Albersheim's Auction Instructions

To register for our internet auctions, please read the instructions below. Please note that by completing the registration form you are accepting all the terms listed below.


Before the Auction

Registration
Create an account on the Albersheim’s LLC web site here. You must have an approved account to bid in auctions. If you have previously registered on Albersheim’s LLC, then please use your previously established login and password to login for the current auction. You only need to register once to bid on all future auctions.

At our sole discretion, Albersheim’s LLC retains the right to revoke any account and any bids previously placed by that account. If you have any problems registering, please contact us. All registration and bidder information shall remain confidential.

Finding Items
Familiarize yourself with the web site. Go to the homepage where you will find links on the left hand side of the page to guide you in finding the categories of interest to you. You can also search by lot# and keywords in the titles and descriptions using the search box in the top left corner.


During the Auction

Bidding

The initial bidding period ending time for the current auction is listed at the top of the Auction page.  Please see the section below regarding extended bidding.  If you’re outbid, you’ll receive an email notification (please check your account settings to ensure that they’re set to send outbid notification emails). Placing a bid is a legal contract. Once a bid is placed, you can't retract it. We reserve the right to reject bids by any bidder.

In order to bid, open the full lot description of the lot you wish to bid on. Click on the BIDDING button or scroll to the bottom of the page to enter your straight or max bid (see explanations of the bid terms below). Not ready to place your bid? Click on the WATCH THIS LOT button to add the lot to your watch list.

The Auctioneer, its affiliates, and their employees/contractors may consign items to be sold in the Auction and may bid on those lots or any other lots.  Auctioneer or affiliates expressly reserve the right to modify any such bids at any time prior to the hammer based upon data made known to the Auctioneer or its affiliates.  The Auctioneer may extend loans, advances, or guaranteed reserves to certain consignors.

Placing a bid is acceptance of these terms.  Our business, our integrity, and our auction process is of the utmost importance to us!  We appreciate your cooperation, participation and your guarantee to follow our auction rules as set forth for all bidders and consignors. We wish you much luck and the highest level of enjoyment and success throughout the auction process. The collector has always been and will always be the driving force of the collectibles marketplace, and for that we thank you in advance for your participation!

Extended Bidding
We use "Extended Bidding" which means that if any lot receives a bid during the regular bidding time, the entire auction will use the "15 Minute Rule" after 7pm Pacific.  For each new bid, a 15 minute clock starts to count down for the ENTIRE auction.  Each new bid restarts the 15 minute clock.  Once the ENTIRE auction has gone 15 minutes without a bid, the auction will close.  However, Albersheim's reserves the right to close the auction at any time after 7:15 PM Pacific and there will be no warning as to exactly when the auction will close. You may bid on any lot during extended bidding, regardless if you bid on that lot before or not.

YOU MUST BID ON AT LEAST ONE LOT BEFORE 7PM PACIFIC TO BE ELIGIBLE FOR EXTENDED BIDDING!! 

We don't recommend sniping just before 7pm because there's a bid confirmation screen and there's always the possibility of internet connection issues, etc.  There's no reason to wait until the last minute to bid since the auction will almost certainly be extended at least 15mins, making sniping ineffective.  But remember, you must bid bfore 7pm to be eligible for Extended Bidding.

Extended Bidding makes for an exciting auction experience that can last for hours beyond the initial bidding period.  If you don't wish to watch the auction during the extended bidding time, it's highly recommended that you place a Max bid on your lots of interest so that you don't miss out!

If you requested a call back, we'll do our best to call you however we can't guarantee that we'll be able to contact before the close of the auction.  If you can't watch the auction, we highly recommend that you place a max bid.

Minimum Bids, Reserves, and Bidding Increments
The minimum bid is the least amount that we will accept for a lot. A reserve price is the confidential minimum, below which the consignor will not sell the property. Therefore, if the reserve price is not met, the lot will not be sold.  Bids up to the reserve may be executed by the house on behalf of the seller up to when the next bid in succession would hit the reserve. The overwhelming majority of lots do not have a reserve.

Reserve lots are not indicated as having a reserve until the final 72 hours of the auction.  During the final 72 hours of the auction, any lot with a reserve that has not been met will state 'reserve not met' until such time when the reserve is met.

