Clients who wish to bid on Chinese Painting and Calligraphy, are required to deposit RMB ONE MILLION (RMB 1,000,000) and obtain a shape paddle. The
shaped paddle is also valid for bidding on auction lots of other categories, except stamps, coins, banknotes items.
For Chinese Oil Painting and Sculptures, Porcelain, Furniture and Works of Art, Rare Books and Manuscripts, Jewellery and Jadeite auctions, clients must submit a deposit of RMB FIVE HUNDRED THOUSAND (RMB 500,000) and obtain a square shape paddle, for bidding registration.
For Wine items RMB ONE HUNDRED THOUSAND (RMB 100,000) deposit is required, and required to obtain a special bidding paddle.
For Stamps, Coins, banknotes RMB TWO HUNDRED THOUSAND (RMB 200,000) deposit is required, and required to obtain a special bidding paddle.
For first time bidder, after the review and approval by our company, the client shall go through bidding registration formalities with effective identity documents and receive the bidding paddle after paying double bidder deposit.