Bidding
All bids (whether by floor bidders, mail bidders, or telephone bidders) will have a premium of 18% added to the auction sale price for Public auctions. Internet auctions (5000s series) will be subject to 20% buyers premium.
All bids are per lot as numbered in the catalog unless otherwise announced by the auctioneer at the time of sale. The right is reserved to withdraw any lot prior to sale, to divide a lot, or to group two or more lots, or to act on behalf of the seller. Kewriga Auctions will execute bidding instructions on behalf of clients, but will not be responsible for any errors in the execution of such bids. Kewriga Auctions is not liable for bidding errors related to live auction internet bidding and/or the loss of internet connection during the live auction.
The highest bidder shall prevail; lots are sold at one increment over the second highest bid. Should any dispute arise between bidders, the decision of the auctioneer as to the successful bidder and the reoffering or resale of the lot under dispute shall rest entirely on the judgment of the auctioneer. The auctioneer shall regulate the bidding and reserve the right to refuse any bid believed by him not to be made in good faith.
Bidding Increments
- $10–$100$5
- $100–$250$10
- $250–$500$25
- $500–$1,000$50
- $1,000–$3,000$100
- $3,000–$7,000$250
- $7,000–$15,000$500
- $15,000–$30,000$1,000
- $30,000–$75,000$2,500
- $75,000–$150,000$5,000
- Over $150,000Auctioneer's discretion