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THE ROYAL MINT'S SUMMER AUCTION
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SUMMER AUCTION
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  1. U.S. Terms Applicable to Authentication and Valuation Services
  1. The terms and conditions contained herein (the “Authentication and Valuation Terms”) together with the Terms of Use, Privacy Policy and all other applicable Additional Terms, are those under which we provide any authentication and/or valuation services to you. Capitalized terms not defined herein have the meanings given in our Terms of Use or Additional Terms, as the case may be.
  1. Please Note: The Services available under these Authentication and Valuation Terms are:
  1. Only available for pre-decimal British coins, made by The Royal Mint, and not for any other coins or products; and
  1. Not available to residents of a restricted country or region listed 
  1. Information About Us
    1. We are a government owned company, registered in England and Wales under company number 06964873, with our registered office at Llantrisant, Pontyclun, CF72 8YT, United Kingdom (our premises). Our VAT number is GB 256 5227 96. We operate www.royalmint.com.
    2. To contact us, please see our Contact Us page or email us on: customer.services@royalmint.com.
  1. Purchasing Coin Authentication and Valuation Services
    1. When you request coin authentication and/or valuation services from us, this will constitute an offer by you to buy such Services from us. This offer will not be accepted by us, and no legally binding contract will exist between us, until:
      1. you have provided payment for our Services in accordance with these Authentication and Valuation Terms; and
      2. we have received the applicable coin(s) from you; and
      3. you have provided all relevant information to us as required under these Authentication and Valuation Terms, together with any additional information that we may reasonably request from you, in order to enter into a contract with you; and
      4. we have confirmed acceptance of your offer and agreed to provide the authentication and/or valuation services as requested (which we shall be free to accept or refuse in our ultimate discretion).
    2. If we do not accept your offer to buy coin authentication and/or valuation services from us under these Authentication and Valuation Terms, for any reason, then we will:
      1. refund any payment you have already made which shall be credited to you by the same means through which you paid us less any administration or other charges made by your credit card, debit card, bank or other payment provider; and
      2. return your coins to you in accordance with Section 10.
    3. Subject to your compliance with these Authentication and Valuation Terms and any future decision of The Royal Mint to suspend or end the services, there is no limit to the number of coins that you can send to The Royal Mint for authentication and/or valuation under these Authentication and Valuation Terms.
  1. Charges and Payment
    1. A fee is payable in respect of each coin submitted to The Royal Mint for authentication and/or verification services under these Authentication and Valuation Terms. The applicable fees are set out on The Royal Mint website.
    2. The fees listed on The Royal Mint website are subject to change from time to time in our absolute discretion. It is your responsibility to check these fees at the time you request coin authentication and/or valuation services from us, as the fees in place at that time will apply to our contract with you.
    3. Fees are payable in advance using the payment methods set out on The Royal Mint website.
    4. Once you have paid the applicable fee(s), you will be provided with a reference number which you should quote on all future correspondence with us.
  1. Sending Your Coin(s) to Us
    1. Coins should be sent to us at The Royal Mint, Authentication Department C/O the Museum, PO Box 500, Pontyclun, Llantrisant, CF72 8WP, UK.
    2. We recommend you send all coins to us securely, for example through a traceable and adequately insured recorded delivery service.
    3. When you send coins to us, you assume all risks in relation to loss of and damage to such coins until we have received them.
    4. Once we have received your coin(s), we will carry out the services as requested, following which we will return your coin(s) to you. The time taken to complete authentication and valuation services can vary depending on the circumstances and therefore, unless expressly confirmed otherwise by us in writing, we do not give any guarantee that a particular coin will be returned within a set timeframe. From time to time we may provide estimated timeframes for return of coins. but these shall be illustrative only and we shall not be liable for failing to comply with such estimated timeframes.
    5. We will be responsible for all of your coins while these are in our possession, and we will ensure that they are appropriately protected against loss, damage and theft.
  1. Coin Authentication Services
    1. In providing coin authentication services under these Authentication and Valuation Terms, we shall examine the applicable coin and if, in our opinion (based on the knowledge, expertise, experience and related resources available to The Royal Mint), the coin is genuine, we shall produce a certificate of authentication accordingly (the “Certificate”).
    2. Each Certificate will be in a form prescribed by The Royal Mint from time to time, and shall include details of the coin to which it relates, and may be accompanied by a high-resolution photograph of the coin for identification and verification purposes
    3. Although The Royal Mint takes many steps to ensure that the Certificate matches the examined coin, The Royal Mint is not responsible for, and accepts no liability in respect of, any misuse of a Certificate, including any deliberate misuse of a Certificate in relation to a coin other than the examined coin.
