• Currently accepting consignments for next worldwide auction - Singe Items | Collections | Entire Estates - Click HERE to find out more•
Q: How can I purchase an item at auction?
A: There are several ways to purchase items at our worldwide auctions. First you have to register with one of the bidding platform for placing pre-bids and/ or joining us 'live' online during the auction. You can also call us directly or fill out an absentee bid or phone bid with us directly to save 5% on the Buyers Premium.
Q: The auction is offered on several third party bidding platforms, does it make a difference which one I use to bid?
A: No, you can use any third party bidding platform that we offer. However, if you click on the auction link from our website you will get a complete catalog with full descriptions and addtiional photos. You can also register there for online bidding. Just please note that the bidding platforms don't communicate with each other until auction day, so there can be a different high bid on each platform until the actual auction begins.
Q: What if I am tax exempt?
A: You will need to fill out a tax exempt form with us PRIOR to the auction AND with the bidding platform when registering.
Q: What is a buyers premium?
A: It is standard auction practice for a Buyer's Premium to be added to all hammer prices (i.e. the winning bid announced), of an auction item or lot. The winning bidder is required to pay both the hammer price and the percentage of that price called for by the buyer's premium. When bidding you may want to consider this.
Q: What is a Bid Plus 1 or 2?
A: When placing a direct absentee bid with us. A bid “plus” is used in case of an absentee bid tie. It raises your bid by one or two bid increments. Say there are two sealed bids in on an item for $1,000. If there are no “plus” amounts entered on either bid, the bid with the earliest date submitted would be the winning bid. If one individual had a +1, the item would be hammered to them at $1,100, or plus one bid increment. If you would like any additional clarification on the Bid Plus please do not hesitate to contact us.
Q: Why didn't I win if the item was sold for the same amount as my maximum bid?
A: If you are unable to bid live and are leaving an absentee bid there is a possibility you may not be the highest bidder even though the item sold for the same high bid you placed. First, you can not bid against yourself. So if your bid was acknowledged as the prior bid you can not out bid yourself. Hence, the next bid, even tho it was your max bid, wouldn't be registered. Secondly, if two bids come in for the same max bid, the first bid acknowledged by the auctioneer will get the bid. With online bidding and allowing multiple platforms this is a possibility, however, we in no way want to miss any bids but in a situation with two bidders having a max bid on an item, only one bidder can win. To avoid this possibility, you can set up a phone bid prior to most of our auctions.
Q: What is the dfference between a live online auction and a timed online auction?
A: The biggest difference between timed and live auctions is that live auctions are closely monitored and auction off one item or lot at a time. Timed auctions offer customers more flexibility in terms of where, when, and how much they can bid.
Q: What is a timed auction?
A: Timed auctions take place without an auctioneer calling the sale. There is usually a pre-determined set time between lots to be opened, there is also a pre-set time which is extended with each bid, until there is no other bid place during that time frame. Multiple lots can be bid and sold at the same time. At the end of this period, the bidder who has submitted the highest bid wins the lot. You'll know it's a timed auction as the end time will be displaced on the lot page.
Q: How do I get my winning items after auction?
A: We do not provide in-house shipping, however we will help you through each step of the process. Bidders are informed that they can pick up items at our warehouse or can arrange for a transport company to pick them up. Otherwise, for most out of town buyers, the UPS store in Manlius will pick up your items after auction, at which time the winning bidder calls the UPS store for a shipping quote. Most out of town bidders use this method. Once items are sent to the UPS store, the buyer is responsible for shipping arrangements.
Q: Still have questions?
A: Feel free to give us a call at 315.447.1656
Q: What is a timed auction?
A: Timed auctions take place without an auctioneer calling the sale. There is usually a pre-determined set time between lots to be opened, there is also a pre-set time which is extended with each bid, until there is no other bid place during that time frame. Multiple lots can be bid and sold at the same time. At the end of this period, the bidder who has submitted the highest bid wins the lot. You'll know it's a timed auction as the end time will be displaced on the lot page.
Q: I have an extensive collection that I wish to sell. What do I do?
A: We suggest that you submit a small sample of the collection and indicate that you have a larger collection that you would like us review. One of our team members will be in touch regarding next steps.
Q: Should my item be cleaned or restored before consigning?
