Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Little help on Heritage?
>
Reply to Thread
Message:
<p>[QUOTE="The_Cave_Troll, post: 991593, member: 1674"]rlm is correct, there is typically very little advantage to bidding at the last possible second in a live auction. This is because the auction doesn't end at a specific time (like eBay does). In fact as long as there are bids being made that particular lot will remain open with the auctioneer accepting additional bids. The best plan typically is to place your bids before your lots actually hit the block so that the computer will excercise them on your behalf.</p><p><br /></p><p>As a Heritage Auctioneer I can confirm that the auctions do move fairly quickly (that IS one of the points of an auction, after all). Typically they go between 150 and 250 lots per hour, which works out to an average of 12-20 seconds per lot. That means you need to be prepared when your lot opens because you run the risk of missing it if you aren't ready to bid once the lot opens. However if you are prepared then you should have little difficulty in keeping up if you have a fairly recent computer with a good internet connection. One thing you can do during a live auction is you can click the "disable bidding" button on the Heritage Live software so that you don't accidentally bid on an item that you don't intend to bid upon.[/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 991593, member: 1674"]rlm is correct, there is typically very little advantage to bidding at the last possible second in a live auction. This is because the auction doesn't end at a specific time (like eBay does). In fact as long as there are bids being made that particular lot will remain open with the auctioneer accepting additional bids. The best plan typically is to place your bids before your lots actually hit the block so that the computer will excercise them on your behalf. As a Heritage Auctioneer I can confirm that the auctions do move fairly quickly (that IS one of the points of an auction, after all). Typically they go between 150 and 250 lots per hour, which works out to an average of 12-20 seconds per lot. That means you need to be prepared when your lot opens because you run the risk of missing it if you aren't ready to bid once the lot opens. However if you are prepared then you should have little difficulty in keeping up if you have a fairly recent computer with a good internet connection. One thing you can do during a live auction is you can click the "disable bidding" button on the Heritage Live software so that you don't accidentally bid on an item that you don't intend to bid upon.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Little help on Heritage?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...