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Thread: *BID INCREMENT*...HOW and WHY

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    Moderator Schmoderator Fluorescent fluorite, England PlantAKiss's Avatar
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    *BID INCREMENT*...HOW and WHY

    Bid increments are used in order to prevent people outbidding by just a penny or few pennies. This helps make tracking bids easier and reduces the number of bids (i.e....doesn't take 100 bids to advance $1), especially frivolous bids. It is standard in both auction houses and on-line auctions. Please keep your bids within the increment level for the current item price.

    If you have any questions, please ask me (PlantAKiss) or any moderator. Thanks!
    -------------------------------------------------------

    Please follow the bid increments posted in the rules:

    **Bid increments:** *Please keep bids to WHOLE dollar amounts (no cents).
    Bidding increments will be based on current high bid.

    If the current high bid is between:

    $1-$19, you may place a bid no lower than $1

    $20-$49, you may place a bid no lower than $2

    $50 + , you may place a bid no lower than $5

    Bids higher than these minimums may be placed at any time.

    If you see any bids not following the rules, notify a moderator please.

    If you do not understand this bidding rule, please ask.
    Last edited by PlantAKiss; 05-17-2008 at 02:54 PM.
    "Fox terriers are born with about four times as much original sin in them as other dogs." - Jerome K. Jerome

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