How to Bid

How do I bid?

All bidding is done remotely - there is no live floor auction. Bids are accepted by e-mail, phone or mail.

Email: mapleleafauctions@hotmail.ca
Phone: (613) 257-7756

Mailing address
Maple Leaf Auctions
c/o Scott Wallace
27 Victoria Street
Carleton Place, Ontario, Canada
K7C 2W2

Do I have to register to bid?

No. There is no formal registration process. Regardless of how you bid, please provide your full name and basic contact information as warranted, e.g. if you call and leave a voicemail - please leave a phone number where you can be reached.

Why is bidding not automated?

The software which allows for automated bidding is too expensive for a small business like ours to afford. The manual process we use has advantages and disadvantages. The biggest advantage is that you get personal service. The biggest disadvantage is having to wait to have your bid(s) confirmed.

Is there a Buyers' Premium?

The Buyers' Premium is 12%.

Does tax apply to sales?

Canadian residents pay sales tax. The tax varies depending on your province. You pay tax on the total cost of the lot – including the Buyers' Premium.

What are the bidding increments? How much should I bid?

Each lot will list a Minimum Bid and a Current Bid price. If the lot has not been opened, you can bid the Minimum. If there is a Current Bid, then you must go higher. The bid increments are as follows:

  • Up to $100: Increments of $5
  • $100 - $250: Increments of $10
  • $250 - $500: Increments of $25
  • $500+: Increments of $50

What is a "Back Bid"?

A "Back Bid" is also called a "Reserve Bid" or a "Left Bid". All three mean the same thing. If you wish, you can leave a bid higher than what is necessary to be on top. For example:

Lot #1 has a Current Bid of $50.

You must bid $55, but you could leave a "Back Bid" at a higher price, say $100. If there was not already a "Back Bid" on the lot, then the lot is yours at $55 for the time being and you are protected up to $100. Anyone bidding after will have to go higher than your "Back Bid" to get the lot.

Should I leave a "Back Bid"?

It is your choice. You can bid one increment at a time or you can leave a "Back Bid". People often choose to leave a "Back Bid" because it saves time. But others prefer to keep their plans to themselves.

What happens if I tie another bidder?

In the event of a tie, the earliest bid received wins. So if you tie someone else's "Back Bid" the lot remains theirs. If two bids of the same amount are received in the dying seconds of the auction, the earlier bid (based on time sent) wins.

How do I find out the results of my bids?

We will get back to you. If you e-mail your bids, you will receive a confirmation back by e-mail. If you call, we will call you back. If you mail - we will try and confirm your bids by phone or, failing that, write you back.

Important: In the last few minutes (usually about 20 mins) before the auction officially closes, we get a lot of bids by e-mail and the phone is usually busy. We are not able to acknowledge bidding automatically during this closing time. You can expect to have to wait as much as two hours to know the final results of your bids.

Until what time are bids accepted?

Bids are accepted up until the closing time of the auction - which is now 6pm Eastern Standard Time (EST).

What if the server is busy and my e-mail bid is late?

Every e-mail carries a time and date stamp, indicating when it was sent. All bids date stamped by 6pm (EST) on the closing night will be accepted, even if we do not receive them until after the hour.

What if your phone is busy when I call to place my bid?

Phone bids must be placed by 6pm (EST) on the closing night. If you get our voicemail, leave a message with your bids. All bids left on voicemail by 6pm (EST) will be accepted.

Important: If bidding by phone in the last minutes before the close, you must leave your bids on the voicemail for them to count. Tell us the lot number and your bid price. You cannot simply ask to be called back.

Do all lots close at 6pm EST on closing night?

No. All lots that realize a bid price of less than $500 close at 6pm EST on closing night. But lots that realize a bid price of $500 or more may go into "Callbacks".

Important: In the last few minutes (usually about 20 mins) before the auction officially closes, we get a lot of bids by e-mail and the phone is usually busy. We are not able to acknowledge bidding automatically during this closing time. You can expect to have to wait as much as two hours to know the final results of your bids.

What is a "Callback"?

If you bid $500 or more for an individual lot, you can request a "Callback". When an auction closes bidding continues on all lots in callbacks until the callbacks are completed.

We use callbacks to protect bidders against "Snipers". A "Sniper" is someone who bids in the dying seconds of the auction. Registering for a callback ensures you have the opportunity to respond to a bid placed at the last second of the active auction.

Important: You must request a callback when you bid? We do not automatically call you back if a lot goes over $500 bid. You must leave a phone number at which you can be reached the day after the closing.

How long does it take for "Callbacks" to be completed?

Callbacks are usually completed the day after the closing night. It is the responsibility of the bidder to leave a number at which he/she can be reached promptly after the close.

Are there reserves on any lots?

Yes – in an average auction there are a few lots with hidden reserve prices. Maple Leaf Auctions sets the minimum bids on lots relatively high (usually half the high range value) effectively removing the need for a reserve. However, some higher value items may have hidden reserve prices. In active bidding, these are treated the same as a "Back Bid". See above for a definition of a "Back Bid".

AUCTION 43 – SPRING 2017

Opens Wed May 10
Closes Sat May 20 at 6pm EST
Click here for full details.

Stoneware Redware Miscellaneous Eastern Ginger Beers