SEALED BID AUCTION
As most of you know, due to the Covid-19 pandemic we have changed our auction format to a SEALED BID AUCTION. We have had a lot of questions on this format so here we hope to help ease your concerns. Please also note that until North Carolina enters Phase 3 we will remain under the SEALED BID AUCTIONS. We are all very eager to get back to normal but please know that we are doing what we can, following recommended guidelines, & protecting you and our employees.
For the sealed bid auction we provide at least one and a half days of viewing for each auction. This means you can come look around at the merchandise, count items, and prepare for your bid entries. We have an auction list and bid entry sheet available at the door. We end viewing at 12:00 on the last day. You can enter your bids under your approved website account (for registered bidders only) or in person in a drop box provided in the auction warehouse.
After 12:00 all bids are tallied. All winners are notified by 5:00pm via email. All invoices must be paid the following business day by 12:00 noon. Cash or Credit Card only in the cashiers office. Pick up day is always the DAY AFTER the auction ends. We do not store items for buyers, you must make arrangements to pick up on the pick up day provided or we ask you not to bid.
There is a minimum bid requirement of $5 for each lot to sale. In the event of a tie we will contact the buyers. Each winner is charged $25 more than the second highest bidder. For example, If you have a $300 bid on an item and the next closest bid is $200 you will be charged $225 not $300.
We hope this clears up a lot of questions and if you have any more questions please click on the "Contact" tab and send us a message.