Greetings from Smith House. Auction 101 is open for bidding. The last day to bid is this Saturday January 25th.



You can bid by phone or on the website at https://www.smithhousetoys.com. Open bidding runs until 9am edt on Saturday the 25th. Please be aware of the time differences where you live. At 9am the auction switches to 5 minute overtime periods. When the first 5 minute overtime period passes with no new bids received on anything in the auction the entire auction is over. If the auction is still open at 1pm the overtime periods are reduced to 2 minutes. When the first 2 minute overtime period passes with no new bids received on anything in the auction the entire auction is over. We do not close items individually. There are not a set number of overtime bidding periods and the auction does not have a set closing time. For example, if we receive a new bid on any item in the auction at 1:15pm the entire auction will remain open until at least 1:17pm. If we DO NOT receive another new bid between 1:15 and 1:17 on any item in the auction the entire auction is over.



The last few auctions have ended several hours after the overtime bidding periods start but there are no guarantees after 9:00am edt on how long the auction will remain open. We suggest that you place your initial bids by 9am edt on the 25th and then either follow the auction or use the maximum bid function if you do not wish to follow the auction until the end. A maximum bid will only be used if/when another bidder is bidding against you on the same lot. Max bids can be placed on the website or by phone.



If you are bidding on the website please take a few minutes and review your bid sheet when you are finished each bidding session. Contact us immediately if you have made any errors. We will be happy to fix errors if we are contacted immediately. We will not fix errors after the auction is over.



Checking your bid sheet is also the best way to determine the status of your bids. We send bid confirmation and outbid notice emails but in some cases these emails don't get delivered depending on your email provider, spam filters and any number of other factors. The biggest issue we've found is with Comcast. If you have a Comcast email address you most likely will not get any of these emails. If you have an alternate email address please let us know.



Thanks for your support and good luck.



Craig & Susan Thompson