Merces Gallery online auctions are accompanied by http://WWW.LIVEAUCTIONEERS.COM and http://WWW.INVALUABLE.COM featuring descriptions and illustrations of the lots offered. New Users will need an online account to register and bid in online auctions. Once all lots in the online auction are closed, you will receive an email or a text message confirming whether your bids are successful or not.
A premium of 25% will apply to all property sold online, to be paid by bidder as part of the purchase price. By bidding at the auctions, whether in person, through an agent, by absentee bid, telephone, online or others means, bidders agree to be bound by all terms and conditions.
ONLINE ABSENTEE BIDDING
Bidder can input the maximum amount you are willing to pay for the particular lot. Once the auction starts, we then “process” all the absentee bids and calculate the winning absentee bid. This is the second highest bid plus one bid increment. This winning absentee bid value will then be communicated to the auctioneer.
All phone bids are handled as a courtesy to our customers and are subject to all Terms and Conditions of sale. Merces Gallery is not responsible for failure or other errors relating to the execution of your bids. All phone bidders must present primary ID or passport, and a valid credit card. A refundable security deposit of $500 is required for all phone bidders.
$0 -$250 by$25
$1,000 – $2,000 by$100
$2,000 -$5,000 by$250
$5,000 -$10,000 by$500
$10,000 – $20,000 by $1,000
$20,000 – $50,000 by$2,500
> $50,000 at auctioneer’s discretion
A premium of 25% will apply to the hammer price, to be paid by bidder as part of the purchase price. There is a 3% discount for purchase over $100,000.
Looking to place a bid?
You can always submit an absentee bid or any request by email. One of our specialists will be more than happy to assist you.CONTACT US