Where is proxy bidding




















If your bid is the highest bid when the auctioneer says "sold! If you placed your proxy bid by phone, we will contact you by phone to advise you of the selling price. If you're at the auction site, visit or call the registration counter and we will tell you if you were the highest bidder. After the auction you will receive an invoice by email or at the registration counter. When your invoice is paid in full, you can collect your purchases and put them to work!

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In online auctions, bidding by proxy opens the bidding process to maximum bid fishing. This is when a bidder increases his or her bid by small amounts until it is the top bid in order to find out what the highest maximum is.

By doing this, the "fisher" can find out what people are willing to pay and, in some cases, artificially drive up the bid. To combat this, some people use bid sniping for online auctions.

This is when bids are made only at the very end of the auction rather than being placed early. By setting the bids to only be made as the time limit on the auction is about to end, it allows the sniper to know what the second-highest bid maximum is, and does not give other bidders a chance to "fish" to see how much the sniper is willing to pay.

Some people object to bid sniping because other proxy bidders, who set their maximums earlier in the auction, usually do not have time to raise their bids if the sniper's maximum is higher.

If an early proxy bidder has set his or her maximum bid to be higher than the sniper, however, he or she will still win the auction. Please enter the following code:. Login: Forgot password?



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