Selling at our auctions
Below you will find step-by-step all information that may be useful to (prospect) contributors to our stamp or coin auction.
Rietdijk auctions everything in the field of philately (stamps) and numismatics (coins). If you have a collection, a batch or better individual items to offer, please feel free to contact us. You can contact us – in any composition and size with:
- Stamps, postal items, postcards, etc.
- Coins, banknotes, tokens, gold, silver, tokens, etc.
- Collections, legacies, parties, investment items, store stocks, etc
Step by step:
1.) Appointment for an appraisal
An appointment with one of our appraisers is quickly made. You can call us from Monday to Friday from 9:00 AM to 5:00 PM on 070-3647957 and outside office hours on 06-20479585. You can also email us to make an appointment. This appointment can take place at our office or, if the value of your submission is significant, at your home if desired.
2.) Review of your consignment
Our appraiser will review your potential auction entry in your presence and immediately report back on his findings. He will also give you a reliable indication of the auction proceeds, after which you can give Rietdijk the final auction order.
3.) The possibilities after an appraisal of your collection
Prefer not to auction but a cash offer? That is of course also possible. The appraiser will be happy to advise you as best as possible so that you can make a well-considered decision. You often have to wait a while at an auction, but the net result is usually better. Selling in cash is of course faster, but usually gives a somewhat less net result. There is always the option of an interest-free advance as an intermediate form. Ultimately, we want your collection to achieve the highest possible result in the interests of both parties!
4.) Delivery confirmation
The material that you give us for auction is then described on an acknowledgment of receipt. In addition to your details, the agreements about the commission and the method of settlement are also recorded. As long as your submission is under the care of Rietdijk, it is automatically and free of charge all-risk insured.
After completion and signing you will receive the original receipt. The copy remains with the entry and forms the guideline for later processing into auction lots. Until then, your submission will be kept strictly separate from the others.
5.) Allocate / lotting
A good presentation of your entry is very important for a successful sale. Dividing a collection or lot, with a view to maximum yield, is called parcelling. More expensive pieces, accompanied by a photo, are auctioned separately. For example, the rest of an entry can be auctioned per album, in parts of albums, or with several albums at the same time. Often parts are split, sometimes joined together. In short, allocating is highly specialized work, which three of our experienced team members are involved in. After all, at Rietdijk we have known since 1919 that an expert allotment is an important basis for a good yield from your entry.
The yellow copy of the acknowledgment of receipt, the original of which you received, is the accompanying document for your entry. After allotment, this copy will indicate how many and what type of lots (single, folder, collection, box) have been made of this. Whether it is a few lots or hundreds: they are all provided with the assigned entry number. Thanks to this number, it is easy to check which entry a lot belongs to during the entire auction process. The auction of your entry will take place on an anonymity basis, unless expressly agreed otherwise. Names and addresses appearing in the entry will be removed as much as possible during allotment.
7.) Auction catalogue & photos
After all entries have been parceled out, the auction will be closed six to eight weeks before it will take place. Now you can start creating the auction catalog. This includes all lots of all entrants in a specific order. This order, which depends on many factors, should ensure optimal accessibility of the catalog and the material offered therein.
All lots, which were administered and stored under a provisional number, will receive a definitive number after determining the order, with which they are eventually put up for auction. The lots submitted by you can now be traced on the basis of both the submission and the lot number.
We regard the auction catalog as our calling card, not only for the entrants, but especially for the national and international buyers. In addition to the text section, you will also find many photos of the better material. As a supplement and a foretaste of this, the online catalog also allows you to view sections of many important collections well before the paper version comes out in print.
8.) Submission list and entry number
Prior to the viewing days and the auction, all entrants will receive an auction catalog and a list of all lot numbers that belong to the entry. The entry number is also stated on this entry list.
9.) Dispatch / shipping of the catalogue
After the auction catalogs are printed, they are rushed to all our customers. Because our auctions are international, a large number of catalogs have a foreign destination.
10.) Viewing days
From two weeks before the auction up to and including the auction days themselves, our customers are given extensive opportunities to view the material on offer. We deliberately keep this period very wide, many prospective buyers need several days to subject the lots of their possible liking to a personal inspection.
The individual issues can also be viewed in color on our website, as well as the full text of the auction catalogue.
As an extra, you will also find images of parts from important lots that are being auctioned as a collection.
The auctions take place at our office. As a contributor or interested person, you are cordially invited to visit it. The exact dates of the auctions and the starting times of the sessions can be found in the auction catalogues and on our website. You can also follow the auction live at YouTube, this website or RietdijkLive.
You will receive an invoice six to eight weeks after the auction. This is comparable to the entry list, except that the realized amounts are now stated after the lot numbers. The moment you receive this statement, the total proceeds minus our commission have already been transferred to the bank or giro account you specified.
Our sales percentages are very high. If, nevertheless, one or more lots are not sold, they will be included again in the next auction. Unless it concerns an insignificant remainder, in which case we will make you a settlement proposal.
Sell your stamps or coins direct
In addition to submitting stamps and coins for our auctions, you can also indicate that you want to sell your property immediately. In that case, our appraiser will make you an offer after the viewing. After acceptance of the offer, the transaction is immediately settled in cash, or the money is transferred to a bank or giro account specified by you. Identification is mandatory and a purchase invoice is drawn up for all transactions.
Smaller collections and investment coins
For smaller collections, which are not really worth auctioning, direct selling is often a solution. This also applies to current gold and silver investment coins, which have no added collector value. Because, depending on the gold and silver price, these have more or less fixed prices and are traded with small margins, the auction commission plays an important role. Yet investment coins often form an important part of our coin auctions.
The price that we can offer you in cash is very competitive and offers the advantage that you can immediately dispose of the proceeds.
Auction with an advance
An intermediate form can be created with an interest-free advance on your submission. In that case, you immediately have access to a part of the proceeds and also benefit from the advantages offered by auctioning your property.