Guide to Successful Bidding with
Contact us ©County
Philatelic Auctions 2017
Losing by one bid step can be very disappointing.
Bid that little bit more - bidding more does not automatically
mean paying more. With County you can bid £20 on a £10 lot
yet still get it at £10. However, we recommend you do not bid too much
in case another bidder also puts in a high bid to make sure he gets the item
Bid early - If we get 2 equal bids on a lot, the first one
Bid on many lots - The more lots you bid on, the greater your
chance of success.
To keep within a budget, you can specify a total limit
(excluding postage). We simply stop buying for you when you reach your
limit. If requested we attempt to allocate your limit to lots in the order
you listed your bids.
Use our '+' option
placed by a bid, increases it by one step
(++ means 2 steps). We use this option only if you would
otherwise not get the item.
- Example: If we get two bids at £10 and
£10+, the + is used and the second bid is increased by one bid
step to £11 to beat the £10 bid received earlier.
If these same bids are received in the reverse order, £10+ &
£10 the first wins at £10, + not used this time as the
first £10 wins anyway.
Bid at realistic levels - we
estimate at the price we expect the lot to fetch. Over the last year
the sum of all our realised prices and the sum of the corresponding estimates
agreed within 2%. While individual lots may sell for more or less than
our estimate, it indicates that overall we are estimating accurately
Some auction companies have a different
pricing policy. Some might estimate a lot at £120 and then sell
it at £80. With the County pricing structure we would probably
estimate that same lot at around £85- £90 but still not
expect to sell it below £80. Consequently bids much below our
estimate are not accepted (indeed, except the clearance section or double
dagger lots, the computer automatically rejects bids less than 90% of the
estimated price – bids below that waste our time and yours).
Other auction houses may estimate very low
with the intention of attracting bidders to their sale room. A low
estimate does not mean a low result. A while ago, a public auction
advertised a mint PUC £1 estimated at £80. They got many
bidders to the saleroom but it still fetched over £350. In
County we would simply have estimated it at £350 in the first
NO buyer's premium – please allow for it
– many auction houses charge a buyer's premium and
an £80 hammer price has 15%+VAT or more added. On top
of that there may be postage, packing, VAT, insurance or other charges which
could bring the final amount to well over
£100. The County
equivalent price is £80 + postage = £80.65 (for a
small lot and UK 1st class postage). This means you can bid
20%-25% more with County than in many other auctions and still pay less.
With County you can bid with confidence. All lots are
Right Material - Right
price - Write now - Right!