Auction Rules
 
Welcome to Huggins and Scott Auctions, the Nation's fastest growing Sports & Americana Auction House. With this catalog, we are presenting our most extensive list of sports cards and memorabilia to date, plus a unique array of historically significant Americana items as well. We hope you enjoy this.

VERY IMPORTANT: Due to size constraints and the cost factor in the print version of most catalogs, we are unable to include all pictures and elaborate descriptions on every single lot in the auction. However, our website has no limitations, so we have added many more photos and a much more elaborate description on virtually every item on our website. Well worth checking out if you are serious about a lot!
WEBSITE: WWW.HUGGINSANDSCOTT.COM

Here's how we are running our March 7th and 8th, 2007 auction:

BIDDING BEGINS ON WED. FEBRUARY 21 AT 10:00am EST

Our auction was designed years ago and still remains geared toward affordable vintage items for the serious collector. We describe and photograph each item in the most clear and easy to understand way possible. However, WE LOVE QUESTIONS! Call us anytime locally at 301-608-0355 or toll free at 1-866-462-2273. Always leave a message if you get our machine. It's always the first thing we check everyday.

REGISTRATION:

You must pre-register to bid. You can do this over the phone on our toll free number (1-866-462-2273) or online at www.hugginsandscott.com. Our local phone number is 301-608-0355. Should you choose the online method and have any problems, please call us for assistance. Our normal business hours are Monday-Friday 11-7, Saturday 11-6, Sunday 12-5 Eastern Standard Time.

Once registered you are eligible to bid. At the time of registration, you will create a User ID and Password, that you are responsible for; you will use that same User ID and Password everytime you log into our site. Bidding is done online or by telephone.

3-STEP BIDDING PROCESS:

STEP 1) Initial Bids

You must place an acceptable, initial bid on an item by 9:00pm on the night the item ends, in order to proceed to STEP 2. A way to check if your bid was accepted is to go to "My Bid List". If the item you bid on is listed there, you are in. You can now sort your bid list by which lots you hold the current high bid for, and which lots you have been outbid on. IF YOU HAVE NOT PLACED A BID ON AN ITEM BEFORE 9:00pm EST (on the night the item ends), YOU CANNOT BID ON THAT ITEM AFTER 9:00pm EST, in the extended bidding session (STEP 2). However, at 9:00pm on March 7th, if you are the only bidder on an item that ends on March 7th, that item will close and you will be declared the winner. We cannot stress enough, you will want to get your bids in early. For example, once you get your catalog, if you were to place a bid (even if you get outbid by another bidder) on every item that you are interested in, you are good to go and will be allowed to bid in the last 2 hours of the auction on both nights, without the possibility of being shutout.

STEP 2) Extended Bidding Session

Between 9:00pm and 11:00pm is our "extended bidding session". This period of bidding is getting you ready for the end. You are welcome to continue placing bids on any item that you have previously bid on, but you may not jump in on a new item during this time.

STEP 3) Unique Auction Ending Style

Now adopted by most major auction houses; You're Welcome!

Years ago, for some unknown reason, most other auction houses adopted the procedure to end entire auctions all at one time. Our way is much more bidder friendly. Here's how it works: Bidders have our catalog for roughly two weeks prior to the auction's end, giving them ample opportunity to place an initial bid before 9:00 pm on the item's end date. Lots will then begin closing at 11:00pm on their respective end dates. If only one bid has been received prior to 9:00 pm, the lot will officially close at 11:30pm EST (See "Step 1" above). If there have been two or more bids on a particular item, that item will remain open until 30 minutes have passed without any additional bids on that item. A 30-minute timer is provided for each lot and will be automatically reset every time a new bid is made on that lot. If you up your own high bid in the last 30-minutes, the 30-minute clock will NOT reset. Bids on items will continue to be accepted between 9:00pm and 11:00pm from any bidder that has bid on the item prior to 9:00pm (Extended Bidding Session). Based on these rules, no lot with two or more bids prior to 9:00pm can close prior to 11:30pm EST.

