The closing of the Buy-or-Bid Sale



The closing is at 4.00 PM Eastern U.S.A. (22.00 Amsterdam)

  • beginning at 3:55 PM, the computer will check each item at 5 minutes intervals.
  • If there has been a bid in the past 5 minutes, that individual item will remain open until there have been no bids received for 5 minutes.
  • A countdown clock shows the remaining bid time left for that item.
    Put your bids in as early as possible and at least one minute before the closing.
    Remember that internet connections can fail, and you need time for a second try.
  • The email outbid notification and zoom image are disabled 30 minutes before the sale's closing!

Items that did not receive bids within the BidAsk spread and bids declined by the seller are no longer available after the closing.



My Buy-or-Bid Watch List

You can monitor the buying and bidding status in one convenient place: My buy-or-bid Watch List. Item Watch

Different labels are used to show the Buy or Bid status :
These are samples for an item listed at a Buy price of $ 500 and a BidAsk spread of $400-500

  • Your Bid: $500 Sold to you
    When you pay the Buy price of $ 500, the item is immediately sold to you, and the sale for this item is closed.
  • Your Bid: $400 Accepted
    The BidAsk spread ($400-$500) shows the range between the minimal accepted price and the Buy price. When you place a bid within the spread, your bid is automatically accepted by the seller, but the items only sell to you if no higher bid is received or the Buy price is paid before the closing.
  • Your Bid: $50 Below Spread
    When your bid is below the BidAsk spread, sellers usually do not accept bids below the BidAsk spread. The item will only sell to you if the seller decides to accept your bid during or within 2 hours after the closing. Increase your bid to be successful.
  • Your Bid: $350 High BidBelow Spread
    When your bid is below the BidAsk spread and you are the high bid holder. The item will only sell to you if the seller decides to accept your bid during or within 2 hours after the closing.
  • Your Bid: $450 Outbid
    When another user has outbid your bid, increase your bid to be successful.

In short, your label has to stay green to be successful.


After the closing of the sale

  • The My Bid-or-Buy Watch List does show all purchased items and accepted bids.
  • Bids below the bottom of the BidAsk spread can be accepted by the seller within 2 hours after the sale's closing.
  • The buyer has 24 hours to delete an accepted below the BidAsk spread bid, or the item is considered sold.
  • The online invoice will be available 2 hours after the sale's closing and emailed the next day. [Invoice section]
  • Items that did not receive bids within the BidAsk spread and bids declined by the seller are no longer available after the sale's closing.

Payment and shipping
Invoices are in US dollars and can be paid by credit card, PayPal, wire transfer, or a check drawn from a US bank.

We start shipping out items generally 5 days after the closing. A shipping fee is added to your invoice, this includes shipping, packing and insurance. [Read more about shipping]

Most of our items will be shipped from Chicago. Overseas bidders shall provide specific shipping and customs instructions and are solely responsible for and agree to pay all duty, customs charges and brokerage fees. Paulus Swaen Inc does not collect these fees. [Terms and conditions]

Contact
Contact us if you have questions.