Security deposit is required to participate in an auction. The service fee is collected from the winners deposit.
For Shelf auctions, the deposit amount is fixed and specified by a respective lot owner.
For external auctions, the deposit is calculated as a percentage of max bid or of the "Buy Now" price.
If a participant is rejected or has lost an auction, the deposit will be returned.
If a participant has won an auction, a fee will be charged from the deposit amount.
||The deposit has not yet been paid.
||The deposit has been paid.
||The deposit has been returned.