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What triggers a proxy bid and how does it work?

bid proxy triggers
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What triggers a proxy bid and how does it work?

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As an example you (User A) have selected the proxy option and have the highest maxium bid – a bid of $100 for specimen X. The system sets your bid at $1 for specimen X as it is the initial bid. User B sees the specimen and decides to place a bid on it also. User B enters a maximum bid of $35 for specimen X. The proxy system alerts User B that he has been outbid and records User B’s bid of $35 in the table and then enters a $1 higher bid of $36 on User A’s behalf. Then User B decides to bid again and this time enters $75 as the maximun for specimen X. The proxy system alerts User B that he has been outbid and records User B’s bid of $75 in the table and then enters a $1 higher bid of $76 on User A’s behalf. User B then decides to bid again and enters a Maximum bid of $100. The proxy system alerts User B that his $100 is identical to that of User A’s and since User A was first the credit for the $100 bid goes to User A.

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