1. Important information and who we are 

Purpose of this privacy policy

This privacy policy aims to give you information on how TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD collects and processes your personal data through your use of this website, including any data you may provide through this website when you purchase a product or service. 

This website is not intended for children and we do not knowingly collect data relating to children.

It is important that you read this privacy policy together with any other privacy policy or fair processing policy we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data. This privacy policy supplements other notices and privacy policies and is not intended to override them. 

Controller

TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD is the controller and responsible for your personal data (referred to as "we", "us" or "our" in this privacy policy).

Contact details

If you have any questions about this privacy policy or our privacy practices, please contact in the following ways:

Full name of legal entity: TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD

Email address: [email protected]

Postal address: 26 Seymour Street, London. W1H 7JA

Telephone number:  +44 (0)20 3808 5855

You have the right to make a complaint at any time to the Information Commissioner's Office (ICO), the UK supervisory authority for data protection issues (www.ico.org.uk). We would, however, appreciate the chance to deal with your concerns before you approach the ICO so please contact us in the first instance. 

Changes to the privacy policy and your duty to inform us of changes

We keep our privacy policy under regular review. 

It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.

Third-party links

This website may include links to third-party websites, plug-ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy policy of every website you visit

 2. The data we collect about you

Personal data, or personal information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).

We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:

• Identity Data includes [first name, maiden name, last name, username or similar identifier, marital status, title, date of birth and gender].
• Contact Data includes [billing address, delivery address, email address and telephone numbers].
• Financial Data includes [bank account and payment card details].
• Transaction Data includes [details about payments to and from you and other details of products and services you have purchased from us].
• Technical Data includes [internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform, and other technology on the devices you use to access this website]. 
• Profile Data includes [your username and password, purchases or orders made by you, your interests, preferences, feedback and survey responses].
• Usage Data includes [information about how you use our website, products and services]. 
• Marketing and Communications Data includes [your preferences in receiving marketing from us and our third parties and your communication preferences].
• Comments
  • When visitors leave comments on the site we collect the data shown in the comments form, and also the visitor’s IP address and browser user agent string to help spam detection.
  • An anonymized string created from your email address (also called a hash) may be provided to the Gravatar service to see if you are using it. The Gravatar service privacy policy is available here: https://automattic.com/privacy/. After approval of your comment, your profile picture is visible to the public in the context of your comment.

We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data could be derived from your personal data but is not considered personal data in law as this data will not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacy policy.

We do not collect any Special Categories of Personal Data about you (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health, and genetic and biometric data). Nor do we collect any information about criminal convictions and offences.

If you fail to provide personal data

Where we need to collect personal data by law, or under the terms of a contract we have with you, and you fail to provide that data when requested, we may not be able to perform the contract we have or are trying to enter into with you (for example, to provide you with goods or services). In this case, we may have to cancel a product or service you have with us, but we will notify you if this is the case at the time. 

3. How is your personal data collected?

We use different methods to collect data from and about you including through:

• Direct interactions. You may give us your [Identity, Contact and Financial Data] by filling in forms or by corresponding with us by post, phone, email or otherwise. This includes personal data you provide when you:
  • apply for our products or services;
  • create an account on our website;
  • subscribe to our service or publications; 
  • request marketing to be sent to you;
  • enter a competition, promotion or survey; or
  • give us feedback or contact us. 
• Automated technologies or interactions. As you interact with our website, we will automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies and other similar technologies. Please see our cookie policy for further details.
• Third parties or publicly available sources. We will receive personal data about you from various third parties as set out below: 

Technical Data from the following parties:

    (a)   analytics providers, such as Google; 

    (b)   advertising networks, such as Facebook; and

    (c)   search information providers, such as Google.

• Contact, Financial and Transaction Data from providers of technical, payment and delivery services (such as PayPal and Stripe).
• Identity and Contact Data from data brokers or aggregators.
• Identity and Contact Data from publicly available sources (such as Companies House and the Electoral Register).

 4. How we use your personal data

We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:

• Where we need to perform the contract we are about to enter into or have entered into with you.
• Where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests.
• Where we need to comply with a legal obligation.

Generally, we do not rely on consent as a legal basis for processing your personal data although we will get your consent before sending third party direct marketing communications to you via email or text message. You have the right to withdraw consent to marketing at any time by contacting us.

Purposes for which we will use your personal data

We have set out below, in a table format, a description of all the ways we plan to use your personal data, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate.

Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us if you need details about the specific legal ground we are relying on to process your personal data where more than one ground has been set out in the table below. 

Marketing 

We strive to provide you with choices regarding certain personal data uses, particularly around marketing and advertising.

Promotional offers from us 

We may use your Identity, Contact, Technical, Usage and Profile Data to form a view on what we think you may want or need, or what may be of interest to you. This is how we decide which products, services and offers may be relevant for you (we call this marketing). 

You will receive marketing communications from us if you have requested information from us or purchased goods or services from us and you have not opted out of receiving that marketing.

Third-party marketing 

We will get your express opt-in consent before we share your personal data with any third party for marketing purposes. 

Opting out

You can ask us or third parties to stop sending you marketing messages at any time [by logging into the website and checking or unchecking relevant boxes to adjust your marketing preferences OR by following the opt-out links on any marketing message sent to you OR by contacting us at any time]. 

