Questions about buying at auction? We have answers!
Do you offer condition reports?
Full condition reports are now available in the catalogue item description, for lots where it is practical to provide them.
As we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice, who will be better able to provide a detailed, professional report. If possible, you should inspect each lot yourself to check its condition. Please be aware that any statement made by Stair is merely a subjective opinion. Notwithstanding this report or any discussions concerning a lot, all lots are offered and sold “as is” in accordance with our Conditions of Sale.
When will my lot come up?
Each sale varies. Bidding can move at quite a pace on lots which have a lot of interest. Sometimes as many as 100 lots are sold in an hour. We generally estimate 70 to 75 lots per hour. If you have a lot later in the sale, we suggest checking the pace of the sale from time to time.
What is a reserve?
A reserve is the lowest amount a consignor is willing to allow their property to be sold for. This amount is not made public.
Will there be a reserve on a lot?
Items offered with a low estimate of $1,000 and above may have a reserve. If the reserve price of a lot is not reached, the lot will not be sold.
Where can I find the results?
You can see the results on our website during the auction. The Hammer Prices are added to the online catalogue as the sale progresses.
What is the Hammer Price?
The hammer price is the amount a lot sells for when the auctioneer’s hammer falls. This does not include the buyer’s premium, which is an additional charge that is a percentage of the hammer price.
What is the Buyer’s Premium?
If you bid directly with Stair (either in person, by absentee or by phone) the buyer’s premium you will pay is 23%.
|Bidding Method||Buyer’s Premium|
|In Person, Absentee, Phone||23%|
*Please note these platforms charge an additional percentage, which we collect on their behalf.
Can I pay by check?
Of course! Please note, if you are a first-time buyer for a purchase exceeding $3,000, your check will need to clear before you can collect your property.
How do I create an account?
Please visit this page for guidance on creating an account on this site.