CONSTITUTION and BYLAWS Of the Bend Coin Club of Central Oregon

Organized: Adopted 19 November 2009

Constitution

Article I – CLUB NAME This organization shall be known as the Bend Coin Club of Central Oregon.

Article II – MEETINGS Regular meetings of the Club shall be held on the 3rd Thursday [now 2nd Tuesday] of every month or at such other time and place as the Board of Directors may designate. The organization shall be non-profit as regulated by the State of Oregon.

Article III – CLUB PURPOSE The purpose of this organization shall be to study and support the hobby of numismatics; to promote numismatic-related educational activities; to disseminate numismatic knowledge through regular meetings. …

See the PDF file version of this document (above) for the remainder of the Constitution and Bylaws.

BCCOCO Auction Regulations

  1. An auction table is provided and established by the Club. The auctioneer checks the items to be auctioned.
  2. Items for auction may be placed on the table any time prior to beginning the auction.
  3. The auctioneer will note if discrepancies arise regarding any lot. His or her opinion will be final. If the auctioneer and the party submitting the item can’t agree on the condition or attribution of the item, it may be removed from the auction by either party or placed on the bidding table with the auctioneer decreeing the discrepancy.
  4. Auction fees will be as determined by the Board and announced to club members.
  5. Items placed on auction must comply with the following conditions.
    • Only members are eligible to offer auction material.
    • The number of lots may be limited at the discretion of the auctioneer.
    • Items, other than books or the like, must be housed in a holder, container or folder.
    • Auction slips must contain the name of seller, membership number, description of item, grade or condition and amount of minimum bid if any.
    • It is the seller’s responsibility to insure all information is placed on the slips.
  6. Bidding conditions.
    • Minimum bid means there is a price, set by the seller, below which the item can’t be sold.
    • Passed lot means there were no acceptable bids on the item.
  7. The buyer is responsible for checking auction items. When the auctioneer closes the bidding and declares the item sold, it is just that—the item then belongs to the buyer, who must honor his or her bid. The auction is merely an instrument to serve both parties, and the Club has no responsibility in the transaction.
  8. Each lot should have a minimum value of $5.00, unless otherwise announced.