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If you have any questions related to our tool auctions please ask here.
All responses will be handled within this thread for future members to use, this will help others with the same questions.
Silly question, but if its a a 3 day auction, all items can still be bid on till the very last minute on the 3rd day. Is that correct?
Yes, you can bid at the last minute but it does add 5 minutes of time to the auction and continues to do so if two or more people do this. It’s not something that will work very well in this type of auction as you still have to outbid any other bids left by others.
Generally, the bidding should be concluded before the last 5 minutes and the system is designed to encourage earlier bids before that time to ensure there is a more relaxed approach to it.
The earlier people know they have been outbid on an item, this gives them more time to find an alternative tool or something else they may have had their eye on rather than leaving the auction empty-handed.
With so many nice tools, most people have a budget and they put together a priority list in their watchlist. They bid their max bid on what’s on top of their lists and if they get outbid then they have alternatives.
It’s better to know early whether you are going to win something or not for this reason.
I hope this helps.
This antique tools website has a built in auction system for bidding on the tools, it also has a members area to restrict tracking apps and a built in forum for members to discuss anything tool related, securely.
Members can watch individual tool lots and it has a proxy bid system that facilitates proxy bids.
We auction Antique tools and collectable old tools and those user grade tools that are are in exceptional near mint condition.
It’s fun and a rewarding pursuit that has engrossed lots of tool collectors for many years. It’s an interest that gets you out and about, involves research into tool makers history and talking to others who have a common interest.
It’s the hunt for collectable tools that many get thrills from, the fact that knowledge can pay handsomely to fund the bigger purchases in your tool collection is the icing onto the cake.