# Premier Auction

> How do I apply to bid in the Premier Auction      Web iOS and Android users   You can get approved to buy and sell in the Fanatics Collect Premier Auction in

Source: https://support.fanaticscollect.com/en_us/premier-auction-Sk2jQCmaeg

Last updated: 2026-02-03T22:46:06.338Z

To buy and sell in the Fanatics Collect Premier Auction, you'll need to apply first. It only takes a few minutes.

1.  Login to Fanatics Collect and click [Premier](https://www.fanaticscollect.com/newsroom/streamlined-premier-auction-approval-in-minutes-on-ios?af_xp=email&source_caller=ui&pid=Email&utm_source=Iterable&shortlink=newpremierapplicationprocess&utm_medium=email&utm_campaign=New%20Premier%20Auction%20Application%20Process&deep_link_value=fanaticscollect%253A%252F%252Froute%252Fmarketplace%252Fpremier&c=https://www.fanaticscollect.com/marketplace?type=PREMIER)
2.  Attempt to place a bid in Premier Auction and tap "Begin Application"
3.  Provide the required information when prompted by Plaid

Eligible participants are approved almost instantly.

## **How does extended bidding work?**

*   Each Premier Auction will close with an Extended Bidding period.
*   Extended bidding starts at 7:00 p.m. PT on the closing night of the auction.
*   All registered Fanatics Collect users in good standing can take part in Extended Bidding.
*   From 7:00 - 7:30 p.m., bids are extended for 5 minutes. Each time a new bid is placed, the 5-minute timer for all listings will reset.
*   The extended bidding timer is accelerated twice, once after 7:30 p.m. and again after 8:00 p.m. when the first bid is placed after 7:30 p.m., the timer for all listings will reset to 2 minutes. When the first bid is placed after 8:00 p.m., the timer will reset to 1 minute. Each time a new bid is placed, the timer will reset for all listings in the auction.
*   When no new bids are placed on any item, and the timer expires, the entire auction will end.

**Note:** If any item receives a bid during the extended period, the entire auction extends.

## **What is Premier Auction half-bidding?**

During the 1-minute extended bidding window(s), all bid increments will be halved.

## **What is the buyer's premium?**

A buyer's premium equal to 20% of the winning bid amount will be added to the final sale price. Therefore, the price you pay for an item will be equal to your winning bid plus 20% of that winning bid, plus applicable taxes and shipping costs if you choose to have your collectible sent to you. The buyer's premium is not reflected in the maximum bid in the auction bidding tool, though you are notified of the price including the premium when you enter your maximum bid.