Amersham Auction Rooms
Amersham Auction Rooms

AAR

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AAR

Terminology Associated
with Pricing, Reserves and Estimates

  • Selling at AuctionReserve - Usually set by the Seller after taking advice from the auctioneers, a Reserve is the figure below which an item will not be sold and remains confidential between the Seller and the Auctioneers
  • Pre-auction estimates - Are prepared by Auctioneers for the benefit of prospective Buyers but are very much a matter of opinion. Although available during viewing and printed in each catalogue their accuracy cannot be guaranteed, Buyers should make their own assessments of worth.
  • Hammer Price - The value at which the Auctioneer concludes the transaction.
  • the–saleroom.com - An independent on-line, live bidding platform which provides prospective buyers with an additional facility to conduct absentee bidding at our monthly Auctions of Selected Period & Later Furniture, Fine Art & Collectable Items. (Please note the weekly General Auctions do not have live bidding facilities)

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Direct Contact :: Telephone : 01494 729292 :: Email : info@amershamauctionrooms.co.uk