PGN Property

Bid - And Buy Auction

: A brief summary of the item and its estimated retail value.

: Using fluorescent multi-color packs can help categorize different auction sections or ending times. Key Information to Include

If you are creating your own paper forms using templates from Word or Google Docs, ensure they include the following sections for clarity and legal compliance: bid and buy auction

: Brief mentions of payment terms (e.g., "Must pay within 72 hours") and closing times. Introduction to Paper Auctions - Auctria Academy

: Usually set at 30–50% of the retail value to encourage early bidding. : A brief summary of the item and its estimated retail value

You can purchase professional, pre-padded bid slips from specialist retailers like Kiefer Auction Supply . Common formats include:

: Space-saving options like slim bid forms are useful for smaller display areas. Introduction to Paper Auctions - Auctria Academy :

: The minimum amount a new bid must exceed the previous one (e.g., "$5 increments").

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