A Simple guide for Buyers
A live auction, also known as a hammer auction, follows the traditional auction format.
The auctioneer offers each lot individually on the auction day, typically starting from 10 am.
When a lot of your interest is presented by the auctioneer, you can place a bid. The lot is sold to the highest bidder once no more bids are received.
Live auctions typically maintain a pace of 60-80 lots per hour, with a break from 1 pm to 2 pm.
Example schedule:
Auction starts at 10 am
11 am: ca. Lot 60-80
12 pm: ca. Lot 120-160
1 pm: ca. 180-240
1 – 2 pm: Lunch break
3 pm: ca. 240-320
4 pm: ca. 300-400
5 pm: ca. 360-480
6 pm: ca. 420-560
A timed auction runs for a predetermined period. At the closing time, lots start closing independently at one-minute intervals.
Throughout the auction, you can place bids at any time. If a bid is received within 3 minutes of the closing time, the bidding time is extended by 3 minutes to ensure fair competition among all bidders. The bidding time for a lot can be extended multiple times.
Timed auctions offer the convenience of bidding at your own pace while providing ample time to make decisions.
You can modify your placed bids at any time by visiting ‘My Account’ – ‘My Bids.’
Within 2 hours before the first lot of the sale closes, bids can no longer be retracted or reduced.
Example: Auction closing time 10 am
Lot 1 will close at 10.00 am (bids made after 9.55 am will extend bidding until 10.05 am)
Lot 2 will close at 10.01 am (bids made after 9.56 am will extend bidding until 10.06 am)
Lot 3 will close at 10.02 am (bids made after 9.57 am will extend bidding until 10.07 am)
…
Yes, you can!
All our auctions are broadcasted directly on our website, allowing you to watch the action unfold in real-time.
To stream the auction without registering, simply click on ‘Bid Now’ located at the top right of our website and then click the red button labeled ‘Happening Now.’
If you wish to place bids during the auction, you must register in advance.
Please ensure you complete the registration process at least 48 hours prior to the first auction day.
To bid live online at Carlo Bonte Auctions, simply follow these steps:
Our team manually handles the approval process, and you’ll typically receive a response within 24 hours.
Once approved, you can return to carlobonte.be on the auction day to watch and bid live during the event.
Keep in mind that you must register for each auction you want to participate in.
With a ‘Carlo Bonte Auctions’ account, you can bid live during any of our sales, place absentee bids, or request a telephone line for bidding.
To register for absentee or telephone bidding at Carlo Bonte Auctions, you have the following option:
Upon receiving your bids, our team will register you for the auction, and you’ll receive a confirmation email once this is complete.
Please allow up to 48 hours for processing.
For new clients, be aware that we may require additional identification documents to complete your registration. We will notify you via email about any required documents.
If you have any questions or need assistance, please contact us directly at [email protected] or (+32) 50 33 23 55.
Consider the following bidding methods to determine the best option for you:
Online Bidding (recommended): Bid live online during the auction from your desktop, laptop, tablet, or mobile device. This method allows you to participate in real-time from anywhere in the world and gives you full control over your bids without having to reveal or determine them before the sale. When using a desktop or laptop, you can also watch the live stream directly from the auction room.
Absentee Bids: Place your maximum bids in advance, and the auction house will attempt to secure the item for you at the lowest possible price. This is an excellent option for those who are unavailable on the auction date.
Telephone Bids: We will call you a few minutes before your lot comes up, and our telephone clerks will act as a liaison, placing bids on your behalf.
Yes, you will receive a confirmation for your bids:
Online Bidding: You can view all your bids under ‘My Account’ -> ‘My Bids‘ when participating in online bidding.
Absentee and Telephone Bidding: For absentee bids and telephone bid requests, our team will manually process your results and send you a confirmation. Please allow up to 48 hours for processing.
All winning bidders will receive an invoice via email within 48 hours after the sale. If you don’t receive it, make sure to check your spam folder as well.
To determine when your lot will come up for auction, follow these guidelines:
Auction Start Time: Auctions typically start at 10 am local time, beginning with lot 1. For multi-day auctions, refer to the auction description to find out which lots will be sold on subsequent days.
Lunch Break: A break is usually held between 1 pm and 2 pm local time.
Auction Pace: The expected pace of the auction is between 50-70 lots per hour. However, this may vary depending on the number of bids received during the sale.