Conditions of Sale
Buy and Sell with a trusted expert!
100% Successful Sale Rate.
0% Buyers Premium Auction.
Sellers cannot bid on their own lots.
Buying?
No buyers premium. The price you bid is price you pay including all costs.
Local Shipping in South Africa will be R250 delivered to your door with insurance covered by us. No risk on the buyer or seller.
We ship worldwide fully insured by us. Rates will depend on the destination and size of packages. Please contact our sales team for a quote.
No collections for security reasons unless you have a trading history with us and strictly by appointment only.
Payment must be settled in 3 days by EFT Payment. No cash or cash deposits.
Selling?
Sell with a trusted expert!
100% Confidentiality Assured.
Now accepting quality consignments. Please contact us if you need to sell your coin collections on auction. We will gladly assist you in selling your coins: bid@ewaan.co.za
We charge sellers a flat rate of 17.25% which is inclusive of Vat on the seller’s premium. This covers free insurance to our buyers.
All auctions are done and hosted by EWAAN Galleries. All items will need to be shipped to us for the auctions.
Please note we do not auction any SANGS graded coins.
Under no circumstances are sellers allowed to place any bids on their own lots. We take this very seriously and will take immediate action on this. If any sellers try to bid on their own lots by themselves or by using others please note the following:
1) WE WILL MAKE THIS INFORMATION KNOWN TO OUR BIDDERS.
2) IF ITS PROVEN THAT ANY ILLEGAL BIDDING HAS TAKEN PLACE ON ANY LOT, THE LOT WILL BE FORFEITED AND SOLD ON NEXT AVAILABLE AUCTION AND ALL PROCEEDS WILL BE DONATED TO CHARITY. (THE SELLER WILL HAVE 0% CLAIM AGAINST EWAAN GALLERIES AND WILL LOSE 100% OF THE ITEM BECAUSE OF THE UNLAWFUL ACTIVITY.
3) THE SELLER WILL BE NAMED AND SHAMED ON OUR WHATSAPP GROUP SO THIS INFORMATION IS MADE CLEAR TO ALL OUR BIDDERS.
Kindly note all immediate payments are made to all sellers on the same night after the auctions close.
We are an authorised NGC Dealer in South Africa and can assist with your NGC Submissions. This can be verified on the NGC website. https://www.ngccoin.com/coin-dealer-locator/dealer/3151/
Contact Ahmed Tayob:
Telephone / WhatsApp: +27 82 890 8880
Email: bid@ewaan.co.za
Web: www.ewaan.co.za
1. Auction Basics. This is a public auction sale (“Auction Sale”) conducted by Ewaan Galleries (Pty) Ltd.
Bidding in this Auction Sale constitutes acceptance by you (“Bidder”) of all the Terms of Sale stated herein. Ewaan Galleries reserves the right to include in any auction sale its own material as well as material from consignors, affiliated or related companies. Ewaan Galleries or any of its consignors are not allowed to bid on any of their own lots. We take this very serious and will take immediate action on this. EWAAN Galleries believes in both privacy and transparency hence, if any of our serious bidders suspects any irregular bidding pattern on any lot and would like to see "THE BID SHEET", this information will be made available to our bidders.
Lots may carry a reserve (“Reserve”). A Reserve is a price or bid below which the Auctioneer will not sell an item. The Buyer is the Bidder who makes the highest bid accepted by the Auctioneer, and includes the principal of any Bidder acting as an agent.
2. Descriptions and Grading. Bidder acknowledges that grading of most coins and currency and in this Auction has been determined by independent grading services. Grading of rare coins and currency is subjective and, even though grading has a material effect on the value of the coins and currency, grading may differ among independent grading services and among numismatists. Ewaan Galleries is not responsible for the grades assigned by independent grading services, and makes no warranty or representation regarding such grades. Bidder further acknowledges and agrees that grades assigned by Ewaan Galleries and lot descriptions are based solely upon an examination of the coins and currency and are intended to identify coins and currency and note any perceived characteristics. However, coin grading and descriptions are subjective. Ewaan Galleries does not warrant the accuracy of such grading or descriptions, nor do they in any way form the basis for any bid. All photographs in this catalog are of the actual items being sold but may not be the actual size or to scale.
