This is the preferred way to participate in the auction, where prospective buyers are able to experience the excitement of competitive bidding. By doing so, they are able to determine the level of interest in the piece they wish to purchase, and respond accordingly.
Our saleroom assistants will by delighted to phone you approximately two to three lots prior to the item that you are interested in the allow you to participate int he live auction. This service is extended to clients based in the Philippines bidding lots with a published low estimate of at least Php 10,000, and to clients based overseas bidding for lots at least Php 50,000. Please note that while Salcedo Auctions will endeavor to execute your bids, it cannot be held liable for any failed bids due to technical difficulties or miscommunication.
Also called "silent bids", interested parties may complete the details of the piece and indicate their desired purchase price in the registration form provided. Salcedo Auctions will do its utmost to present your bid at the lowest possible amount. As an added service, absentee bidders may override their offers by placing telephone bids.
Bid forms may be scanned and sent via e-mail: [email protected] or faxed to +632 659 4094 by 6:00 PM on the day prior to the auction.
Bidders are required to complete a bid registration form as well as provide a financial guarantee by the way of cash or check, or by providing their full credit card details, to secure an auction paddle. Additionally, new bidders will be asked to provide one type of government-issued photo identification (i.e. passport, driver's license).
A buyer's premium is applied to the hammer price at the rate of 16.8% inclusive of value-added tax (VAT).
Salcedo Auctions is pleased to provide an an auction estimate for property that it is interested in offering. This service is free of charge. Should you require a written appraisal of fair market value, professional fees apply. Please send an email with a photograph of the object in question to [email protected]
You can also contact us through our telephone line at +632 659 4094 or +632 823 0956 to schedule a visit to our office, where one of our specialists will provide you with expert opinion about the piece you wish to offer, and advise you about the consignment and auction process.