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Frequently Asked Questions
What categories of items does MYNT Auctions specialize in?
MYNT Auctions specializes in antiques, coins, vintage apparel, fine art, jewelry, and other collectible items.
How do I register to bid in a MYNT auction?
You can register to bid in a MYNT auction through LiveAuctioneers.com by creating an account and following the registration process for the specific auction you’re interested in.
Can I inspect the items before placing a bid?
Yes, MYNT Auctions provides detailed descriptions and high-quality images of each item in their listings. In some cases, additional information or viewing appointments may be arranged.
Is there a buyer’s premium, and what should I expect to pay?
Yes, a buyer’s premium is added to the final hammer price of each item. The exact percentage will be specified in the auction terms.
What are the accepted payment methods at MYNT Auctions?
MYNT Auctions accepts payments via credit card, bank transfer, and PayPal. Payment details will be provided upon winning an auction.
How will I know if I have won an item?
After the auction concludes, winning bidders will receive a confirmation email with instructions on how to complete their purchase.
What is MYNT Auctions' policy on returns?
All sales at MYNT Auctions are final. Bidders are encouraged to review all item details carefully before placing a bid.
Does MYNT Auctions provide shipping?
Yes, MYNT Auctions offers shipping services for purchased items. Shipping options and costs will be provided after payment is received.
How does MYNT Auctions ensure the authenticity of the items?
MYNT Auctions works with experts to verify the authenticity of all items before listing them for auction, ensuring buyers receive genuine articles.
How frequently does MYNT Auctions hold auctions?
MYNT Auctions holds auctions regularly, featuring a wide range of items. Upcoming auction dates and featured items can be viewed on LiveAuctioneers.com.
What is a condition report?
A specialist’s written detailed report of a lot’s present condition available upon request. If a condition report has already been prepared and is available for viewing, they can be located on an individual lot page in the bottom tab labeled “Condition Report.” Accompanying images can also be requested.
What is an absentee or commission bid?
A bid/bids executed by the auctioneer on behalf of a client, according to a maximum amount specified by the bidder prior to the auction. Absentee bids on lots can be submitted via our website up to 24 hours in advance of the auction and through Freeman’s Live on the day of sale.
What does the term “hammer price” mean?
The price at which an item is sold at auction and announced as the auctioneer lowers the gavel. Applicable fees such as buyer's premium and sales tax are added to this amount when totaling a buyer’s invoice.
What does the term “as is” mean?
A piece’s present condition. See “condition report.”
What are bidding increments?
A predetermined amount by which a bid will be raised each time the current bid is outdone. Our standard bidding increments: $25 until $500 is reached $50 until $1,000 is reached $100 until $2,000 is reached $200 until $3,000 is reached $250 until $5,000 is reached $500 until $10,000 is reached $1,000 until $20,000 is reached $2,000 until $30,000 is reached $2,500 until $50,000 is reached $5,000 until $100,000 is reached Over $100,000: auctioneer’s discretion.
What is the buyer’s premium?
An additional fee added to the successful bid price and is payable by the buyer as part of the total purchase price. The buyer’s premium is 27% of the hammer price up to and including $1,000,000; 21% of any amount in excess of $1,000,001 up to and including $4,000,000; and 15% of any amount in excess of $4,000,001.
What is a consignment agreement?
A legal contract drawn up between the consignor and vendor outlining the terms of sale and any associated fees, including seller's commission.
What is an estimate?
An expert’s valuation of an item’s possible selling price at auction, presented as a monetary range. Preliminary estimates are generally set at the time of consignment and are subject to revision pending further research and firsthand inspection. Pre-sale estimates are determined according to an item’s rarity, provenance, and condition, and reflect current market trends and recent auction results for comparable items. The final selling price may be higher or lower than this band depending on demand.
What does the term “price realized” mean?
The price an item sells for, totaling the hammer price and the buyer’s premium.
Table Of Contents
General
What categories of items does MYNT Auctions specialize in?
