How bidding works.
- 01
Approval
Create an account and add a payment method. Bidders are approved before their first bid is accepted; identity verification through a government ID raises bidding limits, and lots above the published thresholds require it.
- 02
Bidding
Auctions run for seven days on standardized increments. You set a maximum and the house bids on your behalf, only as much as needed to keep you in the lead — your maximum is never disclosed. Any bid in the final two minutes extends the lot by two minutes; there is no advantage to last-second bidding.
- 03
Invoice
If you win, an invoice issues at the close of the sale: hammer price plus the buyer’s premium (5%, minimum $250, maximum $5,000). Payment is due within 48 hours — card to $5,000, wire or ACH above.
- 04
Delivery
The consignor ships after payment is captured. High Run can coordinate shipping, and a hard case is required for lots valued at $5,000 or more.
- 05
Settlement & protection
Your funds are held by High Run until delivery is confirmed and the review window closes. You have three business days from confirmed delivery to file a materially-not-as-described or authenticity claim, reviewed against the catalog record. See the Auction Standards.