BIDDER REGISTRATION AND CONDITIONS OF SALE
BIDDING AGREEMENT ABSENTEE AND TELEPHONE
Nye & Company accepts antiques and collectibles from consignors all over the country. These goods are photographed, their condition evaluated, and a pre-sale estimate determined by Nye & Companyspecialists. Along with a photograph and a description, the pre-sale estimate is listed in the catalog. A customer from anywhere in the world can then peruse the printed or online catalog and select a lot or lots for bidding.
Before each auction, Nye & Company hosts previews, or exhibitions, of the items to be auctioned. The previews are free of charge and open to the public. Knowledgeable auction house staff are available to answer questions about the lots. Antiques and collectibles, whose age and character lend them value, are sold "as is," so please look carefully and ask questions before you bid.
There are four ways to bid on an item, in person, by phone, by absentee bid, or on the Internet
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Bidding rises in specified increments. Items thought to be worth $500 or more are accompanied by a pre-sale estimate. Bidding generally rises by about ten percent with each bid. The following chart shows the bidding increments for several price ranges.
|Bidding Increments||Estimate Price Range|
|$25||$100 - $500|
|$50||$500 - $1000|
|$100||$1000 - $2000|
|$250||$2000 - $5000|
|$500||$5000 - $10,000|
Winning bidders can pay for items by cash, check and credit card, wire transfer, or paypal. The final price of a lot includes applicable New Jersey Sales Tax and a "buyer's premium," an 18% fee added to the hammer price.
Dawson & Nye experts are eager to share their knowledge and their enthusiasm for auction-buying, as well as to answer questions about specific items in the catalog, the bidding process, or making shipping arrangements. Contact us today.