Traditional Culture Encyclopedia - Hotel reservation - Official website of Sotheby's auction house in Hong Kong
Official website of Sotheby's auction house in Hong Kong
Auction in person
Before the auction-if you bid in person, you need to cancel after the auction and pay the auction number plate. Please remember to bring invalid identification, such as driver's license or passport. If you are attending the auction for the first time, please provide your contact address, phone number and signature to activate your account. In addition, you can also ask for proof of bank account number. If it is an auction representative of a third party, the relevant power of attorney must be presented.
During the auction-when the auction stops, just raise the number plate until the auctioneer confirms your bid. The auctioneer will tell you whether your bid can be invalidated; The auctioneer will not regard random gestures as bids. The auction price increase is determined by the auctioneer, and generally the price increase will not exceed 10% of the previous tender amount. The auctioneer will increase the bid amount one by one until there is only one bidder left, and the highest bidder wins. Every lot is auctioned at the reserve price, and the seller will negotiate with Sotheby's in advance for a completely confidential minimum transaction price. If the auction results do not reach this price, the relevant lots will not be auctioned.
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