No Minimums. No Reserves. No Buybacks.

There are several potential advantages to purchasing goods at auction.  Auction bidders can purchase unique items not available in any other venue at attractive prices compared to retail outlets.  The key is the competitive bidding process in which prices are not set arbitrarily but are set by the bidders themselves and so represent fair market value.  Online auctions have the added advantage of convenience for the bidders who can bid from their own computers on their own schedule.