Buying
How to Bid
Registration
To bid, you must complete a registration form. For first-time bidders, you must show proof of identification, with a current address in the form of a driver’s licence or utility bill. We do this as part of our due diligence.
You can register at any time over viewing or auction days. Once a registration form has been completed and submitted to our offices, you are issued with a bidding number. There is no cost involved with registration.
Alternatively, you can register for online bidding on our website.
Successful Bids
If you bid successfully for an item in the room, the auctioneer will ask to see this number and that item will be recorded against your profile. It is important to remember that there is a 24% buyer’s premium on top of the hammer price (ie. 24% more than what you bid) + GST (total 26.40% including GST).
Online bidders through Invaluable incur an extra 5% service fee per lot (29% + GST).
(subject to change)
Payment
Payment can be made almost immediately after bidding for an item.
We currently accept:
Cash
Cheques
Bank Transfers
EFTPOS
Credit Card (Visa or Mastercard only)
Credit card transactions & international bank transfers incur a fee:
VISA = 1.47%
MasterCard = 1.35%
International bank transfers $25AUD (to be added to your invoice amount)
All online transfers must use the following account – Vickers & Hoad Client Trust Account – BSB 082 356 / Number 55001 3359 / Transfer description – bidder’s last name
For international bidders – Swift NAT AAU 3302S
Once payment is received you will be issued an invoice and a collection sheet.
Collecting Your Items
Items can be collected at any time after payment has been made, given that a staff member is available and the delivery does not interfere with the running of the auction. Payment and collection must be made within three days following the auction. Storage fees apply after this time.
We will assist with moving, packing and materials WHEN AVAILABLE but it is recommended that you arrange your own.
We can provide the contact details of some Suggested Carriers if required.
Absentee, Phone and Online Bidding
If you can’t be present but would still like to bid, you can place an absentee bid, register for phone bidding or use our online bidding system.
You will be eligible for phone bidding on lots with a low-end estimate of $200 or more. You must provide contact details including identification, the item number/s and descriptions. When the auctioneer is approaching the particular lot number, a staff member will phone and you can instruct them to bid on your behalf. The deadline for registering for phone bids is 30 minutes before the commencement of the auction. They will not be accepted after this time.
If you don’t wish to bid over the phone, or if you are not eligible for phone bidding, you can submit an ‘Absentee Bid’ form. Again, you must provide contact details, lot numbers and descriptions. In addition, you must nominate an amount indicating the maximum price you’re prepared to pay for the item.
The auctioneer will start the bidding low and bid on your behalf until the price has reached your nominated amount. If bidding doesn’t reach this amount, you win the item for the price at which the bidding ceased.
You can place an absentee bid at any time, as long as you allow enough time for the form to be recorded and relayed to the auctioneer, approx 50 lots.
If successful, you will receive an invoice at the conclusion of the auction. You can call earlier if you desire however we cannot guarantee the results will be available.
Online Bidding
Online bidding is also available on our website.