Sealed bids.

Each mandate runs as a single opaque round: qualified bidders submit one sealed bid before the deadline, with a deposit held in escrow. The reserve is never disclosed and the highest qualifying bid wins.

You register interest in an open auction and clear KYC plus proof of funds, which typically takes twenty-four to forty-eight hours. Only then is the full mandate brief and confidential reserve guidance released to you.

A sealed-bid process suits discreet vendors who want competitive tension without a public price or open marketing. It concentrates qualified demand into one deadline and keeps reserve levels and rival bids private.

Yes, a submitted sealed bid is binding and your deposit is held in escrow, not by the vendor. Losing bidders see their deposits released within five working days of the outcome.

The guide range is an indication of the price bracket, published so bidders can gauge fit, and it is deliberately not the reserve. The actual reserve stays confidential by design throughout the process.

The auctions desk runs four to six private mandates per quarter on a discretionary basis. Speak to an advisor about whether a sealed-bid sale is the right route for your asset.