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How does Internet bidding work?

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How does Internet bidding work?

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A. The bidding action of our traditional auctions are simulcast over the Internet from our Website, allowing you to see each lot up for bid, the current high bid, the ask price, and to submit bids to the floor from your computer. Internet bidding during a traditional auction works the same way as if you were present on the auction floor. When multiple people are bidding at the same time, the auctioneer can only accept the bid of ONE bidder. However, as the bidding slows down, you will have plenty of time to place your final bid. When you are placing bids over the Internet, the same process happens.

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