Live Auction Archives - Thomaston Auction

Have you ever wondered, "how do live auctions work?" or "how do I participate in a live auction near me?"

The Auction

For those who have never participated in a live auction, it can seem a bit overwhelming at first.

The fast-paced bidding, the auctioneer's chant, and the excitement of the competition might feel intimidating.

But fear not!

With a little preparation and understanding, you can confidently step into the world of live auctions and even walk away with some incredible finds.

What is a live auction? A live auction is an event where items are sold to the highest bidder in real-time. Participants gather, either in person or online, to place their bids on various lots—items or groups of items up for auction. An auctioneer facilitates the event, calling out bids and managing the flow of the auction. The auction progresses quickly, with bidders raising their paddles or clicking online to indicate their interest and bids. The highest bid at the fall of the auctioneer's hammer wins the item.

A lot of new auction participants wonder what do do if they can't attend the live auction on site. This is where phone and absentee bidding come in.

What is phone bidding? When phone bidding, a staff member will call just before your item is up, so you can bid in real-time through the staff member over the phone.

What is absentee bidding? Absentee bidding lets you place your maximum bid in advance, with an option for a +1 increment to outbid others if there's a tie at your highest bid.

Both methods ensure you can participate in the auction even if you can't attend in person. Of these two options, we recommend phone bidding. It gives you the best opportunity to be the highest bidder since you'll know in real time if you've been outbid and can decide if you want to bid higher.

This guide will walk you through everything you need to know about bidding at Thomaston Place Auction Galleries, from registration to winning strategies, so you can bid with confidence and success.

Four Options to Bid

    In-Person Bidding

    Visit our front desk to register. Fill out your contact information and receive a bid card with your paddle number for the auction.

    Phone Bidding

    Recommended for those who can't attend in person

    During the live auction, we will call you just before your item is up, allowing you to bid in real-time through one of our staff members acting as your agent. Download, complete, and return the registration form.

    Absentee Bidding

    Provide information on the lots you want to bid on and the highest bid you are willing to place. Indicate if you would like a +1, which allows the agent to go up to the next increment if there is a tie at your highest bid. Download, complete, and return the absentee bid form.

    • What is a Buyer's Premium and how much is it? The Buyer’s Premium is a fee paid by the buyer to the auction house, calculated as a percentage of the final bid price or “hammer price.” This is a standard practice among auction houses.
    • Thomaston Place takes pride in offering one of the lowest buyer's premiums among esteemed auction houses.
    • All bids placed through in-person, phone, or absentee bidding have a discounted 20% Buyer’s Premium, whereas online bids add an additional 5% to the Buyer's Premium to account for the added cost of the bidding platform. Therefore, we always encourage our guests to bid using in-person, phone, or absentee bidding.

    Online Bidding

    We offer the ThomastonLive app (Apple App Store, Google Play) and website for easy, convenient, and secure online bidding. You can place bids ahead of time or join the live-streamed auction on the appointed day to bid live.

    Create an Account for Online Bidding

    Visit our website to create a new account. Follow the steps to set up your account. We will process your registration within a few days and email you with your initial bid approval amount, which may appear on your profile as “Pending Bidder Approval.”

    Place a Bid

    Log in to your account, explore the auction, select the item you wish to bid on, click “Leave Bid,” and complete the bid details.

    Please note when registering to bid online

    • If you are a first-time bidder or plan to place high-value bids, you may need to provide additional information for approval. This process ensures the security and integrity of the auction. Approval amounts vary, and we will notify you of any required steps during the registration process.
    • All online bids have a 25% buyer's premium. The buyer pays this fee to the auction house, calculated as a percentage of the final bid price or "hammer price."
    • If you later decide to come into the gallery and bid in person, stop by the front desk to fill out an in-person registration form and receive a new paddle number connected to the discounted in-person 20% Buyers Premium.
    • Please be aware that if you place bid online and through our front desk on the same lot numbers, you may be bidding against yourself! Please decide one form of bidding for each lot that works best for you.

    Winning Bids and Payment

    If you are the highest bidder when the auctioneer's hammer falls, you will receive an invoice detailing the final bid amount, buyer’s premium, and applicable taxes. Provide payment in person, by mail, by wire transfer (required for invoices over $25,000), or online using our secure payment portal.

    Sales Tax

    Sales tax depends on how you receive your lot(s). We add a local Maine state sales tax of 5.5% for items picked up at the gallery. If you are shipping, we add the local sales tax associated with your shipping address instead. Tax exempt individuals should provide a copy of their Resale Certificate.

    Item Collection and Shipping

    Once you make the payment, schedule a time to pick up at our gallery. If you require shipping, email our Shipping Department. We offer professional packing and shipping services at the buyer's expense.

