where unsold auction lots come to be sold
launching on march 31, 2019
Only auction houses with a 100% sell-through - that is, not a single unsold item - have nothing to gain from LastBid.
Everyone else can add extra earnings straight to their bottom line.
We’re keen to start a dialogue with those in the auction world to discuss how we could help, so please do get in touch.
“LastBid brings auction houses and potential buyers together after an auction has finished, offering unsold lots to a worldwide audience of interested bidders.
For auction houses, it’s a straightforward way of giving unsold lots a second chance, this time to many more clients worldwide. For buyers, it’s a simple, discreet method of making that 'last bid' to seal a deal, hence our name.
The contract between buyer and seller is strictly via the auction house. There is no extra cost to the buyer.
LastBid has negotiated arrangements with the leading auction houses of the world. Categories of items offered by LastBid auction partners range from Watches to Wine, Jewellery to Jaguars. Regular email newsletters and our insider’s blog keep LastBid users in the know on what’s happening in the market.
It’s as easy as one, two, three: Choose, Bid, Win.”
Peter Wallman