• Placing a bid on an auction lot is a binding contract between the bidder and Gecko Stamp Sales. A bid can be withdrawn / changed up to one hour before auction closing time.
• Should 2 or more similar bids be received for a specific lot, the first bid received will be awarded the lot.
• Bid amounts of less than 70% of minimum estimate will not be accepted. 
• All lots are sold subject to possible reserves imposed by the seller.
• The cost of postage / shipping and packing will be added to the invoice total.
• All items are sold as genuine, and guaranteed as such for a period of 2 years. In the event of an item proven as not being genuine, the full purchase price will be refunded, provided that such proof can be provided by more than one expert / certificate.
• Cost of expertisation will be charged to the buyer of the item. Expert Certificates and signatures mentioned as part of an item's description, are decisive regarding quality.
• The currency of the auction is in South African Rands (ZAR). For easy conversion to your own currency, we provide a link on every auction page to a universal currency converter.
• The auctioneer have the right to refuse any bids, or otherwise to withdraw a lot.
• Bids may be submitted via the bidding form or e-mail. 

Return of auction lots

• In the event of an auction lot having been wrongly described, the respective lot (s) should be returned within seven (7) days of receipt.  Such lot (s) must be returned intact by registered airmail.
• Non-returnable lots include : 1. Lots having been viewed by bidders on our premises; 2. Lots described with defects and / or faults; 3. Bigger lots and accumulations of 3 or more items with minor defects that has been described as containing small imperfections. 4. Covers with defective back flaps, minor creases and small tears not affecting stamps or other markings.

Payment

• Successful bidders will be notified by email, and must remit (in full) before any lots are sent.
• Payment of amount due is within 7 days of Invoice date.
• Any amounts unpaid after 7 days will attract an additional 5% levy.
• If you're planning to spend a large amount - credit facilities must be arranged prior to the auction date.
• Preferred method of payment is by Direct Bank Electronic Transfer or Internet banking. Any transfer fees should be for the account of buyer.
• For Southern Africa we also accept payment by cheque - please not that lots will only be dispatched once cheques has cleared.
• Other payment methods by prior arrangement.
• PayPal payments not yet possible, but should be available in a few months from now.

Legal Disputes

• Placing of bids constitutes acceptance of the foregoing conditions of sale. In the event of a legal dispute arising, the agreed jurisdiction will be that of the Swakopmund Magistrate's Court.

Bidding Increments

• R 500 to R 750 by 25
• R 750 to R 1 500 by 50
• R 1 500 to R 3 000 by 100
• R 3 000 to R 10 000 by 250
• R 10 000 to R 20 000 by 500
• R 20 000 +   by 1 000

When the bid amount does not conform with the above bidding increments, the bid amount will be adjusted to the nearest amount that conform.