Here are some examples:

a) Two bidders named A & B are the only two who have bid on Lot 420 prior to 9:00pm on the day that the lot ends. Only Bidders A & B can bid on Lot 420 after 9:00pm At 11:00pm, Bidder A was the high bidder on Lot 420. If no one else bids before 11:30pm, Bidder A will win the auction. If, however, Bidder B bids again at 11:27pm, the new end time for Lot 420 is 11:57pm, giving Bidder A another 30 minutes to raise his bid. No other auction lots are affected by A & B's bidding on Lot 420.

b) If Bidder A was the only bidder on Lot 420 at 9:00pm, he automatically wins the lot at 11:00pm.

This format accomplishes two very bidder-friendly things: it prevents snipers, as once you bid the clock resets for 30 minutes even if you bid with 1 second left. Also, it allows people to know they have won an item without having to wait for every item in the auction to close.

We are sure that once you read and use this bidder-friendly Auction Ending style, you'll appreciate, as we do, that it is just "a better mousetrap." However should you have any questions about this procedure, PLEASE call us on our local or toll free number.

BIDDING INCREMENTS:

If the current bid is: The bid increment is:
$50.00 - $249.99 $10.00
$250.00 - $499.99 $25.00
$500.00 - $999.99 $50.00
$1000.00 - $2499.99 $100.00
$2500.00 - $4999.99 $250.00
$5000.00 - $9999.99 $500.00
$10,000.00 - $24,999.99 $1000.00
$25,000.00 - $49,999.99 $2500.00
$50,000.00 - $99,999.99 $5000.00
$100,000.00 - $249,999.99 $10,000.00
$250,000.00 - $499,999.99 $25,000.00
$500,000.00 - $999,999.99 $50,000.00
$1,000,000.00 and over $100,000.00

A few examples for those of you that may not understand:

  1. If an item has an opening bid of $200 and does not have a bid, you can click on the drop box and you have the option at bidding $200, $210, $220, $230, $240, $250, $275, $300, $325, $350, $375, $400, $425, $450, $475, $500, $550, $600 and so on.

  2. If an item's bid currently stands at $1800, your options for bidding are $1900, $2000, $2100, $2200, $2300, $2400, $2500, $2750, $3000 and so on.

  3. Let's say an item currently stands at $750. You enter a max bid of $850 and the system comes back and says that you've been outbid and the current bid is now $850. Simply, this means that the other bidder's max was also $850, placed BEFORE YOUR BID, and one more bid will make you the current high bidder. You can enter the next acceptable bid of $900 and you will be the current high bid.

PAYMENT OPTIONS

We accept personal checks, business checks, money orders, bank checks, wire transfers and cash. We WILL NOT accept credit cards or Paypal for auction items (unless pre-authorized before the auction ends. Call for details).

FOLLOWING THE AUCTION

We will send winning bidders an email as well as written invoices the week following the auction. Payment is requested within 15 business days from the end of the auction. Extremely late or non-payments may result in the revocation of bidding privileges for future auctions. Please note: when you bid on an item, you are entering a legally binding contract, indicating that you will pay for your items, plus the buyers' premium and any additional associated fees (sales tax, shipping, insurance, etc...). You are responsible for any and all bids placed with your User ID and password.

MORE ABOUT OUR AUCTION

  1. All items are sold to the highest bidder.

  2. Buyer's Premium and Sales Tax - A 15% BUYER'S PREMIUM will be added to the final hammer price of each item. In other words, if your high bid of $500 wins an item, your actual cost will be $575 (plus shipping, insurance and tax, if applicable). This is added to the item before any sales tax (5%), which is applicable to all Maryland residents ONLY!

  3. Shipping - Is the buyer's responsibility. We will work with you on larger lots to find the best way. All items must be fully paid for, including shipping and insurance, before they will be sent out. We strongly encourage any local bidders to pick up their winnings at our Office or at the House of Cards.

