Top Tips for Buying at a Traditional Auction

1. Do your research: Before attending an auction, research the items that will be up for sale and determine their value. This will help you make informed decisions during the bidding process.

2. Set a budget: Decide how much you are willing to spend on the item before the auction begins, and stick to your budget. It can be easy to get caught up in the excitement of the auction, but it's important to remember your financial limits.

3. If attending a public auction then arrive early: Arriving early will give you time to register and inspect the items before the auction begins. You can also get a sense of the auctioneer's style and the atmosphere of the auction.

4. Pay attention to the auctioneer or any addendum items relating to the Lot you are interested in. These will be posted online for online offerings: Listen to the auctioneer's announcements and pay attention to their bidding style. This can give you an idea of how the auction will progress and how much other bidders are willing to pay.

5. Bid confidently: When bidding, be confident and clear with your bids. Use a clear hand gesture or nod to signal your bid, and make sure the auctioneer acknowledges it. If bidding online then you may try tactics such as bidding very early or the opposite at the very end!

6. Be aware of additional costs: In addition to the hammer price, there may be additional costs such as buyer's premium, taxes, or shipping fees. Make sure you are aware of these costs before bidding.

7. Don't be afraid to ask questions: If you have any questions about the item or the auction process, don't hesitate to ask the auctioneer or a staff member.

Remember, buying at a public or online-only auction can be exciting but it's important to be prepared and informed before making any purchases. Good luck!