    4. If an examined coin is not genuine, or if for any other reason it is not appropriate (in The Royal Mint’s absolute discretion) to produce a Certificate in relation to an examined coin, we will, provided we are legally permitted to do so, confirm the same to you when we return the coin. We may also contact the relevant legal, governmental or regulatory authorities without notice to you in such circumstances.
  1. Coin Valuation Services
    1. In providing coin valuation services under these Authentication and Valuation Terms, we shall examine the applicable coin and provide a written estimate of the value of that coin (the “Valuation”). The Valuation is expressly subject to the assumptions,
    2. The Valuation is a statement of opinion by The Royal Mint, taking into account the knowledge, expertise, experience and related resources available to The Royal Mint and also the information, warranties and acknowledgements given by you under these Authentication and Valuation Terms. The Valuation is not, nor is it intended to be, a statement of fact.
    3. The Valuation represents the value which, in the opinion of The Royal Mint, could be achieved if the coin were to be sold in a contemporaneous or subsequent sale conducted in accordance with standard auction sale procedures. In requesting a Valuation, you hereby acknowledge and agree that opinions as to the value of a coin may differ depending on the particular circumstances affecting that coin, including the prevailing market conditions, the coin’s position within a wider collection, or the existence or availability for sale of similar items or collections at the same time or in the same circumstances as the examined coin is made available for sale.
    4. The Valuation is given on, and (subject to this Section 6) is only valid in respect of, the date it is provided by The Royal Mint and shall not represent any estimate of the past or future value or anticipated value of the applicable coin.
    5. The Valuation does not take into account any expenses (including commissions or applicable taxes) which might apply or become due on a sale of the examined coin.
    6. From creation thereof, the Valuation and any rights therein (including copyright) shall be, and thereafter shall remain, the property of The Royal Mint (or of a third party designated by The Royal Mint in writing) and you shall not receive and are not granted any rights of ownership over the Valuation whatsoever. Subject to the previous sentence, The Royal Mint grants to you a limited, personal, non-transferable, revocable license over the Valuation to use it for your own private (i.e. non-business) purposes only. You shall not, without the prior written consent of The Royal Mint, use the Valuation in any other way, including:
      1. Reproducing, copying or publishing it in any form; or
      2. disclosing it to any third party (other than your professional advisors, or if required by law); or
      3. using it for any official or formal purpose including in legal proceedings, in insolvency or bankruptcy proceedings or for insurance purposes
    7. TO THE FULLEST EXTENT PERMITTED BY LAW, THE ROYAL MINT DOES NOT ACCEPT OR ASSUME RESPONSIBILITY TO ANYONE OTHER THAN YOU IN RESPECT OF THE VALUATION, AND THE VALUATION MAY NOT BE RELIED UPON FOR ANY PURPOSE WHATSOEVER BY ANY THIRD PARTY WITHOUT THE EXPRESS WRITTEN CONSENT OF THE ROYAL MINT.
    8. IN PROVIDING THE VALUATION, THE ROYAL MINT MAKES NO REPRESENTATION, AND GIVES NO WARRANTY OR GUARANTEE THAT, ON ANY CONTEMPORANEOUS OR SUBSEQUENT SALE (WHETHER PUBLIC OR PRIVATE) OF THE EXAMINED COIN, IT WILL REALIZE THE SAME OR SIMILAR AMOUNT AT WHICH IT IS VALUED BY THE ROYAL MINT.
  1. Customer Warranties
    1. You represent and warrant to The Royal Mint that:
      1. You are the owner of the coin or is duly and properly authorized by the owner to have the coin valued and/or authenticated; and
      2. You have provided all relevant and full information to The Royal Mint as reasonably necessary for The Royal Mint to perform our obligations under these Authentication and Valuation Terms.
    2. You agree to indemnify, and keep indemnified, The Royal Mint from and against any losses, damages, liability, costs (including legal fees) and expenses which The Royal Mint may suffer or incur (directly or indirectly) as a result of, or in connection with, any breach by you of the warranties in Section 7.1.
  1. The Royal Mint Warranties
    1. The Royal Mint warrants that these Services shall be supplied with reasonable care, diligence and skill in accordance with applicable good industry practice.
