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An absentee bid at Suffolk auction house Lockdales

Absentee Bidding

If you can't make it to one of our regular Suffolk auctions, an absentee bid allows you to leave a bid and take part in the sale without attending.

 

An absentee bid, also known as a commission bid, is the maximum bid amount you want entered into the auctioneer's book. The auctioneer will then bid on your behalf when the lot comes up during an auction.

How it Works

 

The auctioneer will bid for you at the lowest price against other bids and any reserve price, up to and including your pre-submitted maximum bid. You can also choose to allow a 10% leeway at the auctioneer's discretion if you so wish, but this is up to you.

 

Enter the maximum amount you are prepared to offer for each lot and the auctioneer will do the rest.

WINNING ABSENTEE BIDS

 

Lots are knocked down at one step above the next highest bid, but not necessarily your highest bid. For example: if your highest bid is £110 and the next highest bid is £80: the hammer price will be £85.

 

THINGS TO CONSIDER

It is the responsibility of the bidder to check details of bids placed. All bids will be held valid even if they have been placed in error. The auctioneer is not be responsible for mistakes by the bidder. 

HOW TO LEAVE AN ABSENTEE BID

 

Absentee bids can be left via the following methods:

Absentee bids can be left up to half an hour before the start of any of our auctions in Suffolk.

Please note when we receive two or more absentee bids for the same amount, the first bid received will be the buyer.

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