2.5 How to place a Bid

Once the auction registration has been completed and you have received the confirmation email, inside the Auction Page you will see  Approved in the Registration field of the auction you were requesting to bid on.

From now on, you can bid on each item of the auction, even if the day of the Live Auction is far away. The way to place a bid is the same for both Timed and Live Auctions. If the Live Auction has not yet started, in the Status field it appears Upcoming: in this case you can always submit an Absentee bid, entering, in the My max bid field, the maximum amount you are available to pay for that item and then clicking on Place Bid button. Please remember that your max bid cannot be lower than the Starting Bid of that item.

You will be always asked to confirm your bid clicking of the Confirm button

Then a pop-up window opens to confirm you that “Your bid has been placed successfully!” An email confirming your bid is immediately sent to your email address by info@navillenumismatics.com.

If the bid you placed is the highest one received till now, on the right of My Max Bid column, you will find “Your High Bid” in green color. Below your max bid you can also see the Current Bid, so the amount at which you are temporarily winning the item. In brackets the number of bidders that so far bid on that item. 

If another bidder (Mattia in the example below) submits a bid (£ 380) lower than your max bid (£520), on the right of  his Max Bid, he will find “outbid!” in red color, while you will continue to find “Your High Bid” in green color. The only difference is that now the Current Bid, so the amount at which you are temporarily winning the item, increased to £390, so to the amount offered by the other bidder (£380) plus the bid increment planned for that amount (£10). With the other bidder offering, the number of bidders inside the brackets got 2. 

If Mattia submits a bid of £600, so higher than your max bid (£520), on the right of  Your Max Bid, you will find “outbid!” in red color.  An email confirming your bid had been Outbid is immediately sent to your email address by info@navillenumismatics.com.

Now if you want to become again the temporarily winner, you must increase your bid: so click on Change bid button in the Catalogue page or in the Watchlist page or in the Bidding on page and make a new bid. Alternatively, if you like, you can enter in the Lot page submit your bid from there, as shown below:

If you enter your bid and then click on Change bid! button, you will be requested to confirm your bid. Then if you will be the highest bid, below of My Max Bid, you will find “Your High Bid” in green color.

 If you go back in the Catalogue page, or in the Watchlist page, or in the Bidding on page, you can see there the updated situation of your item.

Don’t forget that in Timed Auctions Bidders can bid up to the “time left” has run out. Conversely, in Live Auctions, Absentee bidders can bid up to the start of the Live session of the Live Auction, only electronically through NN’s Website. After that, Absentee Bids are no more accepted (“bidding paused” appears). From that time on, the only opportunity to bid is to participate to the Live Auction.

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