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Auction Venues
There
are four primary auction venues available to our Associate Sellers.
Of the four, MONTHLY SALES, SPECIALTY AUCTIONS, and FRESH are open to
all Associates. Creating a SINGLE ASSOCIATE AUCTION requires prior
approval.
Each of these venues are promoted on the iGavel homepage, and are
identified by a four letter or character code. This code serves
as an identifying "marker" for the sale, and links a lot
to a specific sale. The sale code must be included at the end of
the title for each lot (i.e. Cloisonn Tripod Cencer, Ming, FR3SH)
whereby FR3SH is the sale code for the sale. A calendar
of sales and sale codes are available to all associates on the
IG Associate website.
If you are going
to participate in a monthly VO sale, please notify us in advance
and upload your lot information and photos a few days before the
sale begins.
1. Single Associate
Auctions - These auctions are hosted by a single associate and should
include a sufficient number of lots and have a large enough value
to justify the time, promotional costs, and exposure. A 30 lots
sale that might gross $10,000 doesn't make sense; while a 200 lots
sale that could reasonably gross $100,000 would make sense. Auctions
yielding mid to high six figures are not uncommon. Promotion of
a Single Associate Sale is important to the sale's success. Getting
the right types of consignments and careful and sufficient preplanning
is key. IGavel will provide a sale code once your auction is scheduled.
2. FRESH - Fresh is
a continuous auction format that features new lots throughout the
week. This venue was created to provide faster paced sales. An iGavel
Associate can place a single lot - or a large group of lots - into
the FRESH sale. The Associate selects the length of the sale (from
one hour to one week), and the start and finish dates/times (Monday
through Friday 10 AM - 5 PM). The Sale Code for FRESH is FR3SH.
3. Monthly Various
Owner Sales - Monthly VO sales are scheduled throughout the year,
and are open to all iGavel Associates. These sales are typically
three weeks in length, and includes lots in a variety of categories
and price ranges.
Lots in the Monthly
sale must have a minimum starting bid of $300.
4. Special Theme
Auctions - Throughout the year iGavel hosts specialty theme sales
that are open to all of our Associates. When these sales are announced,
any guidelines or special instructions pertaining to the sale will
be posted in the BLOG section of this Associate site (i.e. minimum
starting bids, whether the lots in the sale will be vetted, etc.).

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