quote:There is one itsy-bitsy exception to that. Should the high bid *not* be above the second high bid by the increment amount (less .01), then you know the high bidder’s bid.
Originally posted by Chatter:
The bid appears during the auction, but not the full amount, only the amount that is one increment ahead of the second-highest bidder.
And, of course, in reserve auctions, the bidder that reaches the reserve amount first, can be well over an increment amount in relation to the second-highest bidder.