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Posted By: Todd Schultz

This is from their rules--note the last sentence:

Bid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the current bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a cut bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment. However, for Internet bids, these increments only apply to the current bid. Internet bids greater than one increment over the current bid can be any whole dollar amount. It is possible under several circumstances for winning bids to be between increments, sometimes only $1 above the previous increment.

Also, I would have "beat" the other guy to $13K in any event--yet my bid was not acknowledged (but my $12, 680 bid was)

EDITED TO ADD--my $13K+ actaully was acknowledged and confirmed, then apparently "unacknowledged".