Website Terms & Conditions

The thecoincabinet.com and thecoincabinet.co.uk (together the “Website”) are owned by TCC ANCIENTS LTD reg: 15865704 / TCC AUCTIONS LTD reg:15865766  / TCC DIRECT LTD reg: 15865879. Registered at 26 Seymour Street, London, W1H 7JA. By using the Website and/or entering into dealings with us you agree to accept the following Website Terms & Conditions. We reserve the right to update and change the website and these terms without prior warning or notice. These Website Terms & Conditions do not affect your statutory rights. 

Background:

These Terms and Conditions (“Terms”) apply as between you, the User of the Website and TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD  (referred to as “TCC”, “we”, “our”, or “us”), the owners of the Website. Your agreement to comply with and be bound by these Terms and Conditions is deemed to occur upon your first use of the Website. If you do not agree to be bound by these Terms and Conditions, you must stop using the Website immediately.

1. Definitions and Interpretation

In these Terms the following terms shall have the following meanings:

“Account” collectively the personal information, Payment Information and credentials used by Users to use the services made available from time to time and/or any communications System on the Website;

“Content” any text, graphics, images, audio, video, software, data compilations and any other form of information capable of being stored in a computer that appears on or forms part of this Website;

“Data Protection Legislation” means applicable law relating to the protection of personal data;

“Data Subject” shall have the same meaning as set out in the Data Protection Legislation;

“Intellectual Property Rights” mean all patents, rights to inventions, utility models, copyright and related rights, trademarks, service marks, trade, business and domain names, rights in trade dress or get-up, rights in goodwill or to sue for passing off, unfair competition rights, rights in designs, rights in computer software, database rights, semi-conductor topography rights, moral rights, rights in confidential information (including know-how and trade secrets) and any other intellectual property rights, in each case whether registered or unregistered and including all applications for and renewals or extensions of such rights, and all similar or equivalent rights or forms of protection in any part of the world

“Personal Data” shall have the same meaning as set out in the Data Protection Legislation;

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

“Service” collectively any online facilities, tools, services or information that TCC makes available through the Website either now or in the future;

“System” any online communications infrastructure that TCC makes available through the Website either now or in the future. This includes, but is not limited to, web-based email;

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

“User(s)” any person that accesses the Website; and

“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, https://www.sixbid.com/en/companies/the-coin-cabinet and any sub-domains of this site.

2. Age Restrictions

Persons under the age of 18 should use this Website only with the supervision of an Adult. Payment Information must be provided by or with the permission of an Adult.

3. Intellectual Property

All Content included on the Website, unless uploaded by Users, including, but not limited to, text, graphics, logos, icons, images, sound clips, video clips, data compilations, page layout, underlying code and software is the property of TCC, our affiliates or other relevant third parties. By continuing to use the Website you acknowledge that such material is protected by applicable laws and regulations within the United Kingdom internationally, including, but not limited to, all Intellectual Property Rights.

You may not reproduce, copy, distribute, store or in any other fashion re-use material from the Website unless otherwise indicated on the Website or unless given prior express written permission to do so by TCC.

Specifically, you will not systematically copy Content from the Website with a view to creating or compiling any form of comprehensive collection, compilation, directory or database unless given express written permission to do so by TCC.

However, material from the Website may be re-used without written permission where any of the exceptions detailed in Chapter III of the Copyright Designs and Patents Act 1988 apply.

4. 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.

5. Data Protection

We shall comply with all applicable requirements of the Data Protection Legislation. This clause 5 is in addition to, and does not relieve, remove or replace, our obligations under the Data Protection Legislation.

Without prejudice to the generality of clause 5, we shall, in relation to any Personal Data processed in connection with the Service:

• ensure that we have in place appropriate technical and organisational measures to protect against unauthorised or unlawful processing of Personal Data and against accidental loss or destruction of, or damage to, Personal Data, appropriate to the harm that might result from the unauthorised or unlawful processing or accidental loss, destruction or damage and the nature of the data to be protected, having regard to the state of technological development and the cost of implementing any measures (those measures may include, where appropriate, pseudonymising and encrypting Personal Data, ensuring confidentiality, integrity, availability and resilience of its systems and services, ensuring that availability of and access to Personal Data can be restored in a timely manner after an incident, and regularly assessing and evaluating the effectiveness of the technical and organisational measures adopted by it);
• if we transfer any Personal Data outside of the UK, we will provide appropriate safeguards in relation to the transfer and ensure an adequate level of protection to any Personal Data that is transferred;
• comply with the reasonable instructions notified to us in advance by you, with respect to the processing of your Personal Data;
• notify you without undue delay on becoming aware of a Personal Data breach including without limitation any event that results, or may result, in unauthorised access, loss, destruction, or alteration of Personal Data in breach of this agreement;
• at your written direction, delete or return Personal Data and copies thereof.

The provisions of this clause shall apply during the continuance of the provision of the Service and indefinitely after its expiry or termination.

We may anonymise Personal Data for our own purposes, including statistical analysis of the use of our technology in order to improve the Services.

Use of the Website is also governed by our Privacy Policy which is incorporated into these terms and conditions by this reference and is available to view on our website.

6. Links to Other Websites

This Website may contain links to other sites. Unless expressly stated, these sites are not under the control of TCC or that of our affiliates. We assume no responsibility for the content of such websites and disclaim liability for any and all forms of loss or damage arising out of the use of them. The inclusion of a link to another site on this Website does not imply any endorsement of the sites themselves or of those in control of them.

7. Links to this Website

Those wishing to place a link to this Website on other sites may do so only to the home page of the site www.thecoincabinet.com without prior permission. Deep linking (i.e. links to specific pages within the site) requires the express permission of TCC. To find out more please contact us by email at contact@thecoincabinet.com.

8. Use of Communications Facilities

When using any System on the Website you should do so in accordance with the following rules:

• You must not use obscene or vulgar language;
• You must not submit Content that is unlawful or otherwise objectionable. This includes, but is not limited to, Content that is abusive, threatening, harassing, defamatory, ageist, sexist or racist;
• You must not submit Content that is intended to promote or incite violence;
• It is advised that submissions are made using the English language as we may be unable to respond to enquiries submitted in any other languages;
• The means by which you identify yourself must not violate these Terms and
  Conditions or any applicable laws;
• You must not impersonate other people, particularly employees and representatives of TCC or our affiliates; and
• You must not use our System for unauthorised mass-communication such as
  “spam” or “junk mail”.