Where you opt out of receiving these marketing messages, this will not apply to personal data provided to us as a result of a product/service purchase, warranty registration, product/service experience or other transactions.

Cookies

You can set your browser to refuse all or some browser cookies, or to alert you when websites set or access cookies. If you disable or refuse cookies, please note that some parts of this website may become inaccessible or not function properly. For more information about the cookies we use, please click here.

Change of purpose 

We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us. 

If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.

Please note that we may process your personal data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.

 5. Disclosures of your personal data

We may share your personal data with the parties set out below.

• Processing Payments for Auction Items
• We use third-party credit card processors to process payments for auction items that you choose to make through the Services. To make this possible, your name, billing address and order total are shared via secure (encrypted) means with our third-party payment processors for the sole purpose of completing your order. Please note that your credit card information (number, expiration date, security code) is stored by the third-party payment processor and not us. We have entered into agreements (including data processing agreements for our users located in the European Economic Area) with our payment processors to protect and secure your information. If you would like information on our payment processors, please contact us at [email protected].
• Service Providers
• We may disclose Personal Data to our third-party service providers to provide you with the Services, including our third-party payment processor. We share Aggregate Information with companies that provide public relations and marketing services for us. Such information will only be shared by us to customize, measure and improve our Site, Application and Services.
• Legal Processes
• We may disclose information, including Personal Data, which we believe is appropriate to protect our rights, or to cooperate in investigations of fraud or other illegal or inappropriate activity or in response to a subpoena, court order or other comparable legal process. If a subpoena seeks information about an identified user or limited group of users, we’ll make reasonable business efforts, if permitted, to contact the user(s) before providing information to the party that requests it. We cannot guarantee that we will be able to contact the user(s) in all cases. 
• We may disclose Personal Data to your agent or legal representative (such as the holder of a power of attorney that you grant, or a guardian appointed for you) and may request identity verification before disclosing Personal Data in such a case.
• As with any other business, it is possible that in the future we could merge with or be purchased by another company. If we are acquired, the company that acquires us would have access to the information maintained by us, including Personal Data, but would continue to be bound by this Privacy Policy unless and until it is amended.
• Aggregate Information
• We are not limited in our use of Aggregate Information that does not permit direct association with any specific individual, or non-identifiable aggregate information about our users (such as the number of users of our Services, the geographic distribution of our users, the amount of information located and/or removed, etc.).

We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.

6. International transfers

Whenever we transfer your Personal Data to a third-party data processor outside of the EEA, we have ensured that appropriate measures, as allowed for by data protection laws, are in place to continue the ongoing protection of your Personal Data.

7. Data security

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality. 

We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.

8. Data retention

How long will you use my personal data for?

We will only retain your personal data for as long as reasonably necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, regulatory, tax, accounting or reporting requirements. We may retain your personal data for a longer period in the event of a complaint or if we reasonably believe there is a prospect of litigation in respect to our relationship with you.

To determine the appropriate retention period for personal data, we consider the amount, nature and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal, regulatory, tax, accounting or other requirements.

In some circumstances we will anonymise your personal data (so that it can no longer be associated with you) for research or statistical purposes, in which case we may use this information indefinitely without further notice to you. 

9. Your legal rights

Under certain circumstances, you have rights under data protection laws in relation to your personal data. 

You have the right to:

Request access to your personal data (commonly known as a "data subject access request"). This enables you to receive a copy of the personal data we hold about you and to check that we are lawfully processing it.

Request correction of the personal data that we hold about you. This enables you to have any incomplete or inaccurate data we hold about you corrected, though we may need to verify the accuracy of the new data you provide to us.

Request erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal data where you have successfully exercised your right to object to processing (see below), where we may have processed your information unlawfully or where we are required to erase your personal data to comply with local law. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request. 

Object to processing of your personal data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground as you feel it impacts on your fundamental rights and freedoms. You also have the right to object where we are processing your personal data for direct marketing purposes. In some cases, we may demonstrate that we have compelling legitimate grounds to process your information which override your rights and freedoms.

Request restriction of processing of your personal data. This enables you to ask us to suspend the processing of your personal data in the following scenarios: 

• If you want us to establish the data's accuracy.
• Where our use of the data is unlawful but you do not want us to erase it.
• Where you need us to hold the data even if we no longer require it as you need it to establish, exercise or defend legal claims. 
• You have objected to our use of your data but we need to verify whether we have overriding legitimate grounds to use it. 

Request the transfer of your personal data to you or to a third party. We will provide to you, or a third party you have chosen, your personal data in a structured, commonly used, machine-readable format. Note that this right only applies to automated information which you initially provided consent for us to use or where we used the information to perform a contract with you. 

Withdraw consent at any time where we are relying on consent to process your personal data. However, this will not affect the lawfulness of any processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain products or services to you. We will advise you if this is the case at the time you withdraw your consent.

If you wish to exercise any of the rights set out above, please contact our DPO. 

No fee usually required

You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we could refuse to comply with your request in these circumstances.

What we may need from you

We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.

Time limit to respond

We try to respond to all legitimate requests within one month. Occasionally it could take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated. 

