As a service to our customers, Maurer's Auction will offer an interactive absentee bid process in which the high bidder is bidding for right to be represen at the actual Live Auction. The Bids will be brought forward on the actual Auction date and be execu under the following Terms and conditions.
Effective September 18, 1999
1.) How we
execute absentee bids:
Maurer's Auction will execute all absentee bids against attending bidders and attempt to purchase items at the lowest possible price up to the amount bid by the absentee bidder, i.e. if an absentee bid of $1000 is made on an item and the highest bid on the floor is $600, the auctioneer will execute the absentee bid at the next increment, (Example $25) in effect at that point in the auction and the lot will be sold to the absentee bidder for $625.
In the event of tie bids between the absentee bidder and those in attendance, preference will be given to the attending bidder.
Absentee bidding is a service we provide, and we will make every effort to execute bids competitively, however, Maurer's Auction does not accept any responsibility for bids not execu for any reason. If an item is discovered to vary significantly in condition from the catalog description, we will make every effort to contact the absentee bidder to provide an opportunity to adjust the bid. Should we be unsuccessful in doing so we will not execute the bid.
2.) How to
bid absentee:
- Read the Terms of Sale
- Register to receive an Authorized Bidder I.D. number. Upon approval, you will receive you Bidder I.D. via E-Mail. Your Bidder I.D. will be used on the absentee bid form. Please call (610-323-1573) between 9:00am and 2:00pm EST., Monday thru Friday to establish a payment method. If you are a member of TCA, we will accept your personal check. If you wish to pay by credit card, you must provide us with a Valid Mastercard / VISA including the expiration date, at least five days prior to the Sale.
- Select "Auction Catalogs" from our Home Page to choose the appropriate Catalog for the Date of Sale you wish to enter Bids. The catalog will offer a description, and in many cases a photograph of the items for sale, notice that only the highligh items will be offered for absentee bidding. When an item is highligh without a photo you may assume that the condition is one of the following: Excellent, Like New or Rare. You may call 610-495-5504 on the day before the scheduled auction for a detailed description of the item.
- Select "highligh item (number#)" to view the item, then return to the catalog. If you choose to place a bid on that item, select the "highligh description field" and the item will automatically be pos on your Electronic Bid Sheet. Be sure to fill out the form completely and enter the highest amount that you wish to bid in the AMOUNT column. Print a copy of your Bid for your records. Return to the catalog to post your next Bid.
You may use our BID VIEW feature to track you current bids. This will show all items that you have bids for and identify those in which your bid is still high.
Based on this information you may wish to enter the catalog and re-bid your items.
- Be sure to review the Absentee Bid Form to insure that you have included Bidder I.D.; Payment Method; and the highest Bid Prices you wish to offer.
- After completing the Absentee Bid Form select "SUBMIT" to electronically register your Bids.
All absentee bids must be electronically
received by 9:00pm E.S.T. prior to day of sale.
3.) How much
should I bid?
Only you can answer this, the real question is, how important is it for you to own this item? We suggest bidding your maximum so that if the item sells for a higher price, you know it went for more than you were willing to pay. Your bids will be execu competitively and in complete confidentiality. You should plan on a minimum opening bid of $10.00 and a bid increment of $5.00.
4.) Condition
The High-ligh items offered for absentee bidding are selec to meet one or more of the following grades. Excellent, Like-New, or Rare. You may also call (610-495-5504) on Day Prior to auction for a more detailed description of the items.
5.)
Notification of Successful bids:
With our recent interactive bid process, you will receive on-screen feedback of your bid status, as well as E-Mail notification of your successful bid. You will also recieve E-Mail notification if you are outbid by another bidder.
This process continues unitl 9:00p.m. Eastern time Friday night before the Saturday sale.
Upon completion of the Live auction, only the "Winning" bidders will be notified, via E-Mail, of the following information.
- Sale date
- Lot#
- Amount (including Buyer's Premium and PA sales tax if applicable)
- Payment terms
- Shipping
If further information is required, concerning items offered in our Toy Train Auctions, you may call (610-495-5504) from 1:00p.m. until 9:00p.m. on the day prior to the Auction or attend our scheduled auction preview between the hours of 7:00pm and 9:00pm E.S.T. on the day prior to the sale. We are loca at the Ridge Fire Co. near Phoenixville PA.
You may also attend our Day of Sale preview 8:00am to 10:00am EST. prior to sale time. |