Information for Sellers
Bid & Hammer is keen to make the entire auction process as friendly and enjoyable as
possible both to newcomers and old hands of the auction world. Below you will find a
simple guide to the entire process from beginning to end.
Consigning item/s at B&H’s Auctions
Selling at auction is simple provided you follow the guidelines below. It is recognized
as the best way to achieve the best possible open market prices and the process is
secure. Please note that B&H acts solely as agent on your behalf.
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1. An initial contact is made by the Seller with B&H expressing an interest in
selling.
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2. The Seller either brings the work directly to B&H or forwards good
photographs for review. This should also include all available description,
artist/manufacturer’s name, subject, size, medium and any background/history or
provenance relevant to the item/s including purchase receipts/invoice or details of past
owner/s.
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3. B&H will carry out an initial assessment as soon as possible but certainly within
14 days (if the items falls in the category of any of its upcoming auctions) and report
back to the owner. B&H and the owner take a joint decision at this stage as to the
viability of auction as the best means of sale for the particular item/s.
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4.Following acceptance of the item/s for sale (which may again be dependant on
the physical inspection), the terms of business with sellers and consignors is drawn up
and the consignment sent to B&H.
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5. Once received by B&H, the consignment is fully researched to establish final
values.
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6.At this stage, the final reserve prices and estimated prices are agreed along
with the sale in which the item/s will be included.
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7.The item/s are then professionally photographed and catalogued and included
as appropriate in the designated sale.
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8.Upon successful sale of the item/s, as per the terms of business with sellers
and consignors, the Seller will be paid in full, less B&H’s commission and any other
handling charges, upon receipt of funds from the Buyer.