING COOKIES DATA

Cookies are small pieces of text sent to your web browser by a website you visit. A cookie file is stored in your web browser and allows our Website to recognize your preferences. You may refuse the use of cookies by selecting the appropriate settings on your browser. However, please note that deleting or refusing cookies may prevent you from using certain services on the Website.

Our Website uses Google Analytics, a service which transmits web traffic to Google servers in the United States. Google Analytics does not identify individual users or associate your IP address with any other data held by Google. We use reports provided by Google Analytics to help us understand our Website traffic and usage.

Use of Data

CIA uses the collected data for various purposes:

  • To provide, maintain and improve our Website

  • To notify you about changes to our Website or Privacy Policy

  • To provide customer support

  • To monitor the usage of our Website

  • To detect, prevent and address technical issues

  • To provide you with news, special offers and general information about our services

Legal Basis for Processing Personal Data under the General Data Protection Regulation (GDPR)

If you are from the European Economic Area (EEA), CIA legal basis for collecting and using the personal information described in this Privacy Policy depends on the Personal Data we collect and the specific context in which we collect it.

CIA may process your Personal Data because:

  • We need to perform a contract with you

  • You have given us permission to do so

  • The processing is in our legitimate interests and it is not overridden by your rights

  • To comply with the law

Retention of Data

CIA will retain your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes and enforce our legal agreements and policies. CIA will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of our Website, or we are legally obligated to retain this data for longer periods.

Transfer of Data

Your information, including Personal Data, may be transferred to — and maintained on — computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ from those of your jurisdiction.

If you are located outside the United States and choose to provide information to us, please note that we transfer the data, including Personal Data, to the United States and process it there.

Your consent to this Privacy Policy followed by your submission of such information represents your agreement to that transfer.

CIA will take all the steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy and no transfer of your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of your data and other personal information.

Disclosure of Data

Please be advised that under certain circumstances, CIA may be required to disclose your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency). CIA may disclose your Personal Data for the following reasons:

  • To comply with a legal obligation

  • To protect and defend the rights or property of CIA

  • To prevent or investigate possible wrongdoing in connection with the Website

  • To protect the personal safety of users of the Website or the public

  • To protect against legal liability

Security of Data

We take the security of the data provided to CIA seriously. That being said, any transfer of data over the Internet or any information electronically stored cannot be 100% secure. While CIA utilizes commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security.

Our Policy on “Do Not Track” Signals under the California Online Protection Act (CalOPPA)

Please note that we do not support Do Not Track (“DNT”). Do Not Track is a preference you can set in your web browser to inform websites that you do not want to be tracked. You can enable or disable Do Not Track by visiting the Preferences or Settings page of your web browser.

Your Data Protection Rights under the General Data Protection Regulation (GDPR)

If you are a resident of the European Economic Area (EEA), you have certain data protection rights. CIA aims to take reasonable steps to allow you to correct, amend, delete or limit the use of your Personal Data.

If you wish to be informed about what Personal Data we hold about you and if you want it to be removed from our systems, please contact us.

In certain circumstances, you have the following data protection rights:

  1. The right to access, update or delete the information we have on you. Whenever made possible, you can access, update or request deletion of your Personal Data on file with CIA. If you are seeking to access, update or delete your Personal Information, please contact us to assist you.

  2. The right of rectification. You have the right to have your information rectified if that information is inaccurate or incomplete.

  3. The right to object. You have the right to object to our processing of your Personal Data.

  4. The right of restriction. You have the right to request that we restrict the processing of your personal information.

  5. The right to data portability. You have the right to be provided with a copy of the information we have on you in a structured,

machine-readable and commonly used format.

  1. The right to withdraw consent. You also have the right to withdraw your consent at any time where CIA relied on your consent to process your personal information.

Please note that we may ask you to verify your identity before responding to such requests.

You have the right to complain to a Data Protection Authority about our collection and use of your Personal Data. For more information, please contact your local data protection authority in the European Economic Area (EEA).

Service Providers

We may employ third party companies and individuals (“Service Providers”) to perform business-related services or assist us in analyzing how our Website is used. These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.

Links to Other Sites

Our Website contains links to other websites that are not operated by us. If you click on a third-party link, you will be directed to that third party’s site. We strongly advise you to review the Privacy Policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third-party websites or services.

