This auction featuresEXTENDED BIDDING! Any lot with a bid within TEN minutes of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding. It will remain open until there are no bids on that lot for TEN minutes. This only affects lots with last minute bids; other lots will continue to close at their normal times. If you have questions please call us 217-563-2523.
MAX BIDDING: When you place your maximum bid, the current bid price doesn’t automatically jump to your max bid. Your bid will go to the next highest increment and will be increase as other people bid against you. The computer will automatically bid up to your max in the increments specified.
"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.