Tag Archives: bidding

Attending a jewellery auction

Attending a jewellery auction can be an exciting day out, and result in some amazing vintage finds that you can wear and admire for years to come. If you’re thinking about taking a trip to a jewellery auction, here are some things to consider:

• What’s your budget?
Bidding can be contagious, and an item that was originally billed at £100 can quickly escalate to £1000 if the right buyers are present. If you’ve got your eye on a particular piece, work out how much you can afford to spend, and stick to it. People who go over budget in the heat of the moment usually regret it.

• What are you looking for?
Keep an open mind when it comes to jewellery auctions. Each piece is unique, and does not come from a range of variable stock, so don’t set your decision in stone. For instance, if you’re looking for a necklace to set off a particular outfit, you may not be able to find one in your desired colour – but there may be a beautiful antique broach instead.

• Who else is bidding?
Knowledgeable buyers and collectors often attend jewellery auctions in search of a bargain. If they’re bidding on your chosen item, it’s probably because they recognize that it’s a particularly special piece – so find out the value of the item and adjust your bid accordingly!