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How To Buy Books:
The simplest approach to purchasing is to
attend one of our "Pick" auctions! On the day of the auction, inspection of the books
begins at 3 p.m. at the B. P. Learned Mission located at 40 Shaw Street in
New London, CT. The auction begins at 6 p.m., and most auctions are over
by 8:30 p.m. For known customers, we will execute advance bids on their
behalf.
Wondering how a "Pick" auction works? Imagine a large
room with several tables piled high with books. Around part of the
perimeter of the room are empty tables on which a person's "picks," or
chosen books, are placed. These small groups of books, called lots, are
assigned a bidding number and are described briefly, for example as five
American history books, eight books of poetry with two signed, or one art
book. All bidders inspect these books prior to the start of the auction
and have the right to bid on them during the auction. The auction begins
with the first group of books (Lot 1) described, and bids asked for. All
bidding begins at $10 per lot.
The following information is printed on the back of
each bidding card and offers additional insight into how the auction
operates. |
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CFA
“PICK” BOOK AUCTION RULES
Welcome…Please read the following rules to this book
auction CAREFULLY:
- The tables in the center of the room are each
marked with a TABLE NUMBER. Different numbers represent different
consignments of books.
- You may choose up to 10 books to assemble a “lot”
from one or more tables with the SAME NUMBER providing they have a
similar theme. For example, up to 10 books on American history could be
one “lot”; 10 books on art could be a 2nd “lot, etc. NOTE: WE
RESERVE THE RIGHT TO SPLIT LOTS. For example, we might divide ten books on
history into two piles: 5 on American history and 5 on European history.
- Once you assemble a pile of up to 10 books from
tables with the same number, bring them to a staff member who will direct
you to the person assembling the 1st round of the auction. This
person will ask you what TABLE NUMBER the books came from and will
decide if your “lot” is acceptable or if it needs to be divided.
REMEMBER DIVIDING A LOT IS OUR DECISION NOT YOURS.
- If acceptable, your “lot” will be assigned a
number. Make a note of this number! When the auctioneer calls this number
tonight and describes the “lot” and calls for bids you should be prepared
to bid at least $10 for the “lot.” The highest bid is awarded the “lot”.
- You may assemble as many “lots” as you wish until
the staff closes the 1st round.
- When the 1st round of the auction is
completed, you will be invited to revisit the tables to assemble
additional “lots”. The same rules described earlier apply.
- Before the 2nd and final round of
bidding begins, ALL of the remaining books on each table will be sold as
one “lot”.
- The minimum bid is $10. If you are not prepared to
bid at least $10 on a “lot” then DO NOT bring it forward to place it up
for bid!
- Known customers may leave absentee bids that will
be executed by the auctioneer.
- Clearly hold up that bidding number so the
auctioneer understands you are interested in a “lot.” If the auctioneer
misses your bid and sells the “lot” to another person you are out of luck.
It is your responsibility to indicate your interest in purchasing a book
or books.
- CT SALES TAX of 6% is charged on all sales unless
you have a tax resale number on file with us. In addition, a 12% BUYERS
PREMIUM is accessed on all sales.
- CHECKS OR CASH ONLY…NO CREDIT CARDS OR CREDIT
EXTENDED…ALL SALES ARE FINAL…DO NOT BID ON AN ITEM UNLESS YOU ARE SURE YOU
WANT TO OWN IT!!!!
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