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OUTSIDER ART AUCTION NOW ONLINE TILL MARCH 15TH

Date: Wednesday, March 15, 2017
Time:

This is a timed auction that ends March 15th. Here is the link to the
catalogue and registration:

https://www.bidsquare.com/c/outsider-art-auction



Timed Online Only Auctions
A timed online only auction is automated and takes place solely online.
The bidding for each lot is opened at a predetermined level set by the
auctioneer, usually at a set time and stays open over an extended period
of hours or days. During this period of open bidding, a bidder will be
able to see the current high bid on each lot. You may place a higher bid
at a defined bidding increment you choose. A bidder’s identity is always
kept confidential during the auction.

In a timed only online auction bidders are automatically informed by email
if they are the high bidder, or if they have been outbid by another
competing bidder. At the end of the defined bidding period, if the highest
bid offered meets the minimum price designated by the seller as
acceptable, the lot is sold. Bidding on all lots in a timed online only
sales begin to close at a specified time, with lots closing at regular
intervals until the auction has ended. Some timed auctions allow extended
bidding. In such a case, if a bid is placed on a lot within a specified
time before closing, the bidding may automatically be extended for a set
period of time. Length of extended bidding is set by the auctioneer prior
to the opening of the auction.

 

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