I am extremely excited to start working on a goal of mine, which you all can also help me with if you have any tips or pointers. Last week, I wrote a post about the best places to find antique jewelry and one of them was the category, Auctions. I know I remarked ever so truthfully that I had never really bid on an item at an auction, besides eBay, so I wanted to change that! I want to learn not only the steps of how-to bid at an auction house, but also, most importantly, how to win! I’ve gone to pros to help me out, over at Fellows Auction House, they have put together a step-by-step guide to help me prepare for their upcoming auction on September 12th, where several amazing pieces of jewelry are going up on the block! I’ve gone ahead and picked out my favorites of the auction–items I have my eye on and some that I would like to bid on!
Buying at auction – easy as 1,2,3!
1. View the catalogue
All of the items in Fellows auctions can be viewed online at www.fellows.co.uk. Each lot has multiple images and a detailed condition report so you know exactly what to expect.
2. Register for a Fellows account
In order to place bids you must first register for an account on our sign up page. This is a really quick and easy registration process and we will not ask for any bank or credit card details at this stage (we will only require payment details if you are successful with your bid or if you choose to bid live).
3. Placing a bid
Once you have registered for an account you will be able to place commission bids on the Fellows website by simply clicking the ‘place bid’ button next to the lots in the catalogue (commission bids are when you leave the highest amount you are willing to go up to, exactly like you would on eBay) . However, there are many other ways you can bid with Fellows:
- In person
- Booking a telephone line
- Online bidding (visit www.the-saleroom.com/fellows or www.liveauctioneers.com to register for an online bidding account. Please note there is an additional charge of 3% (+VAT) on top of the hammer price to bid online)
Whether you are successful or unsuccessful with your bid we will notify you by email after the auction has taken place. It really is as simple as that!
Becky September 4, 2013 at 1:30 pm:
So exciting!! Can't wait to hear how it goes.
KB September 5, 2013 at 6:04 pm:
I registered at Christie's and tried to bid on a gold safety pin in the Elizabeth Taylor collection (least expensive item listed). It was estimated to go $100-200, but sold for $4800!
lana September 5, 2013 at 7:15 pm:
This is so great! I was just thinking about this myself!
I'd love a follow-up on this. There seems to be so much terminology ("buyer's premium"?) that I don't understand…
Do you know of any listings of auction houses? I'd like to go in person someday…
janessica n September 20, 2013 at 9:35 pm:
Thank you! This is very interesting and useful information.
scott roes May 18, 2014 at 2:05 pm:
All these gems are beautiful, precious made up of precious metals, nice design, beautiful to wear.