You acknowledge that TCC reserves the right to monitor any and all communications made to us or using our System.

You acknowledge that TCC may retain copies of any and all communications made to us or using our System.

You acknowledge that any information you send to us through our System or post on the enquiry form may be modified by us in any way and you hereby waive your moral right to be identified as the author of such information. Any restrictions you may wish to place upon our use of such information must be communicated to us in advance and we reserve the right to reject such terms and associated information.

9. Accounts

In order to use the Services on this Website and to use the enquiry form facilities you are required to create an Account which will contain certain personal details and Payment Information which may vary based upon your use of the Website as we may not require payment information until you wish to make a purchase. By continuing to use this Website you represent and warrant that:

• all information you submit is accurate and truthful;
• you have permission to submit Payment Information where permission may be required; and
• you will keep this information accurate and up-to-date.

Your creation of an Account is further affirmation of the above representation and warranty.

You must not share your Account details, particularly your username and password. TCC accepts no liability for any losses or damages incurred as a result of your Account details being shared by you. If you use a shared computer, it is recommended that you do not save your Account details in your internet browser.

If you have reason to believe that your Account details have been obtained by another without consent, you should contact TCC immediately to suspend your Account and cancel any unauthorised purchases that may be pending. Please be aware that purchases can only be cancelled until they are dispatched. In the event that an unauthorised purchase is dispatched prior to your notifying us of the unauthorised nature of the purchase, TCC accepts no liability or responsibility and you should make contact with the Carrier detailed in the purchase information, collectively any orders, invoices, dispatch notes, receipts or similar that may be in hard copy or electronic form.

When choosing your username you are required to adhere to the terms set out above in Clause 8. Any failure to do so could result in the suspension and/or deletion of your Account.

10. Termination and Cancellation

Either TCC or you may terminate your Account. If TCC terminates your Account, you will be notified by email and an explanation for the termination will be provided. Notwithstanding the foregoing, we reserve the right to terminate without giving reasons.

If TCC terminates your Account, any current or pending purchases on your Account will not be cancelled and will be dispatched.

If you terminate your Account any non-dispatched purchases will be cancelled and you will be refunded any monies paid in relation to those purchases.

11. Disclaimers

TCC makes no warranty or representation that the Website will meet your requirements, that it will be of satisfactory quality, that it will be fit for a particular purpose, that it will not infringe the rights of third parties, that it will be compatible with all systems, that it will be secure and that all information provided will be accurate. We make no guarantee of any specific results from the Services.

No part of this Website is intended to constitute advice and the Content of this Website should not be relied upon when making any decisions or taking any action of any kind.

No part of this Website is intended to constitute a contractual offer capable of acceptance.

Whilst TCC uses reasonable endeavours to ensure that the Website is secure and free of errors, viruses and other malware, all Users are advised to take responsibility for their own security, that of their personal details and their computers.

12. Changes to the Service and these Website Terms and Conditions

TCC reserves the right to change the Website, its Content or these Terms and Conditions at any time. You will be bound by any changes to the Terms and Conditions from the first time you use the Website following the changes..

12. Availability of the Website

The Service is provided “as is” and on an “as available” basis. We give no warranty that the Service will be free of defects and / or faults. To the maximum extent permitted by the law we provide no warranties (express or implied) of fitness for a particular purpose, accuracy of information, compatibility and satisfactory quality.

TCC accepts no liability for any disruption or non-availability of the Website resulting from external causes including, but not limited to, ISP equipment failure, host equipment failure, communications network failure, power failure, natural events, acts of war or legal restrictions and censorship.

13. 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.

TCC does not warrant that the use of the Service will be uninterrupted or error free. Among other things, the operation and availability of the Systems used for accessing the Service, including public telephone services, computer networks and the Internet, can be unpredictable and may from time to time interfere with or prevent access to the Service. TCC is not in any way responsible for any such interference or prevention of access or use of the Service, including, but not limited to, failures to make a bid.

Nothing in these terms and conditions excludes or restricts TCC’s liability for death or personal injury resulting from any negligence or fraud on the part of TCC or any liability that, by law,  cannot be excluded.

14. 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 contact@thecoincabinet.com. 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 contact@thecoincabinet.com.

15. 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 GROUP COMPANIES: 21st May 2025

Privacy Policy & GDPR

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: contact@thecoincabinet.com

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:

• analytics providers, such as Google; 
• advertising networks, such as Facebook; and
• 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 legal@auctionmobility.com.

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 GROUP COMPANIES: 21st May 2025

Sale Terms and Conditions

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, Registered at 26 Seymour Street, London, W1H 7JA (referred to as “TCC”, “we”, “our”, or “us”) whether at Auction or by direct purchase. By purchasing Goods from us, you agree 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, https://www.sixbid.com/en/companies/the-coin-cabinet 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.

Payments may be made via bank transfer or PayPal in any currency. Credit and debit card payments may be made via PayPal only and will incur a 2.9% processing fee.

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.
• report the Buyer and details of the non-payment to the police, to credit-reference and fraud-prevention agencies, to other auction houses, and to other relevant businesses or associations within and outside the numismatic trade, where TCC reasonably believes such reporting to be appropriate and lawful.

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 TCC’s 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 proof of shipment. All Goods will be insured during transit at the 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.

The default shipping method for UK orders up to £20,000 is Royal Mail Special Delivery, and for all international orders it is DHL Express. If the buyer does not specify a preferred shipping method and no confirmation is received from our team or a TCC representative, we will proceed with the default shipping method.

The current shipping rates and available options are outlined below.

Insurance coverage of 0.35% of the order total will apply to all UK invoices, and 0.85% of the order total will apply to all international purchases.

Shipping costs may increase for:

• Orders of multiple Goods, bulky, or heavy items over 2kg.
• Orders to remote locations that have a surcharge.

