PH auction house makes European art accessible

of thinking they would love for their buyers and bidders to have towards a piece.

“When bidding for a piece that you like, it should Auctions offer pieces in as-is condition so it is best to save the gallery preview date (these typically start two weeks before the auction) and see the actual items. Live bidding is definitely the most exciting way to participate at auctions but if a bidder really needs to be somewhere else that day, there are telephone and absentee bid options available where a staff member of the auction house will execute the bids on the customer's behalf. Signing up early allows one to skip queues on the day itself and frees up some time to grab the best seats in the house. Who would want to be left standing at the back, hidden from view, jumping up and down to get the auctioneer’s attention? There are pre-set bidding increments that are announced at the beginning of the auction to ensure that the process is seamless. Make sure to listen carefully to know how much a bidder is committing to when he or she is raising the paddle. For example, while bids go up by P2,000 within the P10,000 to P30,000 range, once the bidding hit the P30,000 mark, they go up in larger increments, followed by P5,000 at the P50,000-P100,000 range, then P10,000 above P100,000, and so on. While scoping out the competition by watching bids get placed before raising a paddle can be strategic, remember that once the auctioneer strikes the gavel the piece is sold so don’t wait too long before putting in a bid.

Now, if you’re the successful bidder – congratulations! – but don’t forget to settle your account within the auction house’s prescribed period so that you can take your prized acquisition home with you sooner to enjoy! Happy bidding!