Buyer will be responsible for total purchase price in the event of loss. Overseas buyers must furnish their own insurance during shipment. Risk of loss shall be borne by the buyers following shipment of the stamps. Shreves reserves the right to require payment in full before delivery of the merchandise to the buyer. Bidder personally guarantees payment, and if a corporation, an officer or principal in the corporation agrees to personally guarantee payment.
Title remains with Shreves until all invoices are paid in full.
Shreves reserves the right to refuse to honor any bid which, in its opinion, is not submitted in good faith, or, as the case dictates, is not supported by satisfactory references, as Shreves in its sole discretion shall determine. Shreves reserves the right to bid on any lot in the sale. Bids will be executed for mail bidders at one advance over the next highest bid in competition with floor bidders, until the maximum bid is executed for the mail bidder, or until the lot is sold. No buy or unlimited bids will be accepted. Shreves cannot be responsible for your errors in bidding, so check your bid sheet carefully.