10. Glossary

LAWFUL BASIS

Legitimate Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us.

Performance of Contract means processing your data where it is necessary for the performance of a contract to which you are a party or to take steps at your request before entering into such a contract.

Comply with a legal obligation means processing your personal data where it is necessary for compliance with a legal obligation that we are subject to.

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By TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD - 2nd September 2024

Auction Terms and Conditions 

These Terms and Conditions (“Terms”) apply as between you, the participant in an Auction taking place on the Website and TCC ANCIENTS LTD reg: 15865704 / TCC AUCTIONS LTD reg: 15865766 , 26 Seymour Street, London, W1H 7JA (referred to as “TCC”, “we”, “our”, or “us”). By participating and bidding in the Auction, you agree to to comply with and be bound by these Terms. If you do not agree to be bound by these Terms and Conditions, you must stop participating in the Auction immediately.

1. Definitions and Interpretation

In this Agreement the following terms shall have the following meanings:

“Auction” an auction taking place on the Website;

“Auctioneer” shall be TCC;

“Auction Item” means an item listed for Auction by TCC on the Website;

“Bidder” a User that places a bid on an Auction Item;

“Buyer” is the highest Bidder for any Lot acceptable to the Auctioneer;

“Buyer Premium” the premium as advised at each Auction payable by Buyers over and above the Hammer Price. If no specific premium is advised, the Buyer Premium is 22.5%.

“Carrier” any third party responsible for transporting purchased Goods or Auction Items from our Premises to customers;

“Goods” all coins and any other products that TCC advertises and/or makes available for sale whether by Auction or otherwise;

“Hammer Price” is the price at which a Lot is sold to a Buyer;

“Lot” the goods listed by Auctioneer by for sale by Auction;

“Premises” our place(s) of business located at 26 Seymour Street, London, W1H 7JA, United Kingdom;

“Sale Price” is the total purchase price to be paid by the Buyer, including any Buyer Premium, shipping costs, insurance etc.

“TCC” TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD;

“Website” the website that you are currently using (https://thecoincabinet.com, https://auctions.thecoincabinet.com/,  https://www.the-saleroom.com/en-gb/auction-catalogues/the-coin-cabinet,  and https://www.easyliveauction.com/auctioneers/thecoincabinet/ and any sub-domains of this site.

2. Age Restrictions

Persons under the age of 18 must not participate or bid in any Auction.

3. The Auction

The highest bidder acceptable to the Auctioneer shall be the Buyer. The Auctioneer shall have absolute discretion to settle any disputes which arise and to refuse bids or to advance the bidding as seen fit.

In order to bid, Buyers shall provide the Auctioneer with name, address and telephone number, along with requested bank and other references if deemed necessary. A bid limit of £3,000 will be applied to all first time Users. Should you wish to increase your bid limit, you will be required to provide references and certain other information in order to facilitate a credit check.

The Auctioneer will, on the Buyer’s written instruction, by email only, execute bids on their behalf, but neither the Auctioneer nor its employees nor its agents shall be liable for any neglect in so doing or failure to do so. Bids should be emailed to [email protected].

Upon the fall of the Auctioneer’s hammer in respect of the Lot, when it is knocked down to you, a contract is made between you and TCC in relation to the payment by you and the delivery by TCC of the Lot.

When the Lot is sold the Buyer shall be responsible to pay TCC in full the Hammer Price plus Buyer Premium plus applicable shipping and insurance cost.

6. Terms of Sale

Our Terms of Sale, which are incorporated by reference herein, apply to all Goods sold at Auction

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By TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD - 2nd September 2024

Terms and Conditions of Sale

These Terms and Conditions (“Terms”) apply as between you, the Buyer of Goods from TCC ANCIENTS LTD reg: 15865704 / TCC AUCTIONS LTD reg: 15865766 / TCC DIRECT LTD reg: 15865879, 26 Seymour Street, London, W1H 7JA  (referred to as “TCC”, “we”, “our”, or “us”) wether at Auction or by direct purchase. By purchasing Goods from us, you agree to to comply with and be bound by these Terms. If you do not agree to be bound by these Terms and Conditions, you may not participate in any Auction or otherwise purchase Goods from us.

1. Definitions and Interpretation

In this Agreement the following terms shall have the following meanings:

“Auction” an auction taking place on a website operated by TCC;

“Buyer” is you, the buyer of any Goods from TCC, whether at Auction or otherwise;;

“Carrier” any third party responsible for transporting purchased Goods or Auction Items from our Premises to customers;

“Goods” the coins and any other products that TCC advertises and/or makes available for sale and sold to the Buyer whether by Auction or otherwise;

“Premises” our place(s) of business located at 26 Seymour Street, London, W1H 7JA, United Kingdom;

“Sale Price” is the total purchase price to be paid by the Buyer, including any applicable buyer premium.

“TCC” TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD;

“Website” the website that you are currently using (https://thecoincabinet.com, https://auctions.thecoincabinet.com/, https://www.the-saleroom.com/en-gb/auction-catalogues/the-coin-cabinet,  and https://www.easyliveauction.com/auctioneers/thecoincabinet/ and any sub-domains of this site..

