How to bid in a timed D+H Online Auction
How to bid in a timed D+H ONLINE auction
STEP 1:
HEAD TO THE D+H ONLINE BIDDING PLATFORM OUR WEBSITE
Select the online auction you wish to participate in.
STEP 2:
REGISTER TO BID FOR THE SALE
When there is an auction open for bidding, click the “REGISTER TO BID” button at the top of the sale page.
If you do not have a D+H ONLINE account you will be prompted to create one by entering your name, email address and a password. You will also be asked to enter credit card details (Note: this card will not be charged for your purchase, but is used to confirm your identity).
Agree to the Terms and Conditions, then click REGISTER.
STEP 3:
ENTER THE ONLINE SALESROOM
You can place an absentee bid by entering your Maximum Bid – the highest hammer price you would be willing to pay for the item.
(A Buyers Premium of 25% (Inclusive of GST) is added to your bid amount as your total invoice amount, if you are the successful bidder.)
Review and confirm by clicking PLACE BID. From there, if others bid against you, our bidding platform will place incremental bids on your behalf to ensure you remain the highest bidder up to your maximum bid, or until you are outbid.
Note: Only you can see your Maximum Bid amount, if it is higher than the Current Bid.
If you are outbid, an “OUTBID” alert will appear on the screen and you will receive an email.
You will always have at least 5 minutes, after you have been outbid, to increase your bid before the auction closes.
Information about D+H ONLINE auctions
TIMED ONLINE SALES AND EXTENDED BIDDING
D+H timed auctions are internet-only auctions that run for a set duration of time and are available for absentee bidding only.
A unique feature in timed auctions is extended bidding. Our bidding platform does not allow sniping. If a bid is placed within the last 5 minutes of a lot’s scheduled end time, we extend the sale of that lot by 5 minutes from the last bid. This way other bidders have a chance to place a bid. Extended bidding continues until 2 hours after the last lot’s scheduled end time.
VIEWINGS
Artworks are available for viewing by appointment at either our Melbourne Gallery in South Yarra, VIC or our Sydney Gallery in Paddington, NSW. If you wish to arrange a time to view an artwork offered in our online auction, please contact: info@deutscherandhackett.com
CONDITION REPORTS
Condition Reports and high-resolution images are available upon request.
INVOICING
If you are a successful online bidder, an invoice will be sent to you via email within a day of the auction. Payment is due within 7 days of closing date of the auction and the buyer will not acquire title until payment has cleared in full. Payment must be made to Deutscher and Hackett in Australian dollars by cash, cheque, direct deposit, approved credit cards or electronic funds transfer.
BUYER’S PREMIUM
The ‘buyer’s premium’ refers to the 25% charge (inc. GST) payable by the buyer, calculated as a percentage of the hammer price.
Please note there is no additional bidding fee for online auctions. D+H ONLINE auctions are now conducted with Buyer’s Premium Parity, meaning successful bidders will pay the same BP as those at D+H live auctions.
SHIPPING AND COLLECTIONS
Buyers are required to make their own arrangements for packing, handling, shipping and transit insurance for their property, however Deutscher and Hackett would be pleased to assist by liaising with third party shipping and handling providers. Artworks are stored at either our Melbourne Gallery in South Yarra, VIC or at our Sydney Gallery in Paddington, NSW.