Beginning January 10, 2020, any Invaluable account holders who have not yet completed the verification process will automatically receive a bid limit of €7,500 when transacting with European auction houses. This bid amount safely accommodates for any extra charges that may be added to your invoice, including shipping and buyer’s premium.
Once you complete the verification process, the €7,500 bid limit will be lifted from your account. Please note, once verified, an auction house may still impose an additional bid limit as they do today. Your verification will be valid for as long as the information in the documents you provided continues to match your Invaluable user profile name and billing address.