No-reserve lots that always clear, a 10% buyer's premium, and anti-snipe protection.
Every auction starts with no reserve, which means there is no hidden minimum the bidding has to clear. When the clock runs out, the lot sells to the highest bidder — full stop. No relisting, no 'reserve not met', no wasted bids.
Winning bidders pay a 10% buyer's premium on top of the hammer price. It is shown clearly on every lot and folded into the total you confirm, so there are no surprises at settlement.
Last-second sniping is neutralized. If a bid lands inside the closing window, the auction clock automatically extends so other bidders get a fair chance to respond. Lots only close once the bidding has genuinely gone quiet, which keeps final prices honest.
Bidding tips
Bid the most you would happily pay and let anti-snipe do the rest — you never need to wait for the final second. Each bid must clear the current minimum next bid, which is shown on the lot.
GradedTown is a demonstration build with synthetic data — nothing here is a real collectible and no money changes hands. For the full overview, see How it works.