Bid Increments
A standardized amount an item increases in price after each new bid, set by the auctioneer
From
Increment
0
 
25
500
 
50
1,000
 
100
3,000
 
250
5,000
 
500
10,000
 
1,000
30,000
 
2,000
50,000
 
5,000
100,000
 
10,000
200,000
 
25,000
+