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A form used for placing absentee bids at the Chongyuan (Shanghai) Art Auction Co., Ltd.
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How to fill out absentee bids form
How to fill out Absentee Bids Form
01
Obtain the Absentee Bids Form from the auction house or their website.
02
Fill in your personal details, including your name, address, and contact information.
03
Clearly specify the item(s) you wish to bid on, including lot numbers and descriptions.
04
Indicate your maximum bid amount for each item, ensuring it is within the auction's bidding increments.
05
Review the auction house's terms and conditions regarding absentee bidding.
06
Sign and date the form to confirm your bid.
07
Submit the completed form to the auction house before the specified deadline.
Who needs Absentee Bids Form?
01
Individuals who cannot attend an auction in person but still wish to participate in the bidding process.
02
Collectors or buyers who have prior commitments or geographical constraints.
03
Anyone looking to secure an item at auction without being physically present.
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People Also Ask about
What is the 15 minute rule in bidding?
In the last 15 minutes of bidding, if anyone placed an upset bid, the bidding started on again with another 15 minutes of bidding, this gave both (or anyone) the opportunity to have another bid.
How do absentee bids work?
Absentee bidding allows you to participate in an auction without needing to be physically or virtually present. When you place an absentee bid, you set your maximum bid in advance, and then the auction house (in this case, Thomaston Place) bids on your behalf during the live auction.
How long do you have to pay a bid after you win it?
Buyers must pay for the items they purchase on eBay within 4 calendar days. If the buyer doesn't pay within this timeframe, the seller can cancel the order and an unpaid cancellation will be recorded on the buyer's account.
What is the difference between an autobid and an absentee bid?
The Autobid feature is the same as the absentee bid in a Live Auction. With the Autobid, you can submit your maximum bid and then the computer will bid on your behalf against other bidders until either the auction is over or your maximum is exceeded.
What is the difference between an absentee bid and an Autobid?
The Autobid feature is the same as the absentee bid in a Live Auction. With the Autobid, you can submit your maximum bid and then the computer will bid on your behalf against other bidders until either the auction is over or your maximum is exceeded.
How does an absentee bid work?
Absentee bidding allows you to participate in an auction without needing to be physically or virtually present. When you place an absentee bid, you set your maximum bid in advance, and then the auction house (in this case, Thomaston Place) bids on your behalf during the live auction.
What is the English bid process?
Typically, an English auction begins with an inspection period for potential bidders, followed by the auctioneer introducing items for sale and setting a starting bid. As the auction progresses, bidders can place higher bids, with the auctioneer facilitating the process until only one bidder remains.
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What is Absentee Bids Form?
The Absentee Bids Form is a document used by individuals who cannot be present at an auction but still wish to participate by submitting their bids in advance.
Who is required to file Absentee Bids Form?
Bidders who are unable to attend the auction in person and wish to place bids on items are required to file the Absentee Bids Form.
How to fill out Absentee Bids Form?
To fill out the Absentee Bids Form, bidders should provide their personal information, specify the items they wish to bid on, and indicate their maximum bid amounts for each item.
What is the purpose of Absentee Bids Form?
The purpose of the Absentee Bids Form is to allow individuals to participate in an auction remotely, ensuring they can still place bids even when they cannot attend in person.
What information must be reported on Absentee Bids Form?
The information that must be reported on the Absentee Bids Form includes the bidder's name, contact details, item numbers, descriptions of items, and their corresponding bid amounts.
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