Children’s Privacy

Our Website is not intended for anyone under the age of 18 (“Children”) and we do not knowingly retain identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your Child has provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from children without verification of parental consent, we take steps to remove that information from our servers.

Changes to This Privacy Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the “effective date” at the top of this Privacy Policy.

Contact Us

If you have any questions about this Privacy Policy, please contact us: By email: info@collectorinvestorauctions.com.

 

TERMS & CONDITIONS OF ONLINE AUCTION

(these “Terms”)

Effective Date: 4/17/2024

These Terms apply specifically to the online auction/bidding platform and process, including post-auction activities such as payments on a winning bid.

Important Timeframes in online auctions:

  • New bidders desiring to participate in any of our auctions should register within three days of the specific auction end date that you want to bid in.

  • Place initial bids prior to 9:00 PM ET on the Final Initial Bid Day. Please consult Section 4 for details on the closing procedure in effect for this Auction and how extended bidding may occur after the Final Initial Bid Day.

  • You consent to these Terms by registering to bid in, or placing a bid in, CIA auctions. By making a payment to CIA on a winning bid, you reaffirm your consent to these Terms. These Terms shall constitute the entire “Agreement” between Collector Investor Auctions LLC d/b/a CIA (hereinafter “Collector Investor Auctions”, “CIA”, or “Auctioneer”), the auction operator, and “you” (or “bidder”) regarding any bid or purchase you make or attempt to make in the Auction and shall supersede in the event of a conflict any and all communications, which occur at any time, between CIA or its representatives and you with respect to the auction and the purchase of items offered at the auction. Please consult Section 17 for current sales tax information. CIA’s contact information for purposes of these Terms appears at the end of these Terms.

  1. Bidder Eligibility.

    • As a condition to participating in the Auction, you (i) consent to these Terms and agree to abide by them and (ii) represent that you are at least 18 years of age, or older if the age of majority is higher in your jurisdiction of residence and have full capacity to consent to these terms. If you are bidding on behalf of an organization or individual as their authorized agent, you represent you have all necessary rights to completely agree to these Terms in their entirety on behalf of such entity or person, and you have disclosed to CIA that you are acting as a disclosed agent on behalf of a principal (sending an email to CIA preceding the auction informing us suffices for such purposes).

    • To be able to bid in CIA auctions, you may have registered for it (see Section 6 below) and need to have an existing or newly issued bidder number from CIA (see Sections 7 and 8 below). Bidders with existing CIA accounts in good standing do not need to declare their intent to participate in the auction and may just do so by logging in and submitting a bid. Bidders in the auction will be required to consent to these Terms either when they register for bidding in CIA auctions or place their first bid in a CIA auction. CIA reserves the right to require you to re-acknowledge such consent as a condition to being able to claim an item for which you had the high bid, and your not doing so may result in forfeiture of the high bid by being an ineligible bidder.

  2. Operator of Online auction. ALL auctions are presented and conducted by CIA. CIA auctions are an online auction and bidders can bid via the CIA online auction portal (https://bid.collectorinvestorauctions.com) accessible from CIA’s website at www.collectorinvestorauctions.com. There may be more than one open auction online at the same time; check which auction you are in before you bid. CIA’s timekeeping device is the official time-keeping device for this auction and will determine priority of bids placed roughly at the same time and when timeframes in this auction have been met. Binding Terms; Additional Terms. Any bidder who registers to participate in the auction as a bidder, or bids in ANY of CIA auctions, agrees to be bound by and accepts these Terms. If you do not agree to any part of these Terms, please notify CIA and do not bid in any CIA auctions. These terms incorporate by reference the Website Terms of Use and Privacy Policy on www.collectorinvestorauctions.com. In the event of any conflict between these Terms and the Website Terms of Use, as regards CIA auctions, these Terms will control.

  3. Start of auction. Bidding is scheduled to begin approximately in the timeframe first set forth above. CIA reserves the right to postpone or delay the Auction, for a reasonable period of time, due to any significant, relevant event, which in the sole discretion of CIA, makes it inadvisable to hold the auction as scheduled, without liability to any bidder, prospective bidder, consignor or anyone else.

