Absentee Bidding: An absentee bid, can also be described as a “blind” bid. When leaving an absentee bid on iCollector, or directly with Profiles in History you are providing the maximum amount you wish to spend on a particular lot. Once you place an absentee bid, there is no further action that needs to be taken. On the official auction day, the internet (iCollector) or our Auctioneer, will then bid on your behalf up to and not exceeding your maximum bid. In a situation where the bidding continues, past the amount you have placed, you will not be notified, nor will you be charged. If a lot sells for an amount less than you maximum bid then you will receive a notification from Invaluable that you are the winning bidder, and can expect to receive an invoice from Profiles in History.
For Example: Rachel leaves a maximum absentee bid of $300.00 USD for Lot “X”. Come auction date, while Rachel is at piano practice, Lot “X” sells for $200.00 USD. Rachel checks her iPhone after piano practice and see’s she has an email from iCollector stating she won Lot “X”. Rachel will be invoiced by Profiles in History for only $200.00 USD (excluding BP, tax & shipping) even though she was willing to spend $300.00 USD for her favorite costume.
Make Note: iCollector will not accept any absentee bids placed 2 hours prior to the start of the auction.
Live Bidding: Live bidding requires you to be online, at the time of the auction (online bidders), have access to a telephone and be ready to communicate with your assigned Auction Associate (telephone bidders) or to be physically present at the auction site (floor bidders). When placing live bids, you have to be logged into your account on iCollector. When your desired lot hits the auction block, that is when you will manually “bid” in real time against other online bidders. When you live bid, you are notified of every bid that is being placed, both yours and other online bidders. You will also see activity from our Auction Associates whom are monitoring and managing the sale. Telephone bidders will be contacted 2-5 minutes before their desired lot hits the block by an Auction Associate present on the auction floor who will bid on their behalf.
Still have questions about Absentee & Live Bidding? Give us a call at (310) 859-7701!