Beyco

1. Register and create a V-Auction Account

   • To join any V-Auction event, you must create a V-Auction account. During registration, you'll need to agree to our Auction Platform's Terms & Conditions. This step ensures we can verify your identity and that you understand and accept our policies.

2. Accept the Bidding Agreement

   • Each auction has its own bidding agreement. To place bids and order samples, you must accept the specific agreement for the auction you wish to participate in.
   • Please complete the application with as much information as possible to facilitate the review process.

3. Discover more auctions!

   • Your V-Auction account grants you access to all coffee auctions hosted by V-Auction.
   • Remember, you must apply to bid in each separate auction, even if you already have an account.

If you have any questions or need assistance, please reach out to our support team beycoauctions@v-auction.com. We're here to help!

This event features two distinct auction styles across two days, offering different ways to bid and win!

Day 1: Timed Auction

Our first day operates as a timed auction, running for a set 4-hour period (from 9 AM to 1 PM). During this time, all available lots are open for bidding simultaneously.

Here's how it works:

• You can place bids using the next suggested increment.
• Alternatively, you have the option to "Buy Now" and secure an item immediately at a set price.
• When 1 PM arrives, the auction concludes, and winning bidders will be notified.

Please note: Any lots that don't sell during the timed auction may or may not be carried over to the second day's reverse auction.

Day 2: Reverse Auction

Get ready for an exciting reverse auction on Day 2! This style is dynamic and fast-paced, as the prices for all lots will gradually decrease over time.

Here's how you can participate:

• All lots begin with an opening price that will continuously drop.
• The first person to place a bid wins the lot at its current, decreasing price. By bidding, you are accepting that price.
• Lots will drop out as soon as someone bids on them, so keep a close eye on the items you want and be quick to bid!

A. Bids can be made in one of three ways:

• Next Suggested Increment: Click the "Bid" button, then "Confirm" to bid at the next increment.
• Higher Amount: Enter an amount higher than the current increment in the text box, click "Bid", and then "Confirm".
• Auto Bidding: Set a maximum amount you are willing to spend. The system will automatically bid on your behalf up to this amount. If the bidding exceeds your set amount, you will need to place another auto-bid to continue.

A. Payment for auction lots is due in full within 15 days after the auction date. Please ensure you are familiar with the Terms & Conditions you agree to when registering for the auction.

If the winning bidder does not pay within this time, the lot will be offered to the second-highest bidder.

After the auction closes, we will contact you to arrange payment, contracts, and shipping. Once agreed upon, payment can be made via bank or wire transfer. Other options are available and can be discussed as needed.

For destinations not served by our certified coffee importers, full payment is required before the coffee leaves the country of origin.