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TIMED AUCTION

Posted On: 23 Feb 2023 by Liz McDonald to BOOK SALES

Rare Book & Collectors’ TIMED AUCTION

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TIMED AUCTION

Rare Book & Collectors’ TIMED AUCTION

 

Timed Auctions do not have an Auctioneer calling the bids – there’s just a bidding time frame and whoever bids highest during the time frame wins. Each lot can be bid on for a defined time period. At the end of this period, the bidder who has submitted the highest bid wins the lot, provided the bid exceeds the reserve price. You tell us the most you’re willing to pay – and we’ll bid intelligently for you, only bidding enough for you to meet the reserve or stay in the lead. Don’t worry, your maximum bid is not disclosed, and is held in confidence on our bidding system.
WHEN ONLINE BIDDING STARTS - YOU CAN LEAVE BIDS ONLINE and your bid will start at one step above the previous bid or at the start price if no other bid. You will be notified by email if you get outbid before the auction starts.
ONCE THE AUCTION BEGINS TO FINISH, ON THE DATE AND TIME SPECIFIED, THE EMAIL NOTIFICATIONS CEASE, and you should follow the auction on-line to see how your bids are doing. Make sure you have logged in if you wish to bid.
WHEN THE AUCTION BEGINS TO FINISH ON THE DATE AND TIME SPECIFIED, THE BIDDING FOR EACH LOT REMAINS OPEN FOR 30 SECONDS at a start price determined by the reserve or bids already received. Each lot will be open and remain open for bidding until its end time is reached; the end time will be extended by 30 SECONDS if another bid is received. At the end time, if there are no further bids and the highest bid received equals or exceeds the reserve price the lot is sold to highest bidder.

THE BUYERS PREMIUM for Rare Book & Collectors’ Sales is 26.7% including VAT. The Buyers Premium will be added to your winning bid amount. Your invoice will detail all the payment, collection, and shipping particulars.