Website Terms of Use and Platform Agreement

Effective Date: July 25, 2026

Part I — General Platform and Electronic Terms

1. Scope and Parties

These Website Terms of Use and Platform Agreement (the “Agreement”) govern access to and use of the website, applications, marketplace, auctions, accounts, listings, consignments, bidding, purchases, payments, shipping, storage, authentication, communications, content, and related services (collectively, the “Services”) provided by Global Card Auctions, LLC (“GCA,” “we,” “us,” or “our”).

“User” means any visitor, account holder, buyer, bidder, seller, consignor, owner, agent, or other person using the Services. “Buyer” includes a marketplace purchaser and a winning auction bidder. “Seller” includes a marketplace seller. “Consignor” means the owner or authorized agent who delivers or appoints GCA to auction property. “Property” includes collectible cards, memorabilia, autographs, sealed products, coins, and other approved collectibles. “Website” means GCA’s website and any authorized mobile or third-party interface.

“Marketplace Examination” means an inspection, authentication, grading confirmation, identity check, condition review, or other review of Property performed by GCA, a GCA-designated provider, or the Buyer as stated in the transaction record. “Buyer Acceptance” means the Buyer’s electronic confirmation that the Property is acceptable or deemed acceptance after the stated acceptance period expires. Marketplace Examination and Buyer Acceptance concern the Property and transaction performance; they do not verify that a payment method was authorized or make a payment irrevocable.

These Terms apply to every visitor and User. By accessing, browsing, viewing, or using the Website, you agree to comply with the website-use, intellectual-property, security, and prohibited-conduct provisions of this Agreement to the extent enforceable. When GCA presents an unchecked acceptance box or a conspicuous notice next to an account, submission, checkout, listing, consignment, bidding, or payment button, selecting that button constitutes affirmative acceptance of the entire Agreement, including the dispute-resolution provisions. If you do not agree, do not use the Services.

Subject to this Agreement, GCA grants you a limited, revocable, nonexclusive, nontransferable license to access and use the Website for personal collecting purposes or bona fide internal business use as a buyer, seller, bidder, or consignor. This license does not permit resale of access, commercial exploitation of Website data, republication of catalogs or images, creation of a competing database, or use beyond the purposes for which the Services are provided.

The Website Privacy Policy is a separate notice. This Agreement is the single master agreement governing all Website, Marketplace, auction, buyer, bidder, seller, consignor, custody, payment, shipping, and related Services. Completed electronic transaction records—including item listings, seller or consignment intake fields, auction-event pages, invoices, checkout records, custody and shipping instructions, payment selections, and accepted special terms—are incorporated into this Agreement and document the applicable transaction; they do not create separate standalone agreements.

2. Electronic Records, Signatures, and Consent

You agree to conduct present and future transactions with GCA electronically. Checking a box, selecting an acceptance or submission button, entering an authentication code, using account credentials, submitting a listing, completing a seller submission or electronic transaction record, purchasing, activating bidding, placing a bid, confirming receipt, accepting or rejecting Property, approving an examination result, or providing another electronic acceptance constitutes your electronic signature and has the same effect as a handwritten signature.

Electronic consent covers account and identity records; listings; seller and consignment records; bids and bid logs; auction disclosures; invoices; payment and bank-debit authorizations; payment-authentication and fraud-review results; shipping, custody, examination, inspection, acceptance, deemed-acceptance, payout-eligibility, storage, claim, settlement, tax, and regulatory records; special terms; consignment advances; cleared-proceeds authorizations; notices; and amendments.

You must have internet access, a current browser, an active email account, software capable of opening PDF or comparable records, and the ability to download, store, or print records. GCA will make accepted agreements and completed transaction records available in a retainable form. You may request a paper copy through the contact channel displayed on the Website. You may withdraw consent for future electronic records, but withdrawal may prevent continued use of online transaction features and does not affect prior transactions or signatures.

GCA and its providers may retain timestamps, version numbers, account identifiers, IP and device information, verification and payment-authentication results, clickstream records, bid logs, examination and acceptance records, payout records, payment records, and communications to establish identity, attribution, acceptance, authorization, performance, and responsibility.

3. Eligibility, Authority, Verification, and Accounts

You must be at least eighteen (18) years old and legally capable of contracting. Information supplied to GCA must be complete, accurate, current, and not misleading. If you act for a company, trust, estate, owner, or another person, you represent that you have authority to bind that person, and both you and the represented person are responsible for the account and transaction.

Role-based verification. GCA may use payment processors and identity-verification providers to collect or verify information and may receive a verification result rather than the underlying sensitive document. GCA may require additional information or repeat verification when reasonably related to security, fraud prevention, sanctions compliance, payment risk, title, authenticity, insurance, tax reporting, or transaction administration.

Marketplace Seller verification. Before a Marketplace Seller may activate a listing or receive payout, the Seller must complete and maintain Stripe Connect or other GCA-approved connected-account onboarding. Required information may include legal name, date of birth, physical address, verified contact information, taxpayer identification information, bank and payout information, entity information, and the identity and authority of representatives, beneficial owners, or controlling persons, as required by the processor, law, or GCA’s risk controls.

Auction Consignor verification. Before GCA accepts Property for auction or remits proceeds, a Consignor must provide GCA-approved identity and payout information, including the Consignor’s legal name, physical address, verified email and mobile number, government-issued identification, appropriate Form W-9 or W-8 documentation, and a bank account in the same legal name or otherwise approved by GCA. An entity, trust, or estate must provide formation or authority records, representative information, and beneficial-ownership or controlling-person information reasonably requested. GCA may also require proof of ownership, purchase records, provenance, grading or certification information, and source-of-property information.

Buyer and bidder verification. A Buyer or bidder must provide a legal name, verified email address and mobile number, billing and shipping addresses, confirmation of age and authority, and a valid payment method. GCA may require government identification, proof of address, source-of-funds information, a deposit, enhanced payment authentication, a bank wire, or manual review for a high-value transaction, a new or elevated bidding limit, an international transaction, mismatched billing and shipping information, a freight forwarder or third-party recipient, suspicious activity, or another elevated-risk circumstance.

You are responsible for account credentials, devices, multifactor codes, and activity submitted through your account. Notify GCA promptly of suspected unauthorized use. GCA may approve, condition, limit, suspend, or reject an account, listing, bid, payment method, shipment, payout, or transaction for legitimate business, security, legal, fraud-prevention, payment-risk, insurance, or operational reasons.

4. Transaction Types and GCA’s Roles

Each item must be clearly designated as a “Fixed-Price Marketplace Listing” or an “Auction Listing.” Marketplace Listings use a stated price or private offer/counteroffer and are not auctions. Auction Listings use competitive bidding and are available only when GCA and the persons responsible for conducting the auction have obtained and maintain all licenses, registrations, permits, and governmental authorizations required by applicable law.

For a third-party Marketplace Listing, the Seller owns and sells the Property, is the seller of record, and is the beneficial recipient of the net sale proceeds. GCA provides marketplace technology, payment administration, intake, and fulfillment services and receives its disclosed platform fee. A Marketplace Listing may be either Seller-retained or GCA-custodied. In a Seller-retained Marketplace Listing, the Seller keeps possession before the sale. After the Buyer pays the full amount due and GCA authorizes shipment, the Seller must ship the Property only to GCA or a GCA-designated examination or authentication provider, and not directly to the Buyer. In a GCA-custodied Marketplace Listing, the Seller delivers the Property to GCA before or during the listing process for intake, photography, listing, storage, and fulfillment under Sections 13 through 15 and 19 through 22. In either structure, title remains with the Seller until transferred to the Buyer, and GCA does not become the Seller or guarantee the Buyer’s payment. Marketplace payment is processed through a GCA-approved payment provider, and Seller payout remains pending until Buyer Acceptance or deemed acceptance as described in this Agreement. GCA does not operate a Marketplace escrow account, and Marketplace funds are not held in GCA’s auction trust account. For an Auction Listing, GCA ordinarily acts as the Consignor’s disclosed or undisclosed agent, receives or controls the Property as documented, conducts the auction under applicable law and the required governmental authority, and administers buyer payments and Consignor settlement through the auction trust-account process. GCA or an affiliate may also sell Property it owns, in which case the ownership or financial interest will be disclosed as required.

A transaction may not be converted from marketplace to auction, or auction to marketplace, after a purchase or bidding activity has begun unless the original transaction is canceled and relaunched with the correct terms and disclosures.

5. Prohibited Conduct

• Fraud, identity theft, payment fraud, chargeback abuse, money laundering, sanctions evasion, tax evasion, or use of stolen financial information;
• Counterfeit, stolen, unlawfully obtained, deceptively altered, trimmed, recolored, restored, repaired, reprinted, or misdescribed Property without complete and accurate disclosure;
• Shill bidding, collusion, undisclosed owner bidding, bid manipulation, false offers, artificial price support, wash transactions, or interference with fair sale activity;
• Scraping; automated access; robots, spiders, data-mining or extraction tools; autonomous purchasing agents; LLM-driven bots; bulk downloading; use of Website content or data to train, validate, or improve an artificial-intelligence or machine-learning model; credential sharing; unauthorized security testing; malware; denial-of-service activity; reverse engineering; or circumvention of technical controls, except with GCA’s prior written permission;
• Using listings, offers, messages, user information, or introductions obtained through the Services to solicit, arrange, or complete outside GCA a transaction initiated through the Services in order to avoid disclosed fees, payment protections, verification, reporting, or other platform safeguards. If GCA reasonably establishes that a transaction was completed in violation of this restriction, the responsible User remains liable for the fees that would have applied and GCA’s documented enforcement costs, to the extent permitted by law;
• Including in any shipment, package, packing slip, or enclosure any telephone number, email address, social-media handle, website, QR code, payment instructions, business card, coupon, flyer, invoice, note (including a message such as “call me” or “text me”), or other material that asks or encourages a Buyer to contact a Seller directly, purchase outside GCA, or avoid GCA’s fees, payment process, or protections. A plain thank-you note or neutral packing record is permitted only if it contains no outside contact information, advertising, solicitation, or payment instructions;
• Harvesting, publishing, selling, or using another User’s contact, identity, transaction, or account information without authorization or a lawful purpose;
• Infringing, defamatory, deceptive, unlawful, or privacy-invasive content; and
• Conduct that creates unreasonable risk to users, GCA, payment processors, carriers, insurers, authentication providers, or the public.

6. Listings, Content, Market Data, Photograph Integrity, Artificial Intelligence, and Intellectual Property

Sellers and Consignors represent that they own or have all rights needed for listing text, photographs, video, documents, and other submitted content. They grant GCA a worldwide, nonexclusive, royalty-free, sublicensable license during the transaction and afterward for archival, catalog, market-data, promotional, dispute, fraud-prevention, insurance, regulatory, and legal purposes to photograph, scan, reproduce, format, translate, display, distribute, advertise, and use that content and images of the Property. The User remains responsible for the accuracy and legality of all submitted content. GCA may correct, supplement, reject, remove, or withdraw content or Property when it identifies a material issue involving title, authenticity, condition, legality, accuracy, safety, or platform suitability.

