Absentee (PROXY) Bid information

Fraser Auction employs a unique advance bidding system that utilizes third
party assistance. For a $10.00 fee your Absentee Bid it is handled by an on-site
buyer not affiliated with our company. The independent Contract bidder retains
the full deposit (per item) regardless of purchase. Contract buyers manage your
bid under a dollar-ceiling concept with 3 basic rules.

1) Absentee bids cannot open bidding, opening bids accepted in
person only.

2) Contract buyers must adhere to the general progression of bidding at all
times. No redoubled or excessive bidding within the set price.

3) Agents will conduct bidding like it is their own money being spent.

The name and number of your Contract bidder can be provided with your receipt for verification. All registered bids are final, the Contract bidder
will not exceed the ceiling price under any circumstances. All bids are in Canadian dollars and subject to applicable tax in addition to the purchase
price. US funds will be calculated to the exchange rate on day of sale.

For more information or to request an absentee bid form, contact our office at
1-800-483-5856 or fauction@mts.net