3. The Bidding Process. The Auctioneer shall have the right to open or accept the bidding on any lot by placing a bid on behalf of the Consignor or his or her agent; a Bidder by mail, telephone, SMS, Internet or WhatsApp; or any other participant in the Auction Sale. Bids must be for an entire lot and each lot constitutes a separate sale. All bids must be on increment as established by the Auctioneer. Non-conforming bids will be rounded down to the nearest half or full increment and this rounded bid will be the bidder’s high bid. No lot will be broken up unless otherwise permitted by the Auctioneer. Lots will be sold in their numbered sequence unless Auctioneer directs otherwise. All material shall be sold in separate lots to the highest Bidder as determined by the Auctioneer. Auctioneer shall have the right in its sole and absolute discretion to accept or decline any bid, establish bid increments, challenge any bid or bidding increment, to reduce any mail bid received, adjudicate all bidding disputes, to exclude any bidder and to determine the prevailing bid. The Auctioneer shall have the right, but not the obligation, to rescind the acceptance of any bid and place the lot(s) for Auction Sale again. Auctioneer’s decision on all bidding disputes shall be binding and final. For the mail and Internet Bidder’s protection, no “unlimited” or “buy” bids will be accepted. When identical bids are received for a lot, preference is given to the first bid received as determined by the Auctioneer. A mail bid will take precedence over an identical live bid. A Telephone Bidder and Live Internet Bidder must bid higher than the highest mail bid to be awarded any lot. All bids are final and cannot be cancelled or withdrawn without the express consent of the Auctioneer, in its sole discretion. Bids will not be accepted from persons under eighteen (18) years of age without a parent’s written consent which acknowledges the Terms of Sale herein and agrees to be bound thereby on behalf of the underage Bidder. The auction sale is complete when the Auctioneer so announces by the fall of the hammer or in any other customary manner.
Bidders who bid by telephone, either personally or through an agent, or through our live auction software receive a similar benefit as Live Bidders in being able to actively participate in the live Auction Sale (“Telephone Bidders” and “Live Internet Bidders”). Except as otherwise expressly provided in these Terms of Sale, NO PURCHASED ITEMS MAY BE RETURNED FOR ANY REASON. All prospective Bidders who examine the lot(s) prior to the Auction Sale personally assume all responsibility for any damage that Bidder causes to the lot(s). Ewaan Galleries shall have sole discretion in determining the value of the damage caused, which shall be promptly paid by such Bidder.
Certain auctions or auction sessions will be conducted exclusively over the Internet, and bids will be accepted only from pre-registered Bidders.
EWAAN GALLERIES IS NOT RESPONSIBLE FOR ANY ERRORS IN BIDDING. All Bidders should make certain to bid on the correct lot and that the bid is the bid intended. Once the hammer has fallen and the Auctioneer has announced the Buyer, the Buyer is unconditionally bound to pay for the lot, even if the Buyer made a mistake. Ewaan Galleries reserves the right to withdraw any lot at any time, even after the hammer has fallen, until the Buyer has taken physical possession of the lot. No participant in the Auction Sale shall have a right to claim any damages, including consequential damages if a lot is withdrawn, even if the withdrawal occurs after the Auction Sale.
4. Bidder Registration Required. All persons seeking to bid must complete and sign a registration card either at the auction or online, or otherwise qualify to bid, as determined in the sole discretion of the Auctioneer. By submitting a bid, the Bidder acknowledges that Bidder has read the Terms and Conditions of Auction Sale, the descriptions for the lot(s) on which they have bid, and that they agree to be bound by these Terms of Sale. This agreement shall be deemed to have been made and entered in South Africa. The Bidder acknowledges that the invoice describing a lot by number incorporates the catalog and Terms of Sale.
5. Buyer’s Premiums. A premium of Zero percent (0%).
6. Payment. Payment is due immediately upon invoice. Payment is delinquent and in default if not received in full, in good funds, within fourteen (14) calendar days of the Auction Sale (the “Default Date”), without exception, time being of the essence. Unless otherwise agreed in writing prior to the Auction Sale, all auction sales are payable strictly in South African Rands. All invoices will be made in South African Rands unless stated otherwise. Bank wires sent from a foreign bank are subject to an international bank wire fee of R500. Ewaan Galleries reserves the right not to release lots for which good funds have not yet been received. On any past due accounts, Ewaan Galleries reserves the right, without notice, to extend credit. Buyers agree to pay reasonable attorney’s fees and costs incurred to collect past due accounts. Buyers personally and unconditionally guarantee payment in full of all amounts owed to Ewaan Galleries. Any person submitting bids on behalf of a corporation or other entity, by making such bid, agrees to be personally jointly and severally liable for the payment of the purchase price and any related charges and the performance of all Buyer obligations under these Terms of Sale and Ewaan Galleries reserves the right to require a written guarantee of such payments and obligations.
