How to Bid

Online auctions offer an opportunity to bid on unique collectibles from the comfort and convenience of your own home. Follow these simple steps to bid on desired auction items.

Step 1: Access Auction

Cick on the Current Auctions Tab.

Step 2: Select Item

On the auction page, you will find the catalog detailing the available auction items and current bid prices. Click the “Bid” button next to the auction item on which you wish to bid. If the auction has not yet gone live, you may preview the items to prepare yourself for the live bidding.

Step 3: Preview Current Bids

Upon selecting an item, you will be directed to the bidding page showing real-time bidding information on the auction items, including:

• Current minimum bid – the lowest bid that you can submit for the item. The lowest bid consists of the current winning bid plus the bid increment.
• Starting bid – the initial price set for the item at the start of the auction.
• Bid increment – the minimum increased amount that you must bid above the current minimum bid.
• Quantity – the number available of this specific item.
• Auction ends – the date and time the auction will no longer accept new bids and winners are selected.

Step 4: Register

To participate in the online auction, you will need to register. Registration is free and only takes a couple of minutes.

A valid credit card (Visa, MasterCard, or American Express) is required for online auctions to register. At the conclusion of the auction, the credit card is charged for the items you have won unless you have arranged an alternative form of payment by contacting Oakwood Auctions prior to the conclusion of the auction.

Step 5: Place Bid

• Enter the username and password that you set up in the registration process.
• If there are multiple items available, click the “Bid Quantity” drop-down box to specify the number of items you wish to bid on.
• Select your bid amount using the drop-down box labeled “Bid Amount”. Your bidding choices start with the current minimum bid and go up by the minimum bid increments.
• After selecting your bid amount, click the “Place Bid” button.

Step 6: Current Winning Bids

Once you enter a bid, you will be sent an email confirming your bid price for each auction item selected. Your bid will be included in the current “Winning Bids” table at the bottom of the bid page until your bid is superseded by a new winning bid. This table provides auction visitors the following real-time information on the current winning bids:

• Bidder – the full name, city and state/province of the current winning bidder.
• Bid time – the time the current winning bid was placed.
• Bid price – the current winning bid plus the bid increment.
• Quantity – the number of items selected by the bidder in thecurrent winning bid.

Before the auction closes, check the current “Winning Bids” table on the bid page to see if your bid is still winning. If it is not, you can place another bid.

Step 7: Final Winning Bids

If you win the auction, you will either receive an automated email to inform you that you have won or Oakwood Auctions will contact you upon the auction’s conclusion. If you are sent an automated email and you have entered your credit card number during the registration process, your credit card will be processed and Oakwood Auctions will contact you to provide you more information regarding shipment of your purchase.  

We hope you enjoy exploring our auctions. If you have any questions please feel free to contact us at 905-591-7600 or shoot us an email at info@oakwoodauctions.com

GOOD LUCK WITH YOUR BIDDING!