Auction Ends: Dec 20, 2020 11:59 PM EST

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Bradford Renaissance Portraits

Item Number: 121

Estimated Value: 3000 USD
Opening Bid: 200 USD

Item Description

Gift Certificate worth $3000

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The goal of proxy bidding is for you to win the auction at the lowest possible price. Your maximum bid is only placed when another bidder also bids up to that amount or when the reserve price is equal to or greater than your maximum bid.

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Example

An item’s current bid is $3.00, and the bid increment is $0.10. Jane chooses automatic bidding and enters a maximum bid of $6.00, so Jane becomes the high bidder and the current bid reads $3.10.

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Example

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