Bid Increments
A standardized amount an item increases in price after each new bid, set by the auctioneer
From
Increment
0
 
5
100
 
10
200
 
20
300
 
30
400
 
50
1,000
 
100
2,000
 
200
3,000
 
300
4,000
 
500
10,000
 
1,000
+