Maximum Bid/ Pre Bid
Before the live auction we offer you to place your max bid
Instead of incrementally bid in a live auction, you can use the maximum bid feature, which represents the absolute highest price you are willing to pay for a lot.
You should determine beforehand the most you are willing to pay for an item and our system will act as a proxy bidder in your absence during live auction, automatically placing incremental bids on your behalf, beginning at the lowest increment, and without going higher than your maximum bid.
If you get outbid by another client you’ll be notified via email or push notifications so you could increase your bid.
If two different bidders enter the same maximum bid, we will prioritize the bid which was entered first.
Maximum bid does not determine the sum you will pay - just the limit of what you are ready to pay.
This solution is good if:
- You can not participate in live auction
- You want to protect yourself from issues in case internet connection drops during live
During the live auction you can place real-time bids for the open lot
You can participate in auction online, in the room, by telephone or placing a max bid in advance.
Live bids are accepted only for open lot from the moment it opens and until it is closed (sold or passed) by the auctioneer. The open lot is marked "LIVE" at the right menu of the live auction.
Live auction link is available at the auction page within 1 hour before the auction start. You will be notified as soon as it appears on the auction page.
To place a live bid - simply click the active button at the open lot page. The button will stop being active while your bid is the highest, so, you can't overbid yourself.
You can change your max bid for the lots that haven't opened yet during the live auction
To change your max bid during live - select the lot at the right menu and confirm your new max bid. You can navigate through lots any time during the live auction.
Fixed Price or Buy-It-Now Sale Format
Traditional Ineichen’s auctions have always been based on a variable pricing format, but recently our community of collectors and watch enthusiasts indicated a strong desire to buy some watches at a set price. As a result, we have decided to introduce a new Fixed Price selling format, also known as a buy-it-now option. This feature allows our clients a convenient option to buy a desired watch directly without bidding.
The new Fixed Price format allows a bidder to immediately stop an ongoing auction and purchase the item at a fixed price, posted by Ineichen. The new Fixed Price format provides an easy way for our clients to purchase items instantly, at the same time traditional auction-style bidding will remain an important part of buying watches from Ineichen Auctioneers.
How It Works:
Once you have clicked the “Buy It Now” button, the function remains blocked for 5 days allowing you to proceed with the payment. After you provide us with the proof of payment, the lot will be flagged as sold. If you do not provide the proof of payment within 5 days, your order will be automatically cancelled and the “Buy It Now” function becomes available to all clients again. In case someone offers a higher bid for this lot, your order will be cancelled automatically.
The Fixed Price option remains available until the bidding reaches the fixed price amount. Once it happens – the option is automatically deactivated.
In case a lot is purchased at a fixed before the auction starts, it becomes unavailable for bidding during the live auction.
For timed auctions, the Fixed Price option closes 24 hours before the scheduled end of the auction, for live auctions – 24 hours before the live bidding opens.
For assistance with registration & bidding
Phone: +41 44 298 11 44
Please contact Ineichen’s specialists if you need any assistance with registration and bidding