How to Bid in Hong Kong sales

How to Bid

1) If you are an existing client with a MySothebys Online account:

- Log in, find your sale page of interest, and register to bid. There are four ways that you may register to bid: In Person, by Phone, by Absentee/Advance, or Online
- Please note that an ID will be required for registration, and a deposit will be required for Premium Lots

2) If you are an existing client without a MySothebys Online account

- Send an email to bids.hongkong@sothebys.com with a message that includes your full name, and Sotheby’s account number (if available)
- Please note that an ID will be required for registration, and a deposit will be required for Premium Lots

3) If you are a first-time client

- A step-by-step registration process is available to you here
- In order to place bids, you must first complete the full registration, which will include a credit card identification process
- Please note that an ID will be required for registration, and a deposit will be required for Premium Lots

Bidding Methods

Note: to bid on lots designated with this symbol (✧) in the e-catalogue, a deposit will be required

(i)Online (live during sale)

- Locate the sale page of interest, and click “Register to Bid”
- Select the relevant account number using the dropdown menu
- You will receive both a screen and email confirmation with your paddle number
- On the day of the sale, you will receive an email notification when the sale is about to begin. Simply login and join the auction to take part in the live auction online

(ii)In Person

- Send an email to paddle.hongkong@sothebys.com with your full name, Sotheby’s account number, sale(s) of interest and any premium lots. Please note that deposit will be required in order to bid on premium lots.

(iii)By Phone

- Locate the sale page of interest, and click “Register to Bid”
- Select the relevant account number using the dropdown menu
- When you are notified of your paddle number, please select “By Phone”
- Select the lots you would like to bid on and click the gold button “Select Lots”
- Upon successful registration, you will receive an email confirmation from the Bids Department, which will list each of the lots on which you have been registered to bid
- Note: a deposit will be required to bid on premium lots

(iv)Absentee/Advance

- Please locate the sale page and lot of interest
- Click “Place Bid” next to the lot you are bidding on
- Select your maximum bid increment and proceed to confirm amount
- Review bid amount and total amount including premium
- Select account of choice using dropdown menu
- Review our terms and conditions and click confirm to agree
- You will receive a confirmation email notifying you of your bid status

Deposit

If you wish to bid on lots designated with this symbol (✧) in the e-catalogue, you may be requested to deliver to Sotheby’s a deposit of HK$1 million (Premium lot(s)) or HK$5 million (Super Premium lot(s)) or such other higher amount as may be determined by Sotheby’s, and any financial references, guarantees and/or such other security as Sotheby’s may require in its absolute discretion as security for the bid. Please bear in mind that Sotheby’s is unable to obtain financial references during weekends or public holidays.

If you are not successful on any lot, Sotheby’s will arrange for a refund (subject to any right of set off) of the deposit amount within 21 working days after the date of the sale. Sotheby’s assumes no liability for any exchange losses or fees associated with the refund.

Deposit payment instruction

- Wire transfer in Hong Kong Dollars
- Credit Card (Visa, Mastercard, China Union Pay or American Express) subject to a maximum payment of HKD1,000,000
- Cheque from a bank in Hong Kong (Please allow two normal business days to clear the cheque payment)
- Cashier’s Order / Banker Draft from a bank in Hong Kong

Please Note:

- Deposit adjustments will not be entertained
- Further financial proof may be requested
- For all Premium Lots, please email bids.hongkong@sothebys.com listing your sale and lot of interest for our review