Guidance for auction participation

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The auction will be held under the assumption that the bidder has checked the life-size of the artwork through an exhibition.
Therefore, we recommend you to thoroughly check the condition of the artwork before the auction during the preview periods.
Be prudent with your choices as the bids and successful bids cannot be cancelled after being placed.
The directions to bid on an online and offline auction are as below.

Bidding at an offline auction

If you wish to place a bidding through a in writing / over the phone, you need to submit a prescribed bidding application form provided by the company, or you can apply easily by via our website.
Registration of in-writing / over-the-phone biddings will be closed at 14:00 on the auctioning day. (Site/Website are the same)
When the bidders among in-writing, over-the-phone, and public bidders bid the same amount, the order of priority will be in-writing, over-the-phone, public.
Be prudent with your choices as the bids and successful bids cannot be cancelled after being placed.

  • Public bidding

    This is a method to directly bid from the site with an issued plaque, after filing a prescribed bidding registration form provided by the company.

  • In-writing bidding

    This is a method of bidding through an assistant auctioneer on the auction day. This can be done by submitting a prescribed bidding registration form the LOT number of the artwork and the highest limit of the bidding on the form.
    When there is an identical price among in-writing bids, the priority will be given to the first bidder.

  • Over-the-phone bidding

    This method is to bid over the phone through a staff in real time. This can be done when you submit a prescribed bidding registration form provided by the company.

Bidding at Online Auction

The bidding for online auction can be placed 24 hours on the website during preview periods, and will be closed in order from the closing time.
The auction will be held for 5 minutes per 10 pieces of artwork. When there is a bid placed within 30 seconds of the closing time, an additional 30 seconds will be added.
The order of priority will be automatic bidding, and one-time bidder. When there is more than 1 bid of an identical price, the first bidder will be given priority according to the server time.
Be prudent with your choices as bids and successful bids cannot be cancelled after being placed.

  • Automatic bidding

    The method to automatically bid by setting a maximum amount for the artwork. When there are no other bidders, it will be successfully bid at the lowest amount.

  • One-time bidder

    The method to bid once in real time according to the entered amount

Original closing time 13:00:00

12:59:30~12:59:59 New bid → Closing time extended automatically to 13:00:30 When there are no other new biddings within the last 30 seconds, the auction will close at the final closing time.