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2011 WYES Art CollECtion tWElvE

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NOTICE TO ALL BIDDERS<br />

If you wish to know when a particular item will be<br />

presented, the information will be available as of Friday,<br />

June 10, <strong>2011</strong>. Please contact the Auction Office at 504-<br />

483-8487 if you would like a list faxed or e-mailed to you.<br />

They will also be available for pick up at the station.<br />

ADVANCE BID PROCEDURE<br />

Advance bids will be accepted at the pre-air exhibition<br />

and on-line until airtime the day the item is sold.<br />

All bidders are advised to bid as early as possible.<br />

In the event of identical bids, the earliest advance bid<br />

received will take precedence. All bids will be marked<br />

with the date and time of receipt.<br />

A separate bid form must be used for each item on<br />

which you bid.<br />

The item number is listed in the catalogue. For item<br />

description, please use “on-air title” as listed in the<br />

catalogue.<br />

The amount bid must be in whole dollar amounts.<br />

Please note the “estimated value.” Advance bids will<br />

be accepted only if the amount of the bid is at least<br />

50% of the estimated value. When you place your<br />

advance bid, it is advisable to bid the highest amount you<br />

are willing to pay. All advance bids must be guaranteed by<br />

a credit card at the time of submission. NO ADVANCE<br />

BIDS WILL BE EXECUTED UNLESS SECURED BY<br />

THIS METHOD.<br />

Advance bids will be executed on your behalf by a<br />

Proxy bidder in competition with the on-air and in-studio<br />

bidding. Items are bid for the absentee bidder by the<br />

Proxy as though the bidder were in attendance personally<br />

and will be bought for the lowest possible price, which<br />

may be below the bid placed. This service is confidential,<br />

the Auctioneers are not privy to said information, and is<br />

offered as a convenience to persons who cannot attend<br />

the sale. In the event that the advance bids are in excess<br />

of the floor bids, the proxy for the highest bidder will bid<br />

one progression above the second highest bid to obtain the<br />

article for the bidder.<br />

<strong>WYES</strong> will not be responsible for errors or failure to<br />

execute bids.<br />

If you are viewing and it appears that your advance bid<br />

will be surpassed, call the bid number on you television<br />

screen immediately and ask for the person executing the<br />

advance bids if you wish to increase your bid.<br />

If your advance bid is the highest bid, you will receive<br />

a confirming telephone call. Unless you can be reached<br />

to make other arrangements, the item will be charged to<br />

the credit card number supplied with your advance bid. A<br />

listing of the on-air schedule will be available Friday, June<br />

10 in order for the bidder to ascertain when each piece is<br />

scheduled to be sold.<br />

ON-AIR BID PROCEDURE<br />

Bidding is done by phone and from the live bidding<br />

audience.<br />

Each item being offered will be described, including the<br />

item number and on-air title. If you see an item on which<br />

you wish to bid, immediately dial the number displayed<br />

to initiate the bidding procedure. The operator must take<br />

your information before you are allowed to bid.<br />

One of our volunteer operators will answer your call.<br />

Bidders must be 18 years of age or older to bid. They will<br />

take your name, address, and phone number. Occasionally,<br />

you must hang up and allow the volunteer operator to call<br />

you back so that you may participate in the bidding. To<br />

make a bid, give the item number and the on-air title.<br />

The operator will tell you the current highest bid.<br />

There are 10 other phone bidders, a proxy bidder and live<br />

audience bidders that you are potentially bidding against.<br />

In the event of two identical bids, the Auctioneer reserves<br />

the right to determine which bid he or she considers first.<br />

If you are the high bidder, a confirmation operator will<br />

call you within one hour of the item’s sale to give you<br />

instructions for picking up and paying for your item.

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