Bid Increments
A standardized amount an item increases in price after each new bid, set by the auctioneer
From
Increment
0
 
10
200
 
20
300
 
25
500
 
50
1,000
 
100
2,000
 
200
3,000
 
250
5,000
 
500
10,000
 
1,000
20,000
 
2,000
+