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Building Relationships in Excess and Secondary Steel

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This practice auction demonstrations how a single item auction operates. 

This practice auction is set up with the seller's minimum acceptable bid of $25 - the minimum amount the seller will accept to sell the item. The minimum bid increment is $.25. When the auction starts Current High Bid is is the seller's minimum acceptable bid less the minimum bid increment. The first bidder needs to bid $25 (the seller's minimum acceptable bid) or more to be the high bidder. The bidding period for practice auction is 5 minutes.

You can assume the role of the seller, one of three invited bidders or that of a visitor. Press the buttons below to change roles.

This practice auction is a visible invitational auction. The seller determines who can bid by identifying the email addresses of his authorized bidders. For this demonstration auction three bidders have been authorized by the seller. This demonstration auction is visible so visitors can view the auction but can not bid. Visitors can request that the seller authorize them to bid.

The seller determines whether the auction is visible to visitors and potential bidders or only to authorized bidders.

Proxy bidding does not apply. In the event of tie bids, the first bid submitted will be applied.

The duration of the bidding period is fixed and is not extended. Don't wait until the last moment to submit your bid or it may not be accepted.

At the close of the bidding period, the high bid amount and the email address of the bidder with the high bid is provided to the seller. The bids or ranking of the other bidders in the auction is not disclosed to the Seller. The identity of the winning bidder is not disclosed to the other bidders.

If your current bid is greater than the high bid for an item and you are not the current high bidder, your bid needs to be increased to an amount equal to or greater than the high bid plus the minimum bid increment.

Single Item Practice Auction

Your Role:
Demonstration Single Item Auction

Your bid is NOT the current High Bid.

Seller: Rearden Metals
Current High Bid: $24.75 
Minimum Bid: (Enter US 25.00 or more)
Enter your Bid:
Your Current Bid is: 0.00
Minimum Bid Increment: $0.25
Bidding Ends: Friday, May 16, 2008 3:10 AM
Proxy bidding does not apply. A bid is considered to be the amount the bidder is willing to pay.
Auction Item
Black Plate  Coil
11 Secondary Black Plate Coils 144,730#
.014 X 31.875 to 42.5
Location: Allenport, PA

Refresh this page without bidding to see if additional bids have been made.

Auction Information
Carefully review your bid before submitting.

Proxy bidding does not apply. A bid is considered to be the amount the bidder is willing to pay.

The bidding time period is not extended.

Seller's Contact Information
Rearden Metals
Mr. Hank Rearden
seller@steelspider.com
Company Phone: 412 963 6180
Pittsburgh, PA 15215
This is only a test. This material does not exist. This company does not exist either.

Additional information about the item.
11 black plate coils ranging in weight from 6,470# to 35,040# sold as a single lot.

See the Dimensions as Weights file below for more information.
Supplemental documentation files.
Dimensions and Weights.
Terms and Conditions of Sale.