  4. Closing of Auction. The final day of initial bidding for all lots (the day when the timer is less than 24 hours remaining) is the “Final Initial Bid Day”. Initial bids may be placed at any time prior to 9:00 PM ET on the Final Initial Bid Day. CIA will continue to accept additional bids from qualified bidders after 9:00 PM ET on the Final Day on all lots in the auctions, during an extended bidding period, subject to the following conditions in this Section 4.

    • ANY ITEM WITH ONE OR MORE OPEN BIDS AT 9:00 PM ET ON THE FINAL INITIAL BID DAY WILL BE CLOSED TO NEW BIDDERS. YOU CANNOT BID ON THE ITEM AFTER SUCH TIME IF YOU DID NOT BID ON IT PREVIOUSLY.

    • If, after 8:45 PM ET on the Final Initial Bid Day, a period of 15 minutes passes without a bid on each individual lot, then said lot will end and go to the highest bidder. Don’t wait to bid on a lot if you really want it.

    • There will be no warning as to exactly when the Auction will close after 9:00 PM ET on the Final Initial Bid Day. CIA may send out a “Fair Warning” email alerting bidders to the fact that extended bidding has begun. It should not be interpreted as signaling a set amount of time remaining in the auction. Individual lot pages will display the status of bidding on that item. When all lots in the auction have closed, a message will appear online stating that all bidding is closed in the auction. If CIA determines that remaining bidding activity is isolated or limited overall, CIA may in its sole discretion close the Auction.

    • Once the auction reaches 9:00PM ET, extended bidding will commence, and each lot will switch to a 15-minute lot-by-lot closing. (The 15-minute bidding window will technically begin at 8:45PM ET, so if no additional bids are placed in the last 15 minutes of the auction, then extended bidding will not start and that specific lot will end at 9:00 PM ET). During this lot-by-lot closing, an individual

15-minute clock will appear on each lot page. A bid on a specific lot will cause the countdown clock to reset to 15 minutes remaining. If the countdown clock reaches zero, the lot will close. CIA recommends bidders to leave maximum bids to help avoid being outbid during the short 15-minute bidding windows once extended bidding commences.

  • Items that received only a single bid will be closed for bidding during the extended bidding period because only one bidder would have qualified to participate in extended bidding (and cannot outbid themselves).

  • Items without a bid by 9:00 PM ET will end as unsold.

  • In the event of a service disruption, or any other circumstance beyond the control of CIA whatsoever, which the Auctioneer, in its sole determination and at its sole discretion, at any time decides makes it inadvisable to end the auction as outlined above, the Auctioneer reserves the exclusive right to make a commercially reasonable effort to remedy the situation, including, but not limited to, extending the Auction for any amount of time that CIA deems appropriate under the circumstances.

  1. Registration with CIA required / CIA account.

  1. To participate in this Auction, all bidders must be registered online with CIA. If your account is not in good standing, for example, you have open balances due to CIA, have failed to complete past payments due, engaged in collusion, or for any other reason in CIA’s discretion, your account may be terminated and/or ability to place bids in any/all CIA auctions may be suspended. Protect the log-in credentials to your account and hold them in confidence. They should not be shared with anyone else. You (the account holder) are responsible for any activity that occurs under your account, whether or not authorized.

  2. Registration for an account requires your providing certain personal information to us, used to administer CIA auction, communicate with you about it, fulfill any bids won, and as otherwise set forth in our Privacy Policy on https://collectorinvestorauctions.com.

  1. New Bidders. All new bidders, as a condition to being able to register for an account with CIA (needed to be able to participate in CIA auctions), will need two hobby references acceptable to CIA and a valid street address for correspondence. These references will be checked (references can include eBay account, completed purchases for collectibles outside CIA auctions, known & respected dealers in the hobby, etc.). Initial registration can take some time but is generally handled very quickly. New bidders should allow for time to complete the registration; CIA has no liability or responsibility to a prospective bidder on the basis of any reference checking or initial bid delays. CIA reserves the right in its sole discretion to refuse to register anyone for an account or as a bidder at all CIA auctions or for a specific auction or to refuse to accept bids from anyone for any reason, at any time, without prior notice. All applicants for an account with CIA must be at least 18 years old, or older if the age of majority is higher than 18 in the applicant’s jurisdiction of residence.