2. Proof of Identity

In certain circumstances, you may be required to provide certified proof of identity to satisfy the anti-money laundering and fraud legislation that governs this industry. We may also request such information for our own security checks in order to provide for the safe delivery of your product. We shall advise you as to the suitable documents at the time of any such request made.

At our discretion, for orders over £5,000 or for cumulative orders of over £10,000 in any one year we may require a certified copy of the purchaser's photographic ID, and a copy of a recent utility bill (this is required irrespective of method of payment). We may use your personal information to conduct anti-fraud checks. Information which you supply may be given to credit reference or fraud prevention agencies. All personal information provided will be treated in accordance with the Data Protection Legislation.

3. Payment

Buyer shall pay TCC in full the Sale Price and any applicable shipping and insurance costs within 7 days of the sale.

Payment is by bank transfer or cheque in GBP only. We do not accept PayPal and/or credit/debit card.

Ownership of the Goods shall not pass to the Buyer and the Buyer shall not be entitled to delivery of any Goods until they have made full payment in cleared funds to TCC of the total amount due. Payment shall be deemed to have been made only after TCC has received cash or sterling bankers draft or the Buyer's cheque has been cleared. The invoice amount is due immediately when issued.

Should a Buyer fail to pay within 7 days after receiving an invoice, TCC reserves the right to take legal proceedings against the Buyer, as well as pass collection over to a debt collection agency. This would entail a collection fee of 15% of the value of the total order, payable by the Buyer, plus any additional collection costs. In addition to this, TCC may, after the 7-day period, at its discretion:

• rescind the sale of Goods sold to the Buyer;
• re-sell all or any Goods by public auction or private treaty and any deficiencies in the Sale Price resulting from such sale together with full costs incurred in connection with the re-sale of the Goods shall be immediately payable by the Buyer to TCC. Buyer is not entitled to any surplus over the proceeds of such re-sale;
• remove, store and insure (on any premises) the Goods at the expense of the Buyer;
• reject any bids made by or on behalf of the Buyer at any future Auction, or obtain part payment before accepting any future bids; and
• apply any proceeds to the costs incurred by TCC as a result of such non-payment.

You hereby indemnify TCC, on a full indemnity basis, for any losses TCC may incur as a result of your failure to pay any sums due hereunder.

4. Delivery

All Goods will be delivered via TCCs delivery method of choice, which will depend on the total value of the shipment and the Buyer’s location. TCC will provide a tracking number as a receipt of shipment. All Goods will be insured during transit at prevailing insurance cost.

The ownership of a Lot/Item(s) shall not pass to the Buyer, and the Buyer shall not be entitled to delivery of any Lot/Item(s) until they have made full payment in cleared funds to the TCC of the total amount due. Payment shall be deemed to have been made only after the TCC has received cash, a sterling banker’s draft, or the Buyer’s cheque has been cleared. Unless otherwise agreed, the invoice amount is due immediately when issued.

When the Lot/Item(s) is sold, the Buyer shall pay the TCC in full the Hammer Price together with the Buyer Premium within 7 days of the sale.

TCC will not ship any Lot/Item(s) until the full invoice amount has been cleared.

TCC shall not take liability or be held liable for any customs charges, the declaration holds, or any other investigations related to the shipment of Lot/Item(s).

If the Buyer does not clarify or notify us of their preferred shipping method, and no confirmation is received from our team or a TCC representative, we will proceed with the default shipping method.

All UK orders are shipped via Royal Mail or DHL at their prevailing shipping rates from time to time. Shipping costs will be advised prior to dispatch of Goods. The current rates are as set out below.

 

Insurance cover at 0.25% of order total will be added. All international orders are shipped via Royal Mail up to an order value of £20,000, via DHL on order values over £20,000. Insurance cover at 0.75% of order total will be added. 

Shipping costs may increase for 

• Orders of multiple Goods, bulky or heavy items. 
• Orders to remote locations which have a surcharge (we may not know this beforehand as this is   calculated when we book the shipment with the Carrier).

5. International Buyers

If Goods are purchased by Buyers from outside the United Kingdom, import duties and taxes may be incurred once the Goods reach their destination. TCC is not responsible for these charges and we undertake to make no calculations or estimates in this regard. If you are buying internationally, you are advised to contact your local customs authorities for further details on costs and procedures. As a purchaser of the Goods, you will also be the importer of record and as such should ensure that your purchase is in full compliance with the laws of the country into which the Goods are being imported. Please be aware that Goods may be inspected on arrival at port for customs purposes and TCC cannot guarantee that the packaging of such Goods will be free of signs of tampering. Accepting and signing for the delivery of a package that shows signs of tampering/opening may restrict your rights to return the item to us.

6. Condition of Goods

Goods sold are normally of some age and are sold with any faults, imperfections and errors of descriptions.

TCC does not accept responsibility for any grade mentioning or other attribution, authorship or estimated price of any Goods, any representation in any catalogue, brochure, or advertisement. Every Buyer should exercise and rely on their own judgement as to such matters and neither TCC nor its employees or agents accept any responsibility for the correctness of such opinion or information.

