During our recent survey many StampAuctionNetwork users suggested StampAuctionNetwork act as an agent during live bidding, so as to not reveal their maximum bid. We have developed this feature and it is ready to use. If you leave book bids in an auction with Live Bidding at StampAuctionNetwork, you will find this very useful. To evaluate this feature, we will waive the 1% agent fee for any lots you win with StampAuctionNetwork Agent bidding in June. SAN Agent bidding is an Extended Features option, so you will need to support SAN at some capacity, a trial, a voluntary amount, or the full extended features subscription. You will be able to evaluate it in June with just the "trial" option.
Here are the basics. If you want to proceed, email me back, there will be a few "Webinars" scheduled to explain the process online. There is one scheduled this Friday, June 8th at 10:00 am EST.
StampAuctionNetwork Agent Bidding
The auction firms will not see SAN Agent bids until the lot is opened. They will look identical to other live bids, except that your maximum bid amount will not be revealed. If your maximum bid is reached and beaten, and you are watching the live bidding, you can take over your bid. You will never have to worry about bidding against yourself. During Live Bidding, you will also be able to place a Live SAN Agent Bid. This will be identical to a Live Bid, except the Auctioneer will not see your max bid. Currently the SAN console operator and the Auctioneer (if watching their monitor) can see everyone's max bids in order to expedite the live bidding. This will be optimal for both current live bidders and current absentee bidders. For absentee bidders this will give you the opportunity to keep the auctioneer from seeing your bid on the book. For live bidders it will keep the auctioneer from seeing your maximum live bid. StampAuctionNetwork will automatically drop your linking OR bids if a bid marked as OR is executed for you. Once your Agent Bids are executed, they will become part of your regular MyBids and will be archived into MyArchivedBids when we take the sale down. We will charge you 1% of the realized amount, with no caps or minimums if your SAN Agent bid is successul. Agent fees will be waived in June. We will send you an invoice after the close of the sale. Payment is due on acceptance of the lot from the auction house. If you want to be kept informed, email me back and I will let you know when we have webinars to explain the process. - Tom Droege
To sign up for StampAuctionNetwork Agent Bidding you can follow this link. If you already have done so, SAN Agent Bidding is already included. Any of the sign up options will include SAN Agent Bidding, ($9.95 up to PowerUser $139).
Of course if you have any questions, just email me or call, |