NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2014 Sep 18 @ 15:00UTC-7 : PDT/MST
Pre-sale bidding is available on our website, www.stevealbum.com, and is also available via email. You can find bidding instructions here: http://db.stevealbum.com/php/how-to-bid.php
We reserve the right to adjust the opening bid levels higher (or lower) than they are currently set. If you have any questions, please contact us.
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HUNAN SOVIET: AE 20 cash, ND (1931), countermarked hammer & sickle within five-pointed star on Imperial Hu Poo (Ministry of Finance) Y-5 type struck at the Tianjin mint, very rare with perfectly clear countermark! VF to EF on worn host.
The only references to these were from the 'Money Company' coin auction of September 1984 and a Gregory G. Brunk article in the Numismatics International "Bulletin" of July/August 2009. This coin was picked from bags containing 30,000 coins put aside during WWII as the Japanese were melting Chinese coppers for the war effort. Only 100 of these countermarked pieces were found in the bags on various host coins of which about 20% had clear countermarks.
Auction Location:
P.O. Box 7386, Santa Rosa, California, 95407, United States
Previewing Details:
Lots may be viewed in our office in Santa Rosa, California (by appointment only), subject to our scheduling availability.
Select lots will also be available for viewing at the Long Beach Coin Expo, September 4-6, 2014, in Long Beach California.
California sales tax of 8.75% will apply to all deliveries inside California which total under $1,500 unless a valid resale card is on file before lots are shipped.
Taxes:
| Tax | Rate | Desc. |
| CA |
8.75% |
California Sales Tax |
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
19.5% |
Additional Fees:
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(1) Auction Basics. This is a public auction sale conducted by
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Stephen Album Rare Coins Inc. cannot accept any responsibility
whatsoever for customs duties charged by the country of
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(7) Financial Responsibility. In the event any applicable conditions
of these Terms of Sale herein are not complied with by a Buyer or
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by Buyer as liquidated damages, it being recognized that actual
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a commercially reasonable manner, which may include a public or
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reasonable cost of such sale, together with any incidental costs of
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without limitation, commissions, handling charges, carrying
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Rare Coins Inc. for any deficiency if the proceeds of such sale or
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right to offset any sums due, or fund to be due to Stephen Album
Rare Coins Inc., and to make such offset from any past, current, or
future consignment, or purchases that are in the possession or
control of the Auctioneer or from any sums due to Buyer by
Stephen Album Rare Coins Inc., its affiliates and assignees. In
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Stephen Album Rare Coins Inc., or its assignees, a security interest
in: (x) the purchased lots and their proceeds, and (y) such sums or
other items and their proceeds, in the possession of Stephen
Album Rare Coins Inc., its affiliates or assignees, to secure all
indebtedness due to Stephen Album Rare Coins Inc., plus all
accrued expenses, carrying charges, attorney fees, and costs, until
the indebtedness is paid in full. Buyer grants Stephen Album Rare
Coins Inc. the right to file a UCC-1 financing statement for such
items, and to assign such interest to any affiliated or related
company or any third party deemed appropriate by Stephen
Album Rare Coins Inc. If the auction invoice is not paid for in full
by the Default Date, a carrying charge of one percent (1%) per
month may be imposed on the unpaid amount until it is paid in
full. In the event this interest rate exceeds the interest permitted
by law, the same shall be adjusted to the maximum rate
permitted by law, and any amount paid in excess thereof shall be
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attorney's fees, court costs and other collection costs incurred by
Stephen Album Rare Coins Inc. or any affiliated or related
company to collect past due invoices or to interpret or enforce
the terms hereof or in any action or proceeding arising out of or
related to the Auction. Stephen Album Rare Coins Inc. reserves
the right to assign its interest to any third party. To the extent
that the Buyer for any lot consists of more than one person or
entity, each such person or entity is jointly and severally liable for
all obligations of the Buyer, regardless of the title or capacity of
such person or entity. Stephen Album Rare Coins Inc. shall have all
the rights of a secured party under the California Uniform
Commercial Code and all rights of the consignor to collect
amounts due from the Buyer, whether at law or equity.
