How Bidding Works
Registration: Participants must register before bidding, providing identification and payment information.
Preview: Bidders can inspect items before the auction, assessing their condition and value.
Bidding Process: The auctioneer announces a starting price. Bidders raise their hands or use paddles to place bids, and each subsequent bid must be higher than the previous one. Some items have a minimum price (reserve price) that must be met for the item to be sold.
Winning the Auction: Once no further bids are made, the auctioneer declares the highest bidder the winner.
Payment: The winner pays the auction house a fee (5% buyer’s premium) on top of the winning bid.
Item Collection: After payment, the item can be collected or delivered.
Bid Increments
Price Range and Increment:
|
Amount Range (CHF) |
Increment (CHF) |
|
CHF 0 - CHF 1,000 |
CHF 50 |
|
CHF 1,000 - CHF 2,000 |
CHF 100 |
|
CHF 2,000 - CHF 5,000 |
CHF 200 |
|
CHF 5,000 - CHF 10,000 |
CHF 500 |
|
CHF 10,000 - CHF 20,000 |
CHF 1,000 |
|
CHF 20,000 - CHF 50,000 |
CHF 2,000 |
|
CHF 50,000 - CHF 100,000 |
CHF 5,000 |
|
CHF 100,000 - CHF 200,000 |
CHF 10,000 |
|
CHF 200,000 - CHF 500,000 |
CHF 20,000 |
|
CHF 500,000+ |
CHF 25,000 |
For Assistance with Registration & Bidding
Phone: +41 43 883 22 41
E-mail: [email protected]
Please contact Arthur Maurice specialists if you need any assistance with registration and bidding.