Opening Date: Monday, February 4, 2008
Closing Dates: First phase of bidding closes Monday, February 11, 2008, when all web and phone bids cease for a full 10 minute period after 8:00 P.M. PST (11:00 P.M. EST). Second phase of bidding (top three bidders) closes as each item is resolved, or no later than Wednesday, February 13, 2008 at 5:00 P.M. PST (8:00 P.M. EST).
Use the bid form by selecting "Submit my Bids" in the header. Follow the instructions on the form. You may submit your bid at the next bid increment (as in a live action) 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").
(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"). (3) Indicate your preference for phase two "top three" callback service.
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 if applicable). 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. . All items with two or more active bids at the close of phase one will enter into phase two bidding. Only the top three bidders requesting call back service will be permitted to participate in phase two of the final bidding. A reasonable attempt will be made to contact those among the top three bidders on all active items; however, all bidders are encouraged to call in periodically to verify their positions. The winner of each item is declared when all competitive bidding ceases, or when the phase two bidding period expires.
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 reserve. If you are the first bidder on any given item, your opening bid amount will be equal to the listed reserve.
Buyer's Premium: All items will be assessed a 10% buyer's premium on the final bid amount received.
Priorities: Don't hesitate in submitting more bids than your budget can afford. You can do this by indicating your order of priorities and your maximum combined dollar amount available for purchases. We will bid on your behalf up to your specified limit in the priority sequence you provide. If/when you meet your limit, we will drop your name from your remaining lower priorities.
Closing Results: You may call, email, or visit this site on the following day after the closing 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 BP, if applicable. 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 7.75% 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. The following rates are estimates only. 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. Domestic shipping fees can range from $4.60 to $7.50 for the first item and $1.00 to $6.00 for each additional. Insurance is $2.00 up to $100 valuation, and $1.00 additional per $100.00 valuation thereafter. For values of roughly $1,700 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 by mail, phone, on-line 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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