BUYING AT AUCTION

Live bidding is the traditional method of bidding. Prior to bidding, all bidders must register to receive a bidder number from our clerk. To receive your bidder number, buyers must give their name, address, phone number, and provide acceptable identification. To bid in the auction, raise your bidder number for the auctioneer to see. When you are finished bidding on your selected lots, bidders will collect their items and return to the clerk to pay for your items. Payment is required on the same auction day.

These auctions take place online and WITH, "in person" live bidding. They can take place on one online platform or over several online platforms being updated simultaneously as stated in the ONLINE ONLY AUCTION section along with an on location, live audience with a bidder numbers as stated above in the LIVE AUCTION section. Because bids can come from several sources, a tie for the high bid can be possible. In the event of a tie for the high bid, the first bid given - regardless of its source - wins. Magna Auction Company or any of its staff shall not be held responsible or liable for any human or technical issues, bidding errors, or internet bidding system shutdowns that may occur.

Online only auctions are open for pre-bidding until the specified date and time, at which time pre-bidding will cease and the auction will go live. Online auctions do not have an auctioneer calling the bids. There is a bidding window and the bidding window may or may not include a time auto extended feature. At the end of this period, the bidder who has submitted the highest bid wins the lot. Magna Auction Company or any of its staff shall not be held responsible or liable for any human or technical issues, bidding errors, or internet bidding system shutdowns that may occur.

Magna Auction Company may offer one or several platforms to bid online. Online bidding allows you to bid via the internet. Please see the auction listing to see which platform(s) you can use to bid on items you’re interested in. These auctions are open for pre-bidding until the specified date and time, at which time pre-bidding will cease and the auction will go live. They are conducted over an extended period of time as listed on the auction listing. Lots will be sold one at a time, in numerical order, by a live auctioneer who will be taking bids from one platform or over several platforms being updated simultaneously on the day of the auction. These auctions take place with NO "in person live audience" bidding. Because bids can come from several sources, a tie for the high bid can be possible. In the event of a tie for the high bid, the first bid entered - regardless of its source - wins. Magna Auction Company or any of its staff shall not be held responsible or liable for any human or technical issues, bidding errors, or internet bidding system shutdowns that may occur.

Absentee and phone bidding is only available to those bidding at a LIVE AUCTION. Please fill out our Absentee and Phone Bid Form and present it to our clerk no less than 24 hours before the auctioneer starts. Magna Auction Company will not be held responsible for any errors, omissions or failures to execute the bid(s) stated on the form. Absentee and Phone Bid Form must be submitted in writing. Minimum Requirements - · Absentee Bids - A fifty dollar ($50) minimum bid is required per lot. · Phone Bid - A two hundred dollar ($200) minimum bid is required per lot.