MGS online only auctions are unique. Instead of every lot closing at the same time, the online only auction runs the exact same way as a traditional live auction webcast.   

Thus giving the buyer the opportunity to watch or bid on every lot as they are finalised. The only difference is there is no auctioneer or live crowd bidding.   

From the advertised auction time every lot is then finalised one by one in numerical order at approx 120 lots per hour. At a similar speed of a traditional live auction.