Q. |
Why does the Bid History display T1250 when my highest bid was T1275? |
A. |
Bids that are made still only increase by the bid increments that are set for that amount. For example if the next available bid is T1200, there is a proxy of T1525 set and bidder 2 bids T1360, bidder 2’s bid amount will be displayed at T1350 not T1360. This is because T1350 is the highest bid increment that T1360 can reach.
The only time there will be an amount displayed on the bid history that is not a bid increment is if it is the last bid the system places of a set proxy bid. For example if a bid is placed at T1350 and the proxy bid is set for T1375, the last bid for the proxy set will display i.e. the T1375. The next available bid will be one bid increment higher then the last bid i.e. T1425. |