How CLCT works
Transparent auctions and direct collecting — settled in Bitcoin.
Built for people who keep things.
CLCT presents collectible objects with clear records, high-resolution imagery, and auction history. Every auction is public, every bid is recorded, and every winner settles in Bitcoin.
Clear records
Factual descriptions, imagery, condition, provenance, and relevant grading or edition detail.
Public auctions
Current bid, bid history, reserve status, and closing time are visible to everyone. Bidder names appear masked.
Bitcoin settlement
Invoices are denominated in US dollars and paid on-chain or over Lightning.
Two ways to acquire a lot.
Auctions
Place a bid, or set a private maximum. A bid is bid in full. A maximum is a ceiling: CLCT bids for you one increment at a time and only as far as it needs to. The highest valid bidder wins at close, subject to any reserve.
Fixed price
Buy at the listed price. Starting a checkout creates an invoice; it does not take the lot off sale. Only a settled Bitcoin payment secures it, and on a lot that is also at auction, bidding continues until one does.
Before you can bid
Create an account, verify your email address, give your legal name, and accept the Conditions of Sale. Your legal name, email address and delivery details are never published — public bid history shows a masked username only.
How a lot is won.
- The lot displays the next bid, which is the smallest amount that will be accepted. Before you confirm, CLCT shows your amount, the 5% buyer’s premium and the resulting subtotal.
- Your maximum is never shown to other collectors. CLCT raises your bid only when someone bids against you, and never above your ceiling. If two collectors set the same maximum, the one set earlier wins at that amount. A maximum can be raised later, but never lowered.
- The next bid is the current bid plus the increment that applies at that price — the schedule below, in force now. You may bid any amount at or above it; the increment is a floor, not a required step.
- A bid inside the final 2:00 that takes the lead resets the clock to 2:00 remaining, and every further leading bid resets it again. Bidding ends when two minutes pass with no new leader, so a lot cannot be won by arriving one second before the close. The house clock on the lot decides when bidding ends — never your device clock.
- Bids are binding and cannot be retracted. Read the full lot record, review the images, and read the Conditions of Sale before you place one.
Bid increments
| Current bid | Increment |
|---|---|
| $0.00 – $999.99 | $21.00 |
| $1,000.00 – $1,999.99 | $50.00 |
| $2,000.00 – $4,999.99 | $100.00 |
| $5,000.00 – $9,999.99 | $250.00 |
| $10,000.00 – $24,999.99 | $500.00 |
| $25,000.00 – $49,999.99 | $1,000.00 |
| $50,000.00 and above | $2,500.00 |
What a win actually costs.
A winning invoice covers two figures: the winning bid and the 5% buyer’s premium. Everything else is quoted separately.
Winning bid
Hammer
The price the lot reached at close.
Buyer’s premium
5%
Calculated on the winning bid and added to every sale.
Shipping, packaging, insurance, tax
Quoted
Separate from the winning bid and the premium unless a lot expressly says otherwise. Quoted for the winning collector after the sale, once payment has settled and the destination is known.
Amount due
USD
Invoiced in US dollars, payable in Bitcoin — on-chain or over Lightning.
CLCT packages shipments professionally, ships them insured, and emails tracking once a lot is on its way. The Conditions of Sale govern shipping, insurance and delivery in full.
From close to doorstep.
- The highest valid bidder wins, provided any reserve has been met.
- To the winner alone, in US dollars, showing the winning bid, the 5% buyer’s premium, and the total due.
- On-chain or over Lightning, within 48 hours of the invoice being issued. The dollar total is fixed; the Bitcoin amount is worked out against it when you generate a payment request and holds for 15 minutes, after which a fresh request quotes a fresh amount for the same dollar total.
- Once payment settles, CLCT emails you to confirm the delivery address and arrange fulfillment. No address or delivery information is collected or shown while bidding is open.
- CLCT packages the lot, ships it insured, and emails you the tracking details.
Consign through CLCT.
Submit an object or a collection through Sell with us. CLCT reviews every submission for fit, then works with accepted consignors to document the work, agree the format, and prepare the listing. Nothing is listed and nothing is committed by submitting.
- Tell CLCT what the object is — images, condition, provenance, and the sale format you want.
- CLCT accepts, declines, or asks for more. Accepted items receive consignment terms before any sale is set.
- Your item is presented to a focused collector audience, at auction or at a fixed price.
Questions about a specific lot, payment, shipping, or a submission? Email team@bitcoinforcollectors.com before you bid or consign.