HOW TO BID

Once registered and or logged on, you merely go to the foot of the item page you are interested in - It will show the starting bid, current bid and number of bids placed.

All prices quoted are Australian Dollars.

You will be advised the minimum bid amount, and offered a box marked ‘Maximum Bid Amount’ In this you can either key in the minimum required, or if you are prepared to set a limit put this in. You will only be charged the minimum required - and this will only increase if other bidders bid above the starting price.

You will be immediately asked online to confirm the bid - please double check as it is binding.

There will be a 17.5% Bidders premium on winning bids plus applicable tax (19.25% inc GST). 

For example, a hammer price of $100 will result in a charge of $117.50 (plus relevant tax, $119.25 and handling if required). If your bid is acceptable you will get a response on line and be emailed a confirmation. If you are outbid, you will receive an email advising of the new bid details and be given a link to try again if desired. The closing time applies if there hasn’t been a bid in the last ten minutes. After a ten minute lull the leading bidder will be advised of their success by email. We will follow up with an email confirming the relevant fee, mailing details and any handling / taxes required.

SO WHAT IS DIFFERENT ABOUT PARTICIPATING IN AN AUCTION ONLINE WITH SMA?

• In most cases, the Starting Price IS the reserve, so any bid means the item will be sold. This will be clearly marked. If there is a reserve which is not met, the highest bidder has the opportunity to negotiate with Legends
• The major change for you in bidding will be the introduction of a ‘Five-Minute Safety Zone’, whereby any bids received in the 5 minutes prior to the scheduled close will extend the auction until no further bid has been received for 5 minutes. (We still highly recommend you use the ‘maximum’ proxy bid if you cannot be by your computer at scheduled close and have a set limit in mind).
• Instead of the entire auction closing at the one time, each item in SMA auctions will close with staggered gaps. This innovation will ease the pressure on bidders who are interested in similar pieces ending in close proximity. 
• Whilst you can readily view the items, to bid on them you must be registered with SMA AUCTIONS ONLINE and logged in (full details on request).

You can search for items on the Home Page or browse items by category. To place a bid you must register for an account.