Photograph integrity. Every listing photograph must accurately depict the actual Property offered for sale. A Seller, Consignor, contractor, or other User must not use artificial intelligence, generative fill, image-editing software, filters, or enhancement technology to add, remove, reconstruct, conceal, obscure, improve, or materially change any part of the Property’s appearance. Prohibited changes include altering or concealing color, centering, corners, edges, surfaces, creases, scratches, stains, print defects, restoration, trimming, recoloring, damage, holder condition, labels, grades, serial numbers, certification numbers, autographs, or other features relevant to identity, authenticity, or condition.

Permitted technical adjustments. Basic cropping, rotation, resizing, exposure or brightness correction, and neutral background or watermark placement are permitted only when they do not change, obscure, or misrepresent the Property. Original unedited photographs must be retained and provided to GCA upon request. A synthetic image or an image of substitute Property may not be used as a depiction of the Property offered for sale.

After a listing or auction closes, GCA may maintain and publish an archival record containing the Property description, images, grade or certification information, asking price, Hammer Price or sale price, date, and transaction status. GCA ordinarily will not publicly identify a Buyer, bidder, or Consignor except with consent or as required by law. GCA may create and use aggregated or deidentified pricing, demand, and transaction data for market information, analytics, fraud prevention, and business operations.

GCA may use artificial intelligence, machine learning, automated decision tools, translations, or recommendation systems to assist with search, descriptions, cataloging, pricing guidance, personalization, customer support, fraud detection, moderation, and operations. GCA may use technical image tools only for the limited, non-material adjustments permitted above and may not use automated tools to create a materially altered or synthetic representation of Property offered for sale. Automated outputs may be incomplete or inaccurate, are informational only, and do not replace User review or professional judgment. GCA does not guarantee the availability, accuracy, or outcome of an automated tool.

Suggestions, ideas, feature requests, corrections, and other feedback voluntarily submitted to GCA may be used, adapted, and commercialized by GCA without restriction, confidentiality obligation, or compensation, except that personal information remains governed by the Privacy Policy.

GCA names, logos, platform elements, software, templates, photographs created by GCA, and other proprietary materials are owned by GCA or its licensors. No User obtains ownership except as expressly stated.

Copyright and other intellectual-property complaints should be sent to GCA’s designated Copyright Agent with enough information to identify the protected work or right, the allegedly infringing material and its location, the claimant’s contact information, a good-faith statement, an accuracy-and-authority statement under penalty of perjury, and a physical or electronic signature. GCA may remove or disable access to challenged material, notify the affected User, process a legally sufficient counter-notice, and terminate repeat infringers where appropriate. DMCA and Intellectual Property Contact: Copyright Agent, Global Card Auctions, LLC, 11033 Summerspring Lakes Dr, Orlando, FL 32825; Phone: (954) 519-5593; Email: support@globalcardauctions.com; U.S. Copyright Office Registration Number: DMCA-1076436. Trademark, counterfeit, and other rights complaints may be sent to the same contact.

7. Third-Party Services, Communications, and Notices

GCA may use payment processors, banks, identity-verification services, auction platforms, shipping carriers, insurers, storage facilities, grading and authentication services, analytics providers, financing providers, tax services, and other vendors. Their separate terms may apply. GCA is not responsible for a third party’s independent services except to the extent liability cannot lawfully be excluded.

You consent to transactional email, account messages, text messages where separately authorized, telephone communications, and electronic notices. Notices are effective when sent to the contact information in your account or posted in the account or transaction record. You must keep contact information current.

GCA may review, scan, analyze, preserve, or disclose messages and other communications sent through the Services to provide support, prevent fraud, identify prohibited off-platform transactions, resolve disputes, improve the Services, and comply with law. Customer-service and telephone-bidding calls may be monitored or recorded after any notice or consent required by applicable law. Do not submit complete payment-card numbers, tax IDs, bank credentials, or other highly sensitive information through an unapproved message channel.

8. Privacy

The Website Privacy Policy explains GCA’s collection, use, disclosure, retention, and protection of personal information and is incorporated by reference for notice purposes. You authorize GCA to process information reasonably necessary to provide the Services, verify users and Property, prevent fraud, administer payments and shipping, comply with law, and enforce this Agreement.

Part II — Fees, Payments, Taxes, Payouts, and Setoff

9. Prices, Fees, Commissions, Premiums, and Expenses

All mandatory charges will be disclosed before the applicable purchase, listing, consignment, or bid. Unless a different marketplace fee is conspicuously disclosed and accepted before the listing becomes active, GCA’s standard fee for a completed Marketplace Sale is a Seller platform fee equal to ten percent (10%) of the Sales Price. The ten-percent (10%) fee applies whether the Marketplace Listing is Seller-retained or GCA-custodied. Any completed Marketplace Sale with a Sales Price of less than one hundred dollars ($100) is also subject to a flat ten-dollar ($10) processing fee charged to the Seller and deducted from the Seller’s proceeds. The flat processing fee is in addition to the Marketplace Seller platform fee and applicable third-party payment-processing and financial-institution charges. Marketplace charges may also include separately disclosed shipping, insurance, authentication, grading, photography, storage, return, or other service charges. GCA will not charge a separate Marketplace buyer premium unless it is conspicuously disclosed before checkout. The completed listing, seller dashboard, checkout record, or accepted Special Terms controls any permitted transaction-specific variation.

For a Marketplace Sale processed through Stripe Connect or a substantially equivalent connected-account or payment service, the Seller is responsible for the payment processor’s then-current processing fees and any additional international-card, currency-conversion, manually entered payment, instant-payout, refund, dispute, chargeback, unauthorized-payment, stolen-card, ACH or bank-debit return, unauthorized-debit, wire, negative-balance, or similar processor or financial-institution charges attributable to the Seller’s transaction, selected payment method, or connected account. This responsibility is not eliminated by Marketplace Examination, Buyer Acceptance, deemed acceptance, delivery, or payout. Processor and financial-institution charges are third-party charges, not GCA fees, and may change under the applicable provider’s terms. The Buyer will not be charged a separately labeled processor fee unless it is lawfully and conspicuously disclosed before checkout.

GCA’s marketplace fee may be collected as an application fee or comparable platform allocation from the Seller’s connected payment account or deducted from amounts otherwise payable to the Seller. The fee is earned when the Marketplace Sale is completed, subject to any approved refund allocation stated in this Agreement. Unless a different refund allocation is conspicuously disclosed, GCA ordinarily will return the corresponding portion of its platform fee when GCA approves a full or partial refund that is not attributable to Seller breach, misdescription, counterfeit status, nonshipment, late shipment, or other Seller-responsible conduct. Original processor fees may be nonrefundable, and Seller remains responsible for them to the extent imposed by the processor.

The standard fee charged by GCA for conducting an Auction Listing is a Buyer’s Premium equal to twenty percent (20%) of the Hammer Price. The Buyer’s Premium is added to each winning bid and is earned by GCA upon completion of the sale. In addition, any completed Auction Sale with a Hammer Price of less than one hundred dollars ($100) is subject to a flat ten-dollar ($10) processing fee charged to the Consignor and deducted from the Consignor’s proceeds. Except for that flat processing fee, GCA does not charge the Consignor a separate seller commission or auction fee. Taxes, shipping, insurance, grading, authentication, photography, storage, payment-provider charges, returns, chargebacks, refunds, advances, and other services or expenses specifically authorized by the applicable transaction record are not auction fees and may be charged, deducted, or allocated as stated in this Agreement. For clarity, a statement that GCA charges “no seller fees,” a “0% seller commission,” or similar wording means only that GCA does not charge a separate percentage-based seller commission. It does not eliminate the flat processing fee for an Auction Sale below $100 or any taxes, deductions, third-party charges, or specifically authorized expenses that may apply to or be deducted from the Consignor’s proceeds.

“Sales Price” means the price paid for the Property itself in a Marketplace Sale, excluding sales tax, shipping, insurance, payment-processor charges, grading, authentication, photography, storage, return charges, and other separately stated charges. “Hammer Price” means the highest bid accepted for an auction Lot, excluding Buyer’s Premium, taxes, shipping, insurance, payment-method charges, storage, and other charges. “Total Purchase Price” means the Sales Price or Hammer Price, as applicable, plus all applicable premiums, taxes, shipping, insurance, fees, and charges.

10. Payment Methods, Marketplace Seller Selection, Auction Control, Payment Limits, and Authorization

GCA may make available bank wire, ACH, credit card, debit card, PayPal or another wallet, third-party financing, approved Cleared Consignment Proceeds, or another method shown at checkout or on the invoice. Availability of a method is not guaranteed. GCA or the applicable payment processor may require a deposit, address verification, card-security-code verification, 3-D Secure or other issuer authentication, identity verification, reserve, payout delay, or particular payment method based on transaction amount, account history, identity, billing or shipping address, chargeback risk, processor requirements, legal requirements, or other legitimate considerations. GCA may require wire, ACH, or other collected and cleared funds for higher-value or higher-risk transactions.

Marketplace Seller payment-method selection. Subject to the methods enabled and approved by GCA and the applicable payment processor, a Marketplace Seller may designate the payment methods the Seller is willing to accept for a particular Marketplace Listing and may establish a listing-specific maximum amount for an enabled payment method. Available selections may include credit or debit card, ACH or another bank-debit method, bank wire, or another GCA-approved method. The permitted methods and any Seller-selected limits will be disclosed to the Buyer at or before checkout. A Seller may change a selection or limit before a Buyer enters a binding purchase, but not afterward without GCA’s approval and any Buyer consent GCA determines is appropriate. GCA may restrict, disable, or override a Seller’s selection or limit; require a particular method; or reject a payment based on transaction value, fraud or chargeback risk, account history, legal requirements, processor capabilities or requirements, or other legitimate considerations.

Auction payment-method control. For every Auction Listing, GCA—not the Consignor—determines the payment methods, payment limits, verification requirements, deposits, and collected-funds conditions available to bidders and winning Buyers. A Consignor may request a wire-only or other payment restriction before the auction, but the request is not binding unless GCA accepts it in the electronic transaction record. GCA may require wire, ACH, or another collected-and-cleared-funds method based on value, fraud risk, bidder history, location, processor requirements, or other legitimate considerations. Auction chargeback and payment-loss responsibility is allocated under Section 18; the Consignor does not assume pure unauthorized-payment or stolen-payment fraud solely because GCA approved a card payment, provided the Consignor fully complied with this Agreement.

Method-specific risk and off-platform payments. By enabling card payment, Seller accepts the risk of unauthorized-payment, stolen-card, cardholder-recognition, chargeback, reversal, dispute-fee, and negative-balance events allocated to Seller under this Agreement. By enabling ACH or another bank-debit method, Seller accepts the risk of returns, reversals, unauthorized-debit claims, insufficient funds, administrative returns, dispute fees, and delayed finality. A wire or other bank payment is not treated as collected and available merely because instructions were issued or a payment was initiated. Seller may accept payment only through the checkout, account, invoice, or payment instructions approved or issued through GCA or its processor and may not direct the Buyer to pay Seller independently or outside the Services.

