20-07-2021, 11:40 AM
The online bidding system should be able to cope with any number of sniping bidders. I always use sniper and I have never had any problem.
The other auction method that Nick refers to is known as "timed auction". This dreadful method is being used more and more by auctioneers of antiques and bankrupt stock, especially since lockdown. The final bidding period can be fixed by the auctioneer at anything between 2 minutes and 30 minutes (10 mins seems to be the favourite), which means that it can literally take all day to finally bring down the virtual hammer on some lots.
The other auction method that Nick refers to is known as "timed auction". This dreadful method is being used more and more by auctioneers of antiques and bankrupt stock, especially since lockdown. The final bidding period can be fixed by the auctioneer at anything between 2 minutes and 30 minutes (10 mins seems to be the favourite), which means that it can literally take all day to finally bring down the virtual hammer on some lots.