Cambridge Edition March 2022 - Web

AUCT IONS

WEWOULDALWAYS RECOMMEND SEEING THE ITEM IN THE FLESH

comes down, you are committed to a contract to buy, so it’s definitely best to be sure ahead of time.” If unable to attend, you may request a condition report in addition to the catalogue. There are a range of options for how to take part, from being at the core of the action, to not attending at all. With absentee or commission bidding, you instruct the auctioneer to bid on your behalf up to a limit. That means there’s no snap-decision changes to your budget – and sometimes sadly missing out by only one bid. Observing online allows you to join in from wherever you choose, from your sofa to a sunlounger, although an unreliable internet connection adds extra risk. Phoning in is perhaps the best compromise, allowing you to stay at home and make decisions on the day. Additional fees apply for those not attending in-person.

Fans of window shopping will quickly acclimatise to auction culture: underpinning it is a philosophy of one-of-a-kind finds and dazzling deals. Martin explains: “Often, auctions are not necessarily about what someone needs, but what catches their eye!” BE PREPARED Once you’ve decided on an auction and the day is approaching, make sure to flick through the catalogue (available to view online or purchase), containing pre-sale estimates of how much the lots will sell for. Saleroom viewings are then held either on particular days or between certain dates. “We would always recommend coming and seeing the item in the flesh if you have time,” Martin says. “If you are planning on buying furniture, measure up the space it is intended for and check you can get it through the front door! Once the hammer

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