SOLD
500.00USDto P******3+ buyer's premium
This item SOLD at 2023 Jan 24 @ 14:36UTC-5 : EST/CDT
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1060 Main Street, Suite 202, River Edge, NJ 07661
The auction will take place on January 24, 2023 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Panama. 1941. Lot of 3 pieces, includes Proof portrait of Balboa used on the 1941 "Arias" Issue, 1 Balboa, P-22, Small text "Serie De 1941" is printed beneath Balboa's portrait which was used on left side of note vertically. Green printing on india paper. Also includes in English a "Republic of Panama" title that is similar to the ones on the 20 Balboa note, but not in Spanish and an additional "Republic of Panama" title in a rectangle, possibly used on documents, stocks, or bonds. All are in Uncirculated to CU condition. All are Rare. HBNC. (3)
Auction Location:
1060 Main Street, Suite 202, River Edge, New Jersey, 07661, United States
Previewing Details:
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
22% |
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THE PLACING OF A BID SHALL CONSTITUTE ACCEPTANCE OF THESE CONDITIONS OF SALE
BIDDING
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(b) In the event that a bidder shall fail to comply with these Conditions of Sale ("Non-Complying Bidder"), then, as to any lot with respect to which such failure to comply occurs, Archives International Auctions may, in its sole discretion, re-offer such lot during the same auction or at an auction at a later time, or by private treaty at such time as Archives International Auctions, in its sole discretion, deems appropriate and the Non-Complying Bidder shall be liable for the deficiency, if any, between the hammer price and the net proceeds of a sale to a subsequent purchaser, whether at auction or by private treaty, as well as for all costs and expenses of both sales, all other charges due thereunder, including commissions with respect to both sales, whether payable to Archives International Auctions or to a third party and all incidental damages. It shall be in Archives International Auctions' sole discretion to determine whether to re-offer the lot theretofore hammered-down to a Non-Complying Bidder at the same auction, or by private treaty in due course, or at a subsequent auction conducted by Archives International Auctions. In no event shall any surplus arising from the sale of a re-offered lot be payable to a Non-Complying Bidder.
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(d) Authenticity. Any lot which is declared otherwise than genuine by a generally recognized authority is returnable, provided such lot is received by Archives International Auctions within four weeks of the date of the auction. Proof that a generally recognized authority declines to express an opinion is normally grounds for the return of a lot.
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SALES TAX
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APPLICABLE LAW, JURISDICTION, ETC.
9. All matters arising out of this auction shall be governed by the laws of the State of New Jersey without giving effect to the choice of law principles thereof.
ARBITRATION
10. Any controversy or claim arising out of or relating to this auction shall be settled by arbitration in the City of New York, State of New York in accordance with the Rules of the American Arbitration Association and judgment upon the award rendered by the Arbitrator or Arbitrators may be entered in any Court having jurisdiction.
JURISDICTION AND VENUE OF ACTIONS
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BIDDING STEPS
12. Bidding Steps shall be as follows:
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BIDS BY TELEPHONE
(a) Must be confirmed in writing unless waived by the auctioneer.
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(c) No bids accepted less than 1 hour before the commencement of the sale.
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