    Download Our App!

    Follow our auctions and bid anywhere using the ThomastonLive app. It's free, secure, and convenient.

    Download on Apple App Store or the Google Play Store.

    Tips to Win at a Live Auction

    • Do Your Homework: Research the items you’re interested in. Know their value, history, and condition. This will help you make informed decisions and set a realistic budget.

    • Set a Budget and Stick to It: Decide on the maximum amount you’re willing to spend on each item and stick to it. This prevents overspending in the heat of the moment.

    • Register Early: Ensure you complete your registration well in advance to avoid any last-minute issues. This applies to all forms of bidding—whether in-person, phone, absentee, or online.

    • Arrive Early: If bidding in person, arrive early to familiarize yourself with the auction environment and review the items on display. You can also reserve a seat by calling 207-354-8141.

    • Stay Calm and Focused: Auctions can be fast-paced and exhilarating. Stay calm, keep your emotions in check, and bid confidently.

    • Use Bid Increments Wisely: Understand the bidding increments and use them to your advantage. Sometimes a small increase can secure your desired item.

    • Be Aware of Competing Bids: Whether bidding online or in person, be mindful of other bidders. Understanding your personal comfort level and objectives will help you know when to step back and stay within your budget.

    Summary

    Participating in a live auction can be an exhilarating and rewarding experience. Follow the tips and guidelines in this article to prepare yourself to navigate the auction process confidently and successfully. Remember to do your research, set a budget, and stay calm and focused during the auction. If you have any questions or need further assistance, please contact us at Thomaston Place Auction Galleries. Our friendly staff is always here to help.

    For any questions, feel free to call us at 207-354-8141.

    Experience the Legacy of Dan Fogelberg

    Thomaston, ME – On June 28, 29, and 30, 2024, Thomaston Place Auction Galleries will offer a remarkable selection of items from the Deer Isle, ME estate of the late musician Dan Fogelberg (1951-2007). This exclusive auction presents a unique opportunity to own a piece of Fogelberg’s eclectic collection, reflecting his diverse artistic tastes and rich life experiences.

    “We're honored to have the opportunity to handle Fogelberg’s amazing collections from his home in Maine.”  

    Kaja Veilleux, Thomaston Place owner and auctioneer

    Fogelberg, renowned for hits like “Same Old Lang Syne,” “Leader of the Band,” “Longer,” and “Run for the Roses,” was a versatile multi-instrumentalist. He achieved great success with seven platinum albums and was inducted into multiple halls of fame, including the Colorado Music Hall of Fame in 2017. Fogelberg's deep connection to Maine is immortalized in his song “The Reach,” a beloved tribute to the state's coastal life.

    Highlights of the Auction

    The auction will feature a wide array of exquisite items, including:

    About Thomaston Place Auction Galleries

    Thomaston Place Auction Galleries is Northern New England’s premier international auction company, known for discovering antique and fine art treasures. The gallery offers free appraisals each Tuesday, organizes fundraising events for civic and charitable organizations, and provides house call appraisal services. Their expertise in antiques and fine art has earned them a stellar reputation among buyers, collectors, and experts worldwide.

    How to Bid In A Live Auction

    Bidding in the live auction is accessible and convenient for everyone. You can participate in live in-person bidding at the Gallery, or opt for remote bidding options such as telephone, absentee, or online bidding. To place a bid online, visit www.live.thomastonauction.com and register for an account. Once registered and approved for bidding, browse the virtual catalog, choose the items you're interested in, and select your bid. Feel free to call 207-354-8141 with anu auction or bidding questions.

    We are excited to have you join our upcoming auction! Here’s a quick guide on how you can participate in the bidding process:

    1. Phone or Absentee Bidding (Recommended):

    • In Person Registration: Visit our front desk to register for phone or absentee bidding.
    • Register By Email: Complete the registration form, then either scan or take a photo of it and email it back to us. Alternatively, you can call us at 207-354-8141 to provide the necessary information over the phone.
      • Phone Bidding: Choose your desired lots and specify your highest bid amount. During the live auction, we will call you just before your item is up for bid, allowing you to bid in real-time through one of our staff members acting as your proxy.
      • Absentee Bidding: If you can’t attend the live auction, our staff will bid on your behalf based on your provided preferences.
      • In-Person Visits: You are also welcome to visit the Gallery in person during the auction dates to experience the event firsthand and get assistance with your bids. Visiting us during the auction preview to register will save time on the day of the action and ensure you are registered and approved well in advance.

    Please Note: The buyer's premium for bids placed through the front desk is 20%.

    2. Online Bidding:

    • Creating an Account: Visit this page to create a new account.
    • Registration: Follow the steps to set up your account. We will process your registration within a few days and email you with your initial bid approval amount.
    • Placing a Bid: Log in to your account, explore the auction, select the item you wish to bid on, click “Leave Bid,” and complete the bid details.

