Bid Types and Bidding Information

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Bidding Types and Bidding Information

Here is an explanation of the types of Bidding and bidding settings that you will use on our site.

Auto Bids

Use Auto Bid to have Mr. Coinshop bid for you in our auctions. By bidding as much as you want to spend and using an auto bid, Mr. Coinshop will automatically place a bid at the next increment up to your maximum bid, if someone bids more than the current bid and less than your Auto Bid.

Auto bids will also automatically advance the bidding to the level of the reserve or your maximum Auto bid. Whichever is lower.
For example:
You are bidding on an item that is currently at $.99. Using auto bid you place your bid maximum at $5.00 (the most you are willing to pay for that item) Your first bid placed by the auto-bidder will be $.99. If someone else bids on the item and lets say they bid $1.25, the auto-bidder will place a bid automatically for you at $1.30, you remain the high bidder. If someone then bids $5.25, this amount being higher than your maximum bid, they will be the NEW high bidder, and you will have to place a new HIGHER maximum bid if you are still interested in the item.

Regular Bids

A Regular Bid is a standard in auction bidding. The amount that you place into this field will be the amount of the bid that you are making.

The nescessity of having to continually update your bid is a drawback to this type of a bid.

Buy Now

The BuyNow Price is set by the seller at the amount He/She is willing to sell their item outright.

When an item is purchased outright using BuyNow, the bidding process is bypassed. If there is only one item being auctioned the auction will be closed immediately. When there are multiple items being auctioned as in a Yankee or Dutch auction, the quantity is reduced untill there are no items left then the auction closed. The number of BuyNow purchased is shown next to the number of bids on auction details page.

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Welcome to Coinshop.com your one stop online coin shop. Check back often for coin auctions! We specialize in proof and uncirculated coins of all denominations, pennies, nickels, dimes, quarters, half dollars, dollars, state quarters, presidential dollars, rolls, silver coins, commemoratives, Gold and Silver Bullion, and coin supplies. Our Proof coin selection is second to none on the web look here first for any proof coin you would look for in a coin shop, just come to coinshop.com for great coins for your collection. If you are a coin collector our coin shop carries a full line of Proof Half Dollars , Kennedy and Franklin as well as the Bicentennial all in clad or Silver. Coin Shop carries the full spectrum of Proof Dollars , Eisenhower , Susan B Anthony , Sacagawea and the new Presidential Dollars. Coin Shop has the Eisenhower Dollars in Proof and Uncirculated as well as Silver and Clad. If you need supplies for your coin collection, come to coinshop.com . Here at our online coin shop we carry a full assortment of coin flips , coins air-tites , coin boxes , coin collecting books , Dansco coin albums , Harris coin folders and Whitman coins folders . Our coin shop specializes in proof rolls , whether you are looking for Proof Lincoln Cents , Proof Jefferson Nickels , Proof Roosevelt Dimes , Proof Washington and State Quarters , Proof Kennedy or Franklin Half Dollars , Proof Eisenhower , Susan B Anthony , or Sacagawea Dollars , whatever you are looking for to fill your coin collection, you can find them in rolls here at coinshop.com . Coinshop.com, you one stop shop for online coin auctions, is proud to announce FREE SHIPPING anywhere in the United States. You talked, we listened, FREE SHIPPING is our most exciting news to date for your favorite online coin shop, coinshop.com. You can order as many proof coins, uncirculated coins, coin rolls, coin collecting supplies and commemorative coins as you like, we ship for FREE anywhere in the United States.