Marketplace payment and delayed-payout structure. Before activating a Marketplace Listing or receiving payout, each Marketplace Seller must complete and maintain onboarding for a Stripe Connect connected account or another GCA-approved payment account, including all identity, beneficial-ownership, tax, bank, payout, and other verification required by the processor, law, or GCA’s risk controls. The Buyer must pay the full Total Purchase Price, and the payment must be approved and captured, before the Seller is authorized to ship. GCA and the processor will administer the transaction so that the Seller’s net proceeds remain pending and unavailable for payout or transfer until GCA marks the transaction eligible after Buyer Acceptance or deemed acceptance. Depending on processor capabilities, the payment flow may use a controlled connected-account payout, destination charge, separate charge and transfer, or another substantially equivalent structure. The processor may deduct its fees and allocate GCA’s disclosed application or platform fee. The Seller remains the seller of record and bears the processor obligations and transaction risks allocated to Seller under this Agreement. Funds maintained by a payment processor pending payout are not a legal escrow deposit, and GCA does not promise that a payment is final or irrevocable.

Auction payment structure. Auction and consignment charges will be processed through a separate GCA merchant account or account configuration designated for auction activity. Its ordinary U.S.-dollar payout destination will be GCA’s designated Florida auction trust or escrow bank account, rather than GCA’s ordinary operating account. Stripe or another processor is a payment processor and is not the statutory escrow or trust account. The Consignor will not be paid directly through a marketplace connected account. GCA will settle with the Consignor from the auction trust account after collection, reconciliation, authorized deductions, and any legitimate hold. GCA will use payout timing and controls reasonably designed to place proceeds required to be held for another person into the auction trust account within the period required by law. Processor fees may be charged separately or reflected as authorized transaction expenses only as permitted by law and the accepted transaction records, and GCA will maintain records of gross receipts, processor deductions, trust deposits, the Buyer’s Premium, authorized expenses, and settlement.

Payment limits and requirements. GCA does not establish a universal maximum amount for credit- or debit-card payments. For a Marketplace Listing, and subject to GCA and processor capabilities and approval, the Seller may establish a listing-specific maximum amount for a payment method or decline that method entirely. For an Auction Listing, GCA alone establishes or approves the available methods and limits. GCA or the applicable processor may impose a lower transaction-specific or account-specific limit, require additional authentication or verification, split or reject a payment, or require all or part of the invoice to be paid by ACH, wire, or another collected-and-cleared-funds method based on transaction value, fraud or chargeback risk, account or payment history, identity or address concerns, processor requirements, legal requirements, or other legitimate considerations. GCA is not obligated to approve a payment method or increase a Seller-selected or processor-imposed limit. The Buyer’s inability or refusal to use a payment method disclosed as available and required for the transaction does not cancel a binding purchase or winning bid.

By submitting an order, activating bidding, placing a bid, or providing a payment method, you authorize GCA, the applicable Seller’s connected-account processor, and other approved processors to verify, preauthorize, charge, debit, collect, allocate, transfer, reverse, or refund amounts due under the applicable transaction record, including the Total Purchase Price, deposits, GCA platform or application fees, processor charges allocated to the responsible party, shipping, insurance, storage, returned-payment charges, and lawful collection costs. An approved payment method may be charged automatically when an invoice becomes due if the authorization was conspicuously presented in the checkout, bidder-activation, seller-onboarding, or invoice record.

A returned or dishonored payment may result in a $35 returned-payment charge or the actual processor or bank cost, whichever is lower where required by law, plus lawful interest not exceeding 1.5% per month or the maximum permitted rate.

11. Taxes

Buyer is responsible for all transaction taxes, customs duties, import charges, value-added tax, goods and services tax, brokerage charges, clearance charges, and similar governmental or carrier-imposed amounts except to the extent GCA is legally required to calculate, collect, withhold, or remit them. GCA will calculate, collect, report, and remit applicable transaction taxes on all taxable Marketplace Sales and Auction Sales to the extent required by applicable law. Tax may be determined using the Property type, transaction structure, delivery or pickup location, ship-from location, Buyer information, exemption documentation, marketplace-provider rules, auctioneer or dealer rules, and other legally relevant information. A valid resale or exemption certificate must be received and approved before the transaction is completed; GCA may reject, revoke, or later correct an exemption when the documentation is incomplete, inaccurate, expired, or legally insufficient.

Florida Marketplace and Auction Sales. For every taxable Marketplace Sale or Auction Sale delivered to, transferred to, or picked up by a Buyer in Florida, GCA will collect and remit Florida state sales tax and any applicable county discretionary sales surtax. For an Auction Sale, GCA will collect and remit the tax in its capacity as the auctioneer, agent, dealer, or other person responsible for conducting the taxable sale, notwithstanding that the Consignor owns the Property or GCA acts as the Consignor’s agent. The taxable sales price will be determined under applicable law and may include the Sales Price or Hammer Price, the Buyer’s Premium, and any commission, service, handling, delivery, insurance, payment-method, or other charge that applicable law treats as part of the taxable sale. Tax will be separately stated when required by law.

Florida Marketplace-Provider Certification. For taxable Marketplace Sales for which GCA is treated as the marketplace provider and dealer under applicable Florida law, GCA certifies to Marketplace Sellers that GCA will collect and remit the applicable Florida sales tax and discretionary sales surtax. A Marketplace Seller must not separately collect Florida sales tax on a sale covered by this certification unless GCA expressly instructs the Seller otherwise or applicable law requires otherwise.

Other United States Jurisdictions. For transactions delivered outside Florida but within the United States, GCA will collect and remit applicable state and local sales, use, marketplace, or similar transaction taxes in each jurisdiction where GCA determines that collection is required or where GCA is registered and has elected to collect. The Buyer remains responsible for any use tax or other tax legally due but not collected by GCA.

International Exports from Florida. A sale shipped to a destination outside the United States may be treated as an export that is not subject to Florida sales tax only when the transaction and shipment satisfy applicable export requirements and GCA retains sufficient supporting records. GCA may require that the terms of sale commit the Property to a continuous and unbroken export process and that GCA deliver the Property by United States mail, by GCA’s transportation, or to an approved carrier, licensed customs broker, or forwarding agent for final and certain movement to the foreign destination. A foreign billing address, foreign citizenship, an intent to export, or later removal from Florida does not by itself establish an exempt export. Florida tax may be collected when the Buyer or the Buyer’s representative takes possession in Florida, when the Property is delivered to an ordinary Florida address, when the export documentation is insufficient, or when the Property is diverted or released in Florida.

Destination-Country Taxes, Duties, and Importer of Record. Unless the transaction record expressly states otherwise, the Buyer is the importer of record for an international delivery and is responsible for customs entry, import permits, tax identification numbers, duties, tariffs, import VAT or GST, brokerage, clearance, storage, inspection, and other destination-country charges not collected by GCA. GCA may calculate, collect, withhold, or remit foreign VAT, GST, sales tax, import tax, or similar amounts when GCA determines that law requires it, when GCA is registered to do so, or when an approved tax or payment service supports the collection. Refusal or failure to pay destination-country amounts does not cancel the purchase and may result in return, storage, abandonment, destruction, additional charges, or other remedies permitted by this Agreement and applicable law.

Tax Services, Information, and Adjustments. GCA may use Stripe Tax or another payment, tax-calculation, registration, filing, or reporting provider and may rely on the delivery address, pickup location, ship-from address, taxability classification, product code, transaction record, registration settings, and information supplied by a User. A provider’s calculation, report, registration service, or filing service does not guarantee that every tax, customs, registration, filing, or remittance obligation has been identified or satisfied. GCA may collect an additional tax amount, correct an undercollection or overcollection, issue a tax refund, or adjust an invoice or payout when reasonably necessary to comply with law.

Seller and Consignor Responsibilities. Sellers and Consignors must not separately collect transaction tax from a Buyer through or outside the Services unless GCA expressly authorizes it in writing. They must provide accurate tax, identity, ownership, ship-from, customs, and product information and may not request or permit false valuation, false country of origin, false description, gift designation, tariff-code manipulation, or other inaccurate customs or tax documentation. A Seller or Consignor shipping Property into the United States or to GCA from another country is responsible for lawful export from the origin country, lawful import into the United States, and all related duties, taxes, permits, brokerage, and clearance costs unless GCA expressly agrees otherwise in the transaction record. Sellers and Consignors remain responsible for their own income, information-reporting, registration, filing, and other tax obligations and must provide requested tax forms. Depending on the payment flow, account configuration, and applicable reporting rules, the payment processor, the Seller’s connected account, or GCA may prepare or furnish an applicable Form 1099 or other information return. Seller and Consignor authorize the collection and reporting of information needed for that purpose. GCA may withhold payouts or apply backup withholding as required by law.

12. Payouts, Holds, Reserves, Recoupment, and Setoff

Marketplace Seller payout. The Buyer’s payment must be approved and captured before the Seller is authorized to ship. Seller payout remains pending while the Property is shipped to and received by GCA, forwarded to the Buyer, and subject to the forty-eight (48)-hour Buyer Acceptance period. If the Buyer electronically accepts the Property, GCA may immediately mark the transaction eligible for payout. If the Buyer does not submit a permitted claim within forty-eight (48) hours after carrier tracking confirms delivery, the Property is deemed accepted and GCA may mark the transaction eligible for payout. A timely claim pauses payout eligibility while the matter is reviewed. Actual transfer to the Seller’s bank remains subject to processor timing, verification, reserves, holds, reversals, and this Agreement. GCA does not operate a Marketplace escrow account.

Auction Consignor settlement. Auction proceeds belonging to Consignors are administered through the separate auction payment and trust-account structure described in Sections 10 and 33. Consignor settlement is made from the auction trust account after GCA has received collected and cleared funds, completed reconciliation, deducted authorized expenses, and satisfied applicable delivery, claim, chargeback, refund, lien, tax, and legal requirements. The accepted electronic consignment record states the ordinary settlement target; a target is not a guarantee when a legitimate hold applies. Any Website or promotional statement that Consignors are paid “promptly” refers to GCA’s ordinary settlement process and is not a guarantee that settlement will occur by a particular date.

GCA and its processors may hold or reserve amounts reasonably necessary for expected refunds, returns, chargebacks, disputes, taxes, liens, insurance claims, shipping losses, fraud reviews, processor reserves, negative balances, or Seller/Consignor obligations. To the extent permitted by law, GCA may deduct or set off amounts owed by the same legal person from GCA fees to be refunded, future payouts, credits, insurance proceeds, returned Property, or other amounts GCA lawfully controls.

