Auction Catalog
Richmond County Surplus Auction
Instant Announcements
NEW BID!
A new bid has been placed on: 40 ...--10/28/2020 4:11 PM -20
NEW BID!
A new bid has been placed on: 6 ...--10/28/2020 4:11 PM -59
NEW BID!
A new bid has been placed on: 40 ...--10/28/2020 4:12 PM -20
NEW BID!
A new bid has been placed on: 30 ...--10/28/2020 4:15 PM -04
NEW BID!
A new bid has been placed on: 9 ...--10/28/2020 4:17 PM -41
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Activate ability to jump the bid?
"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.