BIDDING IN PERSON
To place your bid, simply show the auctioneer your participation number. This allows the auctioneer not to mistake a random gesture for an actual bid.
The bidding increments are decided by the auctioneer and usually never exceed 10% of the previous bid.
The auctioneer will take increasing bids on each lot, until only one bidder remains. The final bidder purchases the lot.
The ‘hammer price’ is the highest bid at which the lot is purchased. A commission of 24% inclusive of VAT is added to the ‘hammer price’.
Each lot has a reserve price, agreed upon by Della Rocca and the Seller before the auction, which corresponds to the minimum selling price below which the lot cannot be sold.
The reserve price is confidential and is defended by the auctioneer through adequate bids. If the bidding does not reach the reserve price during the auction, the lot remains unsold.
It is possible to participate in an auction by means of a written bid.
In this case the buyer must fill in and sign the written bid form authorizing Della Rocca to purchase the lot/s he is interested in. The buyer must indicate the lot/s upon which he wishes to
bid and the maximum bid amount he is willing to make. Della Rocca will try to purchase at the minimum possible price, considering the reserve price and the competing bids.
A commission of 24% inclusive of VAT is added to the winning bid. Della Rocca does not accept written bid forms for unlimited bid amounts.
In the event of identical bids, the lot will be assigned to the client whose bid was received earliest.
You can find a written bid form at the back of each catalogue and as download on our website.
The form should be returned to our office by email, by fax, by post or in person at Della Rocca by the day prior the auction.
After the auction, Della Rocca will inform successful ‘absentee’ bidders by email or by telephone.
It is possible to participate in an auction by means of telephone bids. To do so the buyer has to fill in and sign a written bid form (indicating the lots he is interested in), returning it by email, by fax, by post or in person at Della Rocca by the day prior the auction.
A Della Rocca’s representative will contact the buyer prior to the specified lots, thus enabling him to take part in the auction and place bids as if he actually were in the saleroom.
The buyer can indicate on the form the maximum bid amount he is willing to make on the lot he is interested in, so that, should there be any problems with the telephone lines, the Della Rocca’s representative will be able to defend the buyer’s bid.
Telephone bidding is an additional service free of charge that Della Rocca offers its clients; Della Rocca cannot accept liability for failure to place such bids.
Telephone bidding cannot be fully guaranteed as telephone lines may be cut off or engaged. Della Rocca cannot accept telephone bids on lots of value inferior to EUR 500,00.
It is possible to participate in an auction by means of online bids. Some selected auctions are present on LiveAuctioneers’ site and on Invaluable’s site for our customers to have the
opportunity to buy lots online and in real time. To place a bid you must be registered with LiveAuctioneers and be approved by Della Rocca Auction House for online