TCC provides a shipping service through our agent in the EU. The cost for this service is £250, plus 9% EU import VAT. To utilise this service, the Buyer must contact us directly.

If a Consignor is unable to deliver consigned item(s) in person or via their own courier, TCC can arrange collection of the consignment using a secure courier service such as DHL. The Consignor shall be responsible for the full cost of this collection, including applicable courier charges, insurance, and any remote area surcharges.

Similarly, if any item(s) remain unsold at auction and the Consignor requests return of those items, TCC will arrange shipping using its standard insured delivery method. The Consignor will be responsible for the corresponding shipping and insurance fees as per the prevailing rates listed above.

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 contact@thecoincabinet.com. 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 contact@thecoincabinet.com.

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 GROUP COMPANIES: 27th March 2026

Consignment Terms  & Conditions

Background

TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD (“TCC”) operate a marketplace and auctions for collectibles.

The Seller wishes TCC to market the Goods for sale on their behalf by way of consignment.

The Seller is willing to deliver the Goods to TCC on the terms and conditions set out herein.

Agreed Terms

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

Table of Contents

1. Interpretation

2. Consignment of goods

3. Quality of goods

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

5. Inspection and rejection of goods

6. Title and risk

7. TCC's responsibilities before the title passes

8. Sale of Goods

9. Payment of the Price

10. Confidentiality

11. Limitation of liability

12. Insurance

13. Compliance with laws and policies

14. Commencement and term

15. Termination

16. Obligations on termination

17. Survival

18. General

Schedule 1 Packaging Guidelines

1. Definitions:

Advance Payment: an advance payment on the potential Sale Price (less Commission) by TCC to the Seller, as may be set out in the relevant Consignment Form.

Agreement: the Consignment Form together with these Terms & Conditions, in that order of precedence.

Business Day: a day, other than a Saturday, Sunday or public holiday in England, when banks in London are open for business

Business Hours: the period from 9.00 am to 5.00 pm on any Business Day

Commencement Date: the date set out in the relevant Consignment Form

Commission: the commission stated in the applicable Consignment Form.  If no commission rate is stated in the Consignment Form, the Commission is 10% +VAT of the Sale Price or Guarantee Price (if applicable).

Confidential Information: any information, which by its nature is confidential, concerning the business, affairs, buyers, clients or suppliers of the other party

TCC: TCC ANCIENTS LTD / TCC AUCTIONS LTD / TCC DIRECT LTD, as the case may be, incorporated and registered in England and Wales and whose registered office is at 26 Seymour Street, London, W1H 7JA

Consignment Form: a Consignment Form that the Seller and TCC may from time to time enter into and which shall be subject to these terms and conditions

Seller: the party identified as such in the Consignment Form

Buyer: a party to whom TCC arranges the sale of the Goods

Facility: TCC's premises at the address in the parties section above, or any such other facility used by TCC to keep the Goods in custody.

Force Majeure Event: an event or circumstance beyond the reasonable control of the party invoking a Force Majeure Event

Goods: the goods which the Seller wishes TCC to sell on the Seller’s behalf, as listed in the Consignment Form

Insurance Value: the value of the Goods for insurance purposes, as set out on the relevant Consignment Form

List Price: the price, as stated in the Consignment Form or subsequently agreed between the parties, at which the Goods will be offered for sale by TCC

Reserve Price / Guarantee Price or Guarantee: the minimum Sale Price, as stated in the Consignment Form or subsequently agreed between the parties, at which the Goods may sold, the amount (less Commission), as stated in the Consignment Form or subsequently agreed between the parties, which TCC agrees to pay to the Seller, regardless of the Sale Price, subject to Clause 12.3.

Sale Price: the headline price (excluding any VAT, fees & commissions) at which the Goods are actually sold to the Buyer. In auction, the Sale Price will be equal to the hammer price.

Term: the term set out under the applicable Consignment Form
 

• Clause and Schedule headings shall not affect the interpretation of this Agreement.
• Person includes a natural person, a corporate or unincorporated body (whether or not having a separate legal personality).
• 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.
• A reference to a company shall include any company, corporation or other body corporate, wherever and however incorporated or established.
• Unless the context otherwise requires, words in the singular shall include the plural and in the plural shall include the singular.
• A reference to any party shall include that party's personal representatives, successors and permitted assigns.
• A reference to a statute or statutory provision shall include all subordinate legislation made from time to time under that statute or statutory provision.
• A reference to writing or written includes email.

2. Consignment of Goods

2.1 The Parties may agree on 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.

2.2 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.

2.3 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.

2.4 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

The Seller warrants and represents that the Goods supplied by the Seller under this Agreement

• are authentic and conform to the description and quality set out under the relevant Consignment Form;
• are owned in full by the Seller;
• 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

4.1 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.

4.2 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.

4.3 The Seller must prepare and pack the Goods in accordance with with the packing guidelines set out under Schedule 1.

4.4 TCC shall keep the Goods fully insured during the Term at the Facility.

4.5 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.

4.6 The Seller may inspect the Facility during Business Hours with reasonable notice.

5. Inspection and rejection of goods

5.1 TCC shall inspect all Goods delivered to the Facility as soon as reasonably practicable after their delivery to the Facility.

5.2 TCC may reject and return any Goods that are:

• defective or that do not conform to their description;
• TCC has reason to believe that they have breached any of the warranties in Clause 3; or
• where they are not listed on the relevant Consignment Form.

5.3 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.

5.4 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

6.1 Following Inspection of the Goods, TCC will advise the Seller of the recommended List Price.

6.2 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.

6.3 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. 

6.4 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

7.1 No Advance Payment is payable unless expressly stipulated in the Consignment Form.

7.2 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.

7.3 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

8.1 Risk in the Goods passes to TCC:

• where the Goods are shipped or delivered by the Seller to the Facility, at the time the Goods are delivered to the Facility; 
• 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.

8.2 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.
 

8.3 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.

9. TCC's responsibilities before title passes

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

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

10. Insurance

10.1 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.

10.2 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.

