Live webcasts: these are traditional sales conducted by an auctioneer that take place at an auction venue. The live webcast allows the online bidder to participate in the auction in real time. Lots appear on your screen as they are offered in the sale. Your bids are instantly relayed to the auctioneer.
Timed auctions: these are online only auctions. Bids are placed over a defined time period. The highest bidder at the end of the bidding period is successful.
Yes, you need to sign up for each Auction. Auctions hosted on i-bidder.com are run by different Auctioneers and terms and conditions vary. Auctioneers often ask for credit card details to be provided as a condition for bidding. Some auctioneers require a deposit – this will be detailed in the 'Important Sale Information' section on the Auction sign up page.
When the auction is about to start, the Sign-up button for the auction changes to a Bid button. Clicking this button opens the bidding window. Re-enter your password and you are ready to bid. If there is an audio link, click Listen Live to hear the auctioneer.
When the auction is about to commence, the first lot is displayed. A button appears showing the amount currently being asked. To bid for the lot simply click the Bid button. If you are the successful bidder, the auctioneer will contact you to arrange payment and shipping.
Bidding before the auction: If you cannot be online while the auction is taking place, some auctioneers allow you to place an Autobid from the lot details page. The Autobid is the maximum amount you are willing to pay for the lot. Your bid is executed during the auction. You are bid up to only as much as necessary to make sure that you meet the reserve price or that you remain in the lead. Your bid will not be higher than the amount you enter in your Auto bid.
Each lot can be bid on for a defined time period. During this period, you can place your bid at any time. If you have the leading bid and you have met or exceeded the reserve price when the defined time period ends, you will have won the bidding for this lot. If a bid is placed in the last 10 minutes of the defined time period, the time period will be extended by 10 minutes. This is to prevent 'sniping'.
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