A Collector’s Guide to Buying at Auction
Published July 8, 2024 • 6 min read
Understand the Catalog
Read condition reports carefully and request additional photos. Learn the auction house’s grading language and how it compares to dealer standards.
Research Comparables
Survey recent results across UK and US sales. Consider edition points, inscriptions, dust jackets, and binding states that influence value.
Set a Budget
Include buyer’s premium, VAT, and shipping. Decide on a maximum hammer price before bidding and stick to it.
Inspect Condition
Look for repairs, rebacking, foxing, and trimming. When possible, preview in person—bring a small flashlight and cotton gloves.
Bid Strategically
Register early, confirm increments, and avoid last-second hesitations. For phone and online bids, ensure connectivity and backup plans.