Auction - Internet
Tips for Bidding with Success in Online Auctions
Famille Jaune Bowl, China, with lotus scrolling alternating with four characters, (Estimate $200-300; Sold for $24,600)
Believe it or otherwise not, Skinner held its first online-only auctions in 1999. At the time, bidders experienced a platform built by using an emerging technology. Fast-forward to 2018, and it’s nearly impossible to find a collector or maybe occasional buyer who hasn’t taken part in online auctions. |
The main feature connected with an online-only auction is always that bidding happens online over a long period of time – to be a bidder, you do not have to spend hours in the saleroom expecting the lot(s) you are looking for to come in your area. In fact, there’s no auctioneer for a podium. Instead, technology acts because “auctioneer” by recognizing and accepting competing bids until time gets outdated.
Even if you’re already confident with the online auction format, it always really helps to be prepared if the bidding starts. These five tips will let you bid with success.
Even if you’re already confident with the online auction format, it always really helps to be prepared if the bidding starts. These five tips will let you bid with success.
- Preview face-to-face
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18kt Gold, Platinum, and Diamond “Sixteen Stone” Ring, Schlumberger Studios, Tiffany & Co sold for $4,305 inside a Fine Jewelry online auction.
The auction might be online-only, even so the objects are true! A Skinner differentiator is the fact that all the material we provide at auction can be acquired to preview face-to-face. Often, it’s tricky to judge the product quality, scale, and condition of the object should you not handle it yourself. Check the auction web page for published times and dates or speak to the department for making an appointment.
The auction might be online-only, even so the objects are true! A Skinner differentiator is the fact that all the material we provide at auction can be acquired to preview face-to-face. Often, it’s tricky to judge the product quality, scale, and condition of the object should you not handle it yourself. Check the auction web page for published times and dates or speak to the department for making an appointment.
- Ask questions
- Find your bidding style
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Whether you cherish the adrenaline rush of competitive bidding, or if you like the convenience and simplicity of leaving one maximum bid and then looking forward to the results, discounts fit your individual bidding style. Bid the present or opening bid if you need to be in control (you are going to receive an automatic notification by email if you’re outbid to be able to bid again), or leave your maximum bid and wait. In either case, the working platform will bid
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competitively for you personally at pre-determined increments around that dollar amount.
- Use the watchlist
The watchlist provides a personalised list of merely the items that appeal to you.
The watchlist provides a customized list of the items that appeal to your interest.
The watchlist provides a customized list of the items that appeal to your interest.
- Pay attention in the final minutes
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