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1. Philatino is an interactive website that posts auctioneers' listings of lots to be sold at auction, stating an opening and a closing date. Those listings may contain up to 1500 lots, but the advised quantity runs in the 150-300 items range. Those auctions can be offered unreserved or can be placed with a reasonable reserve. Be aware that Philatino will not accept reserves that do not show a competitive commercial sale price.

2. Seller must describe, identify, classify, and grade in a proper manner his offerings. This may be surveyed by Philatino and its decision will be final. Seller must respond to every objection or question made by bidders and in discrepancy must do his best efforts to satisfy buyers. Whenever a proper claim is detected, seller must refund in full and on the spot.

3. Each dealer keeps the right to deny any specific bidder his participation in any of his sale/s, so far he is position to demonstrate the reason (credit problems, delayed payments, unreasonable returns, etc.) And, he is able to reject any bidder or offer that, at his judgement, is believed not to be made in good faith.

4. Philatino reserves the right to withdraw any lot (even a posted one) without further notice or explanation. Seller can't withdraw any lot at all, in case that seller had disposed of a listed item; he must pay to Philatino a fine of twice the reserve or the full actual price at the closure of the sale (whichever would be higher). The same fine will be applicable on every sold lot that is not available to be shipped.

5. Any dispute that hasn't reached a satisfactory solution between buyer and seller will be arbitrated by Philatino and its decision must be accepted by both parties.

6. Seller agrees with all auctioneers' terms as tradition and industry practice reveal and must behave in the most proper and honest manner, giving priority to the fair development of the hobby. Philatino may terminate signed agreements and seller's rights to use Philatino site at any time and without cause by sending the member an e-mailed notice.

7. Dealer member will receive payments in the manner he specifies directly from the buyer and must deliver purchased goods in the best packed possible shape, within 24 hours of reception of the payment (unless credit had been given by seller at his only discretion and risk). Cashed transactions pay a 12% commission of the total invoiced amount and seller agrees to pay to Philatino within 30 days of the auction closure and should list the non cashed transactions in order to discount its commission. Uncashed material will not produce expense to the seller, but properly returned items (inaccurately described) will pay commission. In case of refund of lots, Philatino will hold the commission to cover extra administration costs. Default to this premise may produce the suspension of sellers posting privileges and/or, from the 31st day after the sale in question, a 3% monthly accumulated compounded interest over balances due.

8. Purchased goods are delivered at buyers' risks and expenses; proof of delivery will be an official mailing receipt. If seller delivers an item by second or third class mail without previous agreement with buyer, and no official receipt is issued by postal authorities, seller will be responsible for the integrity and/or the loss of such delivery.

9. If any part of these general conditions is found invalid by a competitive court of law, all other parts shall remain in force. The member agreement shall be governed by rules and regulations of the Buenos Aires Court of Law, and all parties agree to forward disputes to this only forum.

10. Dealer agrees to use buyer's name and address to deliver purchased goods in the strictest confidence. He must keep this information confidential, though he may use it in his own regular mailing (unless buyer requests otherwise). Dealer commits himself to exclude those names and addresses from any public or private list, not to allow mailing copies to third parties and specifically to exclude them from any promotion of his or other people sites in Internet.

11. Philatino is an international organization born to ensemble the best possible selection of recognized world stamps auctioneers and gives them a place where to offer their best philatelic material. This means that we have a discriminating mind, we want to protect buyers from unknowledgeable or unreliable sellers. Philatino is not itself an auction house or a stamp dealer and does not buy, sell or ship any item in its normal business process. However, it can be used as advisor or expert towards every offered item from third parties and puts at sellers and buyers' disposition its world recognized expert committee.

12. Philatino is not directly responsible for other people's procedures; however, we dispose of a fine team of well known philatelic advisors that may survey all offered material and will not allow doubtful and/or deceiving items and/or cheatful descriptions. The repeated failure of a consignor to accomplish these terms allows Philatino to withdraw or suspend the membership status of any individual at his own discretion and without further explanation or notice. Expulsion of a dealer member for these causes withdraws his rights for a deposit refund.

13. Auctioneers in our site are granting the full knowledgeable examinations of every offered item and compromise themselves to describe every defect, reparation, alteration of the original status and/or the original colour with full fairness. Default to these premises is also enough reason to suspend or cancel membership.

14. Each seller member must state with full clearness their individual terms of sale in his profile page and by reading carefully our general buyer's terms and conditions, specify the points that exceeds or correct the general stated terms. Basically, they must indicate their shipping methods and conditions plus costs and expected delay (when differ), the return privileges terms (when differ), the refund terms (when differ) and accepted methods of payment (when differ). We strongly advise not to charge any commission but, if otherwise, this must be also clearly stated therein.

15. Seller warranties the authenticity, non alteration of the original status (repairs) and proper identification of every item he is offering. If any lot results to be declared a forgery, a repaired, or a misidentified item (in this last case, if there is a significant price difference) by a reliable expert committee, seller must refund the full price paid to buyer and must also pay the proper commission plus a fine of u$ 50.-. Whoever wants to offer a doubtful item without falling into those deceptive conditions must state "as is" in the description and fix a reserve price that never can be over the 5% of the market value of a proper copy of the same item.

16. Before any consideration of a new dealer, a signed copy of these Terms and Conditions must be sent to:

PHILATINO
343TP3AR
P.O. Box  02-5780
MIAMI -FLORIDA
33102-5780

USA



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