CONDITIONS OF SALE 1. All lots are priced at current Scott Catalog. 2. All stamps are sold as genuine and are guaranteed to be as represented in the catalog. Should a claim of error of description arise, the lot must be returned intact within 10 days of receipt and must be in exactly the same condition as sold. 3. Stamps may be sent to APS, PF or PSE for Expertizing Certificate. Buyer must submit a notice of intent to Golden Valley Stamp Auctions within 10 days of receipt. If the stamp is certified not as described, the APS Member's rate will be reimbursed plus Hammer Price plus 15% Fee. Stamps described with flaws cannot be return for additional flaws. 3. All lots will be sold to the highest bidder at one increment advance over the second highest bidder. 4. Payment must be made in USA funds and must be received within one week of notification of successful bids. Visa, Master Card and Discover may be accepted. 5. Lots maybe inspected at the store prior to the Auction. 6. Minnesota Sales Tax will be charged unless exempt. 7. A 15% BUYER'S PREMIUM will be added to the hammer price. 8. The minimum mailing and handling charge is $2.00. SYMBOLS & ABBREVIATIONS * =MINT OG =ORIGINAL GUM CR =CREASE O =USED LH =LIGHT HINGED TR =TEAR XF =EXTRA FINE H =HINGED HC =HEAVY CANCEL VF =VERY FINE DG =DISTURBED GUM NGW =GUM WRINKLE F =FINE RG =REGUMMED NGB =GUM BEND AVE =AVERAGE SP =SHORT PERF INCL =INCLUSION NG =NO GUM TH =THIN BLK =BLOCK CAN =CANCEL HR =HINGE REMNANT NGS =GUM SKIP SE =STRAIGHT EDGE ECV =EST CASH VALUE P#S =PLATE#SINGLE LP =LINE PAIR R =RIGHT L =LEFT T =TOP B =BOTTOM BIDDING INCREMENTS $1.00 TO $5.00 - $0.25 $5.00 TO $10.00 - $0.50 $10.00 TO $20.00 - $1.00 $20.00 TO $50.00 - $2.00 $50.00 TO $150.00 - $5.00 $150.00 TO $300.00 - $10.00 $300.00 TO $1000.00 - $25.00 $1000.00 + - $100.00 FUTURE AUCTION CONSIGNMENTS WELCOME - PLEASE INQUIRE

Auction Lots maybe picked up at the Store or Shipped at Bidder's expense.