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Old 11-03-2013, 07:54 AM
zachclose21 zachclose21 is offline
Zach Close
Join Date: Jan 2013
Location: Wichita KS
Posts: 311
Default New to online Auction

So I was bidding on 2 lots on mears auction last night and there was a 15 min rule. The way I read it was that if someone bid after 9pm the 15 minute clock will start over. I was the high bidder from 9 to 1:59 am with no one else bidding and at 2 am the auction ended and I was outbid by 10%
I was just curious if someone knows how this actually works
Any help would be great
Thanks zach
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Old 11-03-2013, 08:23 AM
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Jay Wolt Jay Wolt is offline
Join Date: Apr 2009
Location: Gettysburg PA area
Posts: 2,631

There are many different rules pertaining to different auction houses.
W/ Mears, anyone can bid on any lot at any time in extended bidding. The 15 minute
rule means when no one bids on any lot in extended bidding, all the lots are closed.
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Old 11-03-2013, 08:24 AM
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D. Bergin D. Bergin is offline
Join Date: Apr 2009
Location: CT
Posts: 4,717

You can bid in any lot in Mears up to closing time as long as you have placed a single bid on any lot before 9pm. It doesn't have to be the that specific item,
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