Auction & Bidding Information
At DLRC Auctions, we host two auctions every week -- ending on Monday and Thursday evenings.
Our bidding process is easy and transparent to make bidders as comfortable as possible.
Quick Facts
- We are available to assist with bidding and answer any auction questions, Monday-Friday 9am - 5:30pm, EST
- Our auctions typically run for one week at a time, closing between 8-11pm, EST.
- Each auction typically has 750-1000 lots.
- Our bidding process is simple and transparent.
- Reserves on lots are revealed approximately 48 hours prior to auction end
- All lots won will be charged a 15% Buyers Premium, or $9 (whichever is greater).
- View detailed auction Terms & Conditions.
- Shipping Charges. Shipping charges will apply to all auction invoices. Click here for our shipping rates.
- Returns. Auction purchases may only be returned upon DLRC approval within 10 days of receipt of such item. A 5% ($10 minimum) restocking fee will be charged for all auction returns (regardless of payment method). Due to the competitive environment of auctions, we ask that you keep returns to a minimum, and use careful consideration before placing your bids. Sorry, we cannot accommodate layaways on Internet auction purchases without prior agreement.
Layaways
Our layaway and extended payment programs can help with a convenient payment plan to acquire that bigger coin on your wish list.
The use of either payment plan must be pre-approved prior to bidding, but we're here to help. Contact in the Credit Dept, or one of the guys in the and we'll discuss your options.
Trade-Ins
We love trades!
If you have coins to sell or trade against auction purchases, call, email or fax us today with a list and we'll work with you.
Whether you are upgrading your existing collection, or move your focus to a new series, trading in your old coins makes the process easy.
This 3 Easy Ways page will give you more information about selling/trading your coins to us.
Bidding Tips
- Bid Strong & Bid Early. We highly recommend that you bid your highest number early. Tie bids will be given to the first bid received. If you are unsure of the current market value of any coins in this sale, contact one of our numismatists. We are here to help.
- Your highest bid is kept hidden from all other bidders. Once the reserve has been met on a particular lot, your bid will only be increased if another bidder raises you. For example, if the 'reserve' is $1000 and you bid $1250; your highest bid will be only be raised to $1000. If another bidder bids $1100 on the same lot, your bill will increase (by the next increment) to $1150, and he/she will be notified that they have been outbid. Likewise, if the bid is placed by another party to $1500, the highest bid posted will be $1300. Once a reserve has been met, you will only pay one increment over the next highest bidder.
- Your On-line Bids are Binding. Please be careful placing your on-line bids as they are binding and you are obligated to purchase any and all winning lots. If you feel that you have made any bids in error, please email the DLRC Auction group immediately so we can correct the error. You cannot reduce your bid by bidding a lower amount later. Where possible, reserves may be lowered during the auction on some items.
