萬昌斯拍賣行

Buying Guides

There are several ways to find the property that most interests you:

Browse upcoming sales

Search for a specific item

Attend a free pre-auction viewing

Before you decide what you want to bid on, read the lot descriptions carefully, pay attention to the basic information such as medium, dating, size, attribution, quantity and so on. Condition reports are available on request. We strongly recommend coming to the pre-auction viewings and looking at your interested lots for yourself.

Bid with Marchance

Before you can bid on an item, you must register for the sale. First-time bidders must also provide credit information (including credit card details). You many choose a bidding method below:

Bid In Person

The most exciting way to bid at auction is the traditional live method on the sales floor with an auction paddle. Clients intending to bid in person must register on or before the day of the auction with a photo ID and a numbered paddle will be assigned at that time. In the saleroom, the auctioneer will announce bids. If the item and price is right, raise your paddle. Continue until you're the only bidder remaining. The auctioneer will state that the item is sold, and then announce the hammer price and your paddle number.

Telephone Bidding

You may participate live in the sales by bidding via telephone with one of our trained staff member, who will relay progress back to you and, on your instruction, bid on your behalf.
The completed and signed telephone bid forms must be received at least 24 hours prior to the auction. The Telephone Bid Form is available on our website. You may fill out the form and send it to us by fax (+852 3020 9433) or Email (enquiry@marchance-auctioneers.com)

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Online Bidding

Marchance offers online bidding service via invaluable.com for bidders who cannot attend the sale. Wherever you are, online bidding allows you to bid on your computer as well as iPhone and Android apps. All bids are received in real time. To register for internet bidding you must login.

E-Catalogue

Absentee Bidding

For buyers unable to participate live in person, on the telephone or online, we offer the option of leaving absentee bids. An absentee bid is simply your maximum bid. One of our trained staff members will bid on your behalf up to your own predetermined price limit. In the event that the other bidders drop out before reaching the full amount of your absentee bid, you will purchase the lot at the next increment. The Absentee Bid Form is available on our website. You may fill out the form and send it to us by fax (+852 3020 9433) or Email (enquiry@marchance-auctioneers.com)

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Online-Only Auctions

In addition, Marchance conducts online-only auctions, with all bidding taking place online. Online-only bids can be submitted throughout the duration of the bidding period.

Bid Increments

Value	Increment
HK $ $ 1,999 or below	HK $ 100
HK $ 2,000 to HK $ 4,999	HK $ 200 , HK $ 500 , HK $ 800 (i.e. HK $ 2,200 , HK $ 2,500 , HK $ 2,800 , HK $ 3,000)
HK $ 5,000 to HK $ 9,999	HK $ 500
HK $ 10,000 to HK $ 19,999	HK $ 1,000
HK $ 20,000 to HK $ 49,999	HK $ 2,000 , HK $ 5,000 , HK $ 8,000 (i.e. HK $ 22,000 , HK $ 25,000 , HK $ 28,000 , HK $ 30,000)
HK $ 50,000 to HK $ 99,999	HK $ 5,000
HK $ 100,000 to HK $ 199,999	HK $ 10,000
HK $ 200,000 to HK $ 499,999	HK $ 20,000 , HK $ 50,000 , HK $ 80,000 (i.e. HK $ 220,000 , HK $ 250,000 , HK $ 280,000 , HK $ 300,000)
HK $ 500,000 to HK $ 999,999	HK $ 50,000
HK $ 1,000,000	To repeat in the same manner as set forth above

Payment and shipping

Payment instruction

Accepted forms of payment include cash/cashier order, cheque, wire transfer, EPS or UnionPay. Marchance reserves the right to hold merchandise purchased by personal check until the check has cleared. Please note: buyers have 7 business days to pay for and pick up purchased property. If the property is to be shipped, arrangements need to be confirmed within 7 business days.

Our company accepts payments by UnionPay. 1.5% administrative fee will be imposed to payer if payment is made by UnionPay, this fee is collected by the bank. The Buyer needs to bring Union Pay card to settle the payment in our company. If refund is necessary, the fee(s) charged by UnionPay shall be bear by the payer.

Our company does not accept payment from a third party other than the Buyer. This applies to the agent as well. If the agent participates in the auction on behalf of others, we only accept payment from the principal. Other than accepting payment from the Buyer, our company reserves the right to reject payments from other sources.

Our company will issue an invoice of property sold under the name and address on the Bidding Paddle Registration Form and the registered name and address should not be changed.

Buyer’s Premium and Expenses

The Bidder will be deemed as the Buyer of the Lot after succeeding in bidding and shall pay us the Buyer’s Premium together with any applicable expenses and charges unless with specification. The Buyer’s Premium is equal to 23% of the Hammer Price of each lot up to and including HK$8,000,000; and 15% of the excess of the hammer price above HK$8,000,000. Buyer who fully pays within 14 days after the Sale Date (including the Sale Date) can enjoy Early Payment Discount Buyer’s Premium, which is equal to 20% of the Hammer Price of each lot up to and including HK$8,000,000; and 12% of the excess of the hammer price above HK$8,000,000.

Collecting and Shipping

Only after the Buyer has paid the full amount of the Purchase Price, he/she/it can collect the Lot (packing and moving costs, insurance expenses, expenses related to export shall be at the Buyer's expense). If Buyer requests Marchance to assist in collecting the purchased Lot by means of post, express delivery or transportation (packaging, mailing and transportation expenses shall be paid by the Buyer), Marchance shall be deemed to have delivered the Lot and the Buyer shall be deemed to have collected such Lot according to the normal procedure upon Marchance's delivery of the Lot to the post, express delivery and transportation entities, companies, their employees or branch offices. The risks arising from this process shall be borne by the Buyer.