Bidding Tutorials
How Bidding Works
First Time Buyers
If you have not bought at Morgan O’ Driscoll’s Online Auctions before please read the following guide. To buy an item at Morgan O’ Driscoll’s Online Auctions, you must create an account and login. Once logged in you are ready to bid on any of the lots.
Buyer's Premium
The buyer shall pay the auctioneer a commission of 18% of the auction price. VAT is payable on the commission at the prevailing rate.
For example: On a hammer price of €1,000, the Buyer's Premium amounts to €180 and the VAT on the Buyer's Premium amounts to €41.40, giving a total amount due of €1,221.40.
Bidding Increments
Bidding increments will be as follows:
€0- €500 by €20
€500- €1000 by €50
over €1000 by €100
You may leave a maximum bid which will instruct the computer to bid on your behalf only as much as required for to remain the highest bidder up until your maximum bid.
Sale Procedure
The sale will commence at a designated time and date and will run for a specific number of dates. The sale will end with every lot finishing at 1 minute intervals up until the sales completion. Please note: Each individual lot displays a unique individual end time. If within 5 minutes of the end of the auction (for each specific lot only) a new bid is placed, the auction time remaining reverts to 5 minutes from the time the new bid is placed. This will continue until such time as no higher bid is placed during the last 5 minutes.
If your bid is accepted, you will be notified that you are the current highest bidder. If you are outbid you will be notified by email and have the option to bid again and if you win a lot you will receive an invoice by email after the auction's completion.
If you are not receiving emails from info@morganodriscoll.com please check the junk folder in your email application.
First Time Buyers
If you have not bought at Morgan O’ Driscoll’s Online Auctions before please read the following guide. To buy an item at Morgan O’ Driscoll’s Online Auctions, you must create an account and login. Once logged in you are ready to bid on any of the lots.
Buyer's Premium
The buyer shall pay the auctioneer a commission of 18% of the auction price. VAT is payable on the commission at the prevailing rate.
For example: On a hammer price of €1,000, the Buyer's Premium amounts to €180 and the VAT on the Buyer's Premium amounts to €41.40, giving a total amount due of €1,221.40.
Bidding Increments
Bidding increments will be as follows:
€0- €500 by €20
€500- €1000 by €50
over €1000 by €100
You may leave a maximum bid which will instruct the computer to bid on your behalf only as much as required for to remain the highest bidder up until your maximum bid.
Sale Procedure
The sale will commence at a designated time and date and will run for a specific number of dates. The sale will end with every lot finishing at 1 minute intervals up until the sales completion. Please note: Each individual lot displays a unique individual end time. If within 5 minutes of the end of the auction (for each specific lot only) a new bid is placed, the auction time remaining reverts to 5 minutes from the time the new bid is placed. This will continue until such time as no higher bid is placed during the last 5 minutes.
If your bid is accepted, you will be notified that you are the current highest bidder. If you are outbid you will be notified by email and have the option to bid again and if you win a lot you will receive an invoice by email after the auction's completion.
If you are not receiving emails from info@morganodriscoll.com please check the junk folder in your email application.