Huggins and Scott Sports Memorabilia Auction Rules

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

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


ALL TIMES LISTED ARE EASTERN TIME

Here's how we are running our August 7th, 2014 auction:

BIDDING BEGINS ON Monday July 28th AT 12:00pm ET

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-Saturday 11-6, Sunday 12-5 Eastern Time.

Once registered you will need to confirm your email address by following the link in the confirmation email that is automatically sent to your email address that you register with. 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 every time you log into our site for this and all future auctions. Bidding is done online or by telephone.

3-STEP BIDDING PROCESS:

STEP 1) Initial Bids

NOTE: our countdown clock on each lot is synchronized by Network Time Protocol to eastern time. The clock is set to reach 0d 0h 0m 0s at 11:30pm eastern time, which is when the lot would end if no additional bids are placed on the lot. If you have not bid on the lot, you will need to place your first bid by the time the countdown clock reaches 0d 1h 30m 0s. If you have any questions, please ask in advance!

You must place an acceptable, initial bid on an item by 10:00pm eastern time 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 10:00pm ET (on the night the item ends), YOU CANNOT BID ON THAT ITEM AFTER 10:00pm ET, in the extended bidding session (STEP 2). However, at 10:00pm on August 7th, if you are the only bidder on an item that ends on that day, 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 at the end of the auction, without the possibility of being shutout.

STEP 2) Extended Bidding Session

Between 10:00pm 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 10:00 pm on the item's end date. Lots will then begin closing at 11:00pm. If only one bid has been received on a lot prior to 10:00 pm, that lot will close and the lone bidder will receive our "winner" email. 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, beginning at 11:00pm. A 30-minute timer is provided for each lot and will be automatically reset every time a new bid is made on that lot after 11:00pm. If you up your own high bid in the last 30-minutes, the 30-minute clock will NOT reset. This is now available in real time on our website. You will want to hit the "REFRESH" button on your computer as the clock counts down, as our system will not automatically show an increase in bids. Bids on items will continue to be accepted between 10:00pm and 11:00pm from any bidder that has bid on the item prior to 10:00pm (Extended Bidding Session). Based on these rules, no lot with two or more bids prior to 10:00pm can close prior to 11:30pm ET.

Here are some examples:

a) Two bidders named A & B are the only two who have bid on Lot 420 prior to 10:00pm on the day that the lot ends. Only Bidders A & B can bid on Lot 420 after 10:00pm 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 10:00pm, he automatically wins the lot.

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+ $5000.00


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 and cash. We WILL accept Paypal for auction items (if pre-authorized before the auction ends. Call or email for details). WE DO NOT ACCEPT CREDIT CARDS FOR AUCTION WINNINGS!

FOLLOWING THE AUCTION

We will send winning bidders an email as well as written invoices the week following the auction. Payment is due within 15 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, collection agency fees, etc...). You are responsible for any and all bids placed with your User ID and password. We WILL sell your debt to a collection agency if you fail to make payment.

MORE ABOUT OUR AUCTION

  1. All items are sold AS IS to the highest bidder.

  2. Buyer's Premium and Sales Tax - Please note our BUYERS PREMIUM is 18-1/2% of the hammer price. This means if an item sells for $1000, the winning bidder will pay ($1185.00 plus shipping, handling and insurance). This is added to the item before any sales tax (6%), which is applicable to all Maryland residents ONLY!

  3. No one who is currently employed with Huggins and Scott or House of Cards may bid on any items in any Huggins and Scott Auctions. However, the auction house and its employees may consign items to the auction.

  4. Items with Reserves:

    The reason we have started this is to allow us to offer more unique and special items, while also giving our consignors the assurance that the items will at least reach a certain minimum. All items with reserves will have an opening bid and an estimated value range. The reserve bid on any item will never be greater than the low value in the estimated range. By starting the bidding below the reserve price it will allow our bidders to get their initial bids in prior to the 10:00pm cutoff time for “initial bids” on the final day of the auction and then all eligible bidders can decide what they want their final bid to be on that day. The items will have a statement in the bid box on our website saying either “Reserve Not Met” or “Reserve Met”. Those two phrases should be self-explanatory. If you are entering a ceiling bid on one of these items and your ceiling bid exceeds the reserve, the computer will only take you to the value that equals the reserve. The remaining amount of your ceiling bid will be kept hidden to everyone but you. If the item ends with the "reserve not met” the item will be deemed “passed” with a zero sale price. If you are the only bidder on an item with a reserve, the lot will stay open until at least 11:30pm ET, even though there would be only one bid. This is to allow the sole bidder the opportunity to reach the reserve price in the extended bidding session. We are trying to make this a simple and easy-to-understand feature in our auction; should you have any questions, concerns or comments on this new venture, we welcome your feedback.

