PTS ANNOUNCE FIRST EVER STAMPEX AUCTION TO LAUNCH AT STAMPEX AUTUMN 2022
The Philatelic Traders' Society are delighted to announce the first ever Live Auction at Stampex will go ahead for Stampex Autumn 2022. We are inviting auction houses from around the world to tender to be the Stampex Live Auction Partner.
How it works: 1. Place your tender below by the midday (London) on 31st January 2022. 2. Auction Houses must be PTS Members. Applicants do not need to be a Stampex Stand Holder. If you are a non member we kindly ask you to apply here. 3. Non PTS Member can submit a bid. However, their bids will only be officially accepted once their membership has been referenced 4. All tenders will be confidential. They will be reviewed by a closed group comprising only of the PTS Managing Director and Chairman. Tenders will NOT be shared outside of this group. 5. The winning tender will be told on 9th February 2022 and the PTS will announce the winner and the concept further at London 2022. 6. A £12,000 partner commitment fee (paid in February 2022) will confirm the brand as the official Stampex Live Auction Partner. The brand will also confirm 5% of the overall Auction hammer price with a guaranteed minimum commission. The winner of the tender will be the auction house who commits to the largest minimum commission. For instance, if auction house A confirms a minimum commission of £20,000 and auction house B confirms a minimum commission of £30,000, auction house B will win. Monies owed to the PTS for the partnership is therefore a total of £12,000 fee PLUS 5% hammer price (or guaranteed minimum commission if higher than 5% of realised hammer price). 7. Only one auction house can win the tender. 8. The Stampex Live Auction will take place on Thursday 29th September 2022 at the Business Design Centre and will run from 5pm - 8pm London time. We estimate a total of 300-400 lots can be sold within in this time. 9. The auction will take place in a dedicated Auction Zone on the Mezzanine with AV, seating, some shell scheme and branding provided. The PTS will also ensure sufficient staffing for post-auction admin (to approx. 9pm). The space will allow for additional brand awareness through Stampex Live Auction Partner’s branding around the area. The Stampex Live Auction Partner may use this space as they see fit for other activities throughout the show and may decide to upgrade branding, furniture etc. at their own cost. The Stampex Live Auction Partner will also be included in marketing campaigns about this new concept from February 2022, through to Stampex marketing activity, at Stampex itself and through to post-Autumn Stampex activity. 10. The winner is granted the opportunity to conduct the 2022 Live Auction only. In 2023, bidding will open again.