A live auction can be intimidating. In truth, though, a live auction can be easier to navigate than an online one, and you may even stand better odds of winning. Take, for example, an auction that was recently held in New York City.
Serious bidders are hard at work in the days before the auction.
Four days before the sale, Doyle opens its galleries for inspection. She planned to return the next day and bid on all three lots. But a practiced buyer takes projected estimates with a grain of salt. Most sellers place a reserve price on their items, and if bidding doesn't reach the reserve, the item is withdrawn. At home that night, Tate reviewed her strategy for auction day.