This article describes what maximum bids are, how they can be placed, and how to track current maximum bids.
This article contains the following sections:
Whether a bidder is a new or experienced member of Proxibid, there are a few things to keep in mind:
- Placing any kind of bid in an event is a commitment to purchase the item from the auction house in the event that you have the highest bid.
- Read the item's description and review images of the item thoroughly before placing any bids.
- Digital images and descriptions can vary in clarity.
- Contact the seller directly to learn more about the traits of a specific item not addressed in the item's description.
- Thoroughly read the seller's Terms of Sale section prior to placing any bids.
- Proxibid monitors pre-bid retraction requests to prevent abuse.
A pre-bid is a bid placed before a sale has gone live or ended. Pre-bids are bids made preemptively before a sale, and can be entered as a maximum bid.
What is a Maximum Bid?
A maximum bid is a pre-determined amount that a bidder is willing to bid up to. When a bidder enters a maximum bid, they are telling the Proxibid application to place bids on their behalf, not exceeding the maximum amount.
Entering a maximum bid does not guarantee that the bidder will win the item at, or below, the amount entered.
Placing Maximum Bids
By placing a bid, bidders are agreeing to the seller's Terms of Sale, so bidders should read an event's Terms of Sale thoroughly prior to participating in any auction event.
Maximum bids can be placed in both Timed and Live auctions.
To place a maximum bid, click the Enter a Maximum Bid link and then enter the maximum bid into the bid field.
A pop-up menu will open confirming the details of the bid. Click the Confirm Bid button to submit the bid. The bid will not be submitted unless the Confirm Bid button is clicked.
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