  4. Return Policy - ALL LOTS ARE SOLD AS IS! We have conservatively graded most items, however we strongly encourage you to ask specific questions or better yet, come view the items you are interested in. If you are unsure of anything, ask, then bid. We reserve the right to make any changes from the print catalog on our website. Any changes that are made, we will notify all who have placed bids on that item by email.

  5. Bidding Privileges - Huggins and Scott LLC reserves the right to revoke any bidder privileges for what we deem as unethical behavior.

    PLEASE NOTE: Once a bid is placed, we CANNOT retract it. We have two safeguards to make sure that you are aware of the bid that you are placing, and which lot you are bidding on. Bid retraction will result in cancellation of all bids in the auction and bidding privileges revoked. WE CANNOT COMPROMISE THE INTEGRITY OF THE AUCTION BY CANCELLING BIDS.

  6. Previewing Items Before the Auction - All items are available for viewing at the House of Cards: 900 Silver Spring Ave, STE B, Silver Spring, MD 20910. Calling in advance for an appointment is strongly SUGGESTED. We ask that you provide a list of the items that you want to examine, so we may have them ready for you. No appointments will be allowed on March 7th or 8th.

  7. All bids are in US Dollars!
About Our Autographs:

All autographs sold thru Huggins & Scott Auctions come with either a JSA- James Spence Authentication (our most used), PSA/DNA, Upper Deck Authenticated (UDA) or Steiner COA's. Some even have more than one. At Huggins & Scott, we take great pride in only offering "IRONCLAD", "LEAD PIPE", "NO QUESTIONS ASKED" autographs. In today's world of autopens, secretarial, clubhouse and ghost signers, you can rest assured that your autographed items from H&S have passed the most stringent examination.

Multiple Autographed Item Lot LOA's: On lots with more than one autographed item, we will issue one blanket auction letter of authenticity for the entire lot. This is the original letter that we receive from the authentication company describing the offered lot. This is the only way that these lots can be sold through any auction house; rest assured though, the lots have been thoroughly examined, in detail, to assure their authenticity. Issuing individual letters for each autographed item would not be possible, in terms of cost. You may use the original auction LOA to obtain individual LOA's should you chose to do that. Please call if you have any questions regarding these auction lot LOA's.

ONE VERY IMPORTANT NOTE: CERTAIN LOTS THAT CONTAIN A LARGER NUMBER OF AUTOGRAPHED PIECES, WHILE ACCOMPANIED BY A LOA, MAY CONTAIN A SMALL SMATTERING OF SECRETARIAL OR PRE-PRINTED AUTOGRAPHS. THESE ARE PART OF THE LOT AND ARE NON-RETURNABLE OR REFUNDABLE.

About Our Grading:

Many lots, throughout the auction have been Professionally graded and encapsulated by independent grading companies. Many other lots have been graded by our highly educated writers. For the most part, these are conservative grades, but we are human and sometimes we may miss something. We strongly recommend that you come look at any items that you are bidding on, and make your own determination about it's grade.

Becoming one of Our Field Representatives:

Huggins and Scott Auctions is a constantly growing company. Since our last auction (October 2006), we have added more staff as well as field representatives in three additional states. Should you have an interest in joining our staff, we are always looking for part-time field representatives in new areas. Call our main office toll free 1-866-462-2273 and ask for Bill Huggins; itís a no lose situation for you, as well as a chance to make some serious money.

Consignments For Our Next Auction:

We have already begun taking consignments for our next auction. By consigning your items early, you allow us the opportunity to advertise your items on our website, in trade publications and press releases, as well as at major shows across the country. This is an invaluable way to expose your items to our thousands of current bidders and possible new bidders, who can then plan ahead to bid on your items. Believe me, it happens!
We are always looking for unique Americana items to try in our catalog. Even if you have something you donít see (primarily 1960sís and older, though), feel free to call us and discuss it. You may have a pile of gold thatís just hidden under a little dust, or needs the right exposure!
Contact one of our representatives listed below to discuss the sale or consignments of your cards and other treasures.