  2. Maximum bidding limit. CIA may, at its sole discretion, at any time place a credit limit on a bidder’s account. The credit limit represents the maximum amount a bidder can bid with CIA at such time and is not an actual extension of credit or funds by CIA. The default bidding limit for bidders with limited bidding history and/or strength of references is $1,500.00 and is subject to change solely at CIA’s discretion. For bidders with good bidding/payment history this limit can be raised at CIA’s sole discretion.

8. Minimum Bid Increments. Bids update in “real time” on the auction website, and in order to top the current bid, you must conform to the next bidding increment. “Real time” is subject to normal delays on the Internet, including relating to one’s computer or device processing speed, internet connection speed, delays and interruptions, and other Internet connectivity issues beyond the control of CIA. There are no exceptions to the minimum raise amounts.

Bidding increment table follows:

MINIMUM VALUE MAXIMUM VALUE BID INCREMENT

From US $0 To US $19 US $1

From US $20 To US $49 US $2

From US $50 To US $99 US $5

From US $100 To US $199 US $10

From US $250 To US $999 US $25

From US $1,000 To US $1,999 US $50

From US $2,000 To US $4,999 US $100

From US $5,000 To US $9,999 US $250

From US $10,000 To US $24,999 US $500

From US $25,000 To US $49,999 US $1,000

From US $50,000 To US $99,999 US $2,500

From US $100,000 To US $249,999 US $5,000

From US $250,000 To US $499,999 US $10,000

From US $500,000 To US $999,999 US $25,000

From US $1,000,000 To US $2,499,999 US $50,000

All bids are subject to the premium payable to CIA as the auctioneer, applicable taxes and applicable shipping and handling, as described further below in these Terms.

  1. Bids Not Revocable. No retractions of bids are permitted, provided CIA may decline to honor bids placed in violation of these Terms or in the enforcement of these Terms. Once a bid has been placed online, it may not be retracted by the bidder.

  2. Bid Notifications. The Auction system will send bidders bid confirmations and outbid notices they can view in the online auction portal over the Internet and to the email address associated with their account. CIA does not guarantee, represent, or warrant notices will be timely delivered or received. By way of example, an automated email confirmation or notice may not be received or may be delayed for a number of reasons, including, but not limited to, the computer or device settings of recipients, which sometimes interpret system email as spam, or disruptions in the internet service. Text notifications are dependent on the third-party carrier that supplies the user’s mobile device service and CIA has no control over such service, its reliability, or speed. CIA recommends that bidders do not rely exclusively on outbid notices (regardless of form sent) and actively check the status of their bids online in the Auction portal.

  3. Opening Bids and Reserve Amounts. Each lot in any CIA auction is accompanied by an opening bid (meaning a minimum bid amount). Select lots may have a confidential reserve placed on them by the consignor, which means that the lot will not be sold until a bidder bids an amount equal to or greater than the reserve amount. A reserve is set by the consignor (not by CIA) when the consignor determines that the value of a lot is such that they are not willing to sell the lot if its sale price does not attain the reserve amount. Lots subject to a reserve will be clearly designated as subject to a reserve (or using similar language) on their individual pages online in accordance with the timeline posted above. Until such time that the confidential reserve is met, the lot page will display “Reserve Price Not Met” near the current bid. Bidders may continue to bid on such lots using all available bid increments or higher. Once the confidential reserve is met, the status of the lot will change to “Reserve Price Met” on the lot’s online page. Reserve amounts will not be disclosed online but may be available upon request unless the consignor has restricted disclosure. Items with a confidential reserve may be accompanied by an estimated value. The confidential reserve amount will be lower than or equal to this estimated value.

  4. Automatic Maximum Bids. Offers to “top all other bids” are not accepted, but the placing of automatic “Up To” or “Limit” bids is an option for bidders. When placing such a bid, the bidder is instructing CIA to competitively bid on bidder’s behalf in the minimum increments for the applicable item up to, but not exceeding, a given limit (which limit may be increased multiple times while bidding remains open for the item). The bidding system will automatically execute “Up To” bids instantly (in the applicable minimum increment up to the “Up To” limit set by the bidder) after a competing bid has been placed, and the system will do so multiple times as needed against a competing bid until the “Up To” limit is met. “Up To” or “Limit” bids should be calculated in the proper bidding increments for the item being bid. “Up To” bids are kept in strictest of confidence, meaning, they are not known to other bidders, contracts, or agents of CIA.

