In a timed online auction, there is no auctioneer taking bids from a live audience in a room. Instead, each lot can be bid on for a defined period of time. Bids are placed online. At the end of the period, the bidder who has submitted the highest bid wins the lot, provided the bid exceeds the reserve price. Timed auctions can typically last for up to a week or two. All timed auctions have an end-time displayed on the lot page. You can bid at any point from when the auction opens to when it closes.
Types of Timed Auction
Comics
Fine & Affordable Art
Gold Jewellery & Watches
Silver
Vintage Toys
Wines & Spirits
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