Frequently Asked Questions
Welcome to our Auction FAQ page – your go-to resource for answers to all your questions about our platform. Whether you're a seasoned bidder or a first-time visitor, this section is designed to provide clarity on various aspects of our auctions. Explore the FAQ to enhance your understanding of the bidding process, registration details, payment procedures, and more. If you have any inquiries not covered here, feel free to reach out to our team.
Happy bidding!
A method of selling where goods are presented to the highest bidder in a public setting.
Master Estate Auctions showcases a diverse range of pieces, including fine art, exquisite jewelry and gems, coins, high-quality prints, luxury vehicles and homes, antiques, reproductions, and more.
Certainly! Master Estate Auctions welcomes the public without the need for invitations or reservations. Our helpful staff is eager to assist first-time buyers, encouraging them to inquire about the auction process.
It's recommended to arrive 60 minutes before the auction starts for complete registration and the opportunity to inspect desired items.
No prior experience is required to participate. A one-hour viewing period precedes the auction, allowing customers to inspect lots and ask questions. Don't hesitate to approach our friendly staff for guidance. There are no silly questions, so relax and enjoy the experience!
When completing a bid card, provide your name, address, telephone number, and proof of identity, such as a passport, state-issued driver's license, or government ID along with a credit card. After registration, you'll receive your bid card.
Simply get the auctioneer's attention to signal your interest. You can raise your bid card, verbally announce your bid, or establish signals with the auctioneer beforehand. A simple "Yes" will also suffice. The auctioneer will make eye contact, seek additional bids, and return to you if necessary.
It's straightforward. Indicate your withdrawal by shaking your head "No" or ceasing to hold up your bid card when the auctioneer makes eye contact.
A proficient auctioneer will be easily understood. The "chant" is a rhythmic sequence of numbers and filler words. At Master Estate Auctions, our auctioneers speak clearly and maintain a steady pace, welcoming questions about lots and current bids.
This form must be completed for those who wish to pay $10,000 or more in cash. The form is mandatory by the Internal Revenue Service (IRS). The IRS requires that all cash transactions of $10,000 or more to be reported.
Cash is all currency, cashier’s check, money order, bank draft, or traveler’s check having a face amount of $10,000 or more.
Certainly, you can pay for your items at any time, either when ready to leave or at the auction's end. Refer to the Payment and Delivery tab for more details.
As soon as you purchase an item at the auction you assume responsibility for it. All purchased merchandise must be removed from the auction site on the day of the auction. If, however, you need assistance moving your large items, you may need to book a moving service. In special circumstances, we will offer a delivery service for a fee; please see the Payment and Delivery tab for more information.