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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.