Bid Table

Rock Island Auction Company has established the following bidding increments in this table.

Auction bids are designed to adhere to approximately 10% of bid price. Auctioneer’s at their discretion may or may not cut a bid increment, in most cases the auctioneer’s will adhere to the following bid increments:

$50 – $200 $10 increment
$200 – $500 $25 increment
$500 to $1,000 $50 increment
$1,000 – $2,000 $100 increment
$2,000 – $5,000 $250 increment
$5,000 – $10,000 $500 increment
$10,000 – $20,000 $1000 increment
$20,000 – $50,000 $2,500 increment
$50,000 – $100,000 $5,000 increment
$100,000 – $200,000 $10,000 increment
Over $200,000 Auctioneer’s Discretion