Guide to Successful Bidding with County
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 too.
- Bid early - If we get 2 equal bids on a lot, the first
one received wins.
- 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 A
'+' placed by a bid, increases it by one
step (5-10%) (++ 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
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 place.
- NO buyer's premium – please allow for it
– many auction houses charge a buyer's premium and an £80 hammer
price has 15% or more +VAT 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 = £80.85 (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
With County you can bid with confidence. All
lots are guaranteed.
- Right price - Write now - Right!
Home Contact us
©County Philatelic Auctions 2017