8. Financial Responsibility. In the event any applicable conditions of these Terms of Sale herein are not complied with by a Buyer or if the Buyer fails to make payment in full by the Default Date, Ewaan Galleries reserves the right, in its sole discretion, in addition to all other remedies which it may have at law or in equity to rescind the sale of that lot or any other lot or lots sold to the defaulting Buyer, retaining all payments made by Buyer as liquidated damages, it being recognized that actual damages may be speculative or difficult to compute, and resell a portion or all of the lots held by Ewaan Galleries, in a commercially reasonable manner, which may include a public or private sale, in a quantity sufficient in the opinion of Ewaan Galleries to satisfy the indebtedness, plus all accrued charges, and Ewaan Galleries may charge a seller’s commission that is commercially reasonable. More than one such sale may take place at the option of Ewaan Galleries. If Ewaan Galleries resells the lots, Buyer agrees to pay for the reasonable cost of such sale, together with any incidental costs of sale, including reasonable attorney’s fees and costs, cataloging and any other reasonable charges. The proceeds shall be applied first to the satisfaction of any damages occasioned by Buyer’s breach, then to any other indebtedness owed to Ewaan Galleries, including without limitation, commissions, handling charges, carrying charges, the expenses of both sales, seller’s fees, reasonable attorneys’ fees, costs, collection agency fees and costs and any other costs or expenses incurred. Buyer shall also be liable to Ewaan Galleries for any deficiency if the proceeds of such sale or sales are insufficient to cover such amounts.
Buyer grants to Ewaan Galleries, its affiliates and assignees, the right to offset any sums due, or found to be due to Ewaan Galleries, and to make such offset from any past, current, or future consignment, or purchases that are in the possession or control of Ewaan Galleries; or from any sums due to Buyer by Ewaan Galleries, its affiliates and assignees. In addition, defaulting Buyers will be deemed to have granted to Ewaan Galleries, its affiliates and 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 Ewaan Galleries, its affiliates or assignees, to secure all indebtedness due to Ewaan Galleries and its affiliated companies, plus all accrued expenses, carrying charges, seller’s fees, attorney fees, and costs, until the indebtedness is paid in full.
9. Shipping. All local shipping in South Africa will be R250 fully insured by us. International shipping costs will be the buyer’s responsibility and all costs will be paid for by the buyer upon invoice. International shipping costs may vary depending on the destination and size of package.
10. DISCLAIMER AND WARRANTIES. NO WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE IS MADE OR IMPLIED ON ANY LOT. NO WARRANTY, WHETHER EXPRESSED OR IMPLIED, IS MADE WITH RESPECT TO ANY LOT EXCEPT FOR WARRANTY OF TITLE, AND IN THE CASE OF TITLE, AUCTIONEER IS SELLING ONLY THAT RIGHT OR TITLE TO THE LOT THAT THE CONSIGNOR MAY HAVE AS OF THE AUCTION SALE DATE. ALL LOTS ARE SOLD “AS IS” AND WITH ALL FAULTS. PURCHASER HEREBY ASSUMES ALL RISKS CONCERNING AND RELATED TO THE GRADING, QUALITY, DESCRIPTION, CONDITION, AND PROVENANCE OF A LOT.
COINS AND CURRENCY LISTED IN THIS CATALOG AS GRADED AND ENCAPSULATED BY NGC, PCGS, ANACS, ICG, PCGS CURRENCY, PMG, PCGS BANKNOTE GRADING, OR ANY OTHER THIRD PARTY GRADING SERVICE ARE SOLD “AS-IS” EXCEPT AS EXPRESSLY SET FORTH HEREIN AND MAY NOT BE RETURNED FOR ANY REASON WHATSOEVER BY ANY BUYER. ALL THIRD PARTY GRADING SERVICE GUARANTEES, INCLUDING AUTHENTICITY, ARE THE SOLE RESPONSIBILITY OF THE THIRD PARTY GRADING SERVICE AND NOT WARRANTIES OR GUARANTEES OF THE AUCTIONEER. BUYERS SHOULD CONTACT THESE THIRD PARTY GRADING SERVICES DIRECTLY WITH RESPECT TO ANY CLAIMS OR QUESTIONS THEY MAY HAVE CONCERNING THEIR GUARANTEES AND WARRANTIES. BUYERS ACKNOWLEDGE AND AGREE THAT AUCTIONEER IS NOT BOUND BY OR LIABLE FOR ANY OPINION OR CERTIFCATION BY ANY THIRD PARTY GRADING SERVICE.
• In the case of non-certified coins and currency that have neither been examined by the Buyer prior to the Auction Sale, nor purchased by the Buyer or Buyer’s agent at the Auction Sale, if it is determined in a review by Ewaan Galleries that there is a material error in the catalog description of a non-certified coin or currency such lot may be returned, provided written notice is received by Ewaan Galleries no later than seventy-two (72) hours of delivery of the lots in question, and such lots are returned and received by Ewaan Galleries, in their original, sealed containers, no later than fourteen (14) calendar days after delivery, in the same condition the lot(s) were delivered to the Buyer, time being of the essence. Non-certified coins and currency that have been either examined by the Buyer prior to the Auction Sale or purchased by the Buyer or Buyer’s agent at the Auction Sale, will not be granted return privileges, except for authenticity.
• All non-certified coins and currency are guaranteed to be genuine unless otherwise specified.
If an item or items are returned pursuant to the terms herein, they must be housed in their original, sealed and unopened container. Late remittance or removal of any item from its original container or third party graded holder, or altering a coin constitutes just cause for revocation of all return privileges.
• Grading or condition of rare coins and currency 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 Ewaan Galleries. Ewaan Galleries shall not be bound by any prior, or subsequent opinion, determination or certification by any independent grading service.
• Questions regarding the minting of a coin as a “proof” or as a “business strike” relate to the method of manufacture and not to authenticity.
• All oral and written statements made by Ewaan Galleries and its employees or agents (including affiliated and related companies) are statements of opinion only, and are not warranties or representations of any kind, unless stated as a specific written warranty, and no employee or agent of Ewaan Galleries has authority to vary or alter these Terms and Conditions of Auction Sale. Ewaan Galleries reserves the right to vary or alter the Terms of Sale, either generally or with respect to specific persons or circumstances, in its sole discretion. Any variation or alteration shall be effective only if in writing and signed by an officer of Ewaan Galleries authorised to do so.
• Ewaan Galleries is acting as an auctioneer. Title to the lots purchased passes directly from the Consignor to the Buyer. Accordingly, Ewaan Galleries is not making, and disclaims, any warranty of title.
• Bidders shall have no recourse against the Consignor for any reason whatsoever.
• Bidder acknowledges that the numismatic market is speculative and volatile, and that prices may rise or fall over time. Ewaan Galleries does not guarantee or represent that any customer buying for investment purposes will be able to sell for a profit in the future.
• Bidder acknowledges and agrees that neither Ewaan Galleries, nor its employees, affiliates, agents, third-party providers or consignors warrant that auctions will be unimpaired, uninterrupted or error free and accordingly shall not be liable for such events.
11. General Terms. These Terms and Conditions of Auction Sale and the auction shall be construed and enforced in accordance with, and governed by, the laws of South Africa, regardless of the location of the Auction Sale. These Terms of Sale and the information on the Ewaan Galleries website constitute the entire agreement between the parties hereto on the subject matter hereof and supersede all other agreements, understandings, warranties and representations concerning the subject matter hereof. If any section of these Terms of Auction Sale or any term or provision of any section is held to be invalid, void, or unenforceable by any court of competent jurisdiction, the remaining sections or terms and provisions of a section shall continue in full force and effect without being impaired or invalidated in any way. Ewaan Galleries may at its sole and absolute discretion, make loans or advances to Consignors and/or Bidders.
Please note: Transparent holders in which the auction lots are stored are to facilitate viewing and inspection of the lots and ARE NOT for long-term storage.
NGC and PCGS numbers provided are for bidder convenience only, we do not guarantee their accuracy. An incorrect NGC or PCGS number is not grounds to return a lot.
For PRICES REALIZED after the sale, call +27 82 890 8880. Preliminary prices realized will also be posted on the Internet soon after the session closes.
EWAAN Galleries
Africa’s Largest Numismatic Auctioneer
Website: www.ewaan.co.za
Email: bid@ewaan.co.za
ewaangalleries@gmail.com
Tel: +27 82 890 8880