Bidding: Buying Auction Items
To purchase an item up for auction, you must:
- Choose the item
- Enter your maximum bid amount, and click "Place Bid"
- Confirm the details of your bid in the bid confirmation pop-up window, and click "Place Bid."
Proxy Bid/Auto Bid
When you place a maximum bid, the auction system sets up a proxy bid on your behalf using preset bid increments. The proxy bid will incrementally increase, up to your maximum bid, as other users place bids. Your maximum bid will never be seen by other bidders.
Reserve Price
Sellers may set a Reserve Price for their item. This reserve price is the lowest amount the seller will accept for the item. Although bidders will see there is a reserve price, they will not see the actual reserve price set by the seller. If there is a Reserve Price, the words "Reserve Not Met" (in red) or "Reserve Met" (in green) will appear above the "Place Bid" box to let you know whether your bid has met the Reserve Price.