The current high bid will be shown for each lot.  To bid, go to the individual lot page where you can view a pull-down menu of incremental bid amounts. You will have the option of selecting the next incremental bid (the lowest amount that the pull-down menu displays) or any bid higher than the next incremental bid.  All bids placed are maximum bids (maximum bids are explained below).

Bid increments are set at 10% increases for all lots.

Maximum Bids (also known as "Up To" and "limit" bids)
A Maximum Bid is the highest price that a bidder is willing to spend for a lot. When placing such a bid, you are instructing the auction program to competitively bid on your behalf up to (but not over) a given limit with the intention of winning the item at the lowest possible price. In the event that two or more bidders place the same Maximum Bid, then the earliest received bid will be recognized as the successful high bid.

Example: A lot is bid at $100 by Bidder A who has entered a max bid of $130. Bidder B attempts to top the current high bid of $100 with a bid of $110. This will cause Bidder A’s max bid to automatically move up to $121 (a 10% increment increase over $110). Bidder B will be informed that they are not the high bidder at $120, and that the next bidding increment is $133 (a 10% increment increase over $121).  If Bidder B enters a bid of $133, then Bidder B is now the high bidder at $133 which is over Bidder A’s max bid of $130.

Bidding Errors
Albersheim’s LLC IS NOT RESPONSIBLE FOR ERRORS IN BIDDING. A Bidder MUST make certain to bid on the correct lot and that the bid is the maximum (plus the Buyer’s Premium, shipping, and insurance fees) that the Bidder is willing and able to pay. Since other Bidders will be present and a re-offering could damage the momentum of the sale, the winning Bidder is unconditionally bound to pay for the lot, even if the Bidder has made a mistake.

Bid Notifications via Email
You will receive bid confirmations and outbid notifications via e-mail on every item for which you are bidding.  Some email programs will identify these e-mails as spam and will delete them or delay delivery. As this is out of our control, we strongly recommend users track their bids as we cannot guarantee timely delivery of the notification e-mails.

Monitor Your Items
To monitor your bids, click on the “My Account/Login" link which is on the top menu of every page on the web site.

Buyer's Premium
There’s a 18% Buyer's Premium for all lots. For example, should you win a lot for $1000, your actual cost will be $1180 (plus shipping, insurance, and tax, if applicable). The Bidder acknowledges and agrees that a 18% Buyer’s Premium will be added to the final price on all individual lots.

Description Errors
Albersheim’s LLC reserves the right to remove an item from our auction at any time. Errors in any listing or lot description, whether typographical, photographic. or technical will be dealt with at our discretion. The website may be updated during the auction to provide additional images or product information.

Autograph Authenticity of Items in Albersheim's Auctions
Every single autographed item that appears in an Albersheim’s LLC Auction (including group lots), is first extensively reviewed by industry autograph expert Richard Albersheim of Albersheim’s LLC.

Regardless of any letters of authenticity that may already accompany an autographed item in an auction,
all items are first reviewed by Richard Albersheim for authentication.

In reviewing each signature for authentication, Albersheim’s LLC uses a multi-level authentication process to provide peace of mind to our clients.  It includes but is not limited to:

      A.      Autograph Analysis
B.      Ink/Medium Scrutiny
C.      Object Evaluation
D.      Exemplar Comparisons
E.       Item Provenance
F.       Additional Consultation with Autograph Experts

Following the above authentication process, an autograph is deemed as genuine or not genuine:

       -If Albersheim’s LLC does not approve the autograph as genuine (regardless of any third party Letters of Authenticity that may already accompany the item), such item IS NOT INCLUDED in any auction.

       -If Albersheim’s LLC approves the autograph as genuine, that item will be included in auctions and will be accompanied by an Albersheim’s LLC Letter of Authenticity.

“I do my best to scrutinize each and every piece of autographed memorabilia that Albersheim’s LLC sells.  If I wouldn’t personally own the item as part of my collection, I won’t sell it.”   -Rich Albersheim

Any additional third party LOA that comes with an autographed item in an Albersheim’s LLC auction will be listed in the item description.

Should you need further authentication of an autographed item (prior to bidding), Albersheim’s LLC encourages interested bidders/clients to utilize the photographs available in the catalogue (web site or printed) and or consult with autograph experts of your choice before bidding.

