I think it could be tough to do as you describe, Leon.
Say someone has that $100 card up for auction. Someone bids $50. Why wouldn't I then bid $1,000 for it. No one is going to outbid me. And per the "$1 higher" rule, I would get the card for $51. Seller would be upset, likely not want to sell it, etc.
I like where you're trying to go with it, but unfortunately a public max bid in that format I don't think will work great.
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