During a refund, return, chargeback, payment dispute, reversal, or negative-balance event, GCA or the processor may provisionally hold or reserve the disputed amount; pause or reverse a payout, application fee, or transfer; debit an available connected-account balance; initiate a debit to a linked bank account or other payment method when a separate legally sufficient authorization permits; deduct from pending or future payouts; apply setoff; suspend transaction privileges; and require supporting evidence. These measures may be taken even after Marketplace Examination, Buyer Acceptance, deemed acceptance, delivery, or payout and before final responsibility is determined. They remain subject to applicable auction-trust and settlement requirements. If an amount is later recovered or responsibility is reallocated, GCA will make the appropriate credit after deducting amounts otherwise properly owed.

GCA may delay acceptance, listing, sale, shipment, return, transfer, release, or payout of Property when reasonably necessary to comply with a stolen-property inquiry, secondhand-dealer or pawnbroker requirement, mandatory holding period, law-enforcement reporting duty, sanctions requirement, subpoena, court order, legal process, insurer or payment-processor requirement, or other legal or regulatory obligation. Seller or Consignor authorizes GCA to collect, retain, verify, and disclose identity, ownership, transaction, certification, serial-number, provenance, and Property information as reasonably necessary for those purposes. A legally or reasonably required compliance hold is a permitted hold under this Agreement and does not constitute a breach by GCA.

“Cleared Consignment Proceeds” means net auction proceeds otherwise payable to the same legal person after GCA actually receives collected and cleared Buyer funds into or for deposit into the auction trust account and deducts or reserves the Buyer’s Premium, authorized expenses, taxes, refunds, chargebacks, liens, claims, and other authorized amounts. Unsold Property, estimated value, a pending or unpaid sale, disputed proceeds, marketplace connected-account balances, and proceeds payable to another person are not Cleared Consignment Proceeds.

Part III — Shipping, Custody, Condition, and Claims

13. Fulfillment, Shipping, Delivery, Pickup, and Holding Requests

A Marketplace Sale may be Seller-retained or GCA-custodied. In a Seller-retained Marketplace Sale, the Seller retains possession before the sale. After the Buyer pays the full amount due and GCA authorizes shipment, the Seller must ship the exact listed Property to GCA or a GCA-designated examination or authentication provider within three (3) Business Days. The Seller may not ship directly to the Buyer. After GCA confirms receipt and completes any required intake or examination, GCA will ship the Property to the Buyer within three (3) Business Days, unless the listing conspicuously discloses a longer authentication, grading, or special-handling period. In a GCA-custodied Marketplace Listing, the Seller delivers the Property to GCA before or during the listing process, and GCA will ship it to the Buyer within three (3) Business Days after the Buyer’s payment has cleared and applicable verification requirements are satisfied, subject to any disclosed longer service period. An Auction Sale is ordinarily GCA-fulfilled, and GCA will ship the purchased Property within three (3) Business Days after the winning Buyer’s payment has cleared and applicable verification requirements are satisfied, unless the auction page conspicuously discloses a different handling period. “Business Day” means Monday through Friday, excluding federal holidays. Buyer is responsible for applicable shipping, packaging, handling, insurance, signature, customs, duties, storage, and related charges unless the transaction record states otherwise.

International shipping and customs. GCA may limit international transactions to approved countries, carriers, payment methods, currencies, declared values, and service levels and may require enhanced identity verification, a bank wire or other collected funds, an adult signature, insurance, customs information, or additional review. The Buyer must timely provide accurate recipient, tax-identification, customs, import, and delivery information. Unless the transaction record states otherwise, international shipments are made with destination-country duties, taxes, brokerage, and clearance charges payable by the Buyer. GCA may refuse to undervalue Property, mark a commercial sale as a gift, use an inaccurate description or tariff classification, or take another action that GCA believes would violate customs, tax, sanctions, export-control, carrier, or insurance requirements. Customs examination, government action, carrier restrictions, international routing, and the Buyer’s failure to complete import formalities may delay delivery and do not extend a claim period except when GCA expressly agrees or applicable law requires otherwise.

Property will not be released or treated as eligible for payout until the responsible party and applicable processor determine that applicable payment, identity, address, fraud-prevention, legal, shipping, Marketplace Examination, delivery, and Buyer Acceptance requirements are satisfied. Except as required by law or reasonably necessary to resolve a claim, fraud review, chargeback, or legal matter, GCA will not disclose the Buyer’s full name, street address, email address, or telephone number to a Marketplace Seller. The Seller will receive the transaction status and the GCA inbound shipping instructions needed to complete the sale. GCA may require delivery to a verified address, matching billing and shipping information, signature or adult signature, carrier-location pickup, identification, wire or ACH, or additional settlement time. An address change, freight forwarder, rerouting request, mail drop, third-party pickup, or waiver of security controls may be rejected.

Buyer may request that GCA hold purchased Property for combined shipment, storage, transfer, consignment, resale, or transfer only when GCA actually has or agrees to receive the Property. GCA is not obligated to accept the request. Any approved holding arrangement is subject to disclosed storage charges, insurance limits, verification, lien and setoff rights, and an accepted electronic transaction record. Holding Property does not create a bank account, wallet, custodial investment account, or guarantee of future sale value.

Marketplace Examination. GCA may open every inbound Marketplace package and perform a limited intake review before forwarding the Property to the Buyer. The review may include identity, certification, authenticity indicators, grade, condition, description, packaging, prohibited inserts, or other stated criteria. GCA may photograph or video-record the package and Property, preserve evidence, apply tamper controls, and remove or discard prohibited package materials. An examination is an opinion or transaction-control step, not a guarantee of authenticity, value, condition, payment authorization, cardholder identity, or freedom from a later dispute or chargeback. GCA may rely on a third-party examiner’s records and terms.

Buyer Acceptance and deemed acceptance. Unless a different period is conspicuously shown in the transaction record, the Buyer will have forty-eight (48) hours, equal to two (2) calendar days, after carrier tracking confirms delivery to electronically accept the Property or submit a permitted claim through the Platform. Electronic acceptance makes the transaction immediately eligible for payout. If the Buyer does neither within forty-eight (48) hours, the Property is deemed accepted when that period expires and the transaction becomes eligible for payout. A timely claim pauses payout eligibility. Actual payout remains subject to processor timing, holds, reserves, disputes, reversals, and this Agreement. GCA is not an escrow service for Marketplace Sales.

14. Seller-Retained Requirements and GCA-Custodied Marketplace Property

A Marketplace Seller must retain possession until GCA confirms that the Buyer’s payment has been approved and captured and authorizes shipment. The Seller must then ship the exact listed Property to GCA or the designated examination provider within three (3) Business Days; may not ship directly to the Buyer; must use the exact approved address, label, carrier, and service; must provide valid tracking; must use commercially reasonable packaging; must comply with insurance, signature, chain-of-custody, and tamper-control requirements; and must preserve evidence. Seller bears responsibility for nonshipment, late shipment, inadequate packaging, unauthorized substitutions, inaccurate tracking, unauthorized address changes, prohibited package materials, failure to use the designated route, or other deviation from approved instructions.

GCA will ordinarily receive Seller-retained Marketplace Property after a sale for intake and forwarding to the Buyer and may also receive Property before sale for a GCA-custodied Marketplace Listing. Seller authorizes GCA to open and inspect all inbound packaging and to inventory, photograph or video-record, capture serial and certification numbers, inspect packaging, remove or discard prohibited inserts, apply tamper controls, prepare or edit the listing, authenticate or grade through a third party, store, combine, separate, pack, forward, ship, reject, or return the Property. Receipt does not require GCA to accept or continue a listing and does not make GCA responsible for the Buyer’s payment, the Seller’s title or disclosure obligations, or the authenticity, grade, condition, or market value of the Property. GCA may return rejected Property at the owner’s expense.

Custody intake and transit risk. Seller bears the risk and cost of loss, damage, delay, misdelivery, or inadequate packaging while Property is being sent to GCA until GCA confirms physical receipt. GCA may record the package condition, holder condition, certification number, visible characteristics, and other intake information. GCA’s intake records will be presumed accurate absent clear evidence of material error. Seller remains responsible for concealed damage, inherent vice, counterfeit status, undisclosed alteration, title defects, and conditions not reasonably discoverable during ordinary intake.

GCA’s custody standard and liability. While accepted Property is in GCA’s physical custody, GCA will exercise commercially reasonable care but is not an insurer and does not guarantee against every loss, damage, deterioration, theft, casualty, carrier event, or third-party act. GCA is responsible only for direct physical loss of or damage to the Property to the extent caused by GCA’s failure to exercise commercially reasonable care, subject to the declared-value, insurance, exclusion, and liability limits in Sections 15 and 39. GCA is not responsible for market-value changes, grading or authentication changes, latent or preexisting defects, ordinary aging, fading, warping, holder or label failure, or environmental effects not caused by GCA’s failure to exercise commercially reasonable care. GCA may use qualified third-party storage, grading, authentication, photography, or shipping providers, and their terms and available coverage may apply.

15. Insurance, Declared Value, and Risk of Loss

GCA may obtain carrier insurance, declared-value coverage, third-party shipping insurance, bailee or inland-marine coverage, or another risk-transfer arrangement. Coverage is subject to insurer and carrier terms, exclusions, deductibles, documentation requirements, and limits. An invoice, listing price, estimate, grade, or declared value does not guarantee recovery of that amount.

For Seller-retained Marketplace shipments to GCA or a designated Marketplace Examination location, and for shipments sent to GCA before sale for a GCA-custodied Marketplace Listing, risk of transit loss remains with Seller until confirmed receipt at the approved destination unless law or the transaction record requires otherwise. If GCA receives the Property, GCA’s custody responsibility begins upon confirmed receipt and ends upon documented transfer to the next approved carrier, provider, Buyer, or recipient, subject to the transaction record and applicable law. For third-party examiner or storage-provider custody, the provider’s terms and available coverage may apply. For GCA-fulfilled shipments to the Buyer, risk of loss passes as stated in the transaction record and applicable law. GCA’s contractual liability for covered physical loss or damage while in its custody, including Property sent to GCA for the Marketplace, is limited to the lesser of the accepted declared value, actual direct market value immediately before the loss, or available insurance recovery, except for liability that cannot lawfully be limited.

16. Condition, Grading, Authenticity, and Market Value

Collectibles may have manufacturing variations, wear, restoration, trimming, recoloring, repairs, alterations, replacement parts, holder damage, label errors, autograph issues, provenance questions, or other characteristics. Images and descriptions should be reviewed carefully. A grading company’s grade, certification, sticker, population report, or opinion is a third-party opinion and may change or be revoked.

Neither GCA nor a Seller guarantees future value, liquidity, investment performance, grading outcome, population count, or acceptance by another marketplace or grading service. Estimates are opinions, not appraisals or guarantees.

Price histories, auction results, estimates, alerts, articles, rankings, recommendations, automated outputs, and other market information are provided for general informational purposes only. They are not investment, financial, legal, tax, appraisal, or grading advice, and no User should rely on them as a promise of value, liquidity, authenticity, or future performance.

Historical prices realized and prior auction results are historical information only. Past results do not guarantee future bidding activity, reserve achievement, Hammer Price, completed sale, timing, or net proceeds, even for similar Property.

