Did you know ... How the bid increment works in the Stamporama Auction?
by Tim Auld
27th of March 2010
For those of you who have been wondering how the Stamporama Auction bid increment calculation works, the following table sets out the Auction Lot Value Ranges and the Bid Increment applied by the bidding program.
From | To | Increment |
.01 | .99 | .05 |
1.00 | 3.99 | .10 |
4.00 | 9.99 | .25 |
10.00 | 19.99 | .50 |
20.00 | 49.99 | 1.00 |
50.00 | 99.99 | 2.50 |
100.00 | 249.99 | 5.00 |
250.00 | 499.99 | 10.00 |
500.00 |
2499.99 | 25.00 |
2500.00 | 4999.99 | 50.00 |
5000.00 | 99999.99 | 100.00 |