Coins Plus Bid Board

INFO

 

Over 90% of the items for sale on the Bid board are from collectors or other dealers. It is the most active Bid board in the Los Angeles area.

  • Over 600 items on each Bid board, including U.S. coins and currency, world coins, ancient coins, world wide bank notes, metals, various collectibles, gold, and silver bullion.
  • New Bid Boards begin on Wednesday at 10A.M.
  • The bidding closes each Tuesday at 7:30 PM. At bid board closing we have several drawings, some for merchandise and some for cash. 
  • For every $10 spent, a raffle ticket is rewarded.
  • The last Tuesday of every month, we raffle off gift cards to some of your favorite places!

BID BOARD RULES

 

  • Only Bid Board members may hang merchandise or bid on items. Membership is free and is valid   forever.
  • All items left to hang on the Bid boards must be checked for accuracy and completeness before leaving the store. Once you have left the store, you hereby acknowledge that the House cannot be held responsible for any discrepancies. 



BIDDING RULES

1. The reserve is the minimum starting bid. An "open" or 0 reserve requires a minimum starting bid of 25 Cents or face value for US currency, (whichever is greater.)

2. Once a bid has been made, only the House may remove it. A bid can only be removed on the same day it is made. An improper bid will be corrected by the House.

3. The bidding will cease at 7:30 PM Tuesday, by the House clock. Only if you have started to write a bid when the bell rings, you may finish that bid.

Minimum Raises

  • $.25        - 4.99           25 cents
  • $5.00      - 19.99         50 cents
  • $20.00    - 49.99         $1.00
  • $50.00    - 99.99         $2.00
  • $100.00  - 249.99       $5.00
  • $250.00  - 499.99       $25.00 

SELLING RULES

1.  The House takes 10% on all items that sell on the board.


2.  Bid Board cards  are sold for 9 cents each.


3. The minimum value on lots is $5.00. No minimum starting price.


4. On open reserves, the owner may bid only one time at no cost.


5. The following are guidelines for re-hanging lots:

  • Cards may only hang for two weeks in a row, or five times total.
  • After, the reserve must be lowered 10% before the card returns for the final hang.
  • Open reserve items may only hang 2 times at the discretion of the house.

6. No U.S. Copies that do not conform to the Hobby Protection Act will be allowed to hang.