MYNT Auctions specializes in antiques, coins, vintage apparel, fine art, jewelry, and other collectible items.
How do I register to bid in a MYNT auction?
You can register to bid in a MYNT auction through LiveAuctioneers.com by creating an account and following the registration process for the specific auction you’re interested in.
Can I inspect the items before placing a bid?
Yes, MYNT Auctions provides detailed descriptions and high-quality images of each item in their listings. In some cases, additional information or viewing appointments may be arranged.
Is there a buyer’s premium, and what should I expect to pay?
Yes, a buyer’s premium is added to the final hammer price of each item. The exact percentage will be specified in the auction terms.
What are the accepted payment methods at MYNT Auctions?
MYNT Auctions accepts payments via credit card, bank transfer, and PayPal. Payment details will be provided upon winning an auction.
How will I know if I have won an item?
After the auction concludes, winning bidders will receive a confirmation email with instructions on how to complete their purchase.
What is MYNT Auctions' policy on returns?
All sales at MYNT Auctions are final. Bidders are encouraged to review all item details carefully before placing a bid.
Does MYNT Auctions provide shipping?
Yes, MYNT Auctions offers shipping services for purchased items. Shipping options and costs will be provided after payment is received.
How does MYNT Auctions ensure the authenticity of the items?
MYNT Auctions works with experts to verify the authenticity of all items before listing them for auction, ensuring buyers receive genuine articles.
How frequently does MYNT Auctions hold auctions?
MYNT Auctions holds auctions regularly, featuring a wide range of items. Upcoming auction dates and featured items can be viewed on LiveAuctioneers.com.
Auctions
What is a condition report?
A specialist’s written detailed report of a lot’s present condition available upon request. If a condition report has already been prepared and is available for viewing, they can be located on an individual lot page in the bottom tab labeled “Condition Report.” Accompanying images can also be requested.
What is an absentee or commission bid?
A bid/bids executed by the auctioneer on behalf of a client, according to a maximum amount specified by the bidder prior to the auction. Absentee bids on lots can be submitted via our website up to 24 hours in advance of the auction and through Freeman’s Live on the day of sale.
What does the term “hammer price” mean?
The price at which an item is sold at auction and announced as the auctioneer lowers the gavel. Applicable fees such as buyer's premium and sales tax are added to this amount when totaling a buyer’s invoice.
What does the term “as is” mean?
A piece’s present condition. See “condition report.”
What are bidding increments?
A predetermined amount by which a bid will be raised each time the current bid is outdone. Our standard bidding increments: $25 until $500 is reached $50 until $1,000 is reached $100 until $2,000 is reached $200 until $3,000 is reached $250 until $5,000 is reached $500 until $10,000 is reached $1,000 until $20,000 is reached $2,000 until $30,000 is reached $2,500 until $50,000 is reached $5,000 until $100,000 is reached Over $100,000: auctioneer’s discretion.
What is the buyer’s premium?
An additional fee added to the successful bid price and is payable by the buyer as part of the total purchase price. The buyer’s premium is 27% of the hammer price up to and including $1,000,000; 21% of any amount in excess of $1,000,001 up to and including $4,000,000; and 15% of any amount in excess of $4,000,001.
What is a consignment agreement?
A legal contract drawn up between the consignor and vendor outlining the terms of sale and any associated fees, including seller's commission.
What is an estimate?
An expert’s valuation of an item’s possible selling price at auction, presented as a monetary range. Preliminary estimates are generally set at the time of consignment and are subject to revision pending further research and firsthand inspection. Pre-sale estimates are determined according to an item’s rarity, provenance, and condition, and reflect current market trends and recent auction results for comparable items. The final selling price may be higher or lower than this band depending on demand.
What does the term “price realized” mean?
The price an item sells for, totaling the hammer price and the buyer’s premium.
Still need help?
Click on the blue round button at the bottom right corner of this page. You can also email our support team at mynt@example.com
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