Hints for absentee Bids
If you are not able to attend the auction personally there is a possibility to purchase the item in demand:
the absentee bid !
The proceeding is quite simple. Letīs assume the minimum bid for the item of your interest is at €
100,00 and you decide a maximum bid of € 125,00. This means that you would bid up to € 125,00 but would be
glad to get the lot at a lower price.
Now we have three possibilities:
1. There is no other bid; then you have the winning bid at the minimum bid - € 100,00.
2. There are other bids (absentee bids or in the hall) up to € 115,00. You have the winning bid at the next
increment, in this case € 120,00.
3. There are other bids (absentee bids or in the hall) up to € 130,00. The winning bid is € 130,00, you miss
this lot out.
Your limit refers only to the bid. At the billing the buyerīs premium (15 %) and possible shipping costs