Bidding Process Bidding Process

With a team of world-class specialists, we are building reputation for a personable and professional service that is unrivalled within numismatics. We cater to the needs of the entire numismatic spectrum - from the lifelong collector to the first-time buyer. Our specialists are here to offer help and advice every step of the way.

We currently hold the largest and most diverse numismatic stock covering all areas, geographically and chronologically, of numismatics. All payments made through our website are secured, so every time you place an order you can be assured that your details are subject to the highest security available.

All our items are sold with lifetime money-back guarantee. In case of disputes, we stand committed to seek advice of reputed experts in the field, and seek a quick and impartial resolution. Our prices are competitive and reflect market trends at their best. We also offer our goods identified and attributed using the best and most standard professional reference books.

Following are the steps to be followed for buying on our site:

  1. User Registration: Only registered Bidders can bid for items in Imperial Auctions, hence prospective buyers need to register in advance before the start of the auction to bid on the auction floor.
  2. Catalogue: Get a copy of the published catalogue or see it online. Here each lot is described in detail with an estimate of its current value. Prospective buyers can now decide their items of interest.
  3. Bidding: The buyer bids online or on floor (for printed auction) and the highest bidder wins the item. places an estimate and an opening bid for each lot. These estimates are intended as a guide. Generally, our opening price is at the lower estimate. Our auction software will execute bids on your behalf based up to your maximum bid limit. Bids will be executed at one bidding increment over the next highest bid according to the following increments:
    Sr No From Amount To Amount Increment By
    1 Rs. 1 Rs. 1,999 Rs. 100
    2 Rs. 2,000 Rs. 2,999 Rs. 200
    3 Rs. 3,000 Rs. 4,999 Rs. 300
    4 Rs. 5,000 Rs. 9,999 Rs. 500
    5 Rs. 10,000 Rs. 19,999 Rs. 1,000
    6 Rs. 20,000 Rs. 29,999 Rs. 2,000
    7 Rs. 30,000 Rs. 49,999 Rs. 3,000
    8 Rs. 50,000 Rs. 99,999 Rs. 5,000
    9 Rs. 1,00,000 Rs. 1,99,999 Rs. 10,000
    10 Rs. 2,00,000 Rs. 2,99,999 Rs. 20,000
    11 Rs. 3,00,000 Rs. 4,99,999 Rs. 30,000
    12 Rs. 5,00,000 Rs. 9,99,999 Rs. 50,000
    13 Rs. 10,00,000 Rs. 19,99,999 Rs. 1,00,000
    14 Rs. 20,00,000 Rs. 29,99,999 Rs. 2,00,000
    15 Rs. 30,00,000 Rs. 49,99,999 Rs. 3,00,000
    16 Rs. 50,00,000 Rs. 100,00,000 Rs. 5,00,000
  4. Payment(Billing): The bidder is presented invoice after completion of auction by email, post or online in site. The buyer can chose to pay at our counter immediately after auction or later by acceptable payment method and receive the method by agreed way.

Buyers can purchase from us through any of the following formats.

  • Printed Auction: This is a hybrid format of both online and floor bidding. Online bidding ends few hours before the floor bidding. The highest bidder on the floor wins. For the benefit of those who can’t attend the floor bidding, we offer live bidding. Using this feature, you will be able to view latest bidding and also bid online.Alternatively, registered users can send in Absentee Bids by filling either the online Bid Form or sending the Postal Bid form by mail or fax to our office, or by simply writing to us with your registration details.
  • e-Auctions: This is pure Online auction format where the bidding ends at exact specified time and the highest bidder online wins the item
  • e-Store: This is a fixed price store where buyer can just add item to the shopping cart and complete payment

Following are the latest technical features we are offering for passionate collectors:

  • Watch List Alerts: Add your favorite items from auctions to your watch list and set reminder when you want to receive the alerts and you will receive alerts by email and SMS.
  • SMS Alerts: When you are outbid on any item or any watch item is ending soon, you will receive alert by SMS.
  • Search Alerts: If you are looking for a particular item, you can add to Search criteria and can set for alerts. Whenever there is any matching item, system will send you alerts