Can someone else outbid me at my “Max Bid?”

No. If your Max Bid is placed first, then you will remain the winning bidder until your Max Bid is surpassed.

Example:

Your Max Bid is $1,000. You are winning with a Current Bid of $750.

• If a new bidder bids $800, your bid will be increased to $850 (this is the next bid increment and the minimum required to surpass their bid), and the new bidder will be asked to bid again.
• If the new bidder were to place a bid of $1,000, you would still be winning the lot for $1,000 since your bid came first.
• If the new bidder were to place a bid of $1,100 (the next bid increment over your $1,000 Max Bid), then they would become the new high bidder.

This is different from our existing auction formats and places a new, strategic priority on placing your Max Bid first. Bid early and bid often!