Albersheims 60-Day Return Policy on Autograph Items Only:
Albersheim’s LLC offers a 60-day return policy for authenticity disputes of each item offered at auction. To make an authenticity claim under this policy, the original purchaser of record must abide by the following guidelines:

A.    The refund policy applies solely to the original purchaser of record from the auction or online store and may not be transferred to any third party.

B.      Albersheim’s LLC must be notified within sixty days of the close of the auction or store purchase for an authenticity dispute.

C.      The buyer must provide a written letter of rejection by an independent and recognized expert in the field.  Approved authentication experts include: PSA/DNA, JSA, Kevin Keating, Richard Simon, and Jim Stinson.  (Please note that any third party authentication fees associated with a rejection letter will not be a part of the refund amount and are the sole responsibility of the original purchaser of the item).  A  rendering  of non-opinion or an "unable to render an opinion" made by a 3rd party authenticator will not qualify as a verifiable opinion one way or another.

D.      The lot must be returned to Albersheim’s LLC in the same condition as it was on the auction end date.

E.       Albersheim’s LLC reserves the right to consult with respected third party authenticators to settle a dispute.

F.       Albersheim’s LLC and its agents will be the sole determinants of the authenticity of each and every piece sold. We are not bound by the opinion of grading services, third-party authenticators, or experts.

G.   The guarantree does not exend to the description of the lot condition due to the subjective nature of such evaluations


At Albersheim’s LLC sole discretion, we may or may not extend a refund, if necessary. Refunds will be issued for the original bid price and buyer’s premium associated only.  NO REFUNDS will be made for shipping charges.


Trading Card Authentication
PLEASE NOTE: All description references to PSA Population Reports, PSA SMR values, and PSA or SGC Set Registry rankings are accurate at the time the catalogue description is composed, and bidders are advised that this information is subject to change at any time.

Grading, condition, authenticity, and warranty of lots: There is a subjectivity to grading - especially the grading of cards. Every effort is made to verify the condition of each lot as described. We do not accept material for auction without careful scrutiny by not only ourselves, but, when necessary, by other leading authenticators. We cannot guarantee that every card described by us will receive exactly the same grade, or even be accepted for grading, by third party grading services.  Similarly, we cannot guarantee that every card graded by one third party grading service will in all cases receive exactly the same grade by another third party grading service. No warranty, whether expressed or implied, is made with respect to any grade, condition, or description, which can and do vary, even among experts.

Albersheim's 60-Day Return Policy - Game Used - Game Worn - Equipment
All items deemed as “game used” or “game worn” are extensively researched.  When a piece is not directly sourced from the player or player’s family, we do our due diligence to try and determine wear and/or usage of an item that would represent usage attributed to the particular athlete.  We do our best to research and find photo matches to the particular item or style.

All items that fall under this category will come with a Letter of Authenticity from Albersheim’s LLC.  If there’s a player letter or a letter of provenance, this will be included with the lot along with any documentation from 3rd party authenticators. This will be mentioned in our printed catalogue or online catalogue.

Our policy for game used/worn equipment is the same standard policy as our autograph authenticity policy.

Approved authenticators include: MEARS (jerseys), John Taube (bats), and Dennis Eskin (gloves).


After the Auction

Payment
Accepted forms of payment are check, money order, and wire transfer. For invoice totals under $500, payment may also be made by Visa, Mastercard, or Paypal.  There's a 3% fee on the invoice total when paying by credit card or Paypal.  For non-U.S. paypal payments, the fee is 4%.  American Express is not accepted.  The total invoice is the total of the lots won plus the buyers premium plus shipping plus insurance plus any applicable taxes.  All invoices should be paid in full within 14 days of the close of the auction. Copies of your invoice will be sent by postal mail and email within 3 days of the close of the auction. Please do not call or email our office regarding invoices prior to this date as it just slows down the process. Failure to pay your invoice in a timely manner will result in your bidding privileges being revoked.

All payments must clear prior to items being shipped.  Property will not be released to you, your agent, or a shipper for up to seven business days after payment in order to allow payment to clear. 

If paying by check or money order, payment must be mailed to:
Albersheim’s LLC
7582 Las Vegas Blvd S - Suite #530
Las Vegas, NV 89123

For Wire Transfers: please include your account name and lot numbers purchased as the “additional information” that you may provide when sending the wire transfer.  If paying by wire transfer, there will be an additional fee of $20 per our banking fees.