    Please Note: The buyer's premium for online bids is 25%, which includes the cost of the online bidding platform.

    If you have any questions or need further assistance, please call us at 207-354-8141. Here's a direct link to the items from the Dan Fogelberg Estate.

    Thomaston Place Auction Galleries Live Auctioneer’s Auction Highlights:

    If you're searching for an "estate auction near me," look no further! Thomaston Auction Place Galleries' first major sale and live auction of the summer will feature amazing collections of fine art and decorative rarities, including items from the Maine estate of songwriter and singer Dan Fogelberg (1951 - 2007). Fans of Dan Fogelberg songs will appreciate the unique opportunity to own a piece from his personal collection, making this estate auction even more special.

    Additionally, we will have many important pieces from the Weston Priory (VT) archive of ceramics created by Brother Thomas Bezanson (1929-2007) while he was part of the monastic community between 1959 and the early 1980s.

    To kick off the weekend auction, on Friday, June 28 we will present excellent selections of weapons and militaria, decoys, sports memorabilia & ephemera, toys, Japanese artifacts, and jewelry.

    The live weekend auction continues on June 29. On Saturday the auction will include early paintings & sculpture, pre-Victorian furniture, Native American antiques, marine items, and Chinese artifacts.

    And on the final day of the weekend, Sunday, June 30 we will offer a nicely curated group of fine art and decorative items from the 1850s through the 20th Century.

    Live Auction Weekend Highlights:

    · Cheyenne Native American 1870s fringed and beaded war shirt

    · Steinway & Sons Model B grand piano

    · Pair of 19th Century Blackamoor carved fantasy armchairs

    · Circa 1910-25 double flag stargazer carousel horse by Parker Company

    · Grand Tetons painting by Albert Bierstadt (1830-1902)

    · LC Smith Crown Grade SxS 12-gauge shotgun

    · Tiffany & Co. gold chalice

    · Bronze sculpture by Bessie Potter Vonnoh (1872-1955)

    · 1980 Moto Guzzi Le Mans CX 100 motorcycle

    · 18K gold bracelet with cabochon amethyst by Mario Buccellati

    How to Participate in the Auction:

    Participating in a live auction at Thomaston Place Auction Galleries is straightforward and accessible, whether you are a seasoned bidder or a newcomer, even if you aren't in Maine that weekend.

    Here's how you can join in:

    1. Registration: Before you can bid, you need to register. You can do this in person at the Gallery in Thomaston, Maine, online through our website, or by phone. Make sure you have a valid ID and payment information ready.
    2. Preview: We offer a preview period where you can inspect the items in person. For this auction, the preview timings are as follows June 15 - 27th, 2024: Saturday 12-4 pm, Monday-Thursday 9 am-4 pm. This is a great opportunity to see the items up close, register to bid and ask any questions you might have so you can bid with confidence. If you can't visit the Gallery, you may contact us to ask questions about specific lot items.
    3. Bidding Options: You can participate in the auction in several ways:
      • In-Person: Join us at the Gallery on the auction day. Our staff will assist you with the bidding process. Visiting us during the auction preview to register will save time on the day of the action and ensure you are registered and approved well in advance.
      • Online: Bid live in the auction from the comfort of your home through our online platform. Ensure you are registered and logged in before the auction begins. You are also able to place your bids in advance from the online platform.
      • Phone Bidding: Arrange to bid by phone with one of our staff members. This can be done by contacting us ahead of the auction. Our staff will call you just before your desired lot is up for bid and allow you to bid in real time over the phone.
      • Absentee Bidding: If you can't attend or be on a call during the auction, you can place an absentee bid. Submit your maximum bid in advance, and our auctioneer will bid on your behalf.
    4. Payment and Collection: If you win an item at the live auction, payment can be made by credit card, check, or wire transfer. After payment, you can collect your items in person or arrange for shipping. We offer assistance with packing and shipping to ensure your items reach you safely. We recommend obtaining a shipping estimate in advance to avoid any surprises in cost. Our team at the auction gallery can assist you with packing and shipping arrangements to ensure your items are delivered safely and efficiently.

    Thomaston Place Auction Galleries is committed to providing an enjoyable and transparent weekend auction experience. Whether you're looking to acquire unique art pieces or rare collectibles, our team is here to help you every step of the way. Happy bidding!

    207-354-8141
    Business hours are 9 am to 5 pm (eastern time) Monday–Friday.
    Mail
    Thomaston Place Auction Galleries
    PO Box 300
    Thomaston, Maine 04861
    Visit
    51 Atlantic Hwy
    Thomaston, ME 04861
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