Terms & Conditions

The following terms and conditions apply to auctions held by Roma Numismatics:

I. All estimates are in POUNDS STERLING. The opening bids will be 80% of the estimate unless there are existing higher bids. A 23.5% Buyer’s Fee (for Printed Auctions) or a 18.5% Buyer's Fee (for Electronic Auctions) will be added to the hammer price. The Buyer's Fee will be discounted to 20% or 15% respectively for invoices paid by bank transfer, UK cheque or cash.

II. VAT at 20% (applicable to customers within the UK and EU) is due on the Buyer’s Fee only, not the hammer price. 

III. The auctioneer guarantees the absolute authenticity of any and all coins sold. There is no expiration to this guarantee. Any coins subsequently found to be not authentic will be exchanged for a full refund of the purchase price.

IV. Absentee bids, whether submitted via the Roma Numismatics website or other means, must be received by 20:00 on the day before the auction at the latest. It is the bidder’s responsibility to ensure that bids have been received by Roma Numismatics. 

VI. The auctioneer will have absolute discretion to accept or decline any bid, withdraw lots from sale at any time until such point as the purchaser takes physical possession, re-open any lot, even after the hammer has fallen, in which a bidding error has occurred, and to determine in the event of a dispute, the final winner of a lot or to rescind the sale and put the lot up for sale again. 

VII. For the protection of mail or absentee bidders, no ‘unlimited’ or ‘buy’ bids will be accepted. When identical bids are received for the same lot, preference will be given to the bid received first. A mail bid will take preference over a floor bid. 

VIII. Some lots may carry a reserve. The auctioneer reserves the right not to sell an item below the confidential price, or will repurchase the item on behalf of the consignor or for the account of Roma Numismatics Ltd. If a reserve exists the auctioneer reserves the right to bid on any lot on behalf of the consignor up to the amount of the reserve against any floor or mail bidders. The auctioneer also reserves the right to bid on any lot on behalf of Roma Numismatics Ltd. 

IX. Title remains with the owner until such time as the customer has paid in full. 

X. Invoices are due immediately upon receipt. Roma Numismatics Ltd. reserves the right to charge interest on unpaid invoices at the rate of 2% per calendar month, except where prior agreement has been made with regards to payment arrangements. 

XI. A £10 surcharge will be applied to payments made by bank transfer from outside of the UK. The customer is responsible for paying all bank charges and shipping and insurance costs. 

XII. A 2% surcharge will be applied to bids submitted via post or email, rather than placed on the Roma Numismatics website, for an Electronic Auction. Should live internet bidding be available via a third-party for a Printed Auction, Roma Numismatics would not be responsible for any missed lots or bids due to network speed or down-time. 

XIII. By making a bid the customer agrees to the above terms and conditions and accepts to be bound by them. These conditions shall take effect and be construed in accordance with the provisions of English Law. 

US COIN IMPORT RESTRICTIONS

Any coins in this sale that fall under US import restrictions but may still be legally imported into the US are accompanied by documentation proving that they were outside of the source country prior to the effective date, or are accompanied by a valid export certificate issued by the country of origin. 

Any coins subject to US import restrictions that may not lawfully be imported into the United States of America will be clearly indicated as such with the note: ‘not suitable for US market’. 

Roma Numismatics will make every effort to ensure that US import restrictions affect our clients as little as possible, and will carry out all necessary importations and procedures as required on behalf of the client. 

PAYMENT METHODS

Invoices can found listed under 'Pending Invoices' in the 'My Account' section of the Roma Numismatics' website, and can be paid directly through the site by selecting the preferred payment option of BACS, PayPal or Credit/Debit card. Payment by Cheque or Cash is available for UK customers only.