What does the antique auction rule mean?

Antique auction refers to the way of public bidding for precious antiques. Before the auction, it is necessary to identify antiques by professional institutions to determine their authenticity and value, and then attract buyers who are willing to buy through publicity and exhibition to participate in the auction. In the auction process, bidders need to bid according to the prescribed auction rules, and the highest bidder is the winner. At the same time, the auction house will also charge a certain service fee.

In antique auction, the professional level and reputation of appraisers are very important. Because there are many fake antiques in the antique market, if the identification is not accurate, it will cause complaints and disputes from buyers and even damage the reputation of auction houses. Therefore, a good auction house will hire experienced and high-quality appraisers to ensure accurate appraisal.

How to ensure the fairness and transparency of the transaction is also very important for the auction organizers. In order to improve the credibility and competitiveness of the auction, some auction houses will take various measures, such as public auction process, recording auction price and public auction results, to ensure the authenticity and fairness of the transaction. These measures can not only attract more buyers, but also improve the satisfaction and loyalty of buyers.