FAQ’s (Bidding)

Bidding

Most frequent questions and answers

You will only be able to place a bid once you have been approved by the auctioneer hosting the auction.

Auctions are often published for a time before active bidding begins, please consult the dates per auction to see when the auction is open for bidding.

Bids are placed by clicking on the “Place Bid” button. In the lot detail you will see a Current Price (which is the current highest bid for that item) and an Asking Price (which is the next offer for that item) By clicking the bid button you are agreeing to offer that amount.

Once you click the bid button, the Current Asking pirice changes and you become the highest bidder, unless a competing bidder out bids you.

If you are the highest bidder, you will not be able to bid against yourself. And the bid button will be inactive.

You will receive email notification if you are out bid – DO NOT reply to this mail to raise your bid, go to the lot detail page and raise your bid by clicking thebid button again.

Bids are placed by clicking on the “Place Bid” button. In the lot detail you will see a Current Price (which is the current highest bid for that item) and an Asking Price (which is the next offer for that item) By clicking the bid button you are agreeing to offer that amount.

Once you click the bid button, the Current Asking pirice changes and you become the highest bidder, unless a competing bidder out bids you.

Live auctions run at a far faster pace and you are bidding against the floor as well.

The bids increase by predetermined “increments” These are set amounts decided by the auctioneer and will vary per item. You will only be able to bid according to multiples of the increment value.

You will receive an email notification if you are the highest winning bidder.

STC stands for subject to confirmation. Often sellers want to see the highest offer for an item first and then decide if they are prepared to sell for that amount. In the case of an item sold STC, you will be contacted directly by the auctioneer.

A reserve price is set by the auctioneer and the seller, it is the lowest possible price acceptable for sale. The item is only available for sale once the reserve has been met. Opening Asking Prices are always set below reserve.

You may still be contacted by the auctioneer if your highest bid is under reserve to negotiate a better offer for the seller.

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