Ebay Auction Formats You’ve Never Heard Of

Ebay Auction Formats You’ve Never Heard Of

Almost everybody who owns a personal computer and has an Internet connection knows what an eBay auction is. Most of them have participated in at least one but those who haven’t are still well aware of eBay auction.

The usual eBay format and the one that most everybody uses is where an item is listed for an auction on eBay. Bids are accepted over a period of days. There are, however, three other types of eBay auctions.

1.The Live Auction: This auction is not conducted over several days but, rather, over a few hours and the items being auctioned are usually very expensive and/or very unique. These are auctions that are being conducted at auction houses.

Through eBay, if you have pre-registered you can place real-time bids on works of art, fine jewelry, or rare collectable items. On December 1 and 2 there will an auction of Civil War items, for example. You must be at your computer to bid on items at live auctions.

2.Private Auctions: The names of the people bidding on items at private auctions are hidden from everyone except the seller.

These items are auctioned in the usual eBay auction format except that only the seller is privy to the identities of those who are bidding on items.

Reasons why identities of bidders would only be available to the seller is a bit of a mystery.
The only plausible explanations that I find possible are; that the items are expensive and the buyers might not want others to realize they have the financial wherewithal to bid on such items, the buyers might be embarrassed for others to know they were bidding on such items, or the sellers are making it more difficult for competitors to see what they are selling their items for.

3.Restricted Access Auctions: This was a new one for me. The bidders must all be over 18 years old and must have supplied credit card information to eBay. Bidders must also agree that they are voluntarily participating in the auction.

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