SAFFRONART'S
24-HOUR ABSOLUTE EDITIONS AUCTION
JULY 25-26, 2012

ABOUT THE ABSOLUTE AUCTION

NO RESERVES

An Absolute Auction has no reserve prices, and each lot is won by the highest bidder at the time of closing

While all of the lots have estimates listed, initial online bids on each lot will be accepted at US$ 100 (INR 5,400)

Bidders may also choose to send in their bids prior to the start of the auction, using our Written Bid Form listing their proxy bid/s of a maximum value (these may even be below the initial online bid amount). More about proxy/automatic bidding

OTHER NEW FEATURES

SHORTER CLOSINGS

Our bid closing schedule has also been revised. Now, our lot groups will close every 20 minutes instead of 30. See the Bid Closing Schedule for more information

NEW COUNTDOWN
EXTENSIONS

If a bid is received in the last two minutes of bidding, the countdown clock on the lot will be reset to two minutes


Learn more about these changes in our Conditions of Sale