Any recommendation by GCA to grade, authenticate, conserve, photograph, promote, or market Property is an opinion based on information then available. GCA does not guarantee acceptance by a third-party provider, a particular grade or authentication result, increased value, specific marketing placement or exposure, bidder participation, sale timing, or sale outcome.

17. Cancellations, Returns, Authenticity, and Claims

There is no general buyer-remorse return right. A Buyer may submit a claim only for counterfeit Property, delivery of the wrong item, a material factual misdescription not reasonably apparent from the images or disclosures, transit damage, shortage, or non-delivery, plus rights that cannot lawfully be waived.

For a Marketplace Sale, the Buyer must first direct any claim, return request, authenticity concern, or other dispute to the independent Seller through the communication method provided by the Platform. The Seller is responsible for the Property’s authenticity, description, condition, shipment, delivery, returns, and refunds. GCA may facilitate communication and take platform-enforcement or payment-administration action, but GCA is not the Seller, does not ordinarily adjudicate the merits of a Marketplace claim, and does not assume the Seller’s obligations. Completed Auction Sales are final except for the limited claims stated in this Section and rights that cannot be waived. A change of mind, failure to obtain financing, market-price change, discovery of a lower price, disagreement with a disclosed grade or opinion, or a condition issue visible in the images is not a valid claim.

Marketplace acceptance period. The Buyer Acceptance or deemed-acceptance period described in Section 13 controls transaction administration and payout eligibility. Buyer Acceptance or deemed acceptance eliminates buyer-remorse rights and claims based on visible or disclosed characteristics that were or reasonably should have been reviewed, but it does not eliminate a timely claim for counterfeit Property, wrong item, a latent material factual misdescription, transit damage, non-delivery, or a right that cannot lawfully be waived. The separate claim deadlines below continue to apply.

For a Marketplace Sale, authenticity, wrong-item, or material-misdescription claims must be sent to the Seller through the Platform within five (5) business days after confirmed delivery. Visible shipping damage, shortage, or non-delivery must be reported to the Seller through the Platform within two (2) business days after delivery or the expected delivery date. For an Auction Sale, the same notices must be submitted to GCA within those periods. GCA may extend a deadline for good cause or where law requires.

Buyer must preserve the Property, holder, labels, packaging, shipping materials, tracking information, photographs, and other evidence; must not alter, crack, open, clean, repair, grade, authenticate, resell, transfer, or otherwise change the Property without written approval; and must return Property only after authorization. GCA may require an opinion from a nationally recognized grading/authentication service or qualified expert.

For a Marketplace Sale, the Seller is responsible for any required repair, replacement, price adjustment, rescission, return, or refund. GCA may administratively implement a refund or return approved by the Seller, required by a payment processor, required by law or court order, or necessary to correct GCA’s own error, but GCA does not independently provide an authenticity, grading, or condition determination and does not become responsible for the Seller’s obligations by assisting with the transaction. For an Auction Sale, if GCA validates a permitted claim, GCA may repair, replace, obtain an adjustment, rescind the sale, or refund the Hammer Price, Buyer’s Premium, applicable tax, and original standard shipping for the affected item after return in the condition received. These remedies are exclusive contractual remedies except for nonwaivable rights.

GCA’s limited marketplace role. GCA may collect or preserve records, request evidence, facilitate communications, place a transaction or payout on hold, assist with a return, communicate with a payment processor, carrier, insurer, grading company, or authentication provider, reverse or adjust a platform fee, remove a listing, restrict an account, or take other action to enforce this Agreement or protect users and the Platform. Taking such action does not make GCA the Seller, create a warranty or guarantee, or obligate GCA to resolve a private dispute between a Marketplace Buyer and Seller.

18. Chargebacks, Refunds, and Reversals

For a Marketplace Sale, a User must first contact the Seller through the Platform and cooperate in good faith. For an Auction Sale, the User must submit the claim to GCA through the stated process. A chargeback or payment dispute does not eliminate the underlying payment obligation. GCA and the applicable processor may contest a chargeback using account, checkout, payment-authentication, 3-D Secure, risk-review, Marketplace Examination, Buyer Acceptance, deemed-acceptance, listing, bid, invoice, identity, delivery, tracking, signature, communications, grading, authentication, and claim records. Each Seller and Consignor must provide requested evidence promptly and no later than the deadline stated by GCA or the payment processor.

Provisional recovery rights. While a dispute is pending, GCA or the processor may exercise the hold, reserve, application-fee reversal, transfer-reversal, connected-account debit, authorized bank debit, setoff, suspension, and evidence-preservation rights stated in Sections 12 and 34. A provisional recovery does not determine who ultimately bears the loss. The parties’ records will be adjusted after the dispute and final responsibility determination.

Marketplace Seller responsibility. Because marketplace payments are intended to be processed through the Seller’s connected payment account or another GCA-approved payment method, the Seller is responsible for the transaction amount and for processor or financial-institution fees, refunds, partial refunds, unauthorized-payment or stolen-card claims, cardholder-recognition disputes, card chargebacks, ACH or other bank-debit returns, unauthorized-debit claims, payment reversals, dispute-received and dispute-response fees, negative balances, optional instant-payout fees, return shipping, expert or authentication costs, and other reasonable direct losses arising from or relating to the Marketplace transaction or the payment method enabled by Seller. This allocation applies even when the Seller fully complied with GCA’s instructions and even after Marketplace Examination, Buyer Acceptance, deemed acceptance, confirmed delivery, or payout. It also applies if a successful payment dispute does not result in return of the Property. Seller is not responsible to the extent a loss is finally determined to have resulted solely from a duplicate, excessive, or erroneous charge initiated by GCA, GCA’s gross negligence or willful misconduct, or another liability that cannot lawfully be shifted.

No general GCA Seller Protection. GCA does not guarantee payment authorization, delivery, chargeback protection, recovery of Property, or restoration of Seller proceeds and does not assume the Seller’s connected-account obligations merely because GCA provides Marketplace Examination, authentication, transaction records, fraud screening, payment-authentication tools, shipping requirements, Buyer Acceptance procedures, or assistance with a dispute. A processor approval, examination result, Buyer Acceptance, deemed acceptance, delivery confirmation, or payout is not a representation that the payment is final or cannot be disputed. GCA may adopt or offer a separately published seller-protection program in the future, but no protection applies unless it was conspicuously offered for the transaction and all stated conditions were satisfied.

Marketplace refunds and application fees. Seller authorizes the processor and GCA to implement a refund approved by Seller, required by the payment processor, required by law or court order, necessary to correct a duplicate, excessive, or erroneous charge initiated by GCA, or supported by a clear and documented Seller breach of this Agreement. GCA may reverse or refund a corresponding application fee, debit the Seller’s connected-account balance, and recover any deficiency as permitted by the payment structure and this Agreement. Unless otherwise disclosed, GCA ordinarily will return the proportional application fee for a refund not caused by Seller breach. GCA may retain all or part of its fee, to the extent permitted by law, when the refund or cancellation results from Seller breach, nonshipment, counterfeit Property, material misdescription, prohibited conduct, or another Seller-responsible event. Processor fees may remain nonrefundable. GCA’s administrative action does not make GCA the Seller or require GCA to decide professional authenticity, grading, or condition disputes.

Auction Consignor responsibility. An Auction Consignor is responsible for a refund, rescission, chargeback, reversal, fee, or related loss to the extent caused by or attributable to the Property; defective or disputed title; counterfeit status; authenticity; condition; description; provenance; grading or certification information; undisclosed alterations or defects; inaccurate Consignor information; Consignor interference; prohibited conduct; or Consignor breach.

GCA-controlled auction risks. GCA will bear the net loss to the extent finally determined to have resulted solely from: (a) pure unauthorized-payment or stolen-payment fraud where GCA selected or approved the payment method and the Consignor fully complied with this Agreement; (b) GCA’s shipping, delivery, or fulfillment error while GCA controlled fulfillment; (c) a duplicate, excessive, or erroneous charge initiated by GCA; or (d) GCA’s gross negligence, willful misconduct, or material breach. Losses involving more than one cause will be allocated according to the extent each cause contributed to the loss.

Property return, later recoveries, and no double recovery. A successful card-network chargeback does not guarantee that the Buyer will return the Property. GCA may seek return, reimbursement, insurance, carrier recovery, or other relief but does not guarantee recovery. A Seller or Consignor is not entitled to receive both the full sale proceeds and the returned Property or another reimbursement for the same loss. GCA will credit the net value of Property or money later recovered, and GCA will not recover more than its actual net loss plus fees, costs, and expenses authorized by this Agreement.

Part IV — Fixed-Price Marketplace Terms

19. Marketplace Structure; No Auction

A Marketplace Listing is offered at a stated price and may permit private offers and counteroffers. There are no public competitive bids, bid increments, reserve prices, Hammer Prices, countdown bidding, or highest-bidder determinations. Each Marketplace checkout ordinarily covers Property sold by one Seller so that the payment can be processed on that Seller’s connected account, unless the platform expressly supports and discloses another compliant payment structure. GCA’s marketplace facilitation does not convert the sale into an auction.

20. Marketplace Listing, Purchase Formation, and Private Offers

The Seller establishes the asking price, listing information, and, subject to Section 10, the GCA-approved payment methods made available for the listing. A Buyer’s “Buy Now” submission or accepted private offer forms a binding purchase when the platform confirms acceptance, subject to payment, verification, availability, Marketplace Examination, Buyer Acceptance or deemed acceptance, and any disclosed condition. The Buyer must use one of the payment methods displayed or otherwise approved for the transaction. A private offer may be accepted, rejected, countered, or allowed to expire. An offer does not reserve Property unless the platform expressly states otherwise.

GCA may cancel or correct a marketplace transaction before shipment for fraud, material error, duplicate sale, unavailable Property, title/authenticity concern, payment risk, legal restriction, or another legitimate reason. GCA will refund amounts collected for a canceled transaction, which is the Buyer’s exclusive contractual remedy for the cancellation.

GCA-custodied Marketplace minimum listing term. When a Seller sends or delivers Property to GCA for a Marketplace Listing, each item accepted by GCA must remain listed exclusively on the GCA Marketplace for a minimum of three (3) months beginning on the date the listing first becomes publicly active, unless the item is sold, GCA rejects or removes it, or GCA agrees in writing to a shorter period. During the minimum term, Seller may not withdraw the Property, demand its return, transfer or pledge it, or list or sell the same unique Property elsewhere. GCA may suspend or remove a listing for legal, authenticity, title, condition, pricing, security, insurance, operational, or other legitimate reasons without waiving the minimum-term restriction as to the Seller.

Withdrawal and return after the minimum term. After the three-month minimum term expires, Seller may request withdrawal and return of unsold Property. The listing remains active until GCA confirms withdrawal. GCA may complete or resolve any pending purchase, accepted offer, payment, claim, investigation, chargeback, legal hold, or other open transaction before release. Seller is responsible for applicable return shipping, insurance, storage, handling, grading, authentication, or other disclosed charges. GCA may retain the Property until all amounts owed are paid and may exercise its lien and setoff rights under Section 34.

