CORONAVIRUS COVID-19 UPDATE
Following ongoing Government instruction, please be advised that, whilst our offices are closed to the public until further notice, we are now operational for all business from our premises. Due to social distancing measures, until further notice our live auction events will now be held online.
We continue to monitor both Government and health advice and will provide updates online accordingly.
Entries invited for our next Online Auction which is to be held on Thursday 27th May 2021 at 12pm. Our full Auction catalogue will be available from Thursday 20th May 2021.
Guide Price: An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional range is agreed between the seller and auctioneer at the start of marketing. As the reserve is not fixed at this stage it can be adjusted by the seller at any time up to the day of the auction in light of the interest shown during the time that the guide price has been issued. The guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price: The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the reserve and the guide price can be subject to change up to and including the day of the auction.