Heritage closing time

[Snapolit1]

HA has like 150 pages of auction instructions and nowhere is there a clear explanation of how their extended bidding works. Frustrating. Makes you appreciate Al’s crystal clear emails on the morning LOTG closes. Bizarre that HA never explains their process. Does it close lot by lot? Basic information.

[Kris19]

It is actually included on every single lot listing. Go to any lot, then click the “Auction Info” heading under the lot images. You can then click on “extended bidding” or “Show Auction Type Info” for the detailed information on closing procedures. (copied and pasted below for reference)

These Auctions are presented via catalog and online. Bidding is taken through our website or via phone. There are two phases of bidding during this type of auction: 1) Normal bidding: Bids are taken up until 10 PM CT the night the auction closes. 2) 30 Minute Ending: On a lot-by-lot basis, starting at 10:00 PM CT, any person who has bid on the lot previously may continue to bid on that lot until there are no more bids for 30 minutes. For example, if you bid on a lot during Normal Bidding, you could participate during Extended Bidding for that lot, but not on lots you did not bid on previously. If a bid was placed at 10:15, the new end time for that lot would become 10:45. If no other bids were placed before 10:45, the lot would close. If you are the high bidder on a lot, changing your bid will not extend the bidding during the 30 Minute Ending phase (only a bid from another bidder will extend bidding). If you are the only bidder at 10 PM, you will automatically win the lot at 10:30. Important: After normal bidding ends, you must be signed-on to the Heritage site to see the bidding option on lots where you qualify for extended bidding.

[Snapolit1]

Thanks.