HOW DOES BIDDING IN THE HISTORIC PLATES ONLINE AUCTION WORK?
REGISTER and SIGN IN: please register your details and sign in to bid and/or to review lots. Registering, bidding and subsequently winning a lot is a binding commitment to complete the purchase.
AUCTION PROCESS: The 1st Lot will begin to countdown at the advertised auction end date/time. The countdown timer will start at 30 seconds. If there are any bids on a particular lot within the last 15 seconds of the close of the online auction it will be extended back out to 15 seconds, until there are no successful bids within that time. The 2nd Lot will not begin until the 1st Lot has been sold; this is applicable to all Lots sequentially. This way, if you are interested in more than one Lot you will be able to bid on each Lot.
FOLLOW AUCTION LIVE: If there is more than one Lot in an auction you can follow the auction live by clicking the 'Follow Auction Live' check box when it becomes available. The Button is located above the 'Bidding Centre' on each Lot, you simply tick the box and you will be following the auction live. This function will ensure that each time a Lot closes your page will automatically move to the next Lot. This ensures you are ready to bid on each Lot and don't miss out on anything whilst trying to click to the next Lot manually.
WHEN DOES AN AUCTION LOT CLOSE: Typically, auctions close at the estimated closing time. However, if there are any successful bids on a particular Lot within the **last 15 seconds of the close of the online auction** it will be extended until there are no successful bids within the ‘Refresh Period’. There is no limit to the number of times an online auction can be extended. This way it works more like a live auction where the bidding doesn’t stop as long as there is still interest in the Lot, rather than assigning a strict cut-off time, thus avoiding 'auction sniping'- last minute bids close to the closing time. It is a good idea to watch the auction as the auction nears closing time. When the auction is flashing 'Closing' please note there is only 5 seconds left in the bidding. We recommend you do not leave your bidding to the final second(s), as this can be the best way to miss out on placing a bid in the final seconds of the lot.
HOW TO PLACE A BID: Clicking the red "Bid Now" button will automatically place a bid at one increment above the current bid. If you do not believe you will be able to be online at the auction closing time or have doubts about your internet connectivity, it is advisable to ‘Submit a Bid’ at a price you believe would win the auction. Once you have submitted a bid, the system will bid for you against any other bidder up to the amount you have submitted. Once the bidding is above your maximum ‘Submitted’ price, you will be out of the bidding and need to enter another bid to compete for the Lot. This is not a guarantee you will be the successful bidder, but will enable you to compete for the Lot without having to be present at the time of the end of the auction sale. Please be mindful of 'Submitting a Bid' during the 'Closing' time of the auction, at this point there is only 5 seconds left and the auction may close while you are typing a bid- it is best to place your ‘maximum’ bid and let the system bid you up to this level against any other bidders that may also be bidding on the same lot.
MY BID IS IN CONTENTION? If the auction is not closed you are the highest bidder (or one of the highest bidders) at the moment. If the auction is closed you are the highest bidder at the opening bid price, however this is subject to a reserve and on you paying for the lot.
TEST BIDDING: This Lot page can be used to test your bidding. * Please however do not bid in the last 15 seconds of the auction as this will delay the start of the next lot of the auction! Practice away on this page to familiarise yourself with the system and bidding. There’s nothing for sale on this lot/page, and in practicing there are no obligations.
FINAL FEES including GOVERNMENT PLATE TRASNFER FEES: at the end of the auction we shall invoice you the following day your totals which include all Government imposed fees and charges for the transfer of the plate Rights. Please await this invoice before making any payment.
Also see our PDF Terms and Conditions each current auction's homepage