Note to kdsanders81; the reason it says you've been outbid id because someone else has already bid higher than the bid you tried to put in. if you really want to be high bidder, keep bidding up until it tells you you are 'high bidder'. Hope this helps. Some times, if people want to bid but can't watch the auction, they will 'proxy bid'. That is when someone puts in a very high bid ahead of time. You just have to keep upping your bid until you out bid them. Good luck
it looks like A old railroad lock like my dad used on the railroad he worked there 39 years does it have a railroad name ? and can you take a picture with the key jatch open that could tell you more about it like if it off to the left or right thanks