    2. EXCEPT AND ONLY TO THE EXTENT PROVIDED IN SECTION 8.a:
      1. THE ROYAL MINT GIVES NO OTHER WARRANTIES AND MAKE NO REPRESENTATIONS IN RELATION TO THE SERVICES; AND
      2. THE ROYAL MINT HEREBY EXCLUDES ALL OTHER WARRANTIES, REPRESENTATIONS AND CONDITIONS, WHETHER EXPRESS OR IMPLIED BY STATUTE, COMMON LAW OR OTHERWISE, TO THE FULLEST EXTENT PERMITTED BY LAW.
  1. No Purchase
    1. The Royal Mint does not buy coins from customers as part of this Service.
    2. All coins provided to The Royal Mint under these Authentication and Valuation Terms shall at all times remain your property.
    3. The provision of any coin Services under these Authentication and Valuation Terms does not and shall not represent any sort of offer or acceptance by The Royal Mint to purchase any coins subject to such Services.
    4. All such coins shall be returned in accordance with these Authentication and Valuation Terms.
    5. For further information on our coin buying services, please see our website (www.royalmint.com).
  1. Returning Your Coin(s) to You
    1. Once the applicable Services are complete, we will arrange shipment of your coin(s) back to you, through a traceable recorded delivery service, to the return address provided by you.
    2. We will be responsible for coins that we return to you up until such time as the coin has been delivered to the applicable return address and signed for by a recipient at that address. Once a Customer coin has been delivered and signed for as above the responsibility for and risk in that coin shall pass to the recipient and The Royal Mint shall have no further responsibility or liability in relation to that coin.
  1. Limitation of Liability. IN ADDITION TO LIMITATION OF LIABILITY SET FORTH ELSEWHERE IN THE TERMS OF USE (INCLUDING WITHOUT LIMITATION THE ADDITIONAL TERMS), THE ROYAL MINT SHALL NOT BE LIABLE TO THE CUSTOMER FOR:
    1. ANY DEFICIENCY OR ERROR IN THE PROVISION OF COIN AUTHENTICATION AND/OR VALUATION SERVICES UNDER THESE TERMS TO THE EXTENT THAT SUCH DEFICIENCY OR ERROR ARISES AS A CONSEQUENCE OF:
    2. ANY FAILURE BY THE CUSTOMER (INCLUDING A FAILURE TO PROVIDE FULL AND ACCURATE INFORMATION TO US); OR
    3. ANY EXTERNAL CIRCUMSTANCES BEYOND THE ROYAL MINT’S CONTROL (INCLUDING CHANGES IN PREVAILING MARKET CONDITIONS); OR
      1. ANY LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF BUSINESS, LOSS OF GOODWILL, LOSS OF CONTRACTS, LOSS OF ANTICIPATED SAVINGS, LOSS OF PRODUCTION OR LOSS OF OR CORRUPTION TO DATA; OR
      2. ANY SPECIAL, INDIRECT OR CONSEQUENTIAL LOSS OR DAMAGE WHATSOEVER.
  1. Termination
    1. If we have committed a material breach of any of our obligations under these Authentication and Valuation Terms, you shall have the option, upon notice to us (which may be by letter, telephone or email), to terminate the Services with us under these Authentication and Valuation Terms. If you choose to do so we shall:
      1. Refund any payment you have made in respect of the applicable Contract which shall be credited to you by the same means through which you paid us less any administration or other charges made by your credit card, debit card, bank or other payment provider; and
      2. Return your coins to you in accordance with Section 10.
    2. If you have committed a material breach of any of your obligations under these Authentication and Valuation Terms, we shall have the option, upon written notice to you (which may be by letter or email), to suspend or terminate Services. If we choose to do so we shall return your coins to you in accordance with Section 10. In these circumstances you will not be entitled to a refund.
    3. Termination or expiry of Services under these Authentication and Valuation Terms shall not affect any rights and liabilities of either party that have accrued up to the date of termination.
    4. Clauses in these Authentication and Valuation Terms which expressly or by implication are intended to survive termination shall do so.
  1. Disputes. In the event of any dispute over any aspect of the authentication services or valuation services provided under these Authentication and Valuation Terms the decision of The Royal Mint shall be final and binding.
  1. Changes. Further to Section 31 of the Terms of Use, we have the right to revise and amend these Purchase Terms from time to time by posting revised Purchase Terms on the Sites. The revised Purchase Terms will apply in respect of any order for Products made twenty-four (24) hours or more after we have posted them on our Sites. If you do not agree to our revised Purchase Terms, please do not order Products from us.
  1. Dated 19/12/2022.
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