Thread: Uh-oh...
View Single Post
Unread 02-23-2015, 08:38 AM   #7
sheepherder
Lifer
Lifetime Forum
Patron
 
sheepherder's Avatar
 
Join Date: Feb 2009
Location: ...on the 'ol Erie Canal...
Posts: 8,181
Thanks: 1,398
Thanked 4,438 Times in 2,327 Posts
Default

Quote:
Originally Posted by alvin View Post
What's the meaning of those "Plus 1", "Plus 2", I saw that on bid form, but don't know the meaning so I always leave that blank...
Ah! There's another controversy! I had thought it meant a second (or third) incremented bid, from your last bid...But another member told me it was a second (or third) bid from the last bid, no matter who from...

There is a big difference...If it's from the last bid, and say there were 3 bids above yours, in increments of $100, your Plus 1 bid could be $400 higher than your last bid...And your Plus 2 could be $400 more than that...But if it's just a Plus 1 from your last bid, then you'd stop at $200 over your maximum...

It's very confusing...
__________________
I like my coffee the
way I like my women...
...Cold and bitter...
sheepherder is offline   Reply With Quote
The following member says Thank You to sheepherder for your post: