: A brief summary of the item and its estimated retail value.
: The minimum amount a new bid must exceed the previous one (e.g., "$5 increments").
You can purchase professional, pre-padded bid slips from specialist retailers like Kiefer Auction Supply . Common formats include:
: Columns for the bidder's name, phone number, or bidder ID number.
: A fixed price that allows a bidder to bypass the auction and purchase the item instantly.
: Best for high-volume items. Available as single-part sheets or 2-part NCR (no carbon required) duplicate forms, which allow you to give a copy to the winner immediately.
: Brief mentions of payment terms (e.g., "Must pay within 72 hours") and closing times. Introduction to Paper Auctions - Auctria Academy
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: