Opening Date: Wednesday, August 18, 2010
Closing Dates: Wednesday, August 25, 2010, when all email and phone bids cease for a full 15 minute period after 6:00 P.M. PST (9:00 P.M. EST). NOTE: No Callbacks or Second Phase Bidding for this Auction!
You must first register with Open-Wire Insulator
Services to participate in the auction. This is a one-time registration, so be
sure to save your username and password for use in future auctions. If you
forget your username or password, please select "Log In" in the header, select
"Forget your Username or Password?", then enter your email address. If your
email address has changed, please contact us directly so we may update it.
Bidding Instructions: Once you are registered, you will use the
"Place Bid" button found at each item to place your real-time bids. Real-time
bidding will post your bidding results immediately and notify you when you have
been outbid. You may submit your bid at the next bid increment (as in a live
auction) using the proper bidding increments shown in the chart, or you may
submit the highest amount you are willing to pay (referred to as your "top
bid"). We encourage you to use the "Place Bid" feature, but should you desire to
send us your bids in a direct email, there will be a delay due to the manual
entry process.
Placing your bids by phone:
(1) Present the auction item number for the item you wish to bid on. (2) You have two bidding options: Check current status of the item, then submit your bid at the next bid increment (as in a live action) using the proper bidding increments shown in the chart below. You continue in this fashion until you are top bidder or cease. Or, you may submit the highest amount you are willing to pay (referred to as your "top bid"). Please note: This is comparative to a live auction, ONCE SUBMITTED, BIDS CANNOT BE RETRACTED.
Submitting a "top bid" allows us to bid on your behalf, using the minimum raise amounts, until you are either the successful highest bidder or your top bid is surpassed.
Example: The current active high bid is $250. You submit a top bid of $500. The previous high bidder does not have a top bid entered, so you are now on top at the single increment bid total of $275. Someone raises your current high bid of $275 with his or her top bid of $325. We then bid one increment higher at $350 for you. This continues until you are either high bidder or your top bid is surpassed. If your bid of $350 is entered and no further bids are received, you win the item for $350 (plus buyer's premium). In the event that a bid submission ties a previously submitted top bid, the tie goes to the previous bidder. The current bidder must then surpass the tied amount by a single bidding increment to take current control of the item.
You may phone or email as often as you like to raise your top bid amount. Top bid amounts are kept strictly confidential until they are tied or surpassed. The winner of each item is declared when all competitive bidding ceases ceases at the end of the 15 minute bidding window.
Minimum raise amounts for open bidding:
Up to $200.00............................$10.00
$200.00 to $1,000.00.................$25.00
$1,000.00 to $3,000.00..............$50.00
$3,000.00 and up.....................$100.00
Reserves & Estimates: All items have a minimum acceptable value set by the consignors. This minimum is listed with each item as the Opening Bid. If you are the first bidder on any given item, your bid will be equal to the listed opening bid
15 Minute Window: This basically allows the auction closing to extend to an unspecified time as long as bids continue to come in within each 15 minute period after the posted pre closing time of the auction. Once a 15 minute period ends without any further bids received, the auction immediately closes and no further bids will be accepted. Not only does this allow for a more relaxed ending to an auction, it provides bidders the opportunity to consider additional items should their set maximum bids be surpassed on their current bid items in the final minutes of the auction.
Buyer's Premium: All items will be assessed a 10% buyer's premium on the final bid amount received.
Convenience Bidding: You may instruct us to bid on your behalf on additional items during the course of the auction should your final top bid on one or more active items be surpassed. You can do this by indicating: (1) Your order of priorities by item number, along with your maximum top bid amount (excluding BP) on each of these items. (2) Your total expenditure limit (excluding BP) on your total purchases. We will bid on your behalf up to your specified limit in the priority sequence you provide. If/when you successfully meet your total expenditure limit we will exclude your name from your remaining lower priorities. Contact us if you have any further questions or would like to sign up for this free service.
Closing Results: You may call, email, or visit this site on the following day after the final close of the sale, or anytime thereafter, to request your entry results. An invoice will be emailed to the winning bidders within three days of the auction's closing.
Post-Results List: A final post-results list will be posted within one day after the final close of the sale. A list of unsold catalog items may also appear 1-2 days after the sale, offering them for outright sale at a fixed price. Until such a list appears, all unsold items are immediately available at the close of the sale for the listed reserve, plus 10% BP. You may request availability of any unsold item any time after the close of the sale.
Payment: Cashiers checks, US Postal money orders and personal checks are accepted. Personal checks may slightly delay shipping. Sorry, we do not accept PayPal or credit cards. California residents must add 8.75% sales tax, or you may use a valid California Resale Permit number, in which case we will provide a one-time form for you to complete and return for our files.
Shipments: In most cases, shipments will go out within 2-5 days of receipt of payment. Items paid by personal check are subject to a slight "clearing" delay.
Shipping, Handling, & Insurance Charges: We primarily ship by USPS Insured Priority Mail. Since invoices are prepared and sent out prior to actual packing, we will use an estimated scale based on approximate weight of your order and your shipping location. We will never intentionally add extra fees for our labor or for packing materials. For the average size insulator, domestic shipping fees can range from $5.00 to $9.55 for the first item and $1.50 to $6.50 for each additional, based on your location. Insurance is $1.75 up to $100 valuation, and $1.00 additional per $100.00 valuation thereafter. For values of roughly $1,500 and over we ship by USPS Insured Registered Mail to provide reduced rates and secure shipping. Large, heavy items, such as power pieces, will have additional shipping charges added, as well as larger orders requiring more than one shipping package. Again, your shipping charges will be estimated fairly, but not always exact.
Colors: Colors are described and depicted as accurately as possible. Color shades may vary from one monitor to the next, so please call or email if you require additional information.
Return Policy: All inquiries and verifications as to condition and colors should be made prior to placing your bids. If you ultimately feel an item was inaccurately depicted or described, you may return it within three days of receipt. Otherwise, in all fairness to our consignors, no further conditions for returns are offered.
Bid Submissions: You may submit bids on-line (recommended), by mail, phone or in-person to:
Dwayne Anthony
28390 Saffron Ave.
Highland, CA 92346-6051
(909) 862-9279
** OWIS reserves the explicit right to
cancel and/or reschedule our auctions
should any unforeseen occurrence dictate
such action.
** We also reserve the right to refuse bid submissions from anyone.
OPEN-WIRE INSULATOR SERVICES is owned and operated by Dwayne & Ofelia Anthony. No portion of this auction, including photographs, may be copied or reproduced for financial gain without the prior written permission of Open-Wire Insulator Services. Free use of information and photos for non-profit educational purposes may be granted upon request.
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