Rock Island Auction Company

What is a Bid Plus 1 or 2?, What happens if my maximum bid is equal to another bidder’s maximum bid?

A bid “plus” is used in case of an absentee bid tie. It raises your bid by one or two bid increments. Say there are two sealed bids in on an item for $1,000. If there are no “plus” amounts entered on either bid, the bid with the earliest date submitted would be the winning bid. If one individual had a +1, the item would be hammered to them at $1,100, or plus one bid increment. If you would like any additional clarification on the Bid Plus please do not hesitate to contact us.

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