Consigning to our auctions is an easy process. Here's the deal:
NO Seller's Fees !
$5 Listing Fee per item
Send your PCGS, NGC, ANACS, and PMG coins and currency to: iMarketing LLC, PO Box 726, Fairfax, VA 22038
We'll send you a confirmation when your consignment arrives. Then, sit back and cash checks. We do all the work.
Certified Coins & Currency: We accept all United States, world, and ancient coins and currency certified by PCGS, NGC, PMG, and ANACS. At our discretion we may accept consignments of raw coins and currency for auction.
Minimum Bids: All of our auctions are No Reserve auctions. We set a minimum opening bid of 60% of wholesale bid. If the coin or currency does not have a reliable wholesale market price, we start the item at 45% of the retail price. In the event your item does not receive a bid, we will list it two more times at no additional cost to you.
Listing Fees: We charge a flat $5 per item fee to professionally image your item and list and promote it in our auctions.
Seller’s Fees: None!
Scheduling: All of our auctions are specific events on specific days focusing on a certain range of coins or currency in order to direct collectors’ interest to that auction. We will put your items in the next available auction that has similar product focus. We will confirm with you which of your items are being placed in which auction.
Our Promise: We will not auction two of the same coin or currency in the same grade in the same auction. We try to only have one of each item regardless of grade in an auction. If we do auction two or more items that are the same, there must be a two point grade differential. For example, an 1881-S Morgan Dollar in MS-63 and MS-65 could be in the same auction, but we try to avoid it.
Third Party Grading: If you have a serious collection of raw coins or currency, we can submit the items directly to PCGS, NGC and PMG for grading before they go to auction. Fees vary.
Payment: Checks are mailed within 30 days of receiving payment from the purchaser. In the event an item sells, but the buyer does not pay, we will re-auction the item with no charge to you.
Additional Terms & Conditions:
Consignor agrees that the Auction shall be conducted online by Penny Pincher Auctions according to the terms and conditions published at www.PennyPincherAuctions.com/Home/terms. This agreement is subject to arbitration.
Consignor warrants that  Consignor is the legal owner of and has full title and interest in the coins/items consigned to Penny Pincher Auctions  all coins/items consiged to Penny Pincher Auctions are free and clear of any liens, encumbrances, security interests or contract rights restricting the unconditional rights to sell all rights, title and interest in and to such coin/item  all consigned coins/items are authentic and in respect to third party certified items have not been tampered with or resealed.
Consignor agrees to pay Penny Pincher Auctions a Listing Fee for each coin/item offered for auction.
Consignor acknowledges that the Hammer Price is the final bid price accepted by Penny Pincher Auctions. The Hammer Price does not include the Buyer’s Premium, which is retained by Penny Pincher Auctions in full.
Penny Pincher Auctions has the right in its sole discretion to reject any consignment, to cancel any auction, to postpone or change the date/time of any auction and/or rescind any sale. Penny Pincher Auctions reserves the right in its sole discretion to cancel or reject any bidder from bidding when we believe it is not in the Consignors’ and/or Penny Pincher Auctions best interests.
If the winning bidder does not pay within 10 days of the close of the auction, Penny Pincher Auctions reserves the following rights:  declare the sale null and void and return the consigned item to the consignor  declare the sale null and void and re-offer the consigned item for sale in another auction.
Penny Pincher Auctions will remit to the Consignore, within 30 days of receiving payment, the net proceeds, which equals the Hammer Price less the Listing Fees, other monies owed to Penny Pincher Auctions by Consignor. In the event the Consignor’s sales do not exceed the fees or monies owed to Penny Pincher Auctions, the Consignor agrees to pay Penny Pincher Auctions all monies owed within seven days of invoice date.
Any claim or dispute arising out of the sale of coins, currency, or other items by Penny Pincher Auctions shall be settled by arbitration between the parties in accordance with the rules of the American Arbitration Association (AAA). Any claim pertaining to this Agreement and/or Auction must be commenced within three months of the Auction or the claim is waived.
This contract is the entire Agreement between the parties and supersedes all prior Agreements. The warranties and representations contained in this Agreement survive the date of execution by each party herein and the performance of all terms and conditions contained in this Agreement. This Agreement shall be governed by the laws of the State of Virginia.