Yes. You have until a certain date to register your interest in a lot and then after the closing date, it's between you and whoever else has entered the minimum starting bid. You then keep going backwards and forwards until everyone else gives up and you are the last man standing. Can go on for a week or more. Oh right, thanks for that. Presumably the winner is the one whose bid still stands after say, 24 hours, with no further rival bids ? ~ and that everybody is still in the race until that point. From memory, last time I got an email every time I was outbid asking me if I wanted to continue. I think there must be a time limit if they don't hear from you, can't remember what it is though. I think it's called "taking the piss" I'll save my money for auctions where I know when it ends and where my first bid is my only bid (whether highest lowest or derisory compared to others). Some nice looking stuff so good luck to those of you who put yourselves forward for the hassle! Where's the coins? I see the announcement but can't see a link to view the coins