SPECIAL NOTES
Auction Procedures:
1. The auction is divided into three
(3) sections, each having an ending time. The purpose of this is to give the
bidder time to assess his/her bids after each section and reallocate resources
where necessary. An example of this might be as follows: a bid on a NATO round
in the first section is not high enough to beat the current high of someone
else so those dollars could be reassigned to a rimfire in the second section or
to a shotshell in section three.
Section I: Early & Transitional and
Military, pages 4 to 27
Bidding ends at 7:00 pm (ET) on 12 June;
no further bids on these lots are permitted.
Section II: Pistol & Revolver and Rimfire, pages 26
to 49
Bidding ends at 9:00 pm (ET) on 12 June; no further bids on these lots
are permitted.
Bidding
Increments:
·
$1 -- $5 to $14
·
$2 -- $15 to $49
·
$5 -- $50 to $99
·
$10 -- $100 to $499
·
$25 -- $500 to $1000
·
$100
- - above $1000
Bidding:
·
On
the AUCTION BID SHEET place a MAXIMUM bid that you are willing to pay
·
The
highest bid is NEVER divulged to anyone except to the actual high bidder
·
The
second HIGH bid will be given all bidders
·
The
Bidder with the highest bid wins and pays one increment above the 2nd
highest bid
·
If
there is only one bid on a lot, then the current HIGH on that lot will be give
to other bidders
·
Call
to check on your bids on Saturday the 12th and either leave your bid alone or raise it. Please note the
closing time for each section.
·
The consignor reserve price is the starting price. There are no hidden reserves.