There are no standard auction rules, but there are some popular rules. Here are a few...mix and match to suit your tastes:

Type

• "This is a Once, Twice, Sold auction."
• "This is a fixed-length auction."

Duration

• "Auction ends when all items have been marked Sold."
• "Auction ends on such-and-such a date at midnight."

Currency

• "All bids must be in US$."

Minimum Bid Increments

• "Bid in $1 increments."
• "Minimum bid increments go by the following sliding scale: ..."

Payment

• "You may send a personal check, money order, cashier's check, or other non-cash form of payment. There will be a one week waiting period for personal checks to clear."

Shipping

• "Free shipping if you live in the U.S. Otherwise, you pay shipping."
• "Free shipping if your total is $50 or greater."
• "Fixed $3 shipping fee if you live in the U.S."
• "Buyer pays shipping."

8 Jan 96 [TSL]