Full details on all fees can be found here.
At Gildings Auctioneers, the bidding process typically follows a structured pattern of increments to maintain clarity and momentum during the auction. However, it's important to note that the auctioneer has the discretion to adjust these increments based on various factors, such as the pace of bidding, the value of the item, and interest levels from bidders. This flexibility ensures that the auction progresses smoothly and allows for more competitive bidding when necessary.
The typical bidding increments used at Gildings Auctioneers are as follows:
Starting price, up to | Bidding Increments |
---|---|
£100 | £5 |
£200 | £10 |
£500 | £20 |
£1,000 | £50 |
£2,000 | £100 |
£5,000 | £200 or £250 |
£10,000 | £500 |
£20,000 | £1,000 |
£50,000 | £2,000 or £2,500 |
£100,000 | £5,000 |
Above £100,000 | £10,000 or higher |