An ancient and elementary form of commerce, auctions have long been the best way to establish the value of unique and rare items.
Today, modern innovations enable us to celebrate auctions online in real time allowing you to participate from anywhere in the world.
Who can attend HIGH SOCIETY Auctions?
All of HIGH SOCIETY Auctions are celebrated online. HIGH SOCIETY Auctions are completely free and there is no obligation to bid.
In order to acces, view details and bid in any of our active Auctions, you will be required to create a JERZY DROZD Account. Once your MY JERZY DROZD BASIC account t is created, upgrade to a MY JERZY DROZD PREFERRED account by editing your profile and filling in the fields under MY JERZY DROZD PREFERRED. You will be asked to provide your full name, address and contact details including telephone, email along with your Date of Birth.
If you cannot or do not wish to attend an online auction you can place an Absentee Bid. The auctioneer will bid on your behalf. For this write an e-mail to customer.relations@jerzydrozdbasses.com. Please note that you will be asked to provide the same data as other bidders online. To ensure transparencyand protectthe rights of ourbidders, only identified and registered users can acces JERZY DROZD HIGH SOCIETY Auctions.
Absentee Bid
A method of bidding for those who cannot or do not wish to attend an auction. The auctioneer will bid on behalf of the absentee bidder.Absentee bids may be placed by addressing customer.relations@jerzydrozdbasses.com, providing the same data as other bidders.
How does bidding work?
The auctioneer starts the bidding. The clock runs in reverse indicating the time and date that the auction will close for bids. Incrementally higher bids will be accepted until a sole bidder remains. This final bidder purchases the JERZY DROZD Creation.
However, on ocassion a reserve price is agreed. If the bidding fails to reach the reserve price, the JERZY DROZD Creation will pass unsold.
Reserve or Reserve Price
Never formally disclosed, the reserve price is the confidential minimum price agreed upon between the consignor and JERZY DROZD. Reserves must be set at or below the low estimate, and if bidding ends before the reserve is reached, the property will not be sold.
Consignor
The owner who is transferring property to JERZY DROZD to act as agent on his or her behalf for sale.
What types of auctions does HIGH SOCIETY hold?
HIGH SOCIETY auctions generally comprise JERZY DROZD Creations of great rarity or value - for example, the very own JERZY DROZD instrument of a prestigious artist -. Occasionally, however, HIGH SOCIETY offers other JERZY DROZD creations - as exhibition creations or never used instruments.
Payment
- An invoice (the hammer price plus the buyer's premium)
- Payment instructions
- Shipping information
Payment is due within seven days after the auction.
We accept wire transfer and online payment by credit card.
Successful bidders must log in to their JERZY DROZD account to pay privately via credit card.
We would like to remind our bidders that JERZY DROZD does not accept payment from third parties. The Account Name and Address you provided during Registration will appear on the invoice for your acquisition. Please check that the details are correct.
Hammer Price
The winning bid for a lot at auction. It is the price upon which the auctioneer's hammer falls, determining the sale price, but does not include the buyer's premium.Consignor
The owner who is transferring property to JERZY DROZD to act as agent on his behalf for sale.
Buyer's premium
Buyer’s Premium is the amount above the hammer price that is paid as part of the total purchase price. Buyer's Premium is the sum of shipping and insurance fees, no extra charge is added. So it results in a very modest increase in the amount paid by the successful buyer of an item at auction. As always, JERZY DROZD strives to manage its costs closely and minimize the impact of these additional fees on our clients while remaining competitive and maintaining our commitment to exceptional client service.
Certificate of Origin
When you acquire JERZY DROZD HIGH SOCIETY Creation you are immediately inscribed on the Certificate of Origin and JERZY DROZD archives as the legitimate proprietor of the JERZY DROZD Creation, without paperwork or extra costs. You will also become a JERZY DROZD client, enjoying the same exclusive advantages that our JERZY DROZD clients enjoy.
