Auction rules
The price falls according to a schedule established before the auction begins. A confidential closing price is fixed before opening at a randomized premium above reserve. If that price is reached without a valid claim, the auction ends and displays its final price.
The first eligible customer whose valid claim is accepted receives a short hold at the server-confirmed price. Clicking claim does not complete a sale. Bespoke Bazaar rechecks source availability and price, then authorizes a payment method. Payment is captured only after acquisition is confirmed.
If no valid claim is accepted, the auction ends without a purchase and the lot is not offered again. Displayed participant and audience figures reflect application activity and identified external sources.