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Affordable Antiques: Tips on how to bid at auction

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At auction, bidders must decide on the spot (always preview the goods a few days before the sale).

Like a killer sample sale, the competition can be fierce. Auction salesrooms are no place for lookie-loos. But it’s not all celebrities and black-tie bidders chasing museum-caliber antiques. Value-hunters can find deals like vintage Hermès silk scarves for about $200 at Leslie Hindman auctions in Chicago.