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What is meant by “Suggested Opening Bids?

April 26, 2017bids meant opening suggested

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What is meant by “Suggested Opening Bids?

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Suggested Opening Bids are the Auctioneer’s recommendations of starting bids. From that initial bid you would increase your bid in increments as called out by the Auctioneer until you reach your highest bid price. Suggested Opening Bids are not minimum reserve figures.