Bid Board: April 28th

Every other Tuesday at :10 seconds from 7:30 p.m. the countdown begins “…10…9…8…” as it ends you take your prize to the counter… or you can call the next day to see if your bid won the auction.  Our “Bid Board” is a free members-only auction board   we hold every other Tuesday night.  Offering hundreds of lots including paper money and collectibles it has some of the most interesting items like GSA Morgan dollars, Type coins and complete collections.

Membership is free. Joining is easy- simply fill out an application in store and we will assign you a “Bid Board” number that is unique to you.  Write this next to the dollar amount you wish to bid for a coin (bidding increment minimum and rules below) on the bidding card.  If yours is the winning bid we hold the coin aside for you if you are not at the Tuesday night auction.

This is a great way to learn more about coins and meet other collectors in a social setting.  After a 3 month membership we allow “Bid Board” members to put their own coins up for auction.  There’s light refreshments and a friendly gathering place to discuss and admire our favorite hobby/obsession: coins!

BID BOARD RULES (TBD)

  1. Membership is free.
  2. Bidding before Monday that lastst through close of bid earns a 5% discount to buyer.
  3. Members may put thheir own coins on after 6 months, with 10% going to Niles Coin. (10 lot maximum.)
  4. Unsold member items carry a .50 Cent fee
  5. Approval of all merchandise at discretion of Niles Coin.
  6. Shop guarantees genuineness of coins.  Grades are placed by consignor and NOT guaranteed accurate. Copies and replicas must be
  7. No raising bids on your own coins- this is an honest auction.
  8. Coins must be picked up within two weeks.
  9. We accept phone bids until 7pm.  In store bidding ends at 7:30.
  10. You may not remove a bid unless given permission by staff.
  11. You must be on a bid card to continue bidding after 7:30 pm
  12. All sales final.

Bid Board bid increments:

.00 – $4.99 ……………………………………. .25
$5.00 to $14.99 …………………………….. $.50
$15.00 to $49.99 …………………………… $1.00
$50.00 to $99.99 …………………………… $2.50
$100 to $1,000,000.00 …………………… $5.00
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