Auction Catalog
Former Indian Museum of the Carolina's Building, Acreage and Resi
Instant Announcements
NEW BID!
A new bid has been placed on: 102 ...--01/23/2020 3:45 PM -35
NEW BID!
A new bid has been placed on: 102 ...--01/23/2020 3:50 PM -00
NEW BID!
A new bid has been placed on: 103 ...--01/23/2020 3:50 PM -13
NEW BID!
A new bid has been placed on: 100 ...--01/23/2020 3:59 PM -07
NEW BID!
A new bid has been placed on: 100 ...--01/23/2020 4:02 PM -02
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"Jumping the Bid" is a bidding strategy by which a bidder increases the bid by more than the next accepted bid (placing your bid at $150 when the next accepted bid is $125). This practice is used by some bidders to discourage others from bidding in hopes of acquiring an item at a lower price. There are many theories on the effectiveness of this practice and a bidder who wishes to apply it does so at their own discretion. The auction company will not lower the price of an item that has been won by a "jumped" bid with no other competing bids.