How Live Auction Works All articles are displayed with one starting price that is valid at the outset of an auction. The actual price is concealed until you place a Credit. With each Credit placed, the price decreases, so the actual price is always less than the start price - often considerably! As soon as you have registered, you can buy various Credit packages (see above). When you place a Credit, three things happen: 1. The actual price decreases by 25 cents 2. You will see the actual current price 3. When the article price reaches $0.00, you have become the final buyer of the auction! At a price of $0.00, you successfully purchased the article. At the completion of the transaction, you will contacted by an auction specialist with details on transfer of ownership. |
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