How to Buy Rugs at Auction
Buy Rugs and Bid: Auctions Made Easy
If you are a “rug maven”, you are probably already familiar with Nazmiyal’s collection of fine Oriental carpets. We offer special rare, antique, and vintage rugs that are a cut above what you can find on the rest of the market. We specialize in finding those valuable, rare, one-of-a-kind rugs that only come around once in a lifetime. We have a wide selection of tribal rugs, Moroccan Berber carpets, Persian carpets, Chinese carpets, Turkish rugs, and a vast collection of decorative rugs. We have carpets from the master weavers of the late 1800’s and a selection of vintage mid-century rugs. Our selection covers the globe, and we have many museum-quality collector’s pieces.
We have a solid reputation in the business and have been around since 1980. This means that we have built a global network and have strong relationships with both buyers and sellers of fine rugs and rare carpets all around the world. At our rug auctions we act as an intermediary and make certain that the carpets we decide to offer are of the highest quality and that they are offered up at a fair price. We also make the bidding process and buying at our rug auction easy.
We encourage you to visit our showroom to see the carpet that you hope to buy at auction first hand. Buying rugs at our auction but can’t visit? No problem. Pictures are the next best thing. Our experts are here and will offer any assistance possible for those looking to buy rugs at our auction. We can provide you with additional pictures and answer any questions you may have about the carpet.
Placing Bids and Buying Rugs at Auction
When you see something you like, we encourage you to ask questions and read our Terms of Service prior to placing a bid. Once you are ready to buy a rug at our auction, you have three ways you can place a bid:
- Place bids online
- Bid by phone
- Leave absentee bids
Buying Rugs at Auction: Online
You can place a bid on our online auction platform at http://bidlive.nazmiyalauctions.com/. This option allows you to place a bid from anywhere around the world at any time of the day or night. To place a bid, you must first register for an account and confirm your email. Once that is complete, you are free to begin bidding and buying rugs at our auction sales.
Buying Rugs at Auction: Phone Bidding
Using this option, you schedule to have one of our staff call you a few minutes before the item you are interested in bidding on goes live. Once the item comes up, the staff member will let you know the asking price. You can then decide if you wish to stay in and continue bidding or not. The staff member will serve as your proxy and keep you informed of changes in the bid and whether you are the current high bidder.
Phone bids are set up on a first-come, first-served basis. We encourage you to reserve your place early.
Buying Rugs at Auction: Absentee Bidding
If you are looking to buy rugs at our auction, you have the option of leaving absentee bids. On the form, you will enter your maximum bid for each lot for which you intend to bid on. Your maximum bid excludes the buyer’s commission. When the auction begins, our system will increase your bid on your behalf up to your maximum bid. It will attempt to secure the carpet for you at the lowest possible price.
Once the Rug Auction is Complete
Once the auction is complete, if you are the highest bidder and were able to buy a rug through our auction, we prefer that you arrange to make payments within three days of the auction close. All payments must be received within five business days. We have several ways to make payments, so feel free to contact us if you have any questions.
Once payment has been received and cleared, you may pick the carpet up in person, or we can arrange to have it shipped to you. We encourage you to read our full Terms of Service for complete details about this portion of the buying process. Buying carpets at Nazmiyal Auctions gives you access to some unusual finds. Our collection includes some rare and magnificent antiques. You never know what may come up for auction through private estates and collections. We provide support throughout the entire process to make bidding and buying easy.
The best part about buying a carpet through Nazmiyal Auctions is that you have the opportunity to purchase a great carpet at a deep discount. Our staff is with you every step of the way and makes the auction buying process as easy as possible for you. Be sure to keep an eye out on our auction page to see what is coming up. You never know what you might find.