  5. No Consignor Bids. Consignors are prohibited from bidding on their own materials or having others secretly bid for them on their behalf. If any consignor directly or indirectly bids on his or her own items at auction, it is without CIA’s consent, and CIA reserves the right, at its sole discretion, at any time and without any warning, to remove any bids it suspects of being fraudulent or placed in consort with a consignor. CIA STRICTLY does not condone this or shill bidding of any kind.

  6. No House Bids. There is no circumstance under which CIA may execute bids for its own “house account,” thereby unfairly competing with bidders. In fact, to be clear, CIA does not have a “house account,” unlike many other auction operators. Employees or contractors of CIA (and CIA) may consign their personal property or owned items to this Auction, provided they will be treated like any other consignor (including not being permitted to bid on their own lots).

  7. Shipping and Handling Costs. Items will only ship once paid for in full. As a convenience for bidders, CIA utilizes a standardized fee + the shipping label cost. The standard fee covers the cost of shipping materials, insurance, etc., but is kept at a minimum amount in fairness to you, our valued customer.

This standardized fee schedule is as follows:

  • $5 per invoice valued at less than $149;

  • $10 per invoice valued between $150 and $499;

  • $15 per invoice valued between $500 and $999;

  • $20 per invoice valued between $1,000 and $2,499;

  • $25 per invoice valued between $2,500 and $4,999;

  • $35 per invoice valued between $5,000 and $9,999;

  • $40 per invoice valued between $10,000 and $19,999;

  • $50 per invoice valued between $20,000 and $49,999;

  • $75 per invoice valued between $50,000 and $74,999;

  • $85 per invoice valued between $75,000 and $99,999;

  • $100 per invoice valued between $100,000 and $249,999; and

  • $150 per invoice valued at greater than $250,000.

The three exceptions to this schedule are as follows: (1) International shipments - if shipping to an address outside of the United States, the bidder must pay all applicable packing, shipping, and insurance charges (please do not ask CIA to state lower values on international customs forms. We will not do this); or (2) large or heavy items inherently requiring significant special packing, crating, and shipping (such as stadium seats, framed items, bulk lots, and graded lots or sets) along with items on which shipping carriers assess dimensional weight guidelines greater than a standard package (such as bats, pennants, or sheets); or (3) items of significant value requiring bonded, insured, and/or secured transport by special carrier. These lots subject to an exception are clearly identified in their respective descriptions as requiring special packing and shipping charges. Winners of these lots may be billed for packing, shipping, and insurance charges with a separate shipping invoice (to allow CIA to communicate with winners to be responsive to their shipping preferences). Unless requested and paid specifically by the bidder, or coming within exceptions (1) or (3) above, other items are not insured in transit to the winning bidder. CIA will ship using the carrier or carriers of its election and subject to availability for the intended destination.

  1. Sales Tax. Texas residents must pay 6.25% Texas state sales tax or present a valid resale certificate. Applicable state sales tax will be collected for residents of, or any bidder who desires to ship their items to, Alabama, Arizona, Arkansas, California, Colorado, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New York, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin. Sales tax regulations are ever changing, and sales made within this Auction may require the collection of state sales or use tax post-auction in accordance with such regulations for states not listed above. If you are a resident of, or desire to have your items shipped to, a state not listed above, CIA can provide an estimate of the tax due upon your request and we encourage you to contact your accountant for a complete understanding of the sales tax that would be due from you.

  2. Buyer’s Premium. The industry standard for auction houses is a 20% buyer’s premium (BP). CIA is currently offering a promotional 10% buyer’s premium in consideration for CIA’s services which will be added to all winning bids. For example, should a bidder win a lot for $100, the actual cost will be $110 (plus standardized fee, postage, and tax, if applicable). CIA reserves the right to change buyer premium at its sole discretion. CIA will notify all bidders if the buyer’s premium is adjusted. If CIA is running a promotion, it will be stated in the auction specific’s description of what the fees will be.

