Dear Future is a sealed-bid auction. If you like a piece, submit a bid for the highest amount you would pay for it. The person with the highest bid on the item at the end of the auction on Jan. 27 will win the piece.
Most items are labelled with a reserve price (some have no reserve). Bids on pieces with a reserve must be equal to or greater than the reserve. If the reserve price for a piece is not met, it will be returned to the artist.
Read the full rules here.*