Where coins are sold in a plastic holder (“slab”) with a grade by a professional coin grading company, the professional coin grading company have their own warranty as to the authenticity and grade stated. TCC does not accept responsibility for these professional grading companies’ grades. Should the Buyer disagree with the grade on a slab they must themselves exercise their right to submit a coin for regrading and TCC shall not be liable for any cost the buyer incurs in doing so.

Where a Buyer has had the opportunity to view any Goods, they waive their right to raise any objection in relation to such Goods where such a viewing would have reasonably highlighted the issue in question.

7. Termination and Cancellation

TCC reserves the right to cancel purchases without stating reasons, for any reason prior to processing payment and dispatch.

If purchases are cancelled for any reason prior to dispatch you will be refunded any monies paid in relation to those purchases.

Due to the nature of the Goods, and in particular their price being subject to fluctuations in the financial markets, your right to cancel under Regulation 13 of the Consumer Protection (Distance Selling) Regulations 2000 does not apply. Where relevant, should you wish to cancel an order for an item which you have paid for prior to its coming into stock, in consequence of a price fluctuation, the cancellation charge will be 2.5% of the total order value, plus any consequential loss owing to the fluctuation in the price of the metal.

As stated above Goods bought at Auction are not refundable nor returnable. However, if we agree that Goods do not meet the standard as described or are below standard, we will happy provide you with an exchange or refund.

8. Limitation Of Liability

To the maximum extent permitted by law, TCC accepts no liability for any direct or indirect loss or damage, foreseeable or otherwise, including any indirect, consequential, special or exemplary damages arising from the use of the Website or any information contained therein. Users should be aware that they use the Website and its Content at their own risk.

9. Force Majeure

We are not liable or responsible for any delay or failure to perform any of our contractual agreements caused by events outside of our reasonable control (a “Force Majeure Event”). A Force Majeure Event includes, but is not limited to, an act, event, non-occurrence, accident or omission that is beyond our reasonable control, including;

• riot, invasion, terrorist attack (or threat of), war (declared or undeclared),or any occurrence resulting from a declared crisis in the banking system;
• fire, flood, earthquake, storm, subsidence, epidemic or any other natural disaster;
• inability to use transport, including railways, shipping, aircraft, motor transport and any other means of private or public transport; or
• inability to use public or private telecommunication networks/internet.

Any obligations on us are suspended for the duration of any Force Majeure Event, and we will also have additional time to perform our obligations for the duration of any Force Majeure Event.

We will take any reasonable steps to help bring the Force Majeure Event to an end or find a way to complete our obligations despite the Force Majeure Event, and resume normal trading terms as soon after the event as possible.

10. Communications

All notices/communications shall be given to us either by telephone (contact numbers can be found on the contact us page of this website) or by email to [email protected]. Such notice will be deemed received on the day of leaving a telephone message clearly stating your name and your telephone number if message is left on a business day and on the next business day if the email is sent on a weekend or public holiday. Alternatively, such notice will be deemed received on the day of sending if the email is received in full on a business day and on the next business day if the email is sent on a weekend or public holiday. 

TCC may from time to time send you information about our products and/or services. If you do not wish to receive such information, please let us know via [email protected].

11. Miscellaneous

In the event that TCC fails to exercise any right or remedy contained herein, this shall not be construed as a waiver of that right or remedy.

These terms and conditions constitute the entire agreement between the parties and supersedes all previous discussions, correspondence, negotiations, arrangements, understandings and agreements between them relating to the subject matter contained herein.

Third Party Rights. Nothing in these Terms and Conditions shall confer any rights upon any third party. The agreement created by these Terms and Conditions is between you and TCC.

If any provision or part-provision of these Terms and Conditions is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of these Terms and Conditions.

These Terms and Conditions and the relationship between you and TCC shall be governed by and construed in accordance with the Law of England and Wales and TCC and you agree to submit to the exclusive jurisdiction of the Courts of England and Wales.

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By TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD - 2nd September 2024

TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD

Consignment Terms  & Conditions

Table of Contents

1. Interpretation 2

2. Consignment of goods 3

3. Quality of goods 4

4. Delivery of the Goods to the Facility, Advance Payment 4

5. Inspection and rejection of goods 4

6. Title and risk 4

7. TCC's responsibilities before title passes 5

8. Sale of Goods 5

9. Payment of the Price 6

10. Confidentiality 6

11. Limitation of liability 7

12. Insurance 7

13. Compliance with laws and policies 7

14. Commencement and term 7

15. Termination 8

16. Obligations on termination 8

17. Survival 9

18. General 9

Schedule 1 Packaging Guidelines 12

BACKGROUND

1. TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD (“TCC”) operate a marketplace and auctions for collectibles.
2. The Seller wishes TCC to market the Goods for sale on their behalf by way of consignment.
3. The Seller is willing to deliver the Goods to TCC on the terms and conditions set out herein.

AGREED TERMS

1. Interpretation

The following definitions and rules of interpretation apply in this Agreement.

1. Definitions:

2. Clause and Schedule headings shall not affect the interpretation of this Agreement.

3. person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality).

4. The Schedules form part of this Agreement and shall have effect as if set out in full in the body of this Agreement. Any reference to this Agreement includes the Schedules.

5. A reference to a company shall include any company, corporation or other body corporate, wherever and however incorporated or established.

6. Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.