The name and surname of the legitimate proprietor that will be set in the Certificate of Origin will be those with which you registered your JERZY DROZD PREFERRED ACCOUNT. If you are acquiring the JERZY DROZD HIGH SOCIETY Creation as a gift or on behal of another person, please indicate this in the CERTIFICATE OF ORIGIN field of your JERZY DROZD PREFERRED ACCOUNT.
HIGH SOCIETY Guarantee
Each JERZY DROZD HIGH SOCIETY benefit for a minimum Three years HIGH SOCIETY Warranty.
Beside this, JERZY DROZD house presents you with one year of complimentary routine care. These services will be carried out by master Jerzy Drozd during the first year after the acquisition of your JERZY DROZD HIGH SOCIETY Creation.
SHIPPING
Client's confort is one of our leading priorities, JERZY DROZD will arrange packing and shipping for you.
Property is shipped to the address you provided during your registration process.
Who can help me?
Buying in HIGH SOCIETY Auctions is simple. Should you need any assistance, please address customer.relations@jerzydrozdbasses.com, one of our Client Advisers will assist with your enquiry. If you are interested in possibly selling through HIGH SOCIETY, please contact the above address also by e-mail.
➻ Step 1: REGISTER TO BID
To access HIGH SOCIETY Auctions, users are required to have a MY JERZY DROZD PREFERRED account.
If you already have a MY JERZY DROZD BASIC account, log in to your account and edit your profile filling in the fields under MY JERZY DROZD PREFERRED account.
Once these fields are completed, your user account will become a MY JERZY DROZD PREFERRED account.
If you do not have a JERZY DROZD user account, you will be prompted to create one. filling in the fields under MY JERZY DROZD BASIC and MY JERZY DROZD PREFERRED.
Now that you have a MY JERZY DROZD PREFERRED account, you are able to acces, view details and bid in any of our active Auctions.
➻ Step 2: ACCES THE AUCTION
Click the AUCTION button below the HIGH SOCIETY Creation description
➻ Step 3: BID
You are now into the salesroom. The auction has started. The clock runs in reverse indicating the time and date that the auction will close for bids. You can bid until the auction is closed. Incrementally higher bids will be accepted until a sole bidder remains. This final bidder purchases the JERZY DROZD HIGH SOCIETY Creation.
Glossary of terms
Find below a brief glossary of terms to familiarise yourself with the language of auctions.
Absentee Bid
A method of bidding for those who cannot or do not wish to attend an online auction. Absentee bids may be placed by addressing customer.relations@jerzydrozdbasses.com, providing the same data as other bidders.
Auctioneer
A professional who presides over the auction. The Auctioneer starts the bidding and also determine when the highest bid has been made. If a work sells, the auctioneer announces, "Acquired". If the item does not meet its reserve or there are no bidders, the auctioneer signifies this with a "Not acquired".
Bid
The amount a prospective buyer signals the auctioneer he/she would pay to buy the lot during bidding.
Bid Increment
The amount by which the auctioneer increases the bidding.
Bought-In
If there are no bids on an item, or if bidding does not reach the reserve price, the lot is "bought in", meaning it is left unsold and remains the property of the owner.
Buyer's premium
Buyer’s Premium is the amount above the hammer price that is paid as part of the total purchase price. Buyer's Premium is the sum of shipping and insurance fees, no extra charge is added. So it results in a very modest increase in the amount paid by the successful buyer of an item at auction. As always, JERZY DROZD strives to manage its costs closely and minimize the impact of these additional fees on our clients while remaining competitive and maintaining our commitment to exceptional client service.
Consignor
The owner who is transferring property to JERZY DROZD to act as agent on his or her behalf for sale.
Fair Warning
A warning sometimes given by the auctioneer that the hammer is about to come down on a lot. The fair warning offers one last chance to increase the bidding. If there are no subsequent bids, the auctioneer's hammer falls and the sale is completed.
Hammer Price
The winning bid for a lot at auction. It is the price upon which the auctioneer's hammer falls, determining the sale price, but does not include the buyer's premium.
Pass/Unsold
Terms used by the auctioneer when an item fails to reach its reserve at auction.