“How can I see the current standings and how my bids are doing?”

This is the beauty of iCollector. For every lot you can see EXACTLY where the bid stands and who is the high bidder, except that the names are all “secret” handles either created by the bidders or created randomly by iCollector. If you are not sure what you handle is, please email us and we will let you know. Or if iCollector is somehow inaccessible for you, please call us and we will read the standings to you. In order to bid or check the current standings, please go to www.iCollector.com/sedwick 

“Can you take ‘either/or’ and budget bids?”

Yes and no. Since this is a live auction, we cannot go backwards and put you in for lot 10 if you lose your first choice of lot 20, for example. On a limited basis we can handle “either/or” bids in sequence (if lot 10 is your first choice and lot 20 is a backup), but better is to check the progress of the lots yourself on iCollector and bid accordingly. While you cannot take back a bid, at least you can see when you have been outbid and should go for a later lot instead. NOTE: There is a $5000 minimum for “total budget” and “either/or” bids, the latter also subject to a $100/lot minimum bid. 

“How do you handle bid reduction?”

Bids on iCollector are handled by proxy and reduced automatically. If you give us a maximum of $500, for example, and the minimum bid is $100 and there are no other bids, you will win it for $100, simple as that. There is no need to raise and re-raise when all you have to do is put in your top bid from the beginning. Also, no one will be able to see your top bid until it is reach. 

“What happens if there is a tie?”

Very simple: The tie goes to the earlier bidder. This is only logical, for if iCollector is showing a bid for your maximum already, you canot even enter that bid. But very often the earlier bidder’s maximum has not been reached yet (see bid reduction above) and your bid will enter the system but the earlier bidder will win for the same amount you placed. Of course if you have an unlimited budget you can just go higher, but most people have a limit. So if you suspect your bid is not on the high side, get it in the system as early as possible. Don’t lose the lot on a tie! 

“How can I bid by phone during the live auction?”

First, you have to reserve a spot in advance, as our calling staff is limited. When you reserve, you need to indicate which lots you want to bid on. Then, on the day of the live auction, our representative will call you a few lots before your lots come up. For each lot, we will tell you what the current asking bid is and you can say yes or no until the lot is closed. NOTE: This service is free but available only for bids of $500 or more per lot. 

“What do you suggest to increase my chances of winning?”

 In every auction there are heavily contested lots, but there are also always many lots that get overlooked and end up selling very inexpensively. The good thing about iCollector is that you can easily see which lots do not already have bids, and these are the lots to look for it you want great deals.