21. Marketplace Seller Appointment and Duties

Seller appoints GCA on a nonexclusive basis to display the listing, facilitate the transaction, provide the checkout interface and customer service, arrange and administer payment through a GCA-approved payment flow, keep Seller payout pending through Buyer Acceptance or deemed acceptance, receive Seller-retained Property after sale, perform intake, remove prohibited package materials, coordinate Marketplace Examination, and ship the Property to the Buyer. For Property physically delivered to and accepted by GCA for a GCA-custodied Marketplace Listing, Seller also appoints GCA as the exclusive listing, custody, marketing, and fulfillment agent for that specific Property during the three-month minimum listing term in Section 20. Seller remains the seller of record, controls the asking price subject to platform rules, retains title until transfer to Buyer, and is the beneficial recipient of the net sale proceeds. GCA does not purchase the Property or become the Seller merely by providing the Services.

Seller must complete and maintain, before listing or payout, the connected-account onboarding required by Stripe Connect or another approved processor, including accurate identity, beneficial-ownership, authority, tax, bank, and payout information. Seller authorizes the processor to verify that information; deduct its fees; transfer GCA’s application fee; impose reserves or payout delays; reverse transfers; debit the connected-account balance; and address negative balances under the processor’s terms and this Agreement.

Seller payment-method election and risk acknowledgment. By completing connected-account onboarding, selecting or enabling a payment method, submitting a listing, or accepting a Marketplace transaction, Seller acknowledges and accepts the method-specific risks described in Section 10 and the allocation stated in Sections 12, 18, 22, and 34. Seller acknowledges that the Buyer’s payment may later be returned, disputed, or reversed, including as an unauthorized or stolen-card payment, card chargeback, ACH return, or unauthorized bank debit, and that Marketplace Examination, Buyer Acceptance, deemed acceptance, delivery, and payout do not eliminate Seller’s responsibility. GCA may require a separate checkbox or transaction-specific acknowledgment of the selected payment methods and this allocation.

Seller represents and warrants that Seller owns the Property or has authority to sell it; title is good and transferable; the Property is not stolen, counterfeit, illegally obtained, or subject to an undisclosed lien; all descriptions and images are accurate; all material condition, alteration, restoration, autograph, provenance, and grading information is disclosed; and the sale and shipment are lawful.

Seller must respond promptly; comply with listing, payment, Marketplace Examination, shipping, insurance, signature, chain-of-custody, return, chargeback-evidence, and evidence-preservation standards; honor accepted transactions; and reimburse GCA for claims and losses allocated to Seller under this Agreement. Seller may not list the same unique Property elsewhere in a manner reasonably likely to cause a duplicate sale after accepting a Buyer’s purchase or offer.

Marketplace possession verification and audits. GCA may at any time require a Marketplace Seller to provide updated photographs, timestamped images, video verification, certification-number confirmation, inventory records, or other reasonable proof that the Seller continues to own and possess the Property and that it remains in substantially the condition described in the Listing. Seller must respond within the time specified by GCA. If Seller fails to cooperate, cannot verify possession or condition, or provides information that raises a material concern, GCA may suspend or remove the Listing, cancel or pause a pending transaction before shipment, restrict the account, require delivery of the Property into GCA custody, or revoke eligibility for Seller-retained Marketplace Listings.

Seller may not include in any package or shipment any telephone number, email address, social-media handle, website, QR code, payment instructions, business card, coupon, flyer, invoice, note such as “call me” or “text me,” or other content intended to encourage direct contact, an off-Platform purchase, or avoidance of GCA’s fees, payment process, or protections. A plain thank-you note or neutral packing record is permitted only if it contains no outside contact information, advertising, solicitation, or payment instructions. Seller authorizes GCA to open and inspect inbound packages and remove, retain, or discard prohibited materials. Seller remains responsible for the accuracy of listing content generated, translated, edited, or suggested by GCA or a third-party automated tool.

22. Marketplace Payment, Payout, Refunds, and Reserves

The Buyer must pay the full Total Purchase Price before the Seller is authorized to ship. The payment will be processed and captured through a GCA-approved payment provider, and the Seller’s net proceeds will remain pending and unavailable for payout or transfer until Buyer Acceptance or deemed acceptance. The processor or financial institution may deduct applicable charges and allocate GCA’s disclosed application or platform fee. GCA does not operate a Marketplace escrow account and does not promise that a processed payment is final, unconditional, or irrevocable.

Marketplace intake, delivery, and payout-eligibility process. After payment approval and capture, GCA will authorize the Seller to ship the exact Property to GCA or a designated examination provider within three (3) Business Days. GCA may cancel the transaction, return the Property, or administer a refund if the Seller fails to ship timely or if the Property materially fails the required intake or examination. If the Property is accepted for forwarding, GCA will ship it to the Buyer within three (3) Business Days after receipt and completion of the required intake or examination, subject to any conspicuously disclosed longer authentication, grading, or special-handling period. The Buyer then has forty-eight (48) hours after confirmed delivery to accept the Property or submit a permitted claim. Electronic acceptance or expiration of the forty-eight (48)-hour period without a claim makes the transaction eligible for payout. A timely claim pauses payout eligibility.

Meaning of payout release. References to “release,” “eligibility,” or “payout” mean that GCA may mark the transaction eligible and provide the available payout or transfer instruction to the processor after Buyer Acceptance or deemed acceptance. GCA will do so promptly after electronic acceptance or expiration of the forty-eight (48)-hour period without a permitted claim. Stripe or another processor controls the timing of the actual deposit to Seller and may impose or continue its own verification, holds, reserves, debits, reversals, or delays. Funds maintained by the processor before release are not a legal escrow deposit.

Post-payout disputes. Marketplace Examination, Buyer Acceptance, deemed acceptance, confirmed delivery, and payout do not prevent a cardholder, issuing bank, card network, payment provider, or other authorized person from later initiating a dispute, chargeback, reversal, or fraud claim. Seller remains responsible for those Marketplace amounts and related fees under Sections 12, 18, and 34 unless GCA expressly offered applicable written seller protection for that transaction.

Seller authorizes GCA and the processor to administer approved refunds; reverse application fees, payouts, or transfers; debit the connected-account balance; impose or maintain reserves; delay payouts; initiate separately authorized bank debits; deduct from future payouts; and recover deficiencies as provided in Sections 12, 18, and 34. Seller remains responsible for refunds, unauthorized-payment and stolen-card claims, chargebacks, dispute fees, processor fees that are not returned, negative balances, and other Marketplace losses allocated to Seller under this Agreement.

The ordinary Marketplace payout delay continues through confirmed delivery and the forty-eight (48)-hour Buyer Acceptance period. An additional reserve or hold may continue or be increased for new Sellers, high-value or high-risk Property, abnormal transaction activity, suspected fraud or counterfeit activity, shipping or identity concerns, claims, chargebacks, processor requirements, or legal obligations. An ordinary bank payout may be offered without a separate payout fee under the processor’s then-current pricing, while an optional instant payout or other accelerated payout may carry a fee charged to Seller.

23. INFORM Consumers Act and Seller Verification

Seller authorizes GCA and designated providers to collect and verify bank, tax, identity, contact, and business information; require annual certification; make legally required listing or order disclosures; provide a reporting mechanism; protect information collected for compliance; and suspend sales activity when required. Seller must promptly provide accurate information and may not structure activity to evade applicable thresholds or disclosures.

Part V — Auction Bidder and Buyer Terms

24. Auction Licensing and Event Disclosures

Auction features are available only when GCA and the persons responsible for conducting the auction have obtained and maintain all licenses, registrations, permits, and governmental authorizations required by applicable law. The applicable auction page or advertisement will identify licensing information when required by law and will disclose the Buyer’s Premium, auction format, reserve status, bidding terms, dates, payment methods, and other material terms.

Auction advertisements and event pages will include disclosures required by law. If an event-specific term conflicts with this Agreement, the event-specific term controls only for that auction and only if conspicuously disclosed before the applicable bid.

25. Bidder Registration and Payment Authorization

Activating bidding constitutes application for a bidder account and confirmation that Bidder has reviewed the auction provisions of this Agreement and the applicable event disclosures. Bidder authorizes GCA and its providers to verify identity, age, authority, address, payment information, and account ownership; conduct sanctions and fraud screening; establish or reduce bidding limits; require government identification, deposits, source-of-funds information, enhanced authentication, or wire payment; and charge or collect amounts due for winning bids under Section 10 and the event record.

Bidder qualification, references, and bidding limits. In establishing, increasing, reducing, or denying a bidding limit, GCA may consider prior auction purchases, payment performance, account tenure, transaction history, requested bidding level, transaction value, proposed payment method, identity-verification results, and references from established auction houses, dealers, collectors, financial institutions, or other sources GCA considers reliable. GCA may contact and verify references and may condition bidding or an increased limit on a good-faith deposit, proof of collected funds, bank confirmation, or another reasonable assurance of payment. Unless applied to a purchase, default, charge, or other amount lawfully owed, a refundable bidding deposit will be returned in accordance with the event disclosures and applicable payment-provider timing.

Bidder is responsible for bids submitted through Bidder’s account. Each bid is a binding offer to purchase. GCA may treat account activity as authorized unless it receives timely notice of suspected unauthorized use before the bid, subject to applicable law.

26. Buyer’s Premium, Auction Format, Reserve, and Completion

The Buyer’s Premium is twenty percent (20%) of the Hammer Price and will be announced or conspicuously displayed at the beginning of the auction and on the event page. Each Lot is a separate sale. An auction sale is complete when the platform or auctioneer announces completion, records “SOLD,” or uses another customary closing method stated in the event disclosures.

Unless the applicable event page expressly states otherwise, a Lot with a GCA pre-auction estimated value of less than two thousand five hundred dollars ($2,500) will be offered without reserve. A Lot with a GCA good-faith pre-auction estimated value of $2,500 or more will be sold with reserve unless it is expressly designated as absolute or without reserve. In a reserve auction, GCA may withdraw a Lot before completion. In an absolute or without-reserve auction, withdrawal and owner bidding are restricted by law. Seller or owner bidding is prohibited unless lawfully reserved and disclosed.

GCA, an affiliate, an owner, an employee, an independent contractor, or the principal auctioneer may own or have a financial interest in Property only when that interest is disclosed as required by law and the transaction is administered in compliance with applicable bidding and conflict rules. No such person may engage in undisclosed owner bidding, shill bidding, or manipulation.

A bidder may request retraction before completion to the extent provided by law and platform rules. Retraction does not revive a prior bid. A request is not effective unless the platform permits it or GCA confirms it. GCA may reopen bidding or resolve a bid received during closing as permitted by law and the event terms.

