Definitions

Autobidding

The process whereby I will increase your bid in response to someone else's bid. You need to prearrange this with me, and you need to tell me how much to increase by (>= the bid increment amount) and when to stop (the highest you are willing to go). Of course, the fact that you are autobidding and what your cap amount is, is private info and I will not reveal it to anyone else. I will notify you when you did an autobid and why (who the bidder was that bumped you).

Cutoff Date

The date after which the Once Twice Sold progression begins. This date may be the same for all items in an auction, or may differ from item to item.

Loose Pieces Set

The item has the original box, which has been opened. It may have been flattened at some point. The pieces have been removed from their bags. The bags may or may not be present. All other materials (stickers, instructions, flyers, minicatalogs, survey forms, etc.) if any, are present unless otherwise noted. Stickers have not been applied.

Missing Piece Risk

The chance that a Sealed Box Set or Open Box Set is missing a piece. Sometimes Lego(r) Consumer Affairs can supply a replacement, sometimes they can't. If you pay the Sealed Box Surcharge, you assume Missing Piece Risk. If you don't, I assume the risk (but if I find a missing piece, I have the right of refusing to sell the set to you instead of obtaining a replacement piece)

No Box Set

The item no longer has the original box. All required pieces are present (although spare pieces may be missing). Instructions are present unless noted. Stickers are not applied unless noted.

Once,Twice,Sold

The process of concluding bidding on an item. An item with no activity goes to state Once at the cutoff date, and if no bids come in, to state Twice one business day later. Again, if no bids come in, the item progresses to state Sold one business day later.Should a bid come in while the item is in state Once or Twice, the item returns to open state and the "clock is reset". Should a bid come in once the item is in state Sold, it is too late, the item has been sold already. Even if the item is not bought by the highest bidder, the bid is too late, as the item will then go to Second Highest Bidder. This may mean a slight loss of potential dollars to me, but I prefer to run an orderly auction and not encourage late bidding.

Open Box Set

The item still has the original box, but it has been opened. The pieces are in their original bags, which are sealed. All other materials (stickers, instructions, flyers, minicatalogs, survey forms, etc.) if any, are present unless otherwise noted.

Pulled

To remove an item from the auction, even if it has bids.

Pulled for Trade

Item is removed because someone worked out a side deal with me for an item I really want.

Reserve Price

A secret threshold that if not exceeded, will cause an item to be pulled at the end instead of being sold to the highest bidder. I don't use reserve prices.

RTL

the rec.toys.lego newsgroup on the internet

Sealed Box Set

The item is still in the original box. The seals are on the box and have not been tampered with. Therefore, all the parts, instructions, stickers, etc. should be there. However, buyers of a Sealed Box Set item assume Missing Piece Risk.

Sealed Box Surcharge

I am a BUILDER, not a collector. Some of the items I am selling are ones that I would like to build and play with myself, but can't afford to keep. Some items have sealed boxes, or have opened boxes but with the parts sealed in their bags. If an item has a Sealed Box Surcharge (percentage or dollar amount), the winning bidder has two options:

• They can receive the item with seals and bags intact by paying the amount of their bid, plus the Sealed Box Surcharge
• They can receive the item with seals broken, bags carefully opened with scissors, and pieces returned to bags (not necessarily the bag they originally were in) and bags taped closed, after I have carefully assembled and played with the set, as well as possibly scanning the instructions for future reference, then disassembled the set. Should I break a piece, the Missing Piece Risk applies (that is, I can keep the set and return your funds). No stickers will be attached to any pieces, and all materials will be included in the set box, including the cut off edges of the parts bags.

Play occurs while waiting for your check to arrive and for it to clear. Bidders need not reveal their selection until they win the item.

Second Highest Bidder

The bidder that bid the second highest amount of money, or in case of ties, the bidder who did so earliest. In case of a problem with the high bidder, the item will be sold to the second highest bidder (whose bid is considered binding, see rule #9), or reauctioned at my option

Shipping

The dollar cost of sending the items to the winning bidders. I prefer to use exact dollar figures and enclose a refund of overage.

Trade Credit

A dollar figure arrived at in a side transaction, in which the bidder supplies an item on my wishlist (or that tickles my fancy) and I credit the bidder the amount we arrived at as credit towards bid items. Should the bidder win items of less value than the trade credit (or no items at all), I owe the bidder some or all of the trade credit.

Wishlist

Items I want and will offer trade credit for.

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