7. A reference to any party shall include that party's personal representatives, successors and permitted assigns.

8. A reference to a statute or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision.

9. A reference to writing or written includes email.

2. Consignment of Goods

   1. The Parties may agree the consignment of Goods from time to time by executing a Consignment Form.  The Consignment Form will identify the applicable TCC entity (TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD).  A Consignment Form may list one or several Goods. More than one Consignment Form may be in place at any one time between the Parties, and each such Consignment Form, together with these Terms & Conditions, forms a separate Agreement.
   2. From the Commencement Date and during the Term, as set out within the applicable Consignment Form, the Seller hereby grants TCC the exclusive right to market and sell the Goods on behalf of the Seller.
   3. Throughout the Term, the Seller shall be prohibited from marketing, selling, discussing, or communicating in any way with third parties in relation to the Goods and in particular with a view to sell the Goods, or request the return of the Goods.
   4. TCC does not guarantee a sale of the Goods, unless a Guarantee Price is agreed.  The marketability of the Goods depends on the prices agreed in accordance with Clause 6.

3. Quality and Provenance of Goods

   1. The Seller warrants and represents that the Goods supplied by the Seller under this Agreement
      1. are authentic and conform to the description and quality set out under the relevant Consignment Form;
      2. are owned in full by the Seller;
      3. have not been stolen or acquired in an unlawful way (including from illicit extraction from the ground).

4. Delivery of the Goods to the Facility

   1. Unless otherwise stated in the Consignment Form, the Seller shall, at its own cost, arrange for the insured delivery of the Goods to the Facility.
   2. The Consignment Form may stipulate a different arrangement, such as TCC to arrange for the Goods to be collected from the Seller at the Seller’s expense.
   3. The Seller must prepare and pack the Goods in accordance with with the packing guidelines set out under Schedule 1.
   4. TCC shall keep the Goods fully insured during the Term at the Facility.
   5. TCC may from time to time take the Goods off-site for the purposes of grading or marketing the Goods and displaying the Goods to potential buyers, keeping the Goods fully insured at all times.
   6. The Seller may inspect the Facility during Business Hours with reasonable notice.

5. Inspection and rejection of goods

   1. TCC shall inspect all Goods delivered to the Facility as soon as reasonably practicable after their delivery to the Facility.
   2. TCC may reject and return any Goods that are:
      1. defective or that do not conform to their description;
      2. TCC has reason to believe that they breach any of the warranties in Clause 3; or
      3. where they are not listed on the relevant Consignment Form.
   3. TCC may decline to sell specific Goods within a consignment at any time. Such declined Goods shall be returned to the Seller within 5 Business Days.
   4. Any costs associated with the return of the Goods to the Seller shall be at the expense of the Seller, whether such costs are incurred prior to, after, or during the Term.

6. Agreement on List Price, Guarantee and/or Reserve Price

   1. Following Inspection of the Goods, TCC will advise the Seller of the recommended List Price.
   2. TCC does not normally offer a Guarantee Price and does not normally list items with a Reserve Price. On the specific request of the Seller, these can be negotiated, and if agreed, will be stated on the relevant Consignment Form.
   3. The final decision regarding List Price and/or Reserve Price is at the Seller’s discretion. However, TCC may reject the Goods for consignment if the Seller sets prices that TCC, in its sole discretion, finds too high. Returning such rejected Goods will be at the expense of the Seller. 
   4. The agreed List Price, Guarantee Price (if any) and/or Reserve Price (if any) will be documented by the parties in writing or electronic form, and such agreement supersedes any prices stated in the Consignment Form. 

7. Advance Payment

   1. No Advance Payment is payable unless expressly stipulated in the Consignment Form.
   2. If an Advance Payment is stipulated in the Consignment Form, TCC shall pay the Seller the Advance Payment within 15 Business Days of receipt by TCC of the Goods, unless the Goods are rejected by TCC.
   3. An Advance Payment is not a guarantee for a sale of the Goods, and any Advance Payments are subject to repayment in accordance with Clause 18.2.

8. Title and risk

   1. Risk in the Goods passes to TCC:
      1. where the Goods are shipped or delivered by the Seller to the Facility, at the time the Goods are delivered to the Facility; 
      2. where TCC has agreed to arrange for the Goods to be collected from the Seller, which shall be at the Seller’s cost, at the time when the Goods are collected from the Seller.

2. Title to Goods shall not pass to TCC or the Buyer until the Seller receives payment of the Sale Price less Commission in full for the Goods from TCC.
    
3. TCC acknowledges that it holds Goods in its possession as bailee for the Seller until such time as title passes in accordance with clause 8.2.

4. TCC's responsibilities before title passes

Until title passes to TCC or a Buyer, TCC shall:

1. ensure that the Goods are kept identifiable from other goods, although TCC shall have the right to remove Seller’s own identification marks;
2. keep the Goods in satisfactory condition; and
3. give the Seller such information as the Seller may reasonably require from time to time relating to the Goods.

4. Insurance

   1. TCC shall insure the Goods, from the time of passing of risk to TCC in accordance with Clause 8.1 and during the Term, on customary insurance terms and cover for the Insurance Value with a reputable insurer.
   2. In the event of damage or loss occurring that is covered under one of the above policies of insurance, TCC shall be liable to the Seller up to the actual insurance payout for such event.

