You may also want
to review the
LIVE ONLINE BIDDING GUIDE
Prices: estimate vs.
Bidding & Buying
Is buying at
Absentee bidding -
how does it work?
What are our
"Conditions of Sale"?
What does a successful
bidder have to pay?
When will you have
How do you collect
Can you consign
posters for sale?
How much does it cost
to sell at auction?
How do we
establish the estimate and reserve price?
What if a piece does
How to obtain
- All posters offered at our sales
are illustrated in full-color auction catalogs (format 8.5 x 11
inches, 1-9 pictures per page). We are meticulous in the description
of the conditions of all posters (so that absentee bidders know
exactly what they are buying). Wherever possible, each poster in the
catalogue is identified by artist, title, date of publication,
printing technique, dimensions, and printer.
- Because we conduct our sales both
in Germany and in the United States, our catalogues contain the most
important terms and conditions both in English and German. Each
catalog has a table of contents, a reference to the description of
the posters and abbreviations used, a bibliography of the most
important poster reference works, and an alphabetical index of
poster artists. Our film poster catalogs also contain indices of
film titles (both original release titles and film titles used in
the various countries), directors, and the actors of significance.
- Catalogs become available
approximately five weeks before each auction. They may be ordered by
email or telephone and require advance check payment. The price
for an auction catalog is generally $35 ($40 foreign) per auction.
estimate vs. reserve
- Our catalogs list two prices for
all items offered: an estimated market value (emv) and the
"reserve" price, i.e. the necessary minimum bid or the minimum
amount for which the property will be sold. We publish the "reserve"
so that potential bidders and buyers know where the bidding will
The estimate is based on our evaluation of a fair market value of
the poster, taking into consideration its condition, rarity and our
knowledge of what comparable pieces have recently fetched at
auction. The reserve price is mutually agreed upon by
PosterConnection /Jörg Weigelt Auktionen and the consignor. It is
generally 60-65% of the estimate, i.e. the market value. No item
will be sold under the reserve price.
Description of the posters
- The condition of each poster/poster
lot in the catalog is described in detail. It is stated whether a
poster is mounted on linen or rice paper, or whether it is not
mounted. Potential flaws, such as creasing, tears or losses are
noted. In addition, all lots are rated with a letter-code from A
(flawless) to D (bad). Please make sure to read our
Condition Rating Guide.
Bidding & Buying
buying at auction expensive?
- Not necessarily. Many people are
surprised to learn that buying at auction can often be less
expensive than buying retail and that one can buy an authentic
poster for much less than the price of a modern reproduction. Some
of the more widely available posters generally sell for less than
what you would expect the retail price to be. On the other hand,
some of the less common posters can bring a substantial price at
- Anyone may attend the auction and
the auction preview. There is no admission charge nor any obligation
to bid. You should use this opportunity to view, enjoy and learn
about vintage poster art.
- You may either bid in person, by
absentee bid, by telephone (restricted to established clients on a
first come first serve basis) or live online. People bidding in
person must register (name, address, telephone number, picture
identification) with us prior to the auction. All registered persons
receive a numbered bidding paddle. Absentee bidders must submit
their bids in the form of a signed "Absentee Bid Form" (the bidder's
registration takes place by submitting this sheet). In May of 2000,
we began broadcasting our live poster auctions in San Francisco via
the Internet. Poster enthusiasts all over the world have the
opportunity to participate live in our sales via computer.
Contrary to absentee bidding, you can place your bids in real time
via the Internet when the live event is taking place. You don't have
to be at the floor of the auction house to bid live - you can
participate right from your computer! If you plan on participating
via the Internet, please make sure to read our
- All auction posters are exhibited
on the day preceding each sale as well as the morning of the auction
day. The preview is an opportunity to see all posters first hand and
inspect them in detail.
- Bidding increments are taken in
steps of 5-10%.
bidding - how does it work?
- Those who cannot attend the auction
in person may choose to leave an absentee bid. Absentee bidders may
leave their bids either directly with us or with our online
partners, Invaluable.com and Ebay Live. If you forward your
bid directly to us, you must fill out an "Absentee Bid Form"
(included with each catalog) indicating the maximum bid for each
desired lot. Absentee bids must reach our offices no later than 48
hours before the auction! "Either-or" bids will be accepted.
(Absentee bids submitted by telephone must be confirmed in
writing at least 48 hours before the sale.)
Click here to print out an absentee bid form. If you leave your
bids online, you merely need to register with the respective online
service. Please note that we do not have access to these bids until
the auction begins and therefore cannot check the receipt/status of
- All absentee
bids are executed at the lowest price possible and as if the
absentee bidder were actually present at the sale. Four short
scenarios will explain what this means:
For the sake of this example, we assume that a poster X has a
reserve, i.e. a starting price, of $500. All absentee bids are
compiled and entered into a computer. At the auction, the auctioneer
executes these bids as if the absentee bidders were present.
Example I - one absentee bid: There is only one absentee
bid of $600 for poster X (i.e. the bidder is willing to bid as much
as $600 (excluding premium, taxes, etc.)). With no other bids,
poster X would be sold for $500, i.e. the bid would be executed at
the reserve price.
- Example II - two absentee bids:
There are 2 absentee bids for poster X--one for $600 and another for
$800. In this scenario, the higher bid ($800) is "in the lead" and,
with no additional bidding, would obtain the poster for exactly one
bidding increment above the immediate lower bid. In this case, the
immediate lower bid is $600. The auctioneer would execute the higher
bid ($800) at the lowest price possible, i.e. for $650 (one
increment above $600).
- Example III: Building on
example II, the auctioneer has reached $650 on behalf of the highest
absentee bidder ($800). Somebody on the floor bids one increment
higher, i.e. $700. In this scenario, the bidding continues and the
auctioneer now executes the absentee bid ($800) at $750, one
increment higher than the bid on the floor ($700). With no further
bidding, poster X would be sold for $750 to the absentee bidder.
- Example IV: Building on
example III, we assume that the bidding on the floor continues.
Someone bids one increment higher, i.e. $800. In this case, there
are now two bids at $800--by the bidder present at the auction and
by the absentee bidder. In the event that bids submitted for one
item are in the same amount, the bid received earlier takes
precedence. (This is also true for identical absentee bids!) In this
case, the bidder attending the auction would be informed that there
is already an absentee bid for $800 and that he/she would need to
raise his/her bid by one increment. If the bidder decided to
continue bidding, it would be his/hers for $850 as the absentee bid
of $800 could no longer be executed. If the floor bidder decided not
to bid $850, the absentee bidder would be successful at $800.
- Please do not
hesitate to call or email us if you have any further questions about
- What are
our "Conditions of Sale"?
- The Conditions of Sale are the
seller's and PosterConnection Inc.'s or Jörg Weigelt Auktionen's
contract with the purchaser of any lot which is found in each of our
catalogs. It is the buyer's responsibility to read these conditions
carefully before making a bid. (See
Conditions of Sale
for full text.)
- What does a
successful bidder have to pay?
- All successful bids are subject to
a 22% buyer's premium of the final bid on each lot plus shipping/handling and any applicable taxes.
buyer's premium of 5% will
be charged on any purchase made through a live online auction site
as posted by PosterConnection in accordance with such live online
We offer a
on the buyer’s premium for invoices paid in full with cash, money
order or personal check. In the U.S., buyers may
be liable for local sales tax. Abroad, buyers may be liable for VAT or other
applicable taxes in their countries. Please check with us for
information relating to your potential tax liabilities.
- When will
you have to pay?
- Payment is due immediately after
the auction and must be submitted in US currency by
(a) cash, (b) money order (c) personal check (all materials remain
with PosterConnection until payment clears), (d) direct bank to bank
wire transfer (transaction fees, and banking costs must be paid by
the buyer), or (e) credit card. We accept VISA, MasterCard, and
We offer a 2% discount on the buyer’s premium
for invoices paid in full with cash, money order or personal check.
Tax is added to all California residents unless a valid Resale
Certificate is provided. For more details,
Conditions of Sale.
- How do you
collect your property?
- The posters purchased at the
auction remain the property of the consignor until the full invoiced
amount has been paid. Once payment has been made in full, the lot
purchased can be collected. If a buyer is unable to collect the
property in person, the items will be shipped (generally Second or
Third Day Air). All buyers are responsible for shipping and handling
Selling at auction
- Can you
consign posters for sale?
- We accept consignments for our
poster auctions throughout the year. If you are interested in
selling posters, both PosterConnection and Jörg Weigelt Auktionen
will be pleased to provide you with an evaluation of your property,
whether it is a single item or a varied collection.
- You may either make an appointment
to meet with us, or, if you are unable to visit our offices, you can
(e-)mail us photographs or call us with a description of your
posters. It is helpful, if you include any information about the
artist, title of the poster, its dimensions, a brief assessment of
its physical condition and any other relevant information, including
the history of ownership. We are usually able to provide you with a
preliminary evaluation without delay.
- Please, do not ship property to us
before consulting us!
- In the process of evaluating
posters, we will determine a fair market estimate as well as the
reserve price. Following our agreement, you will need to deliver
your property to our offices. When we have received your posters, we
will send you a receipt and a contract outlining the terms of our
- How much does
it cost to sell at auction?
- We collect a commission from the
seller on all lots sold at auction and also charge a very small fee
for unsold items. However, there is no "buy back" fee and no
additional expenses paid by the seller. For example, there is no
charge for insurance (once the property has reached our premises),
photography, or color illustration of the poster lot in the auction
catalog. Please call or
email us for more details about consigning posters to our
- How do we
establish the estimate and reserve price?
- The estimate is based on our
evaluation of a fair market value of the consigned poster, taking
into consideration its condition, rarity and our knowledge of what
comparable pieces have recently fetched at auction.
- The reserve price is mutually
agreed upon by PosterConnection /Jörg Weigelt Auktionen and the
seller. It is generally 60-65% of the auction estimate, i.e. the
- What if a
piece does not sell?
- Any piece that does not reach the
reserve at auction will be returned to you or, if you prefer,
possibly included in a future sale.
- How to
obtain auction results?
results may be downloaded as PDF files on this web site. You may
also request prices realized via mail or fax. Prices realized are
automatically sent to sellers and catalog subscribers.