11. Sale of Goods

11.1 During the Term, TCC will market the Goods at the List Price. 

11.2 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:

• 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;
• where the Goods have been sold in auction, but the high bidder has defaulted on their obligations to pay, TCC may:

offer and sell the Goods to the underbidder, at the underbidder’s high bid (equal to one bid increment below the winning bid); or

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); 

• publicly offer the Goods for sale at the List Price on its website, digital marketplace, catalogue or other publications; 
• 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
• sell the Goods in a direct sale to whomever TCC sees fit.

11.3 The Seller is strictly prohibited from bidding on the Goods.

12. Payment of the Sale Price, Commission

12.1 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.

12.2 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.

12.3 If a Guarantee Price is agreed and

• 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.
• 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.  

13. Confidentiality

13.1 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.

13.2 Each party may disclose the other party's Confidential information:

• 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;
• as may be required by law, a court of competent jurisdiction or any governmental or regulatory authority.

13.3 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.

14. Limitation of liability

14.1 Nothing in this Agreement limits any liability which cannot legally be limited, including liability for:

• death or personal injury caused by its negligence, or the negligence of its employees, agents or subcontractors;
• fraud or fraudulent misrepresentation.

14.2 Each party's total liability to the other in relation to this Agreement shall not exceed the value of the Goods.

14.3 Neither party shall be liable to the other for any:

• loss of profit;
• loss of goodwill;
• loss of business;
• loss of business opportunity; or
• 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

15.1 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

16.1 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

17.1 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:

• 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;
• 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;
• the other party becomes the subject of any kind of insolvency procedure or arrangement with its creditors;
• 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;
• 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

18.1 On termination or expiry of the Term, TCC shall:

• 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
• 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.

18.2 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

19.1 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.

19.2 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.

20. General

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.

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.

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

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.

Entire agreement.

• 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.
• 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.

Variation. No variation of this Agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).

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:

• constitute a waiver of that or any other right or remedy; nor
• prevent or restrict the further exercise of that or any other right or remedy.

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.

Notices.

• 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.
• 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.
• The provisions of this clause shall not apply to the service of any proceedings or other documents in any legal action.

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

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 a 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 them inside a pouch attached to the outside of the parcel

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By TCC GROUP COMPANIES: 21st May 2025

TCC ADV LTD – Terms & Conditions

1. Definitions

For the purposes of these Terms and Conditions, the following definitions shall apply:

1.1 “TCC ADV” refers to TCC ADV LTD, a company incorporated and registered in England and Wales under company number 16327162, with its registered office at 26 Seymour Street, Ground Floor, London, W1H 7JA.

1.2 “Consignor” means any individual or legal entity that submits one or more items to TCC ADV or any of its Auction Partners for the purpose of auction, and who enters into an Advance Payment Agreement with TCC ADV.

1.3 “Advance” or “Advance Payment” refers to the pre-auction pre-payment issued by TCC ADV to the Consignor based on the consignment of physical items, as further detailed in the Advance Payment Agreement.

1.4 “Advance Payment Agreement” means the legally binding agreement between the Consignor and TCC ADV, outlining the specific terms of the advance, consigned items, repayment obligations, and related provisions.

1.5 “Auction Partner” means any auction house within the TCC Group that facilitates the sale of consigned items, including but not limited to:

• TCC Auctions Ltd (Company No. 15865766),
• TCC Ancients Ltd (Company No. 15865704),

or any future affiliated auction entity designated by TCC ADV.

1.6 “Consignment” refers to any item or group of items submitted by the Consignor to an Auction Partner for the purpose of sale at public auction, including but not limited to ancient coins, modern coins, gold bullion, or numismatic items.

1.7 “Fees” refers to the service charges applied to the Advance, calculated as a percentage of the advance amount, as detailed in the applicable agreement and section 3 of these Terms and Conditions.

1.8 “Unsold Item” means any consigned item that fails to sell during a scheduled auction cycle and remains in the possession or control of TCC ADV or its Auction Partner.

1.9 “Buyback” refers to the process whereby the Consignor repurchases an unsold item that became the property of TCC ADV,  upon repaying to TCC ADV the full advance amount and any applicable service fees, in accordance with the provisions outlined herein.

1.10 “Terms and Conditions” or “T&Cs” refers to this document, including any future revisions, updates, or supplements made available by TCC ADV.

1.11 “KYC/AML” refers to Know Your Customer and Anti-Money Laundering procedures, including all due diligence, verification, and compliance checks carried out in accordance with applicable UK law and regulatory guidance.

1.12 “Business Day” means any day other than a Saturday, Sunday, or public holiday in England and Wales, on which banks are open for business in London.

2. Eligibility for Advance Payments

2.1 Minimum Eligibility Requirements: To be eligible to receive an advance from TCC ADV, the Consignor must satisfy the following minimum criteria:

a) Be at least 18 years of age (if an individual), or a duly authorised representative of a legal entity;

b) Provide valid proof of identity, address and other applicable documents as required under KYC/AML regulations;

c) Submit one or more eligible items for consignment with a combined minimum estimated value of £20,000 (twenty thousand pounds sterling), unless otherwise agreed in writing by TCC ADV;

d) Hold full legal and beneficial ownership of the consigned items, free from any third-party claims, encumbrances, or liens.

2.2 Item Type and Advance Scope: TCC ADV reserves the right to determine, at its sole discretion, whether an item qualifies for advance payment. As a general guideline:

a) Gold-Based Items: Advances will be routinely offered on items where 100% of the value is based on the spot value of gold (e.g., bullion coins or investment-grade gold coins). In such cases, the maximum advance shall not exceed 80% of the gold value on the date the advance is approved.

b) Numismatic or Rare Coins: Advances may be considered on a case-by-case basis where the item’s value is based on historical, numismatic, or collector merit. Approval shall be subject to:

• Verified market demand for the category;
• A recent sales history (ideally within the last 3 months) of comparable items, provided by a TCC Group Auction Partner;
• Satisfactory risk assessment by TCC ADV.