5. Sale of Goods

   1. During the Term, TCC will market the Goods at the List Price. 
   2. During the Term, TCC may sell the Goods, at its discretion, but in no event below the Reserve Price, if any, in any of the following ways:
      1. sell the Goods in auction. TCC shall be able to choose auctions as it sees fit and not be tied to list items in any particular sale. Changes to listings may be required to happen whereby lots need to move to a future auction;
      2. where the Goods have been sold in auction, but the high bidder has defaulted on their obligations to pay, TCC may:
         1. offer and sell the Goods to the underbidder, at the underbidder’s high bid (equal to one bid increment below the winning bid); or
         2. offer and sell the Goods to any other bidder or Buyer TCC sees fit, at the underbidder’s high bid (equal to one bid increment below the winning bid); 
      3. publicly offer the Goods for sale at the List Price on its website, digital marketplace, catalogue or other publications; 
      4. in the case of high value items, sell fractional interest in the Goods to separate buyers, including the sale of cryptocurrency or other form of tokens representing such fractional interests; or
      5. sell the Goods in a direct sale to whomever TCC sees fit.
   3. The Seller is strictly prohibited from bidding on the Goods.

6. Payment of the Sale Price, Commission

   1. Following a sale of the Goods to a Buyer, TCC shall pay the Seller the Sale Price, less any Advance Payment already made and less the Commission, within 35 days of the sale of the Goods, subject always to prior receipt of the Sale Price from the Buyer.

2. If items remain unpaid by the Buyer after 14 days, TCC shall have the right to (without consent from the Seller) sell the Goods to another buyer in any of the ways described in Clause 11.
3. If a Guarantee Price is agreed and
   1. the Goods are sold and the Sale Price is less than the Guarantee Price, then Clause 12.1 applies and the Sale Price shall be deemed to be the Guarantee Price.
   2. the Goods are not sold by the end of the Term, then TCC will purchase the Goods from the Seller at the Guarantee Price.  For the avoidance of doubt, the Commission will be deducted from the Guarantee Price, so the amount paid to the Seller will be the Guarantee Price less Commission.  

4. Confidentiality

   1. Each party undertakes that it shall not at any time disclose to any person any confidential information concerning the business, affairs, Buyers, clients or suppliers of the other party, except as permitted by clause 13.2.

2. Each party may disclose the other party's Confidential information:
   1. to its employees, officers, representatives, contractors, subcontractors or advisers who need to know such information for the purposes of exercising the party's rights or carrying out its obligations under or in connection with this Agreement. Each party shall ensure that its employees, officers, representatives, contractors, subcontractors or advisers to whom it discloses the other party's confidential information comply with this clause;
   2. as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.

3. No party shall use any other party's Confidential Information for any purpose other than to exercise its rights and perform its obligations under or in connection with this Agreement.

4. Limitation of liability

   1. Nothing in this Agreement limits any liability which cannot legally be limited, including liability for:
      1. death or personal injury caused by its negligence, or the negligence of its employees, agents or subcontractors;
      2. fraud or fraudulent misrepresentation.
   2. Each party's total liability to the other in relation to this Agreement shall not exceed the value of the Goods.

3. Neither party shall be liable to the other for any:
   1. loss of profit;
   2. loss of goodwill;
   3. loss of business;
   4. loss of business opportunity; or
   5. special, indirect or consequential damage,

suffered by the other party that arises under or in connection with this Agreement.

15. Compliance with laws and policies

    1. In performing its obligations under the Agreement, TCC shall comply with all applicable laws, statutes, regulations from time to time in force

16. Commencement and term

This Agreement shall begin upon the Commencement Date and shall continue for the Term, unless terminated earlier in accordance with clause 17. The Term expires early upon the sale of the Goods and payment of the Sale Price (in accordance with Clause 12) to the Seller for all of the Goods.

17. Termination

    1. Without limiting its other rights or remedies, either party may terminate this Agreement with immediate effect by giving written notice to the other party if:
       1. the other party commits a material breach of any other term of this Agreement and that breach is irremediable or (if that breach is remediable) fails to remedy that breach within a period of 5 days after being notified in writing to do so;
       2. the other party repeatedly breaches any of the terms of this Agreement in such a manner to reasonably justify the opinion that its conduct is inconsistent with it having the intention or ability to give effect to the terms of this Agreement;
       3. the other party becomes the subject of any kind of insolvency procedure or arrangement with its creditors;
       4. the other party's financial position deteriorates so far as to reasonably justify the opinion that its ability to give effect to the terms of this Agreement is in jeopardy;
       5. any Force Majeure Event prevents the other party from performing its obligations under this Agreement for any continuous period of three months.

