BWIC stands for Bids Wanted in Competition. It is a 10-day sealed bid auction where bidders compete to own investment grade collectibles outright. On select lots, Collectable will enable Group Bidding, a unique tool which allows verified accredited investors to pool their bids together to own fractional interests in the piece. BWIC Auctions are applicable for numerous collectibles verticals, including sports cards and memorabilia, comic books and comic art, graded video games, TCG, wine, and more.