About the Buy or Bid Sale
In our BUY-or-BID sale, you never pay more than the Buy price.
From the catalog of this unique Buy-or-Bid Sale, you can buy or bid on hundreds of fine, rare paper items and you never pay more than the Buy price.
- Each lot has a Bid-Ask Spread, which defines the range between the minimum acceptable Bid and the Buy price.
- Bid on items in the sale and win them for less than the Buy price + a 20% buyer's premium.
- Purchase at the Buy price any time during or after the sale and enjoy 0% Buyer's Premium.
- Proxy bidding is available for those who wish to leave their maximum bid and let the system bid for them.
- The username of the leading bidder is shown for each lot, so there is no confusion as to who holds the highest bid.
- There are eight Buy-or-Bid sales per year. [See the agenda for 2024)
The most asked Questions and answers are below:
- The lowest amount in the BidAsk Spread is the minimum accepted price (Reserve) of the item.
- The item will sell at the end of the sale to the highest received bid within the BidAsk Spread.
- The Buy price - the highest amount in the BidAsk Spread can be paid any time during the sale, and the sale is immediately closed.
Purchase at the Buy price and enjoy 0% Buyer's Premium
If you bid below the BidAsk spread (Reserve), a label will show. Below Spread
- You have to increase your bid to become successful.
- Bids below the BidAsk Spread are usually not accepted by the sellers.
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However, the seller can lower his reserve to come closer to your bid, but the item only sells when the seller accepts your bid.
When the seller accepts such a bid, an email is sent to the bidder. - In the event the seller accepts an below reserve bid, a cancellation by the bidder must be made at the latest within 24 hours after the closing, or the item is automatically added to the invoice.
If you bid below the BidAsk spread, a label will show. Below Spread
- Bids below the BidAsk Spread (reserve) are usually not accepted by the sellers
- However, a seller can lower his reserve to come closer to your bid below the BidAsk Spread (reserve).
The bid increment gets larger as the bid price increases.
The minimal new bid amount is indicated on each item page.
$ 1 - $ 99 > $ 5
$ 100 - $ 199 > $ 10
$ 200 - $ 499 > $ 25
$ 500 - $ 999 > $ 50
$ 1,000 - $ 1,999 > $ 100
$ 2,000 - $ 4,999 > $ 200
$ 5,000 - $ 9,999 > $ 500
$ 10,000 - $ 19,999 > $ 1,000
$ 20,000 - $ 49,999 > $ 2,500
$ 50,000 - and up > $ 5,000
Note: A bid increment will go higher than the standard increment in two situations:
* To meet the reserve amount
* To beat a competing bidder's high bid
You don’t have to worry about sitting at your computer to track the bidding process until the closing. Proxy bidding takes the stress out of the bidding process, and you get the item at the lowest possible price.
How it works
- You can bid the maximum price you would be willing to pay for an item.
- If there are no other bidders on a lot, the winning bid is always reduced to the lowest amount as shown in the BidAsk spread.
- If another bid comes in, the software will place a new bid following the bid increment until the sale ends and you win or the price exceeds your set maximum.
- In case you want to increase the current bid amount with a proxy bid you simply enter the new bid amount. You will never bid against yourself.
- Your maximum bid is always confidential.
For example:
- if the BidAsk spread is $50 - 100 and you place a bid of $ 80, and no other bids exist, the high bid will be reduced to $50.
- If another person places a bid of $55, our proxy system will increase your bid to $60 since that is one increment above the other bid.
Purchase at the Buy price any time during the sale and enjoy 0% Buyer's Premium.
Illinois residents will be charged 7% sales tax on the hammer price, commission and shipping, unless we are provided a copy of an Illinois reseller's permit.
- If there has been a bid in the past 5 minutes, that individual item will remain open until there have been no bids received for 5 minutes.
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Put your bids in as early as possible and at least one minute before the closing.
Remember that internet connections can fail, and you need time for a second try. - My Buy-or-Bid Watch List is the best way to follow the closing of the sale. You can see all your winning and losing bids on one page.
- Unsold items are for another 24 hours available at the reserve price.
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If you have made a bid below the BidAsk spread, which is accepted by the seller, you may cancel your initial bid until 24 hours after the closing. Each such item is indicated, and you click the label :
When you want to keep the item at your initial bid, there is nothing you need to do. -
Visit the invoice section, invoices can be paid in US$ or Euros by most credit cards, PayPal, or direct bank transfer.
Read more about what happens after the closing.
- Defects in lots have been carefully noted.
- If there are no remarks regarding splits, tears, discoloration, etc., there are no issues to be found for the item!
- All items are carefully and personally examined before being packed "in-house" and shipped by UPS, USPS, DHL or registered mail.
- We do not sell reproductions.
- A certificate of authenticity is provided for each acquired item and can be downloaded from your invoice page.
- Certificates can be found in the Invoice and Certificates center.
- The invoices are in US$ and can be paid by most credit cards, PayPal, or wire transfer.
- European buyers can pay the invoice in Euros, against a conversion at a middle rare. Most credit cards, iDEAL or direct bank transfers in euros are accepted.
Shipping
Maps are shipped in solid tubes or flat between solid cardboard. Fully insured, signature required, and with online tracking. Shortly after shipment, you will get the tracking number by email.
The standard is that we ship items by UPS or DHL for European destinations, and a flat shipping fee is added to each shipment. It is a one-time fee even if you buy multiple items. This fee covers shipping and insurance (up to the invoice amount) to:
- North America, Canada, Europe $ 30
- Asia $ 40
- For South America, Mauritius, Africa and Australia a shipping fee of $ 50 will be charged.
We charge only a one-time shipping fee if you have won 2 or more items.
Hold Shipment Service
Rare Paper Sales allows you to put your shipping on hold at no additional charge. This can be incredibly convenient for people who want to buy several items at different auctions and ship them together. The service is free, and you pay only one shipment fee.
Contact us if you want to use the Hold Service.
The buyer conditions are laid out on the Buyer Terms page.
The terms for the seller are laid out on the Seller terms page.
- Among our 12.000 clients are collectors, museums, and dealers worldwide constantly looking for fine-quality merchandise.
- With Real-Time Bidding, collectors can participate in the Buy or Bid sale from anywhere in the world, bid, and make purchases easily and quickly from their computers.
- The items do not suffer from the wear and tear of being handled by hundreds of people during viewing days.
- If an item does not sell, there are no costs.
- Sellers can set a minimum reserve price - below which their item will not be sold.
- Our unique Buy-or-Bid system give sellers move freedom in accepting received bids.
A reserve price can be adjusted by the seller, during and up to 2 hours after the sale closes. - Together, New World Cartographic and Paulus Swaen have been in the map business for more than 60 years.
Let our experience help you in selling your items. Learn more [+]
1200 W. 35th Street, #425
Chicago, IL 60609, USA
tel. : (312) 496 - 3622
email :