Trusted fine jewellery auctioneers since 1995

Current Auctions

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First State Auctions

Massive $2.5 Million Auction LIQUIDATION

Open for bidding
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Online
Number of lots: 400
Buyers Premium: 20

Feature Items

A selection of what is currently listed for auction
Auction estimate: $4,000 - $4,500
Auction estimate: $2,800 - $3,000
Auction estimate: $16,000 - $17,000
Auction estimate: $2,300 - $2,500
Auction estimate: $3,300 - $3,500
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Auction Basics

Quick and easy explanations to get you started

Online catalogues are normally uploaded on our website up to 8 days prior to the auction end date.

 

Method 1:

Online auctions can be accessed from the First State Auction website (firststateauctions.com) by clicking on the blue button “View Catalogue”:  

 

Method 2:

Online auctions can be accessed from the our online bidding platform (bid.firststateauctions.com) by clicking on the button “Auctions”:  

Before you can register for an auction you need to have an account. You will need to register your user information, delivery address and credit card details. Once you have created an online auction account, you will be able to use these new login details to bid live on our website. The video explains how to create your account. 

Why do I need to register to bid for every auction? 

Even if you have an online auction account, all bidders will need to register for every auction to accept the Terms and Conditions for that auction. You will not have to re-enter your personal details – just simply click where indicated to register.

How do I register for online Auctions?

Registration is free, fast and easy!

We highly recommend that you don’t wait until the last minute to register to bid, allowing yourself time to feel more comfortable with the online auction platform and the Terms and Conditions.

Simply click on the “MY ACCOUNT/REGISTER” link on the top of the page and enter your details to create your online auction account.

Enjoy the thrill of the auction by placing Live bids on the lot you desire as the auction progresses.

To participate and place bids in an online auction you need to create an online account or Log in to our Live Bidding platform.
Auction listing

You can select the auction that you wish to bid on from the auction listing. All bid prices are in Australian Dollars (unless otherwise stated) and are GST inclusive.

How to place a Live bid in an online auction
Method 1 - Simply click on the bid amount nominated by the system

You can place your bid on the online catalogue page or on the product detail page as indicated below

I placed a bid as above but the system immediately advised that I had been outbid and to place another bid. Why did this happen?

This situation arises when someone else has previously placed a maximum bid above your bid. As they are prepared to bid higher than your bid, the system will automatically place a bid on their behalf equal to one bid increment higher than your bid, until they have reached their maximum bid level, at which time their maximum bid will no longer automatically exceed yours.

Method 2 - Enter your desired maximum bid

What is a maximum bid

A maximum bid allows you to participate in the auction even if you are unable to physically place your bids in real-time.

You can place a maximum bid where you provide us the maximum amount you are willing to pay. Your bids will be automatically executed by the system in incremental amounts, using the amount required to "knock out" any competition during the sale. It is therefore possible to win an item at a price below your maximum bid (assuming the reserve price has been met - reserves are confidential between the vendor and the auction house.)

Simply enter your bid and click “Place maximum bid!” Before submitting bids carefully review the information entered for accuracy. Once you submit the bid, it is binding - it cannot be cancelled or lowered.

You will receive automatic email notifications if you have been outbid.

How to place a maximum bid

You can place your maximum bid on the Online Catalogue page or on the Product Detail page as indicated below.

You can enter the maximum amount that you wish to bid, however the automated system will set fixed bid increments and you will be advised if your bid is off increment.

Can I place multiple bids? 

There is a facility for you to place multiple bids. Simply enter your desired bid against each lot number and at the bottom of the screen click the option “Place Multiple Bids”.  

If you are the successful bidder, at the end of the Auction your credit card will be charged in full for the auction hammer price plus the buyer’s premium being 20% of the hammer price.  

How do I calculate what I have to pay?

If you are the successful bidder, the amount you will have to pay is calculated based on the hammer price plus the buyer’s premium of 20%. The standard buyer’s premium at First State Auctions is 20% and is one of the lowest in the industry. A buyer’s premium is charged on all items purchased at First State Auctions and this 20% must be added to the online auction hammer price. It forms part of the total invoice amount that is paid by the winning bidder. The buyer’s premium is not negotiable.  

Example: If you bid $1000 and the item is sold to you (hammer price), you will then pay a further 20% buyer’s premium on top of this. So your final invoice amount will be: $1000 + $200 = $1200.  

Is there a surcharge for credit card payments?

There is no surcharge on credit card payments. If your credit card is from overseas, we do not charge any extra ‘overseas’ fees – however you may need to check with your credit card company directly to see if they have any.  

Items won via online auctions will be shipped to your nominated delivery address from First State Auctions Head Office. Please allow up to 5 working days from the close of the auction for the dispatch of your item (subject to address and credit card security verification).

An email will be sent to registered email address with a tax invoice attached to confirm your purchase and shipping address information (Please check junk/spam mailbox if you do not receive it). For security purposes, we will not ship your items before receiving the delivery address confirmation from you.

To prevent credit card fraud, a security verification procedure is in place for credit card purchases.

Collection for items won is available from our Head office in Sydney with prior appointment. We offer complimentary shipping with insurance.

Goods are shipped using secure couriers with tracking of packages. 

  • All shipments are fully insured.
  • All delivery to customers in Australia is complimentary.
  • All delivery methods require signature on delivery or instructions from recipients.
  • We can arrange for international delivery. For all purchases requiring shipping from Australia the purchaser shall be fully responsible for all customs clearance charges, duties, taxes and other charges in their respective countries. Australian GST will be removed from the purchase price.

Goods can also be collected from our Sydney Head Office by appointment and prior request. 


 

 

First State Auctions

Our business is built on a flawless commitment to quality and service. You can bid with confidence on any of our items knowing that each piece has been examined by a qualified gemmologist or Swiss watchmaker and it’s authenticity is unconditionally guaranteed

Expert Advice

First State Auctions is Australia’s leading jewellery auction house sepecialising in fine jewellery, Swiss watches and gemstones. Auction catalogues offer a wide choice supported by friendly expert advice.

The Jewellery You Love For Less

If you are looking for an engagement ring, birthday or anniversary gift, or just a unique piece of jewellery, then First State Auctions is the place. It’s a better way to buy guaranteed, authenticated fine jewellery at bargain prices.

You Can Trust First State Auctions

Selected as auctioneers to various Commonwealth of Australia government agencies in the sale of seized and forfeited jewellery. First State Auctions is owned and operated by gemmologists and diamond graders.

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