How Auctions Work

When you place your bid prior to the sale, your highest bid will never be used unless other bidders drive the sale price to that level. Your bid will be reduced to one raise over the second highest bid received.

For example, if you bid $1000 on a lot, and the second highest mail bid received is $700, your bid on the auction floor will begin at $725. If there is floor competition, we will continue to bid on your behalf up to your top bid of $1000. If there is no floor competition, you purchase the lot for $725.

If you have further questions don't hesitate to contact Siegel Auction Galleries at 212.753.6421 and we will be glad to help guide you through the process.

Bidding Options

  • Bid by mail on the bidsheet provided in the catalog.
  • Bid by fax to our New York City office at 212.753.6429.
  • Bid via email with our electronic bidsheet provided Bid sheet.
  • Bid interactively at Stamp Auction Network prior to the start of the sale. You must be registered with the site. Click here to register.
  • Bid live on the internet during the sale by registering with Stamp Auction Network at least 24 hours prior to the start of the sale. Click here for easy instructions.
  • Bid prior to the auction by calling us at 212.753.6421 and place your bids personally with one of our helpful staff members.
  • Bid live on the phone during the auction if you are unable to attend the sale in person. Simply call us at 212.753.6421 prior to the sale to arrange for live telephone bidding.

Whichever method you choose, we are delighted with your participation in our auctions.

Good luck at the sales!