2.3 Discretion to Decline: TCC ADV reserves the absolute right to decline an application for an advance payment for any reason, including but not limited to:

a) Incomplete documentation or due diligence;

b) Concerns regarding item authenticity or marketability;

c) Unfavourable compliance findings (including KYC/AML or sanctions screening);

d) Lack of sufficient auction track record or valuation clarity.

2.4 One-Time Assessment: Eligibility for advance payment is assessed independently for each consignment. Prior approval of a previous consignment does not guarantee approval of any subsequent application.

2.5 Re-Evaluation: TCC ADV may re-evaluate the eligibility of any item or consignment at any time prior to the disbursement of the advance. If material concerns arise, TCC ADV may cancel or amend the terms of the offer.

3. Advance Structure & Fee Model

3.1 Advance Amount and Limits: The amount advanced to the Consignor (“Advance”) shall be determined at the sole discretion of TCC ADV and shall be based on:

a) The verified market value of the consigned item(s);

b) The type of consignment (e.g., gold-based or numismatic);

c) The applicable maximum advance percentage as outlined below.

Unless otherwise agreed in writing, the maximum advance percentages shall be:

Advance Tier           Advance Limit (% of item value)                     Service Fee 

Tier 1                        30%                                                                    2%

Tier 2                        50%                                                                    3%

Tier 3                        60%                                                                    5%

Tier 4                        80%                                                                    7%

3.2 Advance Term: All advances are issued on a standard two-month cycle, aligned with the typical duration of the auction and settlement process. TCC ADV may, at its discretion, extend or shorten this cycle depending on operational timelines or by mutual agreement with the Consignor.

3.3 Service Fees: Service fees are calculated monthly, in some cases daily and apply to the full amount advanced. Fees are non-compounding and accrue until the earlier of:

a) The sale of the consigned item(s) at auction and repayment via net proceeds;

b) Repayment of the advance by the Consignor in the event of item withdrawal or buyback;

c) Full default and enforcement under Clause 7.

Service fees are deducted from sale proceeds or may be invoiced directly in specific cases.

3.4 Fee Waiver Periods: In certain promotional periods or during the initial launch phase of TCC ADV, service fees may be waived or reduced at TCC ADV’s discretion. Any such waiver shall be explicitly confirmed in writing and does not constitute an amendment to these Terms & Conditions unless incorporated formally.

3.5 Payment Method: Advance payments are made by bank transfer to the Consignor’s nominated account following execution of the Advance Payment Agreement and completion of all verification checks. Payment will be made in GBP (pounds sterling) unless otherwise agreed.

3.6 Use of Proceeds and Automatic Repayment: Upon sale of the consigned item(s), auction proceeds shall be applied in the following order:

a) Repayment of the Advance;

b) Payment of any outstanding service fees and/or costs;

c) Transfer of the remaining balance, if any, to the Consignor.

3.7 Currency and Fees: All amounts referred to in this clause are denominated in GBP and exclusive of any bank charges or foreign exchange fees, which shall be borne by the Consignor in the event of international payments.
 

4. Ownership & Title

4.1 Transfer of Legal Title: Upon payment of the Advance, full legal and beneficial ownership of the consigned item(s) shall immediately transfer to TCC ADV. Ownership passes unconditionally to TCC ADV upon the issue of funds. The Consignor acknowledges and agrees that the items shall be held solely in the name of TCC ADV and the items can be sold at an auction and the advance, fees, and applicable charges are repaid in full unless or until such time as the Consignor exercises a buyback in accordance with Clause 6.

4.2 No Security Interest: The Advance shall not constitute a loan or credit facility. 

4.3 Consignor Warranties Regarding Title: The Consignor represents and warrants that:

a) They are the sole legal and beneficial owner of the item(s) submitted for consignment;

b) The item(s) are free from any claim, lien, encumbrance, or restriction;

c) The Consignor has full authority and capacity to transfer the title to TCC ADV;

d) No third party has any ownership or possessory rights to the item(s).

4.4 Retention of Physical Possession: Unless otherwise agreed, the consigned item(s) shall remain in the possession of the designated Auction Partner for the duration of the advance period. TCC ADV shall retain the right to direct the storage, re-listing, or sale of the item(s) at its discretion. 

4.5 Return of Title Upon Repurchase: If the Consignor elects to buy back the consigned item(s) pursuant to Clause 6, full legal title shall revert to the Consignor only upon receipt by TCC ADV of:

a) The total outstanding advance amount;

b) Any applicable fees or charges accrued to date; and

c) Any applicable administrative or processing costs.

4.6 Unsold or Withdrawn Items: Where an item remains unsold and is not subject to buyback by the Consignor, legal title shall continue to reside with TCC ADV, who may, in accordance with Clause 7, elect to relist the item, hold the item, or dispose of it at its discretion.
 

5. Auction Process & Settlement

5.1 Submission to Auction Partner: All consigned item(s) subject to an Advance shall be submitted to an approved Auction Partner within the TCC Group. The Auction Partner shall be responsible for handling the listing, marketing, and sale of the item(s) through one or more public auctions.

5.2 No Restriction on Auction Type: TCC ADV may determine, at its sole discretion, the specific auction or auction type in which the item(s) shall be listed, including standard, premium, timed, or themed sales. The Consignor acknowledges that TCC ADV has full discretion over auction selection, scheduling, and lot positioning.

5.3 Monitoring and Tracking: Each item subject to an Advance shall be flagged within the internal auction system and tracked jointly by TCC ADV and the Auction Partner. The Consignor may request updates on the sale status.

5.4 Sale and Realisation of Proceeds: Following the auction, TCC ADV shall receive the sale proceeds from the Auction Partner and apply such proceeds in the following order:

a) to the repayment of the original Advance amount;

b) to the settlement of all outstanding service fees, late fees, or penalties;

c) to cover any administrative, shipping, or processing charges (if applicable);

d) the remaining balance (if any) shall be transferred to the Consignor within ten (10) Business Days.

5.5 Payment Method: All net proceeds due to the Consignor shall be paid to the bank account provided at the time of onboarding or as later updated in writing. TCC ADV shall not be liable for payment delays caused by incorrect account information or intermediary bank procedures.

