Placing Bids

We strongly urge bidders to place initial bids early. Bids are welcomed and encouraged before the closing date of the auction. Most bidders choose to place their initial bids days before the closing dates.

Bidding increases in 10% increments.  The sofware will advise you of the next available lowest bid amount.

Once the Auction closes at 7:00 PM pst, the 15 minute rule will take effect.  This means that the auction will stay open for additional bidding after the closing time for a minimum of 15 minutes.  Everytime a new bid is placed after the initial closing time of 7:00 PM pst, the 15 minute clock will restart. The entire auction will remain open until there has been a 15 minute period with no bids placed. Items DO NOT close individually.

Please be advised that If You Have Not Bid On An Item Before 7:00 PM Pacific Time On The Day The Auction Closes, You Cannot Bid On That Item After 7:00 PM. There are No Exceptions to this rule. Because of this rule, if you are the only bidder on a given lot at 9:00 PM then that lot is automatically yours even though the auction remains open. If at 7:00 PM you are the high bidder on a given lot which has also received bids by other bidders, then there can still be further bidding on that lot after 7:00 PM, But only by you and the others who have previously bid on that lot.

Once a bid has been submitted to, and confirmed by, the Auction Software, it becomes permanent and may not be withdrawn. 

Bid Notifications Via Email

You will receive bid confirmations and outbid notifications via e-mail on every item for which you are bidding, except when you are immediately outbid upon placing your bid due to an existing higher ceiling bid. In this case you will be notified on your computer screen. It has been our experience that many internet service providers (yahoo, hotmail and gmail in particular) and email programs will randomly identify these e-mails as spam and will delete them or delay delivery. As this is out of our control, we are unable to rectify this issue. As a result, we strongly recommend users track their bids as we cannot guarantee timely delivery of the notification e-mails through many ISPs. You may also want to set your e-mail to accept all messages from our e-mail domain.

"Max Bids" (Up To, Ceiling or Limit Bids)

"Max Bids" (sometimes called UP TO, CEILING or LIMIT BIDS) are an option. When placing such a bid you are instructing Andy Madec Auctions' software to competitively bid on your behalf up to, but not over, a given limit. Such bids must be calculated in the appropriate 10% increments to ensure that other bidders are not being outbid by less than the appropriate bidding increment. The website automatically calculates these increments for you. The bidding system will automatically execute "Up To" bids within seconds after a bid with an "Up To" has been topped. Remember, all bids must comply with the minimum bid raise rule.

Multiple "Max Bids" (Up To, Ceiling or Limit Bids)

If you are the high bidder and you want to place a "Max Bid" at a later date, your current high bid will remain the same.  If you previuosly placed a "Max Bid" and you want to increase your "Max Bid", the current high bid will remain where it is unless your high bid has been tied by another bidder, in which case your current bid will be increased to the next 10% increment and your new "Max Bid" will be set. 

"Straight" Bids

Bidders may place a "Straight" or "Absolute" bid on a lot. A "Straight" bid is defined as a bid placed at a level higher than the current next incremental bid. All straight bids must be placed in appropriate increments for the specific lots to which they apply. In the event of tie bids, the earlier received bid will take precedence. This is especially significant with reference to "Straight" bids because if a "Straight" bid is placed at a higher than normal incremental increase on an item on which another bidder has left an "Up To" bid, such "Up To" bid will have priority. For example, if a lot is bid at $100 by Bidder A with an "Up To" of $121, and Bidder B attempts to top the current high bid of $100 with a "Straight" bid of $121, then Bidder A's "Up To" will automatically be executed and Bidder A will be the high bid at $121. Bidder B will be informed that he is not the high bid at $121, and that the next bidding increment is $133. In this way, the bidding process can accommodate bidders wishing to place "Straight" bids while not compromising the bidding strategies of "Up To" bidders.

PLEASE NOTE:

All lot-description referencing the PSA Population Reports, PSA SMR values, and PSA Set Registry rankings are accurate at the time the catalogue description is composed. Bidders should be advised that this information is always subject to change. Andy Madec Sportscards, Inc. will not accept returned items based on apparent discrepancies in information cited from these sources.

Andy Madec Sports Cards

P.O. Box 338 Camarillo, CA 93011

 Off: (805) 987-3055 Cell: (805) 657-0533 Fax: (805) 482-6944

Click here  to email us.