Why would an auctioneer selling an estate, have a $ 4,000 item have a starting bid of $ 2.50 They tell me everyting is automatically started at $2.50

asked by Gladys G. on 5/7/18

1 Answer
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Gladys G.,

Thank you for using SiteJabber to reach Proxibid. I apologize for the delay in responding back to you. The quickest method to obtain answers would be to contact our Customer Support Team.

Depending on the Seller's Event, different Listings can start at a myriad of unique starting bid amounts. Within the Auction Industry, it is acceptable for bidding to start low, even if the perceived value is much higher. It is not uncommon for us to see items valued at hundreds of thousands of dollars start at low dollar amounts.

We hope this information answers your questions. As always, if you need additional assistance or have more questions about Proxibid, contact one of our friendly Client Services Professionals as they will be happy to help. Again, thank you for supporting our commitment to excellence. We appreciate your business and look forward to seeing you on Proxibid!

Gabriel S.
Proxibid Sr. Manager of Operations

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