Bid Increments
A standardized amount an item increases in price after each new bid, set by the auctioneer
From
Increment
0
 
10
250
 
25
1,000
 
100
5,000
 
250
10,000
 
500
15,000
 
1,000
20,000
 
2,500
50,000
 
5,000
100,000
 
10,000
500,000
 
15,000
+