Robert Edwards Auctions, first major auction

[ricktmd]

Typically with auctions in any field you need to pay by check or money order. In terms of modern methods if you mean credit cards or paypal an auction house is not going to absorb the fees associated with either. I cant say for sure but I do believe they would allow a wire transfer. I do agree that the auction closing time is confusing. In most auctions outside of memorabilia or sports cards an item ends when it has no bids from 1 to 5 minutes but can continue indefinitely if it has bidders within the time period. I prefer the method that any lot closes when there are no bids on the specific lot within 15 minutes. The hard close at midnight seems odd to me but I don't have a good suggestions as to how it should end. If it went on past midnight there would be continued bidding so I am not sure how the hard closing helps consignors or the auction house financially