Entering the world of auctions
THE BROWN leather flight jacket of Hollywood legend Clark Gable, worn during his service in the US Army Air Corps, was sold on auction for $14 350 (about R202 000) by online auction company Nate D Sanders.
Gable enlisted in the US army in 1942, serving in the 8th Air Force as an aerial gunner and instructor during World War ll. – Auctions Writer IF YOU are nervous about buying on auction for the first time, here are a few hints from the experts.
If possible, attend an auction or two beforehand, so you can experience what goes on and get a feel for the process when you are not a buyer. The unknown can create anxiety, so by attending a few auctions as a spectator you will have removed much of it.
You will need formal identification to register to bid.
Following registration, you will receive a bidder's number which must be clearly displayed when making a bid.
Position yourself so you have a good view of the other bidders and where you will be seen and heard by the auctioneer. Bidding can be made by calling out, raising the hand or any other method you choose, but these bids must be clear to the auctioneer.
Auctions can be exciting, but sometimes daunting. Stay calm; make clear and decisive bids based on your projected budget. Being overwhelmed by the process can lead to over-extending your budget. Don’t be distracted or intimidated by other bidders.
(Source: www.street.net.au). – Auctions Writer