IN THE ROOM

What Happens When You Bid

pre‑owned timepieces · live auction

Finding A Watch

Selection

When you enter, you'll see a selection of pre-owned watches up for auction.

Actual condition

Clear photos show the actual watch as it is, including any visible marks and wear.

Key details

Key details help you understand the watch's specifications and current condition.

Value insight

The Value section explains what the watch offers, where it sits in the current market, and how its Starting Bid compares with the current pre-owned market range.


Placing A Bid

Starting price

Every watch begins with a Starting Bid set by Solvera.

Price moves up

As people place bids, the price moves up.

Each new bid moves the price up by RM100.

Take the lead

When you place the highest bid, you take the lead.

Outbid

If another bidder places a higher bid, you will be outbid.


Using Save Max Bid

Set the amount

Save Max Bid lets you set the highest amount you are willing to bid for the lot.

System auto bid

The system then bids automatically on your behalf, only when needed and never beyond your limit.

System auto stop

If another bidder places a bid above your limit, the system stops bidding for you.


Following The Auction

Stay in the loop

You can return to the auction lot at any time to check the Current Bid and see whether you are still leading.

Get Notify

If another bidder goes beyond your bid or Save Max Bid limit, we will let you know.

Decide Your Action

You can place another bid or leave it there.


When the auction is about to end

Time Extended

If a bid is placed within the final minute, the auction end time will be extended by three minutes.

Each further bid placed within the final minute will extend the auction by another three minutes.

Time to respond

This gives other bidders time to respond.

The auction ends when no further bids are placed within the final minute.


The Outcome

Auction end

When the auction ends, the highest bid wins the watch.

Win

If your bid is the highest, the watch is yours.

Do not win

If you do not win, your Authorisation Hold will be released automatically. No payment is required.

Receiving your watch

If you win, the next step explains what happens after payment and how your watch can be collected or shipped.