The two day January 21st, 2012 Auction was held in the Williamsport, IN auction gallery. The auction included several world class trains with an enormous amount of diversity. Great crowd and internet participation for this auction.

My absentee bid was the same or higher than the auction price, but I didn't win the item. What happened? Bids were placed in competitive increments at the live auction. If a live bidder happened to match your maximum bid before the proxy bidder, they won the item. In a very few cases, mistakes in item grading were discovered at the live auction which reduced their value. In these cases absentee bids were discarded. Absentee winner notices should be delivered within one week of the auction.

Bidding in this auction is agreeing to all conditions.

Absentee bidders: If you registered to bid online for previous auctions you can use the same four-digit ID number and password to bid absentee for this auction. If you forgot your ID or haven't registered before, read this and contact us.

SPECIAL NOTES

• For information about upcoming events or about consigning your collection to Stout Auctions, email info@stoutauctions.com.

USING THIS CATALOG

Click the BROWSE button to view the entire catalog, 20 items at a time. The PREVIOUS and NEXT buttons move through the pages. You may also have the option to jump ahead or back 100 items at a time.

Each lot is listed with its text description and the current highest absentee bidder. If no high absentee bidder is listed, there are no absentee bids on the lot yet. After the live auction, absentee bidder information will be replaced within a few days by the price the lot sold for at auction.

Use the SEARCH feature to quickly locate items of specific interest. For example, type flyer and click SEARCH to find all lots including American Flyer. You could also search for C10 to find top-grade items or box to find original boxes, though the latter would also show all boxcars.

The "Items 1 - 20 of 261" section at the bottom of the menu column shows how many items match your search criteria (261, in this example) and which range of lot numbers you are looking at. You will also see the current search criteria and can click the SHOW ALL button to return to browsing the catalog.

If you change "Find items with:" to "Items excluding:" you can search for all lots that don't include a keyword. If you are only interested in diesel locomotives, for example, exclude the word steam. If you like everything except Lionel, exclude lionel.

To inspect a single lot, click the underlined lot number from the browse or search listings. A detail page will load which includes the item's color photograph. You may also place absentee bids from the item page. Click the ABSENTEE INFO button to learn more about this.

You can also jump to a specific lot by typing its lot number into the "Inspect lot number:" box and clicking the INSPECT button underneath.

AUCTION DETAILS & DIRECTIONS

• Saturday previews at 8am, auction sessions at 10am.
• Buyer's premium on items purchased through LiveAuctioneers is 17% whereas it is only 13% using absentee bids on the Stout Auctions website. Both Buyer's premiums are discounted 3% if you pay by check or cash, making it 10% with Stout Auctions and 14% with liveAuctioneers. Indiana Sales Tax is 7%
• All sales are final. Items are sold As Is. See grading below for full details.
• All items are to be paid for and removed day of sale. It is a good idea to bring boxes and packing materials for your purchases.
• All buyers will pay by cash, travelers check, personal check, Visa, or MasterCard with valid identification.
• Grading was done strictly and by appearance of the item, not boxes and not running ability. We do NOT guarantee running ability of any item. Absolutely no returns are accepted on items graded C5 or lower. After 30 days we will not accept returns under any circumstances, including items that may be described differently due to new technologies or information. Stout Auctions makes a reasonable effort to represent authenticity, originality, and grade of items with maximum accuracy at the time of the sale. Payment for an auction item that is received by Stout Auctions more than 14 days after the auction date voids all rights to returns, for any reason. After 30 days, any issue with an auction item must be resolved through the consignor of the items and NOT Stout Auctions.
• Auctioneer reserves right to make any changes to terms of sale and to catalog.
• In the event of a dispute arising out of or relating to this auction, litigation must be brought in court in the City of Williamsport, Indiana.
• Auctioneer reserves right to revoke registration or reject bids from any persons deemed disruptive to the auction because of rude or harmful behavior.
• Persons caught stealing, rearranging or mishandling lots, or conspiring to affect bidding will be prosecuted.
• Violation of these rules, writing bad checks, or other disruptive behavior may result in the perpetrator's name being forwarded in public forum to any persons at risk from the activities.
• We are not responsible for errors or omissions.
• Food, drinks and restrooms will be available at the auction.
• If you have a question please call the auctioneer at 765-764-6901.

This auction will be held in our auction gallery at 529 State Road 28 East in Williamsport, Indiana 47993. Williamsport's new red-white-and-blue water tower is in our backyard. Click here for a map. For detailed directions and lodging information, see the information page on our website.

GRADING SCALES

Stout Auctions has switched to the new TCA grading system as described below. Please read this carefully as it is significantly different from our old grading system!

Grading was done strictly and by appearance of the item, not boxes and not running ability. Absolutely no returns are accepted on items graded C5 or lower. After 30 days we will not accept returns under any circumstances, including items that may be described differently due to new technologies or information. Stout Auctions makes a reasonable effort to represent authenticity, originality, and grade of items with maximum accuracy at the time of sale.

ABBREVIATIONS

Additional details are included with each auction lot description.

STOUT AUCTIONS TOY AND TRAIN SPECIALISTS Greg Stout, Auctioneer, AU19300018 529 State Road 28 East, Williamsport, IN 47993 phone 765.764.6901  fax 765.764.1516 info@stoutauctions.com Seeking quality collections for consignment in upcoming auctions. Visit our website at www.stoutauctions.com for information on upcoming auctions.