Chesil Theatre - Bond is BackRead more ...
Welcome to the Chesil Theatre's Bond is Back fundraising auction.
Please read the Auction Guide below for details on how to bid and how to secure a lot if you are not attending the event.
Ø All bids will be legally binding. There is no buyer’s premium: what you bid is what you will pay if successful. Apart from a small handling fee for online bids, all proceeds go to the charity.
Ø We have done our best to ensure accuracy of the information given. If the description of a lot is materially inaccurate, the price paid will be refunded on request but no claim for any other costs will be entertained.
Ø Buyer collects from
1. You enter the absolute maximum that you are willing to bid for an item.
2. jumblebee places a bid on your behalf, using the minimum amount required to make you the highest bidder, i.e. current bid price plus bid increment OR the reserve price, if there is one and it can be covered by your proxy bid.
3. jumblebee continues to bid on your behalf, whenever you are outbid by another member's bid, until your maximum bid is exceeded or the auction is won.
4. jumblebee will notify you by email if your maximum bid is outbid by another member and provided the auction is still running, you will then have a chance to enter a new maximum bid if you wish.
The current bid on an auction item is £100. The minimum increment is £10. You enter a bid of £150 (your maximum bid).
Using your bid, but increasing only by the minimum increment, jumblebee sets the current bid to £110.
Another person bids £130 but they are immediately outbid by jumblebee bidding on your behalf and the current bid goes up to £140.
The auction finishes and you have won the auction item at a price of £140.