Some items have a reserve bid. Bids may be increased at a set minimum incremental rate determined for each item. A maximum incremental bid may also be imposed on items. The highest bidder wins the right to purchase the item. Should the high bid be rejected for any reason, the second highest bidder wins the right to purchase the item.
Bids are a firm commitment to purchase.
Bids may be increased in price or volume later but may not be withdrawn. Bidding at an auction constitutes an offer and is legally binding on you. Bids cannot be cancelled. We strongly advise you not to test the auction process with false bids, as it will put you at substantial personal legal risk. It is a crime to use a false name or a known invalid credit card to bid.