Auction form 2026

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The document outlines Sotheby's gratis auction estimate service, detailing the submission process for obtaining preliminary auction estimates at no charge. It emphasizes the need for clear photographs and detailed information about each item, including its condition and provenance. The document also mentions the minimum consignment values for items in New York and London, and provides contact information for submitting requests.

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Click ‘Get Form’ to open the auction form in the editor.
Begin by filling out your contact information. Circle your title (Miss, Mr., Mrs., Dr.) and provide your name, email, company, postal/zip code, address, city, state, region (if applicable), country, telephone number, and fax.
In the 'Object Description' section, clearly describe the item you are submitting. Specify whether it is a single item or part of a set and include details such as the artist's name and dimensions.
Detail the medium or material of the object. This could include types like porcelain or mahogany. Also, describe any markings or signatures present on the item.
Assess and note the condition of the object. Mention any damages such as rips or cracks.
Provide provenance information detailing how and when you acquired the object.
If applicable, indicate if your item has been exhibited or published before. Include relevant names and dates.
Finally, add any additional comments that may assist Sotheby’s specialists in evaluating your submission.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the auction draft format?

What are the basics of an auction draft? A fantasy auction draft is similar to a regular auction. Managers take turns nominating fantasy players and then make ascending bids or offers until a single manager wins. A bid clock with a 30- to 120-second timer resets when a manager places a larger bid.

What is the auction process?

The Auction Process is a method of selling assets, securities, or goods where buyers place competitive bids. In finance, this process is commonly used for selling government securities, IPO pricing, and disinvestment of public sector units.

What exactly happens at an auction?

An auction is an event in which a seller puts an item up for sale and multiple buyers compete to purchase it by offering varying financial amounts. Usually, the highest amount, or bid, wins.

Can buyers pull out of an auction sale?

A buyer can pull out of a modern auction sale at any point up to exchange of contracts. Unlike traditional auction, exchange does not take place on auction day. Instead, buyers will usually have up to 56 days to exchange and complete. If a buyer pulls out during this time, they will lose their reservation fee.

What do you mean by auction?

An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder.

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What is the 3-minute rule in auctions?

The 3 Minute Rule is an important auction mechanism designed to maintain fairness in auction bidding. When a bid is placed within the final three minutes of an auction, the closing time automatically extends by an additional three minutes.

What are the basic rules of auction?

The basic rules of auctions include that bids must meet the minimum bidding increment, all bids and sales are final, and bidders agree to pay in full at the end of the auction.

What is an auction sale?

An auction sale is the sale of goods through a bidding process and is covered under the Sale of Goods Act, 1930. The process of sale by auction involves the selling of any goods and property of value, in a public gathering where buyers make a bid for the purchase and the sale is made to the highest bidder.