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Bid Timestamp Option

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Timestamp options allow a site administrator to determine the timestamp a replacement bid will get. Allowing a replacement bid to retain an earlier timestamp gives that bid a timestamp advantage. A timestamp advantage results in:

Bids with a timestamp advantage having only to meet, rather than exceed, a competing bid with a later timestamp.
A bid with an earlier timestamp winning an auction when two bids are competing for the same items at the same bid amount.
An activated AutoBid with a timestamp advantage having the bid amount raised to match, not exceed, the amount of a later competing bid.

The administrator can set timestamp option to one of the following:

Option 1: Users who have prior winning bids have their follow-on bids time-stamped to the time of the prior winning bid.
Option 2: Users who have placed any prior bid have their follow-on bids time-stamped to the time of the prior bid.
Option 3: New and replacement bids are time-stamped when placed.

NOTE:  Although the tie-break option is controlled by the eAuc:BidTimeTieBreakOption System Preference property, the option can be overridden on a per item basis through the use of the Bulk Upload feature. For more information on Bulk Upload, see Using Bulk Upload.

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