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Bidding on a Sealed-Bid Auction


In a Sealed-bid auction, you can see only the bids that you have made. All other bid information is hidden, including which bidder is winning the auction.

Any other auction except for a Dutch auction can also be a Sealed-bid auction. The bids in a Vickrey or Reverse Vickrey are automatically sealed. Also, because Vickrey and Reverse Vickrey auctions only accept single-quantity items, the Accept Partial Quantities field will not appear for those auction types.

To place a bid on a Sealed-bid auction

  1. Navigate to the Auction Item Detail screen for the Sealed-bid auction item.
  2. Click for full size image

  3. From the Place Bid form, enter the amount of your bid in the My Bid field.
  4. NOTE:  There is no AutoBid for Vickrey, Reverse Vickrey, and other Sealed-bid auctions.

  5. In the My Quantity field, enter the number of items on which you want to bid.
  6. If you will accept less than the quantity you entered in the My Quantity field, click to check Accept Partial Quantities.
  7. NOTE:  The Accept Partial Quantities field does not display if the quantity is one.

  8. Click Place Bid.
  9. If your bid was entered correctly, it is entered into the auction and the auction is added to your My Auctions screen.


 Siebel eAuction Guide 
 Published: 18 April 2003