Sales Terms & Conditions

At least twice a year the society holds a Postal Bid Sale of stamps and postal history, comprising around 1000-2000 lots reserved from $NZ 1 to over $NZ 1000.

Many of these are from estates, where the Society has been selected to dispose of the material. The Society charges members a 15% vendor commission (20% for non-members, or for members' lots requiring lotting) and there is no Buyer's commission. Lots are GST (Goods & Service Tax) exempt.

Lots can be viewed at the Office in the weeks prior to sale date. Lots are not sent out for inspection but can be returned within 14 days if not as described.

Please read the Conditions of Sale below.


 CONDITIONS OF SALE

CURRENCY: Reserves are in NZ Dollars. Bids must be made in NZ Dollars. Overseas bidders are recommended to pay by Credit Card (Visa or Mastercard only) or Paypal, but payment is also accepted by Bank Draft in US Dollars, Sterling or Australian Dollars. Limit cheques are no longer accepted

RESERVE PRICES: This sale is a Reserve Sale. Bids under the Reserve are not accepted. As a guide, most reserves are likely to be a third to one quarter of catalogue value, or less.

DESCRIPTIONS: Lots are described by Vendors and Catalogue Values are as stated by Vendors. If you are not satisfied with the description or the lot is not as described, lots must be returned immediately for a refund.

BIDDING:
Bidding increments are as follows:

under $5          $0.50
$5 to $9            $1
$10 to $49        $2
$50 to $99        $5
$100 to $299    $10
$300 to $499    $25
$500 to $1000  $50
over $1000      $100

Non-conforming bids will be rounded DOWN. Lots will be sold at a maximum of one increment above the second highest bidder, or at Reserve in the case of a single bid. In the case of two equal bids, the first receives precedence. You do not need to be a member of the Society to bid. Bids cannot be received from minors without parental consent.

Bids should be mailed to this address

Postal Bid Sale
Royal Philatelic Society of New Zealand
PO Box 1269
Wellington
NEW ZEALAND

to reach the Society no later than Noon on the Sale date. Bids can be emailed to This email address is being protected from spambots. You need JavaScript enabled to view it. .  Bids can be telephoned to the Society at (64 4) 589 9530, but no responsibility can be taken for the accuracy of transcribed telephone bids.  If bids are being sent without using the supplied form, please ensure all relevant information is supplied.

LIMIT: You may place a Limit on your expenditure (excluding p&p) and therefore bid on more lots than you normally might. Successful bids are allocated in ascending Lot# order. Thus if you found $1000 of items you would like to bid on, but your budget is only $500, you could place a $500 Limit, but still enter bids on all $1000 worth. P&P is excluded from the Limit.

OR BIDS: If you want only one of two similar lots, enter an OR Bid. For example- #134 $55 OR #237 $60. If you win the first, your bid on the second is ignored. Unfortunately, our system processes bids in strict Lot# order so we cannot cope with options like #237 $60 OR #134 $55. The bid on #134 would be actioned first. We also cannot process OR Bids covering more than two lots, for example #134 $55 OR #135 $55 OR #136 $50 nor can any one Lot# appear in more than one pair of OR Bids. Despite these limitations, it is quite a useful option. Non-conforming combinations will be converted to stand-alone bids.

PAYMENT: Accounts will be sent to successful bidders. Accounts not paid by Credit Card should be settled by return mail. Any lot not paid for within 10 days will be deemed to be abandoned, and may be resold, or returned to the Vendor at the Vendor's option. Any expenses will be for the account of the bidder.  We can accept payment by Paypal to This email address is being protected from spambots. You need JavaScript enabled to view it. , and Direct Credit to our NZ account 030501 0156750 00.

DISPATCH:Lots paid for in advance will be dispatched first. Lots paid for by cheque will be sent following Bank clearance.  Please remember to advise if you wish Courier mail or Airmail to be used, otherwise standard postage will be used.  Postage and any packaging required will be charged at cost.  Realisations will accompany successful bidders invoices. Lots in transit to successful purchasers are covered by the Society's insurance.