Q: How much does it cost to RELIST a coin and/or currency to the Auction Database if it does not sell?
There is NO CHARGE to relist items that do not sell. In fact you can relist an item as many times as you want until the item sells. You are only charged for the initial insertion.
Q: Do I get pictures included with each auction?
YES Coin Auction allows 2 pictures of your coin/currency for each auction that we host on our server. After you submit Step 1 of the Item Listing process, you are then asked to upload your obverse picture in Step 2 of the Listing process. Your obverse picture also doubles as your Gallery Picture and the following specifications apply:
Maximum File Size: 75K Maximum Pixel Size: 400 x 400
Once Step 2 is completed you are then asked to upload your Reverse picture in Step 3. This entire process is completed in less than a minute depending on if you know where you saved your pictures on your computer and how large they are.
We recommend trying to keep your pictures in the 30K to 40K range but you can use the maximum file allowance if you wish. You can also add more pictures to your auction listing by using HTML Code in your item description and then linking this code to your additional pictures hosted somewhere else on the web.
Q: Can I use HTML Code in my Item Descriptions?
YES Coin Auction does allow HTML Code to be used in Item Descriptions. From links to additional images you may use HTML Code in each auctions Item Description to expand your options.
Q: What is a Proxy Bid and does Coin Auction accept them?
A proxy bid is when a user bids above the current bid in essence bidding the maximum amount he/she will pay for the particular item.For example say on a given auction the bid is $25 and you place a proxy bid of $50. The new current bid would be $27 in this case. As users bid higher you would still be the current hi-bidder until someone outbids your $50 auction bid. If the bidding never reaches your maximum bid of $50 you will win the auction. And YES Coin Auction does accept Proxy Bidding.
Q: Can I pay for my Auction Bid with PayPal?
YES Coin Auction is programmed to Allow PayPal Payments for sellers who accept PayPal. When you list an item you have the choice right now to accept PayPal, Checks or Money Orders. We plan on adding other types of payments in the near future. You have a choice of paying with PayPal as an Auction Winner or by using the BUY IT NOW function if the seller selects this option when listing an item.
Q: What is a Verified User?
A Verified User is a user that has completed our Verification process located in the MyCoinAuction Manager. To complete the process we have either charged their PayPal account or their Credit Card a small amount ($2.50) to verify that the information the user gave at sign up is accurate. This means that the verified user has opened a bank account and that the financial institution at which this account resides is required to screen the applicant by law. This does not mean that the Verified User is in any way endorsed by CoinAuction.org.
Verified Users will have a icon appear on each of their Auction Item pages and on their FeedBack pages to let potential buyers and sellers know that they have independantly had their contact information verified by CoinAuction.org. The following icon will appear for Verified Users:.
Here is what PayPal says about their Verification Process:
To become Verified, a PayPal member in the United States must provide us with proof that he or she has opened an account at a bank or other financial institution. Because these institutions are required by law to screen account holders, PayPal's verification process increases security when you pay parties you do not know. Please note that PayPal's verification system does not constitute an endorsement of a member, nor a guarantee of a member's business practices. You should always consider other indicators when evaluating members, including length of PayPal membership and reputation scores (on eBay or other auction sites, if applicable).
