If you thought REAs catalog was massive.......

[tedzan]

Originally Posted by e107collector

Before I call or email Heritage, I'm trying to figure out the auction rules.

It appears they charge sales tax for each state. Am I correct? Does anyone know off hand if they charge sales tax for PA?

Tony

I'm in Pennsylvania, and I won several items from them the other night. They did not charge me any Sales Tax.

Heritage has the best Lot ending drill. Each lot is treated individually. Auction closing time was 11 PM (EST); and, after a 5 minute lapse in bids
on any particular lot....BANG....that lot has ended.

I had won 5 lots by 11:40 PM (EST) and I went to bed. I wish some of the other Auctions would adopt this procedure.


TED Z
.

[iowadoc77]

Great AH in my opinion. Great customer service, and i received my 20 pound pair of catalogs yesterday. May be a very unproductive day at the office today!

[Stonepony]

Originally Posted by tedzan

I'm in Pennsylvania, and I won several items from them the other night. They did not charge me any Sales Tax.

Heritage has the best Lot ending drill. Each lot is treated individually. Auction closing time was 11 PM (EST); and, after a 5 minute lapse in bids
on any particular lot....BANG....that lot has ended.

I had won 5 lots by 11:40 PM (EST) and I went to bed. I wish some of the other Auctions would adopt this procedure.


TED Z
.

I believe this auction has a 30 minute ( if no further bids )lot by lot closing

[Exhibitman]

Jay, unless you are buying to resell you must pay use tax which is the same as sales tax, so a brick and mortar Cali presence should be irrelevant.

[tedzan]

Originally Posted by Stonepony

I believe this auction has a 30 minute ( if no further bids )lot by lot closing

Dave

Here is the final bidding procedure in this recent Heritage auction......

" Auction Name: Sunday Internet Sports Collectibles Auction #151517
Auction Type Sunday Internet Sports:
These auctions are presented only online and bidding is only taken through our website. 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) 5 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 5 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 10:03, the new end time for that lot would become 10:08. If no other bids were placed before 10:08, the lot would close. If you are the high bidder
on a lot, changing your bid will not extend the bidding during the 5 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 10:05. 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. "


And, that's how it worked this past Sunday evening. For example....the first lot I won had the last bid posted at 10:02 CT.

Precisely at 10:07 CT bidding was no longer possible on this lot. IT WAS DONE, I WON.


So, I'm not sure where you got your info regarding "30 minutes" ?



TED Z
.

[Stonepony]

Originally Posted by tedzan

Dave

Here is the final bidding procedure in this recent Heritage auction......

" Auction Name: Sunday Internet Sports Collectibles Auction #151517
Auction Type Sunday Internet Sports:
These auctions are presented only online and bidding is only taken through our website. 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) 5 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 5 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 10:03, the new end time for that lot would become 10:08. If no other bids were placed before 10:08, the lot would close. If you are the high bidder
on a lot, changing your bid will not extend the bidding during the 5 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 10:05. 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. "


And, that's how it worked this past Sunday evening. For example....the first lot I won had the last bid posted at 10:02 CT.

Precisely at 10:07 CT bidding was no longer possible on this lot. IT WAS DONE, I WON.


So, I'm not sure where you got your info regarding "30 minutes" ?



TED Z
.

Sorry Ted, I was referring to the current Catalog auction under discussion. According to their website each lot will close individually if no further bids for 30 minutes.