Auction Rules

1. Registration

If you are not a registered bidder, please complete the online registration form, and you will then be granted full bidding and account privileges after we have taken a moment to review your registration. To avoid any delays, please complete the online registration form as completely as possible. You may write NA for any sections that do not apply to you, but a valid email address is required for our auction and invoice system to function properly. You will be emailed at this address when you bid in our auctions, and we will occasionally email you at this address with links to interesting hobby resources. We pledge not to fill your inbox with junkmail, but we do aim to keep you connected with courteous and relevant emails, friendly reminders, and opportunities for access to quality information. If at any time you forget your login information, you may retrieve your Bidder ID (or user name) and/or your Password by clicking the links at the bottom of the My Account sign-in page. You may also email us at charlespope@redthreadscardco.com with any questions or suggestions.

2. Extended Bidding- Extended bidding will follow the 10 minute rule.  Meaning that the auction will close to all initial bidders at 10:00pm CST or stated auction close time on the advertised auction close date.  If you have not placed a bid by 10:00pm CST or stated auction close time you are not eligible to bid once auction enters the extended period.  Bidding will conclude once no lots have received bids for 15 minutes.  If a lot receives only one bid going into the extended period said bidder will be declared the winner of said lot.

3. Bid Increments- Bid increments will be increased by 10%.

4. Buyers Premium- A 15.9% buyers premium will be added to all winning lots.

5. Authenticity/Returns- Red Threads Card Co. stands by the authenticity of all items. Items that are accompanied by a reputable (PSA, JSA, Steiner, Beckett, etc.) 3rd party authenticator are not returnable. If your item was damaged during shipping or is grossly misrepresented, we want to do everything in our power to correct that for you! Please send us an email with specific details so that we can further assist you. If the item that you received does not match the description or was damaged during the shipping process, please send us an email with photos of the item for review. Due to the nature of an auction, items that are delivered as described are not returnable. Please be sure to inspect your items immediately after receipt as we do require notification within 7 days of receipt if there is any discrepancy.

6. Additional Bidding Policy- Red Threads reserves the right to cancel any bids that they deem to be fraudulent. Including but not limited to any bids placed by the consignor or on the consignors behalf. These situations will constitute a permanent ban from any further auction activity.

7. Shipping to the US is $3 for up to 6 cards. Then it will go to a flat rate of $5 not matter how many cards you win.
Insurance is added at the rate of 1% of item total (winning bid+buyers premium).
International winners will be billed exact shipping plus insurance.
Bigger items such as Photos, Framed Jerseys, etc will be charged exact shipping.

8. Sales Tax - We must collect 7% sales tax for all shipments to IA (Iowa) bidders may supply us with a valid resale number.

9. Payments - For payments of auction winnings, we accept checks, cashiers checks, money orders, and Paypal. Payment is due within 14 days of the auction closing date. Any bidder who can not meet the payment in 14 days should contact us prior to bidding for arrangements. We ask this because we want to be prompt in paying our consignors. In the event of a Late/Non Payment, the bidder agrees to pay all of the auctioneer's reasonable attorney's fees and costs involved in collection of funds, plus 2% interest per month on any unpaid balance, starting from the original due date until the date that all funds have been collected. The jurisdiction for any litigation shall be in the State of Iowa, or at the discretion of the auctioneer. If a winning bidder does not honor his or her bid with payment in full per the auction rules, then it is agreed that Red Threads Card Co. LLC at its sole discretion can sell the given item(s) to the under bidder or re offer the items in a future auction, and that the original winning bidder is responsible for any losses incurred or service charges involved in the sale of the said item(s) and that the non paying winning bidder explicitly agrees to pay any and all costs of collection, including, but not limited to, reasonable attorney's fees incurred by Red Threads Card Co. LLC in the collection of these losses and/or service charges from the non paying winning bidder.

10, Acceptance of Terms - Each of the terms in the auction rules are distinct and separate. Placing a bid constitutes acceptance of the above terms. Red Threads Card Co. LLC reserves the right to reject any and all bids from any bidder.