27. Bidding Administration and Technology

Unless a different period is disclosed on the applicable auction page, an online auction will ordinarily remain open for approximately ten (10) calendar days. The auction page will state the actual opening and closing dates and times. GCA may establish bid increments, proxy or maximum bidding, staggered closing, soft-close extensions, bidding limits, deposits, grouping or splitting of Lots, and opening/closing times. The event page and platform records control. GCA may reject, cancel, recognize, or reopen bids and may withdraw or cancel a sale for fraud, collusion, material error, disputed title, authenticity concern, platform malfunction, or another legitimate reason consistent with law.

Related-account detection and self-bidding controls. To protect auction integrity, GCA may associate, compare, and review accounts and activity using common or related names, household or business relationships, addresses, telephone numbers, email addresses, payment methods, bank or payout accounts, devices, IP addresses, cookies, account identifiers, transaction history, and other fraud-prevention signals. GCA may prevent or investigate bidding by a Consignor, owner, agent, employee, contractor, household member, affiliate, or person acting in concert with Property in which that person has an ownership or financial interest. GCA may require disclosure, reject or cancel bids, suspend or link accounts, hold Property or settlement pending investigation, cancel a sale, and take other action permitted by this Agreement or law when it reasonably suspects undisclosed owner bidding, shill bidding, collusion, or bid manipulation.

GCA is not responsible for internet delay, device failure, software error, third-party outage, failed transmission, or other technology issue except to the extent caused by GCA’s gross negligence, willful misconduct, or liability that cannot lawfully be limited. Bidder bears responsibility for connectivity and timely bid submission.

28. Auction Payment, Finality, Default, and Remedies

Payment is due by the deadline stated on the invoice or event page, ordinarily within seventy-two (72) hours after invoice issuance. The payment-method availability, limits, verification requirements, and other payment provisions in Section 10 apply. Winning bids are final and binding subject only to the limited claim rights in Section 17 and nonwaivable law. GCA will not release or ship Auction Property until the winning Buyer’s payment has been received, collected, and cleared and applicable verification requirements are satisfied. GCA will ship the purchased Property within three (3) Business Days after those conditions are satisfied unless the auction page conspicuously discloses a different handling period.

If Buyer fails to pay or perform, GCA may charge an authorized payment method, retain an authorized deposit, cancel the sale and withhold delivery, resell the Lot publicly or privately, suspend or terminate the Buyer’s bidding privileges or account, refer the matter for collection, exercise setoff, and hold Buyer responsible for any lawful deficiency, resale cost, collection expense, or other recoverable loss. Any surplus from resale belongs as provided by the applicable Consignor transaction record and law; a defaulting Buyer has no right to it unless required by law.

No GCA payment guarantee. GCA is not required to release the Property or pay the Consignor unless and until the winning Buyer’s payment has been received, finally collected, cleared, and reconciled and all applicable transaction conditions have been satisfied. If the winning Buyer defaults, GCA does not owe the Hammer Price or any other sale proceeds from GCA’s own funds unless GCA expressly provided a written guarantee or advance in a separate accepted transaction record.

Second-highest bidder. A prior or second-highest bid is not automatically revived, and the second-highest bidder does not automatically become the Buyer. GCA may offer the Lot to the second-highest bidder at that bidder’s last bid or another agreed price, relist the Lot in another auction, or sell it privately as authorized by the Consignor and applicable law. No sale to the second-highest bidder occurs unless that bidder affirmatively accepts the offer. The twenty-percent (20%) Buyer’s Premium applies to the accepted purchase price.

Part VI — Marketplace Seller and Auction Consignor Terms

29. Single Master Agreement and Incorporated Transaction Records

This Website Terms of Use and Platform Agreement is the single master agreement for every User role, including Buyer, bidder, Marketplace Seller, and Auction Consignor. No separate marketplace seller agreement, auction consignor agreement, auction bidder agreement, or buyer agreement is required. Each listing, purchase, bid, or consignment must be documented through an electronic transaction record generated or maintained by GCA’s approved software. The incorporated record may consist of listing or consignment intake fields, uploaded images and documents, seller-dashboard selections, Property intake records, reserve and pricing selections, custody, examination, acceptance, fulfillment and shipping instructions, auction-event settings, payment and settlement selections, chargeback-risk acknowledgments, special instructions, and electronically accepted disclosures. Only the Seller, Consignor, owner, or authorized agent is required to electronically sign or accept the seller or consignment submission for the identified Property. Buyers and bidders accept the terms applicable to their transactions through the Website’s account, bidding, offer, checkout, and payment clickwrap process and do not sign a seller or consignment submission.

The electronic transaction record will identify, as applicable: the legal name and physical address of the Seller, Consignor, owner, or authorized agent; if the person or entity employing or appointing GCA is different from the owner, that person’s or entity’s legal name and physical address; the Property; whether the transaction is a Seller-retained Marketplace Listing, GCA-custodied Marketplace Listing, or Auction Consignment; ownership and authority; the terms under which GCA receives, holds, lists, auctions, returns, or transfers the Property; the terms under which GCA calculates and remits net proceeds; title, condition, authenticity, grading, and lien disclosures; custody and intake status; accepted declared value; date the Marketplace Listing becomes active; the three-month minimum listing term where applicable; the three (3)-Business-Day inbound and outbound shipping requirements; Marketplace Examination, authentication, Buyer Acceptance, deemed acceptance, insurance, withdrawal, and return instructions; asking price or reserve; for a Marketplace Listing, the Seller-selected payment methods and limits approved by GCA; for an Auction Listing, the payment methods and limits established or approved solely by GCA; the twenty-percent (20%) Auction Buyer’s Premium; the standard ten-percent (10%) Marketplace Seller platform fee or any accepted variation; the flat ten-dollar ($10) processing fee for an applicable Marketplace Sale or Auction Sale below $100; authorized expenses; payment flow; payout or settlement terms; chargeback-risk allocation; special instructions; and the Agreement version, acceptance language, date and time, account identifier, and other electronic-signature records maintained by GCA.

For an Auction Consignment, this Agreement and the incorporated electronic transaction record together constitute the written agreement between GCA and the owner or authorized agent before the Property is offered at auction. The owner or authorized agent electronically signs or accepts that record. GCA’s acceptance of the Property or activation of the Auction Listing constitutes GCA’s acceptance, and no separate GCA signature is required. GCA will provide the owner or authorized agent access to a downloadable, printable, or electronically delivered copy and will retain the record for at least two (2) years or any longer period required by law. If the software cannot capture a required transaction term, GCA may add an electronic intake field or incorporated transaction term before acceptance; the added term becomes part of this single Agreement and does not create a separate schedule or standalone agreement.

30. Common Seller and Consignor Representations

Seller/Consignor represents and warrants that all identity, authority, ownership, tax, bank, condition, description, provenance, authenticity, grading, certification, lien, and shipment information is complete and accurate; Seller/Consignor has good title and authority; Property is transferable and lawful; and no undisclosed person has an interest that would prevent or impair the transaction.

Seller/Consignor must disclose known alteration, trimming, recoloring, restoration, repair, replacement, counterfeit concern, autograph issue, holder damage, label error, stolen-property report, ownership claim, lien, security interest, restriction, or other material fact. These representations survive sale, payout, termination, and later claims.

Seller or Consignor must complete and maintain the identity, tax, bank, authority, and ownership verification applicable to the transaction and must cooperate with reasonable title, ownership, stolen-property, sanctions, secondhand-dealer, pawnbroker, law-enforcement, insurer, processor, tax, and regulatory inquiries. Cooperation includes providing government identification, entity or authority records, tax forms, bank-account verification, purchase records, provenance, certification information, serial numbers, and other reasonably requested documentation. GCA may withhold acceptance, listing, shipment, return, or payout until verification is satisfactory.

31. Auction Consignment Appointment and GCA Discretion

For an Auction Consignment, Consignor appoints GCA as exclusive agent during the consignment term to receive, inspect, possess, photograph, catalog, advertise, market, offer, and sell the Property through GCA’s platform or an approved third-party platform. Consignor may not withdraw, transfer, pledge, encumber, or separately offer accepted Property without GCA’s written approval.

Subject to written reserve instructions and law, GCA controls photography, descriptions, condition observations, grouping or splitting, auction selection and dates, estimates, bid increments, platforms, advertising, bidder verification, payment methods and limits, collected-funds requirements, and other auction administration. The Consignor may communicate a payment-method preference before the auction, but GCA retains final authority. GCA may correct a catalog error, supplement a description, reject Property, or withdraw a Lot before completion when permitted.

32. Auction Reserve, Expenses, Withdrawal, and Unsold Property

For a Lot with a GCA good-faith pre-auction estimated value of less than two thousand five hundred dollars ($2,500), no reserve or minimum price applies unless GCA expressly approves and records it before bidding begins. A Lot with a GCA good-faith pre-auction estimated value of $2,500 or more will be offered with reserve unless the completed transaction record or auction page expressly designates it as absolute or without reserve. Any specific reserve or minimum price must be recorded before bidding begins. If no specific dollar amount is recorded, the with-reserve format permits GCA to withdraw the Lot before completion as allowed by law but does not create an undisclosed minimum price. GCA may decline an unreasonable reserve. Absolute or without-reserve treatment is subject to statutory restrictions.

Consignor authorizes deduction of approved grading, authentication, photography, shipping, insurance, storage, return, chargeback, refund, and other specifically authorized transaction expenses. These expenses are not auction fees. Funds advanced by Consignor for expenses will be used for the stated purpose or refunded at settlement as required, subject to any lawful written flat-fee arrangement for a separate service.

Withdrawal after GCA acceptance requires written approval and may result in payment of documented expenses, an agreed withdrawal fee, repayment of any advance, and return-shipping charges. Unsold Property may be returned, relisted, transferred to a Marketplace Listing, stored, or otherwise handled only under written or electronic instructions. GCA will use legally compliant notice and unclaimed-property procedures and does not obtain ownership merely because time passes.

33. Auction Proceeds, Trust Account, Ledger, and Settlement

Auction buyer payments will be processed through a GCA merchant account or account configuration separate from the marketplace connected-account flow. The ordinary U.S.-dollar payout destination for auction charges will be GCA’s designated auction trust or escrow account at an insured Florida financial institution. The payment processor’s balance is not the statutory trust or escrow account, and GCA will not treat processor-held funds as satisfying its trust-account obligations.

When settlement is not immediate, sale proceeds received for another person will be deposited into the auction trust or escrow account within two (2) working days after the auction, as required by law. If a processor imposes a settlement delay, reserve, fee deduction, or temporary balance hold, GCA will use daily, manual, or other appropriate payout controls and accounting procedures reasonably designed to transfer all proceeds required by law to the trust account within the required period. GCA may restrict payment methods or delay release of Property when necessary to comply. GCA may maintain no more than the amount of company administrative funds permitted by law in the trust account.

The processor will not pay the Consignor directly. GCA will maintain a separate ledger for each auction, reconcile the trust account monthly, retain signed and dated reconciliation records for the required period, and record the Buyer, Consignor, auction, Lot, gross payment, Buyer’s Premium, any applicable flat ten-dollar ($10) processing fee, taxes, shipping, refunds, chargebacks, processor deductions, trust deposit, authorized expenses, and net settlement. Interest will be treated as property of the Consignor or owner for whom the funds were received unless the parties agreed otherwise in writing before the auction.

