What Are Bid Increments?

When you're placing a bid, you'll notice that your next bid has to be a certain amount higher than the current one. That’s because we use something called a Bid Increment Scale.

🔄 What Is a Bid Increment?

A bid increment is the minimum amount your bid needs to increase by in order to place a valid next bid.
The higher the current bid, the larger the increment.

This system keeps the auction fair and moving at a steady pace.

📊 How It Works

Here's a simple example:

• If the current bid is $5.00, and the increment is $0.50, your next bid must be at least $5.50

• If the current bid is $100.00, and the increment is $10.00, your next bid must be at least $110.00

We have a full Bid Increment Scale that outlines how this works across different price ranges. You'll see a “Bid Increment” line underneath the starting bid when you view a lot.
Clicking it will open the full scale.

🔍 Where to Find It When Bidding

1. Open any lot in the auction catalog

2. Look just below the Starting Bid section

3. You’ll see a line labeled Bid Increment

4. Click it to view the full schedule for that lot
   

🧠 Why It Matters

Understanding bid increments helps you:

• Know how much you’ll need to increase your bid

• Avoid frustration when your bid gets rejected for being too low

• Strategize if you're placing a Max Bid, since your max will follow the same increment rules