18. Obligations on termination

    1. On termination or expiry of the Term, TCC shall:
       1. subject to Clause 18.2, promptly return to the Seller all Goods in its possession that have not been sold or paid for by the Buyer; and
       2. erase all the Seller's Confidential Information from its computer systems (to the extent possible), and on request certify in writing it has complied with this requirement.
    2. On termination or expiry of the Term, the Seller shall within 10 Working Days repay any Advance Payment received by it for any Goods that have not been sold or paid for by the Buyer. TCC shall be entitled to withhold the return of such Goods until it has received in cleared funds repayment of any Advance Payment .  If the Seller fails to repay the Advance Payment within the period stated above, TCC shall have the right, by giving the Seller 10 Working Days’ notice, to unilaterally change the terms of the Agreement such that the Reserve Price is equal to the Advance Payment plus the Commission.  Upon expiry of the notice period, TCC is entitled to sell the Goods in accordance with Clause 11 on these changed terms.  Until the Goods are sold, the Seller can avoid such sale by repaying the Advance Payment at any time prior to such sale, in which case the process reverts to Clause 18.1.

19. Survival

    1. Termination of this Agreement shall not affect any of the parties' rights and remedies that have accrued as at termination, including the right to claim damages in respect of any breach of this Agreement which existed at or before the date of termination.

2. Any provision of this Agreement that expressly or by implication is intended to come into or continue in force on or after termination shall remain in full force and effect.

3. General

   1. Force majeure. Neither party shall be in breach of this Agreement nor liable for delay in performing, or failure to perform, any of its obligations under this Agreement if such delay or failure results from a Force Majeure Event.

2. Rights and remedies. The rights and remedies provided under this Agreement are in addition to, and not exclusive of, any rights or remedies provided by law.

3. No partnership or agency. Nothing in this Agreement is intended to, or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, or authorise any party to make or enter into any commitments for or on behalf of any other party. Each party confirms it is acting on its own behalf and not for the benefit of any other person

4. Assignment. This Agreement is personal to the parties and neither party shall assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of its rights and obligations under this Agreement.

5. Entire agreement.
   1. This Agreement constitutes the entire Agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between them, whether written or oral, relating to its subject matter.
   2. Each party agrees that it shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Agreement. Each party agrees that it shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in this Agreement.
6. Variation. No variation of this Agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).

7. Waiver. A waiver of any right or remedy is only effective if given in writing and shall not be deemed a waiver of any subsequent breach or default. A delay or failure to exercise, or the single or partial exercise of, any right or remedy shall not:
   1. constitute a waiver of that or any other right or remedy; nor
   2. prevent or restrict the further exercise of that or any other right or remedy.

8. Severance. If any provision or part-provision of this Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this Agreement.

9. Notices.
   1. Any notice or other communication given to a party under or in connection with this Agreement shall be in writing, addressed to that party at its registered office or such other address as that party may have specified to the other party in writing in accordance with this clause, and shall be delivered personally, or sent by pre-paid first class post or other next working day delivery service, commercial courier, or email.
   2. A notice or other communication shall be deemed to have been received: if delivered personally, when left at the address referred to in these Terms or the Consignment Form if sent by pre-paid first class post or other next working day delivery service, at 9.00 am on the second Business Day after posting; if delivered by commercial courier, on the date and at the time that the courier's delivery receipt is signed; or, if sent by email, one Business Day after transmission.
   3. The provisions of this clause shall not apply to the service of any proceedings or other documents in any legal action.

10. Third party rights. No one other than a party to this Agreement shall have any right to enforce any of its terms.

11. Governing law. This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales and the courts of England shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Agreement.
     

Schedule 1   Packaging Guidelines

The Seller shall adhere to the following guidelines. If items are not packed according to these guidelines they shall not be covered by TCC’s insurance, such that should they fail to arrive or arrive damaged, the Seller holds no responsibility or liability for such Goods and Seller will not be reimbursed for the loss due or damage of the Goods.

Packing the Coins

Packing guidelines — ungraded (raw) coins

• Individually placed in plastic flips unless they are already in plastic capsules. Check that the flips and/or capsules are intact without cracks or holes and that there is a functioning closing mechanism
• The flips and/or capsules must be tightly closed so that coins do not fall out in transit
• Raw coins that are in their original boxes can be left in the box, assuming that the box closes properly. Please check that the capsules are functioning properly and are tightly closed

Packing guidelines — graded (encapsulated) coins

• Individually wrapped in bubble wrap or other protective packaging, ensuring that this protective packaging does not come undone in transit

Packing the inner box or envelope

• All coins, whether raw or graded, must be securely placed in the inner box. Whether using a box or padded envelope depends on the number of coins and whether they are raw or graded. If you are using an envelope, this must be a padded type and it is recommended to be using a stronger material that can withstand some pressure from sharp objects
• If using a box, it must be sturdy and able to withstand pressure if applied to the outside. Make sure items in the inner box are tightly packed. Fill up with paper, bubble wrap or anything else to make sure items do not move around. Close the envelope or box securely, using tape if necessary

Packing the outer box or envelope

• Place the inner box or envelope inside an outer box or envelope
• The inner box or envelope should not move freely inside the outer box. Fill up with paper, bubble wrap or other packaging if necessary. If possible, use a box supplied by the courier of choice, such as a FedEx labelled box, or DHL labelled envelope
• Do not advertise the contents of the package
• Do not create your own commercial invoice, TCC will provide one
• Print labels and any commercial invoices (if TCC has arranged pickup, we will send these to you by email) and hand to the courier or place inside a pouch attached to the outside of the parcel

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By TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD - 2nd September 2024