Sprint Sale #1 – Test Lot # 2(Timing)

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Winning Bid: £60.00

Proxy Bidding, Also known as Commission Bidding is a concept in which the system automatically bids on your behalf up to the maximum bid amount that you have chosen (“Max Bid”).

Your leading bid will be placed from your max bid, at one increment above the competing bid, thus keeping you in the top position until your “Max Bid” is reached. The driver of the “Max Bid” is bids from other bidders.

This is simply to make the online auction process much easier and less time-consuming. Proxy Bid is the Maximum Bid and not the Current Bid.

  • If auction price is between 0 and 750 the bid increment is 10
  • If auction price is between 750 and 1500 the bid increment is 25
  • If auction price is between 1500 and 2500 the bid increment is 50
  • If auction price is over 2500 the bid increment is 100
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Description

Product (Long) Description

Total Bids Placed:

Auction has expired

Highest bidder was: *******

Bidder Name Bidding Time Bid Auto
******* 26-Aug-2025 9:02 AM £60.00
Auction started 26-Aug-2025 9:03 AM

This auction is under proxy bidding.

Item condition: New

Product Short Description

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Description

Product (Long) Description

Total Bids Placed:

Auction has expired

Highest bidder was: *******

Bidder Name Bidding Time Bid Auto
******* 26-Aug-2025 9:02 AM £60.00
Auction started 26-Aug-2025 9:03 AM