BUZ & Norma Ray / BDS Auctions Toy Train Auction Terms and Definitions WHERE : BDS Auctions' facility, The Golden Gavel Auction House is located in Marshall, Michigan at 14998 Old US 27, just 1/4 mile South of I-94 at Exit 110. Exit 110 is 1 mile East of I-69. Approximately 90 minutes drive time from Detroit Metropolitan Airport. WHEN : Saturday, December 2, 2000 - Preview at 8AM ET, Auction at 10AM ET. Additional Preview on Friday, December 1, from Noon to 5PM MAIL BIDS : Mail bids are welcome. Mail bids are executed competitively by an actual person on the bid floor. Please FAX or Mail your bids to Buz Ray. All bids are held in the strictest confidence. All mail bids (FAX'd or mailed) Must have a valid credit card number. (DISCOVER, VISA, MC). Please include a Day Time Phone Number for problem resolution. If you have an email address include it as legibly as possible. We will notify you with results via your email address if provided. ALL MAIL & FAX BIDS MUST BE RECEIVED BY NOON ET, MONDAY, NOVEMBER 27, 2000. SEE PAGE 2 FOR MAIL BID RULES. GRADING : Most items are graded to similar standards as used by the LCCA and/or TCA. Items are graded on appearances. They may or may not run or operate properly About wheels and trucks. It is difficult to downgrade a great piece due to some surface corrosion on a truck or coupler that can either be easily cleaned or replaced. We try to identify serious imperfections. BOX GRADING : 10 - 9 Good complete box, may contain some writing, clear tape or old store stickers 8 Could be missing one inner flap, not crisp 7 Could be missing 1 or 2 inner flaps, maybe some staining or excessive tape 6 Same as above but only worse 5 It's a box ** Any box missing an END FLAP is automatically a 5 or less MISCELLANEOUS CATALOG ABREVIATIONS: O/W Otherwise S/B Should Be OP Original Paper RS Rubber Stamped HS Heat Stamped Env Parts Envelope Insrt Box Insert I-Sht Instruction Sheet OB Original Box MIB Mint in Original Box HLC Hairline Screw Crack Additional Information: – No Buyer's Premium for those in attendance – All statements made by the Auctioneer or Buz Ray on day of auction take precedence over any – other dispersed information. – If an item's description omits the word I-Sht, OB, Env, Insrt, etc., please assume it is not there. BUZ & NORMA RAY / BDS AUCTIONS MAIL BID RULES First & Foremost: All bids are held in the strictest confidence!! I cannot advise you what I think an item will sell for, nor can I inform you as to where you stand prior to the auction. Your bid will be executed in a competitive manner. Many lots are purchased well below the high mail bid. Please follow these rules for mail bids * There is a 10% Buyer's Premium for mail & absentee bidders * Please do not ask us to cancel one bid based on the success of another bid. * Please do not set limits Ex: 'Cancel my remaining bids after I've spent $1,000' * Please use the mail bid form. Make copies if you need more. * Any mail bids tied by the people in attendance will go to those in attendance. * Mail bids tied with other mail bids go to the first bid received, * Do not bid boxed lots or ungraded lots * The minimum mail bid amount acceptable for any single lot is $ 75.00 Only the following bid increments are acceptable. If your bids do not conform to the increments listed we will REDUCE your bid to the previous conforming amount. If for example you send in a bid of $ 115.00 on a lot, we will reduce the bid to $110.00. $ 75 to $ 100 ($ 5 increments ) $ 1,000 to $ 3,000 ($ 50 increments) $100 to $ 300 ($10 increments ) $ 3,000 & Above ($100 increments ) $300 to $1,000 ($25 increments ) -- FAX Bids to 865-458-1943 -- Mail Bids to : Buz Ray 123 Santee Way Loudon, TN 37774 ALL BIDS MUST BE RECEIVED BY NOON ET, Monday, November 27, 2000 Please be patient. I will notify you ASAP as to your results. Norma & I handle all packing & shipping.. Any discrepancies must be communicated to me directly within 48 hours of receipt of merchandise. Unless you specify otherwise shipping charges will be posted to your credit card. We reserve the right to cancel mail bids for several reasons including, but not limited to: -- Received late -- Item discovered not to be as described at time of auction -- Failure to adhere to above Mail Bid Rules MAIL BIDS (Absentee) For BUZ & NORMA RAY / BDS AUCTIONS Name _________________________________ Ship to_____________________________________ If Different Address _________________________________ _______________________________________ Address _________________________________ _______________________________________ City, ST, Zip ___________________________ _______________________________________ DAYTIME PHONE NUMBER: ___________________________________________________ LOT # Brief Description BID AMOUNT -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- Credit Card Type ( Visa, MASTERCARD, Discover) ______________________ Account # _______________________________________ Expires _______________ I've read the 'MAIL BID RULES' and have indicated my credit info. ___________________________________________________________________ Signed Date E-Mail Address __________________________________________________________________ Bidder's Name _____________________________________________________________ Additional Bids: LOT # Brief Description BID AMOUNT -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | -------------------------------------------------------------------------------------- | | --------------------------------------------------------------------------------------