Buying at V&P Auctioneers
A step-by-step guide to purchasing luxury watches, jewellery, and antiques.
At V&P Auctioneers, we aim to make the buying process simple, transparent, and straightforward. Below is a guide to taking part in our auctions.
1. Register to Bid
Before participating in an auction, you must register for an account. This simply requires filling in your details so you can place bids during the sale.
2. Ways to Bid
There are several ways to bid during our live auctions:
- Online Bidding: You can bid live through our online auction platform during the sale.
- Telephone Bidding: You may also bid by telephone. Simply call during the auction when the lot you are interested in is being offered.
3. Reserve Prices
Some lots are sold with a reserve price, which is the confidential minimum amount the seller is willing to accept. If bidding does not reach the reserve, the item will remain unsold.
4. After the Auction & Timed Sales
If a lot remains unsold, you may contact us after the sale to enquire about purchasing. Unsold lots may also be placed into a timed auction, allowing bidders to place bids online for a fixed period.
5. Buyer’s Premium
A buyer’s premium of 20% is added to the hammer price of each lot. For example, if the hammer price is £100, the total before any additional charges will be £120.
6. Payment, Shipping & Collection
Successful bidders will receive an invoice after the auction. Payment must be completed within the stated timeframe via bank transfer or major cards. Shipping must be arranged by the buyer, or you may organise collection from our Epsom store.