At least twice a year the society holds a Postal Bid Sale of stamps and postal history, comprising around 1000-2000 lots reserved from $NZ 1 to over $NZ 1000.
Many of these are from estates, where the Society has been selected to dispose of the material. The Society charges vendors a 20% vendor commission and there is no Buyer's commission. Lots are GST (Goods & Service Tax) exempt.
Lots can be viewed at the Office in the weeks prior to sale date. Lots are not sent out for inspection but can be returned within 14 days if not as described.
Please read the Conditions of Sale below.
CURRENCY: Reserves are in NZ Dollars. Bids must be made in NZ Dollars. Overseas bidders are recommended to pay by Credit Card (Visa or Mastercard only) or Paypal, but payment is also accepted by Bank Draft in US Dollars, Sterling or Australian Dollars. Limit cheques are no longer accepted
RESERVE PRICES: This sale is a Reserve Sale. Bids under the Reserve are not accepted. As a guide, most reserves are likely to be a third to one quarter of catalogue value, or less.
DESCRIPTIONS: Lots are described by Vendors and Catalogue Values are as stated by Vendors. If you are not satisfied with the description or the lot is not as described, lots must be returned immediately for a refund.
Bidding increments are as follows:
under $5 $0.50 $5 to $9 $1 $10 to $49 $2 $50 to $99 $5 $100 to $299 $10 $300 to $499 $25 $500 to $1000 $50 over $1000 $100
Non-conforming bids will be rounded DOWN. Lots will be sold at a maximum of one increment above the second highest bidder, or at Reserve in the case of a single bid. In the case of two equal bids, the first receives precedence. You do not need to be a member of the Society to bid. Bids cannot be received from minors without parental consent.
Bids should be mailed to this address
Postal Bid Sale
Royal Philatelic Society of New Zealand
PO Box 1269
LIMIT: You may place a Limit on your expenditure (excluding p&p) and therefore bid on more lots than you normally might. Successful bids are allocated in ascending Lot# order. Thus if you found $1000 of items you would like to bid on, but your budget is only $500, you could place a $500 Limit, but still enter bids on all $1000 worth. P&P is excluded from the Limit.
OR BIDS: If you want only one of two similar lots, enter an OR Bid. For example- #134 $55 OR #237 $60. If you win the first, your bid on the second is ignored. Unfortunately, our system processes bids in strict Lot# order so we cannot cope with options like #237 $60 OR #134 $55. The bid on #134 would be actioned first. We also cannot process OR Bids covering more than two lots, for example #134 $55 OR #135 $55 OR #136 $50 nor can any one Lot# appear in more than one pair of OR Bids. Despite these limitations, it is quite a useful option. Non-conforming combinations will be converted to stand-alone bids.
DISPATCH:Lots paid for in advance will be dispatched first. Lots paid for by cheque will be sent following Bank clearance. Please remember to advise if you wish Courier mail or Airmail to be used, otherwise standard postage will be used. Postage and any packaging required will be charged at cost. Realisations will accompany successful bidders invoices. Lots in transit to successful purchasers are covered by the Society's insurance.