Practically speaking – is time saving and gives more flexibility:
You know in advance what the others' offers are - because it displays, before the actual auction, the current price that has been reached, depending on the others' previous online offers;
You are kept informed, through notification emails, if your offer has been exceeded, and you have the possibility to increase the offer promptly, by replying to the email;
The auction is by day! It basically starts at 12 o'clock, you can watch it live, bid (or defend your online pre-bids live) or you can participate from the office, among other things, answering the few emails regarding the status of the current price / exceeding your price of auction.
Auction is held without a Maitre Priseur – Artmark Live 2.0 algorithmically administers the auction bids precisely at clear and fixed intervals, thus eliminating dead times.
Regarding the image – there are not many changes.
The same online auction catalog (displayed online a few weeks before the actual auction): we enter the page of the lot we are interested in, we bid an amount (treated in the "proxy bidding" regime/according to the principle of maximum economy for the bidder, being used step by step), we are allocated the current auction price (called "current price") and we are confirmed by email: the fact of registering the bid and the increment we have won (either the starting price or an increment consecutively higher than the previous one). Obviously, to register an offer you must have previously opened and approved an online account. 2. And the same Artmark Live platform, which goes through the auction lot by lot, in the order of the auction catalog, but without the human presence of an Maitre Priseur, replaced by brief messages written in the window dedicated to the auctioneer's communications. Bidding is done using the same buttons as in the case of the already classic participation through Artmark Live, online, live, in the physical auction. Obviously, to participate in the online auction, you must have previously opened and approved an online account.
And the same Artmark Live platform, which goes through the auction lot by lot, in the order of the auction catalog, but without the human presence of an Maitre Priseur, replaced by brief messages written in the window dedicated to the auctioneer's communications. Bidding is done using the same buttons as in the case of the already classic participation through Artmark Live, online, live, in the physical auction. Obviously, to participate in the online auction, you must have previously opened and approved an online account.
Attention: the platform automatically sends notification messages, promptly, by email, regarding the confirmation of the bid registration, winning the auction bid, exceeding your bid, also the fact that the live auction for the number of lots for which you have registered bids is coming (only before the first lot you offered). Emails are sent to the email address declared when opening the online account - so you may want to update this email address (in your user profile - My Artmark/My A10).
For how the Artmark Live 2.0 platform works – see here.
For the rules that apply to the Timed Online auction – see here.
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