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New Bid Increments for High Value Coins/Paper Money
Ian Russell on Tue, Apr 10, 2018 01:26:08 AM
Due to the larger value coins and currency we are offering in our auctions, we have added new bid increment tiers for auctions $50,000 and above.  There are no changes to the bid increment tiers under $50,000.

"We are pleased to be offering higher value rarities in our auctions, such as the Wass Molitor $50 that we sold last night for $79,875 and the new increments will reflect a better bidder experience for bidders of $50,000+ items.  We have a number of rarities coming up, including two extraordinary unique bank notes and a high grade 1915 $50 Panama Pacific Gold Round Commemorative" said Ian Russell, Owner/President of GreatCollections Coin Auctions.

New Bid Increment Tiers
$50,000.00 to $199,999.99 Increment: $2500.00
$200,000.00 to $499,999.99Increment: $5000.00
$500,000.00  or moreIncrement: $10000.00                                                                                                    
                                                                                     
All Bid Increment Tiers
From To Amount
$0.01 $49.99 $1.00
$50.00 $99.99 $2.00
$100.00 $249.99 $5.00
$250.00 $499.99 $10.00
$500.00 $999.99 $25.00
$1,000.00 $2,499.99 $50.00
$2,500.00 $4,999.99 $100.00
$5,000.00 $9,999.99 $250.00
$10,000.00 $24,999.99 $500.00
$25,000.00 $49,999.99 $1,000.00
$50,000.00 $199,999.99 $2,500.00
$200,000.00 $499,999.99 $5,000.00
$500,000.00 or more $10,000.00