  5. Shipping - Cost is the buyer's responsibility. We will work with you on larger lots to find the best way; however our typical method is Fed Ex Ground - insured. 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. International bidders should contact us prior to sending payment to discuss specific shipping options.

  6. Return Policy - ALL LEGITIMATE RETURNS OR CREDIT REQUESTS MUST BE BROUGHT TO OUR ATTENTION WITHIN 30 DAYS OF RECEIPT OF YOUR ITEMS! AFTER 30 DAYS, THERE ARE NO REFUNDS, EXCHANGES OR CREDITS! ALSO, THE ENTIRE LOT MUST BE INTACT AND IN THE SAME FORM AS WHEN IT WAS SOLD IN ORDER TO RECEIVE ANY CREDIT OR REFUND CONSIDERATIONS - NO EXCEPTIONS!!

    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.

  7. 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 CANCELING BIDS.

  8. Previewing Items Before the Auction - All items are available for viewing at the House of Cards: 900 Silver Spring Ave, 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.

  9. All bids are in US Dollars!

  10. When we refer to a population report about graded cards, we only reference the population of that card's grading company. For example, if we say an SGC card has three equals and none better, we are only referring to that card's population among all SGC graded cards, unless otherwise stated. All population counts are valid as of the time of writing and are subject to change.

    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), Stacks of Plaques, Kevin Keating, Mounted Memories 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.

    Note: For those that do not know, a "clubhouse" signature was a common practice among teams where the key players would not actually sign the item, but a clubhouse attendant would sign for the player. We note any signature that is a clubhouse signature.

    Multiple Autographed Item Lot LOA's:

    New Autograph Authentication:
    For the more valuable autographs, we are obtaining full photograph LOA's from one of the respected third party authentication companies. For the lesser valued items, we are having those items authenticated and noted with a unique sticker/certificate combination for each item. In the remaining cases, on lots with more than one autographed item, we will issue one blanket auction letter of authenticity for the entire lot (although we are trying to do away with this altogether, but sometimes it is the only cost effective method). This is the original letter that we receive from the authentication company describing the offered lot. You may use this "auction" LOA to obtain individual LOA's should you chose to do that, however the auction LOA's are only valid for 45 days from the end of the auction. Please see the item's description for specific authentication on each individual lot. Please call if you have any questions regarding these auction lot LOA's.

    Framed Items:

    Frames included with lots: while we make every effort to protect the frames included in these lots during pre-auction storage and post-auction shipping, we are not responsible for any damage to the frames themselves, and no refunds will be given due to frame damage.

    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 are not responsible for a third party grading company agreeing or disagreeing with our assessment and we cannot issue refunds or credits if cards do not receive a numerical grade or the exact grade that we describe. We strongly recommend that you come look at any items that you are bidding on, and make your own determination about its grade.

    Becoming one of Our Field Representatives:

    Huggins and Scott Auctions is a constantly growing company. Should you have an interest in joining our staff, we are always looking for part-time field representatives in new areas. Call our head of Field Representatives, Steve Dickler at 215-530-4365 to discuss an opportunity; its 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 October 9, 2014 auction. Consignment deadline: September 1st - 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 don't see (primarily 1960s and older, though), feel free to call us and discuss it. You may have a pile of gold that's just hidden under a little dust, or needs the right exposure!

    ALSO: We are the best major catalog auction company for newer modern insert, relic and autographed cards. Virtually every consignor has been pleased with the results for their "Shiny Cards" through our auction.

    Contact one of our representatives listed on our contacts page to discuss the sale or consignments of your cards and other treasures.