(8) Disclaimer and Warranties.
a) Coins listed in this catalog graded by PCGS, NGC or ANACS
cachet or any other third party grading service or examined
by the buyer prior to the auction sale may not be returned
for any reason whatsoever by any Buyer, except for claims
related to authenticity.
b) For non-certified coins that have not been examined by the
Buyer prior to the Auction: if it is determined in a review by
the Auctioneer that there is a material error in the catalog
description of a non-certified coin or the coin is not
authentic, such lot may be returned, provided written notice
is received by the Auctioneer no later than seventy-two (72)
hours of delivery of the lots in question, and such lots are
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their original, containers, no later than fourteen (14)
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were delivered to the Buyer, time being of the essence.
c) If an item or items are returned pursuant to the terms
herein, they must be housed in their original container. Late
remittance or removal of any item from its original
container, or altering a coin constitutes just cause for
revocation of all return privileges.
d) Grading or condition of rare coins may have a material effect
on the value of the item(s) purchased, and the opinion of
others (including independent grading services) may differ
with the independent grading services opinion or
interpretation of the Auctioneer. Auctioneer shall not be
bound by any prior, or subsequent opinion, determination
or certification by any independent grading service.
e) All oral and written statements made by Stephen Album
Rare Coins Inc. and its employees (including affiliated and
related companies) are statements of opinion only, and are
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as a specific written warranty, and no employee or agent of
Stephen Album Rare Coins Inc. has authority to vary or alter
these Terms and Conditions of Auction. Any alteration shall
be effective only if in writing and signed by an officer of
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Album Rare Coins Inc. reserves the right to vary or alter the
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or alteration shall be effective only if in writing and signed
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g) Bidder acknowledges that the coin market is speculative,
unregulated and volatile, and that coin prices may rise or fall
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purposes will be able to sell for a profit in the future.
h) Bidder acknowledges and agrees that neither Stephen
Album Rare Coins Inc., nor its employees, affiliates, agents,
third-party providers or consignors warrant that auctions
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actions and suits, of whatever kind or nature, including but not
limited to claims based upon Auctioneer’s negligence, whether in
law or equity, whether known or unknown, suspected or
unsuspected (a "Claim"), which Bidder may assert with respect to
and/or arising out of, or in connection with any challenge to the
title to or authenticity of any goods purchased, the sale itself, any
lot bid upon or consigned, and/or the auction, except where such
Claim is otherwise expressly authorized in these Terms of Sale. It
is the intention of Bidder that this waiver and release shall be
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otherwise conferred upon him by the provisions of Section 1542
of the California Civil Code, which reads in full as follows:
"A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE
CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER
FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF
KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS
OR HER SETTLEMENT WITH THE DEBTOR."
(10) Disputes. If a dispute arises concerning ownership of a lot or
concerning proceeds of any sale, Stephen Album Rare Coins Inc.
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proceeding at the expense of the Consignor and Buyer and any
other applicable party, and in such event shall be entitled to its
reasonable attorneys' fees and costs. Stephen Album Rare Coins
Inc. reserves the right to cancel or postpone the Auction or any
session thereof for any reason whatsoever. No Bidder shall have
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consequential damages. Neither Stephen Album Rare Coins Inc.
nor any affiliated or related company shall be responsible for
incidental or consequential damages arising out of any failure of
the Terms of Sale, the auction or the conduct thereof and in no
event shall such liability exceed the purchase price, premium, or
fees paid. Rights granted to Bidders under the within Terms and
Conditions of Auction are personal and apply only to the Bidder
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person or entity, whether by sale of the lot(s), operation of law or
otherwise. Any attempt to assign or transfer any such rights shall
be absolutely void and unenforceable. No third party may rely on
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Auction.
(11) General Terms. These Terms and Conditions of Auction and
the auction shall be construed and enforced in accordance with,
and governed by, the laws of the State of California, regardless of
the location of the Auction. Any dispute arising out of or related
to these Terms of Sale, the Auction or any lot, with the sole
exception of actions by Stephen Album Rare Coins Inc. to collect
amounts owed to it and other damages, shall be submitted to
binding arbitration pursuant to the rules of the International
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requirement to arbitrate, over any dispute(s) arising hereunder,
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Bidder further agrees that venue of the arbitration proceeding
shall be in Sonoma County, California; and any court proceeding
shall be in the Sonoma County Superior Court, in the State of
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respect to this Auction is barred unless commenced within one (1)
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information on our website constitute the entire agreement
between the parties hereto on the subject matter hereof and
supersede all other agreements, understandings, warranties and
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or advances to Consignors and/or Bidders.
(12) Special Services. If you wish to limit your total expenditures,
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in your behalf, due to the speed of the auction sale and the
sometimes crowded conditions, we cannot be responsible for
failure to execute such a bid properly.
We invite you to take advantage of the optional 10% to 30%
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the appropriate place on your bid sheet.
Stephen Album Rare Coins Inc. auctions are not approval sales.
Bidding in this auction sale constitutes unconditional acceptance
by the Bidder of the foregoing terms of sale.