Bidding Increments
Making a purchase at Fellows involves engaging with two distinct auction formats:
Live auction – a traditional auction format where participants can place bids in person, via telephone, or through our proprietary bidding platform, Fellows Live.
Timed auction - auctions conducted solely online, where each lot concludes sequentially at 30-second intervals. Any subsequent higher bids trigger an extension of the countdown.
Prospective bidders should acquaint themselves with the specific bidding increments associated with each auction type, as they differ significantly.
Useful Information
Live Auction Increments
FROM | TO | INCREMENT |
|---|---|---|
£0 | £50 | £2 |
£50 | £100 | £5 |
£100 | £200 | £10 |
£200 | £1,000 | £20 |
£1,000 | £10,000 | £100 |
£10,000 | £1,000,000 | £1,000 |
Timed Auction Increments
FROM | TO | INCREMENT |
|---|---|---|
£0 | £50 | £2 |
£50 | £100 | £5 |
£200 | £1,000 | £10 |
£1,000 | £10,000 | £50 |
£10,000 | £100,000 | £500 |
£100,000 | £1,000,000 | £1,000 |
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