  3. ALL SALES ARE FINAL. No returns are accepted.

  4. Payments. Payment in full is due in United States Dollars in immediately available funds within 3 business days of notification of lots won. If paying via mail, payment in full is due in United States Dollars in immediately available funds within 10 business days of notification of lots won. Please note, items will be shipped out once payment has cleared (i.e., if paying via check (or any other form of payment), and the bank places a hold on the funds be released, CIA will wait until the payment fully processes, and then promptly ship out the lots that were purchased). Payment in full means payment of the lot price, applicable shipping and handling costs (standardized fee), sales tax (if applicable) and the CIA buyer’s premium. Notifications and invoices will be sent by email. (Note: CIA does not send hard copies of invoices by mail unless requested in writing). In addition to being sent invoices by email, bidders may access their complete invoices (including shipping and insurance) after auctions have closed by logging onto CIA’s website and clicking “My Account” on the navigation bar. Please call to prearrange any other type of payment schedule, which if desired must be requested in writing prior to bidding and approved by CIA in writing in advance of bidding. Any bidder who has not paid in full sums due within the above number of days of notification without having made prior arrangements for late payment may have future bidding privileges revoked. CIA accepts personal checks. Checks may be held until funds are collected, which can take 5-10 business days. CIA also accepts credit / debit cards, cashier’s checks, certified checks, money orders, wire transfers, ACH payments or Zelle® electronic payment directed to 972-363-9822 via Zelle. Shipment of items occurs as soon as possible after payment in full clears, usually within several days after the payment is deposited/initiated. No PayPal®, Apple® Pay, Google® Pay, or similar payment platforms are accepted. Bitcoin and similar digital currency is not accepted. Failure to Pay. If a winning bidder does not honor his or her bid with payment in full pursuant to Section 19, CIA is entitled to charge the non-paying bidder late fees of 1% per month as well as a services fee of $10 per day per lot for storage and insurance of the unpaid lots until the matter is resolved. CIA may, in addition to asserting all remedies available under these Terms, by law, or in equity, at its sole discretion, (i) sell the given item(s) to an underbidder (without notice to the non-paying bidder), (ii) reoffer the given lot(s) in a future auction, (iii) return the item(s) to the consignor upon the consignor’s request, (iv) purchase the item(s) itself and make appropriate payment to the consignor, and/or (v) hold the defaulting bidder liable for the entire purchase price. It is explicitly agreed that the non-paying winning bidder will be responsible for any and all losses, damages, expenses, and costs incurred by CIA. Payment by credit card (VISA, Mastercard, and Discover) is subject to a 3% surcharge. Payment by check, money order, cashiers check, or Zelle® is not subject to the 3% surcharge. Payment by bank wire is subject to a flat $25 fee.

In the collection of auction proceeds, including and not limited to reasonable attorney fees. Non-paying bidders should also expect to have future bidding privileges revoked, and CIA shall be authorized to notify other action houses of this revocation in its discretion, including if CIA is asked for a hobby reference. Where a bidder fails to complete a payment in full and has a good faith deposit on their account, CIA may use the deposit amount to offset the amounts outstanding and/or pursue other remedies available to it. Once the outstanding payment is 30 or more days overdue, in whole or in part (regardless of whether the bidder made a partial payment or had a deposit used to offset the outstanding amount), CIA may sell the item won by the bidder to a third party (without any liability to the bidder for such sale) to cover total amounts due to CIA. If the item is sold for less than what the bidder owes CIA, CIA retains a claim of non-payment against the bidder and all available remedies against the bidder are reserved to CIA. If the item is sold for more than what the bidder owes CIA, CIA has no obligation to make the difference available to the bidder and may retain the additional proceeds. CIA also reserves the right to charge a non-paying bidder CIA’s costs of collection and legal expenses to enforce the bidder’s payment obligations under these Terms, which shall be deemed to be part of the bidder’s obligation to pay CIA in full.

20. Transfer of Title. Title to any lot remains with the consignor or CIA and shall not pass to the successful bidder until the lot is paid for in full (including applicable shipping and handling costs and the premium due to CIA). All invoices must be paid in full before items from that invoice are shipped to the successful bidder unless other arrangements are made and agreed to in writing in advance with CIA.

