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Cherrystone Auctions Launches an Interactive Bidding System, Cherrystone Live


New York, NY -- (SBWIRE) -- 09/06/2016 -- Cherrystone Auctions, Inc., a New York City-based stamp company, has decided to optimize its public auctions of Rare Stamps and Postal History of the World Collectibles by introducing a premium internet bidding platform. Reputed as one of the world's leading auctioneers of rare stamps and philatelic material, Cherrystone Auctions has been in the collectors' business for almost half a century.

Cherrystone Auctions has earned high estimation for offering consistent and reliable auctioneering services to hobbyists and collectors. The company is an active member of many leading and accredited, global philatelic organizations including the Philatelic Traders Society, American Philatelic Society, American Stamp Dealers' Association, and The Collectors Club of New York among others. Armed with a team of experts and professional philatelists, the company guarantees authentic and detail-specific rare stamps and other collectibles to its clients.

Over the years, Cherrystone has endeavored to raise the bar in stamp collection and auctioneering practices. As such, the company has created and released various innovative customer-endearing solutions and initiatives aimed at enhancing and improving customer care and product access. The following product offerings are some of the most innovative customer-oriented creations introduced by the company in recent years: the Gallery of Rarities, Online Stamp Store, and CherrystoneLIVE.

CherrystoneLIVE consists of two functional portals: the Registration module and the Demo module. The Registration module is a link to register for online bidding during a live auction. Clients are reminded that live auctions proceed quickly and advised to register earlier on before the auction starts to allow for approval time. Incidentally, successful online bidding depends on many factors including the systems' optimal performance capabilities. Clients are warned that technical issues, such as bandwidth fluctuations, can hinder instantaneous transmission of online bids. If they encounter transmission hitches, users are advised to call the company's representatives and place their bids with them. The Demo portal is designed for practice bidding. Users are given virtual cash and auto-guided in a typical philatelic bidding process just like in a real live auction.

CherrystoneLIVE is perhaps the most dynamic online bidding system in use by a philatelic auctioneering company today. Aimed at reducing travelling and accommodation costs and ensuring convenience, this interactive bidding option is expected to have a huge impact on the traditional on-the-floor bidding practices. According to the company's website, this online platform is "designed to interact with a live public auction floor." One amazing feature of CherrystoneLIVE is the written, absentee online bids. Although Cherrystone recommends bidding live on the system, clients who are unavailable for online bidding can delegate their bids to the company for execution in absentia.

Information can be found at

About Cherrystone Auctions
Established in 1967, Cherrystone Auctions hosts public auctions/sales at its New York City galleries every six to eight weeks. This world renowned philatelic auction house uses the internet (its website, email, and social media accounts) to distribute its auction catalogues to its global clientele. In-house bidding and online bidding via CherrystoneLIVE are the two most popular auction participation options offered Cherrystone Auctions. The company allows its clients to also participate in its auctions by registering with auction agents, who bid and buy or sell on a client's behalf.

Cherrystone Auctions, Inc.
Address: 119 West 57th Street, Suite 316, New York, NY 10019
Phone: 212-977-7734