5.6 Auction Reserve Prices: TCC ADV reserves the right to set, remove, or adjust reserve prices on consigned item(s) to facilitate sale. Where no reserve is set, the item may sell at the highest bid received, and the Consignor shall remain bound by the settlement and repayment obligations outlined herein.

5.7 Delayed Settlement Events: In the event of a delay in the auction settlement process (e.g., buyer non-payment, shipping hold, or dispute), TCC ADV shall notify the Consignor and may suspend any further disbursements or accounting until the funds are cleared.

5.8 Tax and Withholding: The Consignor shall be solely responsible for any tax reporting, income declarations, or withholding obligations arising from the auction proceeds. TCC ADV does not provide tax advice and shall not be held liable for any tax consequences related to the transaction.
 

6. Unsold Items

6.1 Re-Listing by Default: If a consigned item fails to sell at its initial auction, it will be automatically re-listed by the Auction Partner in the next appropriate auction, unless otherwise has been agreed in writing. The re-listing process may be repeated across multiple auction cycles, subject to Clause 6.3 and Clause 7.

6.2 No Interest Fees After Two Cycles: Where an item remains unsold after two (2) full auction cycles, the Consignor may at its discretion continue to relist the item for sale. No further service fees shall accrue beyond that point. However, the outstanding advance balance shall remain payable and deducted from the sale proceeds once a successful sale occurs.

6.3 Withdrawal by Consignor: If the Consignor requests to withdraw (sell or buy back) an item from auction at any time after the Advance has been issued, the following shall      apply:

a) The full Advance amount shall become immediately due and payable;

b) All accrued service fees and any applicable costs shall be payable in full;

c) No refund of previously paid fees shall be granted;

d) The item shall not be released until full settlement is received by TCC ADV.

6.4 Buyback Option: The Consignor may request to buy back an unsold item, provided the following conditions are met:

a) A written request is submitted to TCC ADV requesting a buy-back;

b) The Consignor repays the full Advance amount plus any accrued service fees and applicable administrative charges;

c) Payment is made in cleared funds to TCC ADV.

Upon successful completion of the buyback, legal title shall revert to the Consignor and the item shall be returned or made available for collection, subject to any applicable delivery costs.

6.5 TCC ADV Buyout Option: Where an item remains unsold after multiple auction cycles, and the market outlook indicates prolonged illiquidity or value deterioration, TCC ADV may, at its discretion, elect to retain the item for its own inventory. The purchase price may be discounted relative to the original estimated value in accordance with the value deterioration at that time.  

6.6 Storage and Insurance During Unsold Period: TCC ADV or its Auction Partner shall store the unsold item(s) in a secure, insured facility for up to six (6) months following the last auction attempt. Thereafter, TCC ADV reserves the right to charge reasonable storage or administration fees unless alternative arrangements are agreed in writing.

6.7 Abandonment and Forfeiture: If an item remains unsold and:

a) The Consignor fails to respond to written communication for a period of 90 days; or

b) The outstanding Advance and fees remain unpaid for three (3) consecutive months;

TCC ADV may declare the item forfeited. Ownership shall vest permanently in TCC ADV, and the item may be disposed of, sold, or retained at its sole discretion. No compensation shall be due to the Consignor in such case. 
 

7. Default and Enforcement

7.1 Definition of Default: A Consignor shall be deemed to be in default under these Terms and Conditions if any of the following occurs:

a) Failure to pay any accrued Fees or charges within fourteen (14) calendar days of their due date;

b) Failure to repay the Advance upon request in accordance with Clause 6.3 (Withdrawal) or 6.4 (Buyback);

c) Failure to respond to repeated communications from TCC ADV for a continuous period exceeding thirty (30) calendar days;

d) Interference with the auction process or deliberate obstruction of the consignment sale;

e) Breach of any warranty or representation made under the Advance Payment Agreement or these Terms and Conditions.

7.2 Late Payment Fees: If a Consignor fails to pay any amount due within fourteen (14) calendar days of its due date:

a) A one-time late payment fee of five percent (5%) of the outstanding amount shall be added to the balance due;

b) TCC ADV reserves the right to suspend further re-listing of the item(s) until such time as payment is made.

If two (2) consecutive monthly payments are missed, the Advance shall become immediately due in full, and Clause 7.3 shall apply.

7.3 Forced Liquidation: If the Consignor fails to make any payment for three (3) consecutive months or is otherwise deemed in material breach, the right to the buy back or withdrawal is forfeitured, and TCC ADV shall be entitled to:

a) Sell the item(s) in any upcoming auction conducted by an Auction Partner or through private sale without further notice;

b) Apply the proceeds first to the outstanding balance and associated fees;

c) Retain or return any surplus (if any) to the Consignor.

The Consignor shall remain liable for any shortfall between the net proceeds and the total amount due, including service fees and administrative costs.

7.4 Additional Enforcement Measures: TCC ADV reserves the right to pursue the following additional enforcement actions in cases of continued non-payment or misconduct:

a) Referral of the outstanding balance to a third-party collection agency;

b) Initiation of legal proceedings in accordance with Clause 13 (Governing Law).

7.5 Waiver and Discretion: TCC ADV may, at its sole discretion, waive any fee or defer enforcement if it believes doing so would serve the commercial interests of both Parties. Any such waiver shall not constitute a continuing waiver or affect TCC ADV’s rights in respect of any subsequent breach or default.

8. Processing Fees

8.1 Standard Processing Fee: A one-time Standard Processing Fee of £100 (one hundred pounds sterling) shall apply to each approved Advance, covering administrative handling, verification, and execution of the Advance Payment Agreement. This fee is payable upon disbursement and may be deducted from the Advance amount or invoiced separately, at TCC ADV’s discretion.

8.2 Express Processing Fee: Where the Consignor requests expedited processing and payment (typically within 24 hours of final documentation), an optional Express Processing Fee of £250 (two hundred and fifty pounds sterling) may apply. This service is subject to availability and approval by TCC ADV.

The Express Processing Fee shall cover:

a) Priority handling of due diligence and agreement issuance;

b) Fast-tracked internal approvals;

c) Same-day or next-business-day payment where feasible.

8.3 Promotional Waivers: TCC ADV may, at its discretion, waive or reduce the Processing Fee during defined promotional periods, pilot campaigns, or on a case-by-case basis as part of business development initiatives. Such waivers shall not entitle the Consignor to permanent or recurring exemption unless confirmed in writing by an authorised representative of TCC ADV.

8.4 Non-Refundable Nature: All Processing Fees (Standard or Express) are strictly non-refundable, regardless of whether the item sells at an auction, or is withdrawn by the Consignor, or is subject to default enforcement. These fees cover administrative effort and third-party compliance tools and are not tied to the auction performance.

8.5 Additional Charges: TCC ADV reserves the right to apply additional administrative or handling charges in the following cases:

a) Material amendment of the Advance terms after execution;

b) Failure to submit required documentation on time, causing delays;

c) Requests for bespoke compliance reports, valuations, or confirmations.

Any such charges will be disclosed in advance and shall not be applied arbitrarily.

9. Termination

9.1 Termination Prior to Advance Disbursement: Either Party may terminate the Advance process without costs 24 hours prior to the payment of the Advance, by providing written notice to the other Party. In such a case:

a) No Advance shall be paid;

b) No service or processing fees shall apply;

c) The consigned item(s) shall be returned to the Consignor, subject to Clause 9.5.

9.2 Termination by Consignor After Disbursement: If the Consignor wishes to cancel the Advance after funds have been disbursed, this shall be treated as a withdrawal under Clause 6.3. In such cases:

a) The full Advance amount becomes immediately due and payable;

b) All accrued service fees and any applicable fees must be paid in full;

c) The item(s) will not be released or returned until full repayment is received.

9.3 Termination by TCC ADV After Disbursement: TCC ADV shall not disburse any Advance until all required anti-money laundering (AML), know-your customer (KYC), and sanctions screening procedures have been satisfactorily completed and shall not make funds or economic resources available to, or receive funds from, any person or entity that is the subject of applicable sanctions laws or regulations. Where an Advance has been disbursed and TCC ADV subsequently becomes aware of, or reasonably suspects::

a) any misrepresentation or non-disclosure by the Consignor in relation to ownership or compliance information  ;

b) any actual or suspected fraud, criminal conduct or sanctions exposure; or 

c) any material breach of this Agreement affecting TCC ADV’s legal or regulatory obligations. 

TCC ADV may immediately suspend all performance under this Agreement, freeze the relevant funds or items, and notify the appropriate authorities in accordance with its legal obligations.

Any further dealings with the Advance or Item shall be subject to applicable AML and sanctions laws. TCC ADV shall not be required to accept, repay, or disburse any funds while such investigations are ongoing.

Following completion of any required regulatory notifications or investigations, TCC ADV may enforce its rights under Clause 7 (Default and Enforcement) in respect of any confirmed breach without delay.

9.4 Termination Due to Regulatory or Legal Requirement: If at any time it becomes necessary to cancel or suspend the Advance due to a change in law, regulatory instruction, or legal requirement, TCC ADV shall notify the Consignor and seek an orderly resolution. In such event:

a) Any funds already disbursed shall remain repayable;

b) Sale of consigned item(s) may be suspended or redirected as needed;

c) TCC ADV shall not be liable for losses incurred by the Consignor as a result of such termination.

9.5 Post-Termination Handling of Items: Upon termination of an Advance, the consigned item(s) shall either:

a) Be returned to the Consignor (subject to repayment obligations and verification); or

b) Be held by TCC ADV or an Auction Partner pending resale or enforcement.

The method and timeline for return shall be agreed in writing, and the Consignor shall be responsible for any applicable shipping, insurance, or customs charges incurred.

9.6 No Waiver of Accrued Rights: Termination of an Advance or the relationship between the Parties shall not affect any rights, obligations, or liabilities which have accrued prior to the date of termination. Clauses intended to survive termination (including but not limited to Clauses 4, 5, 6, 7, 8, and 13) shall remain in full force and effect.

10. Compliance & Verification

10.1 Regulatory Framework: TCC ADV operates in accordance with applicable UK regulations, including but not limited to:

a) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;

b) The Proceeds of Crime Act 2002;

c) The Sanctions and Anti-Money Laundering Act 2018;

d) All relevant guidance issued by HM Revenue & Customs (HMRC), the Financial Conduct Authority (FCA), and the National Crime Agency (NCA).

10.2 Know Your Customer (KYC): Before approving any Advance, TCC ADV will conduct identity verification on the Consignor and may request one or more of the following:

a) A valid government-issued photo ID (e.g., passport, driver’s licence);

b) Proof of address dated within the past three months (e.g., utility bill, bank statement);

c) Full name, date of birth, nationality, and contact details;

d) For legal entities: certificate of incorporation, director ID, shareholder register, and proof of authority.

TCC ADV reserves the right to request additional or updated documentation at any time.

10.3 Anti-Money Laundering (AML) and Sanctions Screening: TCC ADV will screen all Consignors and, where applicable, beneficial owners against relevant watchlists and sanctions databases, including but not limited to:

• UK Government Consolidated Sanctions List
• OFSI, OFAC, EU, UN Sanctions Lists
• Politically Exposed Persons (PEP) databases
• Adverse media and fraud risk indicators

These checks are conducted using third-party compliance platforms such as ComplyAdvantage, Red Flag Alert, Themis, and Encompass. TCC ADV reserves the right to change or update its compliance providers at any time without notice. The platforms listed are non-exhaustive and illustrative only. TCC ADV is under no obligation to disclose or confirm the specific tools or systems used for any individual screening.

10.4 Enhanced Due Diligence (EDD): Where a transaction presents elevated risk (including high value, geographic exposure, or PEP involvement), TCC ADV will conduct Enhanced Due Diligence. This may include:

a) Source of funds/source of wealth verification;

b) Third-party validation of consigned item(s);

c) Ongoing monitoring and periodic review.

EDD is mandatory for transactions exceeding £10,000 or where required by law.

10.5 Item Ownership Verification: The Consignor shall provide truthful and up to date documentation proving legal ownership of the consigned item(s). TCC ADV reserves the right to request:

a) Invoices, receipts, or auction records;

b) Valuation reports or previous insurance certificates;

c) Sworn declarations or chain of custody, where applicable.

