What is a Timed Auction?

All auctions on our site have a live bidding component where lots are sold sequentially and people can bid in real-time in competition with other bidders.

In a Timed auction, this process is done automatically, only allowing bids from LiveAuctioneers bidders. At the auction's designated start time, the system will open lot 1, execute any bids, sell the lot and move on to lot 2, progressing at 100 lots (approximately) per hour until all the lots have been sold or passed.

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