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Author Topic: Official Auction for 25 LTC Limited Edition #71, #72, #73. #74 - Ends 7th Nov.  (Read 1229 times)
Coinographic (OP)
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Physical Digital Currency


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November 04, 2014, 07:17:03 PM
 #1

A Great Chance to own one of our limited edition 25 Litecoin!


Welcome to our official auction for coin numbers 071, 072, 073 & 074 of our Limited Edition 25 Litecoin. For more information about the product please visit our website - http://www.coinographic.com/25ltc-limited-silver

You can also watch a video review of this coin here - http://www.youtube.com/watch?v=YY-85wTq8dQ

This auction will run from now until 22:00 (forum time) on the 7th November.  Please be sure to read our Auction Procedure below before you place a bid.

To place a bid please use the following format;

#74 @ 0.85 BTC


The above would mean you have bid 0.85 Bitcoins on coin number 74. 


Auction Procedure

1) You are only permitted to bid on 1 coin per post; multiple bids in a single post will be ignored.  You can bid on as many coins as you like provided each bid for each coin is placed in a separate post.

2) The minimum bid for each coin is 0.85 Bitcoins.

3) The Auction will close at the 22:00 (forum time) on the 7th November provided there are no new successful bids during the 5 minutes immediately preceding 22:00 on the 7th November.

4) Any successful bids within 5 minutes of the auction close time (21:55 – 22:00) will extend the auction by a further 5 minutes; the auction will continue to extend in 5 minute increments until there are no more bids within the 5 minute refresh period.  This rule applies on a per item basis.

For example;

A bid placed on coin number 74 at 21:58 will extend the auction for coin number 74 until 22:03.  If a further bid is placed before 22:03 it will extend by a further 5 minutes.  This will continue until there are no more bids within the 5 minute refresh period.  At that point the auction for the specified coin will end and the winner will be allocated.

This rule is on a per item basis.  If coin number 73 had a bid at 21:58 and no further bids were received before 22:03 the auction for that coin would end and the winner would be allocated.



5) If you are the Winning Bidder for an item at our auction, you will be obliged to complete the transaction and purchase that item within 72 hours of the auction close.



Processing and Technical Errors

In the event of errors in processing and/or site downtime or any other errors or delays caused to the site and/ or Service as a result of unforeseen technological difficulties associated with servers, data hosting or any other reason, we hereby reserve the right to:

a)   decide (prior to or after the original time set for conclusion of the online auction) to extend an online auction for a period of time (determined at our discretion); and/or,
b)   void that entire online auction transaction and open the auction again at the original start prices


Thank you





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