How the Auction Works
You can download a copy of the Otako Mid Year Auction list from .... HERE!
Our auctions are made up of lots that have been submitted by club members, by members of the public or by estates of members who have passed away. Every financial club member can bid on these lots, so ensure that your current subs have been paid. Both turn up at the AGM and obtain registration on Saturday morning (get a bidding number), or submit a postal bid (an absentee bid). Bidders at the auction will be required to present their firearms licence.
There is a form attached to submit postal bids, but basically you just need to get a list to the auction convenor of those lots that you are interested in and a maximum bid for each item. (Post to Kevan Walsh, 4 Milton Road, Northcote Point, Auckland 0627, or email to him at firstname.lastname@example.org.
The minimum bid for each lot is $5. Some lots will have a reserve (e.g. R$30 which means that the lot will not sell unless a bid of $30 or more is made). When you submit a postal bid, the auction postal bidder will start the bidding at $5, or the reserve, or at an increment above the next highest postal bidder. So if two postal bidders make bids of $10 and $12 respectively, the starting bid will be $11 ($1 above the second highest postal bidder). Occasionally, two postal bidders will place the same maximum bid, in which case the bidding will begin at that amount.
You do not need to get Police approval to bid prior to the auction. You will only need Police approval if you are the successful bidder for ammunition. You may make an arrangement for another club member to uplift your successful lots to deliver them to you, but that club member will need to present their firearms licence. Before items are couriered to you, we will let you know what you were successful in bidding on, then you will need to complete the Police form to procure ammunition by mail order. We will send instructions. The successful Police permit application will be emailed to the postal coordinator and as long as payment has been received, the items will be couriered to you.
So there you are! No excuse not to bid on something! If you are unsure of what an appropriate maximum bid might be for an item, then ask a fellow member, but remember that it’s an auction and the floor and postal bids will dictate the ‘worth’ of an item.Also see Auction Rules