Jain Auction House offers an exciting opportunity to acquire stamps, coins, banknotes, and medals in India. There are multiple ways to participate, making the process accessible to all collectors and enthusiasts. Here are some essential tips to guide you through the auction process.
Buying at Auction
Catalogues Listing
Our catalogues provide valuable information for clients interested in participating in our auctions. Released well in advance of the auction date, they feature detailed item descriptions, estimated values, and the relevant terms and conditions. You can download all catalogues for your reference, free of charge from our catalogue section and view them!
Lot Viewing
All auction items are displayed for several days prior to the sale, with the viewing schedule listed in the catalogue. We warmly invite and strongly encourage you to physically inspect the lots before bidding. Our team is happy to discuss the background and quality of each item. These pre-sale viewings are free and open to the public, as are all Jain Auction House.
Online Registration
Only registered bidders are eligible to participate in Jain Auction House auctions. Therefore, prospective buyers must online register in advance to bid on the auction.
To Place Your Bid
Before placing a bid, please review the Terms and Conditions for Buyers, which are also included at the back of each printed catalogue. If you are a new client, we require numismatics references in advance to open an account for you.
Bidding in our auction constitutes a legally binding contract. You may participate by choosing any of the following methods:
In-Person Bidding
- On the auction day, follow the signs for 'Registration.' Complete a form with your details to receive a paddle.
- Pre-register by contacting us via phone or email to avoid delays.
- Raise your paddle to bid. If others bid the same lot, they will bid against you.
- The auctioneer accepts higher bids until only one bidder remains.
- The final bidder wins, with the auctioneer declaring the lot sold and announcing the hammer price.
- If bidding doesn't meet the reserve price, the lot remains unsold and moves to the next item.
Bidding Through a Representative
- If you can't attend in person, appoint a representative or third party to bid on your behalf.
- The appointed representative must provide authorization confirming their permission to bid on your behalf.
Online Bids
- Register and activate your account on our website.
- Log in using your email ID and password.
- Browse the online catalogue and place bids by clicking the Bid Now button next to each lot.
- Enter your bid in multiples of 100. Add or modify bids up to three hours before the sale begins.
- To increase a bid, submit a new bid for the same lot.
- To cancel or decrease a bid, contact us immediately. Adjustments to the lowest estimate are final and at JAH's discretion.
Telephone Bids
- Bid by telephone if you wish to participate from afar.
- Contact us at least one day before the auction.
- A team member will call you during the sale and relay your bids to the auctioneer.
- This service is offered at JAH's discretion.
Shipping Methods
Buyers are responsible for shipping and handling fees. We use reputed couriers; for specific requests, let us know. All shipments are at the buyer's risk.
Observe an Auction
You're welcome to attend and watch our auctions in person! They are free and open to the public, offering a great opportunity to see just how simple the auction process is.
Further enquiries mail on
auction@jainauctionhouse.com