The spending limit is the maximum amount of money you like to spend for the auction. This is based on your final winning bid, hammer price only. This does not calculate buyer's premium (19.5%) or sales tax (Varies based on where your shipping or collecting your lots) or any other fees.
This can be done during the registration process or through "My Bid" on the menu bar. Just click on the auction name, this will take you to the detail list of the lots you have bids placed. Below the sale title you will see "SET SPENDING LIMIT" Just click on this and add your spending limit and save.
If you choose to set a limit and you are bidding live, you will not be allowed to bid once you reach your spending limit unless you return to the “My Bids” page to raise or to remove your spending limit.
- Your spending limit does not include the extra fees that will be added to your invoice including our Buyer’s Premium, taxes, and shipping fees.
- Spending limit only applies to absentee bidding and live bidding via the app and website.