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StampAuctionNetwork Extended Features

StampAuctionNetwork Channels


 

You are in StampAuctionNetwork Unattended Live Bidding

You have no bids or you have selected "show only open bids" and there are no more open lots for which you have bids. Select "Show All Bids" to see your bids for closed lots.
StampAuctionNetwork Unattended Live Bidding These Bids will be entered for you by StampAuctionNetwork when the lot is opened.

Please note the following:

  • The auction firms will not see these bids until the lot is opened.
  • They will look identical to other live bids, except that your maximum bid amount will not be revealed.
  • You will get the benefit of your highest bid if there is a tie among other live bidders. In most cases, you will be the first bid in.
  • If your maximum bid is reached and beaten, and you are watching the live bidding, you can take over your bid. You will never have to worry about bidding against yourself.
  • During Live Bidding, you will also be able to place a Live SAN Unattended Live Bid. This will be identical to a Live Bid, except the Auctioneer will not see your max bid. Currently the SAN console operator and the Auctioneer (if watching their monitor) can see everyone's max bids in order to expedite the live bidding.
  • This will be optimal for both current live bidders and current absentee bidders. For absentee bidders this will give you the opportunity to keep the auctioneer from seeing your bid on the book. For live bidders it will keep the auctioneer from seeing your maximum live bid.
  • Be Careful! You can place bids both in MyBids and in MyAgentBids. This is not a good idea, but if you do, SAN Unattended Live Bidding will resolve them. If your Unattended Live Bid is higher than your book bid, it will take over, if it is lower, it will leave your book bid alone.
  • When you place an Unattended Live Bid, StampAuctionNetwork will register you with an "I" Paddle for Live Internet Bidding.
  • StampAuctionNetwork will automatically drop your linking OR bids if a bid marked as OR is executed for you.
  • Once your Unattended Live Bids are executed, they will become part of your regular MyBids and will be archived into MyArchivedBids when we take the sale down.
To Enter your SAN Unattended Live Bids
  • Check and see that the auction you want to bid in is in the "Live Bids" section.
  • Make sure you are logged in and approved to bid with that firm. You can check by going to their auction, SAN will tell you whether you are approved to bid or not.
  • Place your mouse over [Unattended Live] and choose the auction from the list.
  • Click on the (TOC - By Lot Number) link to bid using the lot number and Table of Contents.
  • Click on the Search to bid using the Auction Categories.
  • To make changes to your bids, choose either [All my Current Unattended Live Bids] this will give you only the open lots.
  • or to look at your bids by Auction Firm and Sale Number, pick [Review Unattended Live Bids by Sale]
There are some diffences to note in SAN Unattended Live bidding.
  • You may change your SAN Unattended Live bid before the auction as your bid will not affect the selling price until the auction begins.
  • You may delete your SAN Unattended Live bid for the same reason.
  • You will not see your Unattended Live Bids, in the SAN.My Bids. "My Bids" go to the Auction Firms. For the same reason, you will not get a confirmation from the auction firm. You don't want them to confirm your bids, right?
  • Unattended Live Bids are seen under [Unattended Live] "All My SAN Unattended Live Bids" and "Review Unattended Live Bids by Sale"
  • StampAuctionNetwork will automatically drop your linking OR bids if a bid marked as OR is executed for you.
  • Once your Unattended Live Bids are executed, they will become part of your regular MyBids and will be archived into MyArchivedBids when we take the sale down.
Fees and Payment Instructions
  • We will send you a statement of your bids. If the total is over $20 in fees, we will send you a PayPal invoice. Use of Unattended bidding is free up to $20 in fees. Enjoy!
  • We will charge you 1% of the realized amount, with no caps or minimums if your SAN Unattended Live bid is successful.
  • We will send you an invoice after the close of the sale. Payment is due on acceptance of the lot from the auction house. Paypal is the recommended payment method.
  • StampAuctionNetwork Unattended Live Bidding is part of Extended Features, however it is available for anyone to use who has signed up with either a trial, a BASIC voluntary subscription, or any of the entended features. Payment of the 1% is required.

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