Failure to provide satisfactory evidence may result in termination of the agreement.

10.6 Record Keeping and Data Handling: TCC ADV shall retain all KYC, AML, and transaction records for a minimum of five (5) years in accordance with regulatory requirements. All personal data shall be processed in accordance with the UK General Data Protection Regulation (UK GDPR) and TCC ADV’s Privacy Policy.

10.7 Ongoing Compliance Obligations: The Consignor agrees to cooperate with all ongoing compliance checks and acknowledges that any material changes (e.g., change of ownership, contact details, risk exposure) must be reported to TCC ADV without delay.

Failure to comply may result in termination of the Advance or enforcement action as outlined in Clauses 7 and 9.

11. Limitation of Liability 

11.1 No Liability for Auction Outcomes: TCC ADV shall not be liable to the Consignor for any loss, shortfall, or disappointment arising from:

a) failure of a consigned item to sell at auction;

b) The final sale price achieved at auction, including any sale price below estimated value;

c) Changes in market conditions, auction demand, or buyer behaviour.

The Consignor acknowledges that auction outcomes are inherently uncertain and do not constitute a breach of TCC ADV’s obligations.

11.2 Liability Cap: To the maximum extent permitted by law, TCC ADV’s total liability to the Consignor, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, shall be strictly limited to the total amount of service fees actually paid by the Consignor to TCC ADV in connection with the specific Advance or consignment that gave rise to the claim.

11.3 No Liability for Indirect or Consequential Loss: under no circumstances TCC ADV shall not be liable for:

a) Loss of profit, income, or anticipated savings;

b) Loss of business opportunity, reputation, or goodwill;

c) Indirect, incidental, special  or consequential losses or damages.

11.4 Exclusion of Liability for Third Parties: TCC ADV shall not be liable for any act or omission of third parties involved in the auction process, including but not limited to:

a) Auction Partners and their subcontractors;

b) Delivery or storage service providers;

c) Compliance platform providers.

11.5 Events Beyond Control (Force Majeure): TCC ADV shall not be held liable for any delay or failure to perform its obligations under these Terms and Conditions due to circumstances beyond its reasonable control, including but not limited to:

a) Acts of God, natural disasters, or extreme weather;

b) War, terrorism, civil unrest, or strikes;

c) Government action, legal restriction, or regulatory change;

d) Pandemic or epidemic-related disruptions.

In such cases, TCC ADV shall notify the Consignor and take all reasonable steps to resume normal operations.

11.6 No Limitation on Liability for Fraud or Death: Nothing in these Terms and Conditions shall exclude or limit TCC ADV’s liability for:

a) Death or personal injury caused by its negligence;

b) Fraud or fraudulent misrepresentation;

c) Any matter which cannot lawfully be excluded or limited under applicable law.

12. Amendments

12.1 Right to Amend: TCC ADV reserves its right to unilaterally amend, update, or supplement these Terms and Conditions at any time to reflect:

a) Changes in applicable law or regulatory requirements;

b) Modifications to internal policies, business practices, or risk controls;

c) The launch of new services, features, or operational models;

d) Clarifications or corrections to improve accuracy or enforceability.

Any such amendments shall take effect in accordance with Clause 12.2.

12.2 Notice and Effective Date: Any changes to these Terms and Conditions will be published on TCC ADV’s official website at thecoincabinet.com/tccadv-terms. 

Unless otherwise specified, changes shall take effect on the date of publication. Where changes materially affect existing obligations, a minimum of seven (7) calendar days’ notice shall be provided before the changes take effect.

12.3 Continued Use Constitutes Acceptance: The Consignor’s continued use of the Advance service, or submission of further consignments after the effective date of an amendment, shall constitute acceptance of the updated Terms and Conditions. If the Consignor does not accept the updated terms, they must notify TCC ADV in writing and may not submit further consignment requests.

12.4 No Retrospective Changes: Amendments shall not affect the rights or obligations of either Party under any Advance Payment Agreement entered into prior to the effective date of the change, unless explicitly agreed in writing by both Parties.

13. Governing Law

13.1 Governing Law: These Terms and Conditions, and any dispute or claim arising out of or in connection with them, their subject matter or formation (including non-contractual disputes or claims), shall be governed by and construed in accordance with the laws of England and Wales.

13.2 Jurisdiction: The Parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with these Terms and Conditions, or their subject matter or formation.

13.3 Alternative Dispute Resolution: Where appropriate and commercially viable, TCC ADV may offer or agree to resolve disputes through informal negotiation, mediation, or another form of alternative dispute resolution before formal legal proceedings are initiated. However, this shall not affect either Party’s right to pursue a legal remedy in the courts of England and Wales at any time.

14. Miscellaneous

14.1 Entire Agreement: These Terms and Conditions, together with any executed Advance Payment Agreement, constitute the entire agreement between the Parties in relation to the subject matter and supersede any prior understandings, arrangements, or representations, whether oral or written.

14.2 No Partnership or Agency: Nothing in these Terms and Conditions shall be deemed to create a partnership, joint venture, or agency relationship between the Parties. The Consignor shall not represent itself as having any authority to bind or act on behalf of TCC ADV.

14.3 Assignment: TCC ADV may assign, transfer, or subcontract its rights or obligations under these Terms and Conditions without the prior consent of the Consignor. The Consignor may not assign or transfer any rights or obligations without the prior written consent of TCC ADV.

14.4 Severability: If any provision (or part of a provision) of these Terms and Conditions is held to be invalid, illegal, or unenforceable, the remainder of the Terms and Conditions shall remain in full force and effect.

14.5 Waiver: No failure or delay by TCC ADV to exercise any right or remedy under these Terms and Conditions shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict further exercise of the same or any other right or remedy.

14.6 Survival: Any provision of these Terms and Conditions which by its nature is intended to survive termination (including but not limited to clauses relating to ownership, liability, enforcement, and governing law) shall remain in full force and effect after termination or expiration of the Agreement.

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By TCC GROUP COMPANIES: 7th Oct 2025