Page 7 - Sidharta Auctioneer

The lots are auctioned in consecutive numerical order with video image or any manner of display we consider
appropriate. Bidding is done in Indonesian Rupiah in incremental price increase. The auctioneer accepts bids from

those present in the saleroom, from telephone bidders, or by absentee bids left with us in advance of the Auction.

Bidding Increments

Bidding generally opens below the low estimates and progresses in the following increments:

Rp100.000,-to Rp 500.000,- by Rp 50.000,-

Rp500.000,- to Rp 2.000.000,- by Rp 100.000,-

Rp2.000.000,- to Rp 3.000.000,- by Rp 200.000,-

Rp3.000.000,- to Rp 5.000.000,-by Rp 300.000,-

Rp5.000.000,-to Rp 10.000.000,- by Rp 500.000,-

Rp10.000.000,- to Rp 20.000.000,- by Rp 1.000.000,-

Rp20.000.000,- to Rp 30.000.000,- by Rp 2.000.000,-
Rp30.000.000,-to Rp 50.000.000,-by Rp 3.000.000,-

to RpRp 50.000.000,-by Rp5.000.000,-100.000.000,-

The auctioneer may change the increments duringthe course of the Auction at his or her discretion.

Bidding in person
To bid in person at the Auction, registered bidders should collect their numbered paddle before the Auction begins.

Proof of identity and registration will be required to collect paddles.

The paddle is used to indicate your bids to the auctioneer during the Sale. Successful buyers of any lot should

ensure that their paddle is visible to the auctioneer and that it is their number that is called out as the successful

bidder. Should there be any doubts as to price or buyer, the bidder should draw the auctioneer’s attention to it

immediately. All lots sold will be invoiced to the name and address in which the paddle has been registered and
cannot be transferred to other names and addresses.

Please do not mislay your paddle; in the event of loss please inform the sales clerk immediately. At the end if the

Sale, please return your paddle to the registration desk.

Absentee Bids

Prospective buyers who are unable to attend the Auction can submit absentee bids using Written Bid form that can
be found on page 79 of this catalog. This service is confidential. Absentee Bids can be in the form of a Written Bid

or Telephone Bid. The Absentee Bid type should be indicated on the form.

Absentee bids must be confirmed before the Sale by letter. To ensure satisfactory service to bidders, please ensure

that we receive your bids at least 24 hours before the Sale.

E-mail for bids : info@sidharta-autioneer.com or info@sidharta.co

Written Bids

Prospective buyers who would like to entrust Sidharta Auctioneer to execute bids on their behalf can place a

written bid (“Written Bid”). In the Written Bid form, the lot number and description of the item should be specified

and the top limit —the highest price which you would bid if you were attending the Auction yourself (“Top Limit”)

— should be specified, althought there is no minimum set as Top Limit of Bid it is recommended that the bids are at

least equal to the low estimate. Unlimited or unspecified bids such as instructions to “buy” will not be accepted.
Although the Top Limit is denoted, lots will always be bought as cheaply as is consistent with other bids and the

reserves. In the case of identical bid limits, the earliest bid received will take precedence.

5