You may edit your bid to increase price or change quantity. Therefore, updating a bid does not affect its status as an earlier bid. If you are the successful bidder, you will receive an email advising you of your purchase. You then have the option of completing with your credit card on our secure server, or paying by check. Please note that if you opt to pay by check, your check must clear before we can ship the merchandise.
Potential buyers can start to bid on the item at or above the opening bid.
A reverse auction is run like a trading floor, where the buyer determines the price by making an offer.