A: There is no need to make any changes to your item(s). We will review the current condition of the item you submit and discuss prior to consigning.
Q: I am an artist. May I consign my own work?
A: Please do not submit your own artwork. Terri Peters & Associates does not specialise in the primary market, and we recommend that you contact a gallery for representation.
Q: Can you arrange shippng or local drop off for my item(s)?
A: Yes. Our staff can put you in touch with shippers in your area, who will be able to assist you with shipping your item to us, or you can arrange this yourself.
Q: Does the initial evaluation cost anything?
A: No, it is completely free and confidential with no obligation to sell.
Q: How do people find my item(s) for purchase?
A: We sell items through multiple auction platforms. Our sales are marketed to a global network of collectors, through various digital marketing tactics and printed materials, to ensure the best possible price.
Q: I'd Like to talk to someone instead and/or have other questions?
A: You can contact us at anytime. Arrange a virtual valuation via video call, or simply pick up the phone. We also hold regular valuation events. You can find these listed on our valuations calendar or you can send us an email at Info@TPAauctions.com
Q: How do you advertise my items?
A: Once you sign a consignment agreement for the sale of your property, we will begin marketing your lots to our international client base. Your objects will be photographed,described and cataloged ready to appear in our auction catalog. An extensive advertising and marketing campaign involving targeted advertising using cutting edge technology, public relations, print and online advertising, special events, and a public preview will be created to promote each auction, ensuring your property is seen by countless potential buyers.
Q: Still have questions?
A: Feel free to give us a call at 315.447.1656
Terri Peters & Associates Auction and Estate Marketing makes every effort to correctly describe and accurately identify all items that they sell. Terri Peters & Associates Auction and Estate Marketing are not responsible for errors, omissions or oral condition reports. It is up to the buyer to decide the nature and authenticity of each and every item interested in prior to bidding. Terri Peters & Associates Auction and Estate Marketing reserve the right to make verbal corrections and/or provide additional information from the block during the sale. It is the sole responsibility of the buyer to request a condition report and or additional pictures and be well informed regarding the merchandise prior to placing a bid.
The highest bidder acknowledged by the auctioneer shall be the purchaser. In the event of any dispute between bidders, the auctioneer shall have absolute discretion in determining the successful bidder, or he/she may re-offer the disputed item for sale if he/she so wishes.
Absentee bids will be executed in a competitive manner by a company representative.
Terri Peters & Associates Auction and Estate Marketing is pleased to accommodate your requests for additional information and photographs, however, your personal examination is always preferred when possible. It is the responsibility of the bidder to examine lots and decide on their level of interest. We have most items available for private preview, by appointment or during our posted preview hours prior to the auction. Lots are sold in "as is" condition. All sales are final. Terri Peters & Associates Auction and Estate Marketing is not responsible for theft or damage. You are responsible for your purchases after the auctioneer hammer goes down and identifies your number as the winning bid.
All sales are final. It is the responsibility of the bidder to ascertain, to their satisfaction, the authenticity, condition, shipping, transportation or any other factors that may influence bidding BEFORE bidding! By placing any bid(s), (on site, on line, absentee or by phone), you are agreeing to the terms of this auction. Your bid is considered to be a legal binding agreement. All payment for winning bids MUST be made within 5 business days after the conclusion of the auction unless other arrangements have been agreed to in writing by the bidder and Terri Peters & Associates.
Buyers may pay using a credit card, cashier's check, or wire transfer. A 4% administrative fee will be applied to all credit card payments. To avoid this fee, buyers may opt to send a cashier’s check or arrange for a wire transfer. Buyers who choose to pay by wire transfer are responsible for any wire transfer fees.
Any item(s) remaining unpaid after 5 days will be placed in storage with a storage fee of $20.00 per day being levied upon the buyer. Those items that remain in storage more than 14 days will be considered forfeit. The cost of the item and all storage fees are the responsibility of the buyer of record. After an additional 5 days from forfeiture any remaining unpaid balance will be turned over to a collections agency. It is not our intention to charge any additional fees or to send our customers to collections, it is only our intention to process winning bids as expeditiously as possible and get winning items to our customers quickly. Any further questions regarding before or after sale please call us at 315.447.1656.
Thank you,
Terri Peters & Associates