21. Grading, condition, and authenticity.

  • There is a subjectivity to grading. Commercially reasonable efforts are made to verify the condition of each lot is as it is described. CIA carefully reviews material accepted for auction and, when it deems necessary, asks leading authenticators to do so as well. CIA provides no representation or warranty that any auction item with an CIA grade will receive exactly the same grade, or even be accepted for grading, by any third-party grading service. Grade standards may also change over time. Similarly, bidders acknowledge and agree that every card graded by one third-party grading service may not receive exactly the same grade by another third-party grading service or the same grade later in time. CIA submits many cards for professional grading. CIA will never alter cards or otherwise improve their appearance, and/or ultimate grade under any circumstance whether the card is being auctioned as raw or being submitted for grading. No warranty, whether expressed or implied, is made with respect to any grade, condition, or other adjectives or descriptions used for a lot, the meaning of which can and does vary, even among experts. CIA utilizes a third-party authentication process for cards, comics, autographed items, etc. In placing a bid on such items, the encapsulation, documentation, and/or letters supporting the opinion of authenticity that are noted in the description are explicitly deemed acceptable to the bidder. There will always be experts that will have differing opinions.

  • CIA does not warrant authenticity of any material that is accompanied by a Letter of Authenticity (LOA), or its equivalent, from an independent third-party authentication provider. The bidder shall solely rely upon the warranties of the authentication provider issuing the letter or opinion, or on the warranties of the authentication provider of the bidder’s choice. All autograph authentication letters are Auction Letters of Authenticity as opposed to Full Letters of Authenticity unless otherwise noted. Pre-certification is employed by authenticators for some lots, and the winning bidder is responsible for reviewing the individual authenticators’ terms for this service. For information as to the authentication provider’s warranties and policies, the bidder is directed, as applicable, to the authenticator identified in the applicable documentation from CIA provided with the item. CIA offers no opinion as to the validity of a grade assigned by any third-party grading service.

  • Because CIA cannot examine encapsulated items outside of their holders, they are sold “as is.” CIA shall not be liable for any patent or latent defect or controversy pertaining to or arising from any encapsulated collectible. In any such instance, bidder’s remedy, if any, shall be solely against the certification service certifying the collectible. CIA is not bound by the opinions of any authenticators, grading services, or experts, nor do the rules governing auctions in any of the publications in which CIA may advertise hold precedence over these Terms.

  • If it appears to CIA that fraud or attempted fraud, or other such misconduct, are taking place in any way on the part of the bidder, CIA will not hesitate to take all appropriate action, including pressing criminal charges.

22. Third Party Information Disclaimer. All items grading service “Population Report” information provided in descriptions is as of when the lot description was written (which likely precedes the Auction start by some time); it is therefore possible that, in isolated cases, cited Population Report information may not take into account very recently graded items. Population data only takes into account items certified by the authentication company responsible for the authentication of the described item and will not factor in other certified collectibles from other authenticators unless specifically noted. For example, references to “highest graded” and “one of two,” along with other similar statements, are to be interpreted as “highest graded” by the specific authenticator or “one of two” authenticated by the specific authenticator unless otherwise noted.

All sales are final once the applicable lot auction closes.

No Third-Party Beneficiary. No third party may rely on any benefit of these Terms, and any rights and obligations established under these Terms are personal to the bidder and CIA. The bidder may not make an assignment of its rights and obligations hereunder.

Amendments; Waivers. No agent of CIA may alter these Terms orally or in writing. Any amendment or waiver under these Terms by CIA shall not be binding on CIA unless authorized in writing and signed by a principal of CIA. CIA’s failure to enforce any right provided herein or to which it is entitled at law or equity will not constitute a waiver of that right or of any other rights to which it is entitled.

Applicable Law; Venue.

  • These Terms form a binding legal contract between you and CIA with respect to their subject matter and will be governed under the internal laws of the State of Texas, USA and shall for all purposes be governed by and construed in accordance with the laws of the State of Texas, USA without regard to any other jurisdiction’s principles of conflicts- of-law.

  • Each bidder hereby submits to the exclusive jurisdiction of the courts of the State of Texas sitting in Dallas County, Texas and the Federal District Court for the District of Texas for the purposes of all legal proceedings arising out of or relating to these Terms or the transaction contemplated hereby. Each bidder hereby irrevocably waives, to the fullest extent permitted by applicable law, the right to a trial by jury, the right to bring a claim against CIA as part of a class action, and indirect, consequential, special or punitive damages against CIA, and any objection that they may now or hereafter have to laying of the venue of any such proceedings brought in such a court and any claim that any such proceeding brought in such a court has been brought in an inconvenient forum.