Net Sale Proceeds will be remitted from the auction trust account to the Consignor according to the completed electronic transaction record after collected funds, reconciliation, and authorized deductions and subject to legitimate holds, refunds, chargebacks, disputes, liens, and legal requirements. GCA’s earned Buyer’s Premium, any applicable flat ten-dollar ($10) processing fee, and authorized expenses may be transferred from the trust account to GCA’s operating account only through the documented settlement process and to the extent permitted by law.

34. Seller/Consignor Repayment, Lien, and Indemnity

Subject to the final risk allocation in Section 18, Seller/Consignor must reimburse GCA for any refund, rescission, unauthorized-payment or stolen-card claim, chargeback, payment reversal, negative connected-account balance, processor fee, dispute fee, title claim, counterfeit or authenticity claim, shipping loss, tax, fine, expert cost, return expense, collection expense, or third-party claim that Seller/Consignor is responsible for under this Agreement. For Marketplace Sellers, the reimbursement obligation applies even after Marketplace Examination, Buyer Acceptance, deemed acceptance, delivery, payout, or withdrawal of proceeds and even if the Buyer or cardholder does not return the Property. The obligation applies even if a processor or GCA previously paid, credited, transferred, advanced, or applied the related proceeds.

Recovery and collection remedies. To recover amounts due, GCA or the processor may reverse an application fee, payout, or transfer; debit an available connected-account balance; initiate a debit to a linked bank account or other payment method when a separate legally sufficient authorization permits; deduct from pending or future payouts; set off amounts payable to the same legal person; invoice a deficiency; suspend selling, consigning, bidding, purchasing, or withdrawal privileges; retain or control returned Property where permitted; submit the account for collection; and pursue arbitration, small claims, judicial relief, or other lawful remedies. Seller/Consignor must keep payment, payout, and collection information current and must not interfere with an authorized reversal or debit.

To secure obligations relating to accepted Property, Seller/Consignor grants GCA, to the fullest extent permitted by law, a contractual lien and security interest in the Property, returned or substituted Property, proceeds, refunds, insurance or carrier recoveries, and related claims, and authorizes setoff. If GCA later recovers money or Property relating to an amount already collected from Seller/Consignor, GCA will provide an appropriate credit after deducting amounts otherwise due.

Part VII — Special Transaction Terms, Advances, and Cleared Proceeds

35. Special Transaction Terms

Accepted special transaction terms contained in the completed electronic seller or consignment transaction record may modify a marketplace fee, the minimum term for a GCA-custodied Marketplace Listing, reserve, marketing plan, grading allocation, shipping allocation, settlement target, guarantee, authorized expense, or other specific term. They may not impose an auction seller commission or change the twenty-percent (20%) auction Buyer’s Premium unless this Agreement is formally amended and separately accepted. A blank field does not modify this Agreement. The accepted special transaction term controls only the identified subject and Property; all other provisions remain effective.

36. Consignment Advances

GCA has no obligation to make an advance. An advance is effective only when the completed electronic Consignment Advance Record identifies the Property, advance amount, estimated net proceeds, reserve or sale instructions, payment method, and the owner’s or authorized agent’s acceptance, and GCA has received and accepted the Property and required information. GCA’s funding of the advance constitutes GCA’s acceptance, and no separate GCA signature is required.

Unless the completed electronic Consignment Advance Record expressly states otherwise, an advance is an early payment against expected proceeds of the identified Property, not a deposit account, stored-value balance, general-purpose credit facility, or commitment to make future advances. No interest, periodic finance charge, fixed maturity date, or personal guaranty applies solely because ordinary market proceeds are lower than expected. GCA bears an ordinary market shortfall when Property is sold in compliance with agreed instructions, subject to the Recourse Events below.

A “Recourse Event” includes false or incomplete information; counterfeit, stolen, materially altered or misdescribed Property; defective title or undisclosed lien; unauthorized withdrawal, transfer, pledge, substitution, concealment, or damage; shill bidding, collusion, market manipulation, or payment fraud; a refund, reversal, or chargeback attributable to Consignor or Property; failure to cooperate or provide required records; or material breach. After a Recourse Event, the advance and related losses, expenses, fees, refunds, chargebacks, collection costs, and reasonable attorneys’ fees become immediately due.

Until the advance and related obligations are satisfied, GCA may retain exclusive possession and sale authority and may exercise lien, security-interest, setoff, possession, resale, collection, and other lawful remedies. Estimates are not guarantees. Advance, repayment, security, and enforcement provisions survive settlement, return, termination, and later claims.

37. Application of Cleared Consignment Proceeds

At the request of a User who is both the Consignor entitled to proceeds and the Buyer responsible for an invoice, GCA may apply identified Cleared Consignment Proceeds to that invoice. The User must accept a Cleared Proceeds Authorization through the approved software or another electronic or written record. GCA may apply only the lesser amount actually available after trust-account reconciliation and authorized deductions. Any later refund, dishonor, reversal, or chargeback may reverse the credit and reinstate the invoice. This process does not create a wallet, transferable balance, loan, or credit facility.

Part VIII — Risk Allocation, Enforcement, and Miscellaneous

38. Disclaimers

EXCEPT FOR EXPRESS OBLIGATIONS IN THIS AGREEMENT AND RIGHTS THAT CANNOT LAWFULLY BE DISCLAIMED, THE SERVICES, LISTINGS, MARKET DATA, AUTOMATED OUTPUTS, TRANSLATIONS, MARKETPLACE EXAMINATIONS, AUTHENTICATION OR GRADING OPINIONS, AND PROPERTY INFORMATION ARE PROVIDED “AS IS” AND “AS AVAILABLE.” GCA DOES NOT GUARANTEE UNINTERRUPTED OPERATION, DATA OR LISTING ACCURACY, PAYMENT AUTHORIZATION OR FINALITY, CHARGEBACK PROTECTION, RETURN OR RECOVERY OF PROPERTY, A PARTICULAR SALE PRICE, FUTURE VALUE, LIQUIDITY, GRADING OR AUTHENTICATION OUTCOME, POPULATION REPORT, FINANCING, INSURANCE RECOVERY, AUTOMATED-TOOL OUTPUT, OR USER PERFORMANCE.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, GCA DISCLAIMS IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, EXCEPT THAT A THIRD-PARTY SELLER’S TITLE AND AUTHENTICITY OBLIGATIONS REMAIN AS EXPRESSLY STATED.

39. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, GCA’S AGGREGATE LIABILITY ARISING FROM A PARTICULAR TRANSACTION WILL NOT EXCEED THE AMOUNT ACTUALLY PAID TO GCA FOR THAT TRANSACTION OR, FOR CUSTODY LOSS, THE LIMIT IN SECTION 15. GCA WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES; LOST PROFITS; LOST OPPORTUNITY; MARKET-VALUE CHANGE; LOSS OF DATA; OR LOSS OF USE. THESE LIMITATIONS DO NOT APPLY TO FRAUD, WILLFUL MISCONDUCT, GROSS NEGLIGENCE WHERE IT CANNOT LAWFULLY BE LIMITED, OR OTHER NONWAIVABLE LIABILITY.

40. Indemnification

You will indemnify, defend, and hold GCA, its members, managers, officers, employees, contractors, auctioneers, and providers harmless from third-party claims and losses arising from your Property, listing, content, title, authenticity, condition, tax, shipping, payment, account use, prohibited conduct, violation of law, or breach, except to the extent caused by the indemnified party’s gross negligence or willful misconduct.

41. Suspension and Termination

GCA may remove content, hold funds, limit transactions, suspend or terminate an account, or refuse future service for breach, fraud or security risk, payment default, noncompliance, legal process, insurer or processor requirement, or other legitimate reason. Termination does not affect accrued payment, payout, claim, repayment, lien, indemnity, dispute, recordkeeping, or enforcement rights.

GCA may close an unconfirmed or materially inactive account after reasonable notice when practicable. Account closure remains subject to completing open transactions and lawfully handling Property, funds, tax records, claims, and required retention. Closure does not require deletion of archival auction results or records GCA must or may lawfully retain.

42. Informal Resolution, Arbitration, Jury and Class Waivers

Before arbitration, a party must send a written dispute notice and allow thirty (30) days for informal resolution. Except for an individual claim eligible for small claims court, a request for temporary injunctive relief, or a matter that cannot lawfully be arbitrated, disputes arising from the Services, this Agreement, Property, a listing, purchase, bid, sale, consignment, payment, or claim will be resolved by binding individual arbitration administered by the American Arbitration Association. Consumer disputes will use the AAA Consumer Arbitration Rules; other disputes will use the applicable AAA Commercial Arbitration Rules. Hearings will occur remotely or in Orange County, Florida, unless the rules or law require otherwise.

THE PARTIES KNOWINGLY WAIVE A JURY TRIAL. CLAIMS MAY BE BROUGHT ONLY INDIVIDUALLY AND NOT AS A CLASS, COLLECTIVE, CONSOLIDATED, PRIVATE-ATTORNEY-GENERAL, OR REPRESENTATIVE ACTION TO THE EXTENT PERMITTED BY LAW.

A User may opt out of arbitration by sending a signed notice through GCA’s legal contact channel within thirty (30) days after first accepting this Agreement. The notice must identify the User and account and state the election to opt out. Opting out does not affect other provisions.

43. Governing Law, Changes, and Miscellaneous

Florida law governs without regard to conflict-of-law rules, except that the Federal Arbitration Act governs arbitration. Court proceedings not subject to arbitration will be brought in state or federal courts located in Orange County, Florida, and the parties consent to jurisdiction and venue.

GCA may update this Agreement prospectively. Material changes will be presented for acceptance or notified as required. The version accepted for a completed transaction ordinarily governs that transaction. Continued use after an effective update constitutes acceptance only when legally sufficient; GCA will obtain renewed clickwrap acceptance for material changes affecting transaction rights.

Order of control within this single Agreement: (1) accepted special transaction terms contained in the completed electronic seller or consignment transaction record; (2) the remaining completed electronic listing, consignment, intake, custody, payment, settlement, Consignment Advance, or Cleared Proceeds Authorization record; (3) the auction-event or checkout record; (4) the main body of this Agreement; and (5) other Website materials. Each listed record is incorporated into this Agreement; a higher-priority record controls only the specific conflict. The Privacy Policy is a notice and does not override commercial terms.

This Agreement and incorporated records are the entire agreement regarding the Services. Assignment by a User requires GCA’s consent; GCA may assign in a merger, financing, sale, reorganization, or transfer of the applicable business. Invalid terms will be severed or reformed to the minimum extent necessary. Failure to enforce is not a waiver. Headings are for convenience. Electronic counterparts and records are effective.

44. Contact Information

GCA will display applicable licensing information on auction pages, advertisements, transaction records, or other materials when required by law.