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Bidding has ended on this item.
This Auction Uses Proxy Bidding.
Ended
PRACTICE LOT
PRACTICE LOT 
- Sold Winning Bid: $550.00
- 16 Bid(s) View Bid History
- High Bidder: Billings, MT
- 576 Page Views
Description
PRACTICE LOT!
Call Scott ( 406.855.0534 ) if you'd like to bid against someone in real time. We can help answer any questions you might have.
QUICK BID - Button Advances the bid by the minimum increment.
- Opening Bid = $200
- Buyer1 clicks QUICK BID = 1st bid is in at $200
- Next Bid must be $225 (+$25) to become the lead bidder.
- Buyer2 clicks QUICK BID = Second bid takes the lead at $225
- Buyer1 must click QUICK BID at $250 to lead again.
PROXY BID - (Best Way to Bid) - Enter in your maximum bid and let the computer bid on your behalf ONLY if someone bids against you. No one but you can see your PROXY.
- Opening Bid = $200
- Buyer1 enters PROXY BID of $400
- Buyer1 has the leading bid at $200
- Buyer2 clicks QUICK BID at $225 (+$25)
- Buyer1 is automatically put in the lead at $250 (+$25)
- Buyer2 QUICK BIDS again to $275 (+$25)
- Buyer1 is automatically put in the lead at $300 (+$25)
- Buyer2 Gives up and doesn't bid again.
- Buyer1 wins the lot at Closing for $300, $100 under budget.
- In the Event Buyer2 QUICK BIDS up to, or enters their own PROXY at $400, Buyer1's $400 bid is taken in the event of a tie bid since Buyer1 Entered the $400 PROXY first. Buyer1 leads at $400.
- Buyer2 must bid at least $425 to take the lead. At which point, Buyer1 is out and must enter a new PROXY or QUICK BID higher.
- If 2 buyers are bidding via PROXY, the bidding will be nearly instant, moving buyers' bids up.
- Any Buyer with a PROXY can RAISE it at anytime by entering a higher PROXY number.
- A PROXY CANNOT BE LOWERED AFTER IT HAS BEEN SUBMITTED.
CLOSING -
- If a buyer bids in the Final 60 seconds, the timer will ADD 60 more seconds to the countdown to the Current Lot AND every Lot after it.
- Buyer2 bids with 0:30 seconds remaining. 60 seconds will be added to the clock, 1min:30sec will be the new countdown time.
- Buyer1 may bid anytime. If Buyer1 bids between 1:30 and 1:01 the timer will continue to tick down. If Buyer1 bids at 0:45 seconds, another 60 will be added to make 1min:45sec. Etc etc...
- Lot #2 will NOT close before Lot #1 while bidding is still going on. All bidding must be concluded on Lot #1 before Lot #2 will close.
- If 90 seconds separate Lot #1 and Lot #2, they will always stay 90 seconds apart.
Details
- Lot # 050
- System ID # 540972
- End Date
- Start Date
- 576 Page Views
Questions & Answers
There are no questions for this listing.