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<p>[QUOTE=&quot;TIF, post: 2309858, member: 56859&quot;]No, they do not jump the current high bid beyond the appropriate increment.</p><p><br /></p><p>Examples:</p><p><br /></p><p>You are interested in a coin which has an opening bid price of $2000 and there are currently no bidders.&nbsp; You submit a maximum bid of $4000.&nbsp; The current bidding status would be be changed to reflect one bidder (you), with bidding currently at $2000.</p><p><br /></p><p>Another scenario:&nbsp; The same coin already has one mail bidder and shows current bidding at $2000.&nbsp; You submit your mail bid of $4000 and the new high bidder shows as $4000 to the original bidder, but with two bidders.&nbsp; This would indicate that the original bidder&#039;s maximum was at least $4000 and their bid was received prior to yours.&nbsp; If their maximum bid was more than $2000 but less than your bid of $4000, the new high bid would be one increment higher than the original bidder&#039;s maximum, with you as the new top bidder.</p><p><br /></p><p>If at the time the auction goes live you are the top bidder, the bidding opens at your top bid and continues on from there, with the auction house executing new bids on your behalf, if needed, up to your maximum.[/QUOTE]</p><p><br /></p>

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