  1. In the event CIA takes or maintains any action to enforce its rights hereunder and prevails thereafter, the bidder shall reimburse CIA for its reasonable costs and expenses incurred, including, without limitation, attorney’s fees and costs.

  2. These Terms have been prepared in the English language, communications in connection with the Auction shall be in English, and all amounts for lots and due to CIA are represented in United States Dollars. CIA is headquartered in the United States and offers the Auction to a US audience. Any foreign bidder bids in the Auction at their own discretion and subject to any local laws applicable to them in their jurisdiction.

23. Severability. If any part of these Terms shall be held unenforceable, the remainder of the Terms shall nevertheless remaining full force and effect and, to the extent permissible under applicable law, such unenforceable provision or provisions shall be deemed revised to the minimum extent possible to permit enforcement of such provision on terms as near as possible to such provision as originally drafted.

No Warranties. CIA is not the creator or manufacturer of items sold at auction and does not warrant them in any manner. Bidder acknowledges and agrees that the items are auctioned and sole without warranties or guarantees. CIA DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR USE AND/OR PARTICULAR PURPOSE. CIA MAKES NO WARRANTY AS TO THE AUTHENTICITY OF THE ITEMS AND DISCLAIMS ALL LIABILITY FOR COUNTERFEIT OR

INFRINGING ITEMS. The online auction platform is provided “as is” with all faults and CIA does not represent, warrant or guarantee that they will be error-free, that any errors brought to CIA’s attention will be corrected, or that CIA’s website will operate uninterrupted.

Limits on Liability.

  • In no event will the liability of CIA exceed the purchase price paid for any lot. Any issue with any lot must be communicated to CIA within seven (7) days of receipt of that item at the designated shipping address. After that time, CIA will have paid consignors and failure to notify CIA during the prescribed time will indicate acceptance of the item as is. CIA accepts no responsibility for issues with items sent to third parties. In the event CIA cannot deliver a lot or subsequently it is established that the lot lacks title, or other transfer or condition issue is claimed, CIA’s liability shall be limited to rescission of sale and refund of purchase price; in no case shall CIA’s maximum liability exceed the high bid on that lot, which bid shall be deemed for all purposes the value of the lot. After one (1) year has elapsed from the close of the Auction, CIA’s maximum liability shall be limited to any commissions and fees CIA earned on that lot.

  • CIA SHALL NOT UNDER ANY CIRCUMSTANCES BE LIABLE FOR SPECIAL, INDIRECT, PUNITIVE, OR CONSEQUENTIAL DAMAGES OF ANY NATURE WHATSOEVER, INCLUDING, WITHOUT LIMITATION, ANY LOST REVENUES, PROFITS, OR BUSINESS OF BIDDER OR ITS AGENTS, RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH, THE PURCHASE OF ANY ITEM OR FOR ANY FAILURE TO SELL ANY ITEM FOR ANY REASON, WHETHER OR NOT CIA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE MAXIMUM AMOUNT OF CIA’S CUMULATIVE LIABILITY FOR ANY LOSSES OR DAMAGES RECOVERABLE BY BIDDER WITH RESPECT TO AN ITEM WILL NOT EXCEED THE WINNING BID AMOUNT FOR THE ITEM.

24. Force Majeure. CIA shall not be liable for any delay or for any consequence of any delay in the holding of the Auction, for any early termination of the Auction or consequences of early termination or for the delivery of any items, if such delay shall be due to acts of God, acts of terrorism, acts of a public enemy, changes in law, wars, floods, fires, storms, pandemics, epidemics, outbreaks, strikes, labor stoppages, lockouts, local or national emergencies, significant interruptions of transportation, freight embargoes or failures, exhaustion or unavailability on the open market of services necessary for the performance of any provision hereof, or the happening of any material and reasonably unforeseeable act, misfortune, or casualty by which performance hereunder is delayed or prevented. If any such delay occurs, then CIA’s period for performing its obligations shall be extended as it may reasonably require to complete the performance of its obligation.

25. Contact. For purposes of these Terms, when you contact CIA, please contact us by phone at 972-362-8544 or by email to info@collectorinvestorauctions.com. You may also contact us using the contact forms available at https://collectorinvestorauctions.com.

End of Terms