mail-bid sale Similar to an auction, but all bids and transactions are completed through the mail or by telephone; no bidding is conducted in person. Maple Leaf A gold bullion coin of Canada. It is composed of .9999 fine gold.
This type of mail-bid sale is intended to reproduce the conditions of the classic public auction except for having no floor bidders.
All indications were that interest in the upcoming mail-bid sale would be unlike that of any other to date. Remember the sales of the 1970's? Only 1 coin per date per customer had been allowed. How would the GSA allocate coins in this sale?
bid-buy sale: A combination form of fixed-price list and mail-bid sale. Rules may vary from dealer to dealer. However, customers usually may either buy a lot outright at the fixed price or place a bid (higher or lower).
Bid sheet - A form used by a buyer in an auction or mail-bid sale, on which the buyer lists the item being bid on by the number it is assigned and the price he is willing to pay.
These were dispersed by the General Services Administration in a series of mail-bid sales from 1972 through 1980, earning big profits for the government and triggering great new interest in silver dollars.
 See also: Bid, Coin, Silver, Auction, Numismatic
  
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