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Q. |
Why does the Bidding History display a jump of 500 and not the Bid Increment which was 50? |
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A. |
If a person bids under the proxy bid (the higher bid) that bid will be identified in the bid history. The bid history will display the last bid i.e. T1200, the next bid (which was lower then the proxy) T1700, and then the proxy bid which will be one bid increment higher then the last bid i.e. T1750. |