IFA Receivership
Auction of Gold & Silver Coins on E-Bay
First Auction: 110 1/10th Ounce American eagle coins The initial reserve for this auction will be the spot price for the metal on the New York market the day before the auction commences ($65.10 per coin at $651 per ounce). A minimum bid will be set on E-bay at the reserve price or higher.
Second Auction: 41- ¼ Ounce American eagle coins The initial reserve for this auction will be the spot price for the metal on the New York market the day before the auction commences ($162.75 per coin at $651 per ounce). A minimum bid will be set on E-bay at the reserve price or higher.
Exhibit A
Page 1
Case 2:03-cv-01825-PGR
Document 344-2
Filed 06/29/2007
Page 1 of 3
Third Auction: 1 1908 XF Liberty Standing Double Eagle The initial reserve for this auction will be the spot price for the metal on the New York market the day before the auction commences ($651 at $651 per ounce). A minimum bid will be set on E-bay at the reserve price or higher.
Fourth Auction: 1 1882 XF/VF Liberty Head Double Eagle The initial reserve for this auction will be the spot price for the metal on the New York market the day before the auction commences ($651 at $651 per ounce). A minimum bid will be set on E-bay at the reserve price or higher.
Fifth Auction: 2 1 Ounce silver eagles - $26.00 The initial reserve for this auction will be the spot price for the metal on the New York market the day before the auction commences ($13 per coin at $13 per ounce). A minimum bid will be set on E-bay at the reserve price or higher.
Exhibit A
Page 2
Case 2:03-cv-01825-PGR
Document 344-2
Filed 06/29/2007
Page 2 of 3
Ebay fees for each auction are as follows: Insertion fee $0.60 for Auction 5 and $4.80 for all others Reserve fee $50.00 for Auctions 1 and 2; $6.50 for Auctions 3 and 4; $1.00 for Auction 5. (refunded if items sells) Final value fee 5.25% of the initial $25.00 ($1.31), plus 3.25% of the remaining closing value balance ($25.01 to $1,000.00)
Exhibit A
Page 3
Case 2:03-cv-01825-PGR
Document 344-2
Filed 06/29/2007
Page 3 of 3