Any returned checks will incur a $50 bank fee and payment must then be made by money order or bank check.

LATE PAYMENTS AND NON-PAYING BIDDERS

If the full balance of your invoice is not paid within 14 days of receipt, a late fee of 1.5% will be added to the amount due.  Items will not be released for shipping until all payments, including late fees, are processed. Buyers who do not pay within 30 days are also classified as “Non-Paying Bidders” and Albersheim’s LLC reserves the right to withdraw bidding privileges in any and all future Auctions. Albersheim’s LLC reserves the right (without further notice to the Buyer) to resell any and all items won by the Buyer.

Shipping
Please allow up to 7 - 10 business days for items to be processed for shipping AFTER payments have cleared.

-The majority of items will be shipped USPS priority mail
-All shipments will be insured
-All shipments over $200 require signature confirmation
-All shipments with a value over $5,000 will be sent via Fed EX with signature confirmation
-Large/Bulky shipments may be sent via FedEx with signature confirmation

Contact us if you'd like to use an alternative shipping method.  Prior to bidding, please be aware of estimated shipping costs, especially for large or heavy lots.  Shipping out of the U.S. will cost substantially more.  You may contact Albersheim’s LLC for shipping estimates of any lot. Packages shipped internationally will have full-value declared on all shipping forms.  The Buyer is responsible for all duties and customs charges.

Sales Tax
Shipments made to Nevada will be charged an 8.15% sales tax unless the bidder has provided to Albersheim’s LLC a current and valid Nevada tax exempt resale certificate.

Unsold Lots
If a lot is unsold in the auction, it’s returned to the consignor. Albersheim’s LLC has the right to sell certain unsold items after the close of the Auction. Such lots shall be considered sold during the Auction and all these Terms and Conditions shall apply to such sales including but not limited to the buyer’s premium, return rights, and disclaimers.


Additional Terms and Conditions

As Is
All property is sold “as is” without any representations or warranties by Albersheim’s LLC or the Consignor as to the merchantability, fitness for a particular purpose, the correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, provenance, exhibitions, literature, or historical relevance of any property and no statement anywhere, whether oral or written, whether made in the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, or elsewhere, shall be deemed such a warranty, representation, or assumption of liability.  Albersheim’s LLC and the Consignor make no representations or warranties, express or implied, as to whether the purchaser acquires any copyrights, including but not limited to, any reproduction rights in any property.  The purchase of any letter or document does not give the buyer any copyright ownership.  Albersheim’s LLC and the Consignor are not responsible for errors and omissions in the printed catalogue, on-line catalogue, or any supplemental material or in regards to the failure of the auction program to execute any bids on behalf of the bidder.

All descriptions, photographs, illustrations, and terminology including but not limited to words describing condition (including any condition reports requested by Bidder), authorship, period, culture, source, origin, measurement, quality, rarity, provenance, importance, exhibition, and relevance, used in the catalog, bill of sale, invoice, or anywhere else, represent a good faith effort made by Albersheim’s LLC to fairly represent the lots and property offered for sale as to origin, date, condition, and other information contained therein; they are statements of opinion only. They are not representations or warranties and Bidder agrees and acknowledges that he or she shall not rely on them in determining whether or not to bid or for what price. Price estimates (which are determined well in advance of the auction and are therefore subject to revision) and condition reports are provided solely as a convenience to Bidders and are not intended nor shall they be relied on by Bidders as statements, representations or warranties of actual value or predictions of final bid prices.

Trademarks, Copyrights, & Restrictions
All materials on this site, including, but not limited to, images, illustrations (the "Materials") are protected by copyrights which are owned or licensed by Albersheim's. You may not reproduce, perform, create derivative works from, republish, upload, post, transmit, or distribute in any way whatsoever any Materials from Albersheim's or any other web site owned or operated by Albersheim's without the prior written permission of Albersheim's. However, you may download or make one copy of the Materials, and other downloadable items displayed on the site, for personal non-commercial home use only, provided all copyright and other notices contained in the Materials are left intact. Any modification of the Materials, or any portion thereof, or use of the Materials for any other purpose constitutes an infringement of the Albersheim's copyrights and other proprietary rights. Use of these Materials on any other web site or other networked computer environment is prohibited without prior written permission from the Albersheim's. 


Additional Terms
If a winning bidder does not honor his or her bid with payment in full per the auction rules, then it is agreed that Albersheim’s LLC may, at its sole discretion, sell the given item(s) to an under -bidder, or re-offer the given lot(s) in a future auction, and that the original winning bidder is responsible for any losses incurred or service charges involved in the sale of said item(s), and that the non-paying winning bidder explicitly agrees to pay any and all reasonable legal fees incurred by Albersheim’s LLC in the collection of these losses and/or service charges from the non-paying winning bidder if necessary.

The title to each lot will remain with Albersheim’s LLC or the Consignor until payment has cleared.  Albersheim’s LLC retains the right to withdraw any item in the sale prior to the closing date of the sale for any reason whatsoever and shall have no liability for such withdrawal.  Any necessary corrections to the printed catalogue shall be published in the Addenda on-line.  All capitalized heading and lot description references to PSA – SGC population reports, SMR values, and PSA set registry rankings are as of the time that this auction was produced.  We reserve the right to reject a bid from any bidder. The highest bidder acknowledged by us shall be the purchaser. In the event of any dispute between bidders, or in the event we doubt the validity of any bid, we shall have sole and final discretion either to determine the successful bidder or to re-offer and resell the article. If any dispute arises after the sale, our sales records shall be conclusive in all respects. If we are prevented by fire, theft or any other reason whatsoever from delivering any property to the purchaser, our liability shall be limited to the sum actually paid therefore by the purchaser and shall in no event include any incidental or consequential damages.

The bidder expressly authorizes Albersheim’s LLC to rescind the sale of any lot for any reason, including but not limited to, if it is learned that the lot may not be authentic, or may be a forgery or counterfeit; the item is damaged and/or there is outside dispute with title/ownership of the said item/lot. Upon notification of rescission the bidder agrees to indemnify Albersheim’s LLC in all legal capacities.

Albersheim’s LLC retains the right to cancel any sale if payment is not received within 30 days following the closing date of the auction.  Albersheim’s LLC retains the right to revoke future bidding privileges for accounts that are not paid in full within 30 days following the closing date of the auction.  If a winning bidder does not pay an invoice in full within 30 days following the closing of the auction, Albersheim’s LLC Auctions retains the right to cancel the sale and return the items to the consignor(s), sell the given items to an under-bidder, re-offer the item(s) in subsequent auction(s) or for private sale, or any other means of disposal.  Albersheim’s LLC retains the right to postpone or delay the auction for any reason including for reasons beyond their control, without recourse from any account holder or bidder.  By bidding in this auction, the bidder consents to the application of the laws of the state of Nevada without application of conflicts of laws and the jurisdiction of the state of Nevada in the county of Clark.  In no event, shall Albersheim’s LLC liability to a purchaser exceed the purchase price of record for the lot.

CONSIGNOR BIDDING AND or SHILL BIDDING are strictly prohibited and anyone found guilty of such will be prosecuted to the fullest extent of the law. Bid manipulation of any kind is expressly forbidden. A consignor is prohibited from placing bids or arranging to have bids placed on his behalf. No shill bidding is allowed. Shill bidding is any bid(s) placed by a person or persons to drive up the final price paid and realized without intent to actually take ownership of the lot. Please note that it is a violation of law to make bids in a false name or with an invalid payment method, even if our software initially accepts such a bid. Fraudulent bidders will be prosecuted to the fullest extent of the law.

These Conditions of Sale and the purchaser’s and our respective rights and obligations hereunder are governed by Nevada law. By bidding in an auction, whether by Web, Fax, Mail, Telephone or other means, the buyer or bidder agrees to be bound by these Conditions of Sale. Any dispute, controversy or claim arising out of or relating to the Agreement or the breach, termination or validity thereof, brought by or against Albersheim's. (but not including claims brought against the consignor by the purchaser of lots consigned hereunder) shall be resolved by Arbitrator.

The Arbitrator shall be empowered to order specific performance and to award consequential damages and pre-award interest, but shall not be empowered to award punitive damages. The arbitration shall be governed by the U.S. Arbitration Act, 9 U.S.C. 1-16, and judgment upon the award rendered by the Arbitrator may be entered by any court having jurisdiction thereof. Each party shall bear its own attorney’s fees and expenses in connection with such proceedings and shall bear one-half of the Arbitrator’s fees and expenses.