methods of making bids will be employed during the course of the auction.
The type of bid applying to each particular lot as it comes up, will be
announced beforehand by the auctioneer. The types of bidding will be as
auctioneer will begin bidding at a reserve price as published in the
catalogue. The auctioneer will raise the bidding according to the
auction rules. The hammer will come down following the highest offer
made by a bidder using an appropriate numbered card.
bidding will be performed where stated in the catalogue.
The auctioneer will commence bidding at the stated starting price
and will step down the price according to the auction rules. At any
point a bid may be made by anyone with an appropriate numbered card. If
the reserve price is reached, bidding will commence
upwards. In as much as a bid is not bettered, that bidder will have
bought that specific lot.
the course of bidding on a particular lot, the final bid must exceed the
reserve price as agreed by the seller and OTP. This reserve price will
not have been published in the catalogue.