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Buying at an Auction 

Caveat emptor - Let the buyer beware

See Auction Buying Guide

 

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Buying at an Auction 

Caveat emptor - Let the buyer beware

See Auction Buying Guide

Many salerooms now hold their auction weekly, bi-weekly, twice a week or  even monthly. Always try an attend a viewing prior to the auction , this is usually 1one or two days before the sale, to view the lot/s you are interested in buying. Some auctions/salerooms will give you a bidding number or a paddle with a number on, for you to bid at the auction. Always handle the lot/s so you can check for any damage as well as see the overall condition of the sale lot. 

See if there is a auction guide price to the lot ..if not as the auctioneer for a rough estimate on the lot. Always check in the auction catalogue for the rates of commission before you start bidding, they will range from a few % right up to 25%..this is added on to the final auction price as well as vat added to the commission price.

 

 

 

 

 

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