All Payments by check over $500 from out of state will require a bank letter of credit or will be held until cleared. Remember, a 20% Internet Buyer's Premium will be added to your bid price to arrive at the total purchase price. There is no discount for CASH PAYMENT. Payment may be made in person for all local buyers. Local buyers may pay by paypal check or cash. INVOICING You will be billed for your lots and shipping together. This allows us to give you the absolute most efficient cost for sending you your items. If you leave mail bids or leave them “on the book”, we will call,email or mail your invoice and hold items until payment clears. RETURNS The auction is absolute and the sale is a legally binding contract. The only reason we will accept a return is if a lot proves to be inauthentic, altered or counterfeit. Excelsior Auction Co. as a matter of policy does not knowingly sell material of this nature. If such items have inadvertently been sold and can be proven by third party authentication (or to our satisfaction) to be inauthentic, altered or counterfeit, we will promptly refund the purchase price and shipping. Buyers will need to notify us within 10 days of receipt. A WORD ABOUT GRADING AND CLEANING We will describe the grade of coins we sell to the best of our ability in the catalog. Coin holders may contain written grades. These are often left over from the estate, or have been written by a collector consigning his or her collection to us…sometimes decades ago. The photographs we provide should allow you to grade the coins accurately. Circulated type coins and world coins were often cleaned in the past. If this is obvious or harsh, it will be noted in the catalog but it is not our place to try and determine if every lot has been cleaned. If the cataloger notes a coin is “original”, in his opinion a coin shows original surfaces. Numeric grades will not be used unless a coin or note has been certified by one of the four major grading services (PCGS, NCG, ANACS and ICG). PCGS Photograde is the standard your cataloger uses for US coins. Similar references are used for British and Canadian coins. World and Ancient coins along with paper money will be described based on nearly a century of combined numismatic experience. Still, grading opinions are meant to be a guide and are not a guarantee.