American Memorabilia time ending question

[Preston]

Hey guys,

There's one, maybe two items I'm currently keeping an eye on on this AM auction and I was wondering is the ending time for their auctions based on Eastern time?

Thanks a bunch!

[crr9381]

They are based out of LAs Vegas so it would be pacific time zone..

[joelsabi]

keep in mind their 15 minute rule that restarts the clock if their is a bid within the last 15 minutes of the close of the auction. the extention continues until there is no outbids for 15 minutes. correct me if i am wrong.

i guess this prevents sniping that is common on ebay.

[Preston]

True, good point. I did call to ask and they said pacific time.

so if